Lori Wachs Birthday & Fun Facts

Height, Age, Net Worth, Biography & More

Kripal Thapa
Feb 08, 2024 By Kripal Thapa
Originally Published on Feb 08, 2023
Edited by Spandana Kantam
Fact-checked by Spandana Kantam
Age: 1-99
Read time: 4.4 Min

About Lori Wachs

Lori Wachs is an American businesswoman with 25 years of experience in investment.

She was born on August 11, 1968, in New York City to Kenneth and Roz Pearlman. She also has a brother Bert D. Pearlman.

Lori Wachs grew up with her parents and brother in New York City, where she attended a local high school. After graduating from high school, she went on to study finance with minors in East Asian studies at the Wharton School of Business, University of Pennsylvania. She graduated from the class with top honors. This became an academic testament as she was nominated to be a member of the Phi Beta Kappa Society at her business school.

After graduating with a top-class honorary degree in finance with minors in East Asian studies from Wharton School in 1990, she joined Goldman Sachs, a renowned investment bank, as an analyst at the Equity Risk Arbitrage department. By 1992, she gained a considerable amount of experience from Goldman Sachs as an analyst. She decided to join Philadelphia-based Delaware Investments, a small-mid capital growth equity firm focusing on the consumer sector.

She paved her path once she joined Delaware Investments through her commitment to the business, and she started to advance in her position there. She was made vice president and portfolio manager of the company in 1997. She worked for 17 years at Delaware Investments, where she assisted in managing investments in a variety of institutional and mutual fund products for the consumer market. This made a significant contribution to her net worth and helped her gain recognition as a prominent female investor in the finance industry. During her tenure as the vice president, she often made appearances on Bloomberg news, ABC World news, Good Morning America, and Fox News channel, where she would provide insights and critiques on the economic status and finance of the country.

She then decided to launch her own business, an investment firm, in 2010 with the help of her two colleagues. Cross Ledge Investments was the name of the business. By capitalizing on new trends and assisting the growth of the companies, she has a proven track record through her investment firm by identifying businesses that have revolutionized their respective industries. She frequently speaks on the topic of women's empowerment and inspiring young girls to pursue careers in the finance and investment industry. She was given a job at Springboard Growth Capital, an investment company that supports female-led, growth-stage businesses in the consumer sector, as an entrepreneur in residence. She became a founding partner of the company.

From Lori Wach's previous marriage with Martin Sachs, two of her children, Eric Wachs and Eli Wachs, were born. They separated after some time. Ali Velshi, a Canadian journalist who has served as a senior economics and business correspondent for NBC news since 2016, and Lori Wachs got married in 2009. She was a guest speaker on Ali's news channel, and they first got to know one another on the segment. As of 2022, Lori Wachs and Ali Velshi live with their daughter in Bryn Mawr, Montogomery County, Pennsylvania.

Lori Wachs' Net Worth, Earnings & Spending Habits

What is Lori Wachs' net worth?

Lori Wachs' net worth is not exactly known in the public database.

How much does Lori Wachs earn per year?

It is roughly estimated that Lori Wachs earns a good amount as a businesswoman. Much of her income is attributed to her business ventures' success and position in the companies.

Height, Age & Physical Attributes

How tall is Lori Wachs?

Lori Wachs' height is not exactly known.

How old is Lori Wachs?

As of 2022, Lori Wachs is 54 years old.

Childhood And Education

Lori Wachs was born as Lori Pearlman in New York on August 11, 1968, to Kenneth and Roz Pearlman. She has siblings, a brother named Bert D. Pearlman.

Lori Wachs completed her high school graduation and then pursued finance with minor is East Asian studies at the Wharton School of Business, University of Pennsylvania, in 1990.

Family, Romance, And Relationships

Who is Lori Wachs' partner?

Lori Wachs is married to Ali Velshi since 2009. Previously she was married to Martin Wachs, with whom she has two children; Eli Wachs and Eric Wachs. Ali Velshi is a Canadian television journalist and NBC journalist.

Career And Professional Highlights

Best Known For

Lori Wachs is a businesswoman, venture capitalist, hedge fund manager, and consumer analyst. She is known as the owner of Cross Ledge Investments and co-founder of Springboard Growth Capital. She is well known for being the wife of Ali Velshi.

Charity Work

The Barbara Bush Foundation for Family Literacy has Lori Wachs as one of its board members. She also served as a member of the University of Pennsylvania Women's Chair of Trustee's Council.

Other Interesting Lori Wachs Facts And Trivia

  • Ali Velshi, Lori Wachs' husband, is the host of his own MSNBC show as of 2022.
  • Lori Wachs is a Magnum Cum Laude and Benjamin Franklin Scholar from the Wharton School of Business, University of Pennsylvania.
  • One of her two children, Eli Wachs, is studying at Stanford University, and Eric Wachs is working as a press assistant for the streaming giant Netflix and is also a playwright.
  • Due to her excellent academic record, Lori Wachs was nominated and became a member of the Phi Beta Kappa Society.
  • Lori Wachs' husband's net worth is estimated to be above around $2 million.

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Lori Wachs Birthday & Fun Facts Facts

Birth Name

Lori Pearlman

Date of Birth

1968-08-11

Nationality

American

Place of Birth

New York City

Age

Child Star?

No

Education

Wharton School of Business

Partner

Ali Velshi

Parents

Roz Levith Pearlman, Kenneth Pearlman

Siblings

Bret Pearlman
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Sources

www.naijanews.comthepersonage.comwww.investopedia.com

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Written by Kripal Thapa

Bachelor of Arts specializing in Sociology, Master of Science specializing in Fashion Management

Kripal Thapa picture

Kripal ThapaBachelor of Arts specializing in Sociology, Master of Science specializing in Fashion Management

With a Bachelor of Arts degree in Sociology from North Bengal University and a Master's degree in Fashion Management from MAKAUT, Kripal is an accomplished marketing specialist. Through hands-on experience and industry-specific certifications, she has developed a strong expertise in various marketing domains. Kripal's skill set includes brand management, ad creativity, copywriting, content curation, Google Ads, pay-per-click advertising, and social media optimization and management. In her spare time, Kripal actively contributes to a transgender awareness project where she raises awareness about the complexities of transition, pre-trauma, and post-trauma of transition, trans mental health, and transgender rights.

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