Muhammad Yunus Biography: Nobel Laureate, Age, Net Worth, Microfinance, Politics, Height, Career

Muhammad Yunus is a Nobel Peace Prize-winning economist and social entrepreneur renowned for pioneering microfinance through the founding of Grameen Bank.

In August 2024, amid a student-led uprising that led to the resignation of Prime Minister Sheikh Hasina, Yunus was appointed as the Chief Adviser of Bangladesh’s interim government.

His leadership during this transitional period has been marked by efforts to implement democratic reforms and stabilize the nation.

Profile

• Full Name: Muhammad Yunus
• Stage Name: Muhammad Yunus
• Born: 28, June 1940
• Age: 84 years old
• Birthplace: Chittagong, East Bengal
• Nationality: Bangladeshi
• Occupation: Economist, Social Entrepreneur, and Politician
• Height: Unknown
• Parents: Unknown
• Siblings: Unknown
• Spouse: Unknown
• Children: Unknown
• Relationship: Unknown
• Net Worth: $100,000

Early Life And Education

Muhammad Yunus was born on June 28, 1940, in Chittagong, East Bengal, now known as Bangladesh.

Details about his parents and siblings are not publicly documented.

He pursued his undergraduate and master’s degrees in economics at Dhaka University.

Later, he received a Fulbright scholarship to study in the United States, where he earned a Ph.D. in economics from Vanderbilt University in 1969.

Yunus is of Bengali ethnicity and practices Islam.

Career

Muhammad Yunus began his professional journey as an assistant professor of economics at Middle Tennessee State University in the United States.

Upon returning to Bangladesh, he became the head of the economics department at Chittagong University.

Witnessing the struggles of the rural poor, he initiated a microcredit program that evolved into the establishment of Grameen Bank in 1983, providing small loans to the impoverished without requiring collateral.

Yunus’s innovative approach to poverty alleviation through microfinance garnered international acclaim.

In 2006, he and Grameen Bank were jointly awarded the Nobel Peace Prize for their efforts to create economic and social development from below.

Beyond banking, Yunus has been instrumental in promoting social business models aimed at addressing various societal issues.

In August 2024, following a mass uprising that led to the resignation of Prime Minister Sheikh Hasina, Yunus was appointed as the Chief Adviser of Bangladesh’s interim government.

His administration has focused on implementing democratic reforms, restoring judicial independence, and preparing the nation for free and fair elections.

Despite facing political unrest and challenges in achieving consensus among parties, Yunus has remained committed to guiding Bangladesh through this transitional period.

Social Media

• Instagram handle: @chiefadvisergob
• Twitter handle: @Yunus_Centre

Personal Life

Muhammad Yunus is known for maintaining a discreet and private personal life, with limited public information available regarding his spouse, children, or close family relationships.

Yunus has consistently chosen to keep his family matters out of the spotlight, preferring instead to dedicate his time and attention to his professional pursuits and global philanthropic work.

Net Worth

Muhammad Yunus’s exact net worth is not publicly confirmed, though estimates suggest it may be around $100,000.

His income has largely come from his roles in academia, his leadership at Grameen Bank, and his active participation in a variety of social business ventures.