bill gross is a renowned bond investor who co founded the pacific investment management company pimco and is known as the bond king 
gross is the author of bill gross on investing everything you ve heard about investing is wrong and i m still standing early life and educationbill gross was born on april 13 1944 in middletown ohio he earned a bachelor s degree in psychology from duke university in 1966 and served in the united states navy during the vietnam war a risk taker bill gross spent his early career gambling and counting cards at poker tables before joining pacific mutual life in los angeles as an investment analyst in 1971 he founded his firm pacific investment management company pimco in newport beach california with friends jim muzzy and bill podlich 1pimcoknown as the bond king bill gross created the first investable market for fixed income securities accessible to all investors the company serves institutional investors high net worth individuals and individual investors with its account services and mutual funds bill gross is credited with aggressive bond investing and turning the quiet bond market into a destabilized game of high risk and reward before pimco bonds were rarely traded and only through paper documents historically the largest purchasers of bonds were insurers and pension funds but pimco initiated active trading in and out of positions and expanded into areas like junk bonds and emerging markets 2 managing assets of 1 74 trillion as of september 2023 pimco is the largest active fixed income fund management firm in the world 3in 2014 bill gross resigned from pimco during a period of internal management struggles he eventually sued and settled with pimco following his ousting notable accomplishmentsafter leaving pimco bill gross joined janus capital group until his retirement in 2019 4 gross reputation followed him and on the day his move to janus was publicly announced janus s share price climbed 43 representing a historical one day gain for the company 5bill gross is a renowned philatelist and is the benefactor of the william h gross stamp gallery at the smithsonian national postal museum 6 in 2005 he formed a complete collection of 19th century united states postage stamps 7 he auctioned a collection of british stamps in 2007 garnering proceeds of about 9 million all of which gross donated to doctors without borders 8in 2022 bill gross released his memoir i m still standing detailing his own american success story all proceeds from the book will be donated to charity through the william jeff and jennifer gross family foundation 