Inside Jerome Powell's Wealth & Career
Jerome Powell’s net worth ranges somewhere between $17.7 million and $55 million, and he’s actually one of the wealthiest Federal Reserve chairs in history, right now. His financial standing comes from a blend of investment banking, private equity work, and also legal expertise before he eventually entered public service. Also Read: Ethereum Pectra Upgrade Price: ETH Surges 18% to $2,200 How Powell Built His Fortune From Private Equity To Fed Power Source: CNBC Wall Street Background Jerome Powell’s net worth was created by his education at Princeton and early life as a finance professional. After graduating back in 1975, he worked in a number of investment houses. This also includes Dillon, Read & Co. as well as Bankers Trust before joining The Carlyle Group in 1997 as a managing director. Federal Reserve Appointment Powell entered the world of public service when he was appointed to the Federal Reserve Board of Governors in 2012. Later in 2017, President Donald Trump appoi...