Reid Drescher was born in New York City, USA and is a businessman, best known to the world as the CEO of Spencer & Clarke LLC, an investment banking firm that focuses on financial advisory and brokerage services. Also, he is known to the world for being the husband of TV reality star and author Aviva Drescher.
Have you ever wondered how rich Reid Drescher is, as of mid- 2017? According to authoritative sources, it has been estimated that Drescher’s net worth is as high as $20 million, an amount earned through his successful career as a businessman.
Reid Drescher Net Worth $20 Million
Reid went to Great Neck North High School, from which he matriculated in 1985, after which matriculation, Reid enrolled at the University of Miami, from which he obtained a Bachelor of Business Administration in management/marketing in 1989
Soon after college graduation, Reid found his first job at the Wells Fargo, now known as Prudential Securities, and eventually reached Senior Vice President of Investments. He left the firm in 1994, and then joined the Paine Webber brokerage company, also to serve as its Senior Vice President of Investments. He held the position for the next three years, gaining highly needed experience to start a financial company of his own, and that happened in 1997 when he founded Spencer & Clarke LLC, and ever since then he has been serving as its CEO and President. Slowly his firm grew in size, which certainly increased his net worth to a large degree. Nowadays, his firm employs over 200 people, and is specialized in merger and acquisition, debt placement, corporate and financial advisory, private equity and brokerage services.
Also, Reid has been the General Managing Partner of Cape One Advisors since 2008, which has also contributed to his wealth.
Regarding his personal life, Reid has been married to Aviva Drescher and the couple has two children together. Reid was married before, and has a daughter from the failed marriage. Alongside his second wife, Reid has appeared in several reality TV shows, including “The Real Housewives of New York City” (2012-2014), and “Marriage Boot Camp: Reality Stars” in 2015, which have also added to his wealth, and increased his public exposure so no doubt also adding to his business activities.
