Myron Scholes
Economist and Nobel Prize laureate
Born in 1941, an economist contributed significantly to the development of financial economics. Co-created the Black-Scholes model for option pricing, which transformed financial markets and investment strategies. Served as a professor at various universities, including Stanford University and the University of Chicago. Played a pivotal role in the evolution of derivatives trading and risk management.
Developed the Black-Scholes option pricing model
Received the Nobel Prize in Economic Sciences in 1997
Other People Born on July 1st
David Duke
American white supremacist politician
Born
July 1st, 1950 75 years ago
A prominent figure in the white supremacist movement, involved in the Ku Klux Klan as a Grand Wizard. Entered politics, campaigning for various offices, including the U.S. House of Representatives and Louisiana Governor. Advocated for controversial views on race and immigration, often drawing strong criticism. Founded the National Association for the Advancement of White People, promoting a white nationalist agenda. Authored several books detailing his beliefs and perspectives on race.
Continue ReadingSydney Pollack
Film Director, Producer, and Actor
Born
July 1st, 1934 91 years ago
Died
May 26th, 2008 18 years ago — 73 years old
A prolific film director, producer, and actor, with a career spanning several decades in the entertainment industry. Directed prominent films such as 'Out of Africa', which won multiple Academy Awards, and 'Tootsie', which received critical acclaim. Acted in notable films including 'The Way We Were' and 'Jeremiah Johnson'. Worked as a producer on various significant projects throughout the career.
Continue ReadingArthur Borton
English colonel, Victoria Cross recipient
Born
July 1st, 1883 142 years ago
Died
1933 93 years ago — 50 years old
An English colonel served during World War I and received the Victoria Cross for gallantry during action in 1917. Borton demonstrated exceptional bravery and leadership that led to significant contributions to military operations. After the war, continued service in the armed forces marked a commitment to duty and country. Recognized for extraordinary courage under fire, the actions during combat earned a distinguished place in military history.
Continue ReadingSavvy Shields
Beauty Queen, Miss America 2017
Born
July 1st, 1995 30 years ago
A contestant earned the title of Miss America in 2017, representing the state of Arkansas. Actively participated in advocacy for mental health awareness during her reign. Competed in various local and state pageants prior to winning the national title. Received accolades for performance during the talent portion of the competition, showcasing skills in dance.
Continue ReadingJack Dyer Crouch II
American diplomat, Deputy National Security Advisor
Born
July 1st, 1958 67 years ago
Served as Deputy National Security Advisor under President George W. Bush from 2005 to 2007. Played a key role in shaping U.S. national security policy during a time of significant global challenges. Held the position of Assistant Secretary of Defense for International Security Policy from 2001 to 2005. Worked at the National Security Council during the administration of President Ronald Reagan. Engaged in various diplomatic efforts and policy initiatives that influenced U.S. relations with key allies and adversaries.
Continue ReadingRod Gilbert
Ice Hockey player with the New York Rangers
Born
July 1st, 1941 84 years ago
Died
August 22nd, 2021 4 years ago — 80 years old
An ice hockey player played for the New York Rangers in the National Hockey League (NHL). Garbbed the franchise's all-time scoring leader with 1021 points. Played in 1,065 regular season games and participated in seven NHL All-Star games. Gilbert's contributions extended beyond the ice as he engaged in philanthropic efforts and community service, supporting various charities.
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