Net Worth
Raymond j. McGuire, popularly known as Raymon McGuire is an American banker and a business person. He is also a political aspirant. As of 2022, his net worth is somewhere around $20 million.
Intro
Raymond McGuire is a 64 years old renowned American businessman and a banker who worked as an executive at one of the biggest multinational companies, Citigroup. He is currently working at the same company as the Global head of Corporate and Investment Banking, CIB. He is a group member of the Institutional Clients Group Executive Committee and Institutional Clients Group Business Practices Committee. He is also a candidate in the 2021 New York City mayoral election.
Main Earning Sources
Raymond McGuire has secured a very good amount of net worth which he earned from his career in finance over three decades. Currently he is the Global head of Corporate and Investment Banking, CIB at Citigroup and earns an annual salary of $400,000.
Career
McGuire started his career in finance more than 35 years ago in 1982 at First Boston. He worked at Merrill Lynch & Co., Inc. and was among the the original members of Wasserstein Perella & Co., Inc. He moved to Citigroup in 2005, but before that, he spent several years at Morgan Stanley where he served as the global co-head of investment banking.
McGuire was one of the highest-ranking and longest-serving African American business executives on Wall Street prior to announcing his candidacy for mayor. He was also selected as a candidate to serve as the president of the Federal Reserve Bank of New York. While working at Citigroup, he has served as a business advisor for the Time Warner Cable split, ConocoPhillips’ acquisition of Burlington Resources, Koch Industries’ acquisition of Georgia-Pacific, the sale of Electronic Data Systems to Hewlett-Packard, and others.
McGuire is the chairman of the Studio Museum in Harlem and was a bundler to Barack Obama’s presidential campaigns, and mentioned as a possible candidate for a position in the U.S. Department of the Treasury in 2013.
At the beginning of the last quarter of 2020, McGuire announced that he would contest in the 2021 New York City mayoral election and Valerie Jarrett was announced to serve as a co-chair of his campaign
Early life
Raymond McGuire was born in Dayton, Ohio on 23rd January, 1957 and was raised by his mother and grandparents. He attended the Hotchkiss School in Lakeville, Connecticut through scholarships. Later he graduated with a B.A. from Harvard College in 1979. He attended the University of Nice in France in 1980 on a Rotary Fellowship. He received an M.B.A. from Harvard Business School and a Juris Doctor from Harvard Law School in 1984.
Personal Life
McGuire is married to Crystal McCrary McGuire who is a television producer and a novelist. Including two step-children, McGuire has three children in his family.
Legal Issues
No legal issues were found against renowned business person, Raymond McGuire.
Interesting Facts
McGuire is the second husband of his wife. He had raised $5 million three months after the beginning of his campaign for the 2021 New York City mayoral election.
