Robert Bernard Reich is the 22nd United States of America Secretary of Labor. He has served under three presidents namely Gerald Ford, Bill Clinton and Jimmy Carter. President Barack Obama appointed him to the economic transition advisory board. Robert is a political commentator, author, and a professor.
Since January 2006, he has served as the Chancellor’s Professor at University of California, Berkeley. He has also been a professor at the Harvard University. Keep reading to learn more about the net worth of Robert Reich in 2020.
Early Life & Biography
Reich was born in 1946 on June 24th in Scranton, Pennsylvania to Mildred Dorf and Edwin Reich who owned a clothing store for women. He grew up in a Jewish family, and when he was a child, he got diagnosed with a condition ‘Multiple epiphyseal dysplasias,’ which is also known as Fairbank disease. This is a bone disorder that results in short stature among other symptoms. He schooled at John Jay High School which is located in Cross River, New York and later University College, Rhodes, where he studied Philosophy, Economics, and Politics.
When it comes to the personal life of Robert, there is nothing much which is known. He met a lady by the name of Clare Dalton, who they have dated for several years. The love has grown each day, and they decided to tie the knot. They made very good preparation for their wedding, and it happened in 1973. After many years of being together, they got divorced in 2012.
Career, Awards & Nominations
Robert started his career as a law clerk to a chief judge of the United States courts from 1973 to 1976. After a certain period, he rose to the position of assistant to United States Solicitor General. From 1977, he got appointed to serve as President Jimmy Carter as director for Policy planning at the Federal Trade Commission.
From 1980 to 1992, he was teaching at Harvard University where he wrote well-known works by the name ‘The Next American Frontier.’ In 1992, he was appointed to the position of Secretary of Labor in the Clinton Administration. This has remained to be the highest achievement in his public life. He has taught Brandeis University as a professor and at one time ran for the governorship of Massachusetts, and he lost. Among his awards included Vaclav Havel Vision foundation prize.
Net Worth & Earnings
The net worth of Robert Reich’s is estimated to be over $5.5 million. The wealth has been generated from several sources including his career as a professor. It has been estimated that he earns over $2,500 an hour. Also, he has served in very many governments in various posts.
When he was serving as secretary of labour, he was paid handsomely. He has been a much-respected professor when it comes to the world of academics, and many people have been impressed by his excellent speaking skills. He has written books that have enjoyed massive sales.