Husband of Good Morning America's co-anchor Lara Spencer, Richard has led MarketAxess for almost 19 years.
The American businessman has an estimated net worth of $20 million, a fortune which he collected from his company and from the salary he received as a Managing Director in J.P. Morgan's Company.
He founded MarketAxess in 2000 after raising an initial founding round which helped raise $24 million from company members like J.P. Morgan and others.
Further his wife Lara Spencer has a net worth of $9 million as of 2020. She is the anchor of Good Morning America and ABC News and her annual salary is estimated to be $3 million.
McVey and his family of six live in Edwards, Colorado bu the price of the house is currently unknown.
Richard initially started as a worker at the Cleveland Bank after which he joined Chicago Mercantile Exchange.
He was then hired by J. P. Morgan in 1983 to run North America Futures and Options Business. His position required him to review institutional brokerage, research, finance, operations, and compliance.
McVey founded MarketAxess in April 2000 and has since served as the company's Chairman and CEO.
The business model for MarketAxess was proposed by Richard in 1999 to be a part of J.P. Morgan's Lab Morgan program. The model was designed to back executive ideas to run web-based technology.
He was born as Richard Mitchell McVey on 2nd July 1960 in Painesville, Ohio. He is of American nationality and his ethnicity is white.
He graduated in 1981 from the Miami (Ohio) University. He got his MBA degree in 1983 from Kelley School of Business affiliated to Indiana University.
59-years-old Richard is married to American TV presenter, journalist, and producer Lara Spencer.
The couple met in 2016 and engaged in January 2018. The marriage was held in Vail, Colorado on 1st September 2018. Richard has three children from his previous relationship and two more from Lara's first marriage.