Pioneering the Economic Landscape: The Intellectual Odyssey of Lawrence Summers
If you are willing to know about Larry Summers net worth and other information about him along with his political career then peer into the article and you will be able to grab all the information related to the man.
Lawrence Summers, better known by the name Larry Summers is the former United States Secretary of the Treasury. He is a very famous politician as well as an economist in America; the man has been a member of the political party for a very long time.
Larry Summers has held very high posts in his career as a politician in the USA, he has served as the Director of National Economic Counsel, 71st United States Secretary of Treasury, and so on. He has also held the position of president from 2001 to 2006 at Harvard United.
Larry Summers’ Bio
Lawrence Henry Summers is the full name of Larry Summers and was born on 30th November; 1954 New Haven situated in Connecticut, United Stated. He grew up in Pennsylvania because both his parents were professors by profession in the University of Pennsylvania.
Larry Summers is the nephew of a Nobel Laureate in Economics and both his parents were also economists, his family was full of geniuses and he grew up amongst them. Larry took up Physics at the university first but later switched to economics and graduated in the same at Massachusetts.
Later he became the youngest tenured professor at Harvard at the age of 28 after completing his studies from the university. And then he just climbed the stairs of success and never looked back.
Larry Summers Net Worth
The former is an American with a lot of name and fame and with a long list of commendable work in his career. Larry Summers net worth is equivalent to $45 million USD in the year 2024.
Whereas Larry Summers net worth in rupees as per 2024 is equivalent to ₹ 375.03 Crores. Below the other necessary data related to his net worth is mentioned in the table:
|Lawrence Henry Summers
|Larry Summers Net worth 2024
|$45 million USD
|Larry Summers Net worth 2024 in Rupees
|₹375.03 Crores INR
|Politician, Economist, Professor, and Scientist
|Yearly Income/ Salary
|$4 Million +
|Monthly Income/ Salary
|Source of Income
|Salary as a Politician and Economist
Larry Summers Net Worth Growth
Larry Summers net worth has seen a subsequent growth since the years he has been working as a politician and economist. The chart below shows the growth:
|Net worth Yearwise
|Net worth (In USD)
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Larry Summers’ Source of Income
Larry Summers withdraws a great amount of salary each year, he withdraws $4 Million USD each year from his various professions like economist, professor, politician as well as scientist. He withdraws a total salary of $3, 00,000 USD per month from his numerous professions.
Larry Summers’ Career
Larry Summers started his career as a professor of economics when he was only 28 years old at Harvard University back in 1983 and became the youngest tenured professor at the university. And he continued his work as professor at the university till 1991.
And then in that year he became the World Bank’s chief economist and worked over there for the next two years and achieved a lot of name and fame at the place. Then in the same year he joined Democratic Party and was given a position at the treasury department as Secretary for International Affairs.
Later in 1995 he was promoted to Deputy Secretary of the Treasury and then was promoted to the position of secretary of the treasury in the year 1999, the former has also served under Bill Clinton and has achieved many milestones during the time. He has played a vital role in many financial crises of the world like that of Mexican, Russian and Asian.
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In the year 2001 he became the 27th president of Harvard University and soon left in 2006 and joined D.E Shaw and Co. Then in 2009 he joined Barack Obama’s administration as director of the National Economic Counsel and held the post till 2001.
Currently the former is a columnist for the Washington Post and is also a professor of economics at a university.
Larry Summers: Age, Height, and Education
Larry Summers will soon turn 70years old on 30th November in the year 2024 as he was born on the same date in 1954. Larry is 5 feet and 9 inches in height which is equivalent to 175 centimetres in the unit.
Larry Summers went to Harriton High School situated in Pennsylvania, and later went to Massachusetts for his graduation and later went to Harvard University for his further higher studies.
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Larry Summers: Family
Larry Summers was born to Robert Summers and Anita Summers in the city of New Haven situated in Connecticut. Both his parents were professors at Pennsylvania University and were also economists by profession.
Larry Summers: Girlfriend/ Wife and Personal Life
Larry Summers married twice in his life and now is living a happy married life with his second wife. In the year 1984 he married Victoria Perry and both separated in 2003 after 19 years of wedlock. Then the former married Elisa New in the year 2005 and they are still together.
Larry Summers has a total of three children from his two marriages, Harry Summers, Pamela Summers, and Ruth Summers.
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All Information- Larry Summers
|Larry Summers/ Lawrence Summers
|Lawrence Henry Summers
|30th November; 1954
|New Haven, Connecticut, USA
|Family Background and Relationships
|Elisa New in 2005
|Harry Summers, Pamela Summers, Ruth Summers
|$45 million USD
For more information about Larry Summers, you can explore Wikipedia.
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What is the net worth of Larry Summers as per 2024?
Larry Summers’ net worth as per 2024 is estimated to be around $45 million USD and his net worth in Indian rupees is equivalent to ₹375.03 Crores approximately.
What position was held by Larry Summers at Harvard?
Larry Summers initially joined as a professor but later became the 27th President of Harvard University.
Larry Summers was the secretary of the treasury in which year?
Larry Summers was the secretary of the United States treasury from 1999 to 2001 and also served as the economic advisor to President Barack Obama.
Who is Larry Summers married to?
Lawrence Summers better known as Larry Summers has been married to Elisa New since 2005.