Lutnick, Now a Billionaire, Bets Own Fortune on Bold Growth Plan
- Cantor CEO on journey to become finance’s ‘biggest little guy’
- He has tightened his grip and owns about 60% of the company
This article is for subscribers only.
It has been seventeen 9/11s since Howard Lutnick watched the Twin Towers fall. Grief has mellowed. Old recriminations have quieted.
And, with time, the tragic story of his firm, Cantor Fitzgerald LP, has begun to recede in the national memory. Lutnick can never forget: 2 of every 3 people who worked for him in New York, 658 in all, died when American Airlines Flight 11 struck One World Trade Center. His brother Gary was among the dead. Cantor, it seemed, was finished.