Howard Lutnick's net worth: From Wall Street heavyweight to Commerce Secretary
Howard Lutnick capped a more than 40-year career on Wall Street to become Commerce Secretary in Trump's Cabinet. Here’s how much Lutnick is worth and how he made his money.
Howard Lutnick is known for rebuilding the Wall Street firm Cantor Fitzgerald after it tragically lost the majority of its New York City workforce to the terror attacks on the World Trade Center on Sept. 11, 2001.
Now, Cantor is among the top investment banks in the U.S., and Lutnick has moved into public office after more than 40 years at the firm.
In February 2025, he was confirmed as the 41st Secretary of the Department of Commerce. As Commerce Secretary, some of Lutnick’s main responsibilities include overseeing trade agreements, enforcing trade laws, and promoting American businesses abroad.
