Alan Greenspan – Updated September 2023

Alan Greenspan is a popular American economist and the 13th Chairman of the Federal Reserve. Alan Greenspan is known for serving as president from 1987 to 2006, the second longest term in history.

Age and family

Alan Greenspan was born on March 6, 1926 and is currently 97 years. He comes from the Washington Heights area of ​​New York City, New York, and his zodiac sign is Pisces.

Talking about his family, his parents are his father Herbert Greenspan and his mother Rose Goldsmith.

His father was of Romanian Jewish descent, while his mother was of Hungarian Jewish descent. After her parents divorced, she lived with her mother and her maternal grandparents. Additionally, her father was a stockbroker and market analyst in New York City.

Alan Greenspan – Educational Journey

Caption: Alan Greenspan was honored by New York University President John Sexton at the Convocation in Honor of Alan Greenspan and Gordon Brown on December 14, 2005. Source: Getty

Regarding his educational background, he graduated from high school in the year 1943 from George Washington High School. He attended this institution from 1940 to 1943 and one of his classmates at this school was John Kemeny.

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Additionally, this personality played clarinet and saxophone with Stan Getz. For his higher education, he studied clarinet at the Juilliard School. He attended this institution from 1943 to 1944. Leonard Garment was also a bandmate of the Woody Herman band.

In 1945, he joined the Stern School of Business at New York University. From there, he earned a bachelor’s degree in economics summa cum laude in 1948 and a master’s degree in economics in 1950.

He later attended Columbia University and studied advanced economic studies with Arthur Burns. However, he later retired due to increasing job demand for him at Townsend-Greenspan & Company.

Additionally, he earned his Ph.D. in economics in 1977 from New York University.

Alan Greenspan – Net worth 2023

Moving on, this economist has an estimated net worth of around 20 million US dollars.

Career and professional life

Professionally, Alan Greenspan is a popular economist. People recognize him for having served five terms as the 13th chairman of the Federal Reserve in the United States from 1987 to 2006.

He is also the owner of the company Greenspan Associates LLC, through which he works as a private advisor and provides consulting to companies.

President Ronald Reagan initially appointed him as chairman of the Federal Reserve in August 1987. For consecutive four-year intervals, he was reappointed until his retirement on January 31, 2006.

He served the second longest term in the aforementioned position. The only person who served longer than him was William McChesney Martin.

Alan Greenspan

Caption: Alan Greenspan received the Presidential Medal of Freedom from President George W. Bush in November 2005. Source: The Times

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critics

Democratic leaders in Congress criticized this personality because he politicized his position. They claim he did so because of his support for Social Security privatization and tax cuts.

Many people also argue that the federal government’s easy-money policies during its tenure were a major cause of the dot-com bubble and the subprime mortgage crisis. Easy money policies also include the practice known as Greenspan Putting.

However, he maintains that the housing bubble was not the result of low short-term interest rates. Rather, it was a global phenomenon caused by the progressive decline in long-term interest rates.

This economist also argues that it was a direct result of the “high savings rates in the developing world and their inverse relationship in the developed world.”

Alan Greenspan – Marital Status

Alan Greenspan is a married man. His wife is Andrea Mitchell and she is a famous American journalist. The two began dating in 1984.

At that time he was 58 years old, while his lover was 38 years old. Then, in 1997, the couple got married. Supreme Court Justice Ruth Bader Ginsburg did it.

Prior to this, he was married to Joan Mitchell. His first wife is a Canadian artist and the two married in 1952. However, Mitchell and Greenspan’s marriage was annulled less than a year later.

After that, he also dated Barbara Walters in the late 1970s. Barbara is a journalist.

Alan Greenspan

Caption: Alan Greenspan poured cold water on his wife during the ALS Ice Bucket Challenge in 2014. Source: Instagram

Social media

Alan Greenspan does not appear to have a personal profile on any social media platforms such as Instagram, Facebook, Twitter, Youtube, etc. However, his wife has shared some photos of him on her Instagram account @mitchellreports.

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Body measurements

Alan Greenspan has a height of approximately 5 feet 10 inches or 180 cm or 1.8 meters. Likewise, his weight is around 84 kg.

Apart from this, there is no information about other details of the economist’s body measurements such as chest, waist and hip measurements, dress size, shoe size, biceps, etc. Additionally, this personality has brown eyes and hair of the same color.

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