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Robert Zoellick is an American lawyer and former World Bank President. He was born on July 25, 1953 in Naperville, Illinois. He graduated from Harvard College in 1975 and Harvard Law School in 1978. Zoellick served in the Reagan and George H.W. Bush administrations, including as U.S. Trade Representative from 2001 to 2005. He was appointed President of the World Bank Group in 2007 and served until 2012. Zoellick is currently a senior fellow at the Belfer Center for Science and International Affairs at Harvard University's John F. Kennedy School of Government. He is also a member of the board of directors of the Council on Foreign Relations and a member of the board of directors of the Peterson Institute for International Economics. As of 2021, Robert Zoellick's net worth is estimated to be $20 million.

Popular As Robert Bruce Zoellick
Occupation N/A
Age 71 years old
Zodiac Sign Leo
Born 25 July, 1953
Birthday 25 July
Birthplace Naperville, Illinois, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 25 July. He is a member of famous with the age 71 years old group.

Robert Zoellick Height, Weight & Measurements

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Who Is Robert Zoellick's Wife?

His wife is Sherry Zoellick

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Robert Zoellick Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Robert Zoellick worth at the age of 71 years old? Robert Zoellick’s income source is mostly from being a successful . He is from United States. We have estimated Robert Zoellick's net worth , money, salary, income, and assets.

Net Worth in 2023 $1 Million - $5 Million
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Timeline

2018

Jack Dorsey announced on July 19, 2018 that Zoellick would be a member of Twitter's Board of Directors.

2017

Zoellick has written extensively on foreign policy and international economics. He is a proponent of free trade. In a September 2017 article, he urged Congress to assert its constitutional powers over trade before Trump's policies "unravel vital ties across the Asia-Pacific region, hurt an ally facing a security crisis, destroy a North American partnership ... and subvert confidence in the U.S. around the world."

2016

In 2016, he received the Walter and Leonore Annenberg Excellence in Diplomacy Award.

In March 2016, Zoellick signed an "open letter" in which GOP national security leaders outlined their reasons not to support a ticket headed by Donald Trump. In August, Zoellick signed a letter from fifty GOP national security officials calling Trump a national security risk. Zoellick was one of three Cabinet-level Republican officials to oppose Trump's candidacy.

2013

Finally, while the World Bank Group has some of the attributes of a financial and development business, its calling is much broader. It is a unique and special institution of knowledge and learning. It collects and supplies valuable data. Yet this is not a university – rather it is a "brain trust" of applied experience that will help us to address the five other strategic themes.

Zoellick has served as a board member for a number of private and public organizations, including Alliance Capital, Said Holdings, Rolls Royce and the Precursor Group. Since 2013, he has been a member of the board of directors of the Peterson Institute for International Economics, and on the board of Laureate International Universities. Previously, he was a member of the advisory board of AXA, of Viventures, a venture fund, and a director of the Aspen Institute's Strategy Group. He is also a member of Washington D.C. based think tank, The Inter-American Dialogue. He is a member of the Global Leadership Council of Mercy Corps, a global humanitarian agency.

As of 2 August 2013, Zoellick has been a board member of Temasek Holdings - Singapore's Sovereign Wealth Fund.

2012

On March 23, 2012, President Barack Obama announced that the United States would nominate Jim Yong Kim as the next president of the World Bank. On April 16, Kim was elected to head the World Bank; he took office on July 1.

Kim was selected over Ngozi Okonjo-Iweala, Minister of Finance of the Federal Republic of Nigeria. The African Union Commission supported her candidacy. Another candidate, former Colombia Finance Minister Jose Antonio Ocampo dropped out of the race and fully backed the election of Ngozi Okonjo-Iweala. United States Secretary of State Hillary Clinton was frequently mentioned as a possible successor to President Zoellick at the end of his term in mid-2012. Clinton expressly stated that she had no desire to hold further political office.

After leaving the World Bank, Zoellick took up the position as a senior fellow at Harvard Kennedy School's Belfer Center for Science and International Affairs on July 1, 2012. From September 2013 through 2016, he served as Chairman of International Advisors to Goldman Sachs.

During the 2012 United States presidential election, Zoellick was appointed to lead the national security portion of Republican candidate Mitt Romney's transition team should he be elected President of the United States. Zoellick was considered a "heavyweight with impressive government experience" who was likely to be part of any Romney administration "economic brain trust."

Anonymous sources supposedly affiliated with Romney's transition project claimed he hoped to be appointed as Romney's United States Secretary of State. This speculation was also fueled by Politico in August 2012, when it was reported that 'in diplomatic circles it is seen as very likely' that Zoellick "could get the top job" as Secretary of State in a potential Romney cabinet. However, other anonymous "former Romney advisers" stated to Foreign Policy that foreign policy transition team members would not necessarily receive certain jobs in Romney's potential administration. This speculation about Zoellick's possible role in a Romney administration was moot when Romney lost the election to incumbent Barack Obama.

2010

In the lead-up to the 2010 G-20 Seoul summit and in the immediate wake of the U.S. elections and subsequent Fed QE2 monetary-policy move, Zoellick published a suggestion for increased awareness of the function of gold in international currency markets. This was misinterpreted by many economists as a call for the return of some form of gold standard in a post-Bretton Woods II world. Zoellick's response was to point out the misinterpretation: he did not advocate a return to the gold standard, but a new role for gold in currency markets as an alternative monetary asset, which he termed "reference point gold".

2007

On 30 May 2007, President George W. Bush nominated Zoellick to replace Paul Wolfowitz as President of the World Bank.

On 25 June 2007, Zoellick was approved by the World Bank's executive board.

On 1 July 2007, Zoellick officially took office as President of the World Bank.

In a major speech at the National Press Club in Washington on October 10, 2007, Zoellick formulated what he described as "six strategic themes in support of the goal of an inclusive and sustainable globalization" which he proposed should guide the future work of the World Bank:

2006

In addition, Zoellick chartered a new direction in the Darfur peace process. He made four trips to Sudan during his time as Deputy Secretary. He supported expanding a United Nations force in the Darfur region to replace African Union soldiers. He was involved in negotiating a peace accord between the government of Sudan and the Sudan Liberation Army, signed in Abuja, Nigeria, in May 2006. Zoellick was seen by many as the administration's strongest voice on Darfur. His resignation catalyzed groups, such as the Genocide Intervention Network, to praise his record on human rights issues.

2005

On January 7, 2005, Bush nominated Zoellick to be Deputy Secretary of State. Zoellick assumed the office on February 22, 2005. Zoellick agreed to serve as Deputy Secretary of State for not less than one year.

He was seen as a major architect of the Bush administration's policies regarding China. In an important speech September 21, 2005, Zoellick challenged China "to become a 'responsible stakeholder' in the international system, contributing more actively than in the past to help shore up the stability of the international system from which it ha[d] benefited so greatly." In his "thoughtful and influential speech...Zoellick correctly argued that China had benefited greatly from the security and prosperity created by a stable, rule-based international economic and political order. But China had contributed a disproportionally small amount to maintain that order. Zoellick recognized that one of the great challenges facing diplomats in the United States, Europe, and Japan was to persuade China to do more to contribute to the global commons."

In 2005 Tom Barry, the policy director of the International Relations Center, wrote that Zoellick "regards free trade philosophy and free trade agreements as instruments of U.S. national interests. When the principles of free trade affect U.S. short-term interests or even the interests of political constituencies, Zoellick is more a mercantilist and unilateralist than free trader or multilateralist."

Gavan McCormack has written that Zoellick used his perch as U.S. trade representative to advocate for Wall Street's policy goals abroad, as during a 2004 intervention in a key privatization issue in Japanese Prime Minister Junichiro Koizumi's re-election campaign. McCormack has written, "The office of the U.S. Trade Representative has played an active part in drafting the Japan Post privatization law. An October 2004 letter from Robert Zoellick to Japan's Finance Minister Takenaka Heizo, tabled in the Diet on August 2, 2005, included a handwritten note from Zoellick commending Takenaka. Challenged to explain this apparent U.S. government intervention in a domestic matter, Koizumi merely expressed his satisfaction that Takenaka had been befriended by such an important figure… It is hard to overestimate the scale of the opportunity offered to U.S. and global finance capital by the privatization of the Postal Savings System."

2002

Zoellick was named U.S. Trade Representative in Bush's first term; he was a member of the Executive Office, with cabinet rank. According to the U.S. Trade Representative website, Zoellick completed negotiations to bring China and Taiwan into the World Trade Organization (WTO); developed a strategy to launch new global trade negotiations at the WTO meeting in Doha, Qatar; shepherded Congressional action on the Jordan Free Trade Agreement and the Vietnam Trade Agreement; and worked with Congress to pass the Trade Act of 2002, which included new Trade Promotion Authority. He also heavily promoted the Central American Free Trade Agreement over the objections of labor, environmental, and human rights groups.

2000

In the 2000 presidential election campaign, Zoellick served as a foreign policy advisor to George W. Bush as part of a group, led by Condoleezza Rice, which she termed The Vulcans, after her home town of Birmingham, Alabama. James Baker designated him as his second-in-command—"a sort of chief operating officer or chief of staff"—in the 36-day battle over recounting the vote in Florida.

Zoellick in April 2000 received criticism when he intervened in the Mexican presidential election. As senior advisor on foreign policy to Republican candidate George W. Bush, Zoellick arranged the tacit endorsement by Bush of the candidate of the long-ruling PRI party, Francisco Labastida, the controversial former Mexican political-police chief who a few months later was to unexpectedly lose that election to Vicente Fox of the opposition PAN party. Zoellick had denied repeated requests by the Fox campaign to retract the tacit endorsement during the parallel campaigns.

In a January 2000 Foreign Affairs essay entitled "Campaign 2000: A Republican Foreign Policy," he was one of the first of those now associated with Bush's foreign policy to invoke the notion of "evil," writing: "[T]here is still evil in the world—people who hate America and the ideas for which it stands. Today, we face enemies who are hard at work to develop nuclear, biological, and chemical weapons, along with the missiles to deliver them. The United States must remain vigilant and have the strength to defeat its enemies. People driven by enmity or by a need to dominate will not respond to reason or goodwill. They will manipulate civilized rules for uncivilized ends." The same essay praises the "idealism" of Theodore Roosevelt and Woodrow Wilson.

1998

From fall 1998 to May 1999, Zoellick headed the Center for Strategic and International Studies (CSIS). He resigned when founder David Abshire chose not to retire.

Zoellick signed the January 26, 1998 letter to President Bill Clinton from Project for a New American Century (PNAC) that noted the "inadequacy of relying on Saddam Hussein's cooperation" in refraining from the use of weapons of mass destruction and urged a strategy aimed at the removal of Saddam Hussein's regime from power in Iraq. The letter pressed President Clinton to employ a "full complement of diplomatic, political and military efforts."

1996

From 1996 to 1999, he served as director of the Aspen Strategy Group. He served as an elected member of the board of the Council on Foreign Relations.

1993

Business, academia, and politics (1993–2001)

After leaving government service, Zoellick served from 1993 to 1997 as an Executive Vice President and General Counsel of Fannie Mae. Afterwards, Zoellick was John M. Olin Professor of National Security at the U.S. Naval Academy (1997–98); Research Scholar at the Belfer Center for Science and International Affairs at the John F. Kennedy School of Government; and Senior International Advisor to Goldman Sachs.

1992

In August 1992, Zoellick was appointed White House Deputy Chief of Staff and Assistant to the President.

In 1992, he received the Knight Commander's Cross of the Order of Merit of the Federal Republic of Germany for his eminent achievements in the course of German reunification. In 2002, he was awarded an honorary Doctor of Humane Letters from Saint Joseph's College in Rensselaer, Indiana. The Mexican and Chilean governments awarded him their highest honors for non-citizens, the Aztec Eagle and the Order of Merit, for recognition of his work on free trade, development, and the environment.

1991

During George H. W. Bush's presidency, Zoellick served with Baker, by then Secretary of State, as Under Secretary of State for Economic and Agricultural Affairs, as well as Counselor to the Department (Under Secretary rank). Zoellick served as Bush's personal representative or "sherpa" for the G7 Economic Summits in 1991 and 1992. He led the US Delegation to the Two Plus Four talks on German reunification. For his achievements in this role, the Federal Republic of Germany awarded him in 1992 the Knight Commander's Cross of the Order of Merit.

1985

Zoellick served in various positions at the Department of the Treasury from 1985 to 1988. He held positions including Counselor to Secretary James Baker, Executive Secretary of the Department, and Deputy Assistant Secretary for Financial Institutions Policy.

1971

Robert Bruce Zoellick was born in Naperville, Illinois, the son of Gladys (Lenz) and William T. Zoellick. His ancestors were German and he was raised Lutheran. He graduated in 1971 from Naperville Central High School, graduated Phi Beta Kappa in 1975 from Swarthmore College as an Honors history major and received his J.D. from Harvard Law School magna cum laude and a Master of Public Policy degree from Harvard University's John F. Kennedy School of Government in 1981.

1953

Robert Bruce Zoellick (/ˈ z ɛ l ɪ k / ; German: [ˈtsœlɪk] ; born July 25, 1953) is an American public official and lawyer who was the eleventh president of the World Bank, a position he held from July 1, 2007 to June 30, 2012. He was previously a managing director of Goldman Sachs, United States Deputy Secretary of State (resigning on July 7, 2006) and U.S. Trade Representative, from February 7, 2001 until February 22, 2005. Zoellick has been a senior fellow at Harvard's Belfer Center for Science and International Affairs since ending his term with the World Bank. He is currently a Senior Counselor at Brunswick Group and non-executive Chairman of the Board of AllianceBernstein.