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Howard Lutnick 2025 Financial Disclosure: $250M Income

The largest share was a $192 million distribution from Cantor Fitzgerald, according to CNBC calculations from Lutnick’s annual disclosure.

Summary by Quartz
A $192 million distribution from Cantor Fitzgerald made up the largest share of the income Lutnick reported in his first year in government

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US Commerce Secretary Howard Lutnick has declared income of at least $250 million for 2025. According to CNBC, citing a financial disclosure form provided by the US Office of Government Ethics, the majority of this income came from financial institutions that he left to join the government. The largest […]

U.S. Secretary of Commerce Howard Lutenik announced income and other income of at least $250 million during 2025, mostly from financial business he left when he joined President Donald Trump's administration, according to his annual financial disclosure. The largest amount of distributions of $192 million came from the Global Financial Services Company, Cantor Fitzgerald, led by Lutnik for decades, [...] the US Secretary of Commerce announced an…

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CNBC broke the news in Englewood Cliffs, United States on Wednesday, September 30, 2026.
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