Who Is Milton Friedman? Age, Biography and Wiki
Milton Friedman was born on July 31, 1912, in Brooklyn, New York. He was a renowned economist and a recipient of the Nobel Prize in Economic Sciences in 1976. His work in economic theory and policy has greatly influenced modern economic thought. By 2025, Friedman would have celebrated his 113th birthday, making his intellectual contributions even more significant in the context of contemporary economic discussions, particularly regarding free-market capitalism.
| Occupation | Economist |
|---|---|
| Date of Birth | July 31, 1912 |
| Age | 94 Years |
| Birth Place | New York City, U.S. |
| Horoscope | Leo |
| Country | U.S |
| Date of death | 16 November, 2006 |
| Died Place | San Francisco, California, U.S. |
Popularity
Milton Friedman's Popularity over time
Height, Weight & Measurements
While specific details about Milton Friedman’s physical stature are not widely known, it is acknowledged that he maintained an active lifestyle throughout his later years. His intellectual sharpness, rather than physical stature, has always been the focal point of his public persona.
Family, Dating & Relationship Status
Milton Friedman was married to Rose Director in 1938, and their partnership remained strong until her passing in 2008. The couple had two children, which adds to the legacy Friedman leaves behind. In 2025, his romantic life remains a topic of discussion among biographers, yet it is well-documented that he valued his marriage and family dearly.
Net Worth and Salary
At the height of his career, Friedman became a wealthy figure due to his successful career in academia, public speaking, and consulting. While exact figures regarding his net worth in 2025 can only be speculated upon posthumously, estimations suggest that he had accumulated significant wealth through book sales, lectures, and advisory positions throughout the latter half of the 20th century.
Career, Business and Investments
Friedman’s career spanned decades. He made notable contributions to economic theory, especially in the fields of consumption analysis, monetary history and theory, and the role of government in a free market. His books, such as "Capitalism and Freedom" and "Free to Choose," solidified his reputation as a leading economist. As a significant public intellectual, he also advocated for various policies, including school voucher programs and flexible exchange rates. In addition, Friedman co-founded the Friedman Foundation for Educational Choice, contributing to educational reforms.
Social Network
Milton Friedman was an active participant in various social and intellectual networks. He was associated with several organizations, including the Mont Pelerin Society and the Cato Institute. Although Friedman's social media presence was non-existent during his lifetime, in today's era, his ideas and legacies live on through numerous online platforms, publications, and forums dedicated to economic discussions.
Education
Friedman received his Bachelor of Arts degree from the University of Brooklyn in 1932 and his Master’s degree in Economics from Columbia University in 1933. He further pursued his PhD in Economics, where he focused on the theory of consumption. His education laid the groundwork for his extensive and impactful career in economics.
