Who Is Richard S. Fuld Jr.? Age, Biography and Wiki
Richard S. Fuld Jr. was born on April 26, 1946, making him 78 years old as of 2025. He is best known as the former CEO of Lehman Brothers, a global financial services firm that filed for bankruptcy in 2008, a major event in the financial crisis. Fuld has been a controversial figure in financial history, often linked to the demise of one of Wall Street's most famed firms and a pivotal moment in the global economy.
| Occupation | Executives |
|---|---|
| Date of Birth | April 26, 1946 |
| Age | 79 Years |
| Birth Place | New York City, U.S. |
| Horoscope | Taurus |
| Country | U.S |
Popularity
Richard S. Fuld Jr.'s Popularity over time
Height, Weight & Measurements
While specific details about Richard Fuld's height and weight may not be widely documented, estimates suggest that he stands around 6 feet tall. Information regarding his weight and other physical measurements is not publicly available, focusing more on his professional traits rather than personal physical characteristics.
Family, Dating & Relationship Status
Richard Fuld has generally kept his personal life private. He was previously married to Kathleen Fuld, and the couple has three children together. In recent years, there have been no public indications of a new romantic partner or significant changes in his relationship status. Whether he is currently dating or in a new committed relationship remains largely out of the spotlight.
Net Worth and Salary
As of 2025, Richard S. Fuld Jr.'s net worth is estimated to be around $300 million. This substantial wealth is attributed to his extensive career in finance, particularly during his tenure at Lehman Brothers, where he was instrumental in driving the firm’s growth. Although the bankruptcy of Lehman Brothers impacted his financial standing, Fuld made strategic investments and has participated in various business ventures that have contributed to his overall earnings.
Fuld's first potential career as an Air Force officer came to an end when he got into a fistfight with an upperclassman cadet commanding officer. He said he had been defending another young cadet who was being taunted by the senior cadet. Fuld then began his career with Lehman Brothers in 1969, the year the firm's senior partner Robert Lehman died.
Fuld started trading commercial paper and developed a reputation as an accomplished fixed income trader.
Career, Business and Investments
Richard Fuld's career spans several decades in the banking and investment sector. After earning his degree from the University of Colorado Boulder, he joined Lehman Brothers in 1969. He ascended through the ranks, becoming the CEO in 1994. Fuld was known for his aggressive strategy and risk management approach, which ultimately led to his company's collapse during the 2008 financial crisis.
Post-Lehman, Fuld has shifted his focus to private equity and continues to consult in the financial industry. He remains an influential figure, with ongoing interests in various business ventures and investments in real estate and finance.
Richard Severin Fuld Jr. (born April 26, 1946) is an American banker best known as the final chairman and chief executive officer of investment bank Lehman Brothers. Fuld held this position from April 1, 1994 after the firm's spinoff from American Express until September 15, 2008.
Lehman Brothers filed for bankruptcy protection under Chapter 11 on September 15, 2008, and subsequently announced the sale of major operations to parties including Barclays Bank and Nomura Securities.
Social Network
Richard S. Fuld maintains a low profile on social media. As of 2025, he does not have a prominent presence on platforms like Twitter, Instagram, or Facebook. Most of his public appearances and statements come through interviews or industry panels rather than personal social networking.
Fuld was said to have underestimated the downturn in the US housing market and its effect on Lehman's mortgage bond underwriting business. Fuld was already the longest-tenured CEO on Wall Street and kept his job as the subprime mortgage crisis took hold, while CEOs of rivals like Bear Stearns, Merrill Lynch, and Citigroup were forced to resign.
In addition, Lehman's board of directors, which included retired CEOs like Vodafone's Christopher Gent and IBM's John Akers, were reluctant to challenge Fuld as the firm's share price spiraled lower.
Education
Fuld’s education played a significant role in shaping his career. He graduated from the University of Colorado Boulder with a Bachelor of Arts in Economics, which laid the groundwork for his future in banking. His academic background has been fundamental in his approach to financial strategies and risk assessment throughout his career.
