Jacqueline Novogratz

Jacqueline Novogratz (born 1961) is an American entrepreneur and author. She is the founder and CEO of Acumen, a non-profit global venture capital fund whose goal is to use entrepreneurial approaches to address global poverty.[1]

Jacqueline Novogratz
Born1961 (age 59–60)
US
NationalityAmerican
Alma materUniversity of Virginia
Stanford Graduate School of Business
OccupationBusinesswoman
Known forFounder and CEO, Acumen
Spouse(s)Chris Anderson
Children2 stepdaughters
RelativesMichael Novogratz (brother)
Robert Novogratz (brother)

Early life

Novogratz was born in 1961[2] in the US, the eldest of seven children.[3] Her father was a career officer and major in the U.S. Army, and her mother, Barbara, ran an antiques business.[4]

She attended Fort Hunt High School in Alexandria, VA, and earned a bachelor's degree from the University of Virginia, where she studied economics and international relations.[3] She earned an MBA from the Stanford Graduate School of Business.[3]

Career

Novogratz started her career at Chase Manhattan Bank in 1983,[3] as an international credit analyst. After three years, she left banking to explore how to make a difference in the world.

She worked throughout Africa as a consultant for the World Bank and for UNICEF. As a UNICEF consultant in Rwanda in the late 1980s, she helped found Duterimbere, Rwanda's first microfinance institution.

Novogratz founded and directed The Philanthropy Workshop and The Next Generation Leadership programs at the Rockefeller Foundation before founding Acumen in 2001.[5] Acumen invests patient capital in businesses that provide critical goods and services to people living in poverty. It estimates that it has impacted more than 260 million people through its investments. [6] Novogratz oversaw the development of Acumen's Fellowship program, which develop leaders for the social sector.[7]

Novogratz serves on the advisory boards of NYU Stern Center for Business and Human Rights,[8] the Harvard Business School Social Enterprise Initiative,[9] and UNICEF. She also serves on the Aspen Institute Board of Trustees, the Pakistan Business Council Centre of Excellence in Responsible Business (CERB)], is a member of the Council on Foreign Relations,[10] and the American Academy of Arts & Sciences.[11] Hillary Clinton, as Secretary of State, appointed Novogratz to the State Department's Foreign Affairs Policy Board.[12]

The Blue Sweater

In 2009, Novogratz published The Blue Sweater: Bridging the Gap Between Rich and Poor in an Interconnected World.[13] The book is a firsthand account of her journey from international banker to social entrepreneur and founder of Acumen. Since its publication, the book has been selected by the Carroll School of Management at Boston College, the University of North Carolina at Charlotte and Peace College as common reading for all incoming freshmen.

The title of her book, The Blue Sweater, refers to an encounter she had in Kigali, Rwanda. Novogratz spotted a boy wearing a blue sweater. She recognized it as a sweater she had owned and given to Goodwill a decade earlier; it was hers, with her name on the tag. The encounter was an epiphany for Novogratz; her sense of the interconnectedness of our world has continued to influence her current work.[7]

Personal life

Novogratz is married to Chris Anderson, the owner of TED Talks.[14][15]

Her brothers include Michael Novogratz and Robert Novogratz.

Awards

Honorary degrees

Works
  • The blue sweater : bridging the gap between rich and poor in an interconnected world, New York Rodale 2010. ISBN 9781586489564
  • Manifesto for a moral revolution : Practices to Build a Better World, New York: Henry Holt and Company, 2020. ISBN 9781250222879

References
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  2. "The WATCH File: Writers, Artists and Their Copyright Holders". norman.hrc.utexas.edu. Retrieved 17 January 2019.
  3. "A Banker for the World: Jacqueline Novogratz of Acumen Fund". The New York Times. 22 August 2009. Retrieved 9 August 2018.
  4. Coster, Helen. "Can Venture Capital Save The World?". forbes.com. Retrieved 9 August 2018.
  5. "Jacqueline Novogratz, Founder and CEO of Acumen". acumen.org. Retrieved 17 January 2019.
  6. "Acumen - Approach -". acumen.org. Retrieved 17 January 2019.
  7. "From Accidental Banker to 'Patient Capital' Leader: Distinguished Alumna Describes Creating New Kind of Capitalism". UVA Today. 2013-04-26. Retrieved 2018-04-30.
  8. "Business and Human Rights "NYU Stern Center for Business and Human Rights". NYU Stern Center for Business and Human Rights. Retrieved 17 January 2019.
  9. "Advisory Board - Social Enterprise - Harvard Business School". Harvard Business School. Retrieved 15 October 2018.
  10. "Jacqueline Novogratz". The Aspen Institute. Retrieved 17 January 2019.
  11. "Newly Elected Fellows". members.amacad.org. Retrieved 17 January 2019.
  12. Rogin, Josh. "Clinton starts "Foreign Affairs Policy Board"". foreignpolicy.com. Retrieved 17 January 2019.
  13. "The Blue Sweater by Jacqueline Novogratz - PenguinRandomHouse.com: Books". PenguinRandomhouse.com. Retrieved 17 January 2019.
  14. Brown, Mick (29 April 2016). "'I was losing $1 million a day, every day for 18 months': Meet Chris Anderson, the man behind TED talks". The Telegraph. Retrieved 9 August 2018 – via www.telegraph.co.uk.
  15. Fontana, Francesca (2020-12-19). "The Venture Capitalist Harnessing a New Brand of Capitalism to Combat Poverty". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-01-15.
  16. "100 Greatest Living Business Minds". Forbes. Retrieved 17 January 2019.
  17. Communications, Forbes Corporate. "Forbes Hosts Fifth Annual Forbes 400 Summit On Philanthropy". Forbes. Retrieved 17 January 2019.
  18. https://www.resolutionproject.org/sites/default/files//2016AR_Final_Reduced.pdf
  19. "2014 Asia Game Changer Awards". Asia Society. Retrieved 17 January 2019.
  20. "Archived copy". Archived from the original on 2014-11-01. Retrieved 2014-10-31.CS1 maint: archived copy as title (link)
  21. "Famous Stanford Business School Students". Business Insider. 2014-09-09. Retrieved 2016-09-04.
  22. Bromley, Anne (26 April 2013). "From Accidental Banker to 'Patent Capital Leader'". UVa Today. University of Virginia. Retrieved 7 May 2013.
  23. "Vision Award | Center for Social Entrepreneurship". Mcse.middlebury.edu. 2015-12-18. Retrieved 2016-09-04.
  24. "Vision Award". Social Entrepreneurship Programs. 2013-04-11. Retrieved 2018-04-30.
  25. Dame, Marketing Communications: Web // University of Notre. "Jacqueline Novogratz to receive Notre Dame Award for pioneering work in international human development". Notre Dame News. Retrieved 17 January 2019.
  26. "Honoring Women of Concern". ABC News. February 18, 2012. Retrieved 17 January 2019.
  27. "Rensselaer Entrepreneur of the Year | Lally: Business and Management at Rensselaer".
  28. "Wofford College - Sandor Teszler Award". www.wofford.edu. Retrieved 17 January 2019.
  29. Frankel, Rebecca. "The FP Top 100 Global Thinkers". foreignpolicy.com. Retrieved 17 January 2019.
  30. "The 25 Smartest People of the Decade". The Daily Beast.
  31. Zendrian, Alexandra. "Next Week's Guest: Jacqueline Novogratz". Forbes. Retrieved 17 January 2019.
  32. Zendrian, Alexandra. "Briefing Book: Jacqueline Novogratz". Forbes. Retrieved 17 January 2019.
  33. "It's the Destination (SSIR)". ssir.org. Retrieved 17 January 2019.
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  35. "New England College". New England College. 10 April 2017. Retrieved 17 January 2019.
  36. "Jacqueline Novogratz - Honorary Degree Ceremony - Office of the President". utoronto.ca. Retrieved 17 January 2019.
  37. "Bard College Catalogue". www.bard.edu. Retrieved 17 January 2019.
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