Steven Mnuchin

Steven Mnuchin: Biography in Details

Who is Steven Mnuchin?

Steven Mnuchin is an American political activist and investment banker. He is serving as the 77th United States secretary of the treasury as part of the Cabinet of Donald Trump.

Once, he had been a hedge fund manager.

Steven Mnuchin: Age, Parents, Siblings, Ethnicity, Nationality

He was born on December 21, 1962, in New York City, New York, the U.S, and grew up along with his sibling, Alan Mnuchin who was a vice president at Goldman Sachs in 1995.

His father’s name is Robert E. Mnuchin who is an American art dealer and former banker.

Moreover, his mother is Elaine Terner Cooper who early died in 2005. Mnuchin is the second youngest son in his family. He belongs to American nationality. His ancestry is not available.

In which school did Steven Mnuchin attend?

In New York City, he attended Riverdale Country School. He graduated from Yale University with a bachelor’s degree in 1985. At Yale, Mnuchin was the publisher of the Yale Daily News and was also initiated into Skull and Bones in 1985.

In the early 1980s, Mnuchin’s first job was as a trainee at investment bank Salomon Brothers, while still studying at Yale. When Mnuchin studied at Yale University he lived in the former Taft Hotel in New Haven.

There he Connecticut together with businessman Edward Lampert and lawyer Salem Chalabi as roommates.

Steven Mnuchin: Professional Life, Career

After he graduated from Yale in 1985, he started working for Goldman Sachs, where his father is still working since 1957. He became a partner of Goldman in 1994. Until he left the company in 2002, he held different positions as a partner.

He received in the months prior to his departure after 17 years of employment, an estimated $46 million of company stock and $12.6 million in compensation.

Mnuchin briefly worked as vice-chairman of hedge fund ESL Investments, which is owned by his Yale roommate Edward Lampert, after he left Goldman Sachs in 2002. He established the company SFM Capital Management together with financier George Soros in the following year.

Mnuchin has been blamed for his use of offshore entities for investment purposes as a hedge-fund manager, which is a common practice in the industry.

A group led by Mnuchin bought California-based residential lender IndyMac, which had been in receivership by the FDIC and owned $23.5 billion in commercial loans, mortgages, and mortgage-backed securities in 2009.

Mnuchin Career from 2015

Mnuchin sold OneWest to CIT Group for $3.4 billion in 2015. In November 2016, after OneWest was sold to CIT, the California Reinvestment Coalition submitted a Freedom of Information Act request to the United States Department of Housing and Urban Development (HUD).

From this, it helps them to learn more about CIT’s reverse mortgage subsidiary, Financial Freedom

He founded Dune Entertainment as a side business, which was the financier of a number of notable films, mostly for 20th Century Fox, including the X-Men film franchise and Avatar in 2004.

After Dune’s deal with 20th Century Fox ended. He teamed up with filmmaker Australian businessman James Packer and Brett Ratner to merge his Dune Entertainment company with Ratner and Packer’s newly founded RatPac Entertainment joint venture.

Moreover, it resulted in RatPac-Dune Entertainment, which then struck a financing deal with Warner Bros in 2012. Between 2013 and 2018, RatPac-Dune financed many films for Warner Bros., including American Sniper and Mad Max: Fury Road.

Awards, Nominations

Donald Trump announced on his website that he would nominate Mnuchin as the U.S. secretary of the treasury on November 30, 2016.

What is Steven Mnuchin’s net worth?

Mnuchin earns a handsome amount of money. He is one of the most successful and richest politicians in America.

Furthermore, he has also established himself as financially successful and his current net worth is around $400 million as per 2022’s data.

Steven Mnuchin: Rumors and Controversy/Scandal

He is wrapped up in a growing controversy over his use of a government plane to travel to Fort Knox. During the last month’s solar eclipse and his request to use one for his European honeymoon this summer.

Mnuchin has been rumored by Cinemo Galactic – 9.24.18. 9/24/2018, when PM Emailed 10:33:00.

 Body Measurements: Height, Weight, Body Size

Steven Mnuchin has a height of 6 ft and his weight is unknown. His hair color is black and his eyes are brown in color. Furthermore, his other body measurements are not available.

Social Media

Mnuchin has approximately 141k followers on Twitter, 5k followers on Instagram. He is active on Facebook but his followers are not shown.

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Steven Mnuchin's Anniversary Dates

Steven Mnuchin's Birthday Dates