Roger Altman stands as a prominent figure in the world of investment banking, making significant contributions to the financial sector and public service. Born in Brookline, Massachusetts, in April 1946, his journey has been marked by influential roles and impressive accomplishments. As a former Deputy Secretary of the Treasury under President Bill Clinton, Altman’s expertise in finance and economics has shaped the policies of the United States during a pivotal time in history.
His academic background is equally remarkable, with degrees from esteemed institutions such as Georgetown University and the University of Chicago. Altman founded Evercore, a leading investment banking firm, where he currently serves as senior chairman. His career is characterized by a blend of private sector success and public service, reflecting his dedication to both the economy and the nation.
In addition to his corporate achievements, Altman has been an influential voice in economic discourse, authoring several notable publications that discuss fiscal responsibility and the geopolitical landscape. His career highlights the intricate relationship between finance and politics, providing valuable insights for aspiring business leaders and policymakers alike.
Biography of Roger Altman
| Category | Details |
|---|---|
| Net Worth | $400 Million |
| Birthdate | April 2, 1946 (78 years old) |
| Birthplace | Brookline, Massachusetts, U.S. |
What is Roger Altman's Net Worth?
Roger Altman is an American investment banker who has a net worth of $400 million. He served as the United States Deputy Secretary of the Treasury under President Bill Clinton from January 1993 to August 1994. Altman is a Democrat who graduated from Georgetown University and the University of Chicago. He is the founder of Evercore and also serves as the senior chairman. Altman was the Assistant Secretary of the Treasury during the Carter administration from 1977 to 1981. He resigned from his post as Deputy Secretary of the Treasury in 1994 during the Whitewater controversy. Roger Altman has authored pieces including The Great Crash, 2008: A Geopolitical Setback for the West, Obama's Business Plan, American Profligacy and American Power: The Consequences of Fiscal Irresponsibility, and The Fall and Rise of the West: Why America and Europe Will Emerge Stronger From the Financial Crisis.
When Evercore went public in 2006, Altman's 13% stake was worth $90 million by the end of the first day of trading. Today, his stake is worth around $300 million. At the stock's all-time low in January 2008, his shares sank to being worth around $30 million.
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