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Indian-born American banker and business executive, Vikram Shankar Pandit has an estimated net worth of $120 million.
He is widely known as the CEO of Citigroup, a position he has held since Dec 2007. He began his career with Morgan Stanley as an associate in 1983. After Citigroup’s shares dropped drastically, he asked the board to pay him $1 per year until the company’s value rose again. He has a Bachelor in Science degree in electrical engineering, a Masteral degree in Electrical Engineering as well as an M.B.A and Ph.D. in Finance from Columbia Business School. Pandit lives in an apartment on the Upper West Side of New York City. He is married and has two children.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2018 |
Asset |
Investment of former Citigroup CEO Vikram Pandit, Govt of Singapore Investment Corp (GIC), and promoters of JM Financial Services in JM Financial Credit Solution |
$126,890,000 |
|
2013 |
Asset |
Purchase value of Vikram Pandit's 50% stake in the non-banking finance company of JM Financial and 3% stake in the parent company JM Financial |
$110,000,000 |
|
2012 |
Asset |
Current value of Vikram Pandit's 0.2% ownership or stocks in Citigroup |
$20,500,000 |
|
2012 |
Earnings |
Total compensation as the CEO of Citigroup for the year 2012 |
$7,720,000 |
|
2012 |
Salary |
Base salary as the CEO of Citigroup for the year 2012 |
$6,700,000 |
|
2012 |
Earnings |
Total amount of compensation and awards Vikram Pandit received as the CEO of Citigroup over the past five years |
$221,500,000 |
|
2011 |
Misc. |
Retention award given to Vikram Pandit as the CEO of Citigroup for the year 2011 |
$23,300,000 |
|
2011 |
Salary |
Base salary as the CEO of Citigroup for the year 2011 |
$1,750,000 |
|
2009 |
Others |
Other compensation as the CEO of Citigroup for the year 2009 |
$3,750 |
|
2009 |
Salary |
Base salary as the CEO of Citigroup for the year 2009 |
$125,000 |
|
2008 |
Asset |
Stocks and options granted as the CEO of Citigroup for the year 2008 |
$37,260,000 |
|
2008 |
Salary |
Base salary as the CEO of Citigroup for the year 2008 |
$958,330 |
|
2007 |
Asset |
Stocks granted as the CEO of Citigroup for the year 2007 |
$2,910,000 |
|
2007 |
Salary |
Base salary as the CEO of Citigroup for the year 2007 |
$250,000 |
|
2007 |
Sale of Asset |
Sale of Vikram Pandit's hedge fund to Citigroup |
$165,000,000 |