#2954
Nancy Lerner
United States 66 years old
Overview
- Source of Wealth
- Banking, credit cards
- Industry
- Finance & Investments
- Residence
- Cleveland, Ohio
- Education
- Cleveland State University (Doctor of Jurisprudence)University of Cincinnati (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 5
Biography
Nancy Lerner owes her riches to her billionaire dad, Al Lerner (d. 2002), and to his banking fortune.
Al started his career as a furniture salesman, invested in Cleveland-area real estate and bought control of Equitable Bancorp in 1981.
Equitable Bancorp and Maryland National formed the credit card giant MBNA, whose 2005 merger with Bank of America created a $35 billion enterprise.
The Lerners bought the Cleveland Browns in 1999 and sold the team to Jimmy Haslam for about $1 billion in 2012.