Andrew Fastow is a famous American businessman, public speaker, and investor who was convicted of a felony. Fastow was the Chief Finance Officer of Enron Corporation, a Texas-based energy company. Fastow played a vital role in Enron as one of the key figures in charge of the complex web of off-balance sheets that concealed Enron’s massive losses.
Andrew and his counterparts milked the company dry, but he was fired before the company filed for bankruptcy. An investigation conducted by the U.S. Securities and Exchange Commission later revealed Andrews Fastow, and he was sentenced to six years in prison. Journey with us as we uncover Andrew Fastow’s biography, wiki, career, age, net worth, social media, wife, social media presence, and more
Quick Facts about Andrew Fastow
- Andrew is 63 years old as of 2024
- He was the CFO of Enron Energy.
- Andrew was arguably the brains behind the Enron scandals
- Fastow has a net worth of $500k as of 2024
- He later became a public speaker.
- He is Jewish and taught in the conservative synagogue in Houston, Texas.
Andrew Fastow’s biography (early life and education)
Andrew Stuart Fastow, best known as Andrew Fastow, was born in Washington, D.C., United States, on December 22, 1961. Fastow was born into a middle-class Jewish family and grew up in New Providence, New Jersey. His parents, Carl and Joan Fastow, worked in retail and merchandising.
Andrew Fastow is 63 years old as of 2024. He was born on Friday under the Capricorn star sign. Fastow is an American citizen and of Jewish descent. He attended Congregation Or Ami, a conservative synagogue in Texas, with his wife.
Growing up in New Providence, Andrew received his basic education in his neighborhood, after which he attended New Providence High School. Andrew participated in many sporting activities during high school, including tennis, and played the school band. Fastow was also a student leader and the sole student leader on the New Jersey State Board of Education. After high school, Andrew attended Tufts University, where he graduated with a B.A. in Economics and Chinese in 1983. He also holds an MBA from Northwestern University.
Wikipedia Overview
| Andrew Fastow Quick Biography | Answers |
| Birthday | December 22, 1961 |
| Full Name | Andrew Stuart Fastow |
| Hometown | Washington DC |
| Lives In | Houston, Texas |
| Net Worth (2024) | $500 Thousand |
| Horoscope/Birth Sign | Capricorn |
| Age (2024) | 63 years old |
| Stage Name | Andrew Fastow |
| Profession | Public speaker and investor |
| Father’s Name | Carl Fastow |
| Mother’s Name | Joan Fastow |
| Number of Children | 2 |
| Children’s Name | Unknown |
| Husband/Boyfriend | Unknown |
| Wife/Girlfriend | Lea Fastow |
| Birth Year | 1961 |
| Trivia | Andrew Fastow is a famous public speaker and investor. He was the CFO of Enron and arguably the brains behind the Enron scandals. |
| Facebook Handle | N/A |
| YouTube Handle | Unavailable |
| Twitter/X Handle | @AndrewFastow |
| Instagram Handle | Unavaible |
| Snapchat Handle | N/A |
| Height | Unknown |
| Body Measurements | Unavailable |
| Feet/Shoe Size | Unknown |
| Color of Eye | Black |
| Movies Starred | N/A |
| References | Wikipedia.com and Celebrity Net Worth |
Career
Andrew Fastow began his career at Continental Illinois National Bank and Trust Company, working at the newly emerging “asset-backed securities.” Due to his impressive work at Continental, Fastow landed a job at Enron Finance Corporation. He was hired by Jeffrey Skilling, who saw his talent, and he was named the corporation’s chief financial officer in 1982.
Fastow played a vital role with Enron with knowledge and expertise in market settings regarding deregulation in the U.S. energy sector. His contribution to the company quickly drew the attention of the then CEO, Jeffrey Skilling, and Enron’s founder, Kenneth Lay. Andrew later developed a complex web of companies that only traded to Enron to raise money for the company and hide its losses. With his complex system, the company’s audited balance sheet appears debt-free while it owes billions in reality.
While Enron was accumulating debts, Andrew was also busy diverting company resources to himself and through third parties. His actions led to the collapse of Enron, and he was eventually fired based on a board decision to remove him.
Andrew Fastow’s sentence and incarceration.
His actions led to legal consequences, and he was indicted by the federal grand jury in Houston, Texas, on 78 counts, including conspiracy, fraud, and money laundering. Andrew pleaded guilty to two counts of wire and securities fraud. He was sentenced to 10 years in prison and was also to be an informant and cooperate with authorities to prosecute his partners in crime for a reduced sentence. Andrew was incarcerated in the Federal Prison Camp near Pollock, Louisiana, and he was later released to the Houston halfway house for the rest of his sentence.
Fastow’s life after his incarceration
In December 2011, he began working as a document review clerk for Smyser Kaplan Veselka LLP, a law firm in Houston. He also became a public speaker and worked the public speaking circuit, giving presentations on ethics and business.
Andrews spoke to University of Colorado Boulder Leeds School of Business students on ethics and accounting practices. He also addressed many university students on ethics, including Miami University in Oxford, Ohio, the University of Southern California’s Leventhal School of Accounting, the University of Missouri School of Accounting, and The University of Tampa’s Center for Ethics. Fastow also addressed about 2000 anti-fraud professionals at the Association of Certified Fraud Examiners at a Global Fraud Conference.
He also invested in KeenCorp, a Netherlands-based company that offers analytics and intelligent products that monitor the workflow of digital tools such as emails, Google Suite, Microsoft Teams chats, and Slack.
Andrew was also featured in several books and reports. He was also featured in movies such as Enron: The Smartest Guy in Room, based on a book with the same title written by Bethany McLean and Peter Elkind. Fastow was also featured as the antagonist in Conspiracy of Fools, a book by Kurt Eichenwald.
Andrew Fastow’s net worth
Andrew Fastow gained a lot of money through his career and fraudulent acts before being indicted and incarcerated. After his incarceration, he also embarked on many career paths, including his job as a clerk, a public speaker, and an investor. Many netizens are interested in Andrew Fastow’s net worth. You might also be interested. In this section, you will discover Andrew Fastow’s net worth and source of income.
According to reliable sources, Andrew Fastow’s net worth was $500 thousand as of 2024. Surprised? His legal issues negatively impacted his net worth. He was the CFO of Enron before his incarceration and is currently an investor and a public speaker. We are positive that Andrew Fastow’s net worth will grow significantly in the near future.
Personal life
Andrew Fastow is married to Lea Weingarten, whom he met at Tufts University. They got married in 2012 and have two children. Andrew and his family reside in Houston, Texas.
Andrew Fastow wife
Fastow’s wife was Lea Weingarten, the daughter of Miss Israel (1958) Miriam Weingarten. Lea worked as an assistant treasurer at Enron and pleaded guilty to tax charges. She was sentenced to one year in prison and an additional year of supervised release and released to a halfway house in July 2005.
Body measurements
Andrew Fastow’s height, weight, and body measurements are not publicly known.
Social media presence
Andrew Fastow is not active on social media. He has maintained a low profile since his release from prison.
Frequently Asked Questions
How old is Andrew Fastow?
Andrew Fastow is 63 years old as of 2024
What is Andrew Fastow’s net worth?
Fastow has a net worth of $500K as of 2024.
Who is Andrew Fastow’s wife?
He is married to Lea Weingarten.
What is Andrew Fastow known for?
He is known as Enron’s former chief finance officer (CFO).
