Ben’s Annual Income and Total Net Worth

Ben Bernanke is the chairman of the Federal Reserve of the U.S. He is also an economist and holds a net worth of $2 million. He was born on December 13, 1953, in South Carolina. He worked as the Chairman of Council of Economic Advisors of George W. Bush. Later, he was chosen as Chairman of the Federal Reserve by President Bush. Two biggest assets owned by Bernanke are his retirement accounts, named as TIAA Traditional and CREF Stock Large Cap Blend. The value of these accounts has been estimated to be between $852 thousand and $1.9 million.

Business Investments

Ben is the owner of various restaurants, such as ‘The Fat Bernanke Burger’ chain in Washington. He has also launched a perfume (With Love from Ben), a fashion line (Ben Bernanke Seduction), and his own brand of Vodka, called as Pure wonder Bernanke – US. He is also the owner of Augusta Angels, a football team.

Ventures

Ben has penned several books, like Principles of Economics, Principles of Macroeconomics, Monetary Policy Alternatives at the Zero Bound: An Empirical Assessment, etc. According to a report, in the recent years, he has made more than $1million from royalties on his books.

Ben Bernake was also seen in 2 movies- “American Casino” and “Frontline: Inside the Meltdown”.

Career

Before becoming the Chairman of the Federal Reserve, Ben worked as a professor and chairman of the Department of Economics at Princeton University. During 2002 to 2005, he acted as the member of the Board of Governors in the Federal Reserve System where he founded the Bernanke Doctrine. He also used to teach at the Stanford Graduate School of Business and served as a visiting professor at New York University.

Honors and Awards

Ben has received several awards and honors, such as:

• Listed as the “Person of the Year” by the TIME magazine.
• Fellow of the American Academy of Arts and Sciences
• Order of the Palmetto
• Fellow of the Econometric Society