Net Worth: $1.1 Billion
- Source of Wealth Finance
- Birth Place United States of America
- Marital Status Divorced
- Full Name Thomas H. Bailey
- Nationality United States
- Ethnicity Caucasian
- Occupation Businessman
- Education Michigan State University, University of Western Ontario
- Children 2
About Thomas Bailey
American businessman and financier Thomas Bailey has an estimated net worth of $1.1 billion as of June 2016 according to Forbes. He is known to be the founder of Janus Capital Group. Currently based in Denver, Janus Capital Group is one of the U.S.’ largest mutual fund institutions.
After attending Michigan State University, Thomas Bailey went to the University of Western Ontario Ivey School of Business to complete his Masters of Business Administration. Based in Aspen Colorado, Thomas Bailey is currently divorced with two children.
In the 1980’s and 1990’s, Janus Capital Group was earning substantial returns but in 2000, it started incurring huge amount of losses. In 2002, he stepped down as the firm’s CEO and in 2004, he resigned as the company’s Chairman. He has also started selling his stakes in the company.