Lewis Ranieri Net Worth

Lewis Ranieri Net Worth Possibly More Than $1 Billion

Lewis S. Ranieri, who is known as the "godfather" of mortgage finance for pioneering securitization and mortgage-backed securities, is also former vice-chairman and bond trader of Salomon Brothers (he went from being a lowly mail room worker to being an ex-Wall Street giant in that firm). This finance mogul is currently the founding chairman and partner of Ranieri Partners, and was named by BusinessWeek “…One of the greatest innovators of the past 75 years” (2004). 

lewis ranieri

Receiving the Distinguished Industry Service Award from the American Securitization Forum in 2005, he has being recognized for his participation on the Home Builders Mortgage Roundtable National Association (1989-present) and has also been included in the National Housing Hall of Fame. He later received the Lifetime Achievement accolade conferred by the Fixed Income Analysts Society, Inc., and was in TIME magazine’s controversial list of the "25 People to Blame for the Financial Crisis”. He said, in a 2011 Forbes article, that he “bears the burden” as one of the founders of mortgage-backed securities (MBS’) and admitted that the introduction of collateralized debt obligations is what ultimately sealed the market’s fate. This is all because his unique comprehension of consumer mortgages made all kinds of investors content by bundling them together in pools of homogeneous risk. He now works at Ranieri Partners Management LLC and has a possible net worth north of $1 billion. 

lewis ranieri

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