Roaring Kitty, the Investor Behind the GameStop Surge, Has Some Major Wealth
Keith Gill, aka Roaring Kitty, was a millionaire when he disappeared from public view three years ago after GameStop stock surged.
Published May 14 2024, 9:56 a.m. ET
The incredible surge in GameStop's stock valuation was such a major news story that it spawned an entire feature film. While that surge can't be attributed entirely to just one man, Keith Gill, who posts online under the alias Roaring Kitty, certainly had a lot to do with it. He encouraged others to buy the stock and then to hold their positions in it.
After Keith's profile became almost shockingly large, he stopped posting online in 2021. Now, three years later, Roaring Kitty is back and his return saw a surge in GameStop's stock price. Now, many are wondering what his overall net worth is.
What is Roaring Kitty's net worth?
We don't know exactly what Keith's net worth is, but when he disappeared in 2021, he had amassed a substantial fortune through retail investing.
He was holding roughly 200,000 shares of GME stock in April 2021, which thanks to a split in the stock, would now be 800,000 shares. In 2021, those shares would have been worth $34 million, while today they would be worth roughly $24 million.
Keith Gill aka Roaring Kitty
Retail Investor
Net worth: $24 Million
Keith Gill is a financial analyst and retail investor best known for his posts on the subreddit WallStreetBets and on his various social media channels. He became well known for his central role in the booming GameStop share price of 2020 and 2021 before he disappeared from social media in 2021.
Birthdate: June 8. 1986
Birthplace: Modesto, Calif.
Birth Name: Keith Patrick Gill
Father: Steve Gill
Mother: Elaine Gill
Keith was famous for retaining his position in GameStop stock, even as the stock price reached its all-time high. Now, three years later, it isn't clear what Keith's position is regarding the stock. Keith's various social media posts don't make his position clear, but it seems like he's calling for another reckoning similar to the one that occurred back in 2021.
What happened to Roaring Kitty?
Roaring Kitty's return led some to wonder why he disappeared in the first place. While he didn't explain his decision to leave social media, at the time, most people speculated that Keith's profile had simply grown too large following the GameStop short squeeze. For his mental health and his family's health, it made sense for him to take some time away from social media.
Roaring Kitty's return has sent the stock market into a frenzy.
As strange as it may seem that one guy in Massachusetts can have such a colossal impact on the U.S. stock market, following a series of posts that Roaring Kitty dropped on social media on May 13, 2024, prices for GameStop and AMC stocks soared.
Part of Roaring Kitty's power is that he doesn't just make people believe they can get rich, he makes them believe they can screw over Wall Street professionals who take advantage of retail investors.
It's that crusade that gives Roaring Kitty his power, and it's the reason so many people were excited by his return.
