Billionaire investment guru Bill Gross apologizes for being `too rich`

Melbourne – Renowned founder of Pacific Investment Management Company, Bill Gross, is apparently feeling sorry for the fact that he is too wealthy.

To show his resentment over the tremendous wealth he has amassed, 69-year-old Gross, who is worth roughly 2.2 billion dollars, has released a public apology on his website, News.com.au reported.

Having gotten rich at the expense of labour, the guilt sets in and he begins to feel sorry for the less well-off, Gross wrote.

Gross stands on the 55th position on the Forbes most powerful list and is considered as one of the biggest players in the global bond market, with around 1 trillion dollars under investment.