Former Federal Reserve Chairman Alan Greenspan, a celebrated economist and maestro of the US economy, has passed away at 100 years old. His wife, Andrea Mitchell, confirmed his demise, stating that he died from complications of Parkinson's Disease.
Greenspan held the position of Fed chairman for five terms under four different presidents, beginning with Ronald Reagan in 1987. His tenure under George W. Bush concluded in 2006, making his 18.5 years in the role the second longest in the history of the nation's central bank.
Greenspan's legacy is marked by both praise and criticism. He was credited with steering a thriving economy, but also faced criticism for his role in the housing collapse and financial crisis that followed his departure from office.
Greenspan's net worth was estimated to be $20 million, according to Celebrity Net Worth. He received an annual salary of $180,000 as Chair of the Federal Reserve from 1987 to 2006.
