Kevin Warsh’s net worth: The Trump Fed nominee’s wealth & income

Core Viewpoint - President Donald Trump has nominated Kevin Warsh to succeed Jerome Powell as Chairman of the Federal Reserve, pending Senate confirmation, with Warsh expected to bring significant experience and wealth to the role [1][2]. Group 1: Nomination and Role - If confirmed, Warsh will serve a four-year term starting in May, leading the Federal Open Market Committee to set interest rates aimed at balancing inflation and employment [2]. - Warsh previously served on the Federal Reserve's Board of Governors from 2006 to 2011, a period marked by the 2008 financial crisis [3]. Group 2: Financial Background - Estimates of Warsh's net worth vary, with figures ranging from approximately $7 million to $9.12 million, while Celebrity Net Worth lists it at $2.7 billion, likely including his wife's wealth [4][5]. - His wife, Jane Lauder, is an heiress to the Estée Lauder fortune, with a net worth of $2.4 billion as of early 2026 [5]. Group 3: Compensation - As Chairman of the Board of Governors of the Federal Reserve, Warsh's annual salary will be $250,600, consistent with other Level I Executive Schedule positions [6]. Group 4: Personal Background - Kevin Warsh was born in 1970 in Albany, New York, and attended Stanford University for his undergraduate degree before graduating cum laude from Harvard Law in 1995 [7]. - He began his career in corporate finance at Morgan Stanley, focusing on mergers and acquisitions, before serving in a White House role during the Bush administration [8].