Howard Lutnick Net Worth Age Wife and Biography
Donald Trump, the US President-elect, is expected to name Howard Lutnick as the next Secretary of Commerce. Lutnick is the CEO of Wall Street firm Cantor Fitzgerald and has been a long-time supporter of Trump’s policies. He also served as co-chair of Trump’s transition team, helping to select key members of the administration.
Howard Lutnick has an estimated net worth of $2 billion.
Who is Howard Lutnick
Lutnick is a respected businessman with experience in trading and real estate. He became well-known for his leadership during the tragic events of 9/11, when his firm lost hundreds of employees, including his brother. He created a relief fund for affected families and remains active in supporting the 9/11 Memorial.
Why Lutnick is Favourite for Commerce Chief
Lutnick aligns with Trump’s vision of bringing manufacturing jobs back to the US. He also supports higher tariffs, a key part of Trump’s economic plan. Additionally, Lutnick is an advocate for the use of cryptocurrency, which could influence future trade and commerce policies.
Howard Lutnick Net Worth Age Spouse and Children
Howard Lutnick has an estimated net worth of $2 billion. He earned his wealth through his significant stake in Cantor Fitzgerald, owning about 60% of the company. Lutnick joined the firm in 1983 after graduating from college and became its CEO in 1991. His innovative leadership expanded the company globally and introduced cutting-edge trading platforms like eSpeed, revolutionizing bond trading.
Howard Lutnick Age
Howard Lutnick was born on July 14, 1961, making him 63 years old in 2024. Despite facing early life challenges, Lutnick rose to become one of the most influential figures in the financial world.
Howard Lutnick Spouse
Howard Lutnick is married to Allison Lambert, a private and supportive partner in his life. Together, they have built a strong family while also dedicating time to philanthropy and community service. Allison has largely stayed out of the public eye, focusing on family and charitable causes.
Children
Howard and Allison Lutnick have four children. The family maintains a private life, with Lutnick balancing his demanding career and personal responsibilities. His role as a father is deeply meaningful to him, especially after surviving the tragic events of 9/11 and losing close family members.
Legacy
Lutnick is widely respected for his leadership during the 9/11 attacks, which devastated Cantor Fitzgerald. He set up the Cantor Fitzgerald Relief Fund, donating over $100 million to the families of employees lost in the tragedy. This act of kindness has been a cornerstone of his legacy, showcasing his commitment to helping others.
