Few names in finance carry the weight and reverence of Art Cashin, the legendary figure whose presence on the New York Stock Exchange floor spanned more than six decades. Known for his sharp wit, iconic Irish sweater, and deep market insights, Cashin was more than just a financial expert — he was a symbol of Wall Street tradition and resilience.
At the time of his passing in late 2024, Art Cashin’s net worth was estimated at $10 million, a testament to a career built on expertise, loyalty, and leadership in one of the most competitive industries in the world.
Why is everyone talking about Art Cashin now? As tributes pour in from across the financial world and his memorable CNBC commentary circulates online, people are curious about the man behind the legend — and the fortune he quietly amassed.
In this article, we’ll break down Art Cashin’s salary, wealth, career milestones, income sources, assets, and the legacy he leaves behind on Wall Street and beyond.
Art Cashin’s Net Worth in 2025
At the time of his passing in December 2024, Art Cashin’s net worth was estimated at approximately $10 million, according to CelebrityNetWorth. While not on the scale of some modern hedge fund billionaires, Cashin’s wealth reflected a lifetime of steady, high-level income from Wall Street operations, media contributions, and long-standing affiliations with major financial institutions like UBS.
His net worth wasn’t built on splashy ventures or celebrity endorsements, but rather through decades of consistent, high-stakes involvement in the financial markets. As Director of Floor Operations for UBS Financial Services and a former partner at P.R. Herzig & Co., Cashin earned respect and income through leadership and longevity.
Estimated Net Worth Over Time
| Year | Estimated Net Worth | Key Factors |
| 2015 | $5 million | UBS salary, early investments, media presence begins to grow |
| 2018 | $6.5 million | Increased CNBC contributions, newsletter popularity grows |
| 2020 | $8 million | Market gains, high-profile media commentary |
| 2023 | $9.5 million | Retirement influence, legacy recognition, accumulated investments |
| 2025 | $10 million | Lifetime earnings, continued post-retirement investments, brand value |
Key Contributors to His Net Worth
UBS Financial Services Salary: As a senior executive and longtime NYSE floor leader, Cashin commanded a significant salary and likely benefited from bonuses and stock options.
CNBC Media Appearances: His decades-long presence as a trusted market voice on CNBC added to both his influence and income.
“Cashin’s Comments” Newsletter: Reaching over 100,000 readers daily, his newsletter likely brought in advertising or syndication income.
Smart Investments: As a market veteran, Cashin was believed to have strategically invested over the years, contributing to his net worth growth.
How Art Cashin Made Money
Art Cashin’s wealth was built the old-fashioned way — through decades of high-level work in finance, consistent media contributions, and smart investment decisions. While he wasn’t known for flashy deals or celebrity endorsements, the structure of his income was rooted in credibility, longevity, and influence within Wall Street circles.
Salaries from Wall Street Roles
The largest contributor to Cashin’s income was his salary as Director of Floor Operations at UBS Financial Services, a position he held for over 30 years following UBS’s acquisition of PaineWebber in 2000. Though his exact salary has not been made public, comparable roles at major financial firms typically command annual compensation in the range of $300,000 to $500,000, with senior floor directors possibly earning even more when bonuses and incentives are factored in.
Before UBS, Cashin was a partner at P.R. Herzig & Co. and a member of the NYSE by age 23 — roles that likely included profit-sharing or equity stakes.
Media Contributions and Appearances
Cashin was a frequent on-air contributor to CNBC for over 25 years. While the financial details of his media work are not disclosed, contributors of his caliber typically receive appearance fees or retainers in the range of $2,000 to $10,000 per appearance, depending on their profile and exclusivity agreements.
His daily market commentary, “Cashin’s Comments,” was widely read by institutional investors and market watchers — reaching more than 100,000 readers daily, according to Hindustan Times. This influence may have opened the door to additional speaking engagements or consulting roles behind the scenes.
Investments and Business Deals
Though he didn’t publicly flaunt his portfolio, Art Cashin was deeply embedded in the financial markets for over six decades — a time span that gave him both insight and opportunity to invest strategically. His long-term exposure to market movements, early access to trading floor sentiment, and network of high-level contacts likely enabled him to make steady gains through equities, mutual funds, or retirement accounts.
While there’s no record of startups or private equity ventures, his disciplined, long-term investment strategy helped him quietly grow his wealth over time, especially during bullish periods in the 2010s and 2020s.
Endorsements and Other Income
Unlike many modern public figures, Cashin did not engage in brand endorsements or product sponsorships. His reputation was built on trust and professionalism, and he maintained a reserved, old-school approach to public life.
That said, he may have received honorariums for financial conference appearances, market seminars, or private consulting for institutions — especially given his stature as a market historian and seasoned trader.
Art Cashin Career Timeline
1939: Born on March 7 in New Jersey, USA.
1957: Graduated from Xavier High School in Manhattan. Opted to enter the workforce instead of attending college due to family financial needs.
1959: Began career on Wall Street at age 17 as an assistant clerk at Thomson & McKinnon.
1964: At just 23, became one of the youngest-ever members of the New York Stock Exchange (NYSE) and a partner at P.R. Herzig & Co.
1960s–1970s: Rose through the ranks of Wall Street, establishing a reputation as a highly respected floor broker and market strategist.
1980: Joined PaineWebber, where he would eventually head floor operations at the NYSE.
2000: After UBS acquired PaineWebber, Cashin continued in his role as Director of Floor Operations for UBS Financial Services — a position he held until his death.
2000s: Became a regular contributor on CNBC, known for his sharp market insights and personable storytelling style.
2006: His newsletter, “Cashin’s Comments,” gained national reach, read daily by over 100,000 financial professionals and investors.
2007: Honored with a seat on the NYSE’s Emergency Crisis Committee, reflecting his deep institutional knowledge and steady leadership.
2010s: Recognized as one of the most influential voices on Wall Street, often quoted during major financial events and market corrections.
2020: Celebrated 60 years on Wall Street, becoming one of the longest-serving members of the NYSE floor community.
2023: Rumors of semi-retirement circulated, but Cashin remained active in market commentary and UBS operations.
2024 (December): Passed away at age 83. At the time of his death, his net worth was estimated at $10 million, according to CelebrityNetWorth.
Art Cashin’s Assets and Luxury Lifestyle
While Art Cashin was a legend on Wall Street, his personal lifestyle was far more understated than one might expect for someone of his stature. Known for his modesty and grounded personality, Cashin didn’t flaunt wealth through extravagant purchases or media displays. That said, he did enjoy a comfortable lifestyle built on decades of financial success and smart investments.
Real Estate
There are no public records confirming that Art Cashin owned multiple luxury properties, but it’s widely believed he resided in the New York metro area, likely in Manhattan or nearby New Jersey, to remain close to the New York Stock Exchange. Given his long tenure and senior roles, it is reasonable to estimate that his primary residence was valued between $1.5 million and $3 million, depending on the exact location and amenities.
Cashin was known to value proximity to Wall Street and tradition over extravagance, which shaped his real estate choices.
Cars and Transportation
Cashin was not known for collecting luxury vehicles or driving exotic cars. Unlike many high-net-worth individuals, he preferred a low-profile lifestyle, and no records suggest ownership of high-end brands like Ferrari, Bentley, or Rolls-Royce. He also did not own a private jet, preferring simplicity and practicality over lavish travel.
Fashion and Personal Style
One of Art Cashin’s most iconic traits was his signature Irish fisherman’s sweater, which he wore regularly on the NYSE trading floor — even in an era of modern business attire. This simple yet memorable fashion choice became a hallmark of his personal brand, symbolizing his old-school values and grounded approach to finance.
He did not showcase luxury jewelry or watches, and there are no known records of high-value fashion or accessory investments.
Other Assets and Unusual Purchases
While he may have invested in traditional asset classes like equities, mutual funds, and retirement accounts, there are no reports of Art Cashin owning art collections, yachts, or cryptocurrency portfolios. His investment strategy was disciplined, traditional, and rooted in long-term value.
In fact, one of his most notable “lifestyle” contributions was not a personal purchase, but rather his philanthropy. He supported the NYSE Fallen Heroes Fund and founded the Exchange Christmas Dinner Fund, which fed over 185,000 people annually by 2006 — demonstrating his preference for legacy over luxury.
Art Cashin’s Personal Life
Art Cashin was born on March 7, 1939, in New Jersey. At the time of his passing in December 2024, he was 85 years old. Raised in a working-class, Catholic household, Cashin’s early life was shaped by both discipline and financial hardship, which influenced his decision to enter the workforce straight out of high school to support his family.
Education and Early Influences
Cashin graduated from Xavier High School, a Jesuit institution in Manhattan known for its rigorous academic standards. Though he was accepted into Fordham University, financial challenges prevented him from attending college — a reality that only fueled his drive to succeed on Wall Street.
His self-made journey, from a teenage clerk to one of the most respected voices in financial markets, reflects a rare combination of grit, loyalty, and market instinct.
Family and Relationships
Cashin’s wife, Joan Perkowski, died in 1998 after 36 years of marriage. They had two sons and a daughter, Jennifer, who died in 2007.
Lifestyle Habits and Character
Cashin was beloved for his down-to-earth demeanor and sharp wit. He had a daily ritual of storytelling and market commentary, often blending humor with historical insight in his famed newsletter, Cashin’s Comments. Despite his wealth, he maintained a humble and approachable presence, regularly engaging with colleagues on the NYSE floor even into his 80s.
Philanthropic Contributions
One of the most consistent themes in Cashin’s personal life was philanthropy. He chaired the NYSE’s “Fallen Heroes Fund”, supporting the families of first responders, and founded the Exchange Christmas Dinner Fund, which by 2006 had already provided meals to more than 185,000 people annually.
These acts of service weren’t just side projects — they were central to how Cashin viewed his legacy. His generosity and sense of duty reinforced the notion that true wealth is not just what you earn, but what you give back.
Fun Facts
Sweater Icon: Art was famous for wearing a cozy Irish fisherman’s sweater on the NYSE floor—his unofficial trademark in a sea of suits.
Market Memory Master: He could recall the exact dates and details of historic market crashes off the top of his head—earning him the nickname “Wall Street’s Historian.”
Storyteller-in-Chief: Cashin was known for his witty, colorful market commentary that mixed finance with folklore—often including Irish proverbs or pop culture nods.
Holiday Traditions Leader: Every Christmas and New Year’s Eve, Art led NYSE floor traders in singing “Wait ‘Til the Sun Shines, Nellie”—a beloved ritual he upheld for decades.
Turned Down TV Stardom: Despite being a CNBC regular, he never sought full-time fame—he once declined multiple offers to write books or do financial TV full-time, preferring the action of the trading floor.
Net Worth Comparison Table
| Name | Profession | Net Worth (2025) |
| Art Cashin | NYSE Veteran, UBS Floor Director | $10 Million |
| Jim Cramer | TV Host, Former Hedge Fund Manager | $150 Million |
| Peter Schiff | Economist, Investment Broker | $70 Million |
| Maria Bartiromo | Financial News Anchor & Author | $50 Million |
| Carl Icahn | Billionaire Investor & Corporate Raider | $5 Billion |
FAQs
What was Art Cashin’s net worth in 2025?
Art Cashin’s net worth in 2025 was estimated at $10 million. His wealth came primarily from decades in high-level Wall Street roles and media commentary.
How did Art Cashin make his money?
Cashin earned most of his income as Director of Floor Operations at UBS, along with media appearances on CNBC and his popular newsletter Cashin’s Comments. He also invested strategically over his six-decade career.
Did Art Cashin own any luxury homes or real estate?
While details are limited, Cashin was believed to own property in the New York metro area, likely valued between $1.5 and $3 million, based on comparable residences.
Was Art Cashin married or in a relationship?
Cashin’s wife, Joan Perkowski, died in 1998 after 36 years of marriage. They had two sons and a daughter, Jennifer, who died in 2007.
Did Art Cashin have any brand endorsements or sponsorships?
No. Cashin did not engage in endorsements or sponsorships, maintaining a professional reputation rooted in trust and traditional finance.
What was Art Cashin’s salary at UBS?
Although exact figures are unavailable, similar roles at major firms typically earn $300,000–$500,000+ annually, plus bonuses and benefits tied to seniority and performance.
Conclusion
Art Cashin’s legacy is one of quiet power, deep market wisdom, and unwavering professionalism. From starting as a teenage clerk to becoming one of the most respected voices on the NYSE floor, his six-decade career was marked by resilience, influence, and a commitment to financial integrity. At the time of his passing in late 2024, Art Cashin’s net worth stood at $10 million, a reflection not just of his earnings but of a life spent at the heart of Wall Street.
Though there are no future projects in the pipeline, Cashin’s insights, traditions, and market commentary will continue to inspire investors, analysts, and financial storytellers for years to come.
Explore more net worth profiles on our site to see how today’s top voices in finance and media stack up.
Mohit is a media researcher and co-founder of TheNetWorths.com, with over 5 years of experience analyzing celebrity income, brand deals, and the creator economy. He delivers data-backed insights on how today’s stars grow their wealth and influence—trusted by readers and digital entrepreneurs.