Age, Biography and Wiki

Charles Prince (Prince Charles of Edinburgh) was born on 14 November, 1948 in Lynwood, California, U.S., is an American corporate executive and lawyer (born 1950). Discover Charles Prince's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 75 years old?

Popular As Prince Charles of Edinburgh
Occupation Corporate Executive, Lawyer
Age 75 years old
Zodiac Sign Scorpio
Born 14 November 1948
Birthday 14 November
Birthplace Lynwood, California, U.S.
Nationality United Kingdom

We recommend you to check the complete list of Famous People born on 14 November. He is a member of famous Member with the age 75 years old group.

Charles Prince Height, Weight & Measurements

At 75 years old, Charles Prince height not available right now. We will update Charles Prince's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Charles Prince's Wife?

His wife is Margaret L. Wolff

Family
Parents Not Available
Wife Margaret L. Wolff
Sibling Not Available
Children Prince Harry, Duke of Sussex, Prince William, Duke of Cambridge

Charles Prince Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Charles Prince worth at the age of 75 years old? Charles Prince’s income source is mostly from being a successful Member. He is from United Kingdom. We have estimated Charles Prince's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Member

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Timeline

1950

Charles Owen "Chuck" Prince III (born January 13, 1950) is an American corporate executive and lawyer.

He is a former chairman and chief executive of Citigroup.

Charles Owen Prince III was born in Lynwood, California on 13 January 1950 to Charles Owen Prince II and Mary Doyle.

Prince went to the University of Southern California Marshall School of Business for his bachelor's degree, master's degree, and Juris Doctor.

He continued his education, going on to receive a Master of Laws degree from Georgetown University Law Center.

1975

Prince started his career as an attorney with U.S. Steel Corp in 1975.

1979

In 1979, he joined Commercial Credit Company, a predecessor to Citigroup that Sandy Weill took over in 1986.

1996

He was promoted in 1996 to executive vice president of the firm, which at this point, was known as the Travelers Group.

2000

In 2000, shortly following the 1998 merger of Travelers and Citigroup, Prince was named chief administrative officer of the newly created firm, Citigroup.

2001

He was subsequently promoted to chief operating officer in 2001, to chairman and chief executive of Citi Markets and Banking in 2002, and finally to chairman and chief executive.

2003

He succeeded Sandy Weill as the chief executive of the firm in 2003, and as the chairman of the board in 2006.

The couple was wed on September 20, 2003, at The Pierre Hotel in New York City.

Semi-retired Judge Robert W. Sweet presided over the ceremonies.

Prince serves in the influential trade group the Financial Services Forum, as well as a member of the Council of Foreign Relations, the Business Roundtable, and several other organizations.

2006

Along with his directorship on the Citigroup board, Prince has served as a member of Johnson & Johnson's board since February 13, 2006.

He also serves as a trustee for several education institutions including Weill Medical College, Teachers College, and The Juilliard School.

Prince formerly was a Senior Counselor to Albright Stonebridge Group.

2007

On November 4, 2007, he retired from both his chairman and chief executive duties due to unexpectedly poor 3rd quarter performance, mainly due to CDO and MBS related losses, while still receiving a $38m pay package.

On Sunday, 4 November 2007, Prince resigned from his post as CEO of Citigroup due to the failing mortgage industry.

He was replaced by Vikram Pandit as the CEO of Citigroup, and by Robert Rubin as its chairman.

Prince left with an exit bonus valued at $12.5 million, in addition to the $68 million he received in stock and options he had accumulated during his career, together with a $1.7 million pension, an office, car and driver for up to five years.

During his tenure, the market value of Citigroup dropped by $64 billion.

He is still a consultant with Citigroup.

In July 2007, Prince famously said about Citigroup's continued commitment to leveraged buy-out deals, despite fears of reduced liquidity because of the occurring sub-prime meltdown: "As long as the music is playing, you’ve got to get up and dance."

2008

In 2008, Fortune named Charles Prince as one of eight economic leaders "who didn't [see] the crisis coming", noting his overly optimistic statements in July 2007.

2009

In January 2009, Guardian city editor Julia Finch identified him as one of twenty-five people who were at the heart of the financial meltdown.

Prince is currently married to Margaret L. Wolff.