Lawrence Summers - Net Worth, Age, Height, Birthday, Bio, Wiki!

Explore Lawrence Summers net worth, age, height, bio, birthday, wiki, and salary! American economist who was the 70th United States Secretary of the Treasury between 1999 and 2001. He also served as the president of the famous Harvard University from 2001 to the year 2006. In this article, we will discover how old is Lawrence Summers? Who is Lawrence Summers dating now & how much money does Lawrence Summers have?

Lawrence Summers Biography

Lawrence Summers is one of the most popular and richest Politician who was born on November 30, 1954 in Connecticut, United States. He was named as the 71st Secretary of the Treasury of the United States by President He was appointed the 71st Secretary of the Treasury of the United States by President Bill Clinton in 1999. in 1999.

Lawrence Henry Summers (born November 30, 1954) is an American economist, former Vice President of Development Economics and Chief Economist of the World Bank (1991–93), senior U.S. Treasury Department official throughout President Clinton’s administration (ultimately Treasury Secretary, 1999–2001), and former director of the National Economic Council for President Obama (2009–2010). He is a former president of Harvard University (2001–2006), where he is currently (as of March, 2017) a professor and director of the Mossavar-Rahmani Center for Business and Government at Harvard’s Kennedy School of Government.

At age 16, he entered Massachusetts Institute of Technology (MIT), where he originally intended to study physics but soon switched to economics (S.B., 1975). He was also an active member of the MIT debating team and qualified for participation in the annual National Debate Tournament three times. He attended Harvard University as a graduate student (Ph.D., 1982). In 1983, at age 28, Summers became one of the youngest tenured professors in Harvard’s history. It was also during this time that Summers was diagnosed with Hodgkin’s lymphoma. He underwent treatment and has since remained cancer free. He was a visiting academic at the London School of Economics in 1987. Summers has three children (older twin daughters Ruth and Pamela and son Harry) with his first wife, Victoria Joanne (Perry). In December 2005, Summers married English professor Elisa New, who has three daughters (Yael, Orli and Maya) from a previous marriage. He lives in Brookline, Massachusetts.

He was married to Elisa New in the year 2005.

He was the President of Harvard University when the Winklevoss twins accused Harvard classmates He was President of Harvard University when the Winklevoss twins accused their Harvard classmate Mark Zuckerberg of stealing their idea for Facebook. of taking their idea to create Facebook.

Summers was born in New Haven, Connecticut, on November 30, 1954, into a Jewish family, the son of two economists, Robert Summers (who changed the family surname from Samuelson) and Anita Summers (of Romanian-Jewish ancestry), who are both professors at the University of Pennsylvania. He is also the nephew of two Nobel laureates in economics: Paul Samuelson (brother of Robert Summers) and Kenneth Arrow (brother of Anita Summers). He spent most of his childhood in Penn Valley, Pennsylvania, a suburb of Philadelphia, where he attended Harriton High School.

Lawrence Summers Net Worth

Lawrence is one of the richest Politician from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Lawrence Summers's net worth $5 Million. (Last Update: January 13, 2024)

He received the Pd.D at Harvard University after obtaining his undergraduate degree in economics at MIT.

In December 1991, while at the World Bank, Summers signed a memo that was leaked to the press. Lant Pritchett has claimed authorship of the private memo, which both he and Summers say was intended as sarcasm. The memo stated that “the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that. … I’ve always thought that under-populated countries in Africa are vastly underpolluted.” According to Pritchett, the memo, as leaked, was doctored to remove context and intended irony, and was “a deliberate fraud and forgery to discredit Larry and the World Bank.”

Summers left Harvard in 1991 and served as Vice President of Development Economics and Chief Economist for the World Bank until 1993.

Ethnicity, religion & political views

Many peoples want to know what is Lawrence Summers ethnicity, nationality, Ancestry & Race? Let's check it out! As per public resource, IMDb & Wikipedia, Lawrence Summers's ethnicity is Not Known. We will update Lawrence Summers's religion & political views in this article. Please check the article again after few days.

Born in New Haven, Connecticut, Summers became a professor of economics at Harvard University in 1983. He left Harvard in 1991, working as the Chief Economist at the World Bank from 1991 to 1993. In 1993, Summers was appointed Undersecretary for International Affairs of the United States Department of the Treasury under the Clinton Administration. In 1995, he was promoted to Deputy Secretary of the Treasury under his long-time political mentor Robert Rubin. In 1999, he succeeded Rubin as Secretary of the Treasury. While working for the Clinton administration Summers played a leading role in the American response to the 1994 economic crisis in Mexico, the 1997 Asian financial crisis, and the Russian financial crisis. He was also influential in the Harvard Institute for International Development and American-advised privatization of the economies of the post-Soviet states, and in the deregulation of the U.S financial system, including the repeal of the Glass-Steagall Act.

Who is Lawrence Summers Dating?

According to our records, Lawrence Summers married to Elisa New , Victoria Perry . As of January 13, 2024, Lawrence Summers’s is not dating anyone.

Much of Summers’s tenure at the Treasury Department was focused on international economic issues. He was deeply involved in the Clinton administration’s effort to bail out Mexico and Russia when those nations had currency crises. Summers set up a project through which the Harvard Institute for International Development provided advice to the Russian government between 1992 and 1997. Later there was a scandal when it emerged that some of the Harvard project members had invested in Russia, and were therefore not impartial advisors. Summers encouraged then-Russian leader Boris Yeltsin to use the same “three-‘ations'” of policy he advocated in the Clinton Administration – “privatization, stabilization, and liberalization.”

Height, Weight & Body Measurements

Lawrence Summers height Not available right now. Lawrence weight Not Known & body measurements will update soon.

Summers was on the staff of the Council of Economic Advisers under President Reagan in 1982–1983. He also served as an economic adviser to the Dukakis Presidential campaign in 1988.

In 1993, Summers was appointed Undersecretary for International Affairs and later in the United States Department of the Treasury under the Clinton Administration. In 1995, he was promoted to Deputy Secretary of the Treasury under his long-time political mentor Robert Rubin. In 1999, he succeeded Rubin as Secretary of the Treasury.

Facts & Trivia

Lawrence Ranked on the list of most popular Politician. Also ranked in the elit list of famous people born in United States. Lawrence Summers celebrates birthday on November 30 of every year.

As a researcher, Summers has made important contributions in many areas of economics, primarily public finance, labor economics, financial economics, and macroeconomics. Summers has also worked in international economics, economic demography, economic history and development economics. He received the John Bates Clark Medal in 1993 from the American Economic Association. In 1987, he was the first social scientist to win the Alan T. Waterman Award from the National Science Foundation. Summers is also a member of the National Academy of Sciences.

What is Lawrence Summers net worth?

Upon being nominated Treasury Secretary by President Clinton in 1999, Summers listed assets of about $900,000 and debts, including a mortgage, of $500,000. By the time he returned in 2009 to serve in the Obama administration, he reported a net worth between $17 million and $39 million.

What is the Larry Summers hypothesis?

In 2005, Harvard University President Larry Summers suggested that differences in innate aptitude rather than discrimination were more likely to be to blame for the failure of women to advance in scientific careers (Summers 2005).

Where does Lawrence h Summers live?

He is currently the Charles W. Eliot University Professor at Harvard University. He and his wife Elisa New, a professor of English at Harvard, reside in Brookline with their six children.

What is obamas networth?

How much is Hank Paulson worth?

His net worth has been estimated at over $700 million. Paulson has personally built close relations with China during his career.

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