Peter Orszag Net Worth and Bio: Real Wealth Revealed

You see his name in a Bloomberg column, then on a Lazard earnings release, and later next to the words “Obama budget director.” It’s a lot of résumé for one person, which is why so many people end up typing a single question into Google: how rich is he, really?

This guide covers peter orszag net worth and bio in one place, with documented pay figures, his career path, his family, and a clear line between fact and estimate. You’ll also see where a typical peter orszag networth and bio page gets things wrong. Read on for the numbers.

LSI, NLP and entity terms used (bolded in the article): Peter Richard Orszag, Lazard, Inc., CEO and Chairman, Financial Advisory, Congressional Budget Office, Office of Management and Budget, Obama administration, Affordable Care Act, Citigroup, Brookings Institution, Council of Economic Advisers, Princeton University, London School of Economics, Phillips Exeter Academy, Steven Orszag, Jonathan Orszag, Bianna Golodryga, Bloomberg Opinion, Argentina debt restructuring, executive compensation, SEC proxy statement, restricted stock, Lazard 2030 plan.

Peter Orszag Net Worth and Bio Profile Summary

Peter Richard Orszag is an American economist, investment banker, and former White House budget chief. He now leads Lazard, the global financial advisory and asset management firm, as chief executive. His career crosses three worlds: academic economics, federal government, and Wall Street.

Here is a fast snapshot. Pay figures come from company filings and data aggregators, while the net worth line is an outside estimate that no one has verified.

Detail	Information
Full name	Peter Richard Orszag
Born	December 16, 1968, Boston, Massachusetts
Age (October 2026)	57, turning 58 on December 16
Current role	CEO and Chairman, Lazard, Inc.
Past government roles	CBO Director; OMB Director under President Obama
Education	Princeton (economics), London School of Economics (M.Sc., Ph.D.)
Spouse	Bianna Golodryga (married 2010)
Reported 2025 total compensation	About $13.7 million (SEC-based data)
Net worth (estimate)	Commonly cited $20 million to $36.7 million, unverified

Peter Orszag Networth and Bio

Orszag’s story starts with academic pedigree and then moves quickly into power. He grew up near Boston, studied at elite schools, and entered policy work as a young economist. By his late thirties he was running the Congressional Budget Office, and by 40 he was in the Obama cabinet.

What makes the bio unusual is how often he moved between public and private roles. After the White House he went to Citigroup, then to Lazard, where he rose from vice chairman to chief executive. Along the way he kept writing as a Bloomberg Opinion columnist and kept a hand in policy debates. Because his pay at Lazard is disclosed in SEC proxy statements, his bio has something rare for a celebrity-style profile: actual documents to check.

Peter Orszag Net Worth and Bio & Date of Birth

Orszag was born on December 16, 1968, in Boston, Massachusetts. That makes him 57 today, October 15, 2026, and he turns 58 in about two months. He is a Sagittarius. Pages that list his age as 56 or 58 are simply using the wrong year or date.

Age is useful context for his earnings. Executives at his level often see pay climb after they take the top job, and he became Lazard’s CEO in his mid-fifties. Simply Wall St lists him as CEO since October 2023, which means his current pay reflects a newer, bigger role than his earlier years at the firm.

Fact	Detail
Date of birth	December 16, 1968
Birthplace	Boston, Massachusetts
Raised in	Lexington, Massachusetts
Zodiac sign	Sagittarius
Age on October 15, 2026	57
Next birthday	58, on December 16, 2026

Early Life and Education

Orszag grew up in Lexington, Massachusetts, in a family that valued academics. His father, Steven Orszag, was a well-known applied mathematician and Yale professor, and his brother Jonathan Orszag later became a prominent economic consultant. That household shaped how he thought about numbers, models, and public policy.

His education reads like a ladder to the top. He attended Phillips Exeter Academy, then graduated summa cum laude in economics from Princeton University. He went on to the London School of Economics, where he earned a master’s degree and a Ph.D. in economics. Those credentials gave him credibility with both academics and policymakers, which proved useful when he moved into government.

• He attended Phillips Exeter Academy, one of the most selective prep schools in the country.
• He graduated from Princeton with top honors in economics.
• He completed his M.Sc. and Ph.D. at the London School of Economics.
• His father was a respected Yale mathematician.
• His brother Jonathan also built a career in economics and consulting.

Peter Orszag Career Journey

Orszag’s career divides neatly into three phases. First came research and policy work, then high-level government jobs, and finally leadership in global finance. Each phase added something the next one needed: analytical depth, political access, and deal-making credibility.

This progression also explains his pay history. Government salaries were modest, Citigroup paid far more, and Lazard’s CEO job brought a package that now runs into eight figures. Understanding that arc is the key to any serious estimate of peter orszag net worth and bio.

• He began in economic research, including work at the Brookings Institution.
• He served in the Clinton administration on economic policy staff.
• He directed the Congressional Budget Office from January 2007 to late 2008.
• He directed the Office of Management and Budget under President Obama.
• He moved to Citigroup in 2011 and then to Lazard in 2016.

Rise to Prominence

His breakthrough came at the Congressional Budget Office. He was appointed in January 2007, and during his tenure he repeatedly highlighted rising healthcare costs as a major long-term fiscal threat. That focus later made him a natural fit for the Obama team during the push to overhaul health care.

In late 2008, President-elect Obama named him to lead the Office of Management and Budget, the White House office that builds the federal budget. He took the job during the aftermath of the financial crisis and helped shape fiscal policy, including the budget framework around the Affordable Care Act. He left government in 2010, which opened the door to Wall Street.

Major Achievements

His achievements are easier to trace than most because they happened in public institutions and public companies. They also show why Lazard chose him as its leader.

• He led the CBO and then the OMB, two of the most important budget jobs in Washington.
• He joined Lazard in May 2016 and rose to run its Financial Advisory business.
• He became Lazard’s CEO in late 2023 and later added the chairman title.
• Lazard advised Argentina during its 2020 sovereign debt restructuring, work widely credited to his team.
• He co-authored the book Saving Social Security and writes for Bloomberg Opinion.

How Much is Peter Orszag Net Worth in 2026?

Here is the honest answer: no verified figure exists. Orszag has never published his net worth, and no financial filing sums up his total wealth. The most repeated estimate online is $20 million to $36.7 million, which is wide because part of his wealth is tied to Lazard stock.

That range is plausible, given what is documented. He has earned multi-million-dollar annual pay for years, and he holds Lazard equity that rises and falls with the share price. Simply Wall St estimates his ownership at about 0.21 percent of the company, worth roughly $8.9 million, which is a snapshot, not a total. Add savings, past earnings, and other assets, and tens of millions is reasonable. Anything more precise is a guess.

Peter Orszag Net Worth Income Sources

Orszag’s wealth comes mostly from compensation, not from a single windfall. The biggest piece is his Lazard pay, which mixes a fixed salary with bonuses and stock awards. Earlier jobs at Citigroup and in government added to savings, while writing and speaking add smaller amounts.

The table below lists the main sources and what is actually known about each. It deliberately avoids inventing numbers where none are public.

Income source	What is known
Lazard CEO pay	Disclosed in SEC proxy statements, eight figures annually
Lazard stock holdings	Value changes with share price, roughly $8.9M per one aggregator
Citigroup (2011 to 2016)	Past pay reported in the multi-millions, details limited
Government roles	Modest public salaries
Writing and speaking	Bloomberg column, books, no fee data public

Peter Orszag Networth and Bio Salary and Compensation

Unlike many celebrity profiles, this one can rely on real filings. Lazard’s proxy statement says total compensation for Orszag in 2024 was $15 million, at the midpoint of the CEO market reference range, with performance-based pay making up about 94 percent. That is the figure the compensation committee awarded.

Aggregators that use the “summary compensation table” show slightly different numbers because they count stock awards differently. The AFL-CIO’s Paywatch lists 2024 total compensation at about $11.4 million, including a $900,000 salary and a $3.9 million bonus. Salary.com reports $13.7 million for fiscal 2025, including $8.67 million in stock. The differences are normal, and both numbers are real, just measured in different ways.

Year	Reported total compensation	Source type
2020	About $8.2 million	Proxy-based aggregator
2021	About $8.5 million	Proxy-based aggregator
2022	About $9.7 million	Proxy-based aggregator
2024	$11.4 million (table) or $15 million (awarded)	AFL-CIO and Lazard proxy
2025	About $13.7 million	Salary.com, proxy-based

Peter Orszag vs Other Personalities – Net Worth & Popularity Comparison

Comparing Orszag with other former policy leaders shows how different the paths can be. Tim Geithner left the Treasury Department for private equity at Warburg Pincus. Ben Bernanke moved to a think tank and advised financial firms. Orszag chose a third route: running a publicly traded advisory firm.

That choice matters for transparency. Because Lazard is a public company, his pay appears in regulatory filings, while peers at private firms rarely disclose theirs. So any ranking of net worth between these figures would rest on guesses. The table compares roles and disclosure instead of inventing dollar numbers.

Figure	Post-government path	Pay disclosure
Peter Orszag	Citigroup, then Lazard CEO	Public, via SEC filings
Tim Geithner	Private equity leadership	Mostly private
Ben Bernanke	Think tank and advisory roles	Limited, partly private
Larry Summers	Academia and board roles	Mixed, partly private

Peter Orszag Personal Life & Relationships

Orszag has been married more than once. He reportedly married Cameron Kennedy in 1997, and the couple divorced in 2006. He later met Bianna Golodryga, a journalist, at the White House Correspondents’ Dinner in 2009. They married in September 2010 and have remained largely private since.

Public details about his family are limited, which is typical for a financial executive. He is reported to have five children across his relationships. This article doesn’t name the younger ones, since several are minors or young adults who never sought public attention. What follows is the verified outline.

• He first married in 1997, and that marriage ended in 2006.
• He met Bianna Golodryga in 2009 and married her in September 2010.
• He has five reported children across his marriages and relationships.
• The family keeps a low profile despite both spouses having public careers.
• His wife is a journalist whose CNN title has changed over time.

Peter Orszag Physical Appearance

Reliable sources do not publish a verified height, weight, or measurements for Orszag, so any exact numbers you see online are unverified. What can be said is that he has a conventional executive look: tailored suits, a measured manner, and a calm speaking style that fits television and conference stages.

Some websites spend pages on speculation about his hair, but there is no credible evidence behind those rumors, and it has nothing to do with his career or finances. A fair profile focuses on his work. He is known for clear explanations of complicated economic topics, and that skill has driven his public reputation far more than his looks ever could.

Peter Orszag Awards & Achievements

Orszag has no famous trophy shelf, but his résumé works like a list of honors. Being appointed to run the CBO at 38 and then the OMB shortly after is an unusual rise. Leading Lazard, a firm with a 175-plus-year history, is another milestone.

The table below separates documented achievements from claims that lack a clear source. It also leaves out vague items like unnamed fellowships that appear on some profile pages.

Milestone	Status
Director, Congressional Budget Office	Confirmed (2007 to 2008)
Director, Office of Management and Budget	Confirmed (Obama administration)
Vice Chairman, Citigroup	Confirmed (from 2011)
CEO and Chairman, Lazard, Inc.	Confirmed in company releases
Co-author, Saving Social Security	Confirmed

Peter Orszag Networth and Bio

Pulling the pieces together, peter orszag networth and bio comes down to a simple formula. An elite education led to policy influence, which led to a high-paying finance career, and now to the top job at a public company. The documented pay is substantial, and the equity stake adds more.

But the formula also shows why a precise number is impossible. Net worth depends on stock prices, taxes, spending, and private assets, none of which are public. A fair summary is that he is wealthy by any standard, likely in the tens of millions, and that any exact figure should be treated as an estimate. For anyone researching peter orszag networth and bio, the SEC filings are the best place to check updates.

Is Peter Orszag Still CEO of Lazard?

Yes. In an April 2025 earnings release, Lazard quoted Peter R. Orszag as CEO and Chairman. A later annual report also describes the firm’s growth plan, called Lazard 2030, under his leadership. That plan aims to double firmwide revenue by 2030 from its 2023 level.

Some older websites, including the competitor page, still describe him as “CEO of Financial Advisory.” That was his title earlier in his Lazard tenure, before he became CEO of the entire company. If you’re citing his role, use the current one: chief executive and chairman of Lazard, Inc. His public earnings calls continue through 2026, which also suggests he is firmly in place.

How Much Does Peter Orszag Make as Lazard CEO?

Based on filings, his annual compensation has been in the $11 million to $15 million range recently. His salary is $900,000, and the rest comes from bonuses and stock awards. For fiscal 2025, one data provider lists total pay of $13.7 million, with $3.9 million in bonus.

It’s important to read those numbers carefully. Stock awards are valued when granted, and they vest over time, so the amount he actually receives in cash in a given year can differ. Taxes also take a large share. So “makes $13.7 million” is a headline number, not a take-home figure. Still, it makes clear why his net worth estimates sit well above typical government-economist levels.

Who Is Peter Orszag’s Wife?

His wife is Bianna Golodryga, a journalist born in Moldova and raised in Houston, Texas. She built her career in financial and general news, working at Yahoo, CNBC-style business coverage, and ABC’s weekend programming before CNN. Her current CNN title has shifted over the years, so check CNN’s site for the latest.

They met in 2009 and married in September 2010 in New York. Since then they have kept their home life private, even though both work in the public eye. Her career is a big part of why the couple draws attention, but their finances are not disclosed. No reliable source gives a combined net worth, so figures for her wealth should be treated as guesses.

How Many Children Does Peter Orszag Have?

He is reported to have five children: two from his first marriage, one from a later relationship, and two with Bianna Golodryga. The numbers come from public profiles, not from interviews, so treat the exact structure as likely rather than officially confirmed.

This article does not list names or birth years for the younger children. Several are minors or recent adults, and the family has kept them out of the media. That choice is consistent with how Orszag and Golodryga handle their public lives. For readers, the useful takeaway is simple: he has a large, blended family, and its details belong to the people in it.

What Did Peter Orszag Do in the Obama Administration?

He served as Director of the Office of Management and Budget, a cabinet-level role that writes the president’s budget and oversees federal spending. He started in early 2009, during the worst of the financial crisis, and left in mid-2010.

Much of his focus was on health care costs and on building a fiscal framework for the Affordable Care Act. His earlier CBO work on rising medical spending had given him credibility on the issue. He later wrote and spoke about the lessons of that period. Critics and supporters still debate the policies of that era, but few dispute that he was one of the central figures in the administration’s budget decisions.

How Old Is Peter Orszag?

Peter Orszag is 57 years old as of October 15, 2026. He was born on December 16, 1968, and will turn 58 on December 16, 2026. That detail often matters to readers because many articles list his age incorrectly.

His age also helps explain the timing of his career. He ran the CBO at 38, the OMB at 40, and became Lazard’s CEO at around 54. That is a long, steady climb, with the biggest compensation coming in his fifties. If the pattern continues, his earning years at Lazard could extend well into the next decade, though no retirement plans have been announced.

Peter Orszag Hobbies & Interests

Orszag’s public interests are mostly intellectual. He writes regularly for Bloomberg Opinion, where he covers health care, fiscal policy, and the economy, and he takes part in policy forums. His social media presence is focused on economics rather than lifestyle.

Beyond that, he rarely discusses hobbies, and no verified interview lists specific pastimes. Some profile sites claim he enjoys certain sports or travel, but they don’t cite a source. Here is what the public record supports.

• He writes regularly on economic policy for Bloomberg Opinion.
• He takes part in academic and policy conferences.
• He co-authored a book on Social Security reform.
• He keeps family life private despite a high public profile.
• Claims about sports or travel hobbies are unverified.

Peter Orszag Known Facts

A few facts help correct common mistakes online. He is not just a former budget official, but also the current head of a public company. His pay is disclosed in federal filings, and his titles have changed over time.

• His full name is Peter Richard Orszag.
• He was born in Boston and raised in Lexington, Massachusetts.
• He led the CBO before the OMB, not the other way around.
• He became Lazard’s CEO in late 2023, not in 2019.
• His reported 2025 compensation is about $13.7 million per SEC-based data.

One more note on accuracy: the competitor article says he “directly holds approximately 210,942 shares.” I couldn’t verify that figure from a filing, so I left it out. Share counts change every year as awards vest.

Peter Orszag Future Plans & Goals

His stated focus at Lazard is the Lazard 2030 plan, which aims to double firmwide revenue by 2030 from its 2023 level and deliver steady shareholder returns. Lazard’s annual report says the firm remains on track toward those long-term growth goals. That suggests he intends to stay and see the plan through.

Beyond Lazard, he may continue writing and advising on public policy, and some observers speculate he could return to government under a future administration. That is speculation, not an announcement. The practical expectation is that he stays in his current role, keeps his Bloomberg column, and continues to appear on earnings calls and policy panels.

FAQs

What is Peter Orszag’s net worth?

Estimates range from about $20 million to $36.7 million, but none are verified. The peter orszag net worth and bio question depends on stock values that change daily.

How much does Peter Orszag make a year?

Filings show total compensation around $11 million to $15 million recently, with a $900,000 salary. That pay is central to any peter orszag net worth and bio estimate.

How old is Peter Orszag?

Peter Orszag is 57 as of October 2026, born December 16, 1968. Accurate age matters when comparing peter orszag net worth and bio claims across websites.

Is Peter Orszag still Lazard’s CEO?

Yes, he serves as CEO and Chairman of Lazard, Inc., according to company releases. His current title is a key part of any peter orszag net worth and bio overview.

Who is Peter Orszag’s wife?

He is married to journalist Bianna Golodryga, whom he wed in September 2010. Family details are limited, so peter orszag net worth and bio pages should rely on confirmed facts.

What did Peter Orszag do before Lazard?

He directed the Congressional Budget Office, then the Office of Management and Budget, and later worked at Citigroup. That path is the core of his peter orszag net worth and bio story.

Did Peter Orszag attend Princeton?

Yes, he graduated summa cum laude in economics from Princeton, then earned a master’s and Ph.D. at the London School of Economics. Education is a major theme in the peter orszag net worth and bio record.

Conclusion

The full picture of peter orszag net worth and bio is that of a highly credentialed economist who turned policy influence into a top finance job. His age is 57, his role is CEO and Chairman of Lazard, and his reported pay is in the eight figures, but his total wealth is not officially published.

The most useful rule is to trust filings over rumors. If you want to track his earnings, check Lazard’s proxy statements each spring. For anyone researching peter orszag net worth and bio, the best takeaway is simple: he is clearly wealthy, likely worth tens of millions, and any exact figure is an estimate. Keep that in mind when you compare peter orszag networth and bio pages