What is Art Cashin's Net Worth?
Art Cashin, a prominent Financial Services Director, boasts a net worth of $10 million. Raised in New Jersey, Cashin dove into his finance career immediately after finishing high school. Starting as an assistant clerk at Thomas & McKinnon in 1959, he quickly rose through the ranks due to his dedication and skill.
Career Highlights
Currently, Cashin serves as the director of floor operations for UBS Financial Services at the New York Stock Exchange. His insights and expertise are widely acknowledged through his well-known daily newsletter, Cashin's Comments, and his regular appearances on financial TV programs. Early in his career, Cashin almost ventured into music as part of a folk singing quartet. A record deal was on the horizon, but fate had other plans when Ray Charles got signed instead.
Professional Achievements
By 1964, Cashin had become a partner at P.R. Herzig & Co., demonstrating his rapid career growth. He joined Paine Webber in 1980 as an institutional floor broker, further establishing his influence in the finance sector. Beyond his professional milestones, Cashin founded the Exchange Christmas Dinner Fund, which impressively fed over 185,000 people in 2006.
Personal Life and Legacy
On a personal note, Cashin faced the sorrow of losing his wife to cancer in 1998. Despite personal challenges, he continued to contribute to his community, particularly honoring heroes through his chairmanship of the NYSE Fallen Heroes Fund. His personal encounter with the 9/11 attacks, walking through the World Trade Center twice that morning, adds to his profound life story.
