Catherine Duddy Wood is the founder, CEO, and CIO of Ark Invest, an investment management firm. Her flagship ARK Innovation exchange-traded fund (ETF) has received appreciation for its performance in 2017. She began her career at AllianceBernstein in 2001 as the chief investment officer of global theme strategies, a position she held for 12 years. After her idea for actively managing exchange-traded funds based on disruptive innovation was deemed too risky by Alliance Bernstein, she left the company and founded Ark of the Covenant.ARK’s first 4 ETFs were seeded with capital from Bill Hwang of Archegos Capital. She was chosen for the inaugural Forbes 50 Over 50 list in 2021, which includes entrepreneurs, leaders, scientists, and innovators over the age of 50.
Under Cathie Wood's leadership, ARK Investment Management has made several successful investments in Tesla, Zoom Video Communications, and Coinbase
Cathie Wood's net worth is $250 million to $300 million