Angelo Mozilo’s biography, fact, career, awards, net worth & life story

  • Source of Wealth: Business (Countrywide Financial)
  • Birth Place: The Bronx, New York, United States
  • Marital Status: Married (Phyllis Mozilo)
  • Full Name: Angelo R. Mozilo
  • Nationality: American and Italian
  • Date of Birth: 1938
  • Ethnicity: Italian
  • Occupation: Former Chairman of the Board and Chief Executive Officer of Countrywide Financial
  • Education: Gabelli School of Business and Fordham University
  • Children: 5

Condé Nast Portfolio ranked Mozilo second on their list of “Worst American CEOs of All Time.”

Mozilo is the son of a butcher from the Bronx and he was born in New York City. He was able to graduate from Fordham University with a Bachelor of Science degree in the year 1960. In 1969, he was able to set up a mortgage lender company called Countrywide Credit Industries with his past mentor David S. Loeb. They eventually moved their headquarters to Los Angeles County in Calabasas, California. Loeb and Mozilo eventually co-founded the IndyMac Bank as an investment of Countrywide Mortgage before it got spun-off as an independent bank in the year 1997. However, on July 11, 2008, IndyMac collapsed and got seized by the federal regulators.

You May Also Like