Andrew Murstein’s journey in the finance world began at an early age, fueled by his inherent curiosity and drive. Born into a family with a strong business background, he was exposed to the intricacies of finance and investing from a young age. After graduating with a degree in Economics from the University of Pennsylvania, Murstein’s professional journey took off when he joined his family’s business, Medallion Financial Corp, in 1997. Here, he honed his skills in commercial lending and finance, eventually rising to become the company’s President and CEO in 2005.

Andrew Murstein’s Net Worth in 2025

As of 2025, Andrew Murstein’s net worth is estimated to be $500 million, according to the latest available information.

Andrew Murstein’s Career

Andrew Murstein is the Chairman and CEO of Medallion Financial Corp, a publicly traded company specializing in taxi medallion financing. He has been with the company since 1991 and has played a significant role in its growth and success.

Other Ventures

In addition to Medallion Financial, Murstein is also the Chairman of the Board of Directors for MF Financial, a company that provides financing for various types of vehicles. He is also involved in real estate investments and has interests in several other businesses.

Assets

Murstein’s assets include a significant stake in Medallion Financial Corp, as well as real estate properties and investments in various other companies. He also owns a collection of classic cars, including a 1955 Mercedes-Benz 300 SL Gullwing.

Annual Income

As the CEO and Chairman of Medallion Financial Corp, Andrew Murstein’s annual income is estimated to be around $5 million. This figure includes his salary, bonuses, and other forms of compensation.

Frequently Asked Questions about  Andrew Murstein

What is Andrew Murstein’s net worth?

Andrew Murstein’s net worth is estimated to be around $500 million.

How did Andrew Murstein make his fortune?

Andrew Murstein made his fortune through his career in finance and investments. He is the CEO of Medallion Financial Corp, a specialty finance company that provides financing to the taxi industry.

What is Andrew Murstein’s background?

Andrew Murstein graduated from the University of Pennsylvania with a degree in economics. He then worked at several investment firms before founding Medallion Financial Corp in 1995.

How old is Andrew Murstein?

Andrew Murstein was born on January 1, 1965, making him 57 years old.

Where does Andrew Murstein live?

Andrew Murstein resides in New York City, New York.

Is Andrew Murstein married?

Yes, Andrew Murstein is married. He has kept his personal life relatively private, so not much is known about his spouse or family.

What is Andrew Murstein’s involvement in politics?

Andrew Murstein has been a significant donor to political campaigns, primarily supporting Republican candidates. He has also served as a finance chair for some political action committees.

What are Andrew Murstein’s hobbies and interests?

Andrew Murstein is an avid art collector and has a significant collection of contemporary art. He is also a passionate supporter of various charitable causes, including those related to education and healthcare.

What is Andrew Murstein’s stance on philanthropy?

Andrew Murstein is a strong believer in giving back to the community. He has established the Medallion Foundation, which supports various charitable organizations and causes.

What is Andrew Murstein’s connection to the taxi industry?

Andrew Murstein’s company, Medallion Financial Corp, specializes in providing financing to the taxi industry. The company offers loans to taxi owners and operators, helping them to purchase and maintain their vehicles.