American banker Richard Severin Fuld, Jr. has an estimated net worth of $160 million. He was the Lehman Brothers’ last chief executive officer and chairman before the company declared for Chapter 11 bankruptcy. Richard Fuld served the position from 1994 through 2008.
Richard Fuld Net Worth $160 Million
Born to Jewish parents in NYC, Richard Fuld is a graduation of the University of Colorado at Boulder and the Stern School of Business of New York University. For his nearly 40 years of working for the Lehman Brothers, he’s witnessed the progress of the institution until its bankruptcy. Richard has viewed the merging of the company to Kuhn, Loeb & Co, as well as the acquisition of American Express. Later on, it merged again with E.F. Hutton and had its greatest spin off in 1994. Afterwards, it became Lehman Brothers. At some stage of his career, he was considered among the”25 People to Blame for the Financial Disaster” by TIME magazine.
Richard Severin Fuld, Jr. was born on April 26, 1946. He is currently married to Kathleen Ann Bailey. He has three children named Jacqueline, Chrissie, and Richie.