Age, Biography and Wiki

Phillip Clay was born on 17 May, 1946 in Wilmington, North Carolina, is an American academic. Discover Phillip Clay's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 77 years old?

Popular As N/A
Occupation N/A
Age 77 years old
Zodiac Sign Taurus
Born 17 May 1946
Birthday 17 May
Birthplace Wilmington, North Carolina
Nationality United States

We recommend you to check the complete list of Famous People born on 17 May. He is a member of famous academic with the age 77 years old group.

Phillip Clay Height, Weight & Measurements

At 77 years old, Phillip Clay height not available right now. We will update Phillip Clay's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
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Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
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Wife Not Available
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Phillip Clay Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Phillip Clay worth at the age of 77 years old? Phillip Clay’s income source is mostly from being a successful academic . He is from United States. We have estimated Phillip Clay's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income academic

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Timeline

1946

Phillip L. Clay (born May 17, 1946) is a professor of housing policy and city planning at the Massachusetts Institute of Technology as well as chair of the Federal Reserve Bank of Boston.

He is the former Chancellor of the Institute.

While Chancellor, Professor Clay had oversight responsibility for graduate and undergraduate education at MIT, including cost-cutting decision-making, as well as student life, student services, international initiatives, and the management of certain of MIT’s large-scale institutional partnerships.

He was also the highest ranking Black administrator in the Institute's 150-year history.

1968

He received the AB degree with Honors from the University of North Carolina at Chapel Hill in 1968 and his Ph.D. in City Planning in 1975 from MIT.

He resides in Boston with his wife, Cassandra.

1975

A member of the MIT faculty since 1975, Professor Clay served as Associate Provost in the Office of the Provost from 1994 to 2001.

1980

From 1980 to 1984, Professor Clay served as the Assistant Director of the Joint Center for Urban Studies of MIT and Harvard.

1987

In a 1987 study commissioned by the Neighborhood Reinvestment Corporation, Clay identified the market and institutional conditions contributing to the erosion of low-income rental housing and documented the need for a national preservation policy.

1990

He later served on the national commission that recommended the policy that became part of the Housing Act of 1990.

Clay is a founding member of the National Housing Trust that addresses the issue of housing preservation.

He is also President of the Board of The Community Builders, Inc., the nation’s largest nonprofit developer of affordable housing.

He serves as member and Vice Chair of the MasterCard Foundation board and recently he was appointed to the board of trustees of the University of North Carolina at Chapel Hill.

1992

He was the Head of the Department of Urban Studies and Planning from 1992 to 1994 and its Associate Department Head during 1990 to 1992.

2001

He became Chancellor in 2001.

2007

It was Clay, in 2007, who investigated claims that MIT's admissions dean Marilee Jones had falsified her credentials, when applying for the job.

When those claims were verified, Clay asked for her resignation.

Clay is known for his work in U.S. housing policy and community-based development.

2008

He was appointed to the board of The Kresge Foundation in 2008.

Clay is a native of Wilmington North Carolina.

2010

On November 2, 2010, Clay announced he would step down as Chancellor.

He was succeeded by Eric Grimson.