David Mccormick Net Worth (Updated 2025).

David McCormick, a name now synonymous with business acumen and success, began his career in the early 1990s after graduating from the University of Texas at Austin with a degree in finance. He started at the bottom, taking on an entry-level position at Goldman Sachs, a prestigious investment banking firm. This was his first step into the competitive world of finance, a world he would come to dominate in the decades to come.

McCormick’s rise through the ranks at Goldman Sachs was swift and impressive. He demonstrated an uncanny ability to understand and navigate complex financial markets, a talent that caught the attention of his superiors. In 1998, he was promoted to the role of co-head of the investment banking division, a position he held until 2003. It was during this time that McCormick’s fame began to grow. His name became associated with high-profile deals and his reputation as a shrewd and savvy businessman spread throughout the industry.

David Mccormick’s Current Net Worth (2025)

As of 2025, David Mccormick’s net worth is estimated to be around $2.5 billion, according to the latest available information.

Career

David Mccormick is a prominent American businessman, known for his successful career in the investment and finance industry. He co-founded the hedge fund Bridgewater Associates in 1975, which grew to become one of the world’s most successful hedge funds. Mccormick served as the company’s co-CEO until 2017, during which time he played a significant role in its growth and expansion.

Other Ventures

Beyond his work at Bridgewater, Mccormick has been involved in various other ventures. He is a member of the Council on Foreign Relations and has served on the boards of several prominent organizations, including the Federal Reserve Bank of New York and the World Economic Forum. Additionally, he has been involved in politics, serving as a finance chairman for Mitt Romney’s 2008 and 2012 presidential campaigns.

Assets

David Mccormick’s assets are primarily tied to his stake in Bridgewater Associates and his real estate holdings. He owns a significant stake in the hedge fund, which manages over $150 billion in assets. Additionally, he owns several properties, including a sprawling estate in Greenwich, Connecticut, and a penthouse in New York City.

Annual Income

While David Mccormick’s exact annual income is not publicly disclosed, it is estimated to be substantial. In 2017, it was reported that he earned $225 million from his compensation and dividends from Bridgewater. However, this figure may have changed since then, and his current annual income could be higher or lower than this amount.

Frequently Asked Questions about  David Mccormick

David Mccormick Net Worth FAQs

1. What is David Mccormick’s net worth?

David Mccormick’s net worth is estimated to be around $2 billion.

2. How did David Mccormick make his money?

David Mccormick made his fortune through his career in finance. He co-founded the hedge fund Point72 Asset Management and served as its co-CEO until 2017. He also worked at Goldman Sachs for over a decade.

3. What is David Mccormick’s age?

David Mccormick was born on March 27, 1966, making him 56 years old.

4. Where did David Mccormick grow up?

David Mccormick grew up in New York City. He attended the Hotchkiss School and later graduated from Yale University.

5. Is David Mccormick married?

Yes, David Mccormick is married. He married his wife, Niki, in 1993. They have three children together.

6. What is David Mccormick’s political affiliation?

David Mccormick is a Republican. He ran for the U.S. Senate in Connecticut in 2022.

7. What is David Mccormick’s height and weight?

David Mccormick is 6 feet tall and weighs around 180 pounds.

8. Does David Mccormick have any siblings?

Yes, David Mccormick has two siblings: a brother named Andrew and a sister named Elizabeth.

9. What is David Mccormick’s education background?

David Mccormick graduated from Yale University with a Bachelor of Arts degree in History. He also has an MBA from the Stanford Graduate School of Business.

10. What are David Mccormick’s hobbies and interests?

David Mccormick is known to be an avid reader and a fan of the New York Yankees. He also enjoys spending time with his family and playing golf.