Robert C. Merton
Economist and Nobel Prize laureate
Significant contributions to financial economics. Developed the Black-Scholes model for option pricing alongside Fischer Black and Myron Scholes, earning a Nobel Prize in Economic Sciences in 1997. Contributed to the development of risk management techniques and dynamic asset allocation strategies. Held academic positions at renowned institutions, including Massachusetts Institute of Technology and Harvard University. Published numerous influential papers and books in finance, shaping the understanding of derivative instruments and market behavior.
Developed the Black-Scholes option pricing model
Received the Nobel Prize in Economic Sciences in 1997
Other People Born on July 31st
Kyle Larson
Race car driver, 2021 NASCAR champion
Born
July 31st, 1992 33 years ago
This race car driver competed in NASCAR and established a reputation in dirt racing. Achieved significant success in the NASCAR Cup Series, winning the 2021 NASCAR Cup Series Championship. Recorded multiple wins in various prestigious NASCAR events. Also participated in open-wheel racing, demonstrating versatility and skill in different racing disciplines.
Continue ReadingLinus Ullmark
Ice Hockey Goaltender, Vezina Trophy Winner
Born
July 31st, 1993 32 years ago
A professional ice hockey goaltender, recognized for playing in the NHL, primarily with the Boston Bruins. Ullmark began his career in Sweden before transitioning to North America, where he played for teams like the Buffalo Sabres. In the 2022-2023 season, Ullmark achieved notable success, contributing significantly to his team's performance. His skills in the net earned him accolades, culminating in winning the Vezina Trophy, awarded to the league's top goaltender.
Continue ReadingWill Champion
English drummer for Coldplay
Born
July 31st, 1978 47 years ago
Born in 1978 in Southampton, a drummer played in the band Coldplay, which achieved significant commercial success and critical acclaim. The band formed in 1996 and gained popularity with the release of the album 'Parachutes' in 2000. Major hits include 'Yellow', 'Fix You', and 'Viva La Vida'. The group received numerous awards, including multiple Grammy Awards and Brit Awards. In addition to drumming, contributed to songwriting and vocals, expanding the band's sound and musical range. Continued to tour internationally and release successful albums, solidifying the band's place in the music industry.
Continue ReadingJohn Canton
English physicist and academic researcher
Born
July 31st, 1718 307 years ago
Died
March 22nd, 1772 253 years ago — 53 years old
An English physicist and academic contributed significantly to the field of experimental physics. Best remembered for inventing the electrometer, which measured electric charge and helped advance the understanding of electricity. Served as a professor at the Royal Academy, where teachings included topics on natural philosophy and electrical experiments. Conducted experiments on heat conduction and published numerous papers on the behavior of electrified bodies.
Continue ReadingS. S. Kresge
Businessman, founder of Kmart
Born
July 31st, 1867 158 years ago
Died
1966 59 years ago — 99 years old
Founder of Kmart, a discount store chain, established Kresge & Company in 1899. Expanded the business into a national chain, which became a significant competitor in the retail market. Kmart revolutionized discount retailing by offering a wide range of products at lower prices. The first Kmart store opened in 1962, marking the company as a key player in the retail industry.
Continue ReadingAlan Autry
Football player and Mayor of Fresno
Born
July 31st, 1952 73 years ago
Played quarterback in the National Football League for the Green Bay Packers and the Buffalo Bills. Transitioned to acting with a prominent role in the CBS series 'In the Heat of the Night'. Served as the 23rd Mayor of Fresno, California from 2001 to 2009. Engaged in various community projects and initiatives during tenure as mayor.
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