Born in Brooklyn, Ron Chernow studied at Yale and Cambridge before beginning a career as a freelance journalist. From 1973 to 1982, he published more than 60 articles in national publications. In the mid-1980s, he began work at the Twentieth Century Fund, a think tank based in New York City, where he was director of financial policy studies.
His first book, The House of Morgan, won the National Book Award for nonfiction. The Warburgs, his account of the German-Jewish banking family, was awarded the George S. Eccles Prize for Excellence in Economic Writing. Titan: The Life of John D. Rockefeller, Sr was selected by Time magazine and The New York Times as one of the year's ten best books, and Alexander Hamilton won the inaugural George Washington Book Prize for early American history. He has also published a collection of essays, The Death of the Banker, which chronicles "the decline and fall of the great financial dynasties and the triumph of the small investor."
From 2006-2007 he was president of PEN American Center.
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