Keith Gill Net Worth, Wife, Gamestop & Life Story

Childhood & Early Life

Steven and Elaine Gill gave birth to Keith Gill on June 8, 1986, and he grew up in Brockton, Massachusetts. He had a brother and a sister, the latter of whom passed away suddenly in 2020.

In 2009, he earned a business degree from Stonehill College and set multiple school records in the track and field department.

The US Track & Field and Cross Country Coaches Association named Gill the indoor athlete of the year in 2008 after he set a personal best time of 4:03 in the mile that year and won the 1,000-meter race at the New England Championships with a pace of 2:24.73. In 2016, he wed Caroline, with whom he has a child.

Gill used to be included in the CFAI member database, however she no longer holds her Chartered Financial Analyst (CFA) charter. Since July 2012, he has had a securities broker license and been registered with the Financial Industry Regulatory Authority (FINRA), with no regulatory breaches recorded.

Gill’s final day of employment with MassMutual was January 28, and as of February 26, 2021, he was no longer registered as a financial broker. According to a FINRA representative, “a person’s registration is terminated when he or she is no longer employed by a registered firm.”

He developed software to assist investors in stock analysis while working for a family friend at a start-up in New Hampshire between 2010 and 2014. His employment at LexShares ended in March 2017.

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Career

Under the username “u/DeepFuckingValue,” Gill shared a screenshot of a trade involving a roughly $53,000 long position in GameStop on the subreddit r/wallstreetbets in September 2019. Gill used both fundamental and technical analysis in his Reddit posts and YouTube videos to argue that the stock was cheap.

500 call options and 50,000 shares made up the position. He stated that his point of view did not amount to financial advice in a YouTube video, adding, “I don’t provide personal investment advice or stock recommendations during the stream.”

His reasoning nevertheless “helped attract a flood of retail cash into GameStop.” Hundreds of thousands of users downloaded investing applications like Robinhood to “join the action” during the early days of the value increase in late January 2021.

Subsequent investment in the stock (and other “meme stocks” such as AMC, BlackBerry, and Nokia) would result in controversy.

The 2021 GameStop short squeeze would result in several hedge funds and other institutional investors experiencing significant financial difficulty, as well as many retail investors (and other institutional investors) seeing significant gains.

By January 27, according to screenshots he posted on Reddit, Gill’s original investment was worth nearly $50million. However, the value of the stock continued to fluctuate wildly; he lost $15 million in one day, and when markets closed on January 29, The Wall Street Journal confirmed that his brokerage accounts held $33 million.

In an interview with The Wall Street Journal, Gill said he “wasn’t a rabble-rouser out to take on the establishment, just someone who believes investors can find value in unloved stocks.”

After a two-week break from posting regular updates on his position, Gill posted a new screenshot to r/wallstreetbets on February 19, 2021, showing that he had doubled the number of shares of GameStop he held (raising the total to 100,000).

On April 16, 2021, he exercised all of his 500 call options with a strike price of $12, which were to expire that same day, and purchased an additional 50,000 shares, increasing his ownership to 200,000 GameStop shares.

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Major Work/Filmography

In September 2022, Netflix released “Eat the Rich: The GameStop Saga,” a docuseries that spotlighted the David vs. Goliath nature of Gill and his fellow retail traders (everyday people who trade stocks) going against giant hedge funds that had shorted GameStop.
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That has now been followed up by “Dumb Money,” released in September 2023 by Sony Pictures. The movie follows Gill’s journey from the time he first purchases GameStop stock to when the stock peaks and the hedge funds crash.

Awards & Achievements

Gill joined Twitter (now X) in 2014 using the handle RoaringKitty, where he shared his method for “hunting stocks and pouncing on investment opportunities,” per his Twitter/X bio. He noted his insights were “for educational purposes only.”

Gill began posting on YouTube in 2015 using the same handle (RoaringKitty), where he posted videos and livestreams sharing his “daily routine of tracking stocks and performing investment research,” again for educational purposes only.

Gill also joined Reddit in 2019 under the DFV handle, and he routinely posted in the WallStreetBets community.

He used these social networks to share his thoughts on GameStop stock, saying he thought it was undervalued. In 2019, he purchased $53,000 worth of stock, and as he continued posting about the stock, others joined him, leading to a rapid rise in the stock’s price.

When GameStop’s stock price peaked at $483 per share in January 2021, Gill’s investment was valued at nearly $48 million. At that time, Gill resigned from MassMutual. Gill’s identity was revealed shortly thereafter by Reuters, who identified Gill using public records for a short-lived company that Gill had named Roaring Kitty.

Those records showed the same name and email as his YouTube account. On the same day, the Daily Mail also used public records to identify Gill as the man behind the Roaring Kitty and DFV accounts.

Keith Gill Net Worth

The rising stock value allowed Gill to turn a US $53,000 investment into one worth close to $50 million. Gill’s posts were described as “forthright, spreadsheet-laden content”.

Controversy

On February 4, 2021, it was announced that William Galvin, the Massachusetts Secretary of the Commonwealth, wrote to Gill’s previous employer MassMutual to investigate whether or not Gill or the company broke any rules related to his activities in promoting the GameStop stock.

A week earlier, Galvin had called for a 30-day suspension of trading in GameStop securities and insisted that the share price was “irrational“. Gill testified to the House Financial Services Committee on February 18, 2021, saying: “I did not solicit anyone to buy or sell the stock for my own profit”, and “I like the stock.”

In September 2021, MassMutual was fined $4 million by Massachusetts regulators for failing to supervise Gill’s trading and online activity. The consent order entered by Secretary Galvin’s office against MassMutual alleged that Gill had executed approximately 1,700 trades on behalf of three other individuals, and appeared to suggest that Gill had engaged in manipulation of GameStop’s share price.

However, an attorney for Gill said that those trades were executed for “three family members” and that “less than 5 percent of the trades in those accounts were in GME“—raising speculation that Secretary Galvin’s office had selectively omitted detail of Gill’s conduct to fit a narrative consistent with the statements he had made in January.

In October 2021, the Securities and Exchange Commission released a 45-page report that acknowledged that “People may disagree about the prospects of GameStop and the other meme stocks” and did not indicate that any market manipulation had occurred.

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