Let’s discover the net worth, salary, and earning details of Rohit Chopra, an American consumer advocate, who might soon take a seat of the Consumer Financial Protection Bureau director.
He has previously served as an assistant director of the Consumer Financial Protection Bureau. In January 2021, the US President, Joe Biden allied Rohit Chopra in a nomination to lead Consumer-Finance Agency as a director. He is also the pioneer Student Loan Ombudsman assigned by the Secretary of Treasury. Then, Chopra entered the Federal Trade Commission field, winning higher occupancy seat in the position of commissioner in 2018.
Rohit Chopra is climbing the successive political ladder with a colossal net worth in hand. What’s the figure of his net worth?
Rohit Chopra Net Worth in 2021
The former assistant director of Consumer Bureau, Rohit Chopra, has a staggering net worth of $500K as of 2021. In the beginning, he worked in a global management consultancy firm, McKinsey & Company. Following the 2008 global financial crisis, he focused on working on the Consumer Financial Protection Bureau and became the first Student Loan Ombudsman. Amidst his tenure, the agency sued and dissolved profit college chain in ITT Educational Service, and Corinthian College.
Caption: The former assistant director of Consumer Bureau, Rohit Chopra has a staggering net worth of $500K as of 2021| Image source: Wall Street Journal
Next, he was nominated to serve as a commissioner on the Federal Trade Commission on February 28, 2018. A few months later in May, Chopra was sworn in the commissioner seat.
Rohit Chopra Salary: He might become multi-millionaire
Since the president, Joe Biden has allied Chopra to lead the Consumer Bureau; he might be accountable for new responsibilities and hefty net worth in return. Yes! His assets collection and properties of $500k might turn to million dollars if he takes the consumer agency’s office. Given the new responsibilities, Chopra would be assigned to inspect the product and services provisioned to the consumers and impose rules to empower consumers to regulate their economic privileges on their own.
Caption: In January 2021, the US President, Joe Biden allied Rohit Chopra in a nomination to lead Consumer-Finance Agency as a director| Image Source: Twitter
The director of the consumer bureau earns a salary of $259,500 per year. As a commissioner, he attained a salary base of $133, 399 in two years. There is a huge difference in number that one can easily guess; he is on the path of becoming a millionaire. Talking about numbers, Rohit Chopra is a leading figure to point out exceeding $1 trillion student debt, back in 2012.
Where did he graduate?
An Indian-American politician, Rohit Chopra has a Bachelor of Arts degree from Harvard University. Also, he holds a master’s degree in business administration from the Wharton School of the University of Pennsylvania.