Ben Bernanke, who is originally known as Ben Shalom Bernanke, is well known American economist. He has attained significant recognition by serving in the Brooking Institution for a long time period. There are an endless number of achievements in the name of this extraordinary personality. He has conducted various researches and supported a lot of crises by considering his high-end knowledge. If you ever go through the top economist of America, then you will surely get a chance to notice his name in the ranking because of his contribution to the economy.
Bernanke was born in 1953 in Augusta, Georgia. His father’s name is Philip, who is the pharmacist, whereas his mother’s name is Edna, who served as an elementary school teacher. The pharmacy store, which his father managed, was in partnership with his uncle, was one which he purchased from his paternal grandfather. He has spent his entire childhood in East Jefferson street of Dillon, South Carolina. Bernanke is having two siblings, one brother, and one sister. He belongs to a Jewish family. The family decided to migrate to Dillon from New York, but the reason for being moved is unknown.
He attended various schools such as East Elementary, JV Martin Junior high, and Dillon High School and learned a way of playing saxophone. For pursuing higher education, he took admission to Harward University and was reciting at the home of Winthrop.
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Bernanke started teaching at the Stanford Graduate school of Business in 1979 and continued over there until 1985. Later he got the chance to serve as the tenured professor at the Princeton University. Finally, he resigned from this position on July 1 of 2005.
The February 1, 2005 was a huge day for him, when he commenced a fourteen-year membership of the federal reserve board of governors. He was also nominated as the four-year term chairman by President Bush in 2005. He faced a lot of difficulties in the beginning period as chairman. The primary issue was faced with the media as he was not able to communicate appropriately. He met a lot of criticization for making public statements which he claimed just a “Lapse of Judgement.”
Bernanke firstly met the love of his life named Anna on the blind date. At that time, both were studying as she was a student of Wellesley college, whereas he was admitted to graduated school at MIT. There is no idea about the time of their marriage. But at the present time, they have two children named Joel and Alyssa. One of the sources revealed that he becomes a victim of identity theft which was a crime that has been in controversies for a long time so that it can be prevented. There is no other information about his life, but it is clear that he is living a simple and very peaceful life.
The net worth of Bernanke is estimated at $3 million, which is mainly generated by his profession.