Who Is Richard D. Wolff? Age, Biography, and Wiki
Richard D. Wolff was born on April 1, 1942, making him 82 years old in 2025. He is a prominent American Marxian economist, known for his critique of capitalism and advocacy for a more equitable economic system. With a Ph.D. in Economics from Yale University, Wolff has made a significant impact on economic discourse, focusing on issues such as class struggle and economic inequality. Active in the public sphere, he often engages in dialogue about the relevance of Marxian economics in contemporary society.
| Occupation | Economist |
|---|---|
| Date of Birth | April 1, 1942 |
| Age | 83 Years |
| Birth Place | Youngstown, Ohio, U.S. |
| Horoscope | Aries |
| Country | U.S |
Popularity
Richard D. Wolff's Popularity over time
Height, Weight & Measurements
Although specific details on Richard D. Wolff's height and weight are often overlooked, he is known to maintain a healthy lifestyle that reflects his active engagement in educational activities and public speaking. As of 2025, there isn’t publicly available information regarding his exact body measurements.
Family, Dating & Relationship Status
Richard D. Wolff is known to be private about his personal life. As of 2025, there are no public records or credible sources confirming his relationship status, and he appears to focus primarily on his work and academic pursuits. It remains unclear whether he has a boyfriend, girlfriend, wife, or husband, as Wolff tends to keep his private life separate from his public persona.
Wolff hosts the weekly 30-minute-long program Economic Update, produced by the non-profit Democracy at Work, which he co-founded. Economic Update is on YouTube, Free Speech TV, WBAI-FM in New York City (Pacifica Radio), CUNY TV (WNYE-DT3), and available as a podcast. Wolff is featured regularly in television, print, and internet media.
The New York Times Magazine has named him "America's most prominent Marxist economist". Wolff lives in Manhattan with his wife and frequent collaborator, Harriet Fraad, a practicing psychotherapist.
Net Worth and Salary
As of 2025, Richard D. Wolff’s estimated net worth is approximately $1 million. His earnings stem primarily from his career as an economist, public speaker, and author. He has published numerous books and articles, which contribute to his financial status. Wolff also engages in consulting and educational endeavors, earning supplemental income through lectures and workshops related to his economic theories.
Career, Business, and Investments
Wolff's career spans several decades, marked by teaching positions at institutions such as the University of Massachusetts Amherst and various guest lectures around the globe. He is the founder of the Democracy at Work movement, which advocates for workplace democracy and empowerment of workers. His writings often challenge conventional economic wisdom and offer alternative perspectives rooted in Marxist theory.
In addition to his teaching and speaking engagements, Wolff runs a YouTube channel and a podcast called "Economic Update," where he addresses pressing economic issues. His investments, while not publicly detailed, align with his advocacy for economic systems that prioritize equity and sustainability.
Wolff is a co-founder of Democracy at Work, a non-profit that produces media and live events advocating workplace democracy and critiquing capitalism. The organization is based on his 2012 book, Democracy at Work: A Cure for Capitalism. Wolff also hosts the nationally syndicated program Economic Update with Richard D. Wolff, produced by Democracy at Work.
Social Network
Richard D. Wolff is active on several social media platforms, where he shares insights, commentary, and updates on economic issues. You can follow him on his official Twitter account @profwolff and on Facebook, where he engages with followers on various topics related to economics and social justice. His YouTube channel also serves as a platform for deeper discussions and analyses of current economic scenarios.
Wolff and Resnick’s early co-authored publication, "The Theory of Transitional Conjunctures and the Transition from Feudalism to Capitalism," appeared in the Review of Radical Political Economics in 1979. The article explored the transition from feudalism to capitalism, focusing on class dynamics and economic structures.
Their collaboration extended to works like Knowledge and Class, which drew on Louis Althusser and Étienne Balibar’s Reading Capital and interpreted Karl Marx’s Capital Volumes II and III.
They analyzed Marxian class theory as the study of surplus labor’s performance, appropriation, and distribution, identifying class processes such as ancient, slave, feudal, capitalist, and communist.
Education
Wolff obtained his Ph.D. in Economics from Yale University in the late 1960s, which set the foundation for his extensive career in economics. His academic journey is characterized by a focus on Marxian economics, providing him with a unique lens through which to analyze modern economic systems. Over the years, he has teaching experience at prestigious institutions, sharing his knowledge and expertise with countless students.
Richard David Wolff (born April 1, 1942) is an American Marxian economist known for his work on economic methodology and class analysis. He is a professor emeritus of economics at the University of Massachusetts Amherst and a visiting professor in the graduate program in international affairs at The New School.
Wolff has also taught economics at Yale University, City College of New York, University of Utah, University of Paris I (Sorbonne), and The Brecht Forum in New York City.
