Age, Biography and Wiki

Paul Volcker is an American economist who served as the Chairman of the Federal Reserve from 1979 to 1987. He is widely credited with ending the high inflation of the 1970s and restoring economic stability. He is also known for his role in the Volcker Rule, which limits the ability of banks to engage in certain types of speculative investments. Volcker was born in Cape May, New Jersey, and graduated from Princeton University in 1949. He then went on to earn a Ph.D. in economics from Harvard University in 1951. Volcker began his career in government service in 1952, when he joined the Federal Reserve Bank of New York. He then served as Undersecretary of the Treasury for Monetary Affairs from 1969 to 1974. In 1979, he was appointed Chairman of the Federal Reserve, a position he held until 1987. During his tenure as Chairman, Volcker implemented a number of policies to combat inflation, including raising interest rates and tightening the money supply. These policies were successful in reducing inflation, but they also caused a recession in the early 1980s. Volcker has since served as an advisor to several governments and international organizations. He is currently a senior fellow at the Peterson Institute for International Economics. Volcker has received numerous awards and honors, including the Presidential Medal of Freedom in 2002. He is also the author of several books, including The Age of Turbulence: Adventures in a New World (2007).

Popular As Paul Adolph Volcker Jr.
Occupation actor
Age 92 years old
Zodiac Sign Virgo
Born 5 September, 1927
Birthday 5 September
Birthplace Cape May, New Jersey, USA
Date of death 8 December, 2019
Died Place New York City, New York, USA
Nationality United States

We recommend you to check the complete list of Famous People born on 5 September. He is a member of famous Actor with the age 92 years old group.

Paul Volcker Height, Weight & Measurements

At 92 years old, Paul Volcker height is 6' 7" (2.01 m) .

Physical Status
Height 6' 7" (2.01 m)
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Paul Volcker's Wife?

His wife is Anke Dening (11 February 2010 - 8 December 2019) ( his death), Barbara Marie Bahnson (11 September 1954 - 14 June 1998) ( her death) ( 2 children)

Family
Parents Not Available
Wife Anke Dening (11 February 2010 - 8 December 2019) ( his death), Barbara Marie Bahnson (11 September 1954 - 14 June 1998) ( her death) ( 2 children)
Sibling Not Available
Children Not Available

Paul Volcker Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Paul Volcker worth at the age of 92 years old? Paul Volcker’s income source is mostly from being a successful Actor. He is from United States. We have estimated Paul Volcker's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income Actor

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Timeline

2019

He was nominated in the 2019-2020 Class of New Jersey Hall of Fame in the Enterprise category.

2018

He was nominated for the 2018 New Jersey Hall of Fame in the Public Service category.

2017

He was nominated for the 2017 New Jersey Hall of Fame in the Enterprise category.

2016

He was nominated for the 2016 New Jersey Hall of Fame in the Public Service category.

2013

He was nominated for a 2013 New Jersey Hall of Fame for Enterprise.

2012

He was nominated for the 2012 New Jersey Hall of Fame for his contributions to Enterprise.

2010

He was nominated for the 2010 New Jersey Hall of Fame for his services and contributions to Enterprise.

1979

Chairman of the Board of the United States Federal Reserve System under United States presidents Jimmy Carter and Ronald Reagan (from August 1979 to August 1987).

1975

Economist, senior Federal Reserve official from 1975 to 1987 and author.

1952

He was hired at the Federal Reserve Bank of New York in 1952, where he prepared reports for policymakers on the financial markets. He left to work at Chase Manhattan Bank, where he gained practical knowledge of banking. He joined the Kennedy administration in 1962 as a Treasury official, working on international financial matters.

1927

Paul Volcker was born on September 5, 1927 in Cape May, New Jersey, USA as Paul Adolph Volcker Jr. He was married to Anke Dening and Barbara Marie Bahnson.