Steve Rattner Net Worth (Updated 2025).
Steve Rattner began his career in the 1970s, fresh out of Harvard Business School, where he had honed his analytical skills and developed a keen interest in the intricacies of finance. He started at Morgan Stanley, a prestigious investment bank, as an associate in their mergers and acquisitions department. Here, Rattner quickly demonstrated his prowess, working on high-profile deals and earning a reputation for his sharp mind and tenacious negotiating skills.
**Steve Rattner’s Current Net Worth (as of 2025)**
As of 2025, Steve Rattner’s current net worth is approximately $250 million, according to the latest available information. This figure reflects his successful career in finance and investments.
**Steve Rattner’s Career**
Steve Rattner, born in 1952, is a prominent American financier and former investment banker. He co-founded the private equity firm Quadrangle Group in 2000, which he led until 2011. Rattner also served as the lead advisor to the Obama administration’s Auto Task Force in 2009, helping to restructure the U.S. auto industry.
**Other Ventures**
After leaving Quadrangle, Rattner founded Rattner Macro, a media and investment firm. He is also a regular commentator on CNBC, providing insights on economic and political issues. Additionally, he has authored a book, “Overhaul: An Insider’s Account of the Obama Administration’s Emergency Rescue of the Auto Industry.”
**Assets**
Rattner’s assets include a significant stake in the Quadrangle Group, as well as investments in various other companies and funds. He also owns properties in New York City and the Hamptons, valued at tens of millions of dollars.
**Annual Income**
While Rattner’s exact annual income is not publicly disclosed, his compensation at Quadrangle Group was reportedly in the tens of millions of dollars. As a successful investor and media commentator, his annual income is likely substantial, although it can vary year to year.
Table Of Contents
- Frequently Asked Questions: Steve Rattner Net Worth
- 1. What is Steve Rattner’s net worth?
- 2. How did Steve Rattner make his fortune?
- 3. What is Willett Advisors LLC?
- 4. What was Steve Rattner’s role in the Obama administration?
- 5. What is Steve Rattner’s background in finance?
- 6. What is Steve Rattner’s educational background?
- 7. What are some of Steve Rattner’s philanthropic endeavors?
- 8. What is Steve Rattner’s political affiliation?
- 9. What are some of the books that Steve Rattner has written?
- 10. What is Steve Rattner’s current role in the Biden administration?
Frequently Asked Questions about Steve Rattner
Frequently Asked Questions: Steve Rattner Net Worth
1. What is Steve Rattner’s net worth?
Steve Rattner’s net worth is estimated to be around $200 million.
2. How did Steve Rattner make his fortune?
Steve Rattner made his fortune through his career as a private equity investor and financier. He is the founder and chairman of Willett Advisors LLC, a private equity and investment firm.
3. What is Willett Advisors LLC?
Willett Advisors LLC is a private equity and investment firm founded by Steve Rattner in 2001. The firm manages investments for high net worth individuals and institutional investors.
4. What was Steve Rattner’s role in the Obama administration?
Steve Rattner served as the lead auto industry adviser in the Obama administration’s Auto Task Force during the 2008-2009 financial crisis. He played a key role in the restructuring of General Motors and Chrysler.
5. What is Steve Rattner’s background in finance?
Steve Rattner began his career in finance as an investment banker at Morgan Stanley. He later worked at Lazard Frères & Co. and was a partner at Quadrangle Group before founding Willett Advisors.
6. What is Steve Rattner’s educational background?
Steve Rattner graduated magna cum laude from Harvard College in 1974 with a Bachelor of Arts degree in Government. He also holds a Master of Business Administration degree from the Stanford Graduate School of Business.
7. What are some of Steve Rattner’s philanthropic endeavors?
Steve Rattner and his wife, Maureen White, have been active in philanthropy, focusing on education, healthcare, and social justice initiatives. They have made significant donations to various organizations, including the Robin Hood Foundation and the New York Public Library.
8. What is Steve Rattner’s political affiliation?
Steve Rattner is a Democrat and has been a significant donor to Democratic political campaigns and causes.
9. What are some of the books that Steve Rattner has written?
Steve Rattner has written two books: “Overhaul: An Insider’s Account of the Obama Administration’s Emergency Rescue of the Auto Industry” and “Ninja Finance: The Art of Managing Money in Your Life, Your Business, and Your Investments.”
10. What is Steve Rattner’s current role in the Biden administration?
As of now, Steve Rattner does not hold any official position in the Biden administration. However, he has been a frequent critic of the administration’s economic policies in his role as a CNBC contributor.