Who Is George Shultz? Age, Biography and Wiki
George Shultz, born on December 13, 1920, was an influential American politician who significantly impacted U.S. foreign policy during the late 20th century. He served under Presidents Richard Nixon and Ronald Reagan, notably as Secretary of State from 1982 to 1989. His keen insights and pragmatic approaches helped navigate the complexities of the Cold War.
Shultz passed away on February 6, 2021, leaving behind a legacy that includes numerous achievements in both public service and academia. His life story, full of wisdom and dedication, continues to inspire future generations.
| Occupation | Republicans |
|---|---|
| Date of Birth | December 13, 1920 |
| Age | 100 Years |
| Birth Place | New York City, U.S. |
| Horoscope | Sagittarius |
| Country | U.S |
| Date of death | 6 February, 2021 |
| Died Place | Stanford, California, U.S. |
Popularity
George Shultz's Popularity over time
Height, Weight & Measurements
During his lifetime, George Shultz stood at an impressive height. Though exact weight data is not publicly documented, he was known for maintaining a healthy lifestyle throughout his life. Details about his precise body measurements also remain largely unrecorded. However, Shultz's focus on health and longevity is evident in his long and productive life.
U.S.–Soviet tensions were raised by the announcement in March 1983 of the Strategic Defense Initiative, and exacerbated by the Soviet shoot-down of Korean Air Lines Flight 007 near Moneron Island on September 1. Tensions reached a height with the Able Archer 83 exercises in November 1983, during which the Soviets feared a pre-emptive American attack.
Family, Dating & Relationship Status
George Shultz was married to Helena O'Brien Shultz from 1951 until her passing in 1995. He later remarried to Charlotte Maureen Shultz in 1997, who became a significant part of his life and supported his endeavors. Their partnership exemplified mutual respect and shared values, further enriching Shultz's personal narrative.
Throughout his life, Shultz prioritized family, and his relationships were foundational to his success both in politics and personal endeavors.
Shultz relied primarily on the Foreign Service to formulate and implement Reagan's foreign policy.
As reported in the State Department's official history, "by the summer of 1985, Shultz had personally selected most of the senior officials in the Department, emphasizing professional over political credentials in the process [...] The Foreign Service responded in kind by giving Shultz its 'complete support,' making him one of the most popular Secr
etaries since Dean Acheson." Shultz's success came from not only the respect he earned from the bureaucracy but the strong relationship he forged with Reagan, who trusted him completely.
Net Worth and Salary
At the time of his passing, George Shultz had an impressive estimated net worth of around $50 million. His wealth came from various sources, including his long-standing career in politics, teaching, and investments. Shultz held numerous advisory roles in the corporate world, contributing to his substantial earnings over the years.
Beginning in 2013, Shultz advocated for a revenue-neutral carbon tax as the most economically sound means of mitigating anthropogenic climate change. He was a member of the Hoover Institution, the Institute for International Economics, the Washington Institute for Near East Policy, and other groups.
He was also a prominent and hands-on board member of Theranos, which defrauded more than $700 million from its investors before it collapsed. His grandson Tyler Shultz worked at the company before becoming a whistleblower about the fraudulent technology.
Career, Business and Investments
George Shultz's career spanned multiple sectors including government, academia, and business. After serving as Secretary of State, he worked as a lecturer at Stanford University and served on various corporate boards, including the Bechtel Group. His extensive experience in foreign affairs shaped his views on global economics and diplomacy.
Shultz was also a proponent of free markets and played a significant role in shaping business strategies that bridged governmental and corporate interests.
Born in New York City, he graduated from Princeton University before serving in the United States Marine Corps during World War II. After the war, Shultz earned a PhD in industrial economics from the Massachusetts Institute of Technology (MIT).
He taught at MIT from 1948 to 1957, taking a leave of absence in 1955 to take a position on President Dwight D. Eisenhower's Council of Economic Advisers. After serving as dean of the University of Chicago Graduate School of Business, he accepted President Richard Nixon's appointment as United States Secretary of Labor.
In that position, he imposed the Philadelphia Plan on construction contractors who refused to accept black members, marking the first use of racial quotas by the federal government.
In 1970, he became the first director of the Office of Management and Budget, and he served in that position until his appointment as United States Secretary of the Treasury in 1972.
In that role, Shultz supported the Nixon shock, which sought to revive the ailing economy in part by abolishing the gold standard, and presided over the end of the Bretton Woods system.
Social Network
Although George Shultz is no longer with us, his influence remains present in various social networks and online platforms. His insights and speeches continue to circulate in political and economic discussions. His contributions to different fields are often shared and remembered on platforms like LinkedIn, and his quotes can be found across multiple social media channels dedicated to leadership and diplomacy.
In a 2008 interview with Charlie Rose, Shultz spoke out against the U.S. embargo against Cuba, saying that U.S. sanctions against the island country were "ridiculous" in the post-Soviet world and that U.S. engagement with Cuba was a better strategy.
Education
Shultz held a Bachelor of Arts degree from Princeton University, followed by a Master’s in Economics from the Massachusetts Institute of Technology (MIT). His educational background was instrumental in shaping his analytical acumen and understanding of complex international issues, making him a revered figure in the political arena.
After attending the local public school, he transferred to the Englewood School for Boys (now Dwight-Englewood School), through his second year of high school. In 1938, Shultz graduated from the private preparatory boarding high school Loomis Chaffee School in Windsor, Connecticut.
He earned a bachelor's degree, cum laude, at Princeton University, New Jersey, in economics with a minor in public and international affairs. His senior thesis, "The Agricultural Program of the Tennessee Valley Authority", examined the Tennessee Valley Authority's effect on local agriculture, for which he conducted on-site research.
He graduated with honors in 1942.
