The competition’s namesake, Ed Hyman is a giant in the world of business and finance, hailed for his storied career and long-lasting impact. Hyman is the chairman of Evercore ISI and one of the most highly-regarded voices in economic analysis.
Table of Contents
Profile Summary
| Full Name | Edward S. Hyman Jr. |
| Date of Birth | November 7, 1945 |
| Nationality | American |
| Occupation(s) | Economist, Financial Analyst |
| Years Active in Industry | 1970 – Present |
| Spouse(s) | Information not publicly available |
| Children | Information not publicly available |
| Education | University of Texas at Austin (BBA), MIT Sloan School of Management (MBA) |
| Notable Works/Achievements | Chairman of Evercore ISI, Multiple awards including Institutional Investor’s top economist since 1980 (over 40 years) |
| Estimated Net Worth (2024) | $100 million – $110 million (estimated) |
Career Highlights
EvercoreISIChairman and EvercoreVice-Chairman Ed Hyman has had a storied career. McDonough leads Evercore ISI’s Economic Research Team, directing their research and thoughts on global economic topics. Hyman’s career in finance really started with 1991 when he founded the broker-dealer ISI Group and oh yeah, ISI a funds management shop. He previously served as Vice Chairman and board member of C.J Lawrence (1972 to 1991) and worked as an economist for Data Resources (1969 to 1971).
Hyman’s credentials include a Bachelor of Science in Engineering from The University of Texas and an MBA form MIT which led the way for his analytical skills.
Recent Insights and Forecasts
Market watchers pay close attention to Hyman’s predictions. He’s done wonders lately predicting a half-point Fed rate cut, and with it the U.S. economy toward a soft landing. Hyman initially was predicting a 2% drop in real GDP for the second three months of 2024, but now is at seeing flat growth, which suggests a more upbeat view about the state of the economy. The adjustment is based on low layoff rates, abundant liquidity, falling inflation and progress in artificial intelligence.
Even though he recognizes that there is a recession case to be made, Hyman believes the evidence for a major economic meltdown based on what we are seeing right now just isn’t as strong.
And then finally net worth and financial success in the long term.
They estimate that Ed Hyman is worth between $100-110 million as of 2024. This massive fortune reflects the broad success of his career in economics and finance. School: He makes around $2.3 million yearly in salaries from Evercore while his poke at TeeVee, investments, publications and speaking engagements provide a nice revenue stream as well. The substantial net worth of Hyman is a testament to the vast influence he held in the financial world for many years, as well as his hand in shaping our understanding of and policy toward economics.
Conclusion
For almost 50 years, Ed Hyman has been working to get a handle on the economy. The 43 times he has been ranked number one in economics by Institutional Investor is a record and only one other economist had even appeared on the II top ten list more than half as many times. His work to evolve his thinking based on solid research has made Hyman a respected adviser and figure in global finance. These contributions continue to influence economic discourse and policy, placing him as an influential person in the world of finance.
Social Accounts
FAQs-
Who is Ed Hyman Evercore?
Ed Hyman is the chairman of Evercore ISI and vice chairman of Evercore, where he heads the Economic Research Team. He has been ranked number one in economics by Institutional Investor for 43 times over the past 48 years. Hyman’s net worth is estimated to be between $100 million and $110 million as of 2024.
Who is the founder of ISI group?
The founder of ISI Group is Ed Hyman, who established the company in 1991. He served as the chairman of ISI Group until he joined Evercore ISI, where he currently holds the position of chairman and leads the Economic Research Team.
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