The Brookings Institution economist Ben Bernanke is most known for his two terms as the Federal Reserve’s chairman, popularly known as the US central bank, from 2006 to 2014. He led the Federal Reserve’s reaction to the financial crisis that began in the late 2000s during his time as chairman.
Ben Bernanke: Early Life, Age, Wiki, Parents, Ethnicity
Philip and Edna Bernanke gave birth to Ben in 1953. He was born in Augusta, Georgia. He was raised in the Dillon community of South Carolina. His father has had part-time jobs as a theater manager and a pharmacist. On the other hand, his mother was a tutor for primary students.
His younger brothers and sisters are number two. His brother Seth is an attorney who practices in Charlotte, North Carolina. Additionally, Sharon, his sister, has worked as a manager at Boston’s Berklee College of Music for a very long period.
Height, Weight, Full Body Status
Ben Bernanke was born on December 13, 1953, and as of 2022, he will be 68 years old. He stands 1.80 meters tall and weighs 75 kilograms.
Quick Facts
| Celebrated Name: | Ben Bernanke |
|---|---|
| Real Name/Full Name: | Ben Shalom Bernanke |
| Gender: | Male |
| Age: | 68 years old |
| Birth Date: | 13 December 1953 |
| Birth Place: | Augusta, Georgia, United States |
| Nationality: | American |
| Height: | 1.80 m |
| Weight: | 75 kg |
| Sexual Orientation: | Straight |
| Marital Status: | Married |
| Wife/Spouse (Name): | Anna Friedmann (m. 1978) |
| Children: | Yes (2 children) |
| Profession: | American economist |
| Net Worth in 2022: | $3 Million |
Professional Life And Career
Ben Bernanke started his career as a youngster working on a hospital’s construction and waiting tables in some of the eateries operating at the nearby South of the Border, a popular tourist destination in Dillon, where he was born.
This economist supported himself during college by working at South of the Border during the summers. As a young man in the 1960s in Dillon, he used to assist with rolling the Torah scrolls.
Although he maintains his religious affiliations a secret, Bernanke’s friend and the head of the economics department at New York University, Mark Gertler, claims that “they are encompassed in who he (Bernanke) is.” The Bernanke family, on the other hand, was worried that if Ben went to Harvard, he would lose his Jewish identity.
He held tenured lectureships at Princeton University’s Department of Economics from 1979 to 1985, was a visiting professor at New York University from 1979 to 1981, and lectured at the Stanford Graduate School of Business from 1981 to 1983.
From 1996 until 2002, when he went on leave from the government, this economist served as the department’s chair. In addition, he left his employment at Princeton in the year 2005.
In addition, from 2002 to 2005, he served as a Board of Governors of the Federal Reserve System employee. He was appointed chair of President George W. Bush’s Council of Economic Advisers in 2005, and he also held the position of Fed Governor.
Awards And Achievements Of Ben Bernanke
The Columbia Business School’s Distinguished Leadership in Government Award was given to Ben Bernanke (2008). In addition, from 2006 to 2014, he held the position of Chairman of the Federal Reserve, the country’s central bank, for two terms.
Net Worth, Salary, Assets
As of November 2022, Ben Bernanke’s net worth is predicted to be $3 million. His annual salary as Chairman of the Federal Reserve is $180,000, in case you were curious. The main sources of his wealth were his work as an economist, entrepreneur, and novelist.
His appointment as Chairman of the Federal Reserve, the country’s central bank, is well-known. He oversaw the Princeton University Department of Economics from 1996 until 2002. This famous person began her career serving as President George W. Bush’s Council of Economic Advisers Chairman.
Later, President George W. Bush appointed him to the position of Chairman of the US Federal Reserve. Additionally, in 2010 he was confirmed to serve as Chairman for the following term after being chosen by President Barack Obama.
One economist who is qualified to serve as the chairman of the Federal Reserve is Ben Bernanke. He is such a gifted economist that the President of the United States nominated him right away for the position of Chairman.
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