Skip to main content

Last Week In Moving On From Bill Gross

Pimco’s got a fresh start and Sue Gross a new house.
  • Author:
  • Updated:
Photo: Bob Riha Jr/Getty Images

Photo: Bob Riha Jr/Getty Images

There’s something about Janus Capital’s Bill Gross that tends to stick around long after he’s gone. Let’s call it his essence. It does not wash off easily. Just ask his old company, perhaps at a meeting in its new Bill Gross Room. At last, however, Pimco is beginning to put its founder behind it, to the extent that it can.

The Newport Beach, Calif.-based firm said fourth-quarter operating profit rose 10% to €546 million ($682.9 million)—the highest since the third quarter of 2014 when Mr. Gross left Pimco amid management tensions and heavy outflows from his flagship bond fund.

Pimco’s recent recovery is at least partly driven by the performance of Mr. Gross’s replacement, Dan Ivascyn, analysts say.

The company he founded isn’t alone in trying to move on from Bill Gross. His ex-wife, Sue, best known for her taste in martinis, is also looking for a fresh start. Now, she’s not looking very far: She just spent $20 million on a house in Beverly Hills designed by the same architect who dreamed up the house in Beverly Hills she shared with her ex-husband from 2011 through 2016.

On just over a half-acre, the roughly 6,700-square-foot home was designed by architect Hal Levitt and completed in 1970, said listing agent Josh Flagg of Rodeo Realty, Beverly Hills. He called the home, which was in original condition, “a magnificent time warp.”

It should be noted that the buyer of this time capsule of 1970 married Bill Gross in 1985.

Pimco Posts Best Quarterly Profit Since Bill Gross Left [WSJ]
Ex-Wife of Bill Gross To Pay $20 Million for Beverly Hills Home [WSJ]


Photo: Bob Riha Jr/Getty Images

Bill Gross’ Mustache May Be Coming Back

Billy G is back on the market, ladies.

Photo: Bob Riha Jr/Getty Images

Bill Gross’ Love Letters: A Dealbreaker Retrospective

Misty water-colored memories of the way they were.

Photo: Bob Riha Jr/Getty Images

Bill Gross Is Downsizing

The Bond King’s bachelor pad has no room for $10 million worth of stamps.

Photo: Bob Riha Jr/Getty Images

Divorcing Bill Gross Will Turn You Into A World-Class Art Forger And Master Thief

That sound you hear is Mo El-Erian slow clapping until his hands bleed.

Photo: Bob Riha Jr/Getty Images

Bill Gross Digging Hole That May Become His Grave

Behold, the first early obituary for the dethroned Bond King’s career.


Famed Bad Breakup Artist Bill Gross Is [Allegedly] Painting His Disgusting Masterpiece

The Gross divorce turned literally gross [we hate ourselves for this.]

I'm sorry but I just don't recognize him. Source: Getty Images

Bill Gross' Current Boss Can't Believe Anyone Is Paying Bill Gross For Investment Advice These Days

Janus CEO Richard Weil is talking like he used to be married to Bill Gross.