Rajat Gupta’s Wealth in Spotlight at Trial – NYTimes.com

Rajat Gupta’s Wealth in Spotlight at Trial – NYTimes.com.

Heather Webster, a private banker at JPMorgan Chase’s Chicago offices, leaving Federal District Court in Manhattan on Friday.

In April 2008, a private banker at JPMorgan Chase visited her prized clients, Anita and Rajat Gupta, at their home in Westport, Conn., an elegant waterfront estate that was once owned by the retail executive J.C. Penney.

The banker, Heather Webster, reviewed the prodigious wealth accumulated by Mr. Gupta, a former global head of McKinsey & Company, the elite management consulting firm. His net worth at the time, according to Ms. Webster’s notes from the meeting, was $84 million. An irrevocable trust was valued at $38 million. He also had about $11 million in cash.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s