David Booth: The Legacy of Impact
In recognition of the largest gift to any business school in the world, the school became Chicago Booth in 2008. With an unparalleled commitment to the institution, David Booth, ’71, serves as a lifetime member of the school’s business advisory council and on the Board of Trustees of the University of Chicago. David, a founder of Dimensional Fund Advisors in 1981, is the firm's chairman and co-chief executive officer. He currently serves on the Investment Company Institute's Board of Governors and is an active member of ICI's executive committee. MutualFundWire ranks him seventh in its list of the 100 Most Influential People in mutual funds, and in 2010, InvestmentNews named David one of "The Power 20" in the financial services industry.
A true pathbreaker, he was named on Forbes’s list of the 40 “Money Masters: The Most Powerful People in the Financial World,” and Institutional Investor honored him with the Manager Lifetime Achievement Award.
He has written numerous articles, including "Diversification Returns and Asset Management" with Eugene F. Fama, which won a Graham and Dodd Award of Excellence from the Financial Analysts Journal in 1992.
David is also a member of the board of trustees of the Museum of Modern Art in New York. In addition, he is on the board of overseers for the Becker Friedman Institute for Research in Economics.
David received his MBA from the University of Chicago in 1971. He holds an MS and a BA from the University of Kansas.