Ranked among the world's wealthiest people, Jane Lauder is one of the heiresses of Estee Lauder Companies. Together with her sister, Aerin Lauder Zinterhofer, she owns millions of shares in her family company. Jane is prospering not only career-wise but has also found the love of her life, Kevin Warsh.
What's more, Kevin stands out on his own with his years of expertise in the financial and economic sectors. He has done numerous research in the mentioned fields and served as an advisor for many public and private firms. Are you interested yet? If you are, then let's take a look at Jane Lauder's husband's biography.
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Is A Stanford Grad
The economist was born Kevin Maxwell Warsh on April 13, 1970, in Albany, New York, USA. He is the youngest of three children of his parents. Unfortunately, Kevin Warsh's father, Robert Warsh, and mother, Judith Warsh, have remained out of the spotlight as much as possible.
Growing up in Loudonville, Kevin attended Shaker High School. He later enrolled at Stanford University and received his bachelor's degree, studying public policy with an emphasis on statistics and economics. Also, in his senior year, he was the chair of the ASSU. Then, Jane Lauder's husband went on to earn Juris Doctorate from Harvard Law School in 1995.
Joined The Federal Reserve Board Of Governors
While many might recognize Kevin as Jane's spouse, there are also several people whose first memory of the guy must be as the youngest appointment in the Federal Reserve's history. He was appointed by none other than former US President George W. Bush in 2006.
The young man received some criticism due to his age and inexperience. But, he proved his worth during the 2007-08 financial crisis. Utilizing his knowledge of Washington and his background on Wall Street, he worked closely with Ben Bernanke in formulating the Fed's response which consisted of new programs to regulate lending flow.
The then-federal reserve board member helped arrange JP Morgan's takeover of Bear Stearns, was involved in negotiations over Lehman Brothers, and played a significant role in navigating the financial market turmoil. Though he is no longer on the board, Warsh doesn't hesitate to express his opinions regarding Fed matters.
Following his departure from FRB, Kevin has been involved in several sectors, which we shall discuss in the following sub-heading.
Kevin Warsh Net Worth And Career
Many might already know that the Lauder family is one of the richest American families. With a fortune worth $40 billion, their wealth primarily comes from Estee Lauder Companies, Inc. Jane is actively working in the family firm and has prospered financially too. So, what about her spouse; how much has he accumulated money-wise?
After earning his JD, Kevin joined Morgan Stanley & Co and advanced to vice president and executive director. Then, between 2002 and 2006, he was a special assistant to the President for economic policy. The Stanford grad was also the White House National Economic Council's executive secretary during that period. Eventually, he was named to the Federal Reserve Board of Governors on 24th February 2006.
Jane Lauder's husband resigned from his position in March 2011. He then joined the UPS Board of Directors the following year and is now serving on the Nominating and Corporate Governance and Compensation and Human Capital committees. Aside from that, he is the Shepard Family Distinguished Visiting Fellow in Economics at Stanford's Hoover Institution.
Mr. Warsh is on the board of Coupang, one of the leading South Korean e-commerce companies. Also, he is one of the Group of Thirty's members and sits on the panel of the Congressional Budget Office's economic advisers. As per Forbes, the Federal Reserve Board members were making $183,100 as of 2021. Likewise, Kevin Warsh's salary from the Fed must have also been significant.
The economist must also receive good pay from his current workplaces. Hence, Kevin Warsh's net worth must be notable. On the other hand, his wife, Jane's fortune is worth $4.4 billion as of October 2022.
Happily Married; Any Kids Yet?
Well, the former Fed governor has achieved quite a success career-wise, and his marital life is also going strong. He met his partner Jane while studying at Stanford. The couple led a very private courtship and refrained from sharing much about their relationship from the beginning.
The duo got married in 2002 and has now enjoyed two decades of marital bliss. But, alas, due to the pair's secretive nature, they haven't disclosed much about their marital life. What's more, both have little to no social media presence, making it hard for fans to connect with them.
Kevin Warsh got married to his spouse in the early '00s. Photo Source: Social Media.
Kevin Warsh's wife, Jane, has devoted herself to the family business since 1996. As you know, with fame comes the invasion of privacy from the media. So, the Warsh-Lauder couple's decision to maintain a low profile can be understood. Furthermore, they haven't disclosed whether they share any kids.
While her sister, Aerin, has welcomed two little ones with her husband, Eric Zinterhofer, the information regarding Jane Lauder's children is null. So, does she and her hubby, Kevin, not have any babies? We wouldn't know unless the parties mentioned reveal otherwise.
All in all, Kevin is a lucky guy with a gorgeous wife and a successful professional career. He must be living comfortably with his partner. Hopefully, his marital harmony with Jane continues in the days ahead.
Trivia And Facts
- Kevin is a lecturer at Stanford's Graduate School of Business.
- During his time at FRB, he also worked as the Fed's representative to the Group of Twenty.
- He is an advisor to the Duquesne Family office.