Scaramucci Net Worth

Anthony Scaramucci, also known as "The Mooch," is a American financier, entrepreneur, and former politician who has made headlines for his controversial and short-lived stint as the White House Communications Director under President Donald Trump. Born on January 6, 1964, in Long Island, New York, Scaramucci has built a successful career in finance, founding several companies, including Oscar Capital Management and SkyBridge Capital. His net worth is estimated to be around $200 million, accumulated through his various business ventures, investments, and high-profile career in finance and politics.

Early Life and Education

Scaramucci was born to a family of Italian-American descent and grew up in a middle-class household. He developed an interest in finance and economics at a young age and pursued a degree in economics from Tufts University, graduating in 1986. After completing his undergraduate studies, Scaramucci went on to earn a law degree from Harvard Law School in 1989. During his time at Harvard, he became fascinated with the world of finance and began to build a network of contacts that would later prove invaluable in his career.

Career in Finance

Scaramucci’s career in finance began in 1989 when he joined the investment bank Goldman Sachs. He worked his way up the corporate ladder, becoming a vice president in the firm’s equities division. However, he left Goldman Sachs in 1996 to co-found Oscar Capital Management, a hedge fund that focused on investing in small-cap stocks. The fund performed well, and Scaramucci’s reputation as a skilled investor began to grow. In 2001, he sold Oscar Capital Management and founded SkyBridge Capital, a global alternative investment firm that specializes in hedge fund investing and management.

SkyBridge Capital has been the primary source of Scaramucci's wealth, with the firm managing over $12 billion in assets under management. The company has also hosted the annual SALT Conference, a prominent gathering of hedge fund managers, investors, and thought leaders in the finance industry. Scaramucci's success with SkyBridge Capital has earned him numerous awards and recognition, including being named one of the most influential people in the financial industry by Financial Times.

Politics and Public Life

In 2016, Scaramucci became involved in politics, supporting Donald Trump’s presidential campaign and serving as a fundraiser and advisor. After Trump’s election, Scaramucci was appointed as the White House Communications Director, a position he held for just 10 days in July 2017. His tenure was marked by controversy, including a profanity-laced interview with The New Yorker that led to his dismissal. Despite his brief stint in politics, Scaramucci has remained a vocal supporter of Trump and has continued to appear in the media as a commentator and analyst.

Net Worth and Investments

Scaramucci’s net worth is estimated to be around 200 million, with the majority of his wealth coming from his stake in SkyBridge Capital. He has also made significant investments in real estate, including a 10 million mansion in Long Island and a $2.5 million condo in Manhattan. Scaramucci has been known to be a savvy investor, with a portfolio that includes stakes in companies such as Uber, Airbnb, and Spotify.

In addition to his business ventures and investments, Scaramucci has also earned income through speaking engagements, book sales, and media appearances. His memoir, Hitting a Straight Lick with a Crooked Stick, was published in 2018 and became a bestseller. Scaramucci has also been a regular commentator on CNN, Fox News, and other media outlets, providing analysis on politics, finance, and economics.