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Mitch McConnell Net Worth

Emmy Wallin

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Mitch McConnell Net Worth

What is Mitch McConnell’s net worth? 

Net Worth:$35 Million
Age:79
Born:February 20, 1942
Country of Origin:United States of America
Source of Wealth:Politician
Last Updated:2021

Introduction 

Mitch McConnell is an American politician.

McConnell is a member of the Republican Party, and he has served since 1985. He has also served as Senate Majority Leader from 2015 to 2021. He was first elected to the U.S Senate in 1984 and is the second Kentuckian to serve as a party leader in the Senate.

As of 2021, Mitch McConnell’s net worth is estimated to be roughly $35 million. 

 

Early Life 

Addison Mitchell McConnell Jr. was born on the 20th of February, 1942, in Alabama. He grew up in nearby Athens, Alabama. He is of Scots-Irish and English descent. One of his ancestors fought on the American side in the American Revolutionary War.

In 1944, McConnell’s upper left leg was paralyzed from a polio attack. He received treatment at the hospital. The treatment saved him from being disabled for the rest of his life. In 1977, McConnell earned his first elected seat as judge-executive of Kentucky’s Jefferson County. 

 

Career 

McConnell interned for Senator John Sherman and was later the assistant to Senator Marlow Cook. He won the Kentucky U.S. Senate seat in 1984 by a thin margin, representing the Republican party.

He was later re-elected in 1990, 1996, 2002, 2998, and 2014. For many years under Barack Obama, McConnell was the Minority Leader of the Senate. When the Senate flipped, he became the Majority Leader. He is the longest-serving United States Senator in the history of Kentucky. 

McConnell was married to Sherrill Redmon from 1968 to 1980. They have three children together. He later married Elaine Chao in 1993. Elaine served as Secretary of Labor under George W. Bush. 

Elaine’s father is a successful Chinese-American shipping magnate. He founded the Foremost Group. The company operates a fleet of 33 ships. Foremost is worth an estimated $1.2 billion before debt. After debt and investments from China’s Export-Import Bank and Taiwan’s First Commercial Bank. 

In 2007, McConnell’s net worth was $3 million. In 2007, after receiving an inheritance, estimated at $5 -25 million, following Elaine’s mother’s death, Mitch and Elaine’s personal net worth jumped to $12.7 million.

As of 2021, Mitch McConnell’s net worth is estimated to be roughly $35 million. 

 

Highlights

Here are some of the best highlights of Mitch McConnell’s career:

  • Time listed McConnell as one of the 100 most influential people in the world (2015 and 2019) 
  • Served as United States senator for Kentucky (1985 – 2021)

 

Favorite Quotes from Mitch McConnell 

“What we do know is that the American people, regardless of how they feel about the abortion issue, don’t think that taxpayer money ought to be used to pay for abortions.” – Mitch McConnell

“Are we still a country that takes risks, that innovates, that believes anything is possible? Or are we a country that is resigned to whatever liberty the government decides to dish out?” – Mitch McConnell

“The White House has a choice: They can change course, or they can double down on a vision of government that the American people have roundly rejected.” – Mitch McConnell

“We hear the stories every day now: the father who puts on a suit every morning and leaves the house, so his daughter doesn’t know he lost his job, the recent college grad facing up to the painful reality that the only door that’s open to her after four years of study and a pile of debt is her parents’. These are the faces of the Obama economy.” – Mitch McConnell

“The president feels not only do we need to change these rogue regimes, but even our friendly allies, who really basically have, sort of, benign dictatorships, need to get with the program if they want to have long-term security and prosperity from terrorism.” – Mitch McConnell

“The bill that job creators and out-of-work Americans need us to pass is the one that ensures taxes won’t go up – one that says Americans and small-business owners won’t get hit with more bad news at the end of the year.” – Mitch McConnell

 

3 Political Lessons from Mitch McConnell

Now that you know all about Mitch McConnell’s net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

 

1.  Personalities 

No matter how unusual a personality maybe who gets elected to office, there are constraints in this country. You don’t get to do anything you want to.

 

2.  The Issues 

Only one thing can save America, and that’s to get a handle on the deficit and debt issues.

 

3. Democrats 

Democrats not only have the White House; they have the Senate too. People have to be realistic about what they can and cannot achieve, while at the same recognizing that realism should never be confused with capitulation.

 

Summary 

Mitch McConnell is an American politician who has serves as Senate Minority Leader from 2007-2011 and then-Majority leader beginning in 2015. McConnell was born in Sheffield, Alabama, in 1942. He graduated with honors with a degree in political science from the University of Louisville.

He was the president of the Student Council of the College of Arts and Sciences. In 1967 he graduated from the Kentucky College of Law. 

As of 2021, Mitch McConnell’s net worth is estimated to be roughly $35 million. 

What do you think about Mitch McConnell’s net worth? Leave a comment below. 

Emmy Wallin is a writer for Wealthy Gorilla. She is a young Swedish girl from Uppsala, who is currently traveling around the world. Emmy has a big passion for helping others and motivating people. Emmy has been studying celebrities careers, biographies, lifestyles, and net worths for over 3 years. She is the face behind the net worth profiles here on Wealthy Gorilla.

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