Sanford Weill
| Sanford I. Weill | |
|---|---|
Weill at opening night of the 2009 Metropolitan Opera's Tosca
|
|
| Born |
March 16, 1933 New York City, New York, U.S. |
| Nationality | American |
| Alma mater | Cornell University |
| Occupation | Banker, financier |
| Net worth |
 US $ 1.1 billion (Aug 2016[update]) |
| Spouse(s) | Joan H. Mosher (m. 1955) |
| Children | Marc Weill Jessica Weill Bibliowicz |
Sanford I. "Sandy" Weill (/waɪl/; born March 16, 1933) is an American banker, financier and philanthropist. He is a former chief executive and chairman of Citigroup. He served in those positions from 1998 until October 1, 2003, and April 18, 2006, respectively.
Weill was born in the Bensonhurst section of Brooklyn, New York, to Polish Jewish immigrants, Etta Kalika and Max Weill. He attended P.S. 200 in Bensonhurst. He also attended Peekskill Military Academy in Peekskill, New York, then enrolled at Cornell University where he was active in the Air Force ROTC and the Alpha Epsilon Pi Fraternity. Weill received a Bachelor of Arts degree in government from Cornell in 1955.
Weill's middle initial of "I" is not an abbreviation for anything. Weill has said:
My mother wanted to name me after somebody whose name started with an "I", but she couldn't think of a name she liked. So she gave me the initial with the idea that after I was 21 I could choose whatever middle name I wanted.
Weill married Joan Mosher on June 20, 1955. The couple lives in Greenwich, Connecticut. They have two adult children, Marc Weill (formerly married to news anchor E. D. Hill) and Jessica Weill Bibliowicz, and four grandchildren.
Weill, shortly after graduating from Cornell University, got his first job on Wall Street in 1955 – as a runner for Bear Stearns. In 1956, Weill became a licensed broker at Bear Stearns. Rather than making phone calls or personal visits to solicit clients, Weill found he was far more comfortable sitting at his desk, poring through companies' financial statements and disclosures made to the U.S. Securities and Exchange Commission. For weeks his only client was his mother, Etta, until Joan persuaded an ex-boyfriend to open a brokerage account.
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