Steven Levitt is not only an influential economist but also a globally recognized author, especially famous for co-authoring Freakonomics.
His groundbreaking research, engaging books, and tenure at the University of Chicago have contributed to his financial success.
But how did his work shape his wealth? Join WorldofCeos as we explore Steven Levitt net worth, career highlights, and financial milestones.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Steven David Levitt |
| Popular Name | Steven Levitt |
| Gender | Male |
| Birth Date | May 29, 1967 |
| Age | 57 years old |
| Parents | N/A |
| Siblings | N/A |
| Birthplace | New Orleans, Louisiana |
| Nationality | American |
| Ethnicity | Caucasian |
| Education | Harvard University, MIT |
| Marital Status | Married |
| Spouse | N/A |
| Children | 7 |
| Dating | N/A |
| Net Worth | $10 million |
| Source of Wealth | Books, Teaching, Consulting |
| Height | N/A |
What is the Net Worth of Steven Levitt in 2024?
Steven Levitt’s net worth is estimated to be $10 million as of 2024. This figure places him among prominent figures in the fields of economics and authorship.
His financial success is largely attributed to the massive popularity of his books, including Freakonomics.
In comparison to other authors and economists, Levitt holds a notable position for his contributions to the field.
Related Individuals:
- Stephen J. Dubner
- Malcolm Gladwell
- Paul Krugman
- Daron Acemoglu
- Greg Mankiw
- Tim Harford
- Daniel Kahneman
- Nassim Nicholas Taleb
- Sudhir Venkatesh
- Ian Ayres
For more insights on successful authors, visit richest authors.
Steven Levitt Wealth, Salary, and Finance Overview
How Steven Levitt Built His Wealth
Steven Levitt’s career began with a solid academic foundation, earning a degree from Harvard University and a PhD in economics from MIT.
His academic achievements laid the groundwork for his wealth, but his financial breakthrough came with the publication of Freakonomics in 2005.
The book’s success turned Levitt into a household name, bringing in substantial royalty income and opening the door to speaking engagements and consulting opportunities.
Levitt didn’t stop there. He co-authored other books like SuperFreakonomics and Think Like a Freak, which solidified his reputation and added to his earnings.
He also founded the TGG Group in 2009, leveraging his expertise to provide consulting services to corporations and philanthropies, which diversified his income.
His Academic Contributions and Financial Impact
As the William B. Ogden Distinguished Service Professor at the University of Chicago, Levitt has earned a steady income through teaching and research.
His association with the University’s Becker Center on Chicago Price Theory further elevated his stature, contributing to his professional and financial success.
Awards and Recognitions Enhancing His Value
In 2003, Levitt won the prestigious John Bates Clark Medal, an accolade that underscored his influence in economics. This recognition significantly enhanced his earning potential.
Levitt’s inclusion in Time magazine’s 100 People Who Shape Our World in 2006 further boosted his public profile, leading to lucrative opportunities in public speaking and consulting.
The Role of Books in Shaping His Earnings
Levitt’s books, including Freakonomics and its sequels, have sold millions of copies worldwide.
These publications not only earned him direct royalties but also established him as a thought leader in behavioral and crime economics, increasing demand for his expertise across various industries.
Speaking Engagements and Consulting
Levitt’s work has made him a sought-after speaker at conferences and corporate events.
His insights into economic trends, especially the controversial link between legalized abortion and crime rates, have fueled high-profile appearances.
Consulting work through TGG Group added another dimension to his wealth, offering solutions to businesses based on his innovative research methods.
FAQs About Steven Levitt
What is Steven Levitt’s educational background?
Steven Levitt graduated from Harvard University with a BA in economics and earned a PhD in economics from MIT.
What are his most famous works?
His most famous work is Freakonomics, co-authored with Stephen J. Dubner. He also co-wrote SuperFreakonomics and Think Like a Freak.
What awards has he won?
Levitt won the John Bates Clark Medal in 2003 and was listed in Time magazine’s “100 People Who Shape Our World” in 2006.
What areas of economics does Steven Levitt specialize in?
Levitt focuses on crime economics, behavioral economics, and public policy analysis.
How has he contributed to the field of economics?
Through groundbreaking research, controversial theories, and popular books, Levitt has provided unique insights into economic behaviors and societal trends.
Where does he work?
He is a professor at the University of Chicago and serves as the director of the Becker Center on Chicago Price Theory.
What consulting work has Steven Levitt done?
Levitt co-founded the TGG Group, offering consultancy services to corporations and philanthropic organizations.
How successful is Freakonomics?
Freakonomics is a global bestseller that has sold millions of copies and led to a podcast and media adaptations.
Conclusion
Steven Levitt’s career is a testament to the power of innovative thinking in shaping both personal success and public influence.
From academic achievements to bestselling books, his journey showcases how economics can captivate and inspire. Share your thoughts or explore more about celebrity net worth at worldofceos.com.
