Yunus Mohamed

Quick Facts

Full Name	Yunus Mohamed
Occupation	Economist
Date Of Birth	Jun 28, 1940(1940-06-28)
Age	84
Birthplace	Chittagong
Country	Bangladesh
Birth City	Chittagong Division
Horoscope	Cancer

Yunus Mohamed Biography

Yunus Mohamed is one of the most popular and richest Economist who was born on June 28, 1940 in Chittagong, Chittagong Division, Bangladesh.

Muhammad Yunus (born 28 June 1940) is a Bangladeshi social entrepreneur, banker, economist, and civil society leader who was awarded the Nobel Peace Prize for founding the Grameen Bank and pioneering the concepts of microcredit and microfinance. These loans are given to entrepreneurs too poor to qualify for traditional bank loans. In 2006, Yunus and the Grameen Bank were jointly awarded the Nobel Peace Prize “for their efforts through microcredit to create economic and social development from below”. The Norwegian Nobel Committee said that “lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty” and that “across cultures and civilizations, Yunus and Grameen Bank have shown that even the poorest of the poor can work to bring about their own development”. Yunus has received several other national and international honours. He received the United States Presidential Medal of Freedom in 2009 and the Congressional Gold Medal in 2010.

After his graduation, Yunus joined the Bureau of Economics as a research assistant to the economics researches of Professor Nurul Islam and Rehman Sobhan. Later, he was appointed lecturer in economics in Chittagong College in

1961. During that time, he also set up a profitable packaging factory on the side. In 1965, he received a Fulbright scholarship to study in the United States. He obtained his PhD in economics from the Vanderbilt University Graduate Program in Economic Development (GPED) in 1971. From 1969 to 1972, Yunus was assistant professor of economics at Middle Tennessee State University in Murfreesboro.

Yunus Mohamed Net Worth

Yunus Mohamed is one of the richest Economist from Bangladesh. According to our analysis, Wikipedia, Forbes & Business Insider, Yunus Mohamed 's net worth $5 Million. (Last Update: December 11, 2023)

The third of nine children, Yunus was born on 28 June 1940 to a Bengali Muslim family in the village of Bathua, by the Kaptai road in Hathazari, Chittagong in the Bengal Presidency of the British Raj, present Bangladesh. His father was Hazi Dula Mia Shoudagar, a jeweler, and his mother was Sufia Khatun. His early childhood was spent in the village. In 1944, his family moved to the city of Chittagong, and he moved from his village school to Lamabazar Primary School. By 1949, his mother was afflicted with psychological illness. Later, he passed the matriculation examination from Chittagong Collegiate School ranking 16th of 39,000 students in East Pakistan. During his school years, he was an active Boy Scout, and travelled to West Pakistan and India in 1952, and to Canada in 1955 to attend Jamborees. Later, while Yunus was studying at Chittagong College, he became active in cultural activities and won awards for drama. In 1957, he enrolled in the Department of Economics at Dhaka University and completed his BA in 1960 and MA in 1961.

Height, Weight & Body Measurements

Yunus Mohamed height Not available right now. Patrick weight Not Known & body measurements will update soon.

Who is Yunus Mohamed Dating?

According to our records, Yunus Mohamed married to Vera Forostenko. As of December 1, 2023, Yunus Mohamed’s is not dating anyone.

Relationships Record : We have no records of past relationships for Yunus Mohamed. You may help us to build the dating records for Yunus Mohamed!

He is one of only seven persons to have won the Nobel Peace Prize, Presidential Medal of Freedom, and the Congressional Gold Medal. Other notable awards include the Ramon Magsaysay Award in 1984, the World Food Prize, the International Simon Bolivar Prize (1996), the Prince of Asturias Award for Concord and the Sydney Peace Prize in 1998, and the Seoul Peace Prize in 2006. Additionally, Yunus has been awarded 50 honorary doctorate degrees from universities across 20 countries, and 113 international awards from 26 different countries including state honours from 10 countries. Bangladesh government brought out a commemorative stamp to honour his Nobel Award.

Facts & Trivia

Patrick Ranked on the list of most popular Economist. Also ranked in the elit list of famous people born in Bangladesh. Yunus Mohamed celebrates birthday on June 28 of every year.

For many years, Yunus remained a follower of Hasina’s father, Sheikh Mujib, the founding father of Bangladesh. While teaching at Middle Tennessee State University, Yunus founded the Bangladesh Citizen’s Committee (BCC), as a response to West Pakistan’s aggression against Bangladesh and its leader Sheikh Mujib. After the outbreak of the war of liberation, the BCC selected Yunus to become editor of its newly published Bangladesh News Letter. Inspired by the birth of Bangladesh in 1971, Yunus returned home in 1972, to help Mujib rebuild the nation shattered by a long and bloody war. The relationship did not end after Mujib’s death. Yunus maintained a professional relationship with Mujib’s daughter, Hasina. Yunus appointed Hasina—along with US first lady Hillary Clinton—as co-chair of a microcredit summit held 2–4 February 1997. At this event, 50 heads of state and high-level officials from 137 nation-states gathered in Washington, DC, to discuss solutions to poverty. At this macroevent for microcredit, Hasina had nothing but praise for her fatherly figure. In her statement she praised,”the outstanding work done by Professor Yunus and the Grameen Bank he founded.. . . The success of the Grameen Bank has created optimism about the viability of banks engaged in extending micro- credit to the poor. The inaugural ceremony of Grameen Phone, the largest telephone service in Bangladesh, took place at Hasina’s office on 26 March

1997. Using Grameen Phone, Hasina made the first call to Thorbjorn Jagland, the then-Norwegian prime minister. When her conversation ended with Jagland, she received another call, this one from Laily Begum, a Grameen telephone employee. However, this long relationship was doomed in 2007 after Yunus disclosed his intention to form a political party, Nagorik Shakti

What is Muhammad Yunus known for?

Muhammad Yunus and Grameen Bank were awarded the Nobel Peace Prize for 2006 for their work to “ create economic and social development from below”. Grameen Bank’s objective since its establishment in 1983 has been to grant poor people small loans on easy terms – so-called micro-credit – and Yunus was the bank’s founder.

Is Muhammad Yunus still alive?

Mohammad Yunus was a Bangladeshi academic and Professor of economics at the University of Rajshahi. He was assassinated on 24 December 2004 by the Islamist terrorist organization Jamatul Mujahideen Bangladesh.

Why did Muhammad Yunus win a Nobel Prize?

Yunus, a Bangladeshi banker who was awarded his Nobel in 2006 for pioneering micro-credit loans to impoverished people , has worked with the International Olympic Committee on a business program for athletes.

Is Muhammad Yunus rich?

Net Worth:$10 Million
Date of Birth:| Jun 28, 1940 (81 years old)
Gender:| Male
Profession:| Economist, Professor, Entrepreneur, Banker
Nationality:| Bangladesh

What is the story of Prophet Yunus?

Prophet Yunus (Jonah) was sent to Nineveh, an ancient town in current day Iraq, around 800 BC. People of Nineveh had immoral ways of life and had turned away from Allah (God). Yunus told them to worship Allah and to forsake their evil ways, but they refused to listen.