Michael D Fascitelli Net Worth is171.7 $Million
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Michael D. Fascitelli is CEO, President and a Trustee of the Board of Vornado Realty Trust. He also is President and a Trustee of Alexander's Inc. and on the Board of Toys "R" Us.
Mr. Fascitelli grew up in Providence, Rhode Island. One of two sons to a tailor and a seamstress. He was the first in his family to go to college, and is a heartwarming rags to riches story.
He is a member of the Class of 1978 of the University of Rhode Island where he received his B.S. in Industrial Engineering Summa Cum Laude. After graduating from URI, Mr. Fascitelli joined the Bristol-Myers Company. In 1982 he received his MBA with highest distinction from the Harvard Graduate School of Business Administration. After graduating from Harvard in 1982, Mr. Fascitelli joined McKinsey & Company, Inc., a management-consulting firm.
He was head of the real estate investment banking business of Goldman, Sachs & Co. and served on the Investment Committee for the Whitehall Real Estate Fund. He joined Goldman, Sachs & Co. in 1985 in the Real Estate Department and became a partner in 1992.
In 1996 Vornado Chairman billionaire Steven Roth lured Fascitelli to Vornado with an offer at the time worth 50 million dollars. The number had risen substantially as since Mr. Fascitelli has been at Vornado it has become the second largest REIT in the country.
Mr. Fascitelli has been active over the years in the real estate industry and his community. He is a trustee of the Urban Land Institute. He is Chairman of the Wharton Real Estate Center and Executive Committee. He serves on the Board of the New York University Child Study Center, The Rockefeller University Board of Trustees and St. Bernard's Board of Trustees. From the Greater New York Councils Boy Scouts of America he received the Good Scout award and the James E. West Fellow award in 1997 and he received the Silver Beaver Award in 2003. In May 2008, he received his Doctor of Laws from the University of Rhode Island.
In 2007 he was als

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Michael D Fascitelli Latest News

Will the $1.3M Brookings study of RI’s economy do any good?

The $1.3 million is coming from a small group of backers: the Rhode Island Foundation; another local nonprofit that has yet to be publicly identified; The Fascitelli Foundation, a nonprofit endowed by the wealthy real-estate executive Michael D.
Posted: August 12, 2015, 3:28 pm

Williamsburg nail salon | Fitness Evolution goes under | Jill Stuart on Broome St.

Listings are in order of transaction value. The information was obtained from Thomson Reuters. Vornado Realty Trust (VNO) Michael D. Fascitelli, director, sold 400,000 shares of common stock at prices ranging from $101.33 to $102.39 on Oct. 10, in a ...
Posted: October 29, 2014, 9:31 am

A Partner At Goldman Leaves for $50 Million

What does it take to get a partner at Goldman, Sachs & Company to resign his lucrative post? Even more money. Michael D. Fascitelli, 40, quit the Wall Street partnership yesterday to become president of the Vornado Realty Trust of Saddle Brook, N.J., for a ...
Posted: December 2, 1996, 4:00 pm
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