Meredith Whitney was born on the 20th November 1969, in Summit, New Jersey USA, and is probably best recognized for being a financial analyst, who predicted the difficulties of major banks, including Citigroup, ahead of the financial crisis 2007-2008. She is also known for being the CEO and founder of Meredith Whitney Advisory Group, LLC, an investment research company. Her career has been active since 1993.
Have you ever wondered how rich Meredith Whitney is, as of late 2016? According to authoritative sources, it has been estimated that the total size of Meredith’s net worth is over $10 million, an amount which has been accumulated through her successful career in the business industry as a financial analyst.
[divider]
Meredith Whitney Net Worth $10 Million
[divider]
Meredith Whitney spent her childhood in Bethesda, Maryland, but she attended the private college-preparatory boarding school for girls, The Madeira School in McLean, Virginia, transferring in 1987 and matriculating from The Lawrenceville School, where she was a member of the first co-ed class. Later, she enrolled at Brown University, where she earned a BA degree in History in 1992.
Subsequently, her career began in 1993, when she was hired as a Director at the investment bank, Oppenheimer Holdings in New York City. Two years later, she joined the company’s Specialty Finance Group, however, in 1998 she left the job to become the Executive Director of Wachovia Securities, a diversified financial services company based in Charlotte, and there she worked until 2004, when she decided to return to Oppenheimer Holdings, working as a Managing Director, who researched brokers and banks. Although, Meredith gained a negative reputation in 2007, as she wrote a pessimistic research report on Citigroup about the financial crisis 2007-2008 and the difficulties of major banks, all of these proved correct, and subsequently added to her reputation and added a considerable amount to her net worth.
Nevertheless, Meredith resigned from Oppenheimer in 2009, as she launched her own company under the name Meredith Whitney Advisory Group (MWAG), LLC, where she analyzed specific equity research on various financial institutions. Four years later in 2013, she began running her own hedge fund – Kenbelle Capital LP, which unfortunately fell through, and as a result he was sued by the BlueCrest Capital Management for the return of its $46 million investment. She settled the suit in 2015, which had a huge influence on her net worth, and since then she hasn’t worked in the field of professional money management.
In the same year, Meredith began to work at Bermudan insurer Arch Capital Group, a company which engages in insurance and reinsurance on a worldwide basis, as a Manager, increasing further her net worth.
To speak further about her career, Meredith was named the 2nd best stock picker by Forbes in 2007, as well as the 50th most powerful woman in business by the New York Post.
When it comes to speak about her personal life, Meredith Whitney has been married to John ‘Bradshaw’ Layfield, a former professional wrestler and Fox News contributor, since 2005. The couple’s current residence is in Bermuda.
The post Meredith Whitney Net Worth appeared first on Net Worth Post.