Thomas Bailey

Net Worth

$1.283B

0% (24h)

Thomas H. Bailey is an American financier, best known for founding the Janus Capital Group in 1969, a major player in the mutual fund industry. His career in money management has earned him a net worth of $1.3 billion as of 2024. Bailey, a graduate of Michigan State University and the University of Western Ontario, is a self-made billionaire with a long and successful career in finance. He is known for his strategic vision and leadership in building Janus Capital Group into a financial powerhouse. He has since focused on breeding horses and fly fishing.

The Full Dossier

Early Life and Education

Thomas H. Bailey was born in 1937. He was born in Pittsburgh, Pennsylvania, and moved to Leamington, Canada, in 1939. He earned a Bachelor of Arts/Science from Michigan State University and a Master of Business Administration from the University of Western Ontario.

Rise to Success

Bailey's career began on Wall Street, but he moved to Denver, Colorado, in 1969, seeking a fresh perspective on markets. He founded Janus Capital Group, which grew into a major mutual fund company. Janus had remarkable returns during the 1980s and 1990s.

Key Business Strategies

Bailey's vision was to invest in dynamic, well-run companies, regardless of size or location. He fostered an entrepreneurial management style, which helped Janus stand out. Bailey stepped down as CEO in 2002 and as chairman in 2003.

Philanthropy

The Janus Foundation, which Bailey was involved with, assists over 140 national nonprofits by offering academic education programs to at-risk youth.

Career Timeline

2003

Stepped down as Chairman of Janus

Left the role of chairman of Janus.

2002

Resigned as CEO of Janus

Stepped down from his role as CEO after 33 years.

1969

Founded Janus Capital Group

Established the mutual fund company in Denver, Colorado.

Philanthropic Impact

Education$XB

The Janus Foundation

Supports over 140 national nonprofits with academic education programs for at-risk youth.