He earned a salary of $1 million per year while at Bear Stearns.
James Cayne is a Business Executive with a net worth of $100 million. Born in 1934, he was the CEO of Bear Stearns, a global investment bank and securities trading and brokerage firm, during the financial collapse of 2008. He earned a salary of $1 million per year while at Bear Stearns.
James Cayne is a member of Business Executive
Age, Biography and Wiki
💰 Net worth: $100 million (2024)
James Cayne is an esteemed business executive based in Illinois, with a net worth estimated to reach $100 million by 2024. Known for his exceptional skills in navigating the world of finance, Cayne has built a stellar reputation as a leader in the industry. With his extensive experience and business acumen, he has successfully established himself as a prominent figure in the business world, earning significant wealth along the way. As an influential and accomplished executive, James Cayne continues to make significant contributions to the business landscape in Illinois and beyond.
About
He was the CEO of Bear Stearns, the New York based global investment bank and securities trading and brokerage firm, during the financial collapse of 2008.
Before Fame
He worked as a traveling salesman, selling photocopiers in the Midwest, and later sold scrap iron and municipal bonds.
Trivia
After reports surfaced that he was away from New York participating in a bridge tournament when his company collapsed, CNBC named him one of the Worst American CEOs of All Time and he was also named in Time Magazine's list of 25 People to Blame for the Financial Crisis.
Family Life
He had one child, Allison Cayne Schneider.
Associated With
Henry Paulson was also blamed for the 2008 financial crash.
