The academic sector doesn’t get enough appreciation as it deserves, but it contributes big time to global welfare. Paul Krugman is someone who belongs to the same category as he dedicated his entire career as an American economist and a distinguished professor at the Graduate Center of the City University of New York. If that wasn’t enough, the 67-year-old also contributes as a columnist for The New York Times and shares his expertise to the mass public. The 67-year-old’s introduction would be incomplete without mentioning how he is the 2008 Nobel Memorial Prize in Economic Sciences winner, which is quite an incredible feat. So, stay with us to know more about Paul Krugman, his net worth, career, and personal life.
Paul Krugman’s Whopping Net Worth From A Successful Career
Talking about finances, Paul Krugman has nothing worry about considering his diverse career success. Specifically, he amasses a massive net worth of $1 million as of July 2020, which is more than enough for him to live a lavish lifestyle. The primary source of his enormous net worth is his career as an economist and a professor at a University. Previously, he was a economics professor at MIT and Princeton University. Besides, he is also the Centenary Professor at the London School of Economics and was President of the Eastern Economic Association in 2010.
Krugman is also a columnist at The New York Times where he expresses his opinions on several political and economic issues. In addition to that, he is also the author or editor of 27 books, including scholarly works and textbooks. In his academic career, the 67-year-old work on several concepts like new trade theory, economic geography, international finances, and agglomeration and economies of scale.
Krugman served as the columnist and a political commentator for many years. During the mid-1980s, he wrote for Fortune, Slate, The Harvard Business Review, and Foreign Policy.
Paul Krugman’s Married Life and Divorce
While Paul Krugman is vocal about his professional endeavours, he remains quite lowkey about his romantic life. Surprisingly, he has been married twice as his first marriage ended with a divorce. Previously, he tied the knot with designer Robin L. Bergman.
While his first marriage couldn’t be sustained, he found his second wife in Robin Wells. Surprisingly, his wife is also an academic economist who received her BA from the University of Chicago and her PhD from the University of California, Berkeley. In fact, the pair worked together on several economic textbooks. Although there were rumours in 2007, on how Pauk’s son was working for Hillary Clinton’s campaign, he denied all the stories and revealed how he and his wife have no children.
Paul Krugman’s Early Life
Economist Paul Krugman was born in Albany, New York on February 28, 1953. In fact, he was the son of mother Anita Krugman and father David Krugman in a Russian Jewish family. He grew up in Merrick, a hamlet in Nassau County.
As per his education, Krugman went to John F. Kennedy High School in Bellmore. Interestingly, his interest in economics began when he read Isaac Asimov’s Foundation novels. Later, he earned his BA summa cum laude in economics from Yale University in 1974. Similarly, he didn’t prefer to stop just there as he pursued a PhD in economics from the Massachusetts Institute of Technology.
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