Ron Baron
New York, New York
Bachelor of Arts/Science, Bucknell University
United States
8
money management, Self Made
$2,300,000,000
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#1057 Billionaires 2019
#354 Forbes 400 2018
Ron Baron is the CEO of Baron Funds, a money management firm he founded in 1982; it has over $30 billion in assets under management as of August 2018.The buy-and-hold investor defended his bet on Tesla in September, predicting he'll make 20 times his money by 2030. Baron owns one of the biggest estates in the Hamptons, which he assembled from 2001 to 2009 at a total cost of $152 million. It's worth much more now. The son of an engineer (dad) and purchasing agent (mom) for the federal government, Baron wanted to be a doctor but didn't get into medical school. Baron became a securities analyst in 1970 and named his dog Big Mac after one of his first successful stock recommendations.
To help pay for college, Baron worked as a cabana boy, lifeguard, water-ski instructor and ice cream truck driver. John F. Kennedy's rocking chair and Babe Ruth's 1920 Yankees contract are two pieces of memorabilia in Baron's Manhattan office.
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