Howard Lutnick is a billionaire businessman who is also the Chairman and CEO of Cantor Fitzgerald and BCG Partners.
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Wiki, Bio, Family, Siblings, Childhood & Education
Howard Lutnick was born to Solomon and Jane Lutnick, both history professors at Queens College. He was the middle child in a family of three, with an older sister named Edie and a younger brother named Gary.
Howard lost both of his parents at a young age; his mother died of lymphoma in 1978, a senior in high school, and his father died of colon and lung cancer the following year. He attended Haverford College in Haverford on a full scholarship provided by the dean and graduated in 1983 with a degree in Economics.
Howard Lutnick’s Age, Height, Weight, and Body Dimensions
Howard Lutnick was born on July 14, 1961, and will be 61 years old on August 2, 2022. His height is 1.76 meters, and his weight is 76 kilograms.
Howard Lutnick’s Profession & Career
He began his career at Cantor Fitzgerald in 1983, shortly after graduating from college. While working on the firm, he became close to the firm’s founder, Bernard Cantor, who also served as his mentor.
He was appointed CEO and President of the company in 1991 and chairman in 1996. Lutnick made a big decision when he took eSpeed public. At the time, eSpeed was a subsidiary of Cantor Fitzgerald. This allowed the company to survive after nearly three-quarters of its brokers were killed in the attack. Because eSpeed was an electronic trading subsidiary, it was fortunate that it did not require brokers to trade publicly.
When the company was split into two separate entities, each with different operations, Lutnick became the head of the London Office. Cantor continued to manage bond trading desks as well as large stock trades. BGC, the newly formed company, would engage in broker-driven trading. Cantor had to borrow $400 million to fund the growth of the newly formed company because the two companies operated independently. Lutnick oversaw the merger of BGC Partners and eSpeed in 2008, valued at $1.3 billion.
Howard Lutnick’s Wife, Marriage & Relationship
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 day, September 11, 2001, the day of the attack that killed 658 of his company’s employees. He arrived late for work that day because he had to drop his son off at kindergarten.
Howard Lutnick’s Salary and Net Worth
His net worth is estimated at around $2 billion as of August 2022. Howard Lutnick amassed his fortune while working at Cantor Fitzgerald, where he began his long career immediately after college. He rose through the ranks of the company until he became CEO and Chairman, succeeding the founder Bernard Gerald Cantor.
Quick Facts
Celebrated Name | Howard Lutnick |
Real Name | Howard William Lutnick |
Gender | Male |
Age | 61 years old |
Birth Date | 14 July 1961 |
Birth Place | Jericho, Long Island, New York, U.S. |
Nationality | American |
Height | 1.76m |
Weight | 76kg |
Sexual Orientation | Straight |
Marital Status | Married |
Wife | Allison Lambert (m. 1994) |
Children | Yes (Brandon Lutnick, Kyle Lutnick, Ryan Lutnick, Casey Lutnick) |
Dating | N/A |
Profession | Chairman & CEO of Cantor Fitzgerald, Chairman & CEO of BGC Partners |
Salary | $10 million |
Net Worth | $2 billion |
Brands | N/A |
Hobbies | N/A |