American banker and economist Peter Orszag works in finance. He leads Lazard’s Financial Advisory division as CEO. At Citigroup, he had previously held the position of Vice Chairman of Corporate and Investment Banking. He formerly held the position of Director of CBO and was the 37th Director of the Office of Management under President Barack Obama.
Quick Facts
| Celebrated Name: | Peter Orszag |
| Real Name/Full Name: | Peter Richard Orszag |
| Gender: | Male |
| Age: | 53 years old |
| Birth Date: | 16 December 1968 |
| Birth Place: | Boston, Massachusetts, U.S. |
| Nationality: | American |
| Height: | 1.72 m |
| Weight: | 73 kg |
| Sexual Orientation: | Straight |
| Marital Status: | Married |
| Wife/Spouse (Name): | Cameron Hill (m. 1997; div. 2006), Bianna Golodryga(m. 2010) |
| Children/Kids (Son and Daughter): | Yes (N/A) |
| Dating/Girlfriend (Name): | N/A |
| Is Peter Orszag Gay?: | No |
| Profession: | Banker, Economist |
| Salary: | $15 Million(USD) per year |
| Net Worth in 2024: | $25 Million |
Peter Orszag Biography
Although Peter Orszag was raised in Lexington, Massachusetts, he was born in Boston, Massachusetts. He is Steven and Reba Orszag’s son. His paternal grandparents, who were Jewish and originally from Hungary, moved to New York City in 1903. His mother was the president and owner of a research and development company, while his father was a math professor at Yale University. Jonathan Orszag is the name of his other sibling.
He received a high honors diploma from Phillips Exeter Academy in 1987. In 1991, he graduated with Latin honors in economics from Princeton University. From the London School of Economics, he received an M.Sc. in 1992 and a Ph.D. in economics in 1997. He was a Marshall Scholar in 1991–1992.
Peter Orszag Age, Height, Weight
Peter Orszag was born on December 16, 1968; He is 53 years old as of 2024. He stands 1.72 meters tall and weighs 73 kilograms.
Peter Orszag’s Wife, Marriage
Peter Orszag has two marriages. He wed Cameron Rachel Hamill in his first marriage. Before getting divorced in 2006, they had two kids. In 2009, he had a child with Claire Milonas, his ex-girlfriend. He wed Bianna Golodryga, who was the co-host of ABC’s GMA Weekend at the time, in 2010. One boy and one daughter were born to them together. Peter Orszag is a Jew. In 2014, Peter Orszag also prevailed in a drawn-out, contested child support lawsuit.
Peter Orszag’s career began there as a macroeconomics lecturer at the University of California in 1999. He was also the Brookings Institution’s Deputy Director of Economics Studies. During the Clinton administration, he served as a Special Assistant to the President for Economic Policy from 1997 to 1998. As a senior economist, he founded Sebago Associates, a consulting firm. From January 2007 to November 2008, he served as CBO.
Barack Obama declared that Peter Orszag would be his choice to lead the Office of Management and Budget on November 25, 2008. This department of the White House is in charge of developing the federal budget and evaluating the success of government initiatives.
He joined Citigroup in 2011 after departing from the Obama administration. He held the positions of Chairman of the Financial Strategy and Solutions Group and Vice Chairman of Corporate and Investment Banking.
Orszag then became the managing director and vice-chairman of investment banking at Lazard. He has been the CEO of Financial Advisory since 2019.
Career
Macroeconomics lecturer at the University of California since 1999, Peter Orszagcareer began there. He was also the Brookings Institution’s Deputy Director of Economics Studies. During the Clinton administration, he served as a Special Assistant to the President for Economic Policy from 1997 to 1998. As a senior economist, he founded Sebago Associates, a consulting firm. From January 2007 to November 2008, he served as CBO.
Barack Obama declared that Peter Orszag will be his choice to lead the Office of Management and Budget on November 25, 2008. This department of the White House is in charge of developing the federal budget and evaluating the success of government initiatives.
He joined Citigroup in 2011 after departing from the Obama administration. He held the positions of Chairman of the Financial Strategy and Solutions Group and Vice Chairman of Corporate and Investment Banking.
Orszag then became the managing director and vice-chairman of investment banking at Lazard. He has been the CEO of Financial Advisory since 2019.
Awards & Achievements
Peter Orszag accomplishments include holding the positions of CBO and 37th Director of the OMB. Additionally, he holds a Ph.D. and an M.Sc.
Peter Orszag’s Net Worth in 2024
Peter Orszag estimated net worth as of February 2024 is $25 Million. $5 million is the net worth of his wife. He claims to earn between $15 million and $18 million each year in pay. The prosperous business he owns and operates provides the majority of his income. Peter’s company has several financiers and industry leaders who help them financially as sponsors.
Peter Orszag is a highly prosperous individual. He has lectured at prestigious universities while working as a banker and economist. Additionally, he has worked for Barack Obama, the American president at the time. Few people can carve out a career like him, and we sincerely hope he keeps up the excellent work and is content with his life.
