Mitch McConnell Net Worth 2018

Who is Mitch McConnell and what is his net worth 2018? Mitch McConnell is a veteran of the Senate and a conservative Republican. In 1984 McConnell won a seat in the senate. From 1995 to 1997 McConnell chaired the Senate ethics committee and from 1999 to 2001 he chaired the rules and administration committee. McConnell has recently been in the news for his strong opposition to the McCain-Feingold finance reform bill.

Let us take a deeper look at his income and wealth and Let’s find out some more info about Mitch McConnell’s income profile and how did he make a great net worth.

Mitch McConnell Net Worth

Early Life

On 20th February 1942, Mitch McConnell was born to Addison Mitchell McConnell and Julia McConnell in Sheffield, Alabama. McConnell has an English and Scots-Irish decent. At the age of 2 McConnell had polio but fortunately his very expensive treatment at the Warm Springs Institute in Georgia saved him from becoming disabled for the rest of his life. McConnell attended the duPont Manual High School.

In 1964 McConnell graduated with a B.A. in political science from the University of Louisville. McConnell is also a graduate from the University of Kentucky, College of Law. McConnell was the president of the Student Bar Association and a member of the Phi Kappa Tau fraternity in the College of Arts and Sciences, University of Louisville.

From 1968 to 1980 McConnell was married to his first wife, Sherrill Redmon who is a scholar at Smith College and director of the Sophia Smith Collection. They together have three children. In 1993, McConnell married his second wife, Elaine Chao who was the former Secretary of Labor under George W. Bush. McConnell is a Baptist and a Southerner.

Career

McConnell began his career as Deputy U.S. Attorney for Legislative Affairs from 1974 to 1975. From 1979 to 1985, McConnell served as the judge-executive of Jefferson County, Kentucky. He was first elected to the Senate in 1984. From 1985 to present he is the U.S. Senator from Kentucky. At the U.S. Senate, McConnell is a Republican from the state of Kentucky. He is also the Senate Majority Leader. After the 2014 elections McConnell was unanimously elected as the new Senate Majority Leader by Republicans. Since January 2015, McConnell has assumed that role.

At the very competitive general elections McConnell won against David Patterson and Alison Lundergan Grimes. McConnell votes on majority of bills in the Congress as an average Republican member.

As of 2016 Mitch McConnell has the highest disapproval rate among all senators. McConnell has the lowest home state approval rating of any current senator. Unlike most politicians McConnell has enjoyed and cultivated the tag of being a villain in the Senate. McConnell is reputed as being the major obstructionist during the Obama regime.

Net Worth of Mitch McConnell

The net worth of Mitch McConnell is $22.5 million. McConnell is the richest member from Kentucky and he is one of the richest members of the Congress. His wealth goes to show the enormous influence he enjoys in the Senate. In 1985, as a senator McConnell earned $75,100 and as of 2009 McConnell earns $193,400. McConnell salary is 8.1x higher than an average senator and 2x higher than an average member of the Congress. Additionally, McConnell’s net worth is 5.8x higher than an average Kentucky Congressional Delegation. Every year McConnell salary has increased and it is due to his skill as an excellent diplomat and politician. However, contrary to popular belief McConnell donates $5,100 a year to a unknown charity.

Mitch McConnell is a shrewd and successful politician. His opinions are respected and his decisions matter in the Congress and the Senate. McConnell’s net worth is a testimony to his power in the political circle. His net worth also suggests that he has some powerful friends.