Peter Lynch Net Worth

$450,000,000

Peter Lynch, the famous American investor and mutual fund manager, has a net worth of $450 million. In 2006, his estimated net worth was $352 million, making him the 33rd richest resident of Boston. Throughout his career, Peter achieved an unprecedented annual return of 29.2% as the manager of the Magellan Fund for Fidelity Investments, which reached record growth and became the best-performing mutual fund globally.

Key facts:

  • Peter Lynch managed the Magellan Fund for Fidelity Investments from 1977 to 199, during which time he achieved an unprecedented average annual return of 29.2%.
  • Under Peter's leadership, the Magellan Fund grew from $18 million in assets to over $14 billion, making it the best-performing mutual fund in the world.
  • Peter Lynch is known for coining the phrases 'ten bagger' and 'invest in what you know,' which have become popular investment strategies.
  • In addition to his successful career in finance, Peter Lynch has made significant contributions to philanthropy through his foundation, supporting various organizations in education, health, and culture.
  • Peter Lynch has written several books and articles on investing, including 'One Up on Wall Street,' 'Beating the Street,' and 'Learn to Earn,' which have become bestsellers.

Basic Information About Peter Lynch

CategoryBusiness β€Ί Wall Street
ProfessionsInvestor, mutual fund manager, philanthropist
Net worth$450,000,000
Date of birth1944-01-19 (80 years old)
Place of birthNewton, Massachusetts, U.S.
Social Mediaβ†—οΈŽ Wikipedia

Peter Lynch Famous Network

Male Business ♂️ With Net Worth Closest To $450,000,000

Female Business ♀️ With Net Worth Closest To $450,000,000

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments