Ben Bernanke Net Worth

Net Worth: $2 Million

  • Full Name: Ben Shalom Bernanke
  • Born: 12/13/1953
  • Place of Birth: Augusta, Georgia
  • Occupation: Economist
  • Marital Status: Married

Ben Bernanke Net Worth History

Ben Bernanke net worth stands at $2 million. This is a valuation of his assets and that of his family. He has obtained this wealth from his position at the Federal Reserve. He chairs the Federal Reserve of the central bank of the United States. His yearly salary stands at $180,000 and his assets grew by 31 percent when the U.S. stocks recoiled in 2009. The significant contributors to Ben Bernanke net worth are his two retirement accounts worth $852,000 and $1.9 million.

About Ben Bernanke

Ben Bernanke was born in 1953 in Georgia and was brought-up in Dillion, South Carolina. His parents were working as a teacher and a pharmacist. The father was the pharmacist and theatre manager. He has two younger siblings: a brother who is a lawyer in North Carolina and a sister who is an administrator at Berklee College of Music, Boston.

Ben Bernanke is an American national, married to Anna Friedmann. He has two children and studied at the Harvard University, Massachusetts Institute of Technology, Harvard College and Dillon High School. He obtained a Bachelor’s of Art degree on economics from Harvard in 1975. He thereafter got a Doctorate in economics from MIT in 1979.

In his life, he has held the position of banker, businessman, economist and professor. He held the professor title at Princeton University where he was also the chair of the Department of Economics. This is a position he held for seven years until 2002. He subsequently joined the board of Governors in the Federal Reserve until 2005.

He is the founder of the Bernanke Doctrine and was an orator of the Great Moderation. He has helped advance the belief that contemporary macroeconomic policies lessen the fluctuations in the business cycle. He also appeared the 2011 and 2012 list of the Most Powerful People worldwide where he was position eight and six correspondingly.

Despite being a chair and a board member, Ben Bernanke has had several positions at the Federal Reserve and in other institutions. The following are some of his roles:

  • Chairman of the President’s Council of Economic Advisers: June 2005 to January 2006
  • He was a Federal Reserve’s visiting scholar for: the Banks of Philadelphia from 1987 to 1989, Boston from 1989 to 1990 and New York from 1990 to 1991
  • Federal Reserve Bank of New York’s member of the Academic Advisory Panel: 1990 to 2002
  • Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs
  • Professor of Economics and Public Affairs at Princeton since 1985
  • Associate Professor of Economics at Graduate School of Business at Stanford University: 1983 to 1985 Assistant Professor of Economics at the Graduate School of Business at Stanford University: 1979 to 1983
  • Visiting Professor of Economics at New York University: 1993
  • Visiting Professor of Economics at the Massachusetts Institute of Technology: 1989 to 1990

He has written a number of articles on economics and monetary policies. He is also the author of two textbooks and other academic books. He was an editor of the American Economic Review in 2001. He further works with civic groups and professional associations.