Lynn Tilton Net Worth : $830 Million (according to Forbes)
An American Trader, Investor and Industrialist
Source of Wealth
Business and Investments
MBA Degree in Finance from Columbia University
Lynn Tilton’s Income & Total Net Worth
Lynn Tilton, the famous industrialist and specialist in investment business, is one of the richest financiers on Wall Street. She has an estimated net worth of approximately $830 million. She earned her net worth through Patriarch Partners, LLC.
Lynn Tilton is the sole principal and Chief Executive Officer of Patriarch Partners, LLC. Tilton also holds stake in two cosmetic companies, namely “Stila Cosmetics” and “Jane Cosmetics”. She acquired “Stila Cosmetics” in April 2009 and “Jane Cosmetics” in September 2009. With the efforts of Tilton, Patriarch Partners have generated the revenue of over $8 billion. This company manages seventy-five companies across fourteen industry sectors.
Properties: Private Fortune
Besides running her private equity firm “Patriarch Partners” worth $8 billion, Lynn Tilton owns an umpteen number of luxurious houses in Florida, Arizona, Hawaii and Italy, having worth more than $60 million. She has her own helicopter to commute to her office in Manhattan. She owns jewellery worth $25 million, and flying machines worth $10 million.
Lynn Tilton’s Career
Tilton started her career in 1981, at Morgan Stanley, an American multi-financial services corporation. Until 1989, she worked as an investment banker for Goldman, Sachs & Co. and Merrill Lynch. She also served an executive at Long Drive Management Trust. In 2000, she founded Patriarch Partners. She provided strategic expertise to more than 150 companies. Currently, she runs more than 74 portfolio companies. She possesses two cosmetic companies.
Awards and Honours
- Lynn was honoured with “Turnaround Atlas Leadership Achievement Award” for excellence in distressed investing.
- She was named in “100 Leading Women in Automotive Industry”, in 2010.
- In 2011, she was honoured with “Entrepreneur of the Year”.
- She also received “Luminary Award” by women sphere.