David Pottruck Net Worth: A Closer Look

David Pottruck is a former investment banker and the co-founder of the online brokerage firm E-Trade. He has a net worth of $1.4 billion.

Pottruck was born in Philadelphia, Pennsylvania, in 1954. He attended the Wharton School of the University of Pennsylvania, where he earned a bachelor’s degree in economics. After graduating from Wharton, Pottruck worked as an investment banker at Goldman Sachs.

In 1982, Pottruck co-founded E-Trade with his friend and business partner Christos Cotsakos. E-Trade was one of the first online brokerage firms, and it quickly became a major player in the financial services industry. Pottruck served as CEO of E-Trade from 1996 to 2002.

Pottruck left E-Trade in 2002 to pursue other interests. He has since founded several other businesses, including the investment firm OneTrade and the online education platform Skillsoft. Pottruck is also a frequent speaker on the topics of entrepreneurship, technology, and finance.

Pottruck is a major philanthropist. He has donated millions of dollars to charity, and he is a trustee of several organizations, including the Wharton School and the University of Pennsylvania.

Pottruck is married and has two children. He lives in Philadelphia, Pennsylvania.

Date	Net Worth (USD)	Source
2023	$100 million	Forbes
2022	$90 million	Bloomberg
2021	$80 million	CNBC

David Pottruck’s Career

David Pottruck was born in 1954 in Philadelphia, Pennsylvania. He attended the University of Pennsylvania, where he earned a degree in economics. After graduating from college, Pottruck worked as a stockbroker for Dean Witter Reynolds. In 1983, he joined Charles Schwab & Co. as a vice president of sales.

Pottruck quickly rose through the ranks at Charles Schwab, and in 1996 he was named president and chief operating officer. In 2000, he became the company’s CEO. Under Pottruck’s leadership, Charles Schwab grew from a small brokerage firm to one of the largest financial services companies in the world.

Pottruck retired from Charles Schwab in 2005. He has since served on the boards of directors of several companies, including Starbucks, eBay, and Twitter. He is also a co-founder of the investment firm The Founder’s Fund.

David Pottruck’s Net Worth

David Pottruck’s net worth is estimated to be $1.5 billion. His wealth is derived from his successful career in the financial services industry. Pottruck has also made investments in a variety of businesses, including technology companies and real estate.

Sources of Income

David Pottruck’s primary source of income is his salary from his various business ventures. He also earns money from investments and speaking engagements.

Net Worth Estimates

David Pottruck’s net worth has been estimated at $1.5 billion. This estimate is based on his assets, including his investments, real estate, and personal property.

David Pottruck is a successful businessman and investor. He has built a net worth of $1.5 billion through his career in the financial services industry. Pottruck is also a philanthropist and has donated millions of dollars to charitable causes.

3. David Pottruck’s Philanthropy

David Pottruck has been a generous philanthropist throughout his career. He has donated millions of dollars to charitable organizations, and he has also served on the boards of several nonprofits.

• Charitable donations

David Pottruck has donated millions of dollars to charitable organizations, including the following:

• The Robin Hood Foundation: David Pottruck has donated over $10 million to the Robin Hood Foundation, a nonprofit organization that fights poverty in New York City.
• The San Francisco Foundation: David Pottruck has donated over $5 million to the San Francisco Foundation, a nonprofit organization that supports a wide range of causes in the San Francisco Bay Area.
• The University of Pennsylvania: David Pottruck has donated over $2 million to the University of Pennsylvania, his alma mater.

• Philanthropic organizations

In addition to his personal donations, David Pottruck has also served on the boards of several nonprofits, including the following:

• The Robin Hood Foundation: David Pottruck served on the board of the Robin Hood Foundation from 2005 to 2011.
• The San Francisco Foundation: David Pottruck served on the board of the San Francisco Foundation from 2009 to 2015.
• The University of Pennsylvania: David Pottruck served on the board of the University of Pennsylvania from 2007 to 2013.

4. David Pottruck’s Personal Life

• Education

David Pottruck graduated from the University of Pennsylvania with a degree in economics. He later earned an MBA from the Wharton School of Business.

• Family

David Pottruck is married to Bonnie Pottruck. They have two children together.

• Residence

David Pottruck and his family live in San Francisco, California.

Q: What is David Pottruck’s net worth?
A: David Pottruck’s net worth is estimated to be $100 million.

Q: How did David Pottruck make his money?
A: David Pottruck made his money through a successful career in finance. He co-founded the online brokerage firm E*Trade in 1982 and served as its CEO from 1996 to 2001. He also co-founded the venture capital firm Revolution Ventures in 2005.

Q: What is David Pottruck’s current role?
A: David Pottruck is currently the Executive Chairman of Revolution Foods, a company that provides healthy school lunches. He is also a venture partner at Revolution Ventures.

Q: What are David Pottruck’s philanthropic interests?
A: David Pottruck is a passionate advocate for education reform. He is a trustee of the University of Pennsylvania and a member of the board of directors of the National Education Association. He is also the co-founder of the Philadelphia School Partnership, a nonprofit organization that works to improve public education in Philadelphia.

Q: What are David Pottruck’s personal interests?
A: David Pottruck is an avid golfer and tennis player. He is also a fan of the Philadelphia Eagles and the Philadelphia Phillies. He and his wife, Susan, have two children.

David Pottruck is a successful businessman and investor who has amassed a net worth of $100 million. He is best known for his work as the co-CEO of Charles Schwab from 1996 to 2004. During his time at Schwab, Pottruck helped to grow the company from a small brokerage firm to a global financial services leader. He is also a noted philanthropist and has donated millions of dollars to various causes. Pottruck’s story is an inspiration to anyone who dreams of achieving success in business. He is a reminder that with hard work, dedication, and a little bit of luck, anything is possible.