Angelo Mozilo Net Worth (Updated 2025).
Angelo Mozilo, born in 1938, started his career in the mortgage industry at a young age. He began as a loan officer in the late 1950s, working his way up through various positions in the banking sector. In 1986, he co-founded Countrywide Financial, a company that would eventually become one of the largest mortgage lenders in the United States.
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Angelo Mozilo’s Current Net Worth (2025)
As of 2025, Angelo Mozilo’s net worth is estimated to be around $200 million, according to the latest available information.
Career
Angelo Mozilo is a prominent figure in the mortgage and banking industry. He co-founded Countrywide Financial in 1969, which grew to become one of the largest mortgage lenders in the U.S. Mozilo served as the company’s CEO from 1982 until its acquisition by Bank of America in 2008. He is also known for his role in the subprime mortgage crisis.
Other Ventures
After leaving Countrywide, Mozilo founded Triad Guaranty, a mortgage insurance company, in 2007. He served as its chairman and CEO until 2014. He also has investments in various other businesses, including real estate and technology startups.
Assets
Mozilo’s assets include a significant real estate portfolio, with properties in California, Florida, and New York. He also owns a luxury yacht and has investments in private equity and hedge funds. His art collection, which includes works by Picasso and Warhol, is estimated to be worth tens of millions of dollars.
Annual Income
Mozilo’s annual income varies depending on the performance of his investments and business ventures. In 2006, his last year at Countrywide, he earned a total compensation of $52.5 million. Since then, his income has fluctuated, with estimates ranging from $10 million to $30 million per year.
Frequently Asked Questions about Angelo Mozilo
**Frequently Asked Questions: Angelo Mozilo Net Worth**
1. **What is Angelo Mozilo’s net worth?**
Angelo Mozilo’s net worth is estimated to be around $500 million.
2. **How did Angelo Mozilo make his money?**
Angelo Mozilo made his fortune primarily through his career in the finance industry. He co-founded Countrywide Financial, one of the largest mortgage lenders in the U.S., and served as its CEO for many years.
3. **What is Angelo Mozilo’s role in the 2008 financial crisis?**
Angelo Mozilo was criticized for his role in the subprime mortgage crisis, which contributed to the 2008 financial crisis. He was accused of pushing risky loans and securitizing them without proper due diligence.
4. **Was Angelo Mozilo charged for his role in the 2008 financial crisis?**
In 2010, Mozilo was charged with fraud by the SEC, but he settled the case without admitting or denying the allegations. He paid a $67.5 million fine and was barred from serving as an officer or director of a public company.
5. **What happened to Countrywide Financial?**
Countrywide Financial was acquired by Bank of America in 2008, during the height of the financial crisis.
6. **What is Angelo Mozilo’s educational background?**
Mozilo graduated from Brooklyn College with a degree in accounting. He later earned an MBA from the University of California, Los Angeles.
7. **When was Angelo Mozilo born?**
Angelo Mozilo was born on October 17, 1936.
8. **Where was Angelo Mozilo born?**
Mozilo was born in Brooklyn, New York.
9. **What is Angelo Mozilo’s political affiliation?**
Mozilo has been a significant donor to both Democratic and Republican political campaigns.
10. **Is Angelo Mozilo still active in the finance industry?**
After leaving Countrywide, Mozilo has not been actively involved in the finance industry. He has focused on philanthropic efforts and serving on the boards of various organizations.
