Sallie Krawcheck, chief executive and co-founder of Ellevest, a digital financial investment firm for women, based out of New York, was quoted in today’s Wall Street Journal stating her “BEST BET” was her house in the Hamptons.
In 2004, she cashed out $9.5M of her Citigroup stock, during her tenure as Citi’s CFO. Not a typical move at the time. Well we all know what happened to Citigroup’s stock after that.
Meanwhile, her summer house in Quogue was recently appraised for $17,000,000. BAM!!
First, congratulations Sallie! Kudos on your investment firm, Ellevest, which focuses on women investors! Once again, your forward thinking served you well!