19 Fraternities With Big-Time Wall Street Alumni

Dan Regester10 years ago

When you have a bullshit major like I do, you constantly have to justify your position with the old adage “It’s not the grades you make, but the hands you shake.” My only focus is to slam as many brews and broads as I can before going out into the real world and riding the coattails of my more successful brothers.

Every fraternity has its fair share of famous alumni who we memorize and regurgitate to potentials at rush: athletes, entertainers, astronauts, and so on. It’s cool that these guys are our brothers, but it doesn’t really benefit us in any direct manner.

A recent list from Business Insider might be much more useful.

From Business Insider:

We combed through a bunch of fraternities’ notable members lists to find big Wall Street names, both past and present, who were brothers.

The list is full of both iconic names of the past and more recent Wall Street gurus.

Alpha Tau Omega
Dick Fuld – Lehman Brothers

Alpha Sigma Phi
Warren Buffett – Berkshire Hathaway

Beta Theta Pi
Hugh L. McColl, Jr. – Bank of America
Robert McCann – UBS Wealth Management Americas

Delta Kappa Epsilon
J. Pierpont Morgan, Jr. – J.P. Morgan
Irving H. Chase – Chase Manhattan Bank
Robert Lehman – Lehman Brothers
Teddy Forstmann – Forstmann Little & Company

Delta Upsilon
John Thain – Merrill Lynch

Delta Chi
Seth Klarman – Baupost Group

Delta Psi
George Herbert Walker IV – Neuberger Berman

Kappa Sigma
Richard Rainwater – Legendary independent investor
William R. Johnston – New York Stock Exchange

Lambda Chi Alpha
John S. Reed – Citibank

Phi Gamma Delta
Nelson Peltz – Trian Fund Management

Phi Delta Theta
Bob Diamond – Barclays
Chauncey J. Medberry III – Bank of America

Phi Kappa Psi
Michael Bloomberg – Bloomberg LP
Bill Gross – Pimco
Orra Monnette – Founder of Bank of America

Sigma Alpha Epsilon
Paul Tudor Jones II – Tudor Investment Corporation
Lee Ainslie III – Maverick Capital
T. Boone Pickens – BP Capital Management
David Einhorn – Greenlight Capital
Daniel Roitman – Greenlight Capital

Sigma Nu
Charles R. Schwab – Charles Schwab Corporation

Sigma Phi Epsilon
William Allen Schreyer – Merrill Lynch

The Sigma Phi Society
Charlie Munger – Berkshire Hathaway

Psi Upsilon
Stephen Mandel – Lone Pine

Zeta Beta Tau
Steve Cohen – SAC Capital
Alan Greenberg – Bear Stearns
Stuart Fraser – Cantor Fitzgerald

Zeta Psi
Julian Robertson – Tiger Management
William B. Harrison, Jr. – J.P. Morgan

[via Business Insider]