About Vikram Pandit
Vikram Pandit is regarded as one of the richest Indian people living in the United States. It has been claimed that the current estimate of Vikram Pandit net worth is as high as 60 million dollars. To most of people, Vikram Pandit is known as a banker. This career has brought a huge fortune to him. He has accumulated a big part of his net worth while he was serving as the Chief Executive of Citigroup. In 2007, Vikram Pandit was appointed to this position and stayed in it till 2012. During this time, Vikram Pandit became one of the most powerful and influential people in the United States.
Talking about his education, Vikram Pandit was studying at Columbia University, where he got his B.S. and M.S. degrees. In addition, he was studying at Columbia Business School, from which he earned his MBA and PhD degrees. Currently, Vikram Pandit is known to be living in New York with his family – his wife and their children.
Born in India in 1957, Vikram Pandit moved to the United States when he was 16 years old. There, he attended Columbia University. In only three year period, Vikram Pandit managed to finish his degree in electrical engineering.
From this branch, Vikram Pandit switched to business and finance, which he was studying at Columbia Business School. Later, business became one of the most important sources of Vikram Pandit net worth and increased it by a mile. After graduation, Vikram Pandit was hired by Columbia University, where he was a lecturer of economics. After that, he was working for a brief time at Brock University in Canada, as well.
In 1983, he was hired by Morgan Stanley to be an associate of the company. Also, he was one of not so many Indians who were able to join this company. In 1990, Vikram Pandit was appointed as the managing director of the US Equity Syndicate, which was a unit of Morgan Stanley. In 1994, Vikram Pandit was appointed for the same position in the Institutional securities division of the company. In 2000, he got a position as a president of this division and it started to bring really huge sums to Vikram Pandit net worth. In 2005, Vikram Pandit left the company.
In 2006, he started his own business which was called Old Lane LLC. In 2007, this company was bought by Citi for 800 million dollars. Thus, the name of the company was also changed to Citigroup, the company, which made a huge fortune to Vikram Pandit and increased Vikram Pandit net worth a lot.