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|Full Name||Lawrence Henry Summers|
|Known as||Larry Summers|
|Net Worth||$40 Million|
|Profession(s)||American Academic economist|
|Born In||New Haven, Connecticut, U.S.|
|Age||68 years old|
What is the Net Worth of Larry Summers?
Larry Summers is an economist who lives in the U.S. From 1999 to 2001, Lawrence Summers was the US secretary of the treasury. From 2009 to 2010, he was the head of the National Economic Council.
He also held a number of other jobs in the Clinton administration. From 2001 to 2006, he was president of Harvard University. CelebrityNetWorth says that Larry Summers has a net worth of $40 million.
How Was the Early Life of Larry Summers?
Lawrence Summers was born in New Haven, Connecticut, on November 30, 1954. His parents, Anita and Robert, were both professors of economics at the University of Pennsylvania and were Jewish.
He grew up in Penn Valley, which is near Philadelphia. He went to Harriton High School. Summers went to MIT when he was 16 years old. He got a degree in economics in 1975. After that, he went to graduate school at Harvard University. In 1982, he got his Ph.D.
Take a Look at Larry Summers's Career
When the Winklevoss twins said that Mark Zuckerberg stole their idea for Facebook, he was President of Harvard University. Summers was born in New Haven, Connecticut, and in 1983 he started teaching economics at Harvard University. He left Harvard in 1991.
From 1991 to 1993, he was the Chief Economist at the World Bank. Under the Clinton Administration, Summers was given the job of Undersecretary for International Affairs at the U.S. Department of the Treasury in 1993.
In 1995, he was given the job of Deputy Secretary of the Treasury by Robert Rubin, who had been his long-time political mentor. He took over from Rubin as Secretary of the Treasury in 1999.
Summers was a key part of the American response to the economic crises in Mexico in 1994, Asia in 1997, and Russia in 1998. He did this while working for the Clinton administration.
He also had an impact on the Harvard Institute for International Development and the privatization of the economies of the post-Soviet states, which was advised by the United States, as well as on the deregulation of the U.S. financial system, which included the repeal of the Glass-Steagall Act.
Larry Summers: Personal Life
Summers married Victoria Perry in 1984. She was his first wife. Harry was their son, and Ruth and Pamela were their twin daughters. In 2003, they got a divorce.
After that, Summers got married to a professor named Elisa New, who had been married before and had three daughters named Orli, Yael, and Maya. Summers lives in the Massachusetts city of Brookline.
Here we have tried our best to cover all the information about Lawrence Henry Summers's net worth, height, weight, and bio. Hope the above information helps you to know about him. Are all the facts right? Tell us in the comments or through our contact page. We can't wait to hear from you.