Robert Reich Net Worth

What is Robert Reich’s Net Worth?

Robert Reich, an American political economist, professor, author, and political commentator, has a net worth of $4 million.

Highlights

– Robert Reich has served in various administrations, including those of Presidents Gerald Ford, Jimmy Carter, Bill Clinton, and Barack Obama.

– He is a former Secretary of Labor under President Bill Clinton.

– Reich is currently a Chancellor’s Professor of Public Policy at the University of California, Berkeley.

– He has authored numerous books and is a political commentator on various television news programs.

Early Life

Robert Reich was born on June 24, 1946, in Scranton, Pennsylvania to parents Mildred and Edwin Reich. His father owned a women’s clothing store. Reich was diagnosed with multiple epiphyseal dysplasia as a child, which made him a target for bullies and influenced his pursuit of a career in public service.

He attended John Jay High School in Cross River, New York, and later graduated summa cum laude from Dartmouth College. He then studied Philosophy, Politics, and Economics as a Rhodes Scholar at University College, Oxford. Reich obtained his J.D. from Yale Law School.

Career

Reich’s career highlights include:

– Working as an assistant to U.S. Solicitor General Robert Bork.

– Serving as the director of the Policy Planning Staff at the Federal Trade Commission under President Jimmy Carter.

– Teaching at the John F. Kennedy School of Government at Harvard University.

– Joining the administration of President Bill Clinton as Secretary of Labor.

– Advising President Clinton on various policy matters.

– Publishing the book “Locked in the Cabinet” in 1997.

– Running for Governor of Massachusetts in 2002.

– Becoming a professor at Brandeis University and later joining UC Berkeley’s Goldman School of Public Policy.

– Endorsing Barack Obama for President of the United States in 2008.

– Founding Inequality Media and producing videos and interviews on social media.

– Publishing several books, including “Reason: Why Liberals Will Win the Battle for America” and “The Common Good.”

– Making documentary films such as “Inequality for All” and “Saving Capitalism.”

Personal Life

In 1973, Reich married lawyer Clare Dalton, and they had two sons together. The couple divorced in 2012. Reich later married photographer Perian Flaherty.

Net Worth Over Time

Robert Reich’s net worth of $4 million reflects his earnings from his various professional endeavors, including his work in academia, authorship, and political commentary. Additionally, his net worth may have been influenced by investments, real estate, and other assets.

Components of Net Worth

Robert Reich’s net worth is comprised of various factors, including:

– Earnings from his tenure as Secretary of Labor and other government positions.

– Income from his roles as a professor, author, and political commentator.

– Royalties and book sales from his published works.

– Investments in stocks, bonds, and other financial instruments.

– Real estate properties, such as his home in Berkeley, California, which is worth approximately $2 million.

– Other assets, such as personal belongings, vehicles, and valuable possessions.

In conclusion, Robert Reich, with a net worth of $4 million, has had a distinguished career as a political economist, professor, author, and political commentator. His work in academia, government, and media has contributed to his financial success and influence in the field. Despite facing challenges in his early life, Reich has made significant contributions to public service and continues to share his political views and insights with the public.

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