Net Worth: $160 Million
- Source of Wealth Banking
- Birth Place New York City, USA
- Marital Status Married (Kathleen Fuld)
- Full Name Richard Severin Fuld, Jr.
- Nationality United States
- Date of Birth April 26, 1946
- Ethnicity Jewish
- Occupation Banker
- Education University of Colorado, New York University
- Children 3 (Jacqueline, Chrissie, Richie)
About Richard Fuld
American banker Richard Severin Fuld, Jr. has an estimated net worth of $160 million in 2012. He was the Lehman Brothers’ last chief executive officer and chairman until the company declared for Chapter 11 bankruptcy. Richard Fuld served the position from 1994 through 2008.
Born to Jewish parents in New York City, Richard Fuld is a graduate of the University of Colorado at Boulder and the Stern School of Business of New York University. For his almost 40 years of working for the Lehman Brothers, he has witnessed the progress of the company until its bankruptcy. He has seen the merging of the company to Kuhn, Loeb & Co, and the acquisition of American Express. Later on, it merged again with E.F. Hutton and had its ultimate spin off in 1994. Subsequently, it became Lehman Brothers. At some point of his career, he was considered as one of the “25 People to Blame for the Financial Crisis” 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.