Roger Altman Net Worth and More: A Comprehensive Look into the Life and Success of the Renowned Investment Banker
| Categories | Information |
|---|---|
| Net Worth | $400 million |
| Salary | N/A |
| Birthdate | April 1946 |
| Birthplace | Brookline, Massachusetts, United States |
| Gender | Male |
| Height | N/A |
| Profession | Investment Banker, Author |
| Nationality | American |
Highlights
Roger Altman is an American investment banker and author with a remarkable net worth of $400 million. He gained recognition for his extensive experience in the financial industry and his contributions in various government positions. Altman’s journey to success has been a testament to his exceptional skills and knowledge in economics and finance.
Early Life
Born in April 1946 in Brookline, Massachusetts, Roger Altman displayed his exceptional abilities from an early age. He pursued his education at Georgetown University and later earned a degree from the prestigious University of Chicago.
Career
Roger Altman’s career in the financial sector has spanned several decades, during which he achieved significant milestones and played influential roles in government positions. He served as the United States Deputy Secretary of the Treasury from January 1993 to August 1994 under President Bill Clinton. Additionally, Altman served as the Assistant Secretary of the Treasury during the Carter administration from 1977 to 1981.
Altman’s most notable achievement in the business world is the founding of Evercore, a renowned investment banking advisory firm. He holds the position of senior chairman at Evercore and has played a pivotal role in the company’s success. When Evercore went public in 2006, Altman’s 13% stake was valued at $90 million by the end of the first day of trading. Despite facing challenges, including the stock’s all-time low in January 2008, Altman’s stake is currently worth around $300 million.
Aside from his achievements in investment banking, Roger Altman has also made significant contributions as an author. He has authored notable pieces such as “The Great Crash, 2008: A Geopolitical Setback for the West,” “Obama’s Business Plan,” “American Profligacy and American Power: The Consequences of Fiscal Irresponsibility,” and “The Fall and Rise of the West: Why America and Europe Will Emerge Stronger From the Financial Crisis.”
Personal Life
While Roger Altman’s professional life has been widely documented, he maintains a relatively private personal life. Limited information is available about his personal relationships and family.
Net Worth Over Time
Roger Altman’s net worth has experienced fluctuations throughout his career, reflecting the dynamics of the financial market and his ventures. With a current net worth of $400 million, Altman has showcased his ability to adapt and thrive in various economic climates.
When Evercore went public in 2006, Altman’s stake in the company underwent substantial valuation. His 13% stake, initially worth $90 million, demonstrated a significant increase in value. However, during the financial crisis in January 2008, Altman’s shares faced a decline, diminishing their value to approximately $30 million. Despite these fluctuations, Altman’s knowledge and expertise have enabled him to maintain a substantial net worth and solidify his position as a respected figure in the financial industry.
Components of Net Worth
Roger Altman’s net worth primarily originates from his successful career as an investment banker and his founding of Evercore. His stake in the company contributes significantly to his overall net worth. Additionally, Altman’s income from authorship and related endeavors plays a part in augmenting his financial standing. Altman’s investments and other assets also contribute to his impressive net worth.
In conclusion, Roger Altman’s net worth of $400 million reflects his remarkable achievements in the financial sector as an investment banker and author. Throughout his career, he has exhibited exceptional skills and knowledge, enabling him to thrive in various roles and establish himself as an influential figure. Altman’s success story serves as an inspiration to aspiring professionals, and his contributions have left an indelible mark on the financial industry.
All net worths mentioned in this article are calculated using data from public sources. Though we strive to provide accurate information, these figures are estimates unless otherwise indicated. For corrections or feedback, please use the button below. We value your input and appreciate your help in ensuring the accuracy of our content.