Explore Richard B. Handler net worth, age, height, bio, birthday, wiki, and salary! In this article, we will discover how old is Richard B. Handler? Who is Richard B. Handler dating now & how much money does Richard B. Handler have?
| Name | Richard B. Handler |
| First Name | Richard |
| Last Name | B. Handler |
| Occupation | Financier |
| Birthday | May 23 |
| Birth Year | 1961 |
| Place of Birth | |
| Home Town | |
| Birth Country | United States |
| Birth Sign | Gemini |
| Full/Birth Name | |
| Father | Not Available |
| Mother | Not Available |
| Siblings | Not Available |
| Spouse | Martha Hunt Handler |
| Children(s) | Not Available |
Richard B. Handler Biography
Richard B. Handler is one of the most popular and richest Financier who was born on May 23, 1961 in United States.
The son of Alan and Jane Handler, grew up in New Jersey, graduating in 1979 from Pascack Hills High School in Montvale. Handler received a BA in economics from the University of Rochester in 1983 and an MBA from Stanford University in 1987. Before graduate school, he worked as an investment banker at First Boston, and afterwards he worked as a junk bond trader for Michael Milken at Drexel Burnham Lambert.
Handler joined Jefferies in April 1990 as a salesman and trader and was appointed CEO on January 1, 2001, Chairman in 2002. During his time at Jefferies, between 1990 and 2012, shares compounded annually at 22%. In 2010, Handler received a total CEO compensation of $13.4 million, making him the 72nd best paid CEO according to Forbes.
Richard B. “Rich” Handler (born May 23, 1961) is an American businessman, and the chairman and chief executive officer (CEO) of Jefferies Group. Handler is also the CEO of Leucadia.
Richard B. Handler Net Worth
Richard is one of the richest Financier from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Richard B. Handler's net worth $5 Million. (Last Update: January 13, 2024)
| Net Worth | $5 Million |
| Salary | Under Review |
| Source of Income | Financier |
| Cars | Not Available |
| House | Living in own house. |
On November 12, 2012, Jefferies announced its merger with Leucadia, its largest shareholder. At that time, Leucadia common shares were trading at $21.14 per share. As of December 31, 2015, Leucadia shares were trading at $17.39 per share. In March 2013, Jefferies merged with Leucadia, and Handler became CEO of both companies.
In August 2012, Handler played a lead role in saving Knight Capital Group after they suffered a $440 million loss due to a ‘technology glitch.’ Together with Brian Friedman, Handler structured and led the rescue, which included making Jefferies the largest shareholder with an investment of $125 million.
Ethnicity, religion & political views
Many peoples want to know what is Richard B. Handler ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Richard B. Handler's ethnicity is Not Known. We will update Richard B. Handler's religion & political views in this article. Please check the article again after few days.
In 2012, Handler’s pay package amounted to $19 million, more than that of chief executives at some of the largest banks, such as Jamie Dimon of JPMorgan Chase. In February 2015, however, Handler turned down a $2.2 million bonus after Jefferies experienced a difficult last quarter of 2014. The bank’s president, Brian P. Friedman, turned down a bonus in the same amount. Each man’s long-term stock compensation for the year 2014 was also reduced by 67,000 shares, worth about $1.5 million.
Who is Richard B. Handler Dating?
According to our records, Richard B. Handler married to Martha Hunt Handler. As of January 13, 2024, Richard B. Handler’s is not dating anyone.
Relationships Record: We have no records of past relationships for Richard B. Handler. You may help us to build the dating records for Richard B. Handler!In April 2012, Handler and Chairman of the Jefferies Executive Committee Brian Friedman formed the Jefferies Global Senior Advisory Board, which now includes James D. Robinson III, Lord Hollick, Michael Goldstein, Bernard Bourigeaud, Dennis Archer, Sir David Reid, Gilles Pélisson, and G. Richard Wagoner.
Height, Weight & Body Measurements
Richard B. Handler height Not available right now. Richard weight Not Known & body measurements will update soon.
| Height | Unknown |
| Weight | Not Known |
| Body Measurements | Under Review |
| Eye Color | Not Available |
| Hair Color | Not Available |
| Feet/Shoe Size | Not Available |
In November 2011, ratings company Egan-Jones issued a negative report regarding Jefferies that caused a 20% decline in the Jefferies stock price minutes after the opening bell the following morning. This report was found to contain a number of inaccuracies: Jefferies was accused of having 77% of its shareholder’s equity tied up in the same illiquid sovereign debt securities that had just toppled MF Global, neglecting to mention that the position had been hedged, supposedly offsetting exposure. Chris Kotowski of Oppenheimer & Co. made public statements pointing out additional figures in the Egan-Jones report that were ‘so grotesquely wrong they should immediately jump off the page to anyone remotely familiar with the numbers.’ This included the false claim that Jefferies revenue had declined 37.8% annually over the previous ‘couple of years.’ In fact, Jefferies net revenues actually increased by 154% from 2008 to 2011 according to company filings. The Egan-Jones report was described by Kotowski in his research report from November 23, 2011 titled “Another Hack Attack” as ‘flat out wrong’, and was followed by what Richard Handler characterized as a multi-week public attack on Jefferies by Sean Egan. Handler and the Jefferies management team responded with unprecedented immediacy and transparency, collapsing 75% of this sovereign debt position in a matter of days to prove the bonds were hedged and highly liquid, sharply reducing the rest of Jefferies balance sheet, and publicly addressing the accusations on an almost daily basis. This aggressive and unconventional response resulted in an eventual rebound in Jefferies share price from the November lows.
Facts & Trivia
Richard Ranked on the list of most popular Financier. Also ranked in the elit list of famous people born in United States. Richard B. Handler celebrates birthday on May 23 of every year.
Is Richard Handler a billionaire?
In the last year, Jefferies’ stock rose 42% in the last year, making Handler a billionaire.
What is Richard Handler worth?
Top that up with cash bonuses, real estate-interests and private partnership stakes, and his wealth now exceeds $1 billion, according to the Bloomberg Billionaires Index. Clad in his typical polo shirt and khakis and with an Eli Manning bobblehead nodding along on his desk, Handler ticks off wins and grievances.
How many shares of Jefferies does Rich Handler own?
Handler continues to own a direct stake of 11,892,029 shares of Jefferies, a 5.8% stake. Leucadia now holds 56,506,024 Jefferies shares indirectly, representing a 27.95% stake. Handler has been CEO of Jefferies since January 2001 and chairman since 2002.
Who is billionaire CEO Rich Handler?
Richard B. “Rich” Handler (born May 23, 1961) is an American businessman, and chief executive officer (CEO) of Jefferies Group since 2001; one of the longest-serving CEOs on Wall Street. Handler is also the CEO of Jefferies Financial Group, Inc, a diversified financial services company.
Who owns Leucadia?
Leucadia Asset Management is a division of Jefferies Financial Group Inc. (NYSE: JEF). About Jefferies Financial Group Inc. Jefferies Financial Group Inc. is a diversified financial services company engaged in investment banking and capital markets, asset management and direct investing.
You may read full biography about Richard B. Handler from Wikipedia.ncG1vNJzZmiZnKGzornOrqqboaKptaWt2GeaqKVfp7aktMCrm2aaXZ2ur7DLnqlo