James P. Gorman is a well-known business executive who has been the Chairman and CEO of Morgan Stanley since 2010.
He is widely recognized as one of the most successful and influential figures in the world of finance, and his net worth and salary are often topics of discussion among those interested in the industry.
James P. Gorman Net Worth and Salary: How much does James P. Gorman Children make?
We will examine his background, his career trajectory, and his various sources of income, and attempt to provide an accurate estimate of his overall wealth.
James P. Gorman was born in Melbourne, Australia in 1958, and later moved to the United States to attend law school at the University of Melbourne. After completing his degree, he began his career in finance as a lawyer at the law firm Cravath, Swaine & Moore in New York City.
Gorman eventually transitioned to the world of investment banking, working at Merrill Lynch and Credit Suisse before joining Morgan Stanley in 2006. He quickly rose through the ranks of the company, becoming CEO in 2010 and adding the title of Chairman in 2012.
As of 2023, James P. Gorman’s net worth is estimated to be approximately $200 million. The vast majority of his wealth comes from his position as CEO of Morgan Stanley, where he reportedly earns an annual salary of around $30 million.
In addition to his salary, Gorman also holds a significant amount of stock in Morgan Stanley, which has contributed significantly to his overall net worth. According to filings with the Securities and Exchange Commission, he owns over 1.3 million shares of the company, worth approximately $100 million as of early 2023.
While it is difficult to say exactly how much James P. Gorman’s children make, it is safe to assume that they are well-compensated. Gorman has three children, and all of them are successful in their own right.
His oldest son, James Gorman Jr., is a lawyer who has worked for several prestigious law firms in New York City. His daughter, Katherine Gorman, is a fashion designer who has launched her own line of clothing, while his youngest son, William Gorman, is a successful entrepreneur who has founded several companies in the tech industry.
Given their respective careers, it is likely that James P. Gorman’s children make a significant amount of money. However, their exact salaries and net worths are not publicly available.