Richard McVey bio, Career, Net worth, Personal life, Childhood, Facts

February 24, 2019Richard McVey bio, Career, Net worth, Personal life, Childhood, Facts

Who is Richard McVey?

Richard McVey's an American businessman. He works at MarketAxes as Chairman and Chief Executive Officer, which mainly operates an electronic trading platform for corporate bonds and other fixed-income products. In April 2000, he founded the company. Among people, however, he is known as Lara Spencer, the husband of the television personality.

In the Early life of Richard McVey?

Richard McVey aka Rick McVey was born on 2 July 1960 in Painesville, Ohio, under the zodiac sign Cancer. People who are born in this category have a loyal, emotional, sympathetic and persuasive personality. Richard has an American nationality and belongs to white ethnicity. Richard was raised in Cleveland suburbs. His dad used to run an oil company and was an active stock investor in Cleveland. He got his B.A. Degree in Finance from Miami University (Ohio) and MBA from Kelley School of Business Indiana University in 1983.

In the Career of Richard McVey

Richard McVey as MarketAxess CEO

Fig: Richard McVey as MarketAxess CEO

Richard started working at Cleveland Bank for the first time. He joined the Chicago Mercantile Exchange after a while. J.P Morgan hired Richard in 1983 to run the North America Futures and Options Business, including institutional brokerage, research, operations, finance, and compliance. The Managing Director was Richard's main role in this business sector. In 1995, Richard moved to New York and moved to fixed income to run J.P Morgan's North American Fixed Income Sales. While working there, he quickly moved up the ranks to become the chief of fixed income sales and worked there until 2000.

In April 2000, he founded MarketAxess and has served as Chairman and Chief Executive Officer. In 1999, Richard originally proposed the MarketAxess business model as part of J.P Morgan's Lab Morgan Programme. It was designed to support executive ideas for using web-based technology. In 2000, Richard launched the company as an independent venture, following an initial funding round that raised $24 million in capital from J.P Morgan and other market participants. In 2004, Richard led the initial public offering of the company In order to increase electronic bond trading at the Sandler O'Neill Global Exchange Conference, CNBC's Bob Pisani sits with MarketAxess CEO Rick McVey to talk about it.

How much is the net worth of Richard McVey?

  Richard McVey on tours

Gig: Richard McVey on tours

Richard McVey has an estimated net value of $20 million. He is the founder and CEO of MarketAxess, an electronic trading company. Before he founded his company, he worked as Managing Director at J.P Morgan's Company. Richard has also been listed in the Institutional Investor Tech 40 for an incredible 15 times. His wife also has a net value of $9 million. As a television personality, she collected a decent amount of money. Lara Spencer is entitled to an annual salary of $3 million. She is best known as the Good Morning America and ABC News anchor.

In the Personal life of Richard McVey

Richard McVey with his wife Lara Spencer

Fig: Richard McVey with his wife Lara Spencer

As mentioned earlier, Richard is married to a beautiful TV personality, Lara Spencer. Richard met Lara in 2016 and began dating. After two years, the couple announced their commitment in January 2018 and finally got married on 1 September 2018. Their marriage ceremony was held in Vail, Colorado and their close friends and family attended, and their five children recited emotional readings during the ceremony. As early as 2019, they live a happy married life together with their five children.

Talking about their marriage, Lara and Richard were married once but first, he attached the knot to David Hanffenreffer in 2000 and was blessed with two children, Katharine Paige Haffereffer and Duff Haffenreffer. The couple could not continue their conjugal life together and were divorced in 2015. To talk about Richard's past marriage, he was married once before Lara, but he did not disclose any information about his past relationship. The former pair share three children.

Facts about Richard McVey

Richard Mckvey is of white Ethnicity and follows Christianity and currently, he is married to Lara Spencer in 2018 after being divorced with his first wife. He is active in different social media sites such as Instagram, Facebook.


American BusinessmanChairmanExecutive Officer Lara SpencerDavid Hanffenreffer