Age, Biography and Wiki
Mark Rubinstein was born on 8 June, 1944 in United States, is an American economist (1944–2019). Discover Mark Rubinstein'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 74 years old?
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| Age |
74 years old |
| Zodiac Sign |
Gemini |
| Born |
8 June, 1944 |
| Birthday |
8 June |
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| Date of death |
9 May, 2019 |
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| Nationality |
United States
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We recommend you to check the complete list of Famous People born on 8 June.
He is a member of famous economist with the age 74 years old group.
Mark Rubinstein Height, Weight & Measurements
At 74 years old, Mark Rubinstein height not available right now. We will update Mark Rubinstein's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
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Not Available |
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Not Available |
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Not Available |
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Not Available |
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Not Available |
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.
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Not Available |
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Not Available |
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Not Available |
Mark Rubinstein Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Mark Rubinstein worth at the age of 74 years old? Mark Rubinstein’s income source is mostly from being a successful economist. He is from United States. We have estimated Mark Rubinstein'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 |
economist |
Mark Rubinstein Social Network
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Timeline
Mark Edward Rubinstein (June 8, 1944 – May 9, 2019) was a leading financial economist and financial engineer.
He was Paul Stephens Professor of Applied Investment Analysis at the Haas School of Business of the University of California, Berkeley.
He held various other professional offices, directing the American Finance Association, amongst others,
and was editor of several first-tier academic journals including both the Journal of Financial Economics and the Journal of Finance.
He was the author of numerous papers and four books.
Rubinstein was a senior and pioneering academic in the field of finance, focusing on derivatives, particularly options, and was known for his contributions to both theory and practice, especially portfolio insurance and the binomial options pricing model (also known as the Cox-Ross-Rubinstein model), as well as his work on discrete time stochastic calculus more generally.
was "the first work that popularized probabilistic and scientific methods in options, helping inaugurate the derivatives revolution."
Rubinstein had been on the Haas faculty since 1972.
He was instrumental in building the Haas-Berkeley Master of Financial Engineering (MFE) Program, focused on equipping candidates with skills in financial engineering for careers as quants; he was also involved in teaching courses on the program; and previously various other finance courses, both on the Haas-MBA and at Berkeley.
The Berkeley-MFE was considered by many as the number one financial engineering program in the US.
He held a BA in economics from Harvard University magna cum laude , an MBA in finance from Stanford University, and a PhD in finance from the University of California, Los Angeles.
Along with fellow Berkeley finance professor Hayne E. Leland and adjunct professor John O'Brien, Rubinstein developed the portfolio insurance financial product in 1976.
(This strategy later became associated with the October 19, 1987, Stock Market Crash; see ).
With Leland and O'Brien he also introduced the first exchange-traded fund (ETF) in the United States.
Rubinstein popularized the term "exotic option" in 1990/92 working paper "Exotic Options" (with Eric Reiner), with the term based either on "exotic wagers" in Horse racing, or due to the use of international terms such as "Asian option", suggesting the "exotic Orient".
