American politician Mitch Mcconnell net worth & earnings

American politician Mitch Mcconnell net worth & earnings

Addison Mitchell McConnell III is an American politician and retired attorney who has served as Senate Minority Leader since 2021 and as the senior US senator representing Kentucky since 1985. He previously served as Senate Majority Leader from 2015 to 2021 and as Minority Leader from 2007 to 2015. He is a Republican. Mitch McConnell, the longest-serving Republican leader in Senate history, is one of the most powerful figures in his party and the United States government at the age of 79. Come down to learn everything there is to know about Mitch Mcconnell net worth and earnings:

Mitch Mcconnell net worth, earnings: How much he earned from his entire career?

Mitch Mcconnell net worth
American politician and retired attorney Mitch Mcconnell Source: nbcnews

Mitch Mcconnell net worth may surprise you. He is said to have amassed a significant fortune as a result of his successful political career. Mitch Mcconnell has a net worth of about $35 million dollars. McConnell is a Republican who has served in the Senate since 1985. From 2015 to 2021, he was also the Senate Majority Leader. He was elected to the United States Senate for the first time in 1984, and he is the second Kentuckian to serve as the Senate’s majority leader.

McConnell’s net worth was $3 million in 2007. Mitch and Elaine’s personal net worth increased to $12.7 million in 2007 after receiving an inheritance estimated at $5-25 million following Elaine’s mother’s death. He had worked tirelessly for the majority of his life to establish his career, and we suppose that his efforts were rewarded.

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Who is Mitch Mcconnell second wife  Elaine Chao? When did the couple marry? Her net worth

Mitch Mcconnell wife
Mitch Mcconnell with second wife  Elaine Chao Source: town and country

Porter, Eleanor (Elly), and Claire were his three daughters from his first marriage to Sherrill Redmon, which lasted from 1968 to 1980. Sherrill became a feminist researcher at Smith College and the director of the Sophia Smith Collection after her divorce from McConnell.

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Elaine Chao is his second wife, whom he married in 1993. Elaine Chao was born in Taiwan in 1953 and arrived in the United States on a cargo ship when she was eight years old. She did not speak English at the time. She’s held high-ranking posts in government, finance, and the nonprofit sector since then, most notably as President Trump’s Secretary of Transportation until she resigned in the aftermath of the pro-Trump riot at the Capitol. On January 6, 2021, Chao resigned during a riot at the Capitol. 

“The biggest asset I have by far is the only Kentucky woman who served in a president’s cabinet, my wife, Elaine Chao,” McConnell said at a Fancy Farm GOP political picnic in August 2014

The couple Mitch and Elaine net worth

According to Forbes, the couple is now worth around $30 million. It is, nevertheless, still expanding. The stock market is still soaring, and Chao has returned to the private sector. She was elected to the boards of directors of two companies in August: electric truck maker Hyliion and grocery behemoth Kroger, where she has already begun to receive stock compensation. Meanwhile, her father, who is 93 years old, is still living. When he dies, Chao and McConnell may receive another infusion of money.

Mitch Mcconnell net worth increased in 2007 as a result of a family inheritance.

McConnell was paid around $140,000 per year on Capitol Hill, while Chao was paid roughly $180,000 per year as Bush’s labor secretary. Mitch and Chao’s fortunes were largely stable until 2008, when they suddenly became a lot wealthier.

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He was named one of the wealthiest members of the US Senate by the Open Secrets website in 2018, with a net worth of more than $25 million. After receiving a $5–25 million personal gift from his father-in-law James S. C. Chao after the death of McConnell’s mother-in-law in 2008, his personal wealth increased.

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