Early Life
Kenneth Fisher was born in San Francisco, California, on November 29, 1950. He is the son of Philip A. Fisher, a well-known stock investor and author of "Common Stocks and Uncommon Profits." Fisher grew up in San Mateo, California. He showed an early interest in entrepreneurship, working various jobs as a young teen. Fisher dropped out of high school, and later attended Humboldt State University, where he earned an associate degree in economics in 1972.
Rise to Success
Fisher founded Fisher Investments in 1979 with only $250. He served as CEO until 2016 and now holds the position of Executive Chairman and Co-Chief Investment Officer. Fisher Investments has grown into a global firm managing over $275 billion in assets as of June 2024. Fisher pioneered the price-to-sales ratio as a stock valuation tool.
Key Business Strategies
Fisher Investments has three main business units: Fisher Investments Institutional Group, Fisher Investments Private Client Group, and Fisher Investments Private Client Group International. Ken Fisher is known for his unique investment approach and market insights, which he has shared through his columns, books, and media appearances. He expanded the company globally, with offices in the U.K., Germany, and other countries. In June 2024, it was announced that a minority stake in Fisher Investments was sold for at least $2.5 billion.
Philanthropy
Ken Fisher and his wife have supported scientific initiatives, including the Kenneth L. Fisher Chair in Redwood Forest Ecology at Humboldt State and the Sherrilyn and Ken Fisher Center for Environmental Infectious Diseases at Johns Hopkins University. He has also contributed to community-based initiatives related to first responders, early learning, and reading programs.
