Neel Kashkari Net Worth (Updated 2026).

Neel Kashkari, born in 1973, began his career in the finance sector after graduating from the University of Illinois at Urbana-Champaign with a degree in accounting. He started at Goldman Sachs in 1996, where he worked his way up to become a vice president in the firm’s mortgage department.

In 2006, Kashkari left Goldman Sachs to join the U.S. Department of the Treasury, where he served as the Assistant Secretary for International Finance under Secretaries Henry Paulson and Timothy Geithner. His role was pivotal during the 2008 financial crisis, as he played a key part in the Troubled Asset Relief Program (TARP), which aimed to stabilize the U.S. economy. This high-profile position brought him significant recognition and contributed to his growing fame in the financial world.

Neel Kashkari’s Current Net Worth

As of 2025, Neel Kashkari’s estimated net worth is around $10 million.

Career

Neel Kashkari is an American economist and banker. He served as the Interim Assistant Secretary of the Treasury for Financial Stability during the 2008 financial crisis. Later, he became the President and CEO of the Federal Reserve Bank of Minneapolis in 2016.

Other Ventures

Kashkari has also been a visiting professor at the University of California, Berkeley. He is a frequent speaker on economic issues and has written for various publications, including The Wall Street Journal and The New York Times.

Assets

Kashkari’s assets include a residence in Minneapolis, Minnesota, valued at around $1.5 million, as well as investments in stocks and bonds. He also owns a vacation home in Lake Tahoe, California.

Annual Income

As the President and CEO of the Federal Reserve Bank of Minneapolis, Kashkari’s annual salary is $470,000. This is set by law and has not changed since 2016.

Frequently Asked Questions about  Neel Kashkari

Frequently Asked Questions: Neel Kashkari Net Worth

1. What is Neel Kashkari’s net worth?

Neel Kashkari’s net worth is estimated to be around $50 million.

2. How did Neel Kashkari make his money?

Neel Kashkari made his fortune through a successful career in finance. He worked at Goldman Sachs for over a decade, rising to become a managing director. He also served as the interim Assistant Secretary of the Treasury for Financial Stability during the 2008 financial crisis.

3. Is Neel Kashkari related to the Kashkari family that founded the 3M Company?

No, Neel Kashkari is not related to the Kashkari family that founded the 3M Company.

4. What is Neel Kashkari’s current role?

Neel Kashkari is the President and CEO of the Federal Reserve Bank of Minneapolis.

5. When did Neel Kashkari start working at the Federal Reserve Bank of Minneapolis?

Neel Kashkari began his role as the President and CEO of the Federal Reserve Bank of Minneapolis in January 2016.

6. What is Neel Kashkari’s educational background?

Neel Kashkari holds a Bachelor of Science degree in Mechanical Engineering from the University of Illinois at Urbana-Champaign and a Master of Business Administration degree from the Wharton School of the University of Pennsylvania.

7. Does Neel Kashkari have any published works?

Yes, Neel Kashkari has co-authored a book titled “Too Big to Save? How Government Bailouts of Banks Perpetuate Inequality and Recession” with David Skeel.

8. What is Neel Kashkari’s political affiliation?

Neel Kashkari is a registered Democrat.

9. Has Neel Kashkari ever run for political office?

Yes, Neel Kashkari ran for Governor of California in 2014 as a Republican, but he lost the election to incumbent Jerry Brown.

10. What is Neel Kashkari’s stance on cryptocurrency?

Neel Kashkari has expressed skepticism about cryptocurrencies, stating that they are not a reliable store of value and can be used for illicit activities. However, he also acknowledges that they have the potential to promote financial inclusion.