Keith Gill, widely known by his online aliases “Roaring Kitty” and “DeepF***ingValue,” became a household name in 2020 after triggering the GameStop stock rally. His story captivated the financial world, and his role in the meme stock movement made him a symbol of the power of retail investors. Gill’s net worth has fluctuated based on the rise and fall of GameStop’s stock, but as of mid-2024, his financial portfolio includes millions of shares in the company, as well as a significant cash reserve. This blog will explore the key factors contributing to Keith Gill’s net worth, his rise to fame, and his ongoing investments.
Key Points:
- Keith Gill’s net worth is largely tied to his GameStop investment.
- His net worth peaked at around $47.9 million during the GameStop short squeeze.
- Gill’s financial influence continues to be felt, even years after his public appearances.
What Is Keith Gill’s Current Net Worth?
Keith Gill’s net worth is largely dependent on the value of his GameStop shares. As of June 2024, Gill’s portfolio included more than 9 million shares of GameStop, worth over $262 million. His financial position has been volatile, especially since much of his wealth is tied to GameStop’s stock price, which has had its ups and downs since the famous 2021 short squeeze. In addition to his GameStop holdings, Gill also has a cash reserve of about $6.3 million.
While GameStop stock surged dramatically in early 2021, the value has fluctuated. At its peak, his GameStop shares were worth as much as $47.9 million, and he also held substantial call options that added to his wealth. His investments in GameStop make up a significant portion of his net worth, but he also holds shares in other companies, like Chewy, which further contribute to his total assets.
Note: Keith Gill’s net worth is subject to change as GameStop’s stock price continues to fluctuate.
Note: Gill has been known to make strategic investments in other companies, further diversifying his portfolio.
How Did Keith Gill Become Famous?
Keith Gill’s rise to fame started with his YouTube channel, where he posted videos about stocks and trading strategies. His most notable influence came when he began posting about GameStop stock, claiming it was undervalued and had the potential for a short squeeze. These videos, along with his presence on Reddit, particularly the subreddit r/WallStreetBets, helped spark the massive rally in GameStop’s stock during late 2020 and early 2021.
Gill was already a financial analyst working at MassMutual before his viral rise. However, his investment strategy—betting big on GameStop—was a bold move that caught the attention of thousands of retail investors. His belief in the company’s undervaluation, combined with the high short interest in the stock, made GameStop a prime candidate for the short squeeze that sent its stock price soaring.
Reminder: Keith Gill’s impact on GameStop stock made him a key figure in the financial world, especially among retail investors.
What Did Keith Gill Make From the GameStop Squeeze?
At the height of the GameStop short squeeze in January 2021, Keith Gill’s net worth skyrocketed. At that point, he held 50,000 GameStop shares valued at around $17.4 million and had 500 call options worth around $16.8 million. In addition to these, he had approximately $13.8 million in cash, bringing his total net worth to around $47.9 million.
As GameStop’s price hit unprecedented highs, even briefly reaching $500 per share, Gill’s wealth surged. However, the stock eventually fell, and his net worth fluctuated accordingly. Despite this, Gill’s financial success from GameStop is still a major part of his wealth. His bet on GameStop paid off handsomely, and he was widely praised for his foresight and bold investment strategy.
Table 1: Keith Gill’s Net Worth Breakdown at the Peak of GameStop Squeeze
| Asset Type | Value at Peak (January 2021) |
| GameStop Shares (50,000) | $17.4 million |
| GameStop Call Options (500) | $16.8 million |
| Cash Reserves | $13.8 million |
| Total Net Worth | $47.9 million |
What Are Keith Gill’s Other Investments?
While Keith Gill is most famous for his GameStop holdings, his investment portfolio extends beyond just the video game retailer. In July 2024, it was revealed through a Securities and Exchange Commission (SEC) filing that Gill owns 9 million shares of Chewy, the pet product retailer founded by Ryan Cohen, who is also the CEO of GameStop. Gill’s stake in Chewy amounts to 6.6% of the company, further diversifying his portfolio.
Gill’s investments are strategic, and his stake in Chewy shows that he is not solely focused on GameStop. He supports CEO Ryan Cohen’s vision for transforming GameStop, but his investments in other companies signal a broader approach to financial growth.
Table 2: Keith Gill’s Investment Portfolio (As of June 2024)
| Investment Asset | Quantity | Estimated Value (June 2024) |
| GameStop Shares | 9 million shares | $262 million |
| Chewy Shares | 9 million shares | Not disclosed |
| Cash Reserves | $6.3 million | $6.3 million |
How Much Did Keith Gill Make From His GameStop Investment?
Keith Gill’s GameStop investment started with just $53,000 in 2019. By the time the stock surged in 2021, his position had grown exponentially. His total GameStop holdings were worth as much as $48 million at the height of the stock’s surge. While the price of GameStop shares has fluctuated, Gill’s decision to hold onto his shares has continued to pay off.
In addition to his GameStop shares, Gill also made substantial gains from his call options, which allowed him to leverage his position in the stock. His approach to investing, which combined traditional stock-picking with a bold belief in the potential of undervalued companies, helped him accumulate substantial wealth.
Conclusion
Keith Gill’s net worth is a testament to the power of retail investors and the meme stock phenomenon. His success with GameStop made him a symbol of financial independence and strategy, especially in a time when social media and online communities were able to influence market movements. As of mid-2024, his net worth continues to fluctuate with the value of his GameStop shares and his other investments, including Chewy.
Gill’s story serves as a reminder that individual investors can make a significant impact on the stock market, and it shows how social media has changed the way people think about investing. His financial journey is one of bold moves, strategic investments, and the ability to stay confident even when the odds are stacked against you.
FAQ’s
- How much is Keith Gill worth now?
As of June 2024, Keith Gill’s net worth is estimated to be around $268 million, largely due to his holdings in GameStop and other investments. - How did Keith Gill make his fortune?
Keith Gill made his fortune by investing early in GameStop, where he predicted the stock was undervalued. His viral posts on Reddit and YouTube helped spark a massive short squeeze, which boosted the stock price. - What other investments does Keith Gill have?
In addition to his GameStop holdings, Keith Gill owns a 6.6% stake in Chewy, a pet product retailer founded by GameStop CEO Ryan Cohen. - How did Keith Gill impact the GameStop stock rally?
Keith Gill played a key role in the GameStop short squeeze of 2021 by posting about the stock’s potential and encouraging retail investors to buy, which led to a massive surge in GameStop’s price. - What is Keith Gill’s investment strategy?
Keith Gill’s investment strategy involves identifying undervalued stocks with high short interest, as he did with GameStop, and using a combination of stock and options to leverage his positions.