Alan Wilzig is a successful businessman, race car driver, and philanthropist. He is best known for his work in the banking and financial industry and his passion for motorsports. Alan Wilzig net worth is approximated at 660 million dollars.
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Early Years
Born in 1961, Alan Wilzig grew up in New York City. He was raised in a Jewish family and spent his childhood on the Upper West Side of Manhattan. His father, Siggi Wilzig, was a Holocaust survivor and successful businessman who immigrated to the United States from Poland. His mother, Irene Wilzig, was a homemaker.
Education
Upon graduating from Trinity College in Hartford, Connecticut, Wilzig studied economics at the Dwight-Englewood School in New Jersey. Upon graduating from college, he earned an MBA from Columbia Business School.
A career in Banking and Finance
After completing his education, Wilzig began his career in the banking industry, working for Chase Manhattan and Citibank.
Wilzig’s career in banking and finance began at Chemical Bank, where he worked as a credit analyst. Afterward, he worked in the foreign exchange department of the National Westminster Bank. In 1989, he joined the Trust Company of New Jersey, where he worked as a Vice President and Manager of Foreign Exchange.
In 1992, Wilzig founded the Wilzig Racing Trust, one of the world’s largest and most successful foreign exchange hedge funds. He served as the Trust’s President and Chief Investment Officer until 2000 when it was sold to UBS.
Following the sale of the Wilzig Racing Trust, Wilzig founded The Trust Company of New Jersey, a commercial bank specializing in international trade finance. He served as the bank’s Chairman and CEO until it was sold in 2008.
Motorsports and Philanthropy
In addition to his career in banking and finance, Wilzig has a deep passion for motorsports. Aside from competing in the 24 Hours of Le Mans, Rolex 24 at Daytona, and the 12 Hours of Sebring, he also raced in the 24 Hours of Sebring.
Wilzig is also heavily involved in philanthropy and has been a member of the Board of Directors of the Children’s Tumor Foundation and the International Motor Racing Research Center. He also created the Alan Wilzig Racing Scholarship, funding young drivers to pursue their dreams of becoming professional race car drivers.
Alan Wilzig net worth
The exact Figure of Alan Wilzig Net Worth is not known. But he owns a two-wheeler and four-wheeler racing company named Alanmoto in addition to being the CEO, President, and Chairman of New Jersey Trust Company. The estimation of Alan Wilzig net worth is 660 million dollars.
Alan Wilzig’s marriage life
Alan Wilzig has been married once. He was married to Amanda Wilzig, a model and actress. In 2005, they got married and divorced in 2013. They don’t have any children together.
During their marriage, the couple was known for their extravagant lifestyle and unique personal interests. They were regular fixtures in the New York City social scene and were often photographed at high-profile events. They were also known for their collection of motorcycles and vintage cars and their involvement in the world of motorsports.
Alan Wilzig has a son from a previous relationship named Asher. After their divorce, both Amanda and Alan have moved on with their lives. Alan has continued to be successful in his business and racing pursuits, and Amanda has continued to work as a model and actress. It is unclear if Alan Wilzig has remarried or is currently in any other relationship.
Investment in real estate
Alan Wilzig is a successful business entrepreneur and investor focusing on real estate. He has invested in various real estate projects, from luxury residential properties to commercial developments. One of his most notable investments is building a luxury resort in upstate New York called The Lodge.
The Lodge is a modern and unique property that features a variety of amenities, including a spa, fitness center, and restaurant. Additionally, the property is home to several private villas and cottages, which can be rented out for events and special occasions.
Wilzig’s real estate investments are characterized by his ability to identify undervalued properties and turn them into valuable assets through creative and strategic redevelopment. He also has a keen eye for design and is known for creating visually stunning and livable spaces.
Apart from The Lodge, Wilzig has also invested in several other real estate projects, including developing a luxury apartment building in New York City and restoring a historic hotel in the Catskills.
Additionally, Wilzig is also known for his philanthropy and community involvement. He has actively supported several charitable organizations and is committed to positively impacting the communities where his properties are located.
Awards and Achievements
- In 2010, Wilzig was honored with the “Entrepreneur of the Year” award by the Long Island Center for Business and Professional Women.
- The American Motorcyclist Association inducted him into its Hall of Fame in 2014.
- He also won the prestigious “Spirit of Daytona” award in 2014, given to individuals who have made significant contributions to motorcycle road racing.
Lesser Known Facts about Alan Wilzig
- Wilzig is a former professional motorcycle racer and has competed in multiple AMA Pro Racing events.
- He is also a successful businessman and entrepreneur, having founded and operated various companies, including the Trust Company of New Jersey.
- In addition to his professional pursuits, Wilzig is a philanthropist and has been involved in various charitable organizations, including the Wilzig Racing Museum and the Wilzig Hospitality Center.
- He also has been a collector of art and cars; he has a private Museum in upstate New York where he displays his collection of motorcycles, cars, and art.
- Alan Wilzig is a well-rounded individual who has succeeded in his professional and personal endeavors. He has been honored with several awards and has made significant contributions to business, motorcycle racing, and philanthropy.
Conclusion
Alan Wilzig is a highly accomplished businessman, race car driver, and philanthropist. His career in banking and finance has been highly successful, and his passion for motorsports has led him to become a competitive and accomplished race car driver. Additionally, his philanthropy work shows his dedication to giving back to society. Wilzig continues to be active in both the business and racing communities. Alan Wilzig Net Worth is around about
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FAQs (Frequently Asked Questions)
Alan Wilzig is a former professional race car driver, businessman, and philanthropist. Currently serving as chairman of the Wilzig Racing Museum, he was the former CEO of Trust Company New Jersey.
The Wilzig Racing Museum is a private collection of motorcycles, cars, and racing memorabilia owned by Alan Wilzig. The collection includes over 100 vintage and modern motorcycles, as well as a variety of cars and racing suits. By appointment only, the museum is open to the public.
Alan Wilzig has been involved in a variety of philanthropic efforts, particularly in the areas of education and healthcare. He has served on the boards of several non-profit organizations, including the Hackensack University Medical Center Foundation and the New Jersey chapter of the Leukemia and Lymphoma Society. He also founded the Wilzig Racing Academy, which provides underprivileged children with the opportunity to learn about motorsports and engineering.
A former driver of the Daytona 24 Hours and Le Mans 24 Hours, Wilzig began racing in the 1980s. He also competed in several motorcycle racing events and won several races in the American Motorcyclist Association. He retired from professional racing in the late 1990s to focus on his business and philanthropic endeavors.
