Ben Bernanke is an economist working at the Brookings Institution, who is best recognized for serving two terms being a Chairman of the Federal Reserve, known as the central bank of the United States, from the period of 2006 till 2014. Throughout his contract as chairman, he has supervised the Federal Reserve’s response to the late-2000’s based financial catastrophe. Let’s find out more about how much is Ben Bernanke’s net worth in 2018.
Ben Bernanke was born in the year 1953 to Philip and Edna. His birthplace is Augusta, situated in Georgia. He was brought up in Dillon, located in South Carolina. His father has worked as pharmacist as well as theatre manager part-time. On the other hand, his mother worked as an elementary school tutor.
He has two siblings who are younger to him. His brother named Seth works as a lawyer in Charlotte, situated in North Carolina. Moreover, his sister named Sharon is identified as a long-time manager at Berklee College of Music inside Boston.
Ben Bernanke started off his career when he was a teenager, working on the construction of a hospital and he too waited tables in some restaurant running at neighboring South of the Border, known as a wayside attraction inside his birthplace of Dillon, prior heading for college.
In order to support himself during college, this economist has served during summers at South of the Border. Being a teenager during 1960s in Dillon, he used to assist roll the Torah documents in his local synagogue.
Though he maintains his beliefs secluded, his friend, i.e., Mark Gertler, known as chairman of the economics department of New York University states they are surrounded in who he (Bernanke) is”. Whereas, the Bernanke family was worried that Ben would actually lose his Jewish identity provided he has gone to Harvard.
He has taught at the Stanford Graduate School of Business from the period of 1979 till 1985, worked as a visiting professor in New York University as well as worked to be a tenured lecturer in Princeton University within the Department of Economics.
This economist has chaired the corresponding department from the period of 1996 till 2002, while he appeared on public service leave. Moreover, he took resignation from his position at Princeton during the year 2005.
Apart from that, he too worked as a subordinate of the Board of Governors of the Federal Reserve System from the period of 2002 till 2005. In the year 2005, he was entitled chairperson of President named George W. Bush’s Council of Economic Advisers, as well as he was actually submissive as Fed Governor.
Awards & Achievements
Ben Bernanke has won Distinguished Leadership in Government Award, Columbia Business School (2008). Moreover, he has worked for two terms as Chairman of the Federal Reserve, the central bank of the United States, from the period of 2006 till 2014
Net Worth of Ben Bernanke
Ben Bernanke has an estimated net worth of $3 Million. If you are wondering what is his salary as Chairman of the Federal Reserve than it is $180 Thousand. He has made most of his fortune with his career as an economist, businessman, and an author.
He is renowned for becoming the Chairman of the Federal Reserve, known as the central bank of the United States. He stayed as a chairman of the Department of Economics in Princeton from the period of 1996 till 2002.
This celebrity initially worked as Chairman of the Council of Economic Advisers intended for President named George W. Bush.
Later, he got employed by President Bush being Chairman of the United States Federal Reserve. Also, he got confirmed to next term as Chairman in the year 2010, after getting selected by President Barack Obama.
Ben Bernanke is one of those economists who own capability to the held position of Chairman of Federal Reserve. He is as talented as an economist that he got instantly nominated by the huge number of votes to serve on the position of Chairman by President of the United States.