Lynn Tilton

Lynn Tilton Net Worth

Lynn Tilton, born on April 22, 1959 in the United States, is a Wall Street veteran who has worked at Morgan Stanley, Goldman Sachs and Merrill Lynch. She is the founder and CEO of Patriarch Partners, a private equity firm that recently stepped down from managing Zohar and downsized to a family office. Tilton has faced an avalanche of lawsuits, including allegations from the SEC that her firm improperly valued assets in its Zohar debt funds and extracted about $200 million in excess fees from investors. Tilton denies the allegation and believes she will prevail in court.

Age, Biography and Wiki

Birth Day April 22, 1959
Birth Place United States
Age 64 YEARS OLD
Birth Sign Taurus
Residence Rumson, New Jersey and Highland Beach, Florida
Education Teaneck High School
Alma mater Yale University (B.A., American Studies, 1981) Columbia Business School
Occupation Collateralized loan obligation manager, business owner
Known for CEO of Patriarch Partners
Home town Teaneck, New Jersey
Spouse(s) Kevin Wayne Tilton (divorced in 1995 in Florida)

💰 Net worth: $450 Million (2024)

before starting her own private equity firm called Patriarch Partners. Tilton is known for her pioneering work in distressed debt investments and turning around struggling companies. Over the years, she has successfully acquired and restructured numerous distressed businesses, thereby earning significant wealth. Her net worth is expected to reach $450 million by 2024, a testament to her business acumen and knack for identifying unique investment opportunities. Lynn Tilton's career trajectory and impressive net worth showcase her as a prominent figure in the world of finance and private equity.

2015 $600 Thousand
2016 $450 Thousand
2018 $450 Thousand

Biography/Timeline

1981

Tilton began her career at Morgan Stanley in 1981. She also worked for Goldman, Sachs & Co. and Merrill Lynch as an investment banker until 1989. Prior to founding Patriarch Partners, Tilton was an executive at Long Drive Management Trust, a special situations investment fund, and Executive Managing Director of Papillon Partners, Inc., a firm which she founded to offer customized research, valuation, and execution services to sellers of bank loans and high yield bonds.

2000

Since 2000, through Patriarch Partners' affiliated funds, Tilton has had ownership in and restructured more than 240 companies with combined revenues of $100 billion. She is also Chairman and CEO of MD Helicopters, Inc., a manufacturer of commercial and military helicopters, the acting CEO of Dura Automotive Systems, a Tier 1 supplier to Automotive and transportation industry OEMs, and CEO of Stila, a cosmetics company.

2011

On January 21, 2011, Lynn Tilton was honored as “Aviation Entrepreneur of the Year” at the 8th Annual Living Legends of Aviation Awards ceremony at the Beverly Hilton in Beverly Hills, CA. She was recognized for her leadership in the successful turnaround of Patriarch portfolio company MD Helicopters (MDHI)

2012

On December 18, 2012, Diversity Women Magazine awarded Lynn Tilton the Mosaic Women Legend Award for her efforts in saving American jobs. The award was presented at the National Diversity Woman Business Leadership Conference.

2014

On September 5, 2014, Lynn Tilton was awarded the Intercollegiate Tennis Association (ITA) Achievement Award at the ITHF Board of Directors Meeting at the Grand Hyatt Hotel in New York. The ITA Achievement Award pays tribute each year to past participants in the world of varsity tennis who have achieved excellence in their chosen careers. The spirit of the award honors both professional success and contributions to society, made either as a direct result of a career or through humanitarian efforts.

2015

In March 2015, the U.S. Securities and Exchange Commission (SEC) charged Tilton with defrauding her collateralized loan obligation (CLO) Investors. She filed a lawsuit against the SEC on April 1, 2015, to stop the SEC from pursuing the charges against her. On September 27, 2017, an SEC judge dismissed the charges.

2016

In June 2016, an article in The New York Times attributed the collapse of TransCare, a provider of ambulance services, directly to Patriarch and Lynn Tilton.

Some Lynn Tilton images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.