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Alan Greenspan Net Worth, Biography & Wiki 2017
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.
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.