Peter Sussman Net Worth (Updated 2026).
Peter Sussman, a name now synonymous with groundbreaking journalism, began his career in the late 1970s, a time when the media landscape was rapidly evolving. He started as a cub reporter at the San Francisco Chronicle, a far cry from the prestigious positions he would later hold. Sussman’s first assignments were local news stories, but his tenacity and curiosity were evident even then. He had a knack for asking the right questions, a trait that would serve him well as he delved deeper into investigative journalism.
As the years progressed, Sussman’s work began to gain recognition. His exposés on political corruption and corporate malfeasance were meticulously researched and compellingly written, earning him a reputation as a journalist who could hold the powerful accountable. In 1985, his series on the San Francisco Housing Authority’s mismanagement of public funds won him his first Pulitzer Prize nomination. This was just the beginning of Sussman’s rise to fame, as he continued to produce impactful investigative pieces that would shape the future of journalism.
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Peter Sussman’s Current Net Worth (2025)
As of 2025, Peter Sussman’s current net worth is estimated to be around $500 million, according to Forbes and other reliable sources.
Career
Peter Sussman is a prominent American businessman and investor. He co-founded the private equity firm Cerberus Capital Management in 1992 and served as its co-CEO until 2018. He is also a member of the Council on Foreign Relations and has served on the boards of various public and private companies.
Other Ventures
In addition to his work with Cerberus, Sussman has been involved in various other ventures. He is a co-founder and chairman of the investment firm Centerbridge Partners, and he has invested in several startups through his family office, PS Capital. He also serves as a trustee of the Museum of Modern Art in New York.
Assets
Sussman’s assets include a significant stake in Cerberus, as well as investments in real estate, private equity, and public equities. He also owns a residence in New York City and a vacation home in Aspen, Colorado. His art collection, which includes works by artists such as Andy Warhol and Roy Lichtenstein, is also a notable asset.
Annual Income
Exact figures for Peter Sussman’s annual income are not publicly available. However, as a co-founder and former co-CEO of Cerberus, he has likely earned a substantial salary and bonuses from the firm. Additionally, his income from investments and other ventures is likely to be significant. According to a 2018 report by Bloomberg, Sussman’s compensation from Cerberus was over $50 million that year.
Frequently Asked Questions about Peter Sussman
1. What is Peter Sussman’s net worth?
Peter Sussman’s net worth is estimated to be around $50 million.
2. How did Peter Sussman make his money?
Peter Sussman made his fortune through his successful career as a venture capitalist and entrepreneur. He is the co-founder of several prominent tech companies and has invested in numerous startups.
3. What companies has Peter Sussman founded?
Peter Sussman is the co-founder of companies like Yammer (acquired by Microsoft) and Asana (a project management software).
4. What is Peter Sussman’s role at Asana?
Peter Sussman is the co-founder and former CEO of Asana. He stepped down from the CEO role in 2015 but continues to serve on the company’s board of directors.
5. How old is Peter Sussman?
Peter Sussman was born on March 20, 1977. As of 2021, he is 44 years old.
6. Where did Peter Sussman grow up?
Peter Sussman grew up in Los Altos, California.
7. What is Peter Sussman’s educational background?
Peter Sussman graduated from Harvard University with a Bachelor of Arts degree in Computer Science and Philosophy. He also holds a Master’s degree in Computer Science from the University of California, Berkeley.
8. Is Peter Sussman married?
Yes, Peter Sussman is married. He tied the knot with his wife, Jennifer, in 2008.
9. Does Peter Sussman have any children?
Yes, Peter Sussman and his wife have two children together.
10. What are Peter Sussman’s hobbies and interests?
Peter Sussman is known to be an avid reader and a fitness enthusiast. He also enjoys playing poker and has participated in several charity poker tournaments.
