Richard Mcvey Net Worth 2021: Early Life, Education, Career And More

Filed in Article by on September 23, 2021 0 Comments

Richard Mcvey Net Worth 2021… Have you been hearing about Richard Mcvey and you don’t really know much about him? If yes, then this informative article is for you. You will be given detailed information about Richard Mcvey Net Worth, Early Life, Education, Career, And More.

Richard Mcvey

Richard Mcvey’s Profile Summary

  • Full Name: Richard Mitchell McVey
  • Gender: Male
  • Date Of Birth: 2 July 1959
  • Age: 62 Years Old
  • Place Of Birth: Painesville, Ohio, United States
  • Nationality: American
  • Occupation: Chairman and Chief Executive Officer
  • Company: MarketAxess
  • Board Member: Miami University Foundation, Colby College Board of Trustees
  • Previous Employer: JP Morgan
  • University: Miami University (B.A.), Indiana University (MBA)
  • Relationship: Married
  • Children: 3 Daughters
  • Spouse: Lara Spencer
  • Net Worth: $600 Million

Richard Mcvey’s Early Life And Education

Richard Mitchell McVey is an American entrepreneur. He was born on 2 July 1959 in Painesville, Ohio, United States. His father ran an oil company and was an active stock investor in Cleveland.

McVey attended Miami (Ohio) University, where he received a B.A. degree in finance, and then received an MBA from the Kelley School of Business Indiana University in 1983.

Richard Mcvey’s Career

In 1991, McVey was hired by JP Morgan and ran the North America Futures and Options Business, including institutional brokerage, research, operations, finance, and compliance. There he rose to become a managing director.

In 1995, McVey relocated to New York and moved into fixed income, to run JP Morgan’s North American Fixed Income Sales, managing the institutional distribution of fixed-income securities to investors until 2000.

McVey founded MarketAxess in April 2000 and has since served as chairman and chief executive officer. He originally proposed the business model for MarketAxess in 1999 as part of J.P. Morgan’s Lab Morgan program, which was designed to back executives’ ideas for using web-based technology.

He launched the company as an independent venture in 2000, after leading an initial funding round which raised $24 million in capital from JP Morgan and other market participants including Bear Stearns. In November 2004 he led the company’s initial public offering.

Richard Mcvey’s Personal Life

Richard Mitchell McVey is an American entrepreneur who serves as chairman and chief executive officer of MarketAxess, which operates an electronic trading platform for corporate bonds and other fixed-income products. McVey has led MarketAxess since he founded the company in April 2000.

On September 1, 2018, McVey married Lara Spencer, co-anchor for Good Morning America, in Vail, Colorado. They had previously announced their engagement in January 2018. McVey has three daughters from a previous marriage.

Richard Mcvey’s Net Worth

According to Celebrity Networth, the American entrepreneur has a net worth of $600 Million.

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