Randolph Lerner
$1.24B
as of 07/05/24
About Randolph Lerner
Randy Lerner owes his riches to his billionaire dad, Al Lerner (d. 2002), who made a fortune in credit cards.
His father got his start as a furniture salesman then invested in Cleveland-area real estate. He later bought control of Equitable Bancorp in 1981.
Equitable Bancorp merged with Maryland National to form credit card giant MBNA, which was acquired by Bank of America for $35 billion in 2005.
Personal stats
Citizenship
United States of AmericaSource of wealth
Banking, credit cardsResidence
Cleveland, OhioMarital status
MarriedBirth date
02/21/62 (age 62)Number of children
4Education
Bachelor of Arts/Science, Columbia University; LLB, Columbia UniversitySelf-made
inheritedRandolph 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
Related people
Did you know?
The Lerners bought the Cleveland Browns in 1999, bringing pro football back to the city. They sold the team to billionaire Jimmy Haslam for about $1 billion in 2012.
Net worth over time
Real-time ranking
Financial assets
NYSE | BAC-US
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