Angelo Mozilo Net Worth $600 Million

Angelo Attended Fordham University and Would Graduate in 1960. Nine Year's Later He Would Form the Mortgage Lending Company Countrywide Credit Industries Alongside Former Mentor David S. Loeb. the Company Started in New York and Would Later Move to Pasadena, California, and Then to Calabasas, California. the Duo Would Then Found Countrywide Mortgage Investment, Which Would Later Become Indymac Bank, Which Became One of the Pioneers of the Non-Bank Mortgage Industry. in 1984, When Countrywide Became Part of the New York Stock Exchange, Mozilo Would Sell $406 Million Worth of Its Stock Which Would Help Increase His Net Worth Significantly. in the Late 1980S, the Popularity of Subprime Loans Started to Rise, Though He Didn’t Want Any Part of It. However, Eventually They Would Begin to Lose out to Their Newer Competitors, Leading Them to Go Ahead and Do Subprime Loans as Well. the Industry Would Then Undergo the Subprime Mortgage Crisis Who Many Believe Led to the Financial Downfall of the United States in 2008. Angelo Would Become the Forefront of That Crisis, and Became a Symbol for It.

Angelo Mozilo Net Worth

By Sarah Jenkins

• Oct 13, 2026 • 3 min read

Explore the complete story surrounding Angelo Mozilo Net Worth.

Direct Answer • Key Takeaway

Angelo R. Mozilo Was Born on 1938, in the Bronx, New York City Usa, and Is a Businessman, Best Known to Be the Former Chief Executive Officer and Chairman of the Board of Countrywide Financial, a Position He Held Until 2008, but All of His Endeavors Have Helped Put His Net Worth to Where It Is Today.

Sarah Jenkins

Senior Technology Editor & AI Specialist

Sarah Jenkins is a veteran tech journalist with over 12 years of experience covering artificial intelligence, mobile innovations, and digital ethics. Her insights have appeared in leading technology publications worldwide.