Mitch McConnell Net Worth

Net Worth$30 Million
Date of Birth20 February 1942
ProfessionPolitician
NationalityAmerican
Last Updated2020

Introduction: 

Mitch McConnell Net Worth, How did the American politician amass such wealth? Check this article to find out more about Mitch McConnell Net Worth and his career.

Mitch McConnell Net Worth

Mitch McConnell Early Life 

Mitch McConnell is an American politician. He was married to Sherrill Redmon from 1968 to 1980. They had three children together. He married Elaine Chao in 1993.

Mitch McConnell Career

Addison Mitchell McConnell Jr. was born in Sheffield, Alabama in February 1942. He graduated with honors with a degree in political science from the University of Louisville in 1964. He is a Republican Senator from Kentucky who served as Senate Minority Leader from 2007-2011 and then Majority leader beginning in 2015. 

He is also a lawyer who graduated from the Kentucky College of Law in 1967. Mitch was the president of the Student Council of the College of Arts and Sciences. He was also president of the Student Bar Association and a graduate of the University of Kentucky College of Law. 

Mitch interned for Senator John Sherman and was later and assistant to Senator Marlow Cook, as well as being a Deputy Assistant Attorney General under President Ford. He won the Kentucky U.S. Senate seat in 1984 by a thin margin, representing the Republican party. 

He was re-elected in 1990, 1996, 2002, 2008, and 2014. Since 2007 McConnell has been the Minority Leader of the Senate. He is also the longest serving United States Senator in the history of Kentucky. His conservative views earned him a perfect score from the American Conservative Union.

Mitch’s wife ‘Elaine’ served as Secretary of Labor under George W. Bush and Secretary of Transportation under Donald Trump. Elaine’s father James S. C. Chao is an extremely successful shipping Chinese-American magnate. James founded the Foremost Group, a New York-based shipping company which operates a fleet of 33 ships. 

Elaine has one younger sibling, a sister named Angela, who serves as CEO.

Mitch McConnell Net Worth

As of today, Mitch McConnell Net Worth is $30 Million. Mitch McConnell Net Worth is earned from his career as a politician.

The Foremost Group 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, the Chao family’s stake in Foremost is worth an estimated $600 million. 

Before 2007, Mitch’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. Their net worth currently tops $33 million, making Mitch one of the richest members of Congress.

Summary: 

Addison Mitchell McConnell Jr. is an American politician. He is a Republican Senator from Kentucky who served as Senate Minority Leader from 2007-2011 and then Majority leader beginning in 2015. 

He is also the longest serving United States Senator in the history of Kentucky. 

As of 2020, Mitch McConnell’s net worth is $30 Million.

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