Ira Rennert
$3.76B
as of 10/04/24
About Ira Rennert
Ira Rennert is the founder of the Renco Group, an industrial empire with estimated annual revenues of $5 billion.
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 to the U.S. 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.
Personal stats
Citizenship
United States of AmericaSource of wealth
InvestmentsResidence
New York, New YorkMarital status
MarriedBirth date
05/31/34 (age 90)Number of children
3Education
Bachelor of Arts/Science, Brooklyn College; Master of Business Administration, Leonard N. Stern School of BusinessSelf-made
self-madeIra Rennert’s fortune is worth
63K
troy ounces of gold
58K
median U.S. household
38K
median U.S. income
0.075%
U.S. credit card volume
0.015%
GDP of the United States
0.011%
United States debt
Net worth history
Annual ranking
Related people
Did you know?
Rennert has a 114,000-square-foot Hamptons estate with an assessed value of $267 million.
Net worth over time
Real-time ranking
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