Rich Man Hard To Work With: The Jeffrey Gundlach Story
Fortune lays out the wild story, which has been hot out in Los Angeles recently, of bond fund manager Jeffrey Gundlach, who made a huge fortune but was something of a annoying person! This happens frequently. He was fired back in November, from TCW, the LA-based, Société Générale-owned money management company, where he oversaw the majority of the firm’s money: $70 billion. He was so disliked that 45 of the 60 people who worked for him followed him to a new firm. Lawsuits followed, imaginably! The best part is that when he quit, he walked down 17 flights of stairs, followed by his bosses. That’s Los Angeles drama: actual use of stairs. But times are still tough for Gundlach. While setting up his new firm? “He showed up at meetings in January with a black eye and cuts on his face, which he says came from tripping and colliding with his desk at home. On Feb. 1, his wife of more than 20 years, Nancy, filed for divorce.” Oh dear.