David Booth Net Worth

What is David Booth's Net Worth?

David G. Booth, an American investment manager and philanthropist, boasts a remarkable net worth of $5 billion. He is the co-founder and CEO of Dimensional Fund Advisors, an Austin, Texas-based firm managing over $500 billion in funds. Booth co-founded the advisory firm in 1981, revolutionizing the investment management industry with his innovative strategies.

Philanthropic Contributions

David Booth is renowned for his unprecedented donation to a business school, contributing $300 million to The University of Chicago, where he studied from 1969 to 1971. This generous gift led to the renaming of the university's business school to The University of Chicago Booth School of Business. He completed his undergraduate education at the University of Kansas.

Impact on the University of Kansas

In 2004, Booth further cemented his legacy by donating $9 million to construct the Booth Family Hall of Athletics at the University of Kansas. This Hall is an integral part of the school's Allen Fieldhouse.

Personal Life

David has been married to Suzanne Deal since 1998, and together they have two children. The couple gained widespread attention when they acquired the original rules of basketball, penned by the sport's founder James Naismith, for $4.3 million. These historic 13 rules, dating back 119 years, were generously donated to the University of Kansas, recognizing Naismith’s invaluable contribution to the basketball program and his tenure as the school's coach for nine seasons.