Steven Rattner Net Worth (Updated 2025).
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Steven Rattner, born in 1952, began his career in the finance industry after graduating from Harvard Business School in 1979. He started as an investment banker at Lehman Brothers, where he honed his skills in mergers and acquisitions, quickly establishing himself as a sharp and strategic thinker.
In 1985, Rattner made a significant career move by joining Morgan Stanley, then one of the world’s leading financial institutions. Here, he rose through the ranks, becoming a managing director in the firm’s mergers and acquisitions department. His reputation for successfully navigating complex deals and his ability to build strong client relationships began to earn him industry recognition.
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Steven Rattner’s Current Net Worth (2025)
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As of 2025, Steven Rattner’s current net worth is estimated to be around $200 million, according to the latest available information.
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Career
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Steven Rattner is a prominent American businessman and investor. He served as the lead auto industry advisor to President Barack Obama during the 2008-2009 financial crisis, helping to orchestrate the bailout of General Motors and Chrysler. Prior to this, Rattner was a co-founder and principal of Quadrant Group, a private equity firm, and held various positions at Lazard Frères, including Deputy Chairman and CEO of its U.S. operations.
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Other Ventures
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Rattner is also a regular contributor to MSNBC, providing analysis on economic and political issues. He is the author of “Overhaul: An Insider’s Account of the Obama Administration’s Emergency Rescue of the Auto Industry,” which details his experiences during the auto industry crisis. Additionally, Rattner is a board member of several companies, including American Express and The New York Times Company.
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Assets
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Rattner’s assets include a significant stake in the private equity firm Wilpon Investment Group, which he co-founded. He also owns a substantial portfolio of stocks, primarily in financial and industrial companies. Rattner and his wife, Maureen White, own several properties, including a residence in Manhattan and a vacation home in the Hamptons.
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Annual Income
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Steven Rattner’s annual income varies significantly from year to year, largely due to the performance of his investments and the companies he is involved with. However, it is estimated that his average annual income over the past decade has been around $10 million.
Frequently Asked Questions about Steven Rattner
**Frequently Asked Questions: Steven Rattner Net Worth**
1. **What is Steven Rattner’s net worth?**
Steven Rattner’s net worth is estimated to be around $500 million.
2. **How did Steven Rattner make his money?**
Steven Rattner made his fortune primarily through his career as a private equity investor and investment banker. He co-founded the Quadrangle Group, a private equity and media-focused investment firm, and previously worked at Lazard, a leading financial advisory and asset management firm.
3. **What is Steven Rattner’s background?**
Steven Rattner graduated from Harvard College and Harvard Business School. He began his career at Lehman Brothers and later worked at Morgan Stanley before joining Lazard. He then co-founded the Quadrangle Group in 2000.
4. **What is the Quadrangle Group?**
The Quadrangle Group is a private equity and media-focused investment firm that Steven Rattner co-founded in 2000. The firm invests in media, communications, and related technology companies.
5. **What is Steven Rattner’s role in the Obama administration?**
Steven Rattner served as the Counselor to the Secretary and Deputy Secretary of the Treasury in the Obama administration from 2009 to 2011. He led the Presidential Task Force on the Auto Industry during the 2008-2009 financial crisis.
6. **What is the Presidential Task Force on the Auto Industry?**
The Presidential Task Force on the Auto Industry was established by President Barack Obama in 2009 to oversee the federal government’s response to the financial crisis affecting the American automobile industry.
7. **What is Steven Rattner’s involvement in the 2021 GameStop short squeeze?**
Steven Rattner was one of the investors who shorted GameStop stock in 2021, a position that was later squeezed by retail investors, leading to significant losses for short sellers.
8. **What is Steven Rattner’s political affiliation?**
Steven Rattner is a Democrat and has been a significant donor to Democratic political campaigns and causes.
9. **What are some of Steven Rattner’s philanthropic endeavors?**
Steven Rattner and his wife, Maureen White, have been involved in various philanthropic activities, including supporting education, healthcare, and arts initiatives. They have made significant donations to institutions like Harvard University and the New York Public Library.
10. **What is Steven Rattner’s current role?**
As of now, Steven Rattner is a chairman of Willett Advisors, the investment arm of Michael R. Bloomberg’s family and charitable foundations. He also serves as a board member for several companies and organizations.