Fed Chair Yellen’s assets up 8% during 2013 

yellen janet

Value of portfolio totals between $5.3 million and $14.1 million, latest financial disclosure shows.

Federal Reserve Chair Janet Yellen’s assets rose in value by at least 8% during 2013, raising their total to between $5.3 million and $14.1 million, according to her latest financial disclosure released Thursday.

Yellen’s assets have likely been driven up in value by a rebounding economy and a rising stock market. In 2012, her disclosure form estimated her assets at between $4 million and $13 million.

One of the assets Yellen listed was a stamp collection, valued at between $15,000 and $50,000, a value that did not increase from 2012. The stamp collection was jointly owned with her husband, Akerlof.

Among the stocks listed on the disclosure form were shares of Conoco Phillips, DirecTV, DuPont, Office Depot, Pfizer, Raytheon, Phillips 66, Norfolk Southern and 21st Century Fox. The disclosure form showed that Yellen held a mix of company stocks and investment funds.

 

Source: Usatoday

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