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July 30, 2026Short & citedBlog
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Howard Lutnick

Howard Lutnick is an American businessman and government official best known as the longtime chairman and chief executive of Cantor Fitzgerald.

Updated July 30, 20261 min readCited sources

Howard Lutnick is an American businessman and the 41st U.S. Secretary of Commerce. He is best known as the longtime chairman and CEO of Cantor Fitzgerald and for surviving the September 11 attacks.

What it is

Howard Lutnick is the chairman and chief executive of Cantor Fitzgerald, a global financial services firm. He joined the company in 1983 and became president and CEO in 1991. In 2025, he was confirmed as U.S. Secretary of Commerce under President Donald Trump.

Why it matters

As Commerce Secretary, Lutnick oversees U.S. trade and tariff policy, which directly affects Canada–U.S. business relations. His decisions on tariffs and cross-border markets are closely watched by Canadian industries and policymakers.

Key details

Lutnick survived the September 11, 2001 attacks because he was taking his son to kindergarten; Cantor Fitzgerald lost 658 employees that day, including his brother Gary. He built a net worth of at least US$1.5 billion and owns about 60% of Cantor Fitzgerald.

In short

  • Chairman and CEO of Cantor Fitzgerald since the 1990s.
  • Survived the 9/11 attacks; his firm lost 658 employees.
  • Became U.S. Secretary of Commerce in 2025.
  • Net worth of at least US$1.5 billion.
Canadian angle

Howard Lutnick is relevant to Canadian readers mainly through his role in U.S. trade and commerce policy, which can affect Canada-U.S. business relations, tariffs, and cross-border markets.[7][8]

Quick questions

Who is Howard Lutnick?
Howard Lutnick is an American businessman and government official best known as the longtime chairman and CEO of Cantor Fitzgerald and as the 41st U.S. Secretary of Commerce.
What happened to Howard Lutnick on 9/11?
He survived the September 11 attacks because he was away taking his son to kindergarten when the World Trade Center was struck. His firm lost 658 employees that day.
What company does Howard Lutnick run?
He has long been associated with Cantor Fitzgerald, where he served as chairman and CEO.

Sources

  1. Simple English Wikipediahttps://simple.wikipedia.org/wiki/Howard_Lutnick
    Supports: Birth date, role as Cantor Fitzgerald chairman, 9/11 survival, and net worth estimate.
  2. Encyclopaedia Britannicahttps://www.britannica.com/money/Howard-Lutnick
    Supports: Biography, 9/11 account, family details, and leadership at Cantor Fitzgerald.
  3. Associated Presshttps://www.apnews.com/article/howard-lutnick-trump-crypto-economy-elon-musk-a03d95e323f7d2d4b722184d83e7b388
    Supports: Cantor Fitzgerald leadership and 9/11 losses at the firm.
  4. Miller Centerhttps://www.millercenter.org/howard-lutnick-2025
    Supports: Birth date, Cantor Fitzgerald career timeline, and commerce secretary appointment.
  5. MarketsWikihttps://www.marketswiki.com/wiki/Howard_Lutnick
    Supports: Commerce secretary role and Cantor Fitzgerald/BGC leadership history.
  6. TIMEhttps://time.com/collections/100-most-influential-people-2025/7273801/howard-lutnick/
    Supports: Net worth estimate above US$2 billion and general profile.
  7. OpenSecretshttps://www.opensecrets.org/news/2025/03/trump-administration-profile-howard-lutnick/
    Supports: Commerce secretary confirmation and transition role.