Distinguished economist Minouche Shafik, who is listed on Forbes’ “100 Most Powerful Women” list, has accumulated a considerable net worth throughout her over thirty-year career in the financial management industry.
Baroness Nemat Talaat Shafik, mostly known as Minouche Shafik, has a career that spans from being a researcher at the World Bank to being the president of Columbia University, the oldest institution of higher education in New York.
She became the 20th president of the Colombian University on July 1, 2023.
Throughout her long career in various fields, including national development, central banking, and writing, Minouche Shafik has built a strong career and a net worth.
Minouche Shafik is a powerful woman whose net worth shows no sign of stopping
Minouche Shafik is becoming the most powerful woman in Britain as she outranks famous personalities such as Theresa May, J.K. Rowling, and Kate Middleton by ranking higher than them on the 2015 Forbes Middle East magazine’s annual power women’s list.
The 61-year-old Minouche Shafik assumedly holds between $400 million to $500 million net worth in 2024.
However, it is only based on people’s speculations, as Minouche Shafik has not revealed her exact net worth valuation to the public.
In 2022, The Guardian reported that Finance European Industry Leaders Award-winning Minouche Shafik used to receive a basic salary of around £348,000, plus pension and accommodation allowance.
Similarly, in the same year, The Guardian also stated that during her tenure at the World Bank as the youngest-ever Vice President, she wanted a job that paid her $340,000–345,000 in 2012–13.
Further, Minouche, the mother of five children (two biological and three stepchildren) with her husband, Raffael Jovine, also stated that she wanted to be able to do that job with her eyes closed in that amount of payment.
If Minouche Shafik had earned around $350,000 per year in 2012-2013, her salary would have risen in 2024 after she became the vice president of Colombian University. As her net worth rises annually, she probably earns between $450,000 and $500,000 in basic salary annually.
Moreover, she has also earned a lot of money as an author through her books, such as What We Owe Each Other: A New Social Contract, Economic Growth and Environmental Quality, Infrastructure Services in Developing Countries, and more.
Key Takeaways
- As Minouche Shafik is Arabic, she grew up following the Muslim religion, like her parents.
- Minouche Shafik has educated parents, whereas his father is a scientist who used to work in the United States.
- Minouche Shafik is Egyptian, American, and British in nationality. However, she was born in Alexandria, Egypt.
