Gary Cohn or also known as Gary David Cohn is an investment banker of America. He was the 11th Director of the NEC that is the National Economic Council which is the forum used by American President to consider certain economic policy. From the year 2017 till the year 2018, he served as President Donald Trump’s chief economic adviser. Let’s find out Gary Cohn’s net worth in 2018.
Gary Cohn Early Life
Gary Cohn was born in the year 1960 on August 27 in Ohio in America. He was born into the Eastern European Jewish family, and his father who was previously an electrician later took the job of being a real estate developer. He attended a total of 4 schools when he reached sixth grade.
At a young age, Cohn got diagnosed with dyslexia. He studied at a boarding school situated in Cleveland named Gilmour Academy. Gary Cohn graduated from the Kogod School of Business of American University. The subjects in which he majored were – Finance, Urban Development, and Real Estate. He graduated from the same in the year 1982 with a degree in Business administration.
Gary Cohn Career
Gary Cohn began his career first at America’s steel production headquarter named United States Steel Corporation. He worked at the Cleveland Division of the steel company. Later, he started working at the New York Mercantile Exchange as an options dealer. In the year 1990, Gary was recruited by an American multinational investment bank named Goldman Sachs.
He became the head of the commodities department in the year 1996. In the years 2002 and the year 2003, Gary Cohn became the head of the FICC division which is the Fixed Income, Currency, and Commodities and became the co-head of Equities. He also became the co-head of global securities business in the year 2004.
In the year 2006, he became the president and co-chief operating officer and director. In the year 2009, a delegation was led by Cohn from the Goldman Sachs to conducting meetings with Greece’s government, and he testified to Congress in the year 2010.
Awards and Achievements
Gary Cohn became the director of National Economic Council in the year 2017 on 20th January. He was named the economic-policy powerhouse by The Wall Street Journal. Some other nicknames which he received were Globalism Gary and Carbon Tax Cohn. In the year 2018, Gary Cohn resigned from the position of Trump’s economic adviser.
Net Worth of Gary Cohn
The net worth of Gary Cohn is estimated to be around $400 million. He is considered to be the richest White House Official during the Trump Administration. While working at the Goldman Sachs, he received $22 million. Hence, all these accounts for such net worth.
Gary Cohn is considered to be a powerful investment banker. Other than that, both he and his wife are said to be the board member of the New York University Child study center. They are the founder of this center. He is also a member of the Security Industry and Financial Markets Association’s Treasury Borrowing Advisory Committee.