Age, Biography and Wiki
Lewis Thompson Preston was born on 5 August, 1926 in New York City, U.S., is an American banker (1926–1995). Discover Lewis Thompson Preston'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 68 years old?
| Popular As |
N/A |
| Occupation |
N/A |
| Age |
68 years old |
| Zodiac Sign |
Leo |
| Born |
5 August, 1926 |
| Birthday |
5 August |
| Birthplace |
New York City, U.S. |
| Date of death |
4 May, 1995 |
| Died Place |
Washington, D.C., U.S. |
| Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 5 August.
He is a member of famous banker with the age 68 years old group.
Lewis Thompson Preston Height, Weight & Measurements
At 68 years old, Lewis Thompson Preston height not available right now. We will update Lewis Thompson Preston'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 Lewis Thompson Preston's Wife?
His wife is Patsy Pulitzer
| Family |
| Parents |
Not Available |
| Wife |
Patsy Pulitzer |
| Sibling |
Not Available |
| Children |
Not Available |
Lewis Thompson Preston Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Lewis Thompson Preston worth at the age of 68 years old? Lewis Thompson Preston’s income source is mostly from being a successful banker. He is from United States. We have estimated Lewis Thompson Preston'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 |
banker |
Lewis Thompson Preston Social Network
| Instagram |
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| Wikipedia |
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Timeline
Lewis Thompson Preston (August 5, 1926 – May 4, 1995) was an American banker.
He graduated from Harvard University with a degree in history in 1951, and was at one point during his education the captain of Harvard's hockey team.
He was chosen for the United States men's national ice hockey team, but never ended up competing in the Olympics.
Preston worked at J.P. Morgan & Co. and its subsidiary Morgan Guaranty Trust Company for forty years.
His first major contribution to the company was in the mid-1960s when he convinced the company to use trade in the newly formed Eurodollar market as source of liquidity; a move which greatly improved the prosperity of the company.
In 1968 he was appointed vice president in charge of international banking, and under his tenure over half of the company's earnings came from the international banking sector in the 1970s.
After eight years in that position he became vice chairman of the board of directors in 1976, and then president of the board in 1978.
In 1980 Preston was appointed CEO of J.P. Morgan & Co. He helped the company weather the storm of Silver Thursday in 1980 which had a wide negative impact on the banking industry.
In 1984 he assisted in the bailout of Continental Illinois when it was seized by the Federal Deposit Insurance Corporation.
He was President of the World Bank from September 1991 until his death in May 1995.
Born New York City, Preston was the son of Lewis T. and Priscilla Baldwin Preston.
His father was a World War I flier and a well-known hunter.
His grandfather was a partner in Standard Oil.
Part of his youth was spent living in Paris.
He served in the US Marines during World War II in the Pacific and as an aide to Navy Secretary James Forrestal who was a friend of his mother.
He retired as CEO in February 1991.
From September 1991 until his death in Washington D.C. on May 4, 1995, he was President of the World Bank.
