| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $16 million | Not specified | August 13, 1946 | Brooklyn, New York City | Female | Not specified | American economist | American |
What is Janet Yellen’s Net Worth?
Janet Yellen has a net worth of $16 million. In November 2020, Joe Biden announced that Janet would serve as Treasury Secretary under his administration. According to a financial filing released ahead of her term as Treasury Secretary, Janet and her husband, Nobel Prize-winning economist George Akerlof, control assets between $8 and $20 million.
Highlights
– Janet Yellen has a net worth of $16 million
– She served as Chair of the Federal Reserve System from 2014 to 2018
– Yellen was appointed as United States Secretary of the Treasury under President Joe Biden’s administration
– She earned $7 million from speaking engagements between 2018 and 2020
Early Life
Janet Yellen was born on August 13, 1946, in Brooklyn, New York City. She grew up in a family of Polish Jewish ancestry. Yellen attended Fort Hamilton High School, where she excelled academically and graduated as the class valedictorian. She went on to study at Brown University’s Pembroke College, earning a BA in economics in 1967. Yellen further pursued her education at Yale University, obtaining her MA and PhD in economics in 1971.
Career
After completing her doctorate, Janet Yellen began her career as an assistant professor of economics at Harvard University. She later joined the Federal Reserve Board of Governors, where she conducted research on international monetary reform. Yellen then became a professor at the Haas School of Business at the University of California, Berkeley, where she focused on macroeconomics research and teaching. In 1994, Yellen was appointed as a member of the Federal Reserve Board of Governors by President Clinton. She later served as the chair of the Council of Economic Advisers before returning to teaching at Berkeley. In 2004, Yellen made history as the first woman to be president of the Federal Reserve Bank of San Francisco. She went on to become the vice chair of the Federal Reserve Board of Governors under President Obama and eventually was nominated to serve as the chair of the Federal Reserve, a position she held from 2014 to 2018.
Personal Life
Janet Yellen is married to fellow economist George Akerlof. The couple has a son named Robert, who is also an economist. Yellen and Akerlof have collaborated on various research projects throughout their careers. Yellen is known for her love of philately and has a postage stamp collection worth an estimated $15,000 to $50,000.
Net Worth Over Time
Janet Yellen’s net worth has fluctuated over time. As of now, she has a net worth of $16 million. However, her financial disclosure filings indicate that she and her husband have assets ranging from $8 to $20 million. Her net worth has been influenced by her positions in academia, government, and speaking engagements.
Components of Net Worth
Janet Yellen’s net worth comprises various assets, including financial investments, real estate, and other valuable holdings. Her husband, George Akerlof, is a Nobel Prize-winning economist, and together they control assets between $8 and $20 million, according to financial filings. Additional factors contributing to her net worth are her income from speaking engagements and potential investments and income streams not disclosed in public records.
Disclaimer: The above information is based on available data and estimation. The net worth figures are subject to change and should be considered as rough estimates.