Rick Santelli Net Worth is$3 Million
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Profession: Trader, Commentator, Reporter, Editor
Date of Birth: Jan 12, 1953
Rick Santelli is an Illinois-born commentator and trader with an estimated net worth of $3 million dollars. Rick Santelli is a commentator for CNBC and appears 12 to 16 times per day reporting on trading from the Chicago Board of Trade. He was formerly the Vice President of Interest Rate Futures and Options at Drexel Burnham Lambert, before joining CNBC in 1999.
Rick Santelli is an American on-air editor for the CNBC Business News network. He joined CNBC as an on-air editor on June 14, 1999, reporting primarily from the floor of the Chicago Board of Trade. He was formerly the vice president for an institutional trading and hedge fund account for futures-related products. He is also credited with being a catalyst in the early formation of the Tea Party movement via a statement he made on February 19, 2009.
In the course of his normal production schedule at CNBC Business, Santelli appears on-air approximately 12 to 16 times a day.
The grandson of four Italian immigrants, Santelli was born near Taylor Street in Chicago's old Italian neighborhood and at age 6 moved with his family to Lombard, Illinois. After graduating from Willowbrook High School in Villa Park, Illinois, Santelli graduated from the University of Illinois at Urbana-Champaign and has been a member of the Chicago Mercantile Exchange and the Chicago Board of Trade. He began his career in 1979 as a trader and order filler at the Chicago Mercantile Exchange in markets that included gold, lumber, CD's, T-bills, foreign currencies, and livestock. While at the University of Illinois at Urbana-Champaign, Santelli joined Alpha Sigma Phi fraternity.
After college, Santelli began trading in 1979 at the Chicago Mercantile Exchange in various markets, including commodities, CD's, Treasuries, and currencies.
During the time he spent as a financial trader and executive, Santelli worked for Drexel Burnham Lambert as the Vice President of Interest Rate Futures and Options.
In the 1990s, Santelli felt that the financial industry was changing in a way "not beneficial to me and my family", and in 1999, accepted a full-time job with CNBC.
Santelli drew attention for his remarks made on February 19, 2009, about the Homeowners Affordability and Stability Plan. While broadcasting from the floor of the CME Group during pre-market hours, Santelli accused the government

Rick Santelli Net Worth, 3.3 out of 5 based on 39 ratings

Rick Santelli Latest News

Closing Bell Exchange: All the news is positive

Discussing the current state of the markets with Jason Browne, Fund X Investment Group; Kenny Polcari, O’Neil Securities; and CNBC’s Rick Santelli.
Posted: October 19, 2016, 1:02 pm

Financial expert to speak on national debt as part of leadership series

Lacker, president and CEO of the Federal Reserve Bank of Richmond, and Brian Rogers, chairman and CIO of T. Rowe Price. Rick Santelli, the fearlessly opinionated on-air editor of CNBC, who reports live from the floor of the Chicago Mercantile Exchange ...
Posted: October 23, 2016, 12:35 am

Why Inflating Wall Street Won't Create A Gold Stock Bull Cycle

CNBC commentator Rick Santelli recently flew into a rage when hearing the news that Janet Yellen may try to seek congressional approval to buy stocks. The average working class person in the Western world can’t afford to live normally anymore ...
Posted: October 18, 2016, 6:58 pm
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