Howard William Lutnick is a billionaire businessman, and Chairman and CEO of Cantor Fitzgerald and BCG Partners. Howard took over as CEO of Cantor Fitzgerald from Bernard Gerald Cantor.
Howard is known for his charitable contributions through the Cantor Fitzgerald Relief Fund, which supports families affected by natural disasters and terrorist attacks. This is because the company suffered damage in an attack that resulted in the loss of 658 employees, one of whom was his brother.
Quick Info
| Famous name: | Howard Lutnick |
| Real name/Full name: | Howard William Lutnick |
| Sex: | male |
| Year old: | 61 years old |
| Date of birth: | July 14, 1961 |
| Place of birth: | Jericho, Long Island, New York, USA |
| Nationality: | American |
| Height: | 1.76m |
| Weight: | 76kg |
| Sexual orientation: | Straight |
| Marital status: | Married |
| Spouse (Name): | Allison Lambert (1994) |
| Children/Children (Boys and Girls): | Yes (Brandon Lutnick, Kyle Lutnick, Ryan Lutnick, Casey Lutnick) |
| Dating/Girlfriend (Name): | do not apply |
| Is Howard Lutnick gay?: | ARE NOT |
| Job: | President & CEO of Cantor Fitzgerald, Chairman & CEO of BGC Partners |
| Wage: | 10 million USD |
| Net worth in 2023: | 2 billion USD |
Howard Lutnick’s Biography
Howard Lutnick was born to Solomon and Jane Lutnick, both professors of history at Queens University. He is the middle child in a family of three, with an older sister named Edie and a younger brother named Gary.
Howard lost both parents at an early age; His mother died of lymphoma in 1978, while he was in his senior year of high school, and his father died of colon and lung cancer the following year. He attended Haverford College in Haverford on a full scholarship from the principal and graduated in 1983 with a degree in Economics.
Howard Lutnick Age, Height, Weight
Howard Lutnick was born on July 14, 1961 and will be 61 years old as of April 2023. His height is 1.76 meters and weight is 76 kg.
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Career
Howard Lutnick began his career at Cantor Fitzgerald in 1983, shortly after graduating from college. While working at the company, he became close to the company’s founder, Bernard Cantor, who also served as his personal advisor.
He was appointed CEO and President of the company in 1991, and president in 1996. Lutnick made an important decision to take eSpeed public. At the time, eSpeed was a subsidiary of Cantor Fitzgerald. This is what kept the company alive after nearly three-quarters of its brokers were killed in the attack. Because eSpeed is an electronic trading subsidiary, it fortunately does not require publicly traded brokers.
When the company was split into two separate entities, each with different activities, Lutnick became head of the London Office. Cantor continues to manage the bond trading desks as well as the large stock trades. BGC, the newly established company, will engage in broker-driven trading. Cantor had to borrow $400 million to finance the start-up’s growth because the two companies operated independently. Lutnick oversaw the merger of BGC Partners and eSpeed in 2008, which was valued at $1.3 billion.
Howard Lutnick’s Net Worth in 2023
Howard Lutnick’s net worth is estimated at around US$2 billion as of April 2023. Howard Lutnick amassed his fortune while working at Cantor Fitzgerald, where he began his long career right away. after graduating from university. He rose through the corporate ranks until becoming CEO and President, succeeding founder Bernard Gerald Cantor.
Howard Lutnick’s success story is quite inspiring, even though he had a difficult childhood, losing his parents at a young age and having to fend for himself and his siblings. He did not let this determine his fate. He worked hard and is now one of the world’s billionaires; he didn’t let any obstacle bring him down; he even lost his brother in an attack at his workplace, but this prompted him to do charity and support the victims of the attacks. His net worth is increasing day by day and he may be richer than he is now in the future; The sky is the limit for him.
Howard Lutnick Wife, Marriage
Lutnick married Allison Lambert on December 10, 1994, and the couple has four children. His two sons, Brandon and Kyle, started preschool and kindergarten on the same September 11, 2001, the day of the attack that killed 658 of his company’s employees. He was late for work that day because he had to take his son to kindergarten.
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Categories: Biography