Andrei Shleifer is a professor of economics at Harvard University in the United States. Andrei received the yearly John Bates Clark Medal in 1999 for his seminal work in three fields: corporate finance, financial markets economics, and transition economics.

What is the Net Worth of Andrei Shleifer?

Andrei Shleifer, an economist, lives a luxury lifestyle as a professional. Andrei Shleifer’s net worth is estimated to be between 1 and 5 million dollars. His monthly salary and earnings, however, are undisclosed to the public.

Early Life and Education

Andrei Shleifer was born in Moscow, Soviet Union, Russia, on February 20, 1961. Andrei is 61 years old and of Russian-American nationality as of 2022. His race is Caucasian, and he is a devout follower of Judaism. Andrei Shleifer was born under the sign of Pisces. The professor grew up in a Jewish household. Later, he and his parents relocated to Rochester, New York. In 1976, he attended an inner-city school and was taught English via episodes of Charlie’s Angels. After that, he graduated from Harvard University with a B.A. in mathematics in 1982.

In 1986, he earned a Ph.D. in economics from the Massachusetts Institute of Technology. During his first year at Harvard, he enrolled in Math 55 with Brad Delong. However, he ultimately decided that he was not cut out to be a mathematician and went on to become an author. Professor Lawrence Summers served as his mentor while he was at Harvard. Following that, the two of them form an alliance and become co-authors, as well as grant recipients and faculty colleagues. Professor has kept a low profile when it comes to his parents and siblings.

Professional Career and Life

Shleifer began her career as a behavioral finance researcher and financial economist. In Chicago, he collaborated with ex-colleagues Kevin M. Murphy and Robert W. Vishny on articles on transition economics, political economy, and economic development. One of their works, “Industrialization and the Big Push,” was a key breakthrough in development theory, ending a “long slump.” Paul Krugman gave it his seal of approval. Rafael La Porta, Robert W. Vishny, Simeon Djankov, and Florencio Lopez de Silanes, among his coauthors, have made significant contributions to corporate governance.

His other studies began with a focus on the legal origins idea. Shleifer was also dubbed a “superb economist” who “worked in the traditional Chicago style of developing simple models, focusing on basic economic mechanisms, and thoroughly examining the evidence……the path of his research is the role of markets, governments, and institutions.” LSV Asset Management was created by Shleifer and his colleagues, who are academicians and behavioral finance experts. It was in charge of about 50 billion equities portfolios. He sold his ownership share, according to the firm’s website.

Rumors and Controversy

A Harvard project directed by Andrei Shleifer was funded by the Harvard Institute for International Development (HIID). The project was funded by the US government to help Russia’s economy grow. Anatoly Chubais hired him as a counselor. Shleifer became Russia’s vice-premier after that. Harvard, Shleifer, Shleifer’s wife Nancy Zimmerman, Shleifer’s assistant Jonathan Hay, and Hay’s wife Elizabeth Hebert were all sanctioned by the US government in 1996 for abusing their positions and buying Russian stocks and GKOs while working on the country’s privatization, potentially violating Harvard’s contract with USAID.

All allegations against Zimmerman and Hebert were dropped in 2001. Harvard, Shleifer, and the Department of Justice reached a tentative settlement in August 2005, in which the university agreed to pay $26.5 million to settle a five-year-old case. Despite the fact that Shleifer did not attempt or accept responsibility for any wrongdoing, he was forced to pay $2 million.

Body Stats and Social Media

Up to this point, Andrei Shleifer’s body measurements, including height and weight, are unknown. He has a fair complexion when it comes to his physical appearance. His hair is light ash in tone, and he has hazel eyes. Andrei Shleifer does not have any social media accounts. Some of his Instagram, Twitter, and Facebook pages, on the other hand, appear to have been created by her supporters.

Relationship Facts

• Andrei Shleifer is married to Nancy Zimmerman.
• He does not have any kids as of now.
• Andrei Shleifer is not having an affair with anyone presently.
• His sexual orientation is straight.

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