Marc Gabelli is an American entrepreneur and investor known for his work with the Gabelli Group. After studying Marc thoroughly, we’ve gathered some helpful information to share.
Who is Marc Gabelli?
Marc Joseph Gabelli, an American entrepreneur and investor, is the son of Mario Gabelli. He currently holds the positions of Chairman of the Board of Directors and Chairman of the National Committee at the Gabelli Group. In addition to his successful career in entrepreneurship and investment, Marc Joseph Gabelli is renowned for his significant wealth portfolio. Marc has a net worth of $3 Million.
| Name | Marc Joseph Gabelli |
| Age | 56 Years Old (As of 2024) |
| Profession | American Entrepreneur and Investor |
| Net Worth | $3 Million |
Marc Gabelli’s Net Worth
Marc Gabelli’s estimated net worth is $3 million in 2024.
How does Marc Gabelli Earn Money?
Marc Gabelli earns money through various business ventures. Factors contributing to his net worth include his ownership of over 2842 units of Associated Capital Group, Inc. stock, valued at more than $2,133,145, and his salary of $85,000 as the associate director of the company. The Associated Capital Group, Inc. has 11 executives, with Mario Gabelli receiving the highest compensation at $5,719,610.
Marc Gabelli’s Age and Education
Marc Gabelli, born in April 1968, comes from a prosperous family in New York, USA. He is 56 years old. His father, Mario Joseph Gabelli, is a well-known stock investor and financial expert, while his mother, Elaine Gabelli, has been a teacher at the EMG Madonna Foundation.
Marc has three siblings: Mario Jr., Matthew, and Melissa. Marc Gabelli went to Fordham Preparatory School before attending Boston College, where he earned a bachelor’s degree in economics. Afterward, he pursued a Master’s degree in government at Harvard University and later completed a Master of Business Administration at the University of Massachusetts. His parents divorced before 1996, and his father remarried Regina Pitaro, who is also a successful financial professional who graduated from Fordham University.
Marc Gabelli’s Career
Marc Gabelli ventured into business by working in soft commodities, trading, and logistics at VanEkris & Stuett. In 1990, he joined Lehman Brothers, where he served in equity arbitration for four years until he resigned in 1994. That same year, he became the Chief Executive Officer of Gabelli Securities International Limited.
Besides this role, Marc Gabelli also serves as president of the Gabelli Group. In 2004, he became the chairman of MtronPTI, a company offering a wide range of frequency and spectrum control solutions. Additionally, in 2004, he was appointed chairman and CEO of the LGL Group, based in Florida, United States. In 2019, Marc Gabelli was appointed chairman of Associated Capital Group, Inc.
Marc Gabelli’s Controversy
In 2011, Marc Gabelli faced a trial for allegedly misleading investors with a Gabelli Mutual Fund, which negatively impacted several shareholders. Although Marc manages numerous funds within his father’s company, he was accused of committing fraud through the Gabelli Growth Fund.
FAQs
Who is Marc Gabelli?
Marc Gabelli is an American millionaire investor and entrepreneur.
What is Marc Gabelli’s Net Worth?
Marc Gabelli’s net worth is estimated to be $3 million as of 2024.
Is Marc Gabelli married?
Yes, he is married. Gabelli lives with his second wife, Regina Pitaro
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