Males mostly dominate the hedge fund industry, but in the industrial realm, American businesswoman Karen Finerman has managed to crack down and establish herself in the world of hedge funds.
Karen is the president and co-founder of Metropolitan Capital Advisors, Inc. She is also a panelist on CNBC's show Fast Money.
What Is Karen Finerman's Net Worth?
Karen, 53, is an American businesswoman and television personality who has an astounding net worth of $100 million. According to SimplyHired.com, a panelist has an average salary of $62,097 per year. Well, she is gathering some decent amount of revenues as the panelist on CNBC Fast Money.
In 1992, she began her hedge fund which had a value of $4 million. However, Karen conquered the empire builders and earned the biggest bucks in the post-industrial world with her hedge fund inflating the worth up to $400 m. According to the reports, she makes $5 million per year and resides in a vast apartment on the Upper East Side.
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She is a co-founder of 'Metropolitan Capital Advisors, Inc.' and is a board member of 'GrafTech International, Ltd.' Her husband, Lawrence Golub is the CEO of the company, 'Golub Capital.' The Credit company has a balance sheet of over $4 billion and has lent more than $6 billion to various US middle market companies.
Shares Two Sets Of Twins With Business Executive Husband
Karen Finerman is married to American entrepreneur and business executive, Lawrence E. Golub. The couple tied their knot in 1993, and since then, they are together overlapping their interest in the business. Her husband, Lawrence is the CEO of Golub Capital and is an active philanthropist.
Karen Finerman and her husband, Lawrence Golub at the launch party for Karen's book, 'Finerman's Rules' on 4 June 2013 in New York (Photo: apimages.com)
The pair met each other on a blind date where Lawrence's Harvard law-school roommate set them up. Initially, she thought he got a basketball scholarship at Harvard, but she found that he was not good at basketball and was smart enough to secure the knowledge. The duo got close to each other and started a fund and discovered their shared interest towards business.
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Karen and her husband Lawrence shares four children, who are two sets of twins named Lucy, Jack, William and Kate. Their kids Lucy and Jack graduated from high school in June 2015. The couple resides in a vast apartment on the Upper East Side with their kids.
Family Life: Three Sisters, One Brother
The American businesswoman was born to a Jewish family and grew up in Beverly Hills, California. Her parents, Jane and Gerald Finerman used to buy her Calvin Klein clothes. In her family, she has sisters named Wendy, Leslie, and Stacey, and a brother named Mark.
Sadly, her mother Jade passed away, and the American businesswoman remembered her mother on 5 November 2013 through her tweet saying that she misses her a lot. Her sister, Wendy is the oldest and has inaugurated her path towards movie business. Her brother, Mark is a real estate financier and resides in Greenwich, Connecticut.
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The businesswoman's younger sister Leslie followed her footstep into finance and is Berkley graduate. Karen's youngest sister, Stacey, used to work at Wharton with Salomon Brothers. In 2008, Stacey went to work with Goldman Sachs and decided to become world-class Ironman competitor.
Karen Finerman was born on 25 February 1965 in California as Karen Lisa Finerman. At the age of 18, she graduated from Beverly Hills High School in California. As per wiki, she completed her B.S. in Economics with a concentration in Finance from the University of Pennsylvania's Wharton School in 1987.