Howard W.  Lutnick net worth and biography

Howard Lutnick Biography and Net Worth

Chairman of Newmark Group
Howard W. Lutnick is Chairman & CEO of BGC Partners Inc., a leading global brokerage and financial technology company; Chairman of Newmark Group, Inc. (which operates as Newmark Knight Frank), one of the world’s leading commercial real estate advisory firms; and Chairman & CEO of Cantor Fitzgerald L.P., one of the world’s leading financial services firms. CF Group Management, Inc. is the managing general partner of Cantor.

Mr. Lutnick is a graduate of Haverford College and holds a degree in economics. He joined Cantor in 1983 and was appointed President and CEO in 1991. Five years later he was named Chairman. He rebuilt the firm following the tragic losses suffered on September 11, 2001, and since then has fostered corporate philanthropy across BGC Partners and Cantor Fitzgerald through their annual Charity Day. Both firms, in conjunction with the Cantor Fitzgerald Relief Fund, donate 100% of their revenues from Charity Day to approximately 150 charities around the world and to date have raised approximately $159 million on Charity Day.

Since July 2014, Mr. Lutnick has served as Chairman of the Board and Chief Executive Officer of CF Finance Acquisition Corp., a special purpose acquisition company (the “Cantor SPAC”). Since February 2017, Mr. Lutnick has served as Chairman of the Board and Chief Executive Officer of each of Rodin Global Property Trust, Inc. and Rodin Income Trust, Inc., which are non-traded real estate investment trusts, or REITs. Mr. Lutnick served as Chairman of the Board of Directors of GFI Group Inc. (“GFI”) from February 26, 2015 through the closing of BGC’s merger with GFI in January 2016. Mr. Lutnick served on the Board of Directors of the Fisher Center for Alzheimer’s Research Foundation at Rockefeller University, the Board of Directors of the Horace Mann School, and Board of Directors of the Partnership for New York City. Mr. Lutnick is a member of the Board of Trustees for the National September 11 Memorial and Museum at the World Trade Center. Mr. Lutnick received the Department of the Navy’s Distinguished Public Service Award, the highest honor granted to non-military personnel by the Navy.

What is Howard W. Lutnick's net worth?

The estimated net worth of Howard W. Lutnick is at least $79.48 million as of June 14th, 2022. Mr. Lutnick owns 8,348,434 shares of Newmark Group stock worth more than $79,477,092 as of April 19th. This net worth estimate does not reflect any other assets that Mr. Lutnick may own. Additionally, Mr. Lutnick receives an annual salary of $20,000,000.00 as Chairman at Newmark Group. Learn More about Howard W. Lutnick's net worth.

How old is Howard W. Lutnick?

Mr. Lutnick is currently 62 years old. There are 3 older executives and no younger executives at Newmark Group. Learn More on Howard W. Lutnick's age.

What is Howard W. Lutnick's salary?

As the Chairman of Newmark Group, Inc., Mr. Lutnick earns $20,000,000.00 per year. Learn More on Howard W. Lutnick's salary.

How do I contact Howard W. Lutnick?

The corporate mailing address for Mr. Lutnick and other Newmark Group executives is 125 PARK AVENUE, NEW YORK NY, 10017. Newmark Group can also be reached via phone at (212) 372-2000. Learn More on Howard W. Lutnick's contact information.

Has Howard W. Lutnick been buying or selling shares of Newmark Group?

Howard W. Lutnick has not been actively trading shares of Newmark Group in the last ninety days. Most recently, on Tuesday, June 14th, Howard W. Lutnick bought 329,000 shares of Newmark Group stock. The stock was acquired at an average cost of $9.11 per share, with a total value of $2,997,190.00. Following the completion of the transaction, the chairman now directly owns 8,348,434 shares of the company's stock, valued at $76,054,233.74. Learn More on Howard W. Lutnick's trading history.

Howard W. Lutnick Insider Trading History at Newmark Group

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
6/14/2022Buy329,000$9.11$2,997,190.008,348,434View SEC Filing Icon  
5/23/2022Buy277,000$10.83$2,999,910.008,019,434View SEC Filing Icon  
2/23/2022Buy9,800$16.75$164,150.00View SEC Filing Icon  
2/14/2022Buy50,000$16.53$826,500.00View SEC Filing Icon  
2/11/2022Buy227,000$17.36$3,940,720.00View SEC Filing Icon  
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Howard W. Lutnick Buying and Selling Activity at Newmark Group

This chart shows Howard W Lutnick's buying and selling at Newmark Group by year and by quarter.

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Newmark Group Company Overview

Newmark Group logo
Newmark Group, Inc. provides commercial real estate services in the United States, the United Kingdom, and internationally. The company offers capital markets consisting of investment sales and commercial mortgage brokerage; landlord or agency representation leasing; valuation and advisory; property management; commercial real estate technology platform and capabilities; the United Kingdom business rates services; due diligence, consulting, and other advisory services; GSEs and the Federal Housing Administration lending services comprising multifamily lending and loan servicing; asset management; and flexible workspace solutions for owners. It also provides tenant representation leasing; and global corporate services consisting of workplace and occupancy strategy, energy and sustainability services, technology, project management, real estate and lease administration, and facilities management. The company offers its services to commercial real estate tenants, investors, owners, occupiers, and developers; lenders; small and medium size businesses; and multi-national corporations. The company was formerly known as Newmark Grubb Knight Frank Capital Group and changed its name to Newmark Group, Inc. in October 2017. Newmark Group, Inc. was founded in 1929 and is based in New York, New York. Newmark Group, Inc. is a subsidiary of Cantor Fitzgerald, L.P.
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Today's Range

Now: $9.57
Low: $9.44
High: $9.73

50 Day Range

MA: $10.65
Low: $9.51
High: $11.33

2 Week Range

Now: $9.57
Low: $5.07
High: $11.51

Volume

630,366 shs

Average Volume

1,042,327 shs

Market Capitalization

$1.65 billion

P/E Ratio

38.28

Dividend Yield

1.26%

Beta

1.97