With four decades of experience in the investment industry, Catherine Wood founded ARK Investment Management, LLC in 2014 to focus solely on disruptive innovation, primarily in the public equity markets.
She is the founder & chief investment officer of ARK invest - an investment management firm specialising in disruptive innovation! Cathie believes technology can & will change the world & investing on the right side of that change is the best strategy.
Wood is a major advocate of Bitcoin and blockchain technologies. At a tech presentation she called Bitcoin the "reserve currency of the digital ecosystem" and the "flight to safety" during a crypto currency crash. This is one reason why Bitcoin is often called the digital gold.
She was born on the 26 November, 1955 in Los Angeles, California, United States. She's now 66 years old.
She lives in Wilton, Connecticut. She was previously married to Robert Wood. They divorced before Robert died in 2018 of cancer. They have three children, Caitlin, Caroline & Robert.
She is known for making bold bets such as predicting Tesla’s monstrous bull run after setting a $5,000 price target (pre stock split). She has also made other bold bets on Bitcoin, Square and a variety of innovative growth stocks, before they had major booms. In 2020 she was able to have returns of over 150%.
She was catapulted to major fame in 2020 after her funds such as the flagship ARKK (ARK Innovation ETF) returned over 152%! After which her funds received a mass of inflows from investors & now has over $52 billion in assets under management (AUM) up from "just" $5 billion in 2018!
