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Richard Shelby Net Worth

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Richard Craig Shelby's Net Worth as of 2024
$20 Million

Born Richard Craig Shelby on the 6th May 1934 in Birmingham, Alabama USA, Richard is a politician and lawyer, best known as the senior Senator from Alabama. He has been a member of the Republican Party since 1994, while before that year he was a Democrat. His career started in the early ‘60s.

Have you ever wondered how rich Richard Shelby is, as of mid- 2017? According to authoritative sources, it has been estimated that Shelby’s net worth is as high as $20 million, an amount earned through his successful legal and political careers.

Richard Shelby Net Worth $20 Million

Richard is the son of Ozie Houston Shelby and his wife Alice, and grew up in his hometown. After finishing high school, Richard enrolled at the University of Alabama, and after graduation entered the Birmingham School of Law. In 1961 he was the recipient of the Juris Doctor degree, and the same year was accepted into the Alabama State Bar. Two years later, he obtained an LL.B degree from the University of Alabama.

Richard then became city prosecutor in Tuscaloosa, Alabama, and served in the position until 1971, and from 1966 he became a US Magistrate for the Northern District of Alabama, a position he held for the next four years, while from 1969 to 1971 he also served as a Special Assistant State Attorney General.

His political career started in 1970, when he was elected to the Alabama Senate and was a member until 1978, being re-elected twice. Although a democrat, he was more conservative than the original democrats, and as a result, he joined a group of moderate to conservative-leaning Democrats, called boll weevils, which often collaborated with President Ronald Reagan on defense issues.

From 1978-87 he was a member of the US House of Representatives, switching to the Senate after winning election in 1986 for the Democratic nomination, and in 1992 was re-elected to the US Senate from Alabama. However, in 1994 he switched sides as he joined the Republicans, and since then has been a member of the Republican Party, and has held several positions, including the Chair of the Senate Intelligence Committee from 1992 until 2001, then Chair of the Senate Banking Committee from 2003 to 2007, and again from 2015 to 2017, followethed by Chair of the Senate Rules Committee, a position he assumed on the 3rd January 2017, all of which have contributed to his wealth.

Thanks to his successful career, several educational buildings are named for Richard, including the The Shelby Hall Research Center at the University of Alabama, Tuscaloosa, The Richard C. and Annette N. Shelby Interdisciplinary Biomedical Research Building at the University of Alabama at Birmingham, and The Senator Richard C. and Dr. Annette N. Shelby Center for Engineering Technology, among others.

Regarding his personal life, Richard has been married to Annette Nevin since 1960; the couple has three children together.

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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Politicians

Paul Begala Net Worth

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Born Paul Edward Begala on the 12th May 1961, in New Jersey USA and is a politician, a member of the Democratic Party, best known to the world as an adviser to former President Bill Clinton, and he also served as a chief strategist during the 1992 Clinton-Gore campaign. He has recorded numerous television appearances, in such political shows as “Crossfire” (2004-2014), “Real Time with Bill Maher” (2008-2017), and “Erin Burnett OutFront” (2012-2017), among many others.

Have you ever wondered how rich Paul Begala is, as of mid- 2017? According to authoritative sources, it has been estimated that Begala’s net worth is as high as $3 million, an amount earned through his successful career in politics, which has been active since the late ‘80s

Paul Begala Net Worth $3 Million

Paul is of mixed ancestry; his mother, Margaret is Irish American, while his father, David is a Hungarian American. Although born in New Jersey, Paul grew up in Missouri Texas, since his father was stationed there as oil-field equipment salesman. He went to Dulles High School, located in Sugar Land, Texas, and after matriculation enrolled at the University of Texas at Austin, from which he received a Bachelor of Arts degree and then Juris Doctor degree.

Following the end of his studies, Paul commenced a political career, and worked for Robert Casey during his gubernatorial career in Pennsylvania in 1986, then the following year had success with Wallace G. Wilkinson in Kentucky, and in 1988 re-election campaign of incumbent New Jersey US Senator Frank Lautenberg.

In 1992, he teamed up with James Carville, who was also his business partner, in managing the Clinton-Gore presidential campaign that year – during Clinton’s presidency, Paul worked as his advisor and was responsible for policy, politics and communication.

Thanks to his rise in power, Paul started using his influence and could often be seen on television during the ‘90s and early 2000s. In 1992 he hosted the show “Equal Time”, then featured in the documentary “The War Room”, and in 1994 made his first appearance on “Late Night with Conan O’Brien”. As Clinton’s political career improved, he was more focused on running his campaigns, but since the 2000s, Paul’s focus changed and he would use his knowledge to work as a political analyst for several television networks, including MSNBC, CNN and others. Some of his most notable appearances include the show “Crossfire” (2004-2014) on CNN, then “At This Hour” (2016-2017) also on CNN, “The Colbert Report” (2006-2010) on Comedy Central, and “The Lead with Jake Tapper” (2016-2017), among many other differing appearances, which also increased his wealth.

Paul is also a recognized author, so far publishing three books on his own, “Is Our Children Learning?: The Case Against George W. Bush” (2000), “It’s Still the Economy, Stupid: George W. Bush, The GOP’s CEO” (2002), and “Third Term: Why George W. Bush (Hearts) John McCain” (2008), the sales of which have contributed to his wealth. Furthermore, he has co-authored two books with James Carville “Buck Up, Suck Up… and Come Back When You Foul Up: 12 Winning Secrets from the War Room” (2002), and “Take It Back: Our Party, Our Country, Our Future” (2006), further increasing his wealth.

Regarding his personal life, Paul has been married to Diane Friday since 1989; the couple has four sons, and the Begala family resides in Virginia.
Paul is a devout Roman Catholic.

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Politicians

Vern Buchanan Net Worth

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Born Vernon Gale Buchanan on the 8th May 1951 in Detroit, Michigan USA, he is a businessman and politician, a member of the Republican Party, best known to the world for serving as a representative of Florida’s 16th congressional district since 2007.

Have you ever wondered how rich Vern Buchanan is, as of mid- 2017? According to authoritative sources, it has been estimated that Buchanan’s net worth is as high as $44 million, an amount earned through his successful careers.

Vern Buchanan Net Worth $44 Million

Vern is of part-Finnish ancestry since his maternal grandparents immigrated from the country to the USA. He grew up in Detroit with his five siblings. After high school matriculation, Vern enlisted into the Michigan Air National Guard where he spent the next six years. However, he was also focused on his education, attending Cleary University, from which he graduated with a bachelor’s degree in business administration. He didn’t stop there as he obtained a Masters’ degree in business administration from the University of Detroit.

Before he had any political aspirations, Vern used his knowledge in business to launch a career as a businessman. Back in 1976 he teamed up with an owner of a Michigan printing company and promised him that he would help develop his business. The two started the American Speedy Printing, and in no time the company opened over 730 stores in 44 states. Unfortunately, Vern’s business acumen wasn’t all legal, and as a result the firm went bankrupt, while he himself had to pay $1.5 million to Michigan Corporation Act.

Regardless, he continued his career as he bought a Honda and Acura dealership in Ocala, Florida, developed his career as a car salesman and expanded his kingdom to two more car dealerships. He was quite successful as a car salesman until 2005, when he decided to change his focus to politics and as a result, sold the majority in his car dealerships.

Aside from having success with car dealerships, Vern also has two reinsurance companies in his ownership, Jamat Reinsurance Co., and Buchanan Reinsurance Co., and used these companies to provide extended warranty policies to his car buyers.

His political aspirations began to appear in 2006 when he ran in the 13th congressional district in Florida to replace incumbent Republican Katherine Harris. Vern was the winner of Republican primaries, defeating his Republican opponents Nancy Detert, and Tramm Hudson. And in the general elections, Vern was put up against Christine Jennings, just winning with 50.08% of the votes.

Vern was sworn in as Representative for Florida’s 13th Congressional District on 3 January 2007 and since then has been re-elected three more times quite easily, although his position changed as he became the Representative for Florida’s 16th district, as there has been a change in numbering Florida’s districts.

Regarding his personal life, Vern has been married to Sandra since 1976, with whom he has two children.

Vern is also quite active in the community; he has supported numerous nonprofit organizations, including Boys and Girls Club, the Community Foundation of Sarasota County, the American Heart Walk, the Walk to Cure Juvenile Diabetes and many more.

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