Howard Lutnick & family

Net worth over time

Biography

• Donald Trump tapped Howard Lutnick to co-chair his transition team, then named him America's 41st secretary of commerce.
• Lutnick lost both parents as a teenager, leaving him and his two siblings to take care of each other.
• After graduating from Haverford College, he got a job at the Wall Street firm of Cantor Fitzgerald, where he became a favorite of founder Bernie Cantor and eventually took control of the firm.
• The September 11, 2001 attack on the World Trade Center killed 658 of Cantor Fitzgerald's 960 New York employees, including Lutnick's younger brother, Gary.
• Thanks to an electronic trading business and savvy dealmaking, Lutnick rebuilt his empire, which employed more than 14,000 people by the time he joined the Trump administration in 2025.
• Lutnick's rise to power at Cantor Fitzgerald sparked a fight with the family of his mentor, Bernie Cantor, whose widow barred Lutnick from her husband's cemetery.
• Lutnick lived in a Trump Palace penthouse before purchasing a townhouse next door to Jeffrey Epstein, with whom a Lutnick spokesperson says he had no association.

Financial assets