#32 William H. Gross
Chief Investment Officer
Pacific Investment Management Company
U.S.
Age: 65
World's most powerful call him for advice. Buffett sings his praises. Fixed-income pioneer one of first to trade bonds for profit. Spared clients from subprime mortgage crisis. Consigliore to treasury now poised to make killing in recovery. Personally manages PIMCO's Total Return fund, with $190 billion in assets. Fund reaped $1.7 billion the day of Fannie/Freddie bailout alone. Believes troubled banks are too numerous for government to nationalize all of them: "The U.S. isn't Sweden, and not just because our blondes aren't au naturel."
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