Age, Biography and Wiki
Carol Loomis was born on 25 June, 1929, is a journalist. Discover Carol Loomis's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is She in this year and how She spends money? Also learn how She earned most of networth at the age of 94 years old?
Popular As |
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Occupation |
Journalist and retired senior editor-at-large at Fortune |
Age |
95 years old |
Zodiac Sign |
Cancer |
Born |
25 June, 1929 |
Birthday |
25 June |
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We recommend you to check the complete list of Famous People born on 25 June.
She is a member of famous journalist with the age 95 years old group.
Carol Loomis Height, Weight & Measurements
At 95 years old, Carol Loomis height not available right now. We will update Carol Loomis's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Not Available |
Dating & Relationship status
She is currently single. She is not dating anyone. We don't have much information about She's past relationship and any previous engaged. According to our Database, She has no children.
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Carol Loomis Net Worth
Her net worth has been growing significantly in 2022-2023. So, how much is Carol Loomis worth at the age of 95 years old? Carol Loomis’s income source is mostly from being a successful journalist. She is from . We have estimated
Carol Loomis's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
journalist |
Carol Loomis Social Network
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Timeline
Loomis had the longest tenure of any employee in Fortune magazine's history, having joined the staff in 1954 as a research associate and retired on July 1, 2014.
She retired from Time/Fortune magazine in July 2014 after a tenure of over 60 years with the company.
In 1980, Loomis was one of six panelists at the presidential debates of Ronald Reagan and John B. Anderson.
In 1976, she was appointed to the Advisory Committee on Federal Consolidated Financial Statements.
Carol was met with sexism at the Economic Club of New York, after they called Fortune to send someone to cover their black tie dinner in 1970. They refused Carol's attendance as they "didn't allow women"; their director said he did not want "any frivolous little Smith girls looking for a free dinner and the chance to spend an evening with 1,200 men in black tie." She still went, and later sued them. It was a private club so she lost the case.
In 1966, she coined the term "hedge fund". for a hitherto little known strategy that took off as a result. That year Carol Loomis wrote an article called "The Jones Nobody Keeps Up With." Published in Fortune, Loomis' article lionized Jones and his approach. The article's opening line summarizes the results at A.W. Jones & Co.: "There are reasons to believe that the best professional money manager of investors' money these days is a quiet-spoken seldom photographed man named Alfred Winslow Jones."[14] Coining the term 'hedge fund' to describe Jones' fund, it pointed out that his hedge fund had outperformed the best mutual fund over the previous five years by 44 percent, despite its management-incentive fee. On a 10-year basis, Mr. Jones's hedge fund had beaten the top performer Dreyfus Fund by 87 percent. This led to a flurry of interest in hedge funds and within the next three years at least 130 hedge funds were started, including George Soros's Quantum Fund and Michael Steinhardt's Steinhardt Partners.[15]
Carol Junge Loomis attended Drury College, and graduated from the University of Missouri, with a Bachelor of Journalism degree in 1951.
Carol Junge Loomis (born June 25, 1929) is an American financial journalist, who retired in 2014 as senior editor-at-large at Fortune magazine.