David Booth
Chairman and CEO, Dimensional Fund Advisors
$2.23B
as of 07/05/24
About David Booth
When David Booth cofounded Dimensional Fund Advisors in 1981, he began a decades-long experiment in applying academic theory to real-world investing.
His former professor Eugene Fama authored the efficient markets hypothesis, which argues that it's impossible to consistently beat the market.
In light of Fama's research, Booth eschewed stock picking and focused on offering investors low-cost, passive mutual funds.
Dimensional manages $677 billion in assets, most of which is steered via hand-vetted financial advisors.
In May 2018, Booth joined the Giving Pledge and committed to donate over half of his wealth to charity.
Personal stats
Citizenship
United States of AmericaSource of wealth
Mutual fundsResidence
Austin, TexasMarital status
MarriedBirth date
01/01/46 (age 78)Education
Bachelor of Arts/Science, University of Kansas; Master of Science, University of KansasSelf-made
self-madeDavid Booth’s fortune is worth
37K
troy ounces of gold
34K
median U.S. household
22K
median U.S. income
0.045%
U.S. credit card volume
0.009%
GDP of the United States
0.007%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
In 2008, Booth donated $300 million to the University of Chicago, which is still the largest gift in its history.
Net worth over time
Real-time ranking
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