Peter Orszag, the whip-smart economist turned Wall Street CEO, isn’t just known for his sharp policy chops or his rise through the ranks of Obama’s White House. His personal life, especially his sprawling, blended family, has sparked headlines, court battles, and even a bit of Beltway gossip. With five children by three women, Orszag’s family tree is as complex as a federal budget spreadsheet. Let’s break it down, from the early divorces to the latest custody updates (because yes, this story’s still unfolding).
The Kids: Five Lives, Three Mothers, and a Whole Lot of Drama
Orszag’s oldest children, Leila and Joshua, come from his first marriage to Cameron Kennedy (née Hamill), a McKinsey consultant he wed in 1997 and divorced in 2006. Their two kids grew up shuttling between D.C. and New York, with their education funded by a $400,000 trust, until it ran dry. That’s when things got messy.
By 2014, Kennedy was in court demanding $22,000 a month in child support, arguing that Orszag’s Citigroup salary (which ballooned to nearly $4 million) could cover Georgetown Day School tuition and then some. Orszag’s team fired back, calling it “backdoor alimony.” The judge ultimately ruled against sealing the case, airing the family’s financial laundry in public.
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Then there’s the middle child, daughter named Tatiana Zoe Milonas, 15, born on November 17, 2009, to Claire Milonas, a venture capitalist and shipping heiress. Their relationship ended months before the birth, but timing became a tabloid obsession when Orszag got engaged to CNN journalist Bianna Golodryga just six weeks after the baby arrived. Cue the drama: Milonas’s friends whispered about broken promises, while Orszag insisted there was no overlap. The couple’s joint statement, “We were in a committed relationship until spring 2009,” did little to quiet the chatter.
With Golodryga, Orszag added two more children to the mix: a son named Jake Spencer Orszag, 13, born in April 2012, and a daughter named Maia Isabel Orszag, 9, born in 2016. Their high-profile marriage (she’s a TV anchor; he’s a finance bigwig) has been relatively low-drama compared to the earlier sagas, though it’s hard to top the irony of Obama joking about a reality show called Jon & Kate Plus Peter Orszag at the 2010 White House Correspondents’ Dinner.
The Balancing Act: Parenting Across Zip Codes and Paychecks
Fast-forward to 2025, and Peter Orszag’s family logistics are still a feat of elite scheduling. As CEO of Lazard (a role he stepped into in October 2023), he’s juggling Wall Street’s brutal hours with a clan spread across multiple households. The older kids are likely teens or young adults by now, but the younger ones are still in the thick of parenting — think soccer games, science fairs, and the eternal struggle to sync up custody calendars.
Money’s less of a public battleground these days, but the legacy of those court fights lingers. Orszag’s career trajectory, from government servant to banking heavyweight, mirrors the tension between his fiscal hawkishness and his own high-earning lifestyle. These days, the spotlight’s more on his LinkedIn posts cheering on his brother’s new firm than on child-support spreadsheets.
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Still, the family’s story is a snapshot of modern parenthood, where co-parenting spans exes, cities, and tax brackets. And if history’s any guide, don’t bet against another twist: maybe a college graduation speech, a tell-all memoir, or a surprise sixth kid. With Orszag, the spreadsheet never closes.
