Jeffrey Sprecher

Quick Facts

Full Name	Jeffrey Sprecher
Occupation	Chairman
Date Of Birth	Feb 23, 1955(1955-02-23)
Age	69
Birthplace	Madison
Country	United States
Birth City	Wisconsin
Horoscope	Pisces

Jeffrey Sprecher Biography

Jeffrey Sprecher is one of the most popular and richest Chairman who was born on February 23, 1955 in Madison, Wisconsin, United States. Jeffrey Craig Sprecher (born February 23, 1955) is an American businessman, and the founder, chairman, and CEO of Intercontinental Exchange, and chairman of the New York Stock Exchange.

In 1996 he bought the Continental Power Exchange in Atlanta, Georgia from MidAmerican Energy Holdings Company for $1 plus the assumption of debt, which became the foundation for Intercontinental Exchange (ICE).

Sprecher started Intercontinental Exchange (ICE) in 2000 as an online marketplace for energy trading in Atlanta.

Sprecher has been married to U.S. Senator Kelly Loeffler since 2004. They reside in Tuxedo Park, Atlanta in a $10,500,000, 15,000 square foot estate called Descante.

The Energy Policy Act of 1992 passed and deregulation in the electric industry started. Those working in the “electric industry realized the need for real- time, continentwide transactions”, made possible by “Continental Power Exchange” technologies whereby “individual businesses and consumers may one day be able to select an energy provider in the same way that individuals shop for long-distance telephone service.”

Jeffrey Sprecher Net Worth

Jeffrey Sprecher is one of the richest Chairman from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Jeffrey Sprecher 's net worth $5 Million. (Last Update: December 11, 2023)

Sprecher’s first job was at Trane, where he met William Prentice, who was developing power plants following deregulation. Prentice offered him a job at Western Power Group in 1983.

In the 1990s energy trading was handled manually by “Continental Power Exchange, an electronic energy trading company. By 1997 Continental Power Exchange CPEX had “a federated software structure in place, CPEX… ready to expand to more servers as growth demands. CPEX’s hardware and server architecture [were] capable of supporting foreseeable changes that may be necessary when the client load arrives. Continental [intended] to stay at least one step ahead of the marketplace.”

Shortly after the company approached Enron to be a client, Enron started its own competing electricity trading platform, which dominated the market. Enron’s market model was to buy from every seller and sell to every buyer. Wall Street bankers, particularly Goldman Sachs and Morgan Stanley, backed him and he launched ICE in 2000 (giving 80 percent control to the two banks who, in turn, spread out the control among Shell, Total, and British Petroleum). When Enron’s exchange collapsed in 2001 in the Enron scandal, ICE’s business exploded.

Height, Weight & Body Measurements

Jeffrey Sprecher height 5 feet 7 inches Zbigniew weight 83 kg & body measurements will update soon.

Who is Jeffrey Sprecher Dating?

According to our records, Jeffrey Sprecher married to Kelly Loeffler. As of December 1, 2023, Jeffrey Sprecher’s is not dating anyone.

Relationships Record : We have no records of past relationships for Jeffrey Sprecher. You may help us to build the dating records for Jeffrey Sprecher!

Facts & Trivia

Zbigniew Ranked on the list of most popular Chairman. Also ranked in the elit list of famous people born in United States. Jeffrey Sprecher celebrates birthday on February 23 of every year.

How rich is Jeffrey Sprecher?

Jeffrey Sprecher net worth: Jeffrey Sprecher is an American businessman and entrepreneur who has a net worth of $1 billion. Jeffrey is probably best- known for being the chairman of the New York Stock Exchange, which is owned by the company Sprecher founded in 2000, Intercontinental Exchange (ICE).

How old is Jeff Sprecher?

67 years (February 23, 1955)

Where does Jeffrey Sprecher live?

Personal life. Sprecher has been married to former U.S. Senator Kelly Loeffler since 2004. They reside in Tuxedo Park, Atlanta in a $10,500,000, 15,000 square foot estate named Descante, though the property was later reappraised for around $4 million, resulting in far lower property taxes.

Does Jeffrey Sprecher have a child?

Sprecher and his wife, Ms. Loeffler, live for ICE. He has some hobbies, and his sister Jill wonders how he finds the time to watch cooking shows and reality television. But he and his wife have no children.

Who owns ICE?

TypePublic
Headquarters| Atlanta, Georgia , U.S.
Key people| Jeffrey Sprecher (Chairman and CEO) Warren Gardiner (CFO) Benjamin Jackson (President)
Products| Clearing Exchange Listing Financial Data Mortgage Technology
Revenue| US$7.15 billion (2021)