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David Booth

David Booth

David Booth (#1477)

Global Rank #1477
Country Rank #542
Country United States

The number of managers that can successfully pick stocks are fewer than you'd expect by chance. So why even play that game? You don't need to.

  • $ 3 B
  • Mutual funds
  • United States
  • M
  • 80 Years

Snapshot

Quick Facts

Global Rank #1,477
Country Rank #542
Net Worth $2.8B
Previous Worth $2.8B
Worth Change +$0.0B
Country United States
Industry Mutual funds
Age 80 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 13 Sep 2026, 12:00 AM
Residence Austin, Texas
World Billionaires List United States Billionaires Mutual funds

Profile Data

Personal Stats

Age 80
Source Of Wealth Mutual funds, Self Made
Residence Austin, Texas
Citizenship United States
Marital Status Married
Education Master of Science, University of Kansas; Bachelor of Arts/Science, University of Kansas
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $2.8B
Current Net Worth $2.8B

Worth as of May 4, 2026

About Me

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 $777 billion in assets, most of which is steered via hand-vetted financial advisors. Booth joined the Giving Pledge in 2018, committing to donate at least half of his wealth to charity.

Insights

Did You Know?

Booth paid $4.3 million for James Naismith's original rules of basketball, written in 1891, which is now displayed at the University of Kansas.

In 2008, Booth donated $300 million to the University of Chicago, which is still the largest gift in its history.

Wealth Growth

Net Worth Growth Over Time

Tracking David Booth's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $2.8B (May 4, 2026)

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