---
title: See Why Bill Gross's Departure is Such a Big Deal
description: Bond guru Bill Gross is leaving Pimco, which he co-founded in 1971 and where he has managed the world's largest bond mutual fund.
authors:
  - name: George Mannes
    url: https://money.com/author/george-mannes/
    at_money_since: 2009
    articles: 10
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  - name: Jason Sanchez
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    covers:
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      - Career Advice
      - Housing
      - Lifestyle
    social:
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    former_staff: true
  - name: Turner Cowles
    url: https://money.com/author/turner-cowles/
    at_money_since: 2014
    articles: 24
    covers:
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      - Career Advice
      - Economy and Politics
      - Education
      - Housing
      - Lifestyle
      - Mortgages
      - Personal Finance
      - Retirement
      - Technology
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published: '2014-09-26T21:13:50.000Z'
modified: '2014-09-26T21:13:50.000Z'
section: Investing
tags:
  - Bill Gross
  - bill gross joining janus capital
  - bill gross leaving pimco
  - bonds
  - Janus Capital
  - Market News
  - Pacific Investment Management
  - pimco
  - William Gross
word_count: 1
canonical: https://money.com/bill-gross-pimco-big-deal/
type: Article
source: structured-blocks
---

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![Bill Gross.Still002](https://img.money.com/2014/09/bill-gross-still002.jpg?crop=0px%2C0px%2C1920px%2C1080px&quality=85)

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