Steven Mnuchin Net Worth: Steven Mnuchin was born on December 21, 1962, in New York City, New York. His father, Robert Mnuchin, was a prominent figure at Goldman Sachs and a notable art dealer, while his mother was a longtime investor with Bernie Madoff.
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Table Of Contents
Steven Mnuchin Bio
| Attribute | Details |
|---|---|
| Birth Name | Steven Terner Mnuchin |
| Birthdate | December 21, 1962 |
| Birthplace | New York City, New York |
| Mother | Elaine Terner Cooper |
| Father | Robert E. Mnuchin |
| Spouse(s) | -Kathryn Leigh McCarver (1992-1999); -Heather deForest Crosby (1999-2014); -Louise Linton (2017-present) |
| Children | Emma Mnuchin, Dylan Mnuchin, John Mnuchin (with Crosby),a daughter born in late 2023 (with Linton) |
| Education | Yale University |
| Position(s) | 77th United States Secretary of the Treasury (Feb. 13, 2017 – Jan. 20, 2021) |
| Career | -Investment banker at Goldman Sachs, -hedge fund manager, -film producer |
Finance Career
After graduating from Yale in 1985, Mnuchin began his career at Goldman Sachs, where he worked for 17 years and eventually became Chief Information Officer. He later founded several hedge funds and purchased IndyMac during the financial crisis of 2007-08, renaming it OneWest Bank before selling it to CIT Group in 2015.
Steven Mnuchin Net Worth
Steven Mnuchin has amassed a net worth estimated at $400 million, primarily through his achievements in finance, film production, and his tenure in government. His exceptional financial expertise has been a key factor in building his substantial personal fortune.
Political Career
Mnuchin served as the national finance chairman for Donald Trump’s 2016 presidential campaign and was subsequently nominated and confirmed as the 77th United States Secretary of the Treasury in February 2017. He held this position throughout Trump’s presidency until January 20, 2021.
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Film Producing
In 2004, Mnuchin co-founded RatPac-Dune Entertainment, through which he executive produced numerous films, including “The Lego Movie,” “Mad Max: Fury Road,” and “Wonder Woman.”
Personal Life
Mnuchin has been married multiple times. He married Louise Linton in 2017, with whom he shares a daughter born in November 2023.
Real Estate
Mnuchin owns several high-value properties, including a mansion in Bel Air purchased for $26.5 million in 2009, a home in Beverly Hills purchased for $8.9 million in 2014 (later sold for $11 million in 2017), and a New York City apartment at 740 Park Avenue sold for $22.5 million in October 2021. He also owns a home in Washington, D.C., purchased for $12.6 million in 2017.
How did Steve Mnuchin make his money?
Following a successful 17-year tenure at Goldman Sachs, where he ascended to the role of chief information officer, Mnuchin ventured into various endeavors. Post his departure from Goldman Sachs in 2002, he delved into the realm of hedge funds, establishing and contributing to the founding of several.
What is Mnuchin doing now?
Former Treasury Secretary Steven Mnuchin is assembling an investor consortium aimed at acquiring TikTok from ByteDance. This initiative comes amidst bipartisan legislation making its way through Congress, posing a potential threat to TikTok’s presence in the United States.
Who is the 77th secretary of the Treasury?
Steven Terner Mnuchin was sworn in as the 77th Secretary of the Treasury on February 13, 2017.
Who bought TikTok?
ByteDance Ltd
TikTok, which has more than 170 million American users, is a wholly owned subsidiary of Chinese technology firm ByteDance Ltd.
Who is willing to buy TikTok?
“Private equity, possibly in collaboration with a consortium, is considering an exploration of TikTok, while a range of tech giants such as Microsoft, Apple, Oracle, and potentially joint bids from various major players in the tech industry, are anticipated to show interest in TikTok, contingent upon the arrangement and valuation,” sources revealed.
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FAQs
1. What is Steven Mnuchin’s net worth? Steven Mnuchin’s net worth is estimated to be $400 million. He has amassed his wealth through his career in finance, film producing, and as the former Secretary of the Treasury under President Donald Trump.
2. What notable films has Steven Mnuchin been involved in producing? As a film producer, Steven Mnuchin has been involved in producing several notable films, including “The Lego Movie,” “Mad Max: Fury Road,” and “Wonder Woman,” among others.
3. How did Steven Mnuchin enter politics? Steven Mnuchin entered politics by serving as the national finance chairman for Donald Trump’s 2016 presidential campaign. He was later nominated and confirmed as the 77th United States Secretary of the Treasury in February 2017.
4. How many times has Steven Mnuchin been married? Steven Mnuchin has been married multiple times. He was married to Kathryn Leigh McCarver from 1992 to 1999, Heather deForest Crosby from 1999 to 2014, and Louise Linton since 2017.
5. What significant real estate properties does Steven Mnuchin own? Steven Mnuchin owns several high-value real estate properties, including a mansion in Bel Air, a home in Beverly Hills, a New York City apartment at 740 Park Avenue, and a home in Washington, D.C.
