Dambisa Moyo is a renowned Zambian-born economist who has made significant contributions to the field of macroeconomics and global affairs. With an impressive career spanning various prestigious institutions and corporations, Moyo has established herself as a leading voice in analyzing developing economies and shaping public policy.
In this article, we will delve into Dambisa Moyo net worth, her rise to fame, and provide an overview of her life and career.
|February 2, 1969
|54 years old (as of August 11th, 2023)
|Master’s in Public Administration (MPA), Ph.D. in Economics
|Approximately $5 million
|Source of Wealth
|Economist, author, CEO of Mildstorm LLC
What is Dambisa Moyo Net Worth and Salary in 2023?
As of June 1, 2023, Dambisa Moyo’s net worth is estimated to be approximately $5 million. Her financial success can be attributed to her extensive work as an economist, author, and board member of prominent companies such as Chevron, 3M, and Barclays.
Additionally, Moyo founded Mildstorm LLC, a financial and economics firm, in 2015, where she currently serves as the Chief Executive Officer.
Why is Dambisa Moyo Famous?
Dambisa Moyo gained recognition for her thought-provoking analysis of developing economies and her unique perspectives on global economic competition.
In her book How the West Was Lost: Fifty Years of Economic Folly—And the Stark Choices Ahead, Moyo argued that Western countries, including the United States, have jeopardized their prosperity through excessive consumption and insufficient investment in infrastructure and education.
She emphasized the need for long-term thinking and strategic planning to secure economic dominance.
Dambisa Moyo Biography Overview
Dambisa Moyo was born on February 2, 1969, in Lusaka, Zambia. Growing up in a country grappling with economic challenges, she developed a keen interest in understanding the dynamics of wealth creation and poverty alleviation. Moyo’s passion for economics led her to pursue higher education in prestigious institutions.
Moyo pursued her education at top-tier institutions, solidifying her foundation in the field of economics. She earned a Bachelor’s degree in Chemistry and MBA in Finance from American University in Washington, D.C.
Later; she received a Master’s degree from Harvard University’s John F. Kennedy School of Government. Moyo then went on to complete a D.Phil. in Economics from the University of Oxford.
Career and Awards
Dambisa Moyo is a renowned Zambian-born economist, author, and public speaker. She has made significant contributions to the field of macroeconomics and global affairs. Her expertise lies in analyzing global trends, geopolitics, and the changing world dynamics, helping businesses understand how they can leverage these factors for growth.
Moyo’s career spans across prestigious organizations such as Chevron, 3M, Barclays, the World Bank, and Goldman Sachs, where she served on the boards or worked in various capacities.
As an author, Moyo has penned several best-selling books that focus on global economic competition, the creation of wealth, and the perpetuation of poverty in a global economy.
Some of her notable works include Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa, How Boards Work: And How They Can Work Better in a Chaotic World, and Winner Take All: China’s Race for Resources and What It Means for the World.
These publications have been featured in international financial and economic journals, periodicals, and publications, including The Wall Street Journal, Financial Times, The New York Times, and Time.
In recognition of her outstanding work, Moyo has received several awards and honors. She was awarded the Hayek Lifetime Achievement Award, named after the Nobel Prize winner and recipient of the Presidential Medal of Freedom, Friedrich Hayek.
Additionally, TIME Magazine named her one of the “100 Most Influential People in the World,” and she was also recognized by the World Economic Forum’s Young Global Leaders Forum.
Moyo’s recent news highlights her concerns about the current state of the U.S. economy. In an interview with CNBC, she expressed her worries about the slow economic growth affecting companies’ bottom lines. She emphasized the importance of a 3% per year growth rate, which is crucial for doubling per capita incomes in a generation.
Moyo also discussed the potential impact of artificial intelligence on society and how it could transform business models and the role of the state.
In conclusion, Dambisa Moyo’s career is marked by her profound insights into global economics, her influential writings, and her commitment to helping businesses navigate the complexities of the global economy. Her work continues to shape discussions on economic growth, poverty reduction, and public policy in both developed and developing economies.
In December 2020, Moyo married billionaire Jared Smith, co-founder of Utah-based cloud computing company Qualtrics. Their union symbolizes the merging of two successful individuals who share a passion for entrepreneurship and innovation.
Social Media Accounts
Dambisa Moyo maintains an active presence on social media platforms. Here are the statistics of her followers on different platforms:
FAQs about Dambisa Moyo
What is Dead Aid?
Dead Aid: Why Aid Is Not Working and How There Is a Better Way for Africa is a book authored by Dambisa Moyo. In the book, Moyo presents a critical analysis of foreign aid, arguing that it often perpetuates poverty and dependency in African nations rather than promoting sustainable economic development. She advocates for alternative methods of financing and investment in African economies.
What are some of Dambisa Moyo’s other books?
In addition to Dead Aid, Dambisa Moyo has authored several other books, including:
- How the West Was Lost: Fifty Years of Economic Folly – And the Stark Choices Ahead
- Winner Take All: China’s Race for Resources and What It Means for the World
- Edge of Chaos: Why Democracy Is Failing to Deliver Economic Growth – and How to Fix It
What is Dambisa Moyo’s educational background?
Dambisa Moyo holds a Bachelor’s degree in Chemistry and an MBA from American University in Washington, D.C. She also earned a Master’s degree in Public Administration from Harvard University’s Kennedy School of Government and a Doctorate in Economics from the University of Oxford.
Dambisa Moyo’s journey from Zambia to becoming a prominent economist and influential figure in global affairs is truly inspiring. Through her extensive research, writings, and corporate engagements, she has challenged conventional wisdom and offered fresh perspectives on economic development and public policy.
With her net worth steadily growing and her influence expanding, Dambisa Moyo continues to make a significant impact on the world stage, shaping the future of economies and societies worldwide. Thank you for reading.
Read more: Susan Wagner Net Worth