The world of finance, connected.EN / Global
Ha
PersonReviewed 2026-10-23

Harry M. Markowitz

Harry M. Markowitz received the 1990 prize in Economic Sciences. This profile brings together the official award record and attributed background on the economist’s work and career.

Sources and references ↗
PROFILE / FACT FILE

Personal and professional profile

Name
Harry M. Markowitz [1]
Full name
Harry M. Markowitz [2]
Birth date
1927-08-24 [2]
Birthplace
Chicago, IL, USA [2]
Education
University of Chicago; Carl Schurz High School [3]
Fields / occupation
economist [3]
Prize
Economic Sciences · 1990 [2]
Research recognized
for their pioneering work in the theory of financial economics [2]
Prize share
1/3 [2]
Affiliation at the award
City University of New York [2]
Death date
2023-06-22 [2]
Institutions in career record
University of Tokyo; University of California, San Diego; RAND Corporation [3]

Research, education and career background

Harry Max Markowitz (August 24, 1927 – June 22, 2023) was an American economist who received the 1989 John von Neumann Theory Prize and the 1990 Nobel Memorial Prize in Economic Sciences. [4]

Markowitz was a professor of finance at the Rady School of Management at the University of California, San Diego (UCSD). He is best known for his work in modern portfolio theory, studying the effects of asset risk, return, correlation and diversification on probable investment portfolio returns. [4]

Selected introductory text by Wikipedia contributors — Harry Markowitz, under CC BY-SA 4.0. Official facts are cited separately.

Award and academic affiliation

The official Nobel record dates the Economic Sciences award to 1990 and lists City University of New York as the affiliation at the time. [2]

An affiliation attached to an award describes that point in the person’s career; it does not establish a current appointment. [2]

Education and career timeline

  1. Birth date recorded in the official Nobel biography. [2]

  2. Economic Sciences award announced. [2]

  3. Death date recorded in the official Nobel biography. [2]

Source-supported connections

Harry M. Markowitz → Affiliation at the 1990 award → City University of New York [2]

Frequently asked questions

When did Harry M. Markowitz receive the prize in Economic Sciences?

The official award record gives the year as 1990. [2]

Which institution was Harry M. Markowitz affiliated with at the time of the Economic Sciences award?

City University of New York. This is the award-time affiliation. [2]

RELATION MAP

Harry M. Markowitz connection map

Drag to rotate · Scroll to zoom
Harry M. Markowitz

Select a node to inspect the relationship and source.

Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.

Sources and review dates

  1. Nobel Prize — official biography and award record ↗
  2. Nobel Prize — official biography and award record ↗
  3. Wikidata background facts (CC0) ↗
  4. Wikipedia contributors — Harry Markowitz (CC BY-SA 4.0) ↗

Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.

Content preparation: source-based compilation with AI assistance. See methods and attribution. Named sources identify the underlying records; no individual expert review is claimed.