Ron Baron
Investments

Ron Baron Net Worth

Ron Baron was born in 1943 in New York, and is the CEO of Baron Funds, a money management firm he founded in 1982 with $25 billion in assets under management. He is also known for his extensive real estate investments, having assembled a $152 million estate in the Hamptons from 2001 to 2009.
Ron Baron is a member of Investments

Age, Biography and Wiki

Birth Year 1943
Birth Place New York, New York, United States
Age 80 YEARS OLD
Residence New York, New York
Education Bucknell University George Washington University
Spouse(s) Judy Bernard
Children 2
Parent(s) Marian Baron Morton Baron

💰 Net worth: $5 Billion (2024)

Ron Baron's net worth is estimated to reach an impressive $5 billion in 2024, making him one of the wealthiest individuals in the United States. Baron is renowned for his prolific investments and strategic moves in the financial industry. With a career spanning several decades, he has built a reputation for identifying successful investment opportunities and generating substantial returns. Through his investment firm, Baron Capital Group, he has played a significant role in shaping the American investment landscape. Baron's entrepreneurial prowess and keen eye for lucrative ventures have undoubtedly contributed to his immense wealth and established him as a prominent figure in the field of investments.

2009 $1.3 Billion
2010 $1.35 Billion
2011 $1.5 Billion
2012 $1.5 Billion
2013 $1.7 Billion
2014 $2.1 Billion
2015 $2.2 Billion
2016 $2.1 Billion
2017 $2.2 Billion
2018 $2.32 Billion

Biography/Timeline

1970

Baron worked for several brokerage firms from 1970 to 1982. During this time, he developed a reputation for investing in small, unloved companies.

1978

In 1978, Baron married Judy Bernard in a Jewish ceremony at the Harmonie Club. In 2007, he paid $103 million for a house in East Hampton, New York—the most ever paid for a residential property at that time—from Adelaide de Menil, heiress to the Schlumberger fortune. de Menil's house had been built by piecing together historic East Hampton buildings that she moved to the property to protect them from demolition. Prior to the close of the sale, de Menil broke up the structures and moved them to various locations in the town for protection, including six that were moved a mile north to where they will form the new campus of the East Hampton Town government. Baron is now completing a new 28,000-square-foot (2,600 m) house, designed by Hart Howerton, a New York architectural firm with several other projects in the Hamptons, which specializes in large-scale land use. The house was included in a 2008 Vanity Fair article.

1982

He founded Baron Capital Management in 1982. Baron Capital is well known for its long-term strategy and investment outlook. The firm will typically hold a stock for 4–5 years, sometimes as many as 10–15 years. The firm prefers to invest in mega-trends driven by broad societal and demographic trends, including baby boomer demands for Health care - trends where demand is expected to remain steady for years, or even decades. The firm seeks to invest in companies that have strong management teams, investing in people not assets. They look for companies that have strong growth opportunities, are appropriately financed, have competitive advantages, and are a leader in their field. Baron Capital places a unique focus on the strength of the management teams of the companies they invest in, looking for credible, dependable, trustworthy leadership. In 2011, Baron Capital had approximately $19.5 billion in assets under management. In an effort to thank Investors, Baron hosts an annual shareholder meeting which typically features rock acts such as Elton John, the Beach Boys, and Lionel Richie. In 2012, Baron Capital purchased 24 percent of the stock of the Manchester United Football Club that was offered on the New York Stock Exchange by the Glazer family. Baron's investment amounts to a 2.5% ownership interest in the club as only 10% of the team's stock was floated.

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.