Who is David Rubulotta?

David Thomas Rubulotta was born in 1973 in Pennsylvania, USA. He is a banking and finance executive, but probably best known as the husband of news anchor Erin Burnett. His wife works for CNN, best known for her work on the show “Erin Burnett Out Front”. She previously worked for NBC and CNBC.

David Rubulotta’s net worth

As of the beginning of 2020, David Rubulotta’s net worth is estimated to be over $12 million, earned through success in the financial industry. Although he earns a hefty salary at Citibank, he also owns several investment vehicles such as real estate and stocks.

He may also benefit somewhat from his wife’s success, who has a net worth estimated at over $6 million.

Early life and education

David has lived most of his life away from the spotlight, especially during his childhood growing up in suburban Pennsylvania. During this time, he developed a passion for business and hoped to become rich one day. After graduating from high school, he enrolled at Villanova University, where he earned a degree in marketing and advertising. He focused on business management as in the beginning he planned to make it big with these resources.

He then continued his studies by enrolling at Columbia University for a master’s degree in business administration. Columbia is one of the most prestigious universities in the world and is part of the private Ivy League. The school is responsible for several advancements in science, and many of its alumni have gone on to become prominent personalities in their own right. After completing his master’s degree, he started looking for an opportunity in the financial sector.

A career in finance

Rubulotta’s first job was with the now-defunct Lehman Brothers, where he worked as a broker and spent many years developing his skills in trading, stocks, and investment banking.

He gained wealth from the business, as he used his huge earnings to invest in various vehicles such as real estate. In 2008, Lehman would be one of the companies that would be significantly affected by the recession known as the global financial crisis. bankruptcy. This was caused by a majority of customers leaving the company, which in turn led to a drastic drop in their earning potential.

He left long before the company’s collapse because he was offered work as an executive at Citibank. He was hired as general manager, in fact introduced to the company by his wife, who had also found success in finance.

Citibank is owned by Citigroup and is known for its strong presence around the world. While the bank was also significantly affected by the recession, so were they supported by the US Treasury investing in it. Once the bank recovered, the US government benefited from the profits.

Wife – Erin Burnett

Erin grew up in Mardela Springs, Maryland, the daughter of a lawyer whose heritage stretches back to Scotland and Ireland. After graduating from high school, she enrolled at Williams College and completed a degree in political economy. She was also very athletic throughout her childhood, playing with her college’s hockey and lacrosse teams.

She then continued her studies and took a master’s degree in political science and economics.

Like her husband, she started her career in the financial industry and developed her experience and skills at the Goldman Sachs company, where she worked as a financial analyst, specifically in their investment banking division. Eventually, her expertise was sought out by media companies and she was contacted by CNN, where she worked part-time as a writer. She eventually left Goldman Sachs because she was offered a better position at CitiMedia, a part of Citigroup. She became vice president of the division and her position there also opened the door for her husband.

After joining Citigroup, she was approached by Bloomberg Television, for which she worked as a presenter.

Recent projects and controversies

In 2005, Burnett moved from Bloomberg to CNBC, where she became the host of programs such as “Squawk on the Street” and “Street Signs”, both focused on business, and remained there for the next six years. During this time, she earned accolades for her investigative report on the Transammonia company, discovering that the company was buying ammonia from Iran, which led to the company cutting all ties with the country. Although she had good experiences with CNBC, she found one better possibility at CNN, which she joined in 2011.

With her contract with the company, she got a program later called “Erin Burnett Out Front”, the hour focused on breaking news with analysis. She has been accused of being prejudiced in her reporting, especially when it comes to business news due to her background in working with major financial firms on Wall Street. Despite this, CNN respects her opinion and allows her to express it as part of its program. She has been highly critical of former presidential candidate Hillary Clinton, who has been outspoken about Trump’s speculated conspiracies with Russia.

Private life

David met Erin through a mutual friend, apparently ‘love at first’ sight. They were together for eight years before he proposed to her while vacationing on a private island in the Caribbean. She married in December 2012, with the wedding reportedly centered around Christmas, a lavish event where they both wore luxury brands in front of many guests. Since then, the couple has had two children.

David is known to be a strong supporter of the Republican party, as is his wife. He has donated to political campaigns several times, including Governor Chris Christie’s 2009 campaign. He also donated money during the 2016 presidential campaign targeting the Republican party.