John Gutfreund, American investor, Died at 86


John Halle Gutfreund was born on September 14, 1929, and died on March 9, 2016.

He was an American businessman and investor.

John Gutfreund was the CEO of Salomon Brothers Inc, an investment bank that gained notoriety in the 1980s.

He had turned Salomon Brothers from a private partnership into a publicly traded corporation which started a trend in Wall Street for investment companies to go public.

John Gutfreund became an icon for the excess that defined the 1980s culture in America.

The Business Week gave him the nickname “King of Wall Street”, during 1985,

Also, John was President of Gutfreund & Company, a New York-based financial consulting firm that specialized in advising corporations and financial institutions in the United States, Europe and Asia.

John Gutfreund passed away at 86