19 Fraternities With Powerful Wall Street Alumni
You know how a lot of people spew bullshit all over this site about how they have millions waiting for them by way of trust funds, they fly around in private jets, and they have cush, six-figure jobs with corner offices waiting on them the day they graduate? I’d venture to guess that 98% of these people are full of shit.
It’s no secret, however, that many fraternity alumni go on to enjoy very successful careers after their college days are behind them — they just aren’t blabbing about it to impress their anonymous internet friends.
Wall Street, for example, is littered with fraternity alums. This list compiled by Business Insider shows notable fraternity alumni that made their fortunes on the Street:
1. Zeta Beta Tau – SAC Capital’s Steve Cohen (UPenn), former chairman of Bear Stearns Alan “Ace” Greenberg, Cantor Fitzgerald vice chairman Stuart Fraser (University of Missouri)
2. Phi Kappa Psi – Michael Bloomberg (Founder of Bloomberg LP), Bill Gross (Founder of Pimco), Orra Monnette (Founder of Bank of America)
3. Alpha Tau Omega – Lehman Brothers ex-CEO Dick Fuld (University of Colorado at Boulder)
4. Delta Upsilon – Former Merrill Lynch CEO John Thain (MIT)
5. Delta Chi – Baupost Group’s Seth Klarman (Cornell)
6. Sigma Phi Epsilon – Former Merrill Lynch CEO William Allen Schreyer (Penn State)
7. Lambda Chi Alpha – former NYSE chair and former CEO of Citibank John S. Reed (Washington and Jefferson College and MIT)
8. Phi Delta Theta – Former Barclays CEO Bob Diamond (Colby College) and former BofA chairman Chauncey J. Medberry III.
9. Kappa Sigma – Legendary dealmaker Richard Rainwater (University of Texas at Austin) and former NYSE president William R. Johnston
10. Sigma Nu – Charles R. Schwab
11. Beta Theta Pi = Former Bank of America CEO Hugh L. McColl Jr. (UNC-Chapel Hill)
12. St. Anthony Hall (ΔΨ) – George Herbert Walker IV, CEO of Neuberger Berman (UPenn)
13. Delta Kappa Epsilon – J. Pierpont Morgan, Jr. (Harvard), Chase Manhattan Bank’s Irving H. Chase (Yale) Robert Lehman (Yale), Teddy Forstmann (Yale)
14. Zeta Psi – Tiger Management’s Julian Robertson (University of North Carolina) and former JPMorgan CEO/chairman William B. Harrison, Jr. (University of North Carolina)
15. Sigma Alpha Epsilon – Paul Tudor Jones II (University of Virginia), Maverick Capital’s Lee Ainslie III (UVA) T. Boone Pickens (Oklahoma State University) and Greenlight Capital’s David Einhorn (Cornell) Greenlight’s CIO Daniel Roitman (Cornell)
16. Alpha Sigma Phi – Warren Buffett (UPenn)
17. The Sigma Phi Society – Berkshire Hathaway’s Charlie Munger (University of Michigan)
18. Psi Upsilon – Lone Pine’s Stephen Mandel (Dartmouth)
19. Phi Gamma Delta – Trian Fund Management’s Nelson Peltz (UPenn 1965)
Looking good, SAE.
[via Business Insider]
Notice no TKES lawl.
13 years ago at 3:02 pmwell sense Dorn actually gave a non sarcastic compliment to SAE, I guess we know what fraternity he was in now. I figured he was probably Farmhouse.
13 years ago at 3:05 pmNot SAE.
13 years ago at 3:09 pmAll KA but Bacon I thought
13 years ago at 3:32 pmBacon is a Delta Sig, and the Tech Guy is a Zeta Psi. But yeah, I’m pretty sure everyone else (the intern included) are KAs
13 years ago at 4:11 pmBacon isn’t a Delta Sig, he’s a Beta at Mizzou. Dorn is a KA, along with the founders of TFM, most were Texas State KAs, correct me if I’m wrong Dorno.
13 years ago at 4:21 pmBacon was 150% a Delt Sig. Hell, look at his pledge jousting videos… Clearly on Delt Sig’s lawn.
13 years ago at 10:02 pmNo they’re all Rho Epsilon Epsilon
13 years ago at 2:46 am^^I don’t know what’s up with people saying he’s a Delta Sig, but there’s a certain picture floating around of him in front of his office and he has a Beta paddle hanging up. I think it was on his PGP account but he must have changed it.
13 years ago at 3:16 amI thought yall were all ATOs
13 years ago at 10:27 am^^ https://twitter.com/TFMTechGuy/media/grid
13 years ago at 12:39 pmGo down to the video that has ‘FRIDAY AFTERNOON’ on it, and there you’ll clearly see 2 delta sig paddles
^Well I’ll be damned, I swore he’s a Beta, and I swore I saw a Beta paddle once. It’s a fucking conspiracy theory for the staff to fuck with us.
13 years ago at 1:07 pm^^^^^^^^^^^ *since
13 years ago at 1:39 pmBaupost Group. FAF.
13 years ago at 3:12 pmKenneth Lay (former CEO of Enron) – Beta Theta Pi
13 years ago at 3:21 pmA businessman that’ll go down as one of the most ethical and successful American businessmen ever to wallow in a jail cell.
13 years ago at 3:33 pmEnron was an energy company, not a Wall Street bank/fund. Figure it out.
13 years ago at 3:49 pm^^^ Fuck you and your name
13 years ago at 11:33 pmKen Lay is dead and never went to jail. He died before the conviction was entered so his family got to keep all the money he stole.
13 years ago at 12:32 amWith all due respect to Phi Kapps I wouldn’t list Bloomberg as an alumni.
13 years ago at 3:32 pmYou’re right, you’d list him as an alumnus.
13 years ago at 3:37 pm^
13 years ago at 4:11 pmagreed, fuck bloomberg
13 years ago at 5:22 pmSure he’s a wildly successful businessman but he’s also a dickhead.
13 years ago at 12:18 pmThis list forgot to mention Henry Paulson was an SAE. He was the former secretary of the treasury and Goldman Sachs CEO.
13 years ago at 4:57 pmThis is such great news. I can’t wait to be hired as CEO of a large Wall Street bank a month after I graduate.
13 years ago at 6:00 pmStay in character, dipshit
13 years ago at 10:52 pm^
13 years ago at 2:47 amΦA
13 years ago at 6:14 pm…Alpha Sigma Phi with Warren Buffett…?
13 years ago at 6:31 pmI move that a follow up article be made for sports figures.
13 years ago at 6:47 pm