Norma Lerner

$1.24B
as of 07/05/24

About Norma Lerner

Norma Lerner is the widow of Al Lerner (d. 2002), who made a fortune as founder of credit card giant MBNA.

Al started his career as a furniture salesman, invested in Cleveland-area real estate and bought control of Equitable Bancorp in 1981.

Equitable Bancorp and Maryland National formed the credit card giant MBNA, which was acquired by Bank of America for $35 billion in 2005.

Personal stats

Citizenship

United States of America

Source of wealth

Banking

Residence

Cleveland, Ohio

Marital status

Widowed

Birth date

03/28/36 (age 88)

Number of children

2

Self-made

inherited

Norma Lerner’s fortune is worth

21K

troy ounces of gold

19K

median U.S. household

12K

median U.S. income

0.025%

U.S. credit card volume

0.005%

GDP of the United States

0.004%

United States debt

Net worth history

Annual ranking

Did you know?

The family sold the English football club Aston Villa for $88 million to Chinese businessman Tony Xia in 2016 after a decade of ownership.

Net worth over time

Real-time ranking

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