What Is Marc Mezvinsky Net Worth’ Net Worth?
Marc Mezvinsky, an American investment banker, possesses a net worth estimated at $30 million. This figure represents the combined net worth of Marc and his wife, Chelsea Clinton. Marc Mezvinsky currently serves as a managing director at TPG Capital. Details regarding his specific salary at TPG Capital are not publicly disclosed.
Marc Mezvinsky: Early Life and Education
Born on December 10, 1977, in Philadelphia, Pennsylvania, Marc Mezvinsky comes from a family with a strong background in public service. His parents, Edward Mezvinsky and Marjorie Margolies, both served as Democratic members of the US House of Representatives, representing Pennsylvania’s 13th congressional district and Philadelphia’s 13th congressional district respectively. Mezvinsky grew up alongside ten siblings, five of whom were adopted. His mother documented their family’s experiences in adopting children from Vietnam and Korea in her book, “They Came to Stay.”
During his formative years, Mezvinsky’s family welcomed multiple refugee families into their home, facilitating surgeries and adoptions for children from abroad. He received his early education at Friends’ Central School, a Quaker institution located on the outskirts of Philadelphia. Subsequently, Mezvinsky pursued higher education at Stanford University, where he earned a Bachelor of Arts degree in religious studies and philosophy in 2000. He furthered his studies at Pembroke College in Oxford, UK, obtaining an undergraduate Master of Arts degree in politics, philosophy, and economics.
Marc Mezvinsky’s Professional Career
Following his graduation from Oxford, Mezvinsky commenced his career in the financial sector, joining Goldman Sachs as an emerging foreign market exchange strategist. He later transitioned to the company’s global macro proprietary trading desk. In 2011, Mezvinsky departed Goldman Sachs to establish his own hedge fund, Eaglevale Partners. Eaglevale Partners operated as a multi-strategy investment fund with a focus on commodities, currencies, and bonds. The fund was based in Manhattan and managed over $330 million in assets at the time of its closure in 2016.
In 2017, Mezvinsky joined Social Capital as Vice Chairman, where he was involved in managing the company’s business development and expanding its portfolio of companies. He remained with Social Capital for one year. In 2019, Mezvinsky transitioned to TPG Capital, where he currently holds the position of managing director and business unit partner. Specific details regarding his responsibilities and compensation at TPG Capital are not publicly available.
Relationships and Family Life
Marc Mezvinsky is married to Chelsea Clinton, the daughter of former US President Bill Clinton and former US Secretary of State Hillary Clinton. Marc and Chelsea initially met as teenagers in 1993 at a Democratic political retreat, owing to the friendship between Mezvinsky’s parents, who were Congress members, and the Clintons. Their friendship evolved into a romantic relationship in 2005. They announced their engagement in 2009, and in July 2010, they exchanged vows in an interfaith ceremony in Rhinebeck, New York. Together, Mezvinsky and Clinton have three children: daughter Charlotte (born in 2014) and sons Aidan and Jasper (born in 2016 and 2019, respectively).
Philanthropic Activities
Beyond his professional endeavors, Mezvinsky is actively involved in philanthropic activities. He serves on the board of the Pembroke College Foundation, supporting the institution’s mission and initiatives. Additionally, he serves on the board of the Ann Romney Center for Neurologic Diseases, an organization dedicated to accelerating the prevention, treatment, and cures for complex neurological diseases such as Alzheimer’s disease, multiple sclerosis, ALS (Lou Gehrig’s disease), Parkinson’s disease, and brain tumors. Mezvinsky has also contributed his time and expertise as a member of the board of the Madison Square Park Conservancy.
Real Estate Investments
Marc Mezvinsky and Chelsea Clinton have made strategic investments in real estate. In 2008, they acquired a three-bedroom, 1,922-square-foot condo in central Manhattan for $4 million. The condo, situated on the tenth floor, featured an open chef’s kitchen and a living and dining room with ten-foot ceilings. They sold this condo in 2013 for $4.75 million. Following the sale, they purchased a larger, 5,000-square-foot apartment for $10.5 million. This apartment, located a few blocks from their previous residence, is the longest apartment in Manhattan, spanning an entire city block between 26th and 27th Streets. This “environmentally conscious” unit offers views of Madison Square Park.