Larry Summers

Lawrence Henry Summers is a top-class US economist. He has worked as the chief of many economic departments in the US and United nations throughout his life. He was the president of Harvard University too.

To know more about Lawrence’s personal life, professional life, net worth, and other details, keep reading this article till the end. Somewhere the details of Lawrence Summers will motivate you. So without any delay, let’s start.

Well, how well do you know about Lawrence Summers? If not much, we have compiled all you need to know about Lawrence Summers’s net worth in 2021, his age, height, weight, wife, kids, biography and complete details about his life. Well, if you’re all set, here is what we know about Lawrence Summers to date.

Biography and Early Life

Lawrence Henry Summers was born on 30 November 1954 in New Haven, Connecticut, US. His father’s name was Robert Summers, and his mother’s name was Anita Summers; both were outstanding economists. His parents worked as a professor at Pennsylvania University, US. Sibling of his father named Paul Samuelson and his mother named Kenneth Arrow were Nobel laureates in economics. Henry’s family was wholly dedicated to the field of economics.

From his early days, he used to see his parents and relatives working in economics, which was a source of motivation for him. He developed an interest in the economic field from his early days. His family has got a reputation in society and the country.

Age, Height, Weight & Body Measurement

So, how old is Lawrence Summers in 2021 and what is his height and weight? Well, Lawrence Summers’s age is 66 years old as of today’s date 2nd August 2021 having been born on 30 November 1954. Though, he is 5′ 9″ in feet and inches and 179 cm in Centimetres tall, he weighs about 176lbs in Pound and 80kg in Kilograms.

Education

He started his educational career at Harriton High School. It is a fact that he was a brilliant student in his class. Larry saw his interest in economics from the early days. Later he was graduated from the Massachusetts Institute of Technology and completed his Ph.D. in the year 1982. He has done several exciting courses in Economy from the top universities all around the globe.

Personal Life: Dating, Girlfriends, Wife, Kids

In the year 1984, Summers married Victoria Perry. They got twin daughters named Pamela and Ruth. Larry was happy by their birth. He leads a happy family life till the year 2003 when they have divorced each other. Those twin children were grown up and settled by themselves. Summers was in love with Elisha New, and they married in the year 2005. Together Elisha New and Larry Summers had a baby boy whom they named Harry. Larry is living with Elisha happily in Brookline, Massachusetts.

Larry has been through many difficult stages in his life. While doing his Ph.D., doctors found larry to have Hodgkin’s lymphoma. He came out of this disease after much precautions and treatment. Later, Larry was detected to have cancer, with treatment from the best doctors in the US; Larry Summers fought with cancer and led a healthy life as of today.

Is Lawrence Summers Gay?

We can not determine Larry as gay. He was married to Victoria in the year 1984 and had got two twin babies. And after divorce from Victoria, he married Elisha New and got another child. So, for the above reasons, we can not declare Summers to be gay. He is a male, not gay. He is straight.

Professional Career

Larry Summers started his career as Professor in Economics. His first joining was at Harvard University as a professor in the year 1983. Larry received a great offer from World Bank in 1991, which forced him to leave Harvard University. He worked as the Chief Economist in World Bank from the year 1991 to the year 1993. This post made him effectively learning several things and boosted his career.

He resigned from World Bank in the year 1993 and joined as Undersecretary for International Affairs of the US Treasury in the Clinton administration. Summers played a significant role in the complete Clinton administration. In the year 1995, Summers was promoted as Deputy Secretary from the US Treasury department’s post of Undersecretary. At last, in 1999, he was placed as the Secretary for the US Treasury department.

We can see Larry summers’ crucial role during a significant economic crisis worldwide, like Mexico’s economic crisis in the year 1994, the Russian financial crisis in the mid-90s, and the Asian financial crisis in the year 1997. All persons appreciated his role. Clinton’s administration played Summers in a top place. He worked as a Financial speaker for many organizations too. From January 2009 to November 2010, he served as the Director of the White House US National Economic Council in Obama’s administration.

Awards

Summers have great experience in public finance, microeconomics, financial economics, macroeconomics, and labor economics. In the year 1993, Summers was awarded the John Bates Clark Medal from the US Economic Association, and this was the first major award in his career. He also received the Alan T. Waterman Award in the year 1987 from National Science Foundation. He was also a member of the National Academy of Sciences.

Net Worth, Salary & Earnings of Lawrence Summers in 2021

As of 2021, He has a huge net worth which is around $45 million. Most of his money comes from the US government. He also adds some bucks by his guest lectures and appearances in many economic organizations and colleges worldwide. He was in the prestigious position as the president of Harvard University from the year 2001 to 2006. He keeps visits to Citigroup, Goldman Sachs, Merrill Lynch, and Lehman Brothers, adding his net worth.

Some Interesting Facts You Need To Know

His family is wholly related to the Economy. His father, mother, Father’s sibling, and mother’s sibling were great economists. From Larry Summers’s childhood, he wanted to study economics, and yes, he succeeds in his life. We can never find any mistake from Larry in his entire career, declaring him to be one of the world’s best economists.

Larry Summers has dedicated his life to the US administration, which made him gain name and fame. He served in many vital positions all his life till the present. We can see his presence in many crucial economic times in the US as well in many countries of the world. He also served as the chief of the World Bank. He dedicated many years to Harvard University too.