Raymond J. McGuire: Lazard, Bio, Education, Wife, Children and Net Worth
Raymond J. McGuire – Biography and Wiki
Raymond J. McGuire is a distinguished American businessman and veteran of Wall Street. As of 2025, he serves as the President of Lazard, a globally renowned financial advisory and asset management firm headquartered in New York City. With a career spanning decades, McGuire previously held senior executive roles at Citigroup, Merrill Lynch, and Morgan Stanley. In 2021, he made headlines by running in the Democratic primary for mayor of New York City, bringing his financial acumen and civic vision to the political arena.
Education
A product of rigorous academic training, McGuire is a triple graduate of Harvard University:
Harvard College, cum laude (1979)
Harvard Business School, M.B.A. (1984)
Harvard Law School, J.D. (1984)
In 1980, he studied abroad at the University of Nice in France as a Rotary Fellow. He later received honorary doctorates, including an L.H.D. from Pratt Institute (2011) and Dominican College (2017).
Raymond J. McGuire Age
Born in January 23, 1957, Dayton, Ohio, United States, Raymond McGuire is 68 years old as of 2025.
Height
Raymond J. McGuire stands at a commanding 6 feet 4 inches (1.89 meters) tall.
Family Background
Details about McGuire’s parents, siblings, and extended family remain private. He has often spoken about the values instilled in him growing up in Ohio, which helped shape his trajectory from modest beginnings to Wall Street prominence.
Raymond J. McGuire Wife
Raymond J. McGuire is married to Crystal McCrary McGuire, an accomplished author, filmmaker, and the co-creator of BET’s Leading Women. She is also known for her bestselling novels Gotham Diaries and Homecourt Advantage. The couple is blessed with three children—one daughter and two sons.
Raymond McGuire Children
Raymond J. McGuire and his wife, Crystal McCrary McGuire—a television producer and accomplished novelist—share one child together. In addition, McGuire is a proud stepfather to two children from Crystal’s previous marriage to former NBA player Greg Anthony. Among them is Cole Anthony, who currently plays professional basketball for the Orlando Magic in the NBA.
Raymond J. McGuire Citigroup
Before joining Lazard, Raymond McGuire spent 15 highly influential years at Citigroup, where he served as the Global Head of Corporate and Investment Banking (CIB). Joining the firm in 2005, McGuire quickly became one of the most prominent Black executives on Wall Street and a respected leader in investment banking.
During his tenure at Citigroup, McGuire advised on some of the most significant mergers and acquisitions in corporate America, helping to shape the financial landscape. Under his leadership, Citigroup deepened relationships with major clients and solidified its role as a global powerhouse in the investment banking space. His ability to bridge the worlds of finance, business, and public service earned him recognition beyond the boardroom.
McGuire stepped down from his role at Citi in 2020 to pursue public office, running for mayor of New York City in the 2021 Democratic primary. His departure marked the end of a transformative chapter at Citi, where he left a lasting legacy of excellence, diversity advocacy, and strategic innovation.
Raymond J. McGuire Lazard
As of 2025, Raymond McGuire serves as the President of Lazard, a prestigious global financial advisory and asset management firm headquartered in New York City. McGuire assumed this leadership role in 2023, bringing with him decades of high-level experience in investment banking and corporate finance. At Lazard, he is tasked with overseeing strategic initiatives, strengthening client relationships, and expanding the firm’s global advisory services.
His appointment was seen as a strategic move to enhance Lazard’s competitive edge in advising corporations, governments, and institutions on complex financial matters including mergers, acquisitions, and restructurings. McGuire’s reputation for thoughtful leadership, deep industry knowledge, and commitment to mentorship has further elevated Lazard’s position on Wall Street. His presence signals Lazard’s commitment to combining global financial expertise with inclusive leadership.
Public Service and Philanthropy
McGuire’s influence extends beyond finance. He has served on the boards of major cultural and civic institutions, including:
NewYork–Presbyterian Hospital
The Whitney Museum of American Art
The Studio Museum in Harlem
His philanthropic focus includes education, youth empowerment, and economic equity, reflecting his commitment to uplifting underserved communities.
2021 NYC Mayoral Campaign
In October 2020, Raymond stepped down from Citigroup to pursue the Democratic nomination for Mayor of New York City. Encouraged by business leaders who saw him as a stabilizing force post-pandemic, McGuire ran on a platform centered around economic recovery, public safety, and educational reform.
Though he did not win the nomination, his campaign stood out for its policy depth and emphasis on inclusive growth. He also became one of the most prominent Black executives to seek elected office in NYC, elevating discussions about leadership diversity and fiscal accountability.
Raymond J. McGuire Salary and Net Worth
Estimated Salary at Citigroup (prior to 2018): ~$400,000 annually
Estimated Net Worth (2025): $20 million
