Net Worth

Jimmy Cayne Net Worth

How rich is Jimmy Cayne?

Jimmy Cayne net worth is
$100 Million

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Jimmy Cayne Net Worth 2017, Biography & Wiki

Jimmy Cayne net worth: Jimmy Cayne was born in February 1934. He’s best known for being the former CEO of Bear Stearns. Jimmy grew up in Evanston, Illinois. He first worked as a traveling salesman and sold photocopiers. He became the Chairman of the Board in 2011. In 2008 he also played at a bridge contest while Bear Stearns was on the brink of insolvency. At the summit of Bear Stern’s success, Jimmy’s personal position in the business was worth more than $1 billion dollars. He adamantly never sold a share in the business and supported other Bear Sterns workers to follow his lead. Sadly, after the crash Jimmy sold his position in the business for $61 million. Ouch. He was identified by Time Magazine as among their 25 Individuals to Attribute for the Fiscal Disaster. Cayne was well known as really being a significant cannabis user. Cayne continues to be named by CNBC as among their “Worst American CEOs of All Time”. Jimmy is married and has one daughter and five grandchildren.

Quick Facts

Birth date: 1934-02-14
Nationality:United States
Spouse:Patricia Denner
Children:Allison Cayne Schneider
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