Net Worth:
$2 million
About Ben Bernanke
It has been estimated that the overall amount of Ben Bernanke net worth reaches an estimate of 2 million dollars. In addition, he has been stated to get 180 thousand dollars as his annual salary. Ben Bernanke is known to the public as a banker, economist, businessman and a professor which all add a lot of revenues to the total amount of Ben Bernanke net worth.
Currently, he holds the position of the chairman of the Federal Reserve which brings main incomes to the businessman. Federal Reserve is the Central Bank of the United States which is known all around the world. During the time of his position as a chairman, Ben Bernanke had a chance to witness the financial crisis which happened in late 2000s.
Before he got a position at the Central Bank of the United States, Ben Bernanke worked at the University of Princeton where his position was a professor at the department of economics. He held the position from 1996 till 2002. In 2002, he started to get involved with the Federal Reserve.
In the same year he was appointed as one of the members of the Board of Governors of the Federal Reserve. During his time there, he made some important changes. Firstly, Ben Bernanke introduced the Bernanke Doctrine. Next, he analyzed the theory of the Great Moderation. Thus, because of his contribution to it, Federal Reserve brought huge sums of money to the overall amount of Ben Bernanke net worth.
Before the ex-president of the United States George W. Bush appointed Ben Bernanke as a chairman of the Federal Reserve, he also served as a chairman of the president’s Council of Economic Advisors. After his successful year, he was elected once again to be a chairman of the Federal Reserve and this time he was appointed by the president of the United States, Barack Obama, in 2010.
Although Ben Bernanke was born in Georgia, he grew up in North Carolina. One of the most important factors about his family was that they were one of not so many families of Jewish morals who were living in Dillon, North Carolina. Ben Bernanke learnt the Hebrew language from his grandfather at an early age. Before he got involved into finances business which increases Ben Bernanke net worth a lot today, he worked in a construction business and in cafes as a waiter. When he attended college, Ben Bernanke also tried to support himself financially by working at South of the Border.