Roger Altman Net Worth: A Closer Look At His Financial Journey

When people talk about significant figures in the world of finance and politics, Roger Altman's name often comes up. It's almost natural to wonder about the financial standing of someone who has played such a prominent part in both spheres. People are often curious about what goes into building substantial wealth, and for many, that curiosity extends to understanding the financial story of individuals like Mr. Altman.

His career has spanned decades, touching on high-level government service and the very top of the investment banking world. So, it is that his financial profile remains a subject of considerable interest to many observers. This article aims to bring together the various pieces of information about Roger Altman's net worth, giving you a clearer picture of his financial situation and the path he took to get there.

We will look at the different estimates of his wealth and explore the main sources that have contributed to his impressive financial standing. Understanding these details helps paint a more complete picture of a person's impact and success in their chosen fields, which is, you know, quite interesting to consider.

Table of Contents

• Roger Altman: A Brief Biography
• Personal Details and Background
• Roger Altman's Net Worth: An Overview
• Evercore: A Major Source of Wealth
• Holdings in Evercore Stock
• His Distinguished Career Path
• Understanding the Varying Net Worth Estimates
• Frequently Asked Questions About Roger Altman's Net Worth

Roger Altman: A Brief Biography

Roger Charles Altman, a well-known American investment banker, was born on April 2, 1946. His life's work has truly spanned a few different important areas. He is, in fact, the founder of Evercore, a very significant financial advisory firm, and he also serves as its senior chairman.

Beyond his work in finance, Mr. Altman has also had a public service career. He was, in a way, a former Democratic politician, bringing his sharp mind to government roles. This combination of private sector success and public service is quite rare, you know, and it speaks volumes about his abilities.

He is recognized for his long tenure on Wall Street, which is, for many, a testament to his dedication. People often point to his ability to excel in the financial field, which is a big part of his story. His career, it seems, was built with a lot of commitment and a clear focus on achieving success, basically.

Personal Details and Background

Roger Altman's Net Worth: An Overview

When we talk about Roger Altman's net worth, there are a few different figures that come up, which can sometimes be a little confusing. According to information from Money Inc., his net worth has been placed at around $180 million. This figure provides a good starting point for our discussion, you know.

However, other reports suggest a somewhat different picture. For instance, some estimations put Roger C. Altman's net worth at an estimated $230 million. This particular figure is said to be based on his reported shares in Evercore Inc., which is, in some respects, a very direct way to calculate wealth.

There is also a broader range mentioned, indicating his estimated net worth could be anywhere between $180 million and $400 million. This wider estimation, apparently, comes from a combination of his high salary and a substantial number of holdings in Evercore stock, according to filings made with the relevant authorities.

More recent estimations, as of May 12th, 2023, suggest that Roger Altman, a Wall Street veteran, has an estimated net worth that reaches a staggering $400 million. This particular figure highlights his continued success and financial strength in the present day, which is really quite impressive.

It's worth noting that another estimate for 2023 places Roger Altman's net worth at approximately $40 million. This figure, while lower than others, is also presented as an estimation for the current year. And then, there's a specific mention of an estimated net worth of at least $21.6 million as of October, a month and two weeks ago, which is tied to his EVR stock holdings and sales since 2021.

The latest estimations available indicate that Altman's net worth stands at approximately $200 million. A very significant portion of this wealth, it seems, is closely tied to his involvement with Evercore Inc. This shows just how important his main business venture has been to his financial standing, basically.

Evercore: A Major Source of Wealth

One of the most significant sources of Roger Altman's considerable wealth is, without a doubt, Evercore. This company, which he founded, has been incredibly successful in the financial world. It has, for instance, been involved in transactions worth an astounding $14 billion since its very beginning.

The sheer volume of business that Evercore has handled speaks to its prominence in the investment banking sector. This level of activity, naturally, translates into substantial financial returns for the company and, by extension, for its founder and senior chairman. It's a clear indicator of the firm's impact, you know.

His leadership at Evercore has been a cornerstone of his financial success. The firm's ability to facilitate such large and complex transactions has directly contributed to the growth of his personal fortune. It is, in a way, a direct reflection of his vision and hard work in building the company from the ground up.

The company's performance, therefore, is a key factor in understanding the estimates of his wealth. When Evercore does well, it typically means good things for Mr. Altman's financial situation. This connection is quite strong, and it is, frankly, what many people would expect from a founder of a successful enterprise.

Holdings in Evercore Stock

A substantial part of Roger Altman's wealth is, apparently, tied to his ownership of Evercore Inc. stock. This is a common way for founders and senior executives to hold a significant interest in the companies they lead. His reported shares in Evercore Inc. are a basis for some of the net worth figures we have seen.

It is stated that Roger C. Altman owns about 2 shares of Evercore Inc. (EVR) stock, which are valued at over $588. This specific detail, while seemingly small compared to the larger figures, points to direct ownership. It might be a very particular reporting detail, you know, among his broader holdings.

The broader context suggests that he has a "large number of holdings" in Evercore stock. This indicates that while a specific small number of shares might be mentioned in one context, his overall investment in the company's equity is quite substantial. This is, basically, a significant component of his total financial picture.

Furthermore, the text mentions that they own shares of EVR stock and have sold shares of EVR stock since 2021 for an estimated $0. This detail, which is, in some respects, a bit unusual, might refer to specific transactions or reporting nuances that influence certain net worth calculations. It is, nevertheless, a piece of information from the financial records.

The value of these stock holdings can fluctuate with the market, of course. This is why net worth estimations can change over time. His continued ownership and previous sales of Evercore stock are key elements in how his wealth is assessed. It's really all part of his overall investment strategy, you know.

His Distinguished Career Path

Roger Altman's career on Wall Street began in the 1980s, which is, for many, a very dynamic period in finance. He started his professional journey working for Salomon Brothers, a firm that was quite prominent at the time. This early experience helped set the stage for his future successes, apparently.

Following his time at Salomon Brothers, he then moved on to the Blackstone Group. This progression shows a clear path through some of the most influential financial institutions. His time at these firms provided him with valuable experience and connections, which are, as a matter of fact, very important in the financial world.

Beyond his private sector achievements, Roger Altman also served as the United States Deputy Secretary. This role in government highlights his willingness to contribute to public service at a very high level. It also demonstrates the trust placed in his financial acumen and leadership abilities, which is, you know, quite a testament to his character.

He is known for excelling in his field, and it's clear he built his career with unbridled dedication. This commitment to his work is a recurring theme in his professional life. It's the kind of drive that, basically, helps someone achieve significant milestones and reach the top of their profession.

His financial profile remains highly significant, which is, perhaps, no surprise given his long and impactful career. The various roles he has held, from investment banking to government service, have all contributed to his standing and, ultimately, to his financial success. It's a truly multifaceted career, to be honest.

Understanding the Varying Net Worth Estimates

It can seem a little confusing when you see different figures for Roger Altman's net worth, ranging from $40 million to $400 million, and even a specific $21.6 million. These differences, as a matter of fact, are not uncommon when estimating the wealth of high-profile individuals. Various factors can influence these numbers, you know.

One reason for the range is the timing of the estimation. Financial markets are constantly moving, and the value of stock holdings, like those in Evercore Inc., can change daily. A figure from one date might be different from a figure reported a few months later, which is, you know, quite normal.

Another factor is the methodology used for the calculation. Some estimates might focus primarily on publicly reported stock holdings and salary, while others might try to include private investments or other assets that are less visible. This can lead to different totals, which is, in a way, understandable.

For example, the estimate of $230 million is specifically based on reported shares in Evercore Inc. The broader range of $180 million to $400 million, however, also considers his high salary and a large number of holdings in Evercore stock, according to filings. This suggests a more comprehensive view, apparently.

The figure of $400 million as of May 12th, 2023, represents a very recent and, seemingly, a higher-end estimation. Meanwhile, the approximately $200 million is presented as "latest estimations," with a significant portion tied to Evercore. These different points in time and different sources can lead to varied numbers, which is, you know, just how these things work.

The specific mention of "at least $21.6 million" as of October, tied to EVR stock ownership and sales, might refer to a very particular snapshot or a specific type of asset valuation at that moment. It is, basically, one piece of the puzzle among many others. To be honest, it shows the complexity of valuing someone's entire financial picture.

Ultimately, while the exact number may vary depending on the source and the moment it was calculated, the consistent theme across all reports is that Roger Altman possesses significant wealth. His long and successful career in finance and public service has clearly resulted in substantial financial accumulation. You can learn more about finance on our site, and also explore investment strategies to understand how wealth is built.

Frequently Asked Questions About Roger Altman's Net Worth

How much is Roger Altman worth?
Roger Altman's net worth estimates vary, but figures range from approximately $40 million to as high as $400 million, with recent estimations often around $200 million or $400 million as of May 2023. These numbers depend on the source and the specific valuation method used, which is, you know, quite common for high-profile individuals.

What is Roger Altman's main source of wealth?
His most significant source of wealth is Evercore, the investment banking firm he founded and where he serves as senior chairman. This company has made transactions worth billions of dollars since its launch. His high salary and large holdings in Evercore stock also contribute a lot to his overall financial standing, which is, basically, a very direct connection.

What is Roger Altman's background?
Roger Charles Altman was born in Brookline, Massachusetts, in April 1946. He is an American investment banker and private equity investor. He also served as the United States Deputy Secretary and began his Wall Street career in the 1980s, working for firms like Salomon Brothers and Blackstone Group, which is, in some respects, a very impressive resume.