In this article, we will discuss Jon Corzine’s age, marital status, family, and net worth. Continue reading the conclusion for additional information. As per Celebritynetworth, Jon Corzine is an American banking executive, philanthropist, and political figure with a $350 million net worth.
Who is Jon Corzine?
Jon Stevens Corzine is a retired American financial executive and politician who served as a United States Senator from New Jersey from 2001 to 2006 and as the state’s 54th governor from 2006 to 2010.
Corzine tried for a second term as governor but was defeated by Chris Christie, a Republican. Previously a member of the Democratic Party and a Goldman Sachs employee, he served as CEO of MF Global from 2010 until its demise in 2011.
|Birth||January 1, 1947|
|Net Worth||$350 million|
|Relationship With||Joanne Dougherty|
Jon Corzine’s Education and Early Career in Business
Corzine, the son of Nancy June and Roy Allen Corzine Jr., was born in Taylorville, Illinois. Roy A. Corzine, Sr., his grandpa, served in the Illinois General Assembly. He grew raised on a tiny family farm near Taylorville, Illinois, in Willey Station.
After graduating from Taylorville High School, where he was quarterback and basketball captain, he attended the University of Illinois at Urbana–Champaign, where he was a member of Phi Delta Theta and earned Phi Beta Kappa honors in 1969.
During his college years, he joined the United States Marine Corps Reserve and served from 1969 to 1975, rising to the rank of sergeant. 1970 marked his enrollment at the University of Chicago Booth School of Business, from which he graduated in 1973 with a Master of Business Administration.
Jon Corzine in Goldman Sachs
Corzine joined Goldman Sachs in 1976 as a bond trader and was promoted to co-manager of the Fixed Income, Currencies, and Commodities Division the following year. In 1980, he became a partner and in 1984, a member of the management committee.
He was Goldman Sachs’ chief financial officer (1991–1994) and a senior partner (1994–1999). During his tenure as CEO, Corzine oversaw the company’s development into Asia and was key in guiding its transformation from a private partnership to a publicly traded company.
Jon Corzine as U.S. Senate
After being fired from Goldman Sachs in January 1999, Corzine ran for a New Jersey Senate seat following Frank Lautenberg’s retirement announcement. Despite initially being behind his opponent by 30 percentage points in the Democratic primary, Corzine won the nomination by 16 points.
Corzine was one of ten new senators elected to Congress, eight of whom were Democrats. According to U.S. News & World Report, the most notable new senators in 2000 were Corzine, Hillary Clinton, and Jean Carnahan.
During his five years as a senator, he was present for 1,503 of 1,673 votes, cosponsored 1,014 legislation, sponsored 145 measures, and saw one of his sponsored laws become law.
He also contributed to the selection of Senator John Edwards as Senator John Kerry’s running mate. In 2002, Corzine demanded Harvey Pitt’s resignation as chairman of the United States Securities and Exchange Commission.
Jon Corzine’s Committee Responsibilities
Corzine served on the Banking, Intelligence, Budget, Foreign Relations, Environment, and Energy and Natural Resources Committees in the Senate.
Jon Corzine’s Net Worth
Jon Corzine is an American banking executive, philanthropist, and political figure with a $350 million net worth. Former New Jersey governor Jon Corzine funded the majority of his first two campaigns by selling the Goldman Sachs shares he got after leaving the company in 1999.
Jon Corzine’s Campaigns for Governor of New Jersey
With 54% of the vote, the campaign for Governor of New Jersey was successful. A businessman and former mayor of West Windsor Township in Mercer County, Forrester garnered 43% of the vote. Corzine received 1,224,493 votes, while Forrester received 983,35. There were a total of 80,277 votes, or 3%, that went to other candidates.
13 of New Jersey’s 21 counties voted for Corzine: Atlantic, Bergen, Burlington, Camden, Cumberland, Essex, Gloucester, Hudson, Mercer, Middlesex, Passaic, Salem, and Union. Corzine won the three most populated counties, five of the six most populous counties, and seven of the nine most populous counties.
Corzine stood for reelection as New Jersey governor in the 2009 election. Rasmussen Reports suggested in January 2009 that previously announced Republican contender Chris Christie led Corzine 42% to 40%.
Other polls that month indicated that Corzine’s approval rating was 46% to 40%, but this was lower than his favorability rating, which was 42–44%. Corzine ultimately lost the contest to Christie by a margin of 48.5% to 44.9%, with Chris Daggett receiving 5.8% of the vote as an independent.
Jon Corzine’s Personal Life
Corzine wed his high school sweetheart, Joanne Dougherty, at the age of 22 in 1969, and their 33-year union produced three children: Jennifer, Josh, and Jeffrey. The pair divorced in November 2003 after separating in 2002.
Jeffrey Corzine, the younger son of Jon, committed suicide in Mexico on March 13, 2014, at the age of 31. Corzine and his wife had resided in Summit, New Jersey. After their split, Corzine relocated to a Hoboken condominium.
The Huffington Post announced in April 2010 that Jon Corzine and psychologist Sharon Elghanayan (née Levine), with whom he had been in a relationship since 2004, were engaged.
The New York Times reported that on November 23, 2010, Corzine married Elghanayan in a ceremony presided over by Stuart Rabner, chief justice of the New Jersey Supreme Court. Elghanayan is a Rutgers University and New York University graduate.