Jerome Powell is an American attorney and economist who currently serves as the 16th Chair of the Federal Reserve of the United States. He is an influential figure in the world’s economy and his accomplishments have earned him a substantial net worth. This article will provide an overview of Jerome Powell’s net worth, biography, wiki, cars, house, age, and career.
Jerome Powell’s Net Worth
Jerome Powell’s net worth is estimated to be around $20 million. His wealth comes from his long career in the financial sector, in which he has held executive positions at various financial institutions such as The Carlyle Group, the Federal Reserve Bank of New York, and more recently, the Federal Reserve Board.
Powell’s salary as the Chair of the Federal Reserve is set at $203,500. In addition to his salary, he also receives an annual bonus of $16,000 and an additional $10,000 for his service as a Director of the Federal Reserve Bank of New York.
Jerome Powell’s Biography
Jerome Powell was born in Washington, D.C. in 1953. He attended Princeton University, where he graduated with an A.B. in politics in 1975. He went on to earn his J.D. from Georgetown University Law Center in 1979.
Powell began his career as a clerk for the U.S. Court of Appeals for the D.C. Circuit. He later became a partner at the law firm of Davis Polk & Wardwell. In 1990, he joined The Carlyle Group, where he worked for six years before being appointed Under Secretary of the Treasury for Domestic Finance by President George H. W. Bush in 1992.
In 2011, Powell was appointed as a Governor of the Federal Reserve Board, and was later appointed as the 16th Chair of the Federal Reserve by President Donald Trump in 2018.
Jerome Powell is an influential figure in the world’s economy and his accomplishments have earned him a substantial net worth. This article provided an overview of Jerome Powell’s net worth, biography, wiki, cars, house, age, and career. Powell’s net worth is estimated to be around $20 million, and his salary as the Chair of the Federal Reserve is set at $203,500. He has had a long and successful career in the financial sector, and his influence in the world’s economy will continue to be felt for years to come.
