David Malpass Net Worth (Updated 2026).

David Malpass, a prominent figure in the global financial landscape, embarked on his career in the early 1980s, fresh out of the University of California, Berkeley, with a degree in economics. He began his journey at the Bank of America, where he honed his skills in financial analysis and international economics. This was the catalyst that launched his impressive career trajectory.

Malpass’s rise to fame, however, is often attributed to his tenure at Bear Stearns, where he served as the chief economist from 1993 to 2008. During this period, he gained widespread recognition for his accurate economic forecasts and insightful commentary on global financial trends. His work at Bear Stearns brought him to the forefront of the financial world, paving the way for his subsequent roles.

David Malpass’ Current Net Worth (2025)

As of 2025, David Malpass’ current net worth is estimated to be around $50 million. This figure is based on the latest available information and takes into account his career in finance and his various ventures.

Career

David Malpass, a prominent figure in the finance world, has had an impressive career. He served as the President of the World Bank from 2019 to 2023. Prior to this, he was the U.S. Treasury’s Under Secretary for International Affairs from 2017 to 2019. Malpass has also held various positions in the private sector, including serving as the Chief Economist at Bear Stearns from 1993 to 2008. His extensive experience in both the public and private sectors has significantly contributed to his net worth.

Other Ventures

In addition to his career in finance, Malpass has also ventured into writing. He is the author of several books, including “The Natural Laws of Political Economy” and “A Background to Strategy”. These ventures, while not his primary source of income, have contributed to his overall net worth.

Assets

Malpass’ assets include a significant portfolio of investments in various financial instruments. He also owns several properties, including a residence in Washington D.C. and a vacation home in the Hamptons. His real estate holdings are estimated to be worth around $10 million.

Annual Income

As the President of the World Bank, Malpass’ annual salary was around $500,000. However, his annual income can vary significantly based on his other ventures and investments. For instance, in 2018, it was reported that his total compensation from Bear Stearns, where he served as a senior advisor, was around $1.2 million.

Frequently Asked Questions about  David Malpass

**David Malpass Net Worth FAQs**

1. What is David Malpass’ net worth?

David Malpass’ net worth is estimated to be around $50 million.

2. How did David Malpass make his money?

David Malpass made his fortune through his career as an economist, investment banker, and government official. He co-founded the investment firm Roubini Global Economics and served as the Under Secretary of the Treasury for International Affairs under President George W. Bush.

3. What is David Malpass’ current role?

David Malpass is the President of the World Bank Group, a position he has held since 2019.

4. Where was David Malpass born and raised?

David Malpass was born in Texas and raised in California, United States.

5. What is David Malpass’ educational background?

David Malpass holds a Bachelor’s degree in Physics from Harvard University and a Master’s degree in Economics from the University of California, Berkeley.

6. Has David Malpass written any books?

Yes, David Malpass has co-authored several books, including “The World Economy: A Textbook” and “A New Map of the World Economy: How Globalization is Reshaping the Geo-Economy.”

7. What are David Malpass’ political affiliations?

David Malpass is a Republican and has held various positions in the U.S. government under Republican administrations.

8. Does David Malpass speak any other languages besides English?

Yes, David Malpass speaks Spanish and French.

9. What are some of David Malpass’ notable achievements?

Some of David Malpass’ notable achievements include co-founding Roubini Global Economics, serving as the Under Secretary of the Treasury for International Affairs, and becoming the President of the World Bank Group.

10. What is David Malpass’ stance on climate change?

As the President of the World Bank Group, David Malpass has emphasized the importance of addressing climate change and has pledged to increase the bank’s financing for climate action.