Cathie Wood Net Worth [2023]

As of 2024, Cathie Wood’s estimated net worth is $140 million, according to Forbes.

This represents a significant decrease from her net worth of $400 million in 2021, marking a 65% decline in a single year.

Who Is Cathie Wood?

Cathie Wood is an American investor and the founder, CEO, and CIO of ARK Invest, a firm that manages several actively managed exchange-traded funds (ETFs).

Wood has become well-known in the financial world for her focus on investing in disruptive technology, particularly in sectors such as genomics, automation, and artificial intelligence.

With her bold and often unconventional investment strategies, she has become a prominent figure in the world of finance and investing.

Cathie Wood Career

Wood began her career in economics, studying under Arthur Laffer at the University of Southern California.

She then spent several years working at various firms, including 18 years at AllianceBernstein, an asset management firm.

At AllianceBernstein, she served as the CIO of Global Thematic Strategies, managing over $5 billion.

Her work there gave her experience in thematic investing, which became a cornerstone of her approach at ARK Invest.

ARK Invest

In 2014, she launched ARK Invest with a focus on disruptive innovation, a somewhat novel concept in the world of ETFs at the time.

The firm’s flagship fund, the ARK Innovation ETF (ARKK), has holdings in sectors such as genomics, automation, energy storage, and technology.

The fund seeks out companies that Wood and her team believe are bringing about disruptive innovation and have the potential for high growth.

Wood Investing Style

Wood has been particularly successful in her early support of companies that have since become significant players in the tech sector.

Her early and sustained support for Tesla, for example, garnered a lot of attention.

When many on Wall Street were skeptical of the electric car manufacturer’s potential, Wood was not only a staunch defender but also a bullish investor.

The substantial rise in Tesla’s stock price over the past few years has contributed significantly to both her reputation as a far-sighted investor and to the performance of ARK’s funds.

Wood’s approach to investment is transparent and open, which is another aspect that sets her apart in the investment world.

ARK Invest is known for its transparency, sharing its research and active trades publicly.

This openness has not only garnered attention but also attracted a following among individual retail investors who appreciate the firm’s willingness to share its views and moves.

Net Worth Trends

As for her wealth, it primarily comes from her stake in ARK Invest and the assets under management (AUM) of the firm.

In 2021, her net worth peaked at $400 million, likely due to the exceptional performance of the stock market, particularly the tech sector, during that period.

However, her net worth decreased to $140 million in 2024, reflecting the high volatility and risk associated with the kind of disruptive tech investments that ARK focuses on.

It’s important to note that Wood’s investment philosophy is not without critics.

Some financial analysts argue that her focus on growth and disruptive technology overlooks fundamentals and could lead to significant losses when market sentiment changes.

As with any investment strategy, the future will tell how sustainable and successful Wood’s approach is in the long term.


In summary, Cathie Wood is a bold, forward-thinking investor who has carved out a unique space in the investment world with her focus on disruptive innovation and transparency.

Her wealth is largely tied to her investment firm, ARK Invest, and its performance.

Despite some criticism and recent financial setbacks, she remains a significant player in the investment community, particularly in the tech sector.

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