Howard W. Lutnick is Chairman & CEO of BGC Partners Inc., a leading global brokerage and financial technology company; Chairman of Newmark Group, Inc. (which operates as Newmark Knight Frank), one of the world’s leading commercial real estate advisory firms; and Chairman & CEO of Cantor Fitzgerald L.P., one of the world’s leading financial services firms. CF Group Management, Inc. is the managing general partner of Cantor.
Mr. Lutnick is a graduate of Haverford College and holds a degree in economics. He joined Cantor in 1983 and was appointed President and CEO in 1991. Five years later he was named Chairman. He rebuilt the firm following the tragic losses suffered on September 11, 2001, and since then has fostered corporate philanthropy across BGC Partners and Cantor Fitzgerald through their annual Charity Day. Both firms, in conjunction with the Cantor Fitzgerald Relief Fund, donate 100% of their revenues from Charity Day to approximately 150 charities around the world and to date have raised approximately $159 million on Charity Day.
Since July 2014, Mr. Lutnick has served as Chairman of the Board and Chief Executive Officer of CF Finance Acquisition Corp., a special purpose acquisition company (the “Cantor SPAC”). Since February 2017, Mr. Lutnick has served as Chairman of the Board and Chief Executive Officer of each of Rodin Global Property Trust, Inc. and Rodin Income Trust, Inc., which are non-traded real estate investment trusts, or REITs. Mr. Lutnick served as Chairman of the Board of Directors of GFI Group Inc. (“GFI”) from February 26, 2015 through the closing of BGC’s merger with GFI in January 2016. Mr. Lutnick served on the Board of Directors of the Fisher Center for Alzheimer’s Research Foundation at Rockefeller University, the Board of Directors of the Horace Mann School, and Board of Directors of the Partnership for New York City. Mr. Lutnick is a member of the Board of Trustees for the National September 11 Memorial and Museum at the World Trade Center. Mr. Lutnick received the Department of the Navy’s Distinguished Public Service Award, the highest honor granted to non-military personnel by the Navy.
What is Howard W. Lutnick's net worth?
The estimated net worth of Howard W. Lutnick is at least $126.73 million as of June 14th, 2022. Mr. Lutnick owns 8,348,434 shares of Newmark Group stock worth more than $126,729,228 as of November 15th. This net worth estimate does not reflect any other assets that Mr. Lutnick may own. Additionally, Mr. Lutnick receives an annual salary of $20,000,000.00 as Chairman at Newmark Group. Learn More about Howard W. Lutnick's net worth.
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Has Howard W. Lutnick been buying or selling shares of Newmark Group?
Howard W. Lutnick has not been actively trading shares of Newmark Group in the last ninety days. Most recently, on Tuesday, June 14th, Howard W. Lutnick bought 329,000 shares of Newmark Group stock. The stock was acquired at an average cost of $9.11 per share, with a total value of $2,997,190.00. Following the completion of the transaction, the chairman now directly owns 8,348,434 shares of the company's stock, valued at $76,054,233.74. Learn More on Howard W. Lutnick's trading history.