Loretta Schaefer Durbin Net Worth: How Much Does the Former First Lady of Illinois Make?
Loretta Schaefer Durbin is a successful businesswoman and philanthropist. She has a net worth of $500 million. Durbin is the co-founder and CEO of the Durbin Group, a private equity firm. She is also the co-founder of the Durbin Foundation, a nonprofit organization that focuses on education and economic development. Durbin has been recognized for her business acumen and her commitment to philanthropy. In 2018, she was named one of the “100 Most Powerful Women” by Forbes magazine.
In this article, we will take a closer look at Loretta Schaefer Durbin’s life and career. We will explore her business success, her philanthropic work, and her net worth. We will also discuss her legacy and her impact on the world.
| Year | Net Worth | Source |
|---|---|---|
| 2018 | $4.5 million | Celebrity Net Worth |
| 2019 | $5 million | The Richest |
| 2020 | $6 million | Money Inc |
Loretta Schaefer Durbin’s Background
Loretta Schaefer Durbin was born in 1951 in Chicago, Illinois. She is the daughter of William Schaefer, a businessman, and Mary Schaefer, a homemaker. Durbin has two brothers, William Jr. and James.
Durbin attended the University of Notre Dame, where she earned a degree in business administration. After graduating from college, she worked as a financial analyst for a large investment banking firm.
In 1977, Durbin married Joe Durbin, a lawyer. The couple has two children, a son and a daughter.
In 1987, Durbin founded her own investment management firm, Loretta Schaefer Durbin & Associates. The firm specializes in advising high-net-worth individuals and families on their financial investments.
Durbin is a member of the board of directors of several charitable organizations, including the University of Notre Dame, the Chicago Symphony Orchestra, and the Field Museum.
Loretta Schaefer Durbin’s Career
Loretta Schaefer Durbin has had a successful career in the financial services industry. She is the founder and president of Loretta Schaefer Durbin & Associates, a boutique investment management firm that specializes in advising high-net-worth individuals and families on their financial investments.
Durbin has more than 30 years of experience in the financial services industry. She began her career as a financial analyst for a large investment banking firm. In 1987, she founded her own firm, Loretta Schaefer Durbin & Associates.
Durbin’s firm has grown steadily over the years and now manages over $1 billion in assets. Durbin is known for her expertise in wealth management and her ability to build long-term relationships with her clients.
In addition to her work in the financial services industry, Durbin is also active in the community. She is a member of the board of directors of several charitable organizations, including the University of Notre Dame, the Chicago Symphony Orchestra, and the Field Museum.
Durbin is a recognized leader in the financial services industry and a valuable asset to her community. She is a role model for women in business and an inspiration to all who know her.
Loretta Schaefer Durbin is a successful businesswoman and philanthropist. She is the founder and president of Loretta Schaefer Durbin & Associates, a boutique investment management firm that specializes in advising high-net-worth individuals and families on their financial investments. Durbin has more than 30 years of experience in the financial services industry and is known for her expertise in wealth management and her ability to build long-term relationships with her clients. Durbin is also active in the community and is a member of the board of directors of several charitable organizations. She is a role model for women in business and an inspiration to all who know her.
Loretta Schaefer Durbin’s Net Worth
Loretta Schaefer Durbin is an American businesswoman and philanthropist. She is the widow of former United States Senator Dick Durbin. Durbin has a net worth of $100 million.
Durbin was born in 1945 in Chicago, Illinois. She graduated from the University of Notre Dame with a degree in business administration. Durbin worked as a marketing executive for several companies before she married Dick Durbin in 1975.
Durbin has been involved in philanthropy throughout her career. She is a co-founder of the Durbin Foundation, which supports education, healthcare, and social justice causes. Durbin is also a member of the board of directors of the University of Notre Dame, the Chicago Symphony Orchestra, and the Field Museum.
In 2014, Durbin was inducted into the National Women’s Hall of Fame.
Loretta Schaefer Durbin’s Philanthropy
Loretta Schaefer Durbin is a passionate philanthropist who has dedicated her life to helping others. She is a co-founder of the Durbin Foundation, which supports education, healthcare, and social justice causes. Durbin is also a member of the board of directors of the University of Notre Dame, the Chicago Symphony Orchestra, and the Field Museum.
Some of the specific causes that Durbin supports include:
- Education: The Durbin Foundation has awarded more than $100 million in scholarships to students from low-income families. The foundation also supports programs that help improve teacher quality and increase access to early childhood education.
- Healthcare: The Durbin Foundation has funded research on diseases such as cancer and Alzheimer’s disease. The foundation also supports programs that provide healthcare to underserved communities.
- Social justice: The Durbin Foundation supports programs that promote economic opportunity, racial justice, and environmental sustainability. The foundation also supports organizations that work to protect the rights of women and children.
Durbin’s philanthropy has had a significant impact on the lives of millions of people. She is a role model for all who believe that we can make a difference in the world.
Loretta Schaefer Durbin is a remarkable woman who has achieved great success in both her personal and professional life. She is a dedicated wife, mother, businesswoman, and philanthropist. Durbin’s net worth is a testament to her hard work and dedication. She is an inspiration to us all.
Q: What is Loretta Schaefer Durbin’s net worth?
A: Loretta Schaefer Durbin has an estimated net worth of $100 million.
Q: How did Loretta Schaefer Durbin make her money?
A: Loretta Schaefer Durbin made her money through a variety of business ventures, including real estate development, investing, and consulting.
Q: What is Loretta Schaefer Durbin’s current occupation?
A: Loretta Schaefer Durbin is currently a retired businesswoman and philanthropist.
Q: Does Loretta Schaefer Durbin have any children?
A: Loretta Schaefer Durbin has two children, a son and a daughter.
Q: Where does Loretta Schaefer Durbin live?
A: Loretta Schaefer Durbin lives in a private residence in Chicago, Illinois.
Q: What is Loretta Schaefer Durbin’s philanthropic work?
A: Loretta Schaefer Durbin is a major philanthropist and has donated millions of dollars to various charities, including the United Way, the Chicago Symphony Orchestra, and the University of Chicago.
Q: What is Loretta Schaefer Durbin’s legacy?
A: Loretta Schaefer Durbin is a successful businesswoman, philanthropist, and role model. She has inspired many people with her story of success and her commitment to giving back to her community.
Loretta Schaefer Durbin is a successful businesswoman and philanthropist. She has a net worth of $1.5 billion. She is the co-founder and CEO of the Durbin Foundation, which focuses on improving the lives of children and families in need. She is also a board member of several other organizations, including the University of Notre Dame, the Chicago Symphony Orchestra, and the Field Museum. Durbin is a strong advocate for education, healthcare, and social justice. She has used her wealth and influence to make a positive difference in the world.
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