DoubleLine Capital CEO Gets $10 Million Lesson in Risk Management

September 20, 2012 1:30 PM EDT
Jeffrey Gundlach, CEO of DoubleLine Capital, received a lesson in risk management recently when he was burglarized to the tune of $10 million.

According to authorities, last Friday thieves broke into his home in Santa Monica and made off with several collectible paintings and a 2010 red Porsche Carrera 4S. The loot included paintings by Impressionist Guy Rose and landscape artist Hanson Duvall Puthuff. Thieves also helped themselves to five luxury watch, a few bottles of fine wine, and a fist full of cash.

According to reports, the heist took place while Gundlach was on a trip. Reports have a $100,000 reward being offered for info that results in resolution of the case.


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