Jeffrey Gundlach

Founder and Chief Executive

DoubleLine Capital

THE LATEST: Gundlach, often called the &Bond King, & is highly outspoken on markets and economic conditions. Most recently, he made headlines for his bearish predictions about the stock market in the wake of the coronavirus pandemic. Gundlach cashed in his short bets in March and pegged the odds of a U.S. recession this year at 90%.

BACKGROUND: Gundlach heads DoubleLine Capital, an investment management firm and registered investment adviser with more than $148 billion in assets under management at the end of 2019. Before founding DoubleLine in 2009 with Philip Barach and other colleagues, Gundlach spent 24 years at TCW Group Inc. He has an estimated net worth of $1.6 billion and was No. 47 on the Los Angeles Business Journal&s 2019 list of Wealthiest Angelenos.

YEARS ON THE LA500: 5

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