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Sanford I. Weill – Billionaire

Sanford Weill 2 Shankbone Metropolitan Opera 2009.jpg

Sanford I. Weill

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  (Redirected from Sanford Weill)
 Sanford I. “Sandy” Weill (/wl/; born March 16, 1933) is an American banker, financier and philanthropist. He is a former chief executive and chairman of Citigroup. He served in those positions from 1998 until October 1, 2003, and April 18, 2006, respectively.

Early life

Weill was born in the Bensonhurst section of Brooklyn, New York, to Polish Jewish immigrants, Etta Kalika and Max Weill. He attended P.S. 200 in Bensonhurst. He also attended Peekskill Military Academy in Peekskill, New York, then enrolled at Cornell University where he was active in the Air Force ROTC and the Alpha Epsilon Pi Fraternity. Weill received a Bachelor of Arts degree in government from Cornell in 1955.

Weill’s middle initial of “I” is not an abbreviation for anything. Weill has said:

My mother wanted to name me after somebody whose name started with an “I”, but she couldn’t think of a name she liked. So she gave me the initial with the idea that after I was 21 I could choose whatever middle name I wanted.

Weill married Joan Mosher on June 20, 1955. The couple lives in Greenwich, Connecticut. They have two adult children, Marc Weill (formerly married to news anchor E. D. Hill) and Jessica Weill Bibliowicz, and four grandchildren.

Summary

Sanford I. Weill
Weill at opening night of the 2009 Metropolitan Opera’s Tosca
Born March 16, 1933 (age 84)
New York City, New York, U.S.
Nationality American
Alma mater Cornell University
Occupation Banker, financier
Net worth Increase US $ 1.1 billion (Aug 2016)
Spouse(s) Joan H. Mosher (m. 1955)
Children Marc Weill
Jessica Weill Bibliowicz

Sandy Weill net worth: Sandy Weill is an American banker, financier, and philanthropist who has a net worth of $1 billion. Sandy Weill was born in New York City, New York in March 1933. From 1998 to 2003 he was a chief executive at Citigroup and from 1998 until 2006 he was a chairman for the company. Weill graduated from Cornell University and got his first job on Wall Street in 1955 with Bear Stearns. After starting out as a runner he became a licensed broker. In 1960 Weill co-founded the firm Carter, Berlind, Potoma & Weill which eventually became Shearson Loeb Rhoades. He sold the company to American Express in 1981 for around $930 million in stock. He served as president of American Express Co. In 1986 he invested $7 million of his own money and became CEO of Commerical Credit. He paid $1.5 billion for Primerica in 1987 and paid $722 million for a 27% share of Travelers Insurance in 1992. As a philanthropist Weill has donated millions of dollars to education, music, and medicine.

Source:

  1. wikipedia
  2. celebritynetworth

 

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