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Richard McVey Net Worth 2020

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Facts of Richard McVey

Full NameRichard McVey
First NameRichard
Last NameMcVey
Birth NameRichard Mitchell McVey
ProfessionChairman and Chief Executive Officer of MarketAxess
NationalityAmerican
EthnicityWhite
Birth CityPainesville
Birth CountryUnited States
Gender IdentityMale
Sexual OrientationStraight
HoroscopeCancer
Marital StatusMarried
SpouseLara Spencer
No Of Children3
EducationMiami (Ohio) University
ReligionChristian
Height172.7 cm
Weight75 kg
Date of BirthJuly 2,1960
Age60 years
Married Date2018

Richard McAvey is an American entrepreneur who is now the Chairman and Chief Executive Officer of MarketAxess, a company which he founded in April 2000.

Husband of Good Morning America's co-anchor Lara Spencer, Richard has led MarketAxess for almost 19 years.

Richard McVey's Net Worth is $20 million

The American businessman has an estimated net worth of $20 million, a fortune which he collected from his company and from the salary he received as a Managing Director in J.P. Morgan's Company.

Chairman, CEO, and founder of MarketAxess, Richard McVey
Caption: Chairman, CEO, and founder of MarketAxess, Richard McVey

Image Source: Allstar Bio

He founded MarketAxess in 2000 after raising an initial founding round which helped raise $24 million from company members like J.P. Morgan and others.

Further his wife Lara Spencer has a net worth of $9 million as of 2020. She is the anchor of Good Morning America and ABC News and her annual salary is estimated to be $3 million.

McVey and his family of six live in Edwards, Colorado bu the price of the house is currently unknown.

Richard McVey's Career and MarketAxess

Richard initially started as a worker at the Cleveland Bank after which he joined Chicago Mercantile Exchange.

He was then hired by J. P. Morgan in 1983 to run North America Futures and Options Business. His position required him to review institutional brokerage, research, finance, operations, and compliance.

McVey founded MarketAxess in April 2000 and has since served as the company's Chairman and CEO.

The business model for MarketAxess was proposed by Richard in 1999 to be a part of J.P. Morgan's Lab Morgan program. The model was designed to back executive ideas to run web-based technology.

Richard McVey's Biography

He was born as Richard Mitchell McVey on 2nd July 1960 in Painesville, Ohio. He is of American nationality and his ethnicity is white.

He graduated in 1981 from the Miami (Ohio) University. He got his MBA degree in 1983 from Kelley School of Business affiliated to Indiana University.

Richard McVey with wife Lara Spencer, son, and daughter on their wedding day
Caption: Richard McVey with wife Lara Spencer, son, and daughter on their wedding day

Image Source: Wali Kali

59-years-old Richard is married to American TV presenter, journalist, and producer Lara Spencer.

The couple met in 2016 and engaged in January 2018. The marriage was held in Vail, Colorado on 1st September 2018. Richard has three children from his previous relationship and two more from Lara's first marriage.

Updated On Mon Jan 20 2020 Published On Mon Jan 20 2020 By BluePrince

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