Janet Yellen arrested news has been making headlines for the past few days, and everyone wants to know the truth. Find out more details about her detention and net worth here.
Janet Yellen is a well-known American economist working as the 78th United States Secretary of the Treasury. She has been taking the role since January 26, 2021.
Before that, she also served as the 15th chair of the Federal Reserve. In the past, Yellen has taken multiple roles, and her work has helped her gain name and fame.
Further, Janet was a Member of the Federal Reserve Board of Governors between October 4, 2010, and February 3, 2018. Also, she was the 18th Chair of the Council of Economic Advisers.
Is Janet Yellen Arrested For Treason?
Janet Yellen’s name is making headlines on the internet after the news of her detention was posted. Many sources on the internet have claimed that Yellen was arrested recently.
According to Real Raw News, Yellen and an unnamed associate were arrested outside the Merriweather Lakehouse Hotel in Baltimore at around 9:30 p.m. on Tuesday.
Reportedly, Janet was presented with a military arrest warrant accusing her of treason and defrauding the United States. Afterward, she was taken to a processing center for questioning.
It was reported that Janet appeared surprised by the news and didn’t try to escape or resist. The associate, who was identified as Yellen’s chauffeur and bodyguard, was arrested as an accomplice to Yellen’s crimes.
As of now, further details regarding Yellen’s arrest and case updates have not been provided, but the media outlets will give more news in the future.
Janet Yellen Net Worth Is $20 Million
Janet Yellen has earned a massive amount of money from her profession, and Forbes has estimated her net worth to be at least $20 million.
Her net worth is primarily the result of her extensive career as an economist spanning several decades. Currently, she is serving as the Secretary of the Treasury and must be earning good cash.
Furthermore, Yellen worked as the Chair of the Federal Reserve from 2014 to 2018, making Yellen one of the most powerful figures in the U.S. economy during that time.
In addition to her role at the Federal Reserve, she has held various other important positions in academia and government. So, from her various works, Janet must have preserved a huge fortune.
How Much Is Janet Yellen Salary?
Janet Yellen serves as the 78th United States Secretary of the Treasury. So, from her role, she must be receiving a fair salary, but the actual amount is not accessible in the public domain.
The estimated total pay for a Secretary at the U.S. Department of Treasury is $54,175 per year. So, Janet must be earning in the same range as her position.
Some sources say that Janet’s salary was $221,400 per year in the year 2021. In 2019, Yellen earned approximately $5 million from speaking engagements, as reported in her financial disclosure to federal ethics authorities.
Before becoming Treasury Secretary, a financial report revealed that Yellen and her husband, Nobel Prize-winning economist George Akerlof, had assets ranging from $8 million to $20 million.