Vincent Viola Net Worth

Date:

Vincent Viola was born in 1956 in New York City, USA, and is a businessman, US Army veteran and philanthropist, best known to the world as founder and chairman of electronic-trading firm Virtu Financial.

Have you ever wondered how rich Vincent Viola is, as of early 2017? According to authoritative sources, it has been estimated that Viola’s net worth is as high as $1.75 billion, an amount earned through his successful career as a businessman. He is also the owner of the National Hockey League (NHL) ice hockey team, the Florida Panthers.

Vincent Viola Net Worth $1.73 Billion

Vincent is the son of Italian immigrant John A. Viola and his wife, Virginia. His father was a truck driver, but joined US Army in the European theater of WWII, which had a great influence on young Vincent. He attended Brooklyn Technical High School, and after matriculation was appointed to the United States Military Academy, from where he graduated with bachelor’s degree, and commissioned as second lieutenant in the US Army. He then attended Infantry Officer Basic Course and Ranger School, after which he served with the 101st Airborne Division at Fort Campbell, where he was stationed for the next several years. After leaving army he received juris doctor degree from New York Law School, however, he didn’t complete the bar exam.

He started his business career in the early ‘80s, raising $10,000 to purchase a seat on the New York Mercantile Exchange. As the years passed, Vincent’s position in NYMEX increased and he became vice president in 1993, and held the position until 1996. Then five years later he became chairman of the organization, and held that position until 2004, which considerably increased his wealth.

In the ‘80s he also started several firms on his own, including the Pioneer Futures, which is a futures commission merchant firm, and then the following year the Independent Bank Group, a regional bank based in Texas. He then launched EWT, LLC and Madison Tyler, LLC, electric trading firms, through which he gained vast fortune. As his wealth increased, new companies were founded, including Virtu Financial, which further enhanced Vincent’s net worth.

Most recently he was in consideration for Secretary of the Army, however, he withdrew from consideration of his own volition, stating that he is unable to comply with Pentagon regulations regarding personal businesses.

Regarding his personal life, Vincent is married to Teresa; the couple has three children together. Vincent is a well-known philanthropist, and has supported causes such as education, national security, faith, while he also founded the technology company Rowan Technology Solutions, to support cadet education in the areas of military science, leadership and military history. Furthermore, he has also supported the Army Cyber Institute, Army athletics and Modern War Institute, among many other organizations.

Daniel Wanburg
Daniel Wanburg
As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular

More like this
Related

Joe Biden Net Worth

Joseph Robinette Biden Jr. was born on 20 November...

What is Eyal Booker doing now? His Age, Height, Dating, Net Worth

Eyal Booker is a versatile personality known for his...

What does Collete Davis do? Her Age, Height, Leaks, Boyfriend

Collete Davis is known as an American professional race...

The Life and Career of Mar De Regil: Age, Height, Parents, Dating

Mar de Regil has become a sensation on social...

Vincent Viola's Net Worth as of 2024
$1.73 Billion