Steven Mnuchin is a renowned American banker who currently works as the United States Secretary of the Treasury. He has had much success in his career which he began at an age of 17 years when he worked at the Goldman Sachs Bank. He has produced several films through which he was also a previously former hedge fund manager.
He also worked in the ESL Investments where he worked as the Vice-Chairman. He has founded a hedge fund known as the Dune Capital Management. Here is a quick summary of the biography, career, and net worth of Steven Mnuchin in 2019.
Early Life & Biography
Steven Mnuchin was born on 21st December 1962 in New York City in the United States with which his full name was Steven Terner Mnuchin. He was born to his parents Robert E. Mnuchin and Elaine Terner Cooper. In his family, he was the second youngest child. He then joined school the Riverdale Country School at the New York City.
He then later joined Yale University for his college studies through which he became a publisher and published Yale Daily News. He graduated from Yale University with a Bachelors of Arts degree. He currently acts as a board member of his previous schools in Riverdale Country School and on the development board in the Yale University.
Steven has been married for three times with his first marriage being on the year 1992 when he married Kathryn Leigh McCarver but later separated in the year 1999. He then married ‘Heather deforest Crosby’ in the year 1999 through the couple separated in the year 2014. He had three children with Heather who is known as John Mnuchin, Emma Mnuchin, and Dylan Mnuchin. Steven then married the third time on June 2017 in which he married Louise Linton who is an actress.
Career, Awards & Nominations
Steven Mnuchin began his career at a very young age in which he began working in the year 1985 at Goldman Sachs Bank from which he was on the mortgage department and later became a partner in the year 1994. He left Goldman Sachs Banks in the year 2002 has had a successful career with the bank. During all the period he was in the bank, he served different occupations which include; Chief Information Officer, Member of Executive Committee, Mortgage Securities Department and the Executive Vice President.
After leaving Goldman in 2002, he then joined the ESL Investments from which he became the Vice-President and then he co-founded another company known as SFM Capital Management together with another hedge fund known as Dune Capital Management. Together with his group, they later bought IndyMac in the year 2009 in which he became the CEO and the Chairman. IndyMac was then later renamed to OneWest. They sold OneWest to CIT Group at a worth of $3.4 billion. Steven has also founded RatPac-Dune Entertainment from which many films have been produced such as X-Men, and Avatar film series.
Steven Mnuchin has worked also as an executive producer on many films which include Annabelle, The Lego Movie, American Sniper, Mad Max: Fury Road, Winter’s Tale, Lights Out, In the Heart of the Sea, Wonder Woman, and Suicide Squad. He has had many achievements in his career in which one of his notable achievements is when he became the 77th United States Secretary of the Treasury.
Net Worth & Earnings
Steven Mnuchin has an estimated net worth of $420 Million. This comes from his fortunate earnings which have accrued from the success he has had in his career. He is well acquitted with business ventures which have seen him get many earnings. In addition, he is a producer of several movies and has many shares in different companies all contributing to his net worth.
Being one of the few successful bankers on their career line, he remains to be a mentor to many who are yearning to move in the same direction. Steven is additionally known for his human hearted through which he provides donations to non-profit youth organizations. During the presidential campaign of Donald Trump in 2016, he was his national finance chairman