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Jerome Powell Net Worth 2024: How Much is the Chair of the Federal Reserve of the United States Worth?

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Jerome Powell Net Worth 2024: How Much is the Chair of the Federal Reserve of the United States Worth?

Who is Jerome Powell?

Jerome Hayden “Jay” Powell is an American attorney and investment banker who has been serving as the 16th Chair of the Federal Reserve since 2018. Born on February 4, 1953, in Washington, D.C., Powell has had a distinguished career in both the private sector and public service.

Jerome Powell Career

Powell’s career began in investment banking and law, where he worked at prestigious firms such as Dillon, Read & Co., and The Carlyle Group. He later transitioned into public service, serving as Under Secretary of the Treasury for Domestic Finance under President George H.W. Bush. Powell’s expertise in finance led to his appointment to the Federal Reserve Board of Governors in 2012, where he served before being nominated as Chair by President Donald Trump in 2017.

Jerome Powell Net Worth

As of 2024, according to CoinGape, Jerome Powell’s net worth is estimated to be around $50 million. While his annual salary as Chair of the Federal Reserve is $246,400, much of his wealth is attributed to his successful career in investment banking, particularly during his time at The Carlyle Group. Powell’s diverse portfolio and prudent financial management have also contributed to his substantial net worth.

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Jerome Powell Age

Jerome Powell was born on February 4, 1953, making him 71 years old as of 2024.

Jerome Powell Family: Wife and Children

Powell is married to Elissa Leonard, and together they have three children: Sam, Susie, and Lucy. The Powell family resides in Chevy Chase Village, Maryland.

Jerome Powell Height and Weight

Jerome Powell stands at a height of 6 feet and weighs approximately 170 pounds.

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