|Celebrated Name:||Howard Lutnick|
|Real Name/Full Name:||Howard William Lutnick|
|Age:||59 years old|
|Birth Date:||14 July 1961|
|Birth Place:||Jericho, Long Island, New York, U.S.|
|Wife/Spouse (Name):||Allison Lambert (m. 1994)|
|Children/Kids (Son and Daughter):||Yes (Brandon Lutnick, Kyle Lutnick, Ryan Lutnick, Casey Lutnick)|
|Is Howard Lutnick Gay?:||No|
|Profession:||Chairman & CEO of Cantor Fitzgerald, Chairman & CEO of BGC Partners|
|Net Worth in 2020:||$2 billion|
|Last Updated:||July 2020|
Howard William Lutnick is a billionaire businessman who is the Chairman and CEO OF Cantor Fitzgerald and also Chairman and CEO of BCG Partners. Howard succeeded Bernard Gerald Cantor as the CEO of Cantor Fitzgerald.
Howard is famous for his charitable contribution through the Cantor Fitzgerald Relief Fund, whose main aim is helping families of natural disasters and attacks. This came as a result of the loss that the company faced in an attack that leads to the loss of 658 employees among whom one was his brother.
Maybe you know about Howard Lutnick very well, but do you know how old and tall is he and what is his net worth in 2020? If you do not know, we have prepared this article about details of Howard Lutnick’s short biography-wiki, career, professional life, personal life, today’s net worth, age, height, weight, and more facts. Well, if you’re ready, let’s start.
Early Life & Biography
Howard Lutnick was born to Solomon Lutnick, who worked as a history professor at Queens College and Jane Lutnick. He was a middle child in a family of 3, and he had an older sister called Edie and a younger brother Gary.
Howard lost both of his parents at a young age, his mother died of lymphoma in 1978 when he was a senior in high school, and the following year, he lost his father to Colon and lung cancer. He attended Haverford College in Haverford on a full scholarship, which was offered by the dean and graduated with a degree in Economics in 1983.
Lutnick married Allison Lambert on 10 December 1994, and together they are blessed with four children. His two sons Brandon and Kyle’s first day of preschool and kindergarten felt on the same day, 11 September 2001, which was the day that the attack happened, claiming the lives of 658 employees from his company. He was late for work that day because he was dropping his son to kindergarten.
Age, Height, and Weight
Being born on 14 July 1961, Howard Lutnick is 59 years old as of today’s date 13th July 2020. His height is 1.76m tall, and his weight is 76 kg.
Howard Lutnick’s career started at Cantor Fitzgerald in 1983, immediately after graduating college. While working on the firm, he became very close to the founder of the firm Bernard Cantor who also was his personal mentor.
In 1991 he was promoted to CEO and President of the company, and in 1996, he became chairman. Lutnick made a big decision and took eSpeed to trade publicly, eSpeed was a subsidiary of Cantor Fitzgerald. This is what enabled the company to stay afloat when almost three-quarters of their brokers were killed in the attack. It was a good thing that eSpeed didn’t need brokers to Publicly trade because it was an electronic trading subsidiary.
Lutnick became the head of the London Office when a decision was made to split the company into two separate entities, each with different operations. Cantor continued handling bond trading desks and big stock trades. The newly formed company which was named BGC would take on broker-driven trading. The two companies operated independently, and Cantor had to borrow $400 million to fund the growth of the newly formed company. BGC Partners merged with eSpeed in 2008, at a deal which was valued at $1.3 billion, this was overseen by Lutnick.
Awards & Achievements
Howard Lutnick has a lot of achievements and has received a lot of awards in his career. These are some of the awards and honors he has received:
- Howard Lutnick was ranked as the fourth most important person in Commercial Real Estate Finance in 2013 by the Commercial observer.
- In 2013 he was awarded the Foundation Humanitarian Award.
- He was ranked #5 among the NJBIZ’s ‘Power 50 Real Estate’ in 2012.
- He received a Worldwide Orphans Foundations honoree in 2012.
- In 2011 he was awarded the Leadership Award by the New York Junior Tennis &Learning.
- He received a Manhattan Youth Baseball Honoree.
- He received the Starlight Children’s Foundation Honoree and others.
Net Worth & Salary of Howard Lutnick in 2020
As of July 2020, Howard Lutnick Net worth is estimated at approximately $2 billion. Howard Lutnick has gained his wealth through working in Cantor Fitzgerald, and this is where he started his long career immediately after College. He has climbed ranks in this company until currently, he is the CEO and chairman of the company, he succeeded the founder Bernard Gerald Cantor.
Howard Lutnick’s success story is quite inspirational, despite having a difficult childhood when he lost his parents at a young age, and together with his siblings, they had to fend for themselves. He did not let this define his destiny. He worked hard and now is among the billionaires of this world, he hasn’t let any setback bring him down at all, he even lost his brother in an attack at his workplace, but this even inspired him to become charitable and help victims of attacks. His net worth continues to increase by the day, and in the future, he might even be `richer than he is today, the sky is the limit for him.