Peter Lynch
Peter Lynch is a well-known investor and mutual fund manager. He is also known as a philanthropist. From 1977 to 1990 he was manager of the Magellan Fund at Fidelity Investments. He was able to achieve an average of 29.2 annual returns. Assets under management also went from $18 million to $14 billion during his thirteen-year tenure . He has also written and co-wrote numerous books and essays on investing techniques. Because of his track record, the financial media have called him a legend.
Well, how well do you know Peter Lynch? If not a lot, we’ve put together everything you need to know about Peter Lynch’s net worth in 2021, age, height, weight, wife, children, biography, and all the details about his life. Well, if you’re ready, here’s what we know so far about Peter Lynch.
Biography and early life
Peter Lynch was born in, Massachusetts, January 19, 1944. Although he does not reveal the names of his parents and siblings, says his father was diagnosed with cancer when he was seven. Three years later, his father died and his mother had to take responsibility for his family. During his early teens, he worked as a caddy to support his family.
During the age of two, he used his savings to buy shares at 48 a share. The stock later rose to $80 per share, helping him pay for his education.
Age, height, weight and body measurement
So how old is Peter Lynch in 2021 and how tall and how heavy is he? Well, Peter Lynch is 77 today, August 8, 2021 and born on January 19, 1944. Although he is 5′ 8″ in feet and inches and 172 cm in centimeters, he weighs around 180 pounds in pounds and 82 kg in kilograms.
Education
Lynch studied history, psychology and philosophy at Boston College. He provided his education with the profit he made from the sale of the shares. In 1968 he received his Masters in Business Administration from the Wharton School of the University of Pennsylvania.
Personal life: dating, girlfriends, wife, children
Peter was married to Carolyn Ann Hoff and they had three daughters together. Unfortunately, his wife died of complications from leukemia in 2005.
One of the titles he received is that of president of the Lynch Foundation after he co-founded it.
Is Peter Lynch Gay?
Lynch is straight when it comes to sexual orientation. He is neither gay nor bisexual and has never had such rumors in his entire life. He stayed with his wife until her death in October 2005. He is blessed with three daughters.
Professional career
After serving as caddy for Fidelity President George Sullivan at the Brae Burn Country Club, Lynch was named in 1966 intern at Fidelity Investments. Hired indefinitely in 1969, he was director of research at Fidelity from 1974 to 1977. In 1977 he became head of the Magellan Funds, with assets of 18 million dollars. In thirteen years, the funds had grown to over $14 billion and over 1,000 individual equity positions.
Lynch and co-author John Rothchild wrote three articles on investing. The books are; Learn one on Wall Street by beating the road and earning. Each of the three books plays an important role as Learn to Earn is written for investors of all ages, especially teenagers. One Up was for the theory while Beating the Street is mainly for the application. He has also written a series of investment articles for Worth Magazine.
One of his investment principles is “Invest in What You Know”, as it helps individual investors find the best undervalued stocks. He explains that he once invested in Drunkin ‘ Donuts after getting impressed with their coffee instead of reading about the company.
Awards
Lynch is one of the most successful men in the fund investing industry. During his tenure as manager of Fidelity Investment, he made his mark on the Magellan Fund as it had an average annual return of 29.2%. In 1992 he received the Seton Prize from the National Catholic Education Association. In 1992 he was inducted into the Junior Achievement US Business Hall of Fame.
Peter Lynch’s net worth, salary and earnings in 2021
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A major American investor, Peter has amassed an estimated net worth of 470 million dollars by 2021. In doing so, he has proven himself to be a generous philanthropist by the huge investments he makes. He made his fortune managing Fidelity Investments and its Lynch Foundation.
Some interesting facts you need to know
- His foundation donated $10 million to his former college, which he in turn called Lynch School of Education and Human Development college.
- He is a member of Harvard Medical School.
- His foundation was a major supporter of Partners in Health, AmeriCares and Teach for America.
Peter Lynch will remain an investment legend. He went on to serve as Vice President of Fidelity Investment. Also a part-time employee at Fidelity Management & Research Companies. He decided to use some of his time to inspire and train young analysts. Its foundation also makes a great contribution to society in terms of education, religion, cultural and historical organizations.
Peter Lynch is a US investor and manager, also known as a philanthropist. Under Lynch’s management, the Magellan Fund of Fidelity Investments reached its peak and became the world’s leading mutual fund company. Lynch’s tenacity and dedication made him big in the investment world, and after that, he became known as the “legend.”
You may know Peter Lynch very well, but do you know how old he is and how tall he is and what is his net worth in 2021? If you don’t know, we have put together this article on Peter Lynch short bio-wiki details, career, professional life, personal life, current net worth, age, height, weight and more facts. Well, if you’re ready, let’s get started.
Early life
Lynch was born on January 19, 1944 in the state of Newton, Massachusetts. When Lynch was just a 10-year-old boy, his father passed away from cancer. His mother supported the family after that incident. Lynch did her higher education at Boston College, where she studied history, philosophy, and psychology. As a sophomore there, he bought 100 shares of Flying Tiger Airlines at $8 a share, so he had to spend all his savings. These then increased by $80 per share.
After graduating from Boston College, he earned an MBA from the Wharton School of the University of Pennsylvania in 1968. He was a co-founder of the Lynch Foundation. He married Carolyn Ann Hoff and stayed with her until she died of leukemia in October 2015.
Age, height and weight
At birth on January 19, 1944, Peter Lynch is 77 years old as of today, August 9, 2021. He is 1.72 m tall and weighs 82 kg.
Career
Lynch took a break at his career when he was working as a caddy at the Brae Burn Country Club in Newton, Massachusetts. In 1966, he was hired at Fidelity as an intern. After three years, he became a permanent worker there; and by the end of the 20th century, he had risen to the position of Fidelity’s director of research. Lynch was appointed a director of the little-known Magellan Fund in 1977. During his time there, he managed to take the fund from about $18 million to more than $14 billion, with more than a thousand individual positions in the stock.
As of 2003, the Magellan Fund had the best performance in 20 years of any company. Lynch has written several books on the topic of investing, such as One Up on Wall Street and Learn to Earn. He gives great attention and importance to philanthropy and regards it as a result of investment. The Lynches donate as individuals, through their foundation and a Fidelity charitable giving fund, as well as through charitable trusts.
Awards and achievements
Peter Lynch managed to make his mark in the industry. of the investment fund. As a manager of the Magellan Fund at Fidelity Investments, Lynch achieved an average annual return of about 29.2%. He had considerable successes in various stocks, including Fannie Mae, Philip Morris, Ford, and several others. His investment in the First Night, the New Years Eve Festival that began in Boston, inspired similar ideas in more than 200 communities.
Net worth & Peter Lynch salary in 2021
As of August 2021, Peter Lynch is estimated to have a total net worth of $450 million. This generous American investor and philanthropist has a more outstanding net worth than most people in his line of work. He is a very active philanthropist; this is perceptible by the enormous investments that it makes. The Lynches donated $10 million to Peter Lynch’s alma mater, Boston College, and the Foundation under their name donated $8 million in 2013. Since its establishment, the foundation has earned $80 million in grants and is valued at $125 million.
Peter Lynch currently works part-time as Vice President of the Investment Advisory Wing at Fidelity Investments, Fidelity Management & Research Co. spends valuable time training and inspiring young analysts. Its foundation works for education, religious organizations, cultural and historical organizations; it also takes into consideration hospitals and medical research.
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echo $k;?> | Aliaune Damala Badara Akon Thiam | $90000000 | Akon is a Senegalese-American singer, rapper, songwriter, record producer, entrepreneur, philanth... Read more | |
echo $k;?> | Terence Thomas Kevin O’Leary | $450000000 | Terence Thomas Kevin O’Leary is a famous Canadian character. He is a businessman, writer, ... Read more | |
echo $k;?> | Kaley Christine Cuoco | $120000000 | Kaley Christine Cuoco is an American producer and actress. Since 2020 he has been the Executive ... Read more | |
echo $k;?> | Jac Collinsworth | $2000000 | Jac Collinsworth is a name popular in the sports industry, from America is . He currently ... Read more | |
echo $k;?> | Martha Helen Stewart | $450000000 | Martha Stewart is one of the few women in the world who has dared to venture into business and be... Read more | |
echo $k;?> | Matthew David McConaughey | $160000000 | Matthew McConaughey is an American Hollywood star who won the Academy Awards for outstanding acti... Read more | |
echo $k;?> | Quavious Keyate Marshall | $30000000 | Quavious Keyate Marshall, aka Quavo, was born on April 2, 1991 in Athens, Georgia, USA. Quavo is... Read more | |
echo $k;?> | Robert Arthur Kardashian | $12000000 | Rob Kardashian, the brother of the Kardashian clan, is an American TV personality. He is the onl... Read more | |
echo $k;?> | Scott Disick | $50000000 | Scott Disick is a well-known American TV personality. He gained immense popularity when he starr... Read more | |
echo $k;?> | Philip Alfred Mickelson | $450000000 | Although Philip Alfred Mickelson is a professional golfer, golf seems to have been on his nerves ... Read more | |
echo $k;?> | Gazzy Gracia | $10000000 | Lil Pump, real name Gazzy Gracia, is one of the young, successful and extremely popular rappers o... Read more | |
echo $k;?> | Nicolas Kim Coppola | $30000000 | Nicolas Cage is a well-known actor, producer and director in Hollywood. He is the lead actor in ... Read more | |
echo $k;?> | Zachary David Alexander Efron | $30000000 | Vinnie Paz is a source of inspiration for aspiring artists, musicians and especially rappers. Hi... Read more | |
echo $k;?> | Earvin Johnson, Jr. | $650000000 | Johnson is a retired professional basketball player. He is also a businessman. He is known for ... Read more | |
echo $k;?> | Keanu Charles Reeves | $400000000 | Keanu Charles Reeves is a famous Canadian actor. He began acting in theatrical productions and, ... Read more | |
echo $k;?> | Anthony Frank Hawk | $150000000 | Anthony Frank Hawk, known as Birdman, is a professional skateboarder, film producer and entrepre... Read more | |
echo $k;?> | $ | Simon Cowell is a famous TV personality, entrepreneur and record manager. He is best known as a j... Read more | ||
echo $k;?> | Rudolph William Louis Giuliani | $50000000 | Rudy Giuliani is an American politician and lawyer who was mayor of New York from 1997 to 2001 an... Read more | |
echo $k;?> | Angeline Jolie Voight | $150000000 | Angeline Jolie Voight is a well-known American actress, director and philanthropist. She began h... Read more | |
echo $k;?> | Parker Russell Schnabel | $10000000 | Parker Russell Schnabel is a well-known American gold digger and reality TV star. He was part of... Read more | |
echo $k;?> | Orenthal James O. J. Simpson | $4000000 | OJ Simpson, popularly known as Juice, is a very famous and successful former football player, act... Read more | |
echo $k;?> | Shia Saide LaBeouf | $30000000 | How many of you have seen the popular Disney Channel series “Even Stevens”? He is a ... Read more | |
echo $k;?> | Thomas Stanley Holland | $25000000 | Thomas Stanley Holland is a famous British actor who started his acting career in 2006. He gradu... Read more | |
echo $k;?> | Lawrence Gene David | $420000000 |
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