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Monday, June 17, 2024

Marc Gabelli Net Worth: All about Chairman of Teton Advisors, Inc.

Marc Gabelli has been a key figure in the Gabelli organization who has serving as President and Director of GGCP, Inc, since its formation. Alongside this role, he has also been a member of the Board of Directors and Chairman of Teton Advisors, Inc, since 2018.

As of October 2021, he has taken on the additional responsibility of being the Chief Executive Officer of Teton Advisors.

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GGCP holds majority control over Teton Advisors and is also the controlling shareholder of GAMCO Investors, Inc., highlighting Marc Gabelli’s significant influence within these investment advisory businesses.

How much is the net worth of Marc Gabelli?

In December 2023, Forbes Magazine ranked Marc Gabelli as the 1725th richest person in the world with a net worth of $1.7 billion which is mainly from his business career. He attended Stanford University and Boston College.

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Marc Gabelli age

Marc Gabelli age is 56 years old, as of now. He is married with Regina Pitaro. Gabelli and his first wife, Elaine, the mother of his four children, divorced before 1996.

Who is Marc Gabelli?

Mario Gabelli is a financial analyst, investment advisor, and stock investor from America. He is the founder, chairman, and chief executive officer of Rye, New York-based investment firm Gabelli Asset Management Company Investors.

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Gabelli was admitted to the “Barron’s All Century Team,” a list of the most significant portfolio managers in the mutual fund business, on January 10, 2000. At the 73rd Horatio Alger Award Induction Ceremonies held in Washington, D.C., on April 2–4, 2020, Mr. Gabelli was formally inducted into the Horatio Alger Association of Distinguished Americans. He was also awarded an honorary member of Local 6 and the Hotel Trades Council in December 2019.

Marc Gabelli parents

Marc Gabelli was went to Fordham Preparatory School where he graduated in 1961. He is the son of Italian immigrants. He has stated that he purchased his first stock at the age of 13 and that he used to read market reports for enjoyment when he was much younger.

Also read: How much did John Madden make from the Madden video game series?

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