Many fans are curious about Jesse Livermore's financial success in April 2026. Our team analyzed the latest data to provide a clear picture of their income.

What was Jesse Livermore's Net Worth?

Jesse Livermore helped pioneer day trading and financial technical analysis. He engaged in lucrative market manipulation before the advent of the SEC. Some of his trades remain legendary, such as the short positions he took ahead of the 1906 San Francisco earthquake and the 1929 Wall Street Crash.

Jesse Livermore was born on July 26, 1877, in Shrewsbury, Massachusetts, into an impoverished family. He mostly grew up in Acton. When Livermore was 14, his father pulled him out of school to help on the farm; however, with the blessing of his mother, he ran away from home instead.

Livermore went bankrupt for the first time in 1908 when he heeded the advice of cotton trader Teddy Price to buy cotton, which Price was secretly selling. Ultimately, he was able to recover all of his losses. Livermore would file for bankruptcy again in 1915. However, a couple of years later, he covertly cornered the market in cotton. This was eventually discovered by President Woodrow Wilson, who agreed to have Livermore sell back the cotton at break-even. Livermore engaged in more chicanery in the mid-1920s when he manipulated the market to make $10 million trading wheat and corn in a battle with Arthur W. Cutten. Additionally, he orchestrated a short squeeze on the stock of Piggly Wiggly.

First Bankruptcies and Rebound

Adult film starBrandi Loveis Jesse's great-granddaughter. Brandi's birth name is Tracey Lynn Livermore. Her father's name is Jessie Livermore III.

Having run away from home at the age of 14, Livermore got a job as a board boy posting stock quotes at a Boston branch of the stock brokerage firm PaineWebber. A couple of years later, he began trading at the bucket shops in Boston, where he was nicknamed "The Boy Plunger." Not long after that, Livermore quit his job at PaineWebber and started trading full-time. From 1895 to 1897, he amassed $10,000 in trading profits. Due to his consistent winning, he was banned from most of the bucket shops in the Boston area. The last bucket shop to still accommodate him was Haight & Freese, where he traded from 1898 to 1900. After that, Livermore moved to New York City and continued his successful trading. At Harris, Hutton & Company, he turned $10,000 into $50,000 in just five days. However, after going short on a trade in 1901 and losing his entire stake, he moved to St. Louis and went back to betting at bucket shops.

Jesse Livermore was an American stock trader who had a peak net worth of $100 million in 1929. That's the same as around $2 billion in today's dollars. Most impressively, he earned that fortune trading his own money. He did not manage another person's wealth and did not work for a large firm. Although he was, for a time, among therichest people in the world, Livermore had liabilities greater than his assets when he died by suicide in 1940.

Livermore had his first major trading win in 1901 when he purchased Northern Pacific Railway stock and turned $10,000 into $500,000. One of his most legendary trades came in 1906 when, while vacationing in Palm Beach, Florida, he took a huge short position in Union Pacific Railroad just one day before the 1906 San Francisco earthquake. This resulted in a $250,000 profit. Livermore continued taking massive short positions during the Panic of 1907, earning him $1 million in a single day. After he stopped short-selling at the request of his mentor,J. P. Morgan, Livermore profited from the subsequent economic rebound. With his extraordinary wealth, he made lavish purchases, including a railcar, a $200,000 yacht, and an apartment on the Upper West Side. Livermore also joined exclusive clubs and had a number of mistresses.

In summary, the total wealth of Jesse Livermore reflects strategic moves.

Disclaimer: All net worth figures are estimates based on public data.