Alan Greenspan Net Worth

Publish date: 2024-08-15

Alan Greenspan net worth is
$10 Million

Alan Greenspan Wiki Biography

Alan Greenspan was born on 6 March 1926, in Washington Heights, New York State USA, of Rumanian- (father) and Hungarian- (mother) Jewish descent. Alan is a very successful economist, best known as having been the Chairman of the Federal Reserve from 1987-2006. Now Alan has his own company, called Greenspan Associates LLC, through which he provides consultancy services. During his career, Alan has received many honors, including Department of Defense Medal for Distinguished Public Service, Knight Commander of the Order of the British Empire, Presidential Medal of Freedom and many others.

So how rich is Alan Greenspan? Sources have announced that Alan’s net worth is 10 million dollars. As Alan still works as a consultant, there is a possibility that Alan Greenspan’s net worth will grow in the future.

Alan Greenspan Net Worth $10 Million

Alan Greenspan  Alan’s father was a market analyst and stockbroker, so there is no surprise that Alan was also interested in economics. It was actually not the only interest of Alan, he also played saxophone and clarinet and even studied at Juilliard School. In 1945 Greenspan started to study at New York University, where he earned B.S. and M.A. degrees in economics, and then in 1977 Greenspan earned his PhD in economics from the same university. His career as an economist started when he was studying,  working in Brown Brothers Harriman, The National Industrial Conference Board, Towsend-Greenspand & Co. and other companies and institutions. These of course added a lot to Alan Greenspan’s initial net worth. What is more, Greenspan worked in such companies as General Foods, Automating Data Processing, Morgan Guaranty Trust Company and many others.

In 1987 Alan was appointed the Chairman of the Federal Reserve, and became well known during his tenure, and gained acclaim from many others. Alan was in this position until 2006 one of the longest periods for this position, which not only made Alan more respected and popular, but also had a huge impact on the growth of Alan’s net worth. When Alan decided to retire from this position, he created his own company, called Greenspan Associates LLC. Later he also became a consultant for Pacific Investment Management Company and Paulson & Co. All of this made Greenspan’s net worth a lot higher, and he continues to work in his own company and consults with others.

In addition to his career as a successful economist, Alan has also written a memoir, called The Age of Turbulence: Adventures in a New World. This book also added to Alan Greenspan’s net worth.

In his personal life, Alan Greenspan was briefly married to artist Joan Mitchell(1952-53), dated  well-known newscaster Barbara Walters in the 80s, and married journalist Andrea Mitchell in 1997.

All in all it could be said that Alan Greenspan is one of the most successful economists in the world. He is also one of the most acclaimed and experienced. From an early age he knew what he wanted and worked hard to achieve it. Greenspan shares his knowledge with others and consults for many companies in order to help them achieve better results. As mentioned, he still continues working through his own company so there is every chance that Alan’s net worth will continue to grow.


Net Worth$10 Million
Date Of BirthMarch 6, 1926
Place Of BirthWashington Heights, New York City, New York, United States
ProfessionEconomist, Scientist, Politician, Businessperson, Consultant
EducationColumbia University, New York University, Juilliard School
NationalityUnited States of America
SpouseAndrea Mitchell (m. 1997), Joan Mitchell (m. 1952–1953)
ParentsRose Goldsmith, Herbert Greenspan
NicknamesDr. Alan Greenspan
IMDBwww.imdb.com/name/nm2325162
AwardsU.S. Senator John Heinz Award for Greatest Public Service - Jefferson Awards(1976), Department of Defense Medal for Distinguished Public Service, Knight Commander of the Order of the British Empire, Presidential Medal of Freedom
#Quote
1[on how the 2008 financial debacle changed his perspective] Most basic economics up to that point was based on the presumption that human beings are rational in that they look after their long-term self-interest. My shock was that what we now call animal spirits has a certain consistency about it. In other words, you can demonstrate that fear is a far more potent emotion than euphoria or greed. That changed the whole way I look at the world.
2[on dealing with the recession] Part of the way out is to slow down benefits. Very much to my surprise, benefits are crowding out savings of the society. The data are very clear in that regard.
3[on discord in the U.S. government, 2013] Clearly the problem is within the Republican Party. If you make every issue uncompromisable, you cannot have laws.
4You can have a financial system with banks making all sorts of horrible loans, but if they're well-capitalized all of the losses go to the shareholders.
5I was responsible for lots of things. Some good, some bad. But I'm realistic. Given what I knew at the time, could I have done better? Probably. Did I know it at the time? No.
#Fact
1Release of his book, "The Age of Turbulence: Adventures in a New World". [2007]
2Release of the book, "Alan Shrugged: The Life and Times of Alan Greenspan, the World's Most Powerful Banker" by Jerome Tuccille. [2002]
3He played music with Stan Getz when they were in school together.
4Attended New York University (NYV), where he received a B.S. in Economics (summa cum laude) in 1948 and a M.A. in Economics in 1950. He went on to Columbia University, intending to pursue advanced economic studies, but subsequently dropped out. In 1977, NYU also awarded him a Ph.D. in Economics. On December 14, 2005, he was awarded an honorary Doctor of Commercial Science degree by NYU.
5Awarded the Presidential Medal of Freedom by President George W. Bush in November 9, 2005.
6He is Jewish.
7Before studying economics, he attended Juilliard School of Music where he played clarinet and saxophone.
8In 2007, Forbes Magazine estimated his earnings for the year at $16 million.
9Former chairman of the Federal Reserve Bank (August 11, 1987 - January 31, 2006).
10As a young man he played saxophone with Woody Herman and His Orchestra.

Self

TitleYearStatusCharacter
Sunday Morning Futures with Maria Bartiromo2014TV SeriesHimself - Former Federal Reserve Chairman
Charlie Rose2011-2013TV SeriesHimself - Guest
On the Money2013TV SeriesHimself - Former Chairman, Federal Reserve
The Daily Show2007-2013TV SeriesHimself
The Men Who Built America2012TV Mini-Series documentaryHimself - Former Chairman, Federal Reserve
Meet the Press2011TV SeriesHimself - Former Chairman, The Federal Reserve / Himself - Former Chairman, Federal Reserve
Who Is Cenk Uygur?2010TV Short documentaryHimself
CNBC Originals2009TV SeriesHimself - Former Federal Reserve Chairman
I.O.U.S.A.2008DocumentaryHimself
Late Show with David Letterman2007TV SeriesHimself - Guest
The View2007TV SeriesHimself
Democracy Now!2007TV SeriesHimself
60 Minutes2007TV Series documentaryHimself - Chairman, Federal Reserve (segment "Alan Greenspan")
The Power of Choice: The Life and Ideas of Milton Friedman2007DocumentaryHimself - interviewee
Encore with John Palmer2006TV SeriesHimself
The Young Turks2005TV SeriesHimself (2010)

Archive Footage

Known for movies


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