Gallery

Name

Ira Rennert

Primary Residence

New York, New York

Education

Bachelor of Arts/Science, Brooklyn College | Master of Business Administration, Leonard N. Stern School of Business

Citizenship

United States

Forbes Self Made Score

Source Of Wealth

investments, Self Made

Net Worth

$3,800,000,000

Forbes Profile

https://www.forbes.com/profile/ira-rennert

Forbes 2019 Billionaires List Rank:

546

Forbes Philanthropy Score

Forbes List Rank One: Title

#546 Billionaires 2019

Forbes List Rank One: Link

https://www.forbes.com/billionaires/

Forbes List Rank Two: Title

#200 Forbes 400 2018

Forbes List Rank Two: Link

https://www.forbes.com/forbes-400/

Summary

Ira Rennert is the founder of the Renco Group, an industrial empire that claims to have revenues of over $5 billion annually. Renco's holdings include a stake in military truckmaker AM General, lead and zinc producer Doe Run Company, and U.S. Magnesium Corp., among others. His mother emigrated from Poland at age 3 and his father came from Romania at age 14. A Brooklyn native and former credit analyst, he began building his fortune by investing in junk bonds in the 1980s.In 2015 a court ruled that Rennert was liable for improperly diverting money from his business to pay for a lavish home in Southampton, New York.

Did you know?

Rennert reportedly donated funds to help restore the Western Wall in Jerusalem.Rennert has a 114,000-square-foot Hamptons estate with an appraised value of $249 million.

Age

Number of Children

Wikipedia

https://en.wikipedia.org/wiki/Ira_Rennert