Bill Miller, the value investor known for once beating the market for 15 years in a row, is also well recognized as an early investor in bitcoin and Amazon . Miller made his name by running the Legg Mason Capital Management Value Trust, which beat the S & P 500 every year from 1991 to 2005. He left Legg Mason to found Miller Value Partners in 2012 after the fund suffered steep losses and an exodus of assets during the financial crisis. He also redefined old-school value investing principles.
For his personal wealth, Miller previously revealed that bitcoin actually made him even more money than Amazon. He started buying bitcoin around $200 to $300, and now the digital coin is worth more than $29,000 apiece. He briefly entered the billionaire club when bitcoin hit its peak around $69,000 in 2021. At Miller Value Partners, his flagship Miller Opportunity Trust , which has about $1.4 billion in assets under management, rallied 31.