Jeffrey Sprecher - Net Worth, Age, Height, Birthday, Bio, Wiki!
Explore Jeffrey Sprecher net worth, age, height, bio, birthday, wiki, and salary! Jeffrey Craig Sprecher (born February 23, 1955) is an American businessman, and the founder, chairman, and CEO of Intercontinental Exchange, and chairman of the New York Stock Exchange. In this article, we will discover how old is Jeffrey Sprecher? Who is Jeffrey Sprecher dating now & how much money does Jeffrey Sprecher have?
| Name | Jeffrey Sprecher |
| First Name | Jeffrey |
| Last Name | Sprecher |
| Occupation | Chairman |
| Birthday | February 23 |
| Birth Year | 1955 |
| Place of Birth | Madison |
| Home Town | Wisconsin |
| Birth Country | United States |
| Birth Sign | Pisces |
| Full/Birth Name | |
| Father | Not Available |
| Mother | Not Available |
| Sister(s) | Jill Sprecher, Karen Sprecher |
| Siblings | Jill Sprecher, Karen Sprecher |
| Spouse | Kelly Loeffler |
| Children(s) | Not Available |
Jeffrey Sprecher Biography
Jeffrey Sprecher is one of the most popular and richest Chairman who was born on February 23, 1955 in Madison, Wisconsin, United States. In 1996 he bought the Continental Power Exchange in Atlanta, Georgia from MidAmerican Energy Holdings Company for $1 plus the assumption of debt, which became the foundation for Intercontinental Exchange (ICE).
Sprecher started Intercontinental Exchange (ICE) in 2000 as an online marketplace for energy trading in Atlanta.
Sprecher has been married to U.S. Senator Kelly Loeffler since 2004. They reside in Tuxedo Park, Atlanta in a $10,500,000, 15,000 square foot estate called Descante.
The Energy Policy Act of 1992 passed and deregulation in the electric industry started. Those working in the “electric industry realized the need for real-time, continentwide transactions”, made possible by “Continental Power Exchange” technologies whereby “individual businesses and consumers may one day be able to select an energy provider in the same way that individuals shop for long-distance telephone service.”
In the 1990s energy trading was handled manually by “Continental Power Exchange, an electronic energy trading company. By 1997 Continental Power Exchange CPEX had “a federated software structure in place, CPEX… ready to expand to more servers as growth demands. CPEX’s hardware and server architecture [were] capable of supporting foreseeable changes that may be necessary when the client load arrives. Continental [intended] to stay at least one step ahead of the marketplace.”
Shortly after the company approached Enron to be a client, Enron started its own competing electricity trading platform, which dominated the market. Enron’s market model was to buy from every seller and sell to every buyer. Wall Street bankers, particularly Goldman Sachs and Morgan Stanley, backed him and he launched ICE in 2000 (giving 80 percent control to the two banks who, in turn, spread out the control among Shell, Total, and British Petroleum). When Enron’s exchange collapsed in 2001 in the Enron scandal, ICE’s business exploded.
Jeffrey Sprecher Net Worth
Jeffrey is one of the richest Chairman from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Jeffrey Sprecher's net worth $5 Million. (Last Update: January 13, 2024)
Sprecher’s first job was at Trane, where he met William Prentice, who was developing power plants following deregulation. Prentice offered him a job at Western Power Group in 1983.
| Net Worth | $5 Million |
| Salary | Under Review |
| Source of Income | Chairman |
| Cars | Not Available |
| House | Living in own house. |
On March 19, 2020, the public release of federal financial-disclosure documents revealed that Sprecher and his wife, U.S. Senator Kelly Loeffler, sold millions of dollars of stock the couple owned in companies vulnerable to the COVID-19 pandemic. The sales began the same day Loeffler and other senators received a private briefing from federal officials about the looming crisis. The documents also showed that the couple purchased stock in a company that would potentially benefit from the shelter-in-place orders that have since been implemented throughout the United States to prevent the spread of the virus. The company, Citrix, specializes in teleworking software. At least some of the stocks that Loeffler sold were owned jointly with Sprecher and would have required his knowledge and authorization to sell, documents show.
Ethnicity, religion & political views
Many peoples want to know what is Jeffrey Sprecher ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Jeffrey Sprecher's ethnicity is Not Known. We will update Jeffrey Sprecher's religion & political views in this article. Please check the article again after few days.
On March 20, 2020, the consumer advocacy group Common Cause filed complaints against Sprecher and Loeffler with the Securities and Exchange Commission, the Senate Ethics Committee, and the United States Justice Department, requesting from the latter a criminal investigation of the couple for violations of the STOCK Act.
Who is Jeffrey Sprecher Dating?
According to our records, Jeffrey Sprecher married to Kelly Loeffler . As of January 13, 2024, Jeffrey Sprecher’s is not dating anyone.
Relationships Record: We have no records of past relationships for Jeffrey Sprecher. You may help us to build the dating records for Jeffrey Sprecher!Height, Weight & Body Measurements
Jeffrey Sprecher height 5 feet 7 inches Jeffrey weight 83 kg & body measurements will update soon.
| Height | 5 feet 7 inches |
| Weight | 83 kg |
| Body Measurements | Under Review |
| Eye Color | Not Available |
| Hair Color | Not Available |
| Feet/Shoe Size | Not Available |
Sprecher was born in Madison, Wisconsin, where he attended James Madison Memorial High School. He was initiated to the Wisconsin Alpha Chapter of Sigma Alpha Epsilon. He received a bachelor’s degree in chemical engineering from the University of Wisconsin–Madison in 1978 and a Master of Business Administration from Pepperdine University in 1984.
Facts & Trivia
Jeffrey Ranked on the list of most popular Chairman. Also ranked in the elit list of famous people born in United States. Jeffrey Sprecher celebrates birthday on February 23 of every year.
How rich is Jeffrey Sprecher?
Jeffrey Sprecher net worth: Jeffrey Sprecher is an American businessman and entrepreneur who has a net worth of $1 billion. Jeffrey is probably best-known for being the chairman of the New York Stock Exchange, which is owned by the company Sprecher founded in 2000, Intercontinental Exchange (ICE).
How old is Jeff Sprecher?
67 years (February 23, 1955)
Where does Jeffrey Sprecher live?
Personal life. Sprecher has been married to former U.S. Senator Kelly Loeffler since 2004. They reside in Tuxedo Park, Atlanta in a $10,500,000, 15,000 square foot estate named Descante, though the property was later reappraised for around $4 million, resulting in far lower property taxes.
Does Jeffrey Sprecher have a child?
Sprecher and his wife, Ms. Loeffler, live for ICE. He has some hobbies, and his sister Jill wonders how he finds the time to watch cooking shows and reality television. But he and his wife have no children.
Who owns ICE?
| Headquarters | Atlanta, Georgia , U.S. |
| Key people | Jeffrey Sprecher (Chairman and CEO) Warren Gardiner (CFO) Benjamin Jackson (President) |
| Products | Clearing Exchange Listing Financial Data Mortgage Technology |
| Revenue | US$7.15 billion (2021) |