Mario Gabelli
Overview
- Source of Wealth
- Money management
- Industry
- Finance & Investments
- Residence
- Greenwich, Connecticut
- Education
- Columbia Business School (Master of Business Administration)Fordham University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 4
Assets
- Associated Capital Group Inc13,970,000 shares @ --ACGP-US
- GAMCO Investors Inc. (Cl A)14,299,000 shares @ --GAMI-US
- M-tron Industries189,704 shares @ --MPTI-US
- Teton Advisors229,000 shares @ --TETAA-US
- The LGL Group, Inc.1,117,600 shares @ --LGL-US
Biography
Mario Gabelli runs Gamco, a mutual fund and investment firm he founded in 1977.
Gabelli's reputation for stock-picking took off in the 1980s, when he found success betting on the media and telecom sectors.
A first-generation college student, Gabelli graduated from Fordham University's business school, now named for him, in 1965.
He is a big donor to higher education and a signatory of the Giving Pledge.
He also serves as executive chairman of Associated Capital Group, an investment management business that spun off from Gamco in 2015.
About
A life-long contrarian, even as a schoolboy Gabelli refused to hide with classmates during air raid drills.
Around age five, Gabelli set up a shoe-shine box at a Bronx subway station to make money. He bought his first stocks at 13 years old.