Austan Goolsbee - Famous Professor

Austan Goolsbee Net Worth


Austan Goolsbee, the famous American economist and former Chair of the Council of Economic Advisors under President Barack Obama, has a net worth of $5 million. Known for his expertise in economics, Goolsbee played a significant role in shaping economic policies during the Obama administration.

Key facts:

  • Austan Goolsbee is an American economist.
  • He served as Barack Obama's Chair of the Council of Economic Advisors.
  • Goolsbee was the youngest member ever appointed to the cabinet by President Barack Obama.
  • He is currently the Robert P. Gwinn Economics Professor at the University of Chicago Booth School of Business.
  • Goolsbee is known for his expertise in economics and his teaching career at various prestigious institutions.

Basic Information About Austan Goolsbee

ProfessionsEconomist, Professor
Net worth$5,000,000
Date of birth1969-08-18 (54 years old)
Place of birthWaco
NationalityUnited States of America
Social Mediaβ†—οΈŽ Wikipedia

Famous Network of Politicians with Similar Net Worth

Austan Goolsbee: A Brilliant Economist and Accomplished Advisor

Austan Goolsbee is a renowned American economist whose expertise has garnered him a net worth of $5 million. Born on August 18, 1969, in the vibrant city of Waco, Texas, Goolsbee spent his formative years in Whittier, California. He gained fame primarily for his role as Barack Obama’s Chair of the Council of Economic Advisors. Notably, he became the youngest member ever appointed to the cabinet of President Barack Obama.

What is Austan Goolsbee known for?

Austan Goolsbee is best known for his invaluable contributions as the Chair of the Council of Economic Advisors under President Barack Obama’s administration. In this role, he played a significant part in shaping national economic policy and providing crucial advice on important financial decisions. Goolsbee’s deep knowledge and expertise in economics allowed him to effectively influence economic policy during a critical time in American history.

Early life and education

Born and raised in Texas and California, Goolsbee’s passion for economics began to take shape at an early age. After completing his high school education at Milton Academy, he pursued an undergraduate degree at prestigious Yale University. There, he furthered his understanding of economics and graduated with a Bachelor of Arts (B.A.) degree and a Master of Arts (M.A.) degree in Economics.

Goolsbee’s pursuit of knowledge did not stop there. He went on to obtain his Ph.D. in Economics from the renowned Massachusetts Institute of Technology (MIT). This rigorous academic journey prepared Goolsbee for the impactful career he would soon embark upon as a respected economist and advisor.


Following the completion of his academic pursuits, Austan Goolsbee began making significant strides in the field of economics. His expertise earned him prestigious positions such as being named an Alfred P. Sloan Fellow from 200 to 2002 and a Fulbright Scholar from 2006 to 2007.

Goolsbee’s career reached new heights when he joined the Council of Economic Advisors during Barack Obama’s 2004 Senate race, serving as an advisor and showcasing his deep understanding of economic policy. Recognizing his potential, Obama chose Goolsbee as his senior economic advisor during the 2008 Presidential election.

In September 201, Goolsbee assumed the role of Chairman of the Council of Economic Advisors, succeeding Christina Romer. His invaluable contributions further solidified his reputation as a trusted economic advisor.

After serving in the Obama administration, Goolsbee returned to his teaching career at the University of Chicago Booth School of Business, where he is currently the distinguished Robert P. Gwinn Economics Professor. At the university, he continues to share his wealth of knowledge and shape the minds of future economists.

Aside from his accolades and achievements, Goolsbee is known for his sense of humor. During his time in Washington, he gained a reputation as an adept practical joker, even earning the title of “Funniest Celebrity in Washington.” His ability to bring levity to serious settings only amplifies his likability and charisma.


Austan Goolsbee’s achievements extend beyond his role as an economic advisor. Throughout his career, he has received recognition for his exceptional contributions to the field of economics. His passion and expertise have allowed him to amass significant wealth, reaching a net worth of $5 million.

Goolsbee’s ability to navigate the complexities of economic policy and provide top-notch counsel to influential figures speaks volumes about his expertise and dedication. He has certainly left an indelible mark on the economic landscape, both as an authoritative voice and an exemplary educator.

Austan Goolsbee’s storied career stands as a testament to his profound impact on American economic policy and his dedication to shaping future generations through education. With a wealth of knowledge and a refreshing sense of humor, he continues to inspire and captivate audiences around the world.

Austan Goolsbee Famous Network

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