Janet Yellen is an American based economist, who is best known for staying as the Chair of the Board of Governors of the Federal Reserve System, formerly working as Vice Chairwoman right from 2010 till 2014. Let’s find out more about how much is Janet Yellen’s net worth in 2018.
Janet Yellen was born in the year 1946 to Anna and Julius Yellen. She belonged to Jewish based family living in Brooklyn, situated in New York.
Discussing her education, she did graduate from high school, i.e., Fort Hamilton High School in Brooklyn. She too graduated from Pembroke College in Brown University by a degree attained in economics during the year 1967. She has attained her Ph.D. degree in economics at Yale University during the year 1971.
She got married to George Akerlof, known as an economist, lecturer at Georgetown University, Nobel Memorial Prize in Economic Sciences laureate, and lecturer emeritus at the University of California, Berkeley.
Janet Yellen started off her career by working as an assistant professor in Harvard from the period of 1971 till 1976. She served as an economist through the Federal Reserve Board of Governors from the period of 1977 till 1978.
She also served as a lecturer in The London School of Economics and Political Science from the period of 1978 till 1980. Starting from the year 1980, she has carried out research in the Haas School, and she has taught subject macroeconomics to part-time and full-time MBA as well as undergraduate scholars.
Apart from that, she has functioned as Chair of President Bill Clinton’s Council of Economic Advisers right from 1997 till 1999. Moreover, she got employed as an associate of the Federal Reserve Board of Governors from 1994 till 1997.
In the year 2010, President Obama has chosen Yellen to succeed Donald Kohn being a vice-chair of the Federal Reserve System. She was formally nominated to substitute Bernanke as Chair of the Federal Reserve in the year 2013.
Awards & Achievements
Janet Yellen got nominated by Barack Obama for becoming Head of the Federal Reserve in the year 2013. This economist got designated by President Obama for working as Chairwoman of the United States Federal Reserve. In next year, U.S. Senate approved her nomination.
This economist was sworn in the year 2014, positioning her as the first woman to maintain the position. In the year 2014, this economist was entitled as the second most powerful woman in the world by Forbes. Also, she is the highest-ranking American from the list.
Net Worth of Janet Yellen
Janet Yellen has an estimated net worth of $13 million. She makes most of her income with her career as an economist, and she also served as a professor in some top universities.
Her earnings are high as she served as a Vice Chair of the Board of Governors of the Federal Reserve System. She has associated with Federal Reserve Board of Governors during the year 1977 and worked there for a year.
She earned notably by being a professor of Economics at Harvard University as well as in the London School of Economics. Presently, she earns well by working as a Professor Emeritus at the University of California – Berkeley’s Haas School of Business.
Moreover, she was the Chair of the Council of Economic Advisors below leadership of Bill Clinton (1997 till 1999) and appeared on the Federal Reserve Board of Governors one more time (1994 till 1997).
This economist too worked as President and CEO of the Federal Reserve Bank of San Francisco (2004 till 2010). The lady also turned as Vice Chair of the Federal Reserve System in the year 2010.
Janet Yellen is one of the influential ladies of America who earned supreme fame being an economist and as a professor. It is her academic talents and qualifications which led her to become a professor in top universities. On the other hand, she holds top position being an economist.