Tom Gayner set up an individual retirement account at age 14 when the law was passed creating IRAs, invested $750 from working in his father's liquor store, and has contributed consistently to it for 47 years, with that account now representing 10% of his net worth through compounding.
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Tom GaynerEvidence Quote
“When I was 14 years old, a law was passed that created individual retirement accounts, and at that point, I was working part-time from time to time in my father's liquor store, and I remember I made about $750 that year, and I put all of it in the IRA.”
Created: 8/12/2026, 10:19:48 PM
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