CNBC Panelist Karen Finerman Family Just As Impressive As Net Worth!
CNBC panelist Karen Finerman feels empowered by the money she owns; in part because, she doesn't want to ask her husband for anything but love and admiration. The source of pride, you ask? Her position as the CEO of Metropolitan Capital Advisors.
Both the California native, age 53, and her husband, Lawrence Golub are an established name in Wall Street, having founded their respective money/assets management firms.
As impressive as her net worth is, it's nothing compared to what her family has been able to achieve.
CNBC Panelist Karen Finerman's Net Worth & Salary
Since 15 years of age, Karen got obsessed with making money as "it seemed liked a good thing to have."
A graduate of Beverly Hills High School, she earned her B.S. in Economics - concentration in Finance - from the University of Pennsylvania's Wharton School in the year 1987.
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Working first as a trader for the risk arbitrage fund First City Capital & then as the lead research analyst for the firm "Donaldson, Lufkin, and Jenrette," she learned the inner-workings of the Wall Street before going on to co-found hedge fund Metropolitan Capital Advisors with her partner Jeffery Schwarz in 1992.
Since its inception, the New York-based hedge fund's worth has jumped from $4 million to a little under $1 billion. And, serving as the firm's CEO, Karen makes over $8 million per annum in salary.
Despite boasting an impressive sum of over $200 million in net worth, the "Rules: Secrets I'd Only Tell My Daughters About Business and Life" author isn't the wealthiest person in her family.
Multi-Billionaire Husband; Family Just As Successful
Karen's husband, Lawrence is the founder of New York-based asset management company Golub Capital, which became a public entity in March 2010. Currently headed by her brother-in-law, David Golub, the firm's capital in 2018 got valued at $25 billion.
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By her admission, her husband's fortune doesn't make her complacent. If anything, it helps her relish empowerment. In a 2007 interview with The Guardian, the brown-haired beauty, who initially fell for her other half's height, professed,
"I never want to have to ask my husband for money. Never! That's incomprehensible to me."
Karen Finerman smiles alongside her husband Lawrence Golub, with whom she tied the wedding knots in 1993 (Photo:- wikinetworth.com)
Married in a lavish wedding ceremony in 1993, she and her husband - who met after a mutual friend set them up for a blind date - share two sets of twins: Lucy & Jack, age 21 and William & Kate, age 18.
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Born to an orthopedic surgeon father and a homemaker mother, Karen's siblings are just as successful as her.
The CNBC panelist's sister, Wendy Finerman, who boasts executive producer credits in films such Devil Wears Prada & Forrest Gump, is an Oscar laureate. Her brother, Mark Finerman operates commercial mortgage securities at Greenwich Capital. Likewise, her two little sisters work as analysts at separate hedge funds.