Ira Rennert Bio | Wiki
Ira Rennert ( Full Name: Ira Leon Rennert ) is a popular American billionaire businessman who works as the chairman and CEO of Renco Group. He began his career as a credit analyst on Wall Street in 1956. Ira also worked as a partner at Rubin, Rennert & Co. prior to launching his own business, I. L. Rennert & Co., in 1962.
At this moment Bill was censured by the National Association of Securities Dealers for operating with insufficient capital. It happened again in 1963, and due to that, his license was revoked on November 29, 1964, successfully forbidding him from the securities industry. Ira started building his fortune by investing in junk bonds in the 1980s. He is a major Republican donor.
Ira Rennert Age
Ira was born on May 31, 1934, in New York City, in the United States. He is 89 years old. Ira celebrates his birthday on May 31, every year.
Ira Rennert Height
He is a man of above-average stature. Ira stands at a height of 5 ft 9 in ( Approx. 1.75m ).
Ira Rennert Family
He was born in New York City the son of immigrants parents. Ira’s mother emigrated to the U.S. from Poland at age 3 while his father came from Romania at age 14. Ira holds an American nationality. Presently, it is unknown if Ira has siblings or not.
Ira Rennert Wife
Ira is married to his wife Ingeborg Hanna, a retired airline ticket agent who is a convert to Judaism. His wife Ingeborg Hanna also works as the Director of Lincoln Center for the Performing Arts, Inc. He and his wife have three children named Tamara Rennert Winn, Yonina Rennert Davidson, and Ari Rennert. He and Ingeborg have made several charitable donations to various organizations.
Ira Rennert Daughter
Ira has two daughters Tamara Winn and Yonina Davidson. In 2010 his youngest daughter Yonina Davidson and her husband Mitchell sold off their former apartment, a 10-room co-op, for $11 million. Ira’s daughter Tamara Rennert Winn is married to co-founder of Capital IQ (now S&P Capital IQ) Randall Winn.
Ira Rennert Son
He has a son named Ari Rennert a businessman who works as the president of Renco Group, a private holding company created in 1975 by his dad Ira. Ari earned a bachelor’s degree in finance from the Stern School of Business at New York University. Ari joined Renco Group in 2005 and worked as chief investment officer prior to becoming president in 2011
Ira Rennert Education
He went and graduated from Brooklyn College in 1954. In 1956, Ira received his master’s degree from New York University’s Stern School of Business, where he afterward was on the Board of Overseers.
Ira Rennert Renco Group
In 1986, he founded Renco Group, an industrial empire with estimated annual revenues of $5 billion. Renco’s holdings are a stake in military truckmaker AM General, lead and zinc producer Doe Run Company as well as U.S. Magnesium Corp., among others. Renco Group invests in other companies across a range of industries. The New York City-based holding company also owns various mills and mines in the United States and South America. In 1993, Renco obtained AM General from the LTV Corporation to assist LTV emerge from bankruptcy.
Ira Rennert House | Hamptons House | House Hamptons | Estate
He owns a large private house in the Hamptons, Long Island, in New York State in the United States, named Fair Field. The house was built in 2003. Ira’s main house is approximately 64,000 sq ft (5,900 m2), and the total floor area is 110,000 sq ft. It is estimated between $267 to $500 million for tax purposes.
Ira Rennert Mansion | Home | Sagaponack
He caused controversy among his neighbors by building a beach front home in Sagaponack, New York, regarded as one of the largest occupied residential compounds in the United States. Ira’s house outraged locals, who claimed he formerly planned to use it as a spa, a hotel, or a religious retreat. Ira denied such allegations, and the local paper afterward issued an apology. Ira named his home after the adjoining body of water, Fairfield Pond.
His house faces the Atlantic Ocean and its grounds measure 63 acres (250,000 m2). The buildings, which total more than 110,000 square feet (10,000 m2), such as the 66,000-square-foot (6,100 m2) main house, have an Italianate facade, 29 bedrooms, and 39 bathrooms. Besides his house in Sagaponack, Ira possesses a duplex apartment on Manhattan’s Park Avenue and a home in Israel. He formerly lived in Atlantic Beach, NY.
Ira Rennert Helicopter
It has been announced that Ira possesses two helicopters, one of which is a luxury version of the twin 2,520-horsepower engine, 19-seater Sikorsky S-92, one of the globe’s most powerful civilian choppers, which he always uses for weekend jaunts from Manhattan to his 63-acre complex in Sagaponack.
Ira Rennert House Inside
The annual property taxes on his home in Sagaponack, NY is $508,005. Ira’s house was also announced to have 21 bedrooms and 18 bathrooms.
Ira Rennert Net Worth
Ira gets his wealth from his work as a businessman who works as the chairman and CEO of Renco Group. Therefore, Ira has accumulated a decent fortune over the years. Ira’s net worth is $3.5 billion.
How Old Is Ira Rennert
Ira is an 89-year-old who was born on May 31, 1934, in New York City, in the United States. Ira celebrates his birthday on May 31, every year.
Is Ira Rennert Married
Yes, he married retired airline ticket agent Ingeborg Hanna who works now as the Director of Lincoln Center for the Performing Arts, Inc. The two have three children.
Who Is Ira Rennert
He works as the founder of the Renco Group, an industrial empire with evaluated annual revenues of $5 billion. He previously worked as a credit analyst and also began building his fortune by investing in junk bonds in the 1980s. In 2015 a court ruled that Ira was liable for improperly diverting money from his business to pay for a lavish home in Southampton, New York.
Ira Rennert Social Media Account
Twitter – @IraRennert