Marc Mezvinsky is an American investor who has a net worth of 30 million dollars. The investor, who is better known as the only son-in-law of former US President Bill Clinton, made his fortune mainly through his various business ventures.
Marc Mezvinsky has worked with various companies, including Social Capital, but he is an investor and managing director at TPG Inc. TPG is an equity firm based in Fort Worth, Texas, that manages investment funds in venture capital, growth capital, and public equity.
Career
Marc Mezvinsky has been in the banking sector since he graduated from college. He first began working at Goldman Sachs as a foreign exchange market strategist. He later left the investment bank to start his own fund. The fund, which he named Eaglevale Partners, lasted about five years before closing in 2016. At the time of its closure, the company was managing over 330 million dollars.
As of 2017, Marc started working at Social Capital as the company’s Vice Chairman. He worked for a year before deciding to venture into other business opportunities. In 2019, Marc began part of TPG as an investor and also works as a managing director. He has been working with the investment company since then.
Love Life
A person’s relationships can have a big influence on their fortune and Marc Mezvinsky is one person who has seen what difference relationships can make in one’s life. Marc has not been in several relationships. He met Chelsea Clinton through their parents. They were friends for a while before finally deciding to date in 2005. Marc and Chelsea were engaged in 2009, and by July 2010 they were married.
Marc and his wife have three children together: a daughter and a son. His relationship with Chelsea has helped him to make wise financial decisions and as such, his fortune has grown exponentially.
Philanthropy
Marc Mezvinsky values making a difference in society. As such he has always been part of programs and organizations that are trying to make an impact in society. He serves on the board of the Ann Romney Center for Neurologic Diseases. The organization aims to prevent and treat various neurological diseases, including multiple sclerosis, Parkinson’s disease, and Alzheimer’s disease.
Real Estate
Besides being a banker, Marc Mezvinsky has invested in various areas, including real estate. He has been an owner of a few buildings in Manhattan. For instance, in 2008, Marc partnered with his wife, and they bought a three-bedroom condo for 4 million dollars. They sold in 2013 for 4.75 million dollars making almost a million from the sale in profits.
After the sale of the condo, Marc and his wife bought a larger apartment for 10.5 million. The new apartment was only a few blocks from their old house. Marc is still the owner of the building, and it is currently worth over 20 million. Besides, it is strategically located, making it a great investment- one can have a great view of Madison Square Park from the building.
