Date of Birth: June 19, 1942
Zodiac Sign: Gemini
Biography
Mario Joseph Gabelli is an eminent American businessman, investor, and philanthropist, best known as the founder, chairman, and CEO of Gabelli Asset Management Company Investors (GAMCO Investors), a successful investment firm. Born in The Bronx, New York, Gabelli grew up in a working-class Italian-American family, which instilled a strong work ethic and entrepreneurial spirit in him from a young age. He graduated summa cum laude from Fordham University, earning a degree in accounting and later obtained his MBA from Columbia Business School. Gabelli began his career as a security analyst at Loeb, Rhoades & Co., where he honed his skills in value investing, a strategy that would become the cornerstone of his investment philosophy. In 1977, he founded Gabelli & Co., Inc., which laid the foundation for GAMCO Investors. Under his leadership, GAMCO has grown into a multi-billion dollar enterprise, managing assets for a diverse range of clients, including pension funds, endowments, and high-net-worth individuals. Renowned for his astute stock-picking abilities and deep understanding of market dynamics, Gabelli has earned numerous accolades throughout his career. He has also been a generous philanthropist, donating millions to educational institutions, healthcare, and various cultural initiatives.
5 Interesting Facts about Mario Gabelli
1. Mario Gabelli was named Morningstar’s Portfolio Manager of the Year in 1997.
2. He is a fervent advocate of value investing, following the principles laid out by Benjamin Graham.
3. Gabelli is known for his “Private Market Value” approach to investing, focusing on what a business is worth to a private buyer.
4. He has been a guest lecturer at prestigious institutions like Columbia Business School and Harvard Business School.
5. Gabelli has been inducted into the Financial Analysts Hall of Fame.
5 Most Interesting Quotes from Mario Gabelli
1. “The best way to make money is to buy a good business at a good price.”
2. “I look at companies from a private market value perspective, not just what the stock is trading for today.”
3. “Investing is about being patient and disciplined.”
4. “I focus on industries where there are fundamental changes occurring.”
5. “Understanding the psychology of the market is as important as understanding the fundamentals.”
Highest Net Worth Achieved
Mario Gabelli’s highest net worth has been estimated to be around $1.8 billion.
Children
Mario Gabelli has four children: two sons, Marc Gabelli and Matthew Gabelli, and two daughters, Leslie Gabelli and Louisa Gabelli.
Relevant Links
1. [Forbes Profile](https://www.forbes.com/profile/mario-gabelli/
2. [Bloomberg Biography](https://www.bloomberg.com/profile/person/1445089
3. [GAMCO Investors Website](https://www.gabelli.com/
5. [Financial Times Interview](https://www.ft.com/content/3d8e2c6e-5b5e-11e9-9dde-7aedca0a081a
