Ruth Porat is a business executive who is both British and American. She is the chief financial officer of Alphabet Inc., a multinational technology conglomerate holding company. She was previously Morgan Stanley’s executive vice president and CFO. Porat has also worked with Google and served on the boards of several companies.
|Celebrated Name:||Ruth Porat|
|Real Name/Full Name:||Ruth Porat|
|Age:||66 years old|
|Birth Date:||22 April 1957|
|Birth Place:||Cheshire, England|
|Husband/Spouse (Name):||Anthony Paduano|
|Children/Kids (Son and Daughter):||Yes|
|Net Worth in 2023:||$370 million|
Ruth Porat Biography
Ruth Porat was born on April 22, 1957, in Cheshire, England. She is Frieda and Dr. Dan Borat’s daughter. Her father worked as a research fellow in the physics department at Harvard University. Marc and Naomi Porat are her siblings. Her family relocated to Cambridge, Massachusetts, when she was a child. The family later moved to Palo Alto.
Porat attended Stanford University after graduating from high school, where she earned a bachelor of arts degree in international relations and economics. She also attended the London School of Economics to pursue her master’s degree in industrial relations. She also earned her MBA from the University of Pennsylvania’s Wharton School.
Ruth Porat Age, Height, Weight
Ruth Porat was born on April 22, 1957, She is 66 years old as of 2023. Her height is 1.8 meters and her weight is 65 kilograms.
Ruth Porat began her career with Morgan Stanley in 1987. She worked in mergers and acquisitions before leaving in 1993 to follow Robert F. Greenhill. Later that year, in 1996, she returned to Morgan Stanley.
She was named vice chairman of investment banking and global head of the Financial Institutions Group. She was later promoted to the position of chief financial officer at Morgan Stanley.
She was credited with inventing European debt financing during her time at Morgan Stanley. Porat gave a presentation on post-crisis reform to the Bretton Woods Committee in 2011. Barack Obama even nominated her for the position of Deputy Secretary of the Treasury.
She did, however, request that her name be removed from consideration. She also sits on the board of directors of Stanford University Management Company. She also serves on the Blackstone Group’s Council of Foreign Relations’ board of directors.
Porat is a member of the Hutchins Center for Fiscal and Monetary Policy’s Advisory Council, the Economic Strategy Group, the Economic Club of New York, and the United States Treasury.
She left Morgan Stanley in 2015 to join Alphabet Inc. Her responsibilities as the company’s CFO included operations as well as real estate services. Politically, she supported Hillary Clinton’s presidential campaigns in 2008 and 2016.
In addition to the foregoing, it has been reported that she will join Google as a CFO in 2015. She is credited with increasing Google’s stock price and organizing and enforcing financial discipline within the company. She has spoken at a Fortune Magazine Summit during her time at Google.
She was also in charge of business operations, human resources, workplace services, and people operations at Google. Porat’s contract with Google was reported to be worth $70 million.
Ruth Porat Achievements and Awards
Ruth Porat’s success as a business executive in one of her most notable career accomplishments. Institutional Investor magazine named her the “Best Financial Institution CFO” in 2014. She is also the 2018 “Best Internet CFO.” She was named to Forbes’ list of “Power Women” in 2021.
Ruth Porat’s Net Worth in 2023
Ruth Porat’s net worth is estimated to be around $370 million as of November 2023. She is able to make this money because of her job as a business executive. Her 2016 salary was reported to be $39 million. Google also paid her $50 million in salary in 2020. Her net worth has increased significantly since it was $192 million in 2015. That same year, she purchased a $30 million home in Palo Alto.
Ruth Porat wields considerable power. She is also extremely successful and an inspiration to many. Porat has gone on to become a self-made millionaire and has held key positions in numerous businesses. She is still active in her profession and has served on the boards of numerous organizations and businesses. Despite this, she has never been involved in a controversy.
Ruth Porat Husband, Marriage
Ruth Porat married Anthony Paduano, an attorney, in 1983. They have three sons together. She had previously been diagnosed with breast cancer but was later declared cancer-free.