Bernanke Portfolio Bouncing Back!

Publish date:
Updated on

Someone's gonna be splurging at Jos A. Bank tonight.

The U.S. Federal Reserve chairman’s wealth rose last year, according to financial disclosure forms released Friday by the central bank. As of the end of 2009, Bernanke’s asset holdings were between $1.2 million and $2.5 million, the same as in 2007. That compares with between $850,000 and $1.9 million in 2008, when stocks were walloped by the worst financial crisis since the 1929 Wall Street Crash. Much of the increase in Bernanke’s wealth came from a large-cap stock variable annuity he holds, whose value rose to between $500,000 and $1 million at the end of 2009 from between $250,000 and $500,000 the previous year.

Bernanke's Bottom Line [WSJ]