Read about Michael Corbat net worth, age, wife, children, height, family, parents, salary and Citigroup as well as other information you need to know.
Introduction
Michael Corbat is an American national and well-known as a former Citigroup CEO Michael Corbat. He is a banker and served as the chief executive officer of Citigroup from 2012 to 2021.
Career
| Name | Michael Corbat |
| Net Worth | $10 million |
| Occupation | Banker, Former CEo |
| Age | 62 years |
| Height | 1.75m |
Michael Corbat was born on May 2, 1960 (age 62 years) in Bristol, Connecticut, United States. Her husband Corbat graduated from Harvard University in 1983 with a Bachelor of Arts degree in economics, where he also played offensive guard for the school’s football team. He was a two-time all-Ivy League and was selected as the first-team College Football All-America Team in NCAA Division I-AA in 1982.
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He was the first Harvard player to be selected since Dan Jiggetts in 1975. Corbat worked at Citi or its predecessor companies for his entire career, starting with Salomon Brothers. He served as Head of Citi’s Global Corporate Bank and Global Commercial Bank and CEO of Citi’s Global Wealth Management (consisting of Smith Barney and the Citi Private Bank).
As CEO of Citi Holdings, he was responsible for and led the divestiture of a portfolio of non-core business and assets following the financial crisis of 2008 and Citi’s participation in the Troubled Asset Relief Program (TARP). In 2011, he was named CEO of Europe, Middle East and Africa (EMEA) where he oversaw all Citi operations in the region. In October 2012, Mike Corbat was appointed CEO of Citi after Vikram Pandit’s resignation.
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In September 2020, Citigroup announced Corbat’s retirement, to be effective in February 2021. Jane Fraser was appointed to assume as CEO after Corbat, becoming the First Female CEO of a Top-Tier Investment B ank. Michael Corbat’s remarkable achievements have earned him some luxurious lifestyles and some fancy cars trips. Michael Corbat stands at an appealing height of 1.75m and has a good body weight which suits his personality.
Husband
Michael Corbat is married to Donna Corbat, they had their wedding in the United States. The couple has two children as of March 2023.
Michael Corbat net worth
How much is Michael Corbat worth? Michael Corbat net worth is estimated at around $10 million. His main source of income is from his primary work as a banker and former CEO. Michael Corbat’s salary per month and other career earnings are over $400,000 dollars annually. His remarkable achievements have earned him some luxurious lifestyles and some fancy car trips. He is one of the richest and most influential former CEO’s in the United States.