George Shultz Net Worth
George Shultz Net Worth
The world-renowned American economist and entrepreneur George Shultz has earned a lot in his life. His name is not only known because of his illustrious career and his great accomplishments, but also because of his contribution to the world of public policy. Whether it is a simple tax on carbon, or developing a sensible energy policy, he has been active in the battle against climate change.
In addition to his contributions to the public sphere, George Shultz is a recipient of numerous awards. He has received the Honorary Officer of the Order of Australia, the Presidential Medal of Freedom, and the Honorary Silver Medal of Jan Masaryk. He has also been awarded the honorary title of Honorary Reagan Fellow by Eureka College.
Before he joined the United States Navy, George Shultz was a member of the United States Marine Corps and was stationed in the Pacific theater during the Second World War. Later, he attended Princeton University and obtained a degree in economics. At the age of 25, he began a career in the business sector. After earning his PhD in industrial economics, he was invited to teach at the Massachusetts Institute of Technology.
Upon completing his education, he became a part of the Council of Economic Advisers under President Eisenhower. During this time, he was also the dean of the Graduate School of Business at the University of Chicago. Eventually, he became an executive of the Bechtel Corporation in San Francisco.
He was also a member of the United States government’s Global Commission on Drug Policy. Additionally, he was an informal adviser to the president, George W. Bush. While in Washington, DC, he was also involved in the development of the Bush Doctrine of preemptive war. This plan allowed the president to wage a war without going to Congress, thereby eliminating the need for a declaration of war.
After his retirement from the government, he returned to the private sector. His interests included international trade, nuclear disarmament, and climate change. He became a leading advocate of a revenue-neutral carbon tax, the most efficient means of addressing global warming.
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Notable events that occurred in the lifetime of George Shultz include his marriage to Helena Maria O’Brien. They had five children together. Their daughter Charlotte Mailliard Shultz is an American heiress. She is also a philanthropist and socialite.
A few years ago, Elizabeth Holmes was reputed to be the world’s richest woman. Her net worth was estimated to be $20 million. However, this figure was later revised down to zero. Nevertheless, she is one of the most recognizable figures in the industry. Fortunately, the media has now discovered her.
Other noteworthy individuals are former United States secretary of labor and politician, George P. Shultz, and former American politician and economist, Ronald D. Shults. Although Shultz is considered a statesman, he is best known for his achievements as an entrepreneur.
George Shultz’s net worth is estimated to be around $20 million. Of course, most of this money is coming from his acting career. Despite his accomplishments, he still believes that helping others is the best way to make the world a better place.
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