Lawrence Summers Net Worth, Salary and Career Earnings 2024

Former United States Secretary of the Treasury, Lawrence Summers’s Net Worth is estimated to be $45 Million. Lawrence Summers is a very famous economist and politician in America. Summers has done amazing work in his career, which spans a very long time. He is a member of the democratic party for a very long time.

Lawrence has served in some very high posts in his career, which includes the 71st United States Secretary of Treasury, Director of National Economic Counsel, and much more. He also worked as the president of Harvard United from 2001 to 2006.

Lawrence Summers is known for his research in macroeconomics and he has also written and published a thesis on it. Currently, he is working as a professor at Charles W. Elliott University. He is also famous for writing opinions and columns for The Washington Post. You may also like Gordon Brown’s Net Worth.

What is Lawrence Summers’s Net Worth and Salary?

Former United States Secretary of the Treasury, Lawrence Summers’s Net Worth is around $45 Million as of 2024. He earns an estimated salary of $3,00,000 per year. Lawrence Summers is a very famous and rich Personality in America, who has done unbelievable work in his career. He is an economist and politician, and he has been working for a very long time. Summers started working as a professor at Harvard University. He became a politician in 1991 and later did amazing work.

Lawrence also became the president of Harvard University. He has done numerous types of work in his career, and he held various offices as a politician. Lawrence Summers has a very important role in the financial, and economic crisis, during the 90s. Currently, his net worth is $45 million. See Steny Hoyer’s Net Worth.

Lawrence Summers: House and Cars

Lawrence Summers is a very famous person who lives in Brookline, Massachusetts, where he owns a very beautiful house. He lives with his family and enjoys his life. He has several more properties in America, where he often goes to.

Lawrence Summers is a very wealthy individual, who has plenty of expensive and luxurious cars in his collection. He has a Rolls Royce, Cadillac, Bentley, etc.

Lawrence Summers Net Worth Growth

About Lawrence Summers’s Personal Life

Lawrence Henry Summers was born in New Haven, Connecticut, United States, on 30 November 1954. Summers was raised in Pennsylvania, where he used to live with his parents. Both his parents were Economists named Robert Summers and Anita Summers. Both his parents were professors at the University of Pennsylvania. His family is full of brilliant minds, as he is also known to be the nephew of Nobel laureates in economics.

Summers went to Massachusetts, at the age of 16, where he studied physics for some time. Later, he started studying economics and became a graduate. He soon went to Harvard, where he became a professor at the age of 28, becoming the youngest tenured professor at Harvard. Summers has married twice, and he has three children. He is currently married to Elisa New since 2005. Check out Gordon Brown’s Net Worth.

Lawrence Summers: Career and Awards

Lawrence Summers started his journey as a professor at Harvard University. He joined Harvard University as a professor of economics in 1983. Later, he worked as a professor till 1991 and gained numerous milestones. He was the youngest tenured professor at Harvard. After leaving Harvard, he became the chief economist of the World Bank in 1991. He worked as one till 1993 and achieved name and fame.

He later joined the democratic party, and, in 1993, he was appointed Under Secretary for International Affairs in the Treasury Department. He served under President Bill Clinton’s administration. He was promoted to Deputy Secretary of the Treasury in 1995. Later, in 1999 he became the secretary of the treasury. He did some outstanding work under the Clinton administration, including his vital role in the 1994 Mexican economic crisis, the 1997 Asian Financial crisis, and the Russian Financial crisis.

In 2001, he became the 27th President of Harvard University. In 2006, he left his position at Harvard and started working for D. E. Shaw and Co. In 2009, he became Director of National Economic Counsel under Barack Obama’s administration. He worked as one till 2011. Currently, he is working as a professor and columnist for The Washington Post. Must Check Steny Hoyer’s Net Worth.

Lawrence Summers’s Social Media Accounts

Education

Lawrence Summers went to Harriton High School in his childhood. Later, he went to the Massachusetts Institute of Technology, where he completed his graduation in Economics. Later, he went to Harvard as a graduate and soon became a professor there.

Conclusion

Lawrence Summers is a great personality, who has done unbelievable work for America. His knowledge and his brilliance in economics made him one of the finest economists in the world. He has done exceptional work during several financial and economic crises all around the world. As a professor, he has served at Harvard University, and he also worked as president of Harvard University. Currently, he is enjoying his time, working as a professor and columnist.

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