- Joseph R. Perella
Infobox Person
name = Joseph R. Perella
image_size = 200px
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birth_date = birth date and age|1941|9|20
birth_place =Brooklyn, New York
death_date =
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death_cause =
nationality = flag|United States
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education =
alma_mater =Lehigh University Harvard Business School
employer =Perella Weinberg Partners
occupation =Financier
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salary =
networth = 1 billion US dollars
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footnotes =Joseph R. Perella (born
September 20 ,1941 ) is anItalian American financier . Born inBrooklyn, New York as son of an accountant, he graduated fromLehigh University in 1964 on a full scholarship, becoming anaccountant on his own. Then he attended and graduated fromHarvard Business School in May, 1972.In the fall of 1972 he was hired as an associate at First Boston, where he worked in the
mergers and acquisitions department. He remained with First Boston until 1985 when he teamed up with associateBruce Wasserstein to create their own mergers and acquisitions advisory business asWasserstein Perella & Co. . Their company was at the forefront of the 1980s/90s boom in corporate takeovers.Joseph Perella left Wasserstein Perella in
1992 /1993 to joinMorgan Stanley where he was first head of mergers and acquisitions then chairman of the Institutional Securities and Investment Banking Group. Perella and other top executives resigned from Morgan Stanley in2005 in the wake of policy disagreements with ChairmanPhilip J. Purcell . Purcell soon resigned following more high level departures from Morgan Stanley.One of the most high profile deals Perella advised on following his departure from Morgan Stanley was advising on the Bank of America takeover of leading credit card company MBNA. In November 2005, Perella and former Morgan Stanley banker Terry Meguid announced they were opening an investment banking boutique. On
June 15 ,2006 , Perella announced the formation of a new financial services firm,Perella Weinberg Partners based in New York and London.Joseph Perella is a
Lehigh University trustee and in 2004 he and his wife Amy donated $10 million to the College of Business and Economics to endow the "Perella Department of Finance." The College announced that it will use the interest from the largest such donation in its history to fund a minimum of four endowed positions.fact|date=September 2008 In addition, the couple created "The Amy and Joseph Perella Professor of Medicine" atYale University .fact|date=September 2008 Furthermore he is an extremely active member of the National Italian American Federation, and to date is the wealthiest Italian American with an estimated net worth of close to 1 billion dollars according to "Forbes".fact|date=September 2008
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