Lee Kranefuss

Quick Facts

Full Name	Lee Kranefuss
Occupation	Businessman
Date Of Birth	Sep 27, 1961(1961-09-27)
Age	63
Birthplace	Endicott
Country	United States
Birth City	New York
Horoscope	Libra

Lee Kranefuss Biography

Lee Kranefuss is one of the most popular and richest Businessman who was born on September 27, 1961 in Endicott, New York, United States.

In 1997 Kranefuss joined Barclays Global Investors (BGI), the company that invented index funds. BGI was then the world’s largest manager of institutional assets. Kranefuss joined as Director of Strategy & Corporate Development. In that role Kranefuss conceived of the plan for the iShares business. Believing that an aggressive education and sales program would be needed to explain the benefits of exchange-traded funds (ETFs) to investors, iShares was launched in 2000 with an intensive marketing effort behind the initial 40 new iShares funds to be launched in the U.S. — more than doubling the number of products then available in the market.

In 2005, after the departure of co-CEO Andrew Skirton, Kranefuss was promoted to the Executive Committee of BGI, and also put in charge of BGI’s Institutional Indexing, Cash Management, Securities Lending, and related businesses – collectively over one trillion dollars in assets, more than 75% of BGI’s assets under management, and 42% of the company’s profits. By the end of 2007 iShares had surpassed $400B in global assets, with Kranefuss overseeing nearly 80% of BGI’s assets and over 60% of BGI’s profits.

Lee Kranefuss Net Worth

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

Lee Thomas Kranefuss (born September 27, 1961) is an American businessman, investment manager, corporate adviser, and entrepreneur.

Height, Weight & Body Measurements

Lee Kranefuss height Not available right now. Emmanuel weight Not Known & body measurements will update soon.

Who is Lee Kranefuss Dating?

According to our records, Lee Kranefuss is possibily single & has not been previously engaged. As of December 1, 2023, Lee Kranefuss’s is not dating anyone.

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

In December 2012, Warburg Pincus, a global private equity firm backed by more than $30B in capital focused on growth investing, announced the appointment of Kranefuss as an Executive-in-Residence to identify and evaluate investment opportunities in the areas of exchange-traded funds (ETFs), index investing and asset management, particularly in Europe, Asia and Latin America. At the time, Kranefuss commented “The time is ripe to create a large-scale, global, and independent ETF provider that will provide the truly attractive and innovative product – and the support behind it – that ETF investors demand.”

Facts & Trivia

Emmanuel Ranked on the list of most popular Businessman. Also ranked in the elit list of famous people born in United States. Lee Kranefuss celebrates birthday on September 27 of every year.

In 2014, Kranefuss and Warburg Pincus announced they had acquire 51% of the equity of Source, an ETF provider originally started by a consortium of investment banks including Goldman Sachs, Morgan Stanley, JP Morgan, Bank of America, and Nomura. The founding investment banks were reported to have remained as minority shareholder in Source, backing Kranefuss and Warburg Pincus.