Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says – Markets Insider

Cathie Wood’s Ark Invest has reportedly lost $14 billion in wealth over the past decade, according to Morningstar. The investment firm, known for its innovative strategies and high-risk investments, has faced significant challenges that have resulted in a significant loss of wealth for its clients. Despite its initial success and popularity in the market, Ark Invest’s performance has not been able to sustain over the years, leading to a substantial decrease in wealth for investors. Morningstar’s analysis sheds light on the struggles faced by Ark Invest and serves as a cautionary tale for those considering investing in high-risk funds.

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