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 41 ratings
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Rick Santelli Latest News

Santelli: Don't let the crowd fool you into following the low VIX

It may not be a good idea to follow trends, said Rick Santelli on CNBC's Squawk Alley, because when traders do the same thing it rarely ends well. As the CBOE Volatility Index, or VIX, approaches a new quarter-century low, Santelli warned investors against ...
Posted: May 8, 2017, 5:00 pm

CNBC’s Santelli on First Quarter GDP: ‘Holy Cow, Better Than Expected’

Friday on CNBC’s “Squawk Box,” network CME Group floor reporter Rick Santelli reacted the unveiling of the first quarter of 2018 gross domestic product number, which came in at 2.3 percent and beat expectations.
Posted: April 27, 2018, 12:42 pm

Santelli, Friedman duke it out over “Ponzi scheme”

Rick Santelli gave it a workout on CNBC today against the New York Times’ Thomas Friedman, who ends up sputtering into ad hominems when he can’t counter Santelli’s arguments about the nature of a collective that can’t pay out on its promises ...
Posted: June 15, 2018, 3:01 pm
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