Richard Jenrette
American businessman (1929–2018)
Richard Hampton Jenrette (April 5, 1929 – April 22, 2018) was an American businessman who co-founded the investment bank Donaldson, Lufkin & Jenrette (DLJ).
Early life
Jenrette was born on April 5, 1929, in Raleigh, North Carolina, the son of Joseph M. Jenrette, an insurance agent, and his wife, Emma Love Jenrette, a homemaker and an avid gardener. They lived in the Raleigh suburbs, according to Jenrette, in "a comfortable Tudor home." He graduated from Needham B. Broughton High School in 1947, and from the University of North Carolina at Chapel Hill in 1951. Jenrette worked for the New England Life Insurance Co. from 1951 to 1953, and served in the North Carolina National Guard from 1953 to 1955, after which he enrolled in the Harvard Business School where he earned an MBA in 1957.
Business career
After graduating from Harvard, Jenrette worked at Brown Brothers Harriman & Co. from 1957 until 1959, when he co-founded Donaldson Lufkin Jenrette ("DLJ") with William H. Donaldson and Dan Lufkin. The firm concentrated on in-depth analysis, setting a new industry standard for institutional investing. Jenrette was instrumental in taking DLJ public in 1970, making it the first publicly traded investment firm in the United States.
Taking the helm of DLJ in 1973, he shepherded the firm through the recession of 1980–1983, and managed the firm’s sale in 1985 to the insurance firm The Equitable Companies Inc., where he became the chief investment officer.
The public source identifies “Richard Jenrette” as american businessman (1929–2018). This brief keeps that definition visible, then builds a research path around Richard, Jenrette and American.
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Vocabulary and entity names are the principal evidence signals here, because they determine the precision of every later search. The source revision retrieved here is dated Aug 31, 2026. The linked authority identifier is Q7326857. VIAF identifies the subject as 11588163. The Library of Congress control number is n97034695. 3 of 3 selected statements include explicit references; 0 carry qualifiers and 0 use preferred rank. The first chronological checks are 1929, 2018, 1947 and 1951.
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This entry incorporates text from “Richard Jenrette” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.