Ira Rennert

Ira Rennert

Ira Rennert (#1127)

  • $ 4 B
  • Investments
  • United States
  • M
  • 91 Years

About Me

Ira Rennert is the founder of the Renco Group, an industrial empire with estimated annual revenues of $5 billion. Renco's holdings include a stake in military truckmaker AM General, lead and zinc producer Doe Run Company and U.S. Magnesium Corp., among others. His mother emigrated to the U.S. from Poland at age 3 and his father came from Romania at age 14. A Brooklyn native and former credit analyst, he began building his fortune by investing in junk bonds in the 1980s. In 2015, a court ruled that Rennert was liable for improperly diverting money from his business to pay for a lavish home in Southampton, New York.
About Images

Achievements

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Ira Rennert’s rise and global influence.

  • #1137   Billionaires (2026)
  • #389   Forbes 400 (2025)

Wealth Growth

Net Worth Growth Over Time

Tracking Ira Rennert’s net worth journey over the years, highlighting key growth phases and financial milestones.

Current Net Worth: $3.8B (May 4, 2026)