Jerome Powell: Chair of the Federal Reserve
Jerome Powell became the head of the Federal Reserve in 2018. At the time, he was the wealthiest Fed chair since the 1940s, with an estimated net worth ranging from $19.7 million to $55 million.
"When Powell became head of the Fed in 2018, he was the richest Fed chair since the 1940s, with a net worth of $19.7 million to $55 million."
Jerome Powell's extensive financial background and experience have shaped his leadership at the Fed. His personal wealth and career reflect a blend of public service and private sector involvement.
Author's summary: Jerome Powell's tenure as Fed chair stands out not only for his policy leadership but also for his significant personal wealth, uncommon among past chairs.
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