Last Updated: February 14, 2024
Richest BusinessRichest Billionaires
Net Worth:
$2.9 Billion
Dec 25, 1947 - Oct 14, 2009 (61 years old)
Writer, Businessperson, Banker, Financier, Investment Banker
United States of America
💰 Compare Bruce Wasserstein's Net Worth

What is Bruce Wasserstein's Net Worth?

Bruce Wasserstein was an American investment banker who had a net worth of $2.9 billion. If you are not a finance geek or a student of the rich, this is probably the first you have heard of Mr. Wasserstein and his $2.5 billion fortune. You are, however, familiar with his handiwork. He was a sly player in the 1989 acquisition of RJR Nabisco by KKR, a story memorialized in the book Barbarians at the Gate. Bruce was involved in thousands of deals worth a cumulative $250 billion, including the mergers that created Time Warner, Morgan Stanley and UBS. More recently, Wasserstein staged a high profile turnaround of the white shoe investment bank Lazard.

Never satisfied with his intense day job, Bruce's private equity firm Wasserstein & Co. holds stakes in the popular New York magazine, and the delicious Harry & David gift basket retailer, among others. He was a rumored bidder in the sale of Business Week. Not too shabby, even for a graduate of BOTH Harvard Business School and Harvard Law.

The life of an uber banker doesn't allow for much personal time, but Bruce managed to squeeze in 4 marriages, 3 divorces and 5 kids. He married the lovely 35-year-old Asian shipping heiress, Angela Chao. Together they shared a penthouse apartment on 5th Avenue in Manhattan and a $44 million estate in East Hampton.

All net worths are calculated using data drawn from public sources. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. We welcome all corrections and feedback using the button below.
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