Early Life
Sue Gross, born Sue Frank in Phoenix, Arizona, in February 1950, grew up with two sisters. She earned an Associate in Arts/Science degree from Saddleback College in Orange County, California.
Rise to Success
Sue Gross's financial story is intertwined with her marriage to Bill Gross, the co-founder of PIMCO. The couple was married for 32 years, and their union led to the accumulation of wealth through Bill Gross's career in investment management. However, her rise to prominence, in the public eye, occurred after her divorce from Bill Gross in 2017. The divorce settlement granted her approximately $1.3 billion in assets. She later sold a Picasso painting for $35 million.
Key Business Strategies
After the divorce, Sue Gross shifted her focus to independent asset management and strategic investments. Gross has invested in real estate and acquired residential properties, including multiple homes in Orange County. She also focused on her philanthropic work through the Sue J. Gross Foundation, supporting education and healthcare initiatives.
Philanthropy
Sue Gross is highly involved in philanthropy. She established the Sue J. Gross Foundation in 2017 to support healthcare, education, and community programs. She has directed substantial funds towards healthcare and education, including over $70 million to UC Irvine. Notable donations include $20 million to fund comprehensive women's services at Hoag Hospital, which renamed its women's health care facility the Sue & Bill Gross Women's Pavilion, and $5 million to expand services at the Hoag Breast Center in Newport Beach.
