Early Life
Sue Gross was born Sue Frank in Phoenix, Arizona, in February 1950. She grew up with two sisters, Sally Warpinski and Sandra Stubban. In 1985, she moved to Laguna Beach, California.
Rise to Success
Sue Gross's success is largely attributed to her strategic investments and her divorce settlement from Bill Gross, the co-founder of PIMCO. The divorce in 2018 awarded her approximately $1.3 billion. She has been actively investing in real estate for over three decades, owning multiple properties in Southern California.
Key Business Strategies
Her business acumen is evident in her real estate investments and her role in managing the William and Sue Gross Family Foundation. Her investment decisions regarding real estate in Laguna Beach contributed significantly to her wealth.
Philanthropy
Sue Gross is well-recognized for her philanthropic work. As president of the William and Sue Gross Family Foundation, she directed over $700 million in grants to healthcare, medical research, and education. She established the Sue J. Gross Foundation in 2017, which focuses on healthcare, education, and community programs, with assets totaling approximately $97.4 million. Notable donations include $40 million to establish a nursing school and construct a building at UC Irvine.