Howard Lutnick Net Worth

Howard Lutnick is an American businessman and philanthropist. He is the co-founder and CEO of Cantor Fitzgerald, a financial services firm based in New York City. Lutnick is also the chairman of BGC Partners, a publicly traded financial services company. According to Forbes, Lutnick's net worth is estimated to be $1.5 billion as of 2023.

Early Life and Career

Howard Lutnick was born in New York City in 1961. He graduated from Cornell University in 1983 with a degree in economics. After graduation, Lutnick worked as a financial analyst at Salomon Brothers. In 1989, he co-founded Cantor Fitzgerald with his friend and business partner, Jeffrey Cantor.

Cantor Fitzgerald

Cantor Fitzgerald is a global financial services firm that provides a wide range of services, including investment banking, capital markets, and foreign exchange. The firm is headquartered in New York City and has offices in over 20 countries. Cantor Fitzgerald is one of the largest financial services firms in the world.

BGC Partners

In 2004, Cantor Fitzgerald acquired BGC Partners, a brokerage firm that specializes in electronic trading. Lutnick became the CEO of BGC Partners and led the company through a period of significant growth. In 2008, BGC Partners went public, raising $888 million.

Philanthropy

Lutnick is a major philanthropist. He is the founder of the Cantor Fitzgerald Relief Fund, a charity that provides financial assistance to victims of terrorism and other disasters. Lutnick is also a supporter of education and healthcare. He is a trustee of the Cornell University Board of Trustees.

Honors and Awards

Lutnick has received numerous awards and honors for his work in the financial services industry. In 2001, he was named the Ernst & Young Entrepreneur of the Year. In 2004, he was inducted into the American Academy of Arts and Sciences.

Personal Life

Lutnick is married to Allison Koffman Lutnick. They have two children. Lutnick is a resident of New York City.

Howard Lutnick's Net Worth

Howard Lutnick has built a successful career in the financial services industry. He is the co-founder and CEO of Cantor Fitzgerald and the chairman of BGC Partners. Forbes estimates Lutnick's net worth to be $1.5 billion.

Conclusion

Howard Lutnick is a successful businessman and philanthropist. He is the co-founder and CEO of Cantor Fitzgerald and the chairman of BGC Partners. Lutnick's net worth is estimated to be $1.5 billion. He is a major philanthropist and supporter of education and healthcare.

Keywords

• Howard Lutnick
• Net worth
• Cantor Fitzgerald
• BGC Partners
• Financial services
• Philanthropy
• Education
• Healthcare

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