William Vickrey Net Worth

6 months ago

William Vickrey was a Nobel Prize-winning economist who was born in Victoria, British Columbia, Canada in 1914. He was deeply affected by the Armenian holocaust and dedicated his life to helping others, foregoing materialistic comforts and credit for himself. He was educated at Yale and Columbia University, where he spent his entire career teaching. His Nobel Prize win was more of a validation of his ideas than a reward for himself, as many of his proposals were rejected due to political considerations. His works had a profound influence on other economists, with the modern theory of auction being based on his 1961 seminal work. He was a prolific writer, leaving behind 8 books, 140 published articles, 27 reviews and 61 unpublished articles and notes.
William Vickrey is a member of Intellectuals & Academics

Age, Biography and Wiki

Who is it?	Nobel Prize Winner in Economics
Birth Day	June 21, 1914
Birth Place	Victoria, British Columbia, Canada, United States
Age	106 YEARS OLD
Died On	11 October 1996(1996-10-11) (aged 82)\nHarrison, New York, USA
Birth Sign	Cancer
Institution	Columbia University
Field	Public economics
School or tradition	Post Keynesian economics
Alma mater	Columbia University Yale University
Doctoral advisor	Carl Shoup Robert M. Haig
Doctoral students	David Colander Jacques Drèze
Influences	Henry George Harold Hotelling John Maynard Keynes
Contributions	Vickrey auction Revenue equivalence theorem Congestion pricing
Awards	Nobel Memorial Prize in Economics (1996)

💰 Net worth

William Vickrey was an esteemed economist and Nobel Prize winner in the United States. Even though he made significant contributions to the field, his net worth was estimated to be between $100K and $1M in 2024. Despite the potentially modest figure, it is important to note that an individual's net worth cannot encompass the true value of their intellectual accomplishments and societal impact. Vickrey's groundbreaking research and influential contributions to economic theory have left an indelible mark on the field, as well as solidified his status as a highly regarded economist.

Biography/Timeline

1935

Vickrey was born in Victoria, British Columbia and attended high school at Phillips Academy in Andover, Massachusetts. After obtaining his B.S. in Mathematics at Yale University in 1935, he went on to complete his M.A. in 1937 and Ph.D. in 1948 at Columbia University, where he remained for most of his career.

1951

Vickrey married to Cecile Thompson in 1951. He was a Quaker and a member of Scarsdale Friends Meeting. He died in Harrison, New York in 1996 from heart failure.

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Tags 1914 births 1996 deaths American economists Georgist economists American Quakers American Protestants Canadian economists Canadian emigrants to the United States Nobel laureates in Economics Columbia University faculty Columbia University alumni Yale University alumni People from Victoria, British Columbia Canadian Nobel laureates People from Hastings-on-Hudson, New York Guggenheim Fellows 20th-century economists Fellows of the Econometric Society Presidents of the American Economic Association Distinguished Fellows of the American Economic Association