Richard B Handler Net Worth is223.1 $Million
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Richard B. (Rich) Handler (born May 23, 1961), is currently Chairman, Chief Executive Officer, and President of Jefferies & Co. ("JEF"a??NYSE). Handler joined Jefferies in April 1990 and was appointed CEO on October 3, 2000. Jefferies is one of the largest independent investment banks with 3,859 employees in 30 offices located in 11 countries. Handler grew up in Fair Lawn, New Jersey and Woodcliff Lake, New Jersey. On November 12, 2012, Handler is CEO-Elect of Leucadia National and will assume that role in addition to his duties at Jefferies upon the closing of their announced merger (see below).
Handler was elected to Jefferies Board in 1998. He was the Managing Director of High Yield Capital Markets at Jefferies from May 1993 until February 2000, after co-founding that group as an Executive Vice President in April 1990. Handler was CEO of the Jefferies Partners Opportunity Family of Funds from 2000 until they matured in 2007 and is currently CEO of the successor funds: Jefferies High Yield Trading, LLC and Jefferies High Yield Holdings, LLC. All of these investment partnerships/broker dealers (Hedge Funds) invest/trade in high yield bonds, distressed securities, bank debt, trade claims, and leveraged equities for the benefit of Jefferies, Jefferies employees, and third party investors.
"For the 22 year period Mr. Handler has worked at Jefferies, Jefferies shares compounded annually at 17.5%. Since Mr. Handler joined Jefferies in 1990, he has always taken a significant portion of his compensation in equity form. For the 12 year period since he became CEO, 76% of Mr. Handlera??s compensation has consisted of non-cash equity related securities vesting over three to five years. Aside from charitable donations and the payment of taxes, Mr. Handler has never sold any of his Jefferies shares."
Richard Handler is also Chairman and CEO of the Handler Family Foundation, a personally funded non-profit working primarily with underprivileged children. Handler receive

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Richard B Handler Latest News

Jefferies to Coordinate Global Effort to Support Hurricane Harvey Relief

Richard B. Handler, Chairman and Chief Executive Officer of Jefferies, and Brian P. Friedman, Chairman of the Executive Committee, commented: "All of us at Jefferies are deeply saddened and concerned about the loss of life and devastation caused by ...
Posted: August 28, 2017, 12:50 pm

New Jersey Justice Will Retire, Allowing Whitman to Expand Her Legacy on Top Court

Justice Alan B. Handler of the New Jersey Supreme Court announced today ... now-tentative standing as a national model of excellence in jurisprudence,'' Senator Richard J. Codey, the Democratic leader, said in a statement. ''The turmoil caused by the ...
Posted: June 4, 1999, 6:00 pm

Jefferies CEO Frank Baxter to Relinquish Post

Frank E. Baxter, who helped rebuild Los Angeles-based ... down as chief executive but remain active in the company as chairman. Longtime Jefferies executive Richard B. Handler, 39, will become CEO, and John C. Shaw, 53, will remain president and chief ...
Posted: October 3, 2000, 5:00 pm
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