Joe Terranova Net Worth
Joe Terranova Net Worth and salary: Joe Terranova is an American trader and executive who has a net worth of $50 million. Joe Terranova was born on October 29, 1966. He earned a bachelor's degree in finance from the Peter J. Tobin College of Business at St. John's University in New York. He is the Chief Market Strategist for Virtus Investment Partners, an asset management firm with more than $50 billion under management and listed on the NASDAQ exchange. Terranova was elevated into that position in June 2009. Previously, he held the position of chief alternatives strategist for Virtus Investment Partners. He joined Phoenix Investment Partners – now named Virtus Investment Partners – in June 2008. Prior to joining Virtus in 2008, Mr. Terranova spent 18 years at MBF Clearing Corp., rising to the position of director of trading for the company and its subsidiaries. In this capacity, he managed more than 300 traders and support staff for MBF, one of the New York Mercantile Exchange's largest firms. His work was highlighted as the feature story in the June 2004 issue of Futures magazine. Terranova has been an ensemble member of the CNBC's "Fast Money" since 2008. He also frequently contributes exclusively to CNBC's other business programs. He is the author of "Buy High, Sell Higher", a book about investing based on his years as a professional trader.