Liz Cheney is an American politician and attorney who is the daughter of former Vice President Dick Cheney and the U.S. Representative for Wyoming’s at-large congressional district.
She is also a prominent figure in the Republican Party, having served as the Chair of the House Republican Conference from 2019 to 2021.
But how much is Liz Cheney worth?
In this article, we will reveal her net worth estimate, her sources of income, her assets and liabilities, and how she compares with other politicians.
Liz Cheney Net Worth Estimate
According to different sources, Liz Cheney’s net worth ranges from $5 million to $8 million as of 2022.
This makes her one of the wealthiest members of Congress, ranking among the top 50 richest lawmakers in 2020.
However, her net worth is significantly lower than her father’s, who has an estimated net worth of $100 million.
Liz Cheney Sources of Income
Liz Cheney’s main source of income is her salary as a member of Congress, which is $174,000 per year.
She has been serving as the U.S. Representative for Wyoming’s at-large congressional district since 2017, winning three consecutive elections with more than 60% of the vote.
Before becoming a congresswoman, Liz Cheney worked for various government agencies and private firms.
She was a deputy assistant secretary of state for Near Eastern affairs from 2002 to 2004 and a principal deputy assistant secretary of state for Near Eastern affairs from 2005 to 2006 under President George W. Bush.
She also worked as a special assistant to the deputy secretary of state for assistance to the former Soviet Union and as a U.S. Agency for International Development officer in Budapest and Warsaw.
After leaving the State Department, Liz Cheney joined Armitage Associates, a consulting firm founded by former deputy secretary of state Richard Armitage, as a senior fellow.
She also co-founded Keep America Safe, a nonprofit organization that advocated for a strong national defense and foreign policy.
Liz Cheney husband net worth
Liz Cheney’s husband, Philip Perry, is also a source of income for the family.
Perry is a partner at Latham & Watkins, a prestigious law firm that has advised clients such as Tencent Music Entertainment Group (TME), Exelon Corporation, and Pfizer.
Perry has an equity ownership in the firm worth between $1 million and $5 million.
Liz Cheney Assets and Liabilities
According to her financial disclosure reports, Liz Cheney has several assets and liabilities that contribute to her net worth. Her assets include bank accounts, retirement accounts, mutual funds, stocks, bonds, real estate properties and royalties.
Her liabilities include mortgages, loans and credit card debts.
Assets
- A house in McLean, Virginia, valued at $1.5 million to $5 million.
- A house in Wilson, Wyoming, valued at $1 million to $5 million.
- A 50% interest in a ranch in Banner County, Nebraska, valued at $500,000 to $1 million.
- Royalties from Simon & Schuster for her books Exceptional: Why the World Needs a Powerful America (2015) and In My Time: A Personal and Political Memoir (2011), co-authored with her father.
- Stocks in companies such as Apple, Amazon, Chevron, ExxonMobil, Facebook, Google and Pfizer.
Liabilities
- A mortgage on her McLean house for $1 million to $5 million.
- A mortgage on her Wilson house for $500,000 to $1 million.
- A loan from Bank of America for $100,000 to $250,00011.
- A credit card debt from American Express for $15,000 to $50,000.
Liz Cheney has invested in various companies and funds through her brokerage accounts at Citibank and Vanguard.
Some of her investments include BlackRock, iShares, SPDR, Invesco, Schwab, Fidelity, and American Funds.
She also owns shares of Citigroup Inc., Exxon Mobil Corp., Johnson & Johnson, Microsoft Corp., Procter & Gamble Co., Starbucks Corp., Verizon Communications Inc., and Walmart Inc.
Liz Cheney has incurred legal fees and campaign expenses over the years.
In 2014, she paid $289,000 to Perkins Coie LLP for legal services related to her aborted Senate bid against Mike Enzi.
A few years later in 2020, she spent $3 million on her reelection campaign for the House seat.
Here is a Summary of Liz Cheney’s Investments and Properties:
| Fact | Details |
|---|---|
| Investments | Liz Cheney has invested in companies and funds through Citibank and Vanguard, including BlackRock, iShares, SPDR, Invesco, Schwab, Fidelity, and American Funds. She also owns shares in Citigroup Inc., Exxon Mobil Corp., Johnson & Johnson, Microsoft Corp., Procter & Gamble Co., Starbucks Corp., Verizon Communications Inc., and Walmart Inc. |
| Real Estate | Liz Cheney owns a house in Wilson, Wyoming worth between $1 million and $5 million, and a townhouse in McLean, Virginia worth between $500,000 and $1 million. |
| Mortgages and Loans | She has mortgages and loans on both properties totaling between $750,000 and $1.5 million. |
| Legal Fees and Campaign Expenses | In 2014, she paid $289,000 to Perkins Coie LLP for legal services related to her aborted Senate bid against Mike Enzi. In 2020, she spent $3 million on her reelection campaign for the House seat. |
Liz Cheney Net Worth Comparison
Liz Cheney’s net worth of $5 million to $8 million places her among the richest members of Congress, but far below some of her colleagues.
For instance, Senator Kelly Loeffler of Georgia had an estimated net worth of $800 million in 2020, making her the wealthiest member of Congress at the time.
Other members of Congress with higher net worths than Cheney include Senator Mark Warner of Virginia ($214 million), Representative Nancy Pelosi of California ($114 million), Representative Greg Gianforte of Montana ($135 million) and Representative Don Beyer of Virginia ($31 million).
Liz Cheney’s net worth also pales in comparison with some of the richest politicians in the world.
For example, President Vladimir Putin of Russia is estimated to have a net worth of $70 billion[5], President Xi Jinping of China is estimated to have a net worth of $12 billion[6], and Prime Minister Narendra Modi of India is estimated to have a net worth of $250,000.
However, Liz Cheney’s net worth is higher than some of the poorest politicians in the world.
For instance, President Jair Bolsonaro of Brazil has a net worth of $400,000[8], President Andrés Manuel López Obrador of Mexico has a net worth of $314,000, and Prime Minister Jacinda Ardern of New Zealand has a net worth of $800,000.
Liz Cheney’s net worth compared to other politicians:
| Politician | Net Worth |
|---|---|
| Liz Cheney (U.S.) | $5 million to $8 million |
| Kelly Loeffler (U.S.) | $800 million |
| Mark Warner (U.S.) | $214 million |
| Nancy Pelosi (U.S.) | $114 million |
| Greg Gianforte (U.S.) | $135 million |
| Don Beyer (U.S.) | $31 million |
| Vladimir Putin (Russia) | $70 billion |
| Xi Jinping (China) | $12 billion |
| Narendra Modi (India) | $250,000 |
| Jair Bolsonaro (Brazil) | $400,000 |
| Andrés Manuel López Obrador | $314,000 |
| Jacinda Ardern (New Zealand) | $800,000 |
Conclusion
Liz Cheney is an influential and wealthy politician who has served as a U.S. representative for Wyoming and as the chair of the House Republican Conference.
She has earned her fortune from her salary as a congresswoman, her previous work in the government and private sector, her book royalties and her investments.
She has also inherited some wealth from her family.
Her net worth is estimated to be between $5 million and $8 million as of 2022.
References
In this article, we have explored the net worth of Liz Cheney, one of the most prominent and controversial figures in American politics.
We have learned about her sources of income, her assets and liabilities, and how she compares with other politicians in terms of wealth.
We have also seen how her net worth reflects her political career, her family background, and her views on national security and foreign policy.
Liz Cheney is a fascinating and influential personality who has shaped the course of history in many ways.
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