About Ben Bernanke
One of the most famous economists in the world is considered to be Ben Bernanke. It has been estimated that Ben Bernanke net worth reaches 2 million dollars. In addition, it has been stated that his yearly salary reaches 180 thousand dollars. A huge part of his net worth has been accumulated through his being a chairman of the Federal Reserve, the position which he still holds today. He is known to be one of the richest people in the central bank of the United States. Moreover, Ben Bernanke is credited with overseeing the response of the Federal Reserve to the economic and financial crisis of 2000.
Ben Bernanke was born in 1953 in South Carolina. He was born to his mother who worked as a teacher at elementary school and his father who was a theater manager as well as a pharmacist. Ben Bernanke grew up in a ranch house in a Jewish household which was one of not so many Jewish families in the area where they lived.
Before he got a position as a Chairman of the Federal Reserve which he has today and which brings a lot of financial success to Ben Bernanke net worth, he worked as a professor at Princeton University and also worked as a chairman of the Department of Economics in the same university. He held that position for 6 years, from 1996 till 2002. Between the years 2002 – 2005, Ben Bernanke was also known as a member of the board of the Governors of the Federal Reserve. During his time there, Ben Bernanke introduced Bernanke doctrine. In addition, Ben Bernanke once held the position of the spokesman of the Great Moderation. Therefore, all these involvements added a lot of revenues to the overall amount of Ben Bernanke net worth.
In addition, he has collaborated with some politicians, as well. Ben Bernanke worked as a Chairman of the Council of Economic Advisers for the former president of the United States, George W. Bush. He was so good at it that he was chosen to be the Chairman of the United States Federal Reserve by the president himself. In 2010, he was nominated to take this position again and this time the nomination was initiated by another president of the United States, Barack Obama. Thus, his involvement with political persons also added to the overall amount of Ben Bernanke net worth.