Net Worth: $90 Million
Birthdate: Jan 6, 1964 (60 years old)
Gender: Male
Profession: Entrepreneur, Writer
Nationality: United States of America
What is Anthony Scaramucci’s Net Worth?
Anthony Scaramucci, nicknamed “The Mooch,” is a prominent American financier, author, and entrepreneur with a net worth of $90 million. Despite his brief stint as Donald Trump’s White House Director of Communications for only 11 days in July 2017, Scaramucci has left an indelible mark on the financial landscape.
Anthony Scaramucci is a multifaceted figure with a background in finance, politics, and media. Here’s a summary of his different roles:
Financier:
- Founder and co-managing partner of SkyBridge Capital, a global alternative investment firm.
- Previously worked at Goldman Sachs in investment banking and founded Oscar Capital Management.
- Considered one of the most powerful people in global finance.
Politician:
- Briefly served as the White House Communications Director under President Donald Trump in 2017.
- His short tenure was marked by controversy, including a public feud with other White House officials.
- Before joining the Trump administration, he was a vocal supporter of the Republican Party.
Media Personality:
- Hosts the podcast “Mooch Madness” and previously co-hosted “Wall Street Week” on Fox Business.
- Frequently comments on political and financial issues in the media.
- Has also appeared as himself in various fictional media, including the film “The Big Short” and the HBO series “Succession.”
Other notable information:
- Holds a degree from Harvard Law School.
- Has been married twice and has two children.
- Remains a controversial figure due to his outspoken nature and past actions.
Early Life and Goldman Sachs Era
Scaramucci, who was born in Long Island, New York, on January 6, 1964, originated from a middle-class lineage. He received his Bachelor of Arts in economics from Tufts University, followed by his Juris Doctorate from Harvard Law School. It is noteworthy that Scaramucci’s Harvard Law classmate was none other than the prospective President Barack Obama.
Scaramucci began his professional career at Goldman Sachs in 1989, primarily working in the Investment Banking division. A short period of absence was succeeded by a reemployment in the Equities division of Goldman. He attained the rank of Vice President in the Private Wealth Management division of Goldman Sachs in 1993 and maintained that position until 1996.
SkyBridge Capital: Entrepreneurial Ventures
In 1995, Scaramucci founded SkyBridge Capital, which, at its peak, managed over $7 billion in assets. However, by the end of 2022, challenges, particularly in the realm of cryptocurrency investments, led to a decrease in assets under management. Despite setbacks, the firm rebounded to $2 billion in assets by April 2023.
Additionally, Scaramucci initiated the SkyBridge Alternatives Conference (SALT), a globally recognized event in financial circles. In 2011, he received the Ernst & Young Entrepreneur Of The Year Award.
Trump White House and SkyBridge Sale
In 2016, Scaramucci joined Donald Trump’s Finance Committee and later became a member of the Presidential Transition Team Executive Committee. He served as Director of Communications at the Trump White House for only 11 days in July 2017.
In 2017, Scaramucci brokered the sale of SkyBridge to a Chinese bank. Nevertheless, the transaction encountered regulatory obstacles and eventually did not proceed. The possible profit from the sale, estimated to be between $100 million and $750 million, would have greatly affected Scaramucci’s total assets.
NY Mets Investment and Net Worth Fluctuations
Scaramucci has made a significant investment in the New York Mets throughout his financial career. Together with comedian Bill Maher and others, he acquired a 4% stake for $20 million in 2012. In 2020, when the Mets were sold for $2.4 billion, Scaramucci’s ownership interest was valued at approximately $80 million.
Throughout his career, Scaramucci has encountered variations in his net worth. Estimates peaked at approximately $40 million in 2010, and subsequent disputes and legal disputes arose. August 2017 financial disclosures detailed his liquid assets as amounting to $85 million, in addition to a range of illiquid assets and liabilities.
Anthony Scaramucci’s financial trajectory is characterized by strategic investments, political engagement, entrepreneurial endeavors, and Wall Street prominence; it all contributes to his dynamic financial journey.
