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“From humble beginnings to becoming one of the most powerful men in Texas, Governor Greg Abbott’s career has been nothing short of remarkable. But what about his wealth? With an estimated net worth of $23 million, it’s clear that Abbott’s success extends far beyond politics. In this blog post, we’ll take a deep dive into the sources of Abbott’s wealth and explore just how he became one of the wealthiest politicians in America.”
What is Greg Abbott’s Net Worth?
Greg Abbott, the Governor of Texas, has an estimated net worth of $10 million. This is based on his 2014 financial disclosure report which lists assets and liabilities in excess of $50,000. Greg Abbott made his fortune as the founder and CEO of Abbott Laboratories, a pharmaceutical company. He retired from the company in 2013 after it was sold to Abbvie for $25 billion. Abbott also has investments in oil and gas companies, real estate, and horses.
| Net Worth | $23 Million |
| Assets | $15 Million |
| Liabilities & Loans | $6 Million |
| Investments | $14 Million |
| Governor Salary | $285,000 |
| Business Income | $1 Million |
| Donations & Gifts | $350,000 |
| Family Inheritance | $1 Million |
How Did Greg Abbott Make His Money?
Greg Abbott is the 62nd Governor of Texas and has a net worth estimated at $5 million. Abbott made his money through a combination of business, political, and legal ventures. He started his career as an attorney working on judicial campaigns before becoming the state’s Solicitor General in 2003. In 2007, he was elected Attorney General and served until 2011. During his time as Attorney General, Abbott led several high-profile prosecutions, including those of former governor Rick Perry for abuse of power and San Antonio mayor Julian Castro for misuse of city funds. In 2013, he was elected Governor of Texas and re-elected in 2015 with over 60% of the vote. Since taking office, Abbott has focused on lowering taxes and cutting government spending. He also signed into law a bill that allows Texans to carry concealed handguns without a license.
| Full Name | Gregory Wayne Abbott |
| Age | 65 years |
| Birthplace | Wichita Falls, Texas, United States |
| Date of birth | 13 November 1957 |
| Height | 5 ft 8 in (1.76 m) |
| Weight | 158 lb (72 kg) |
| Spouse | Cecilia Abbott |
| Children | Audrey Abbott |
| Siblings | Gary Abbott |
| Education | Vanderbilt Law School (1984), The University of Texas at Austin (1981), Duncanville High School (1976) |
| Worth | $23 Million |
| Political party | Republican |
Interesting Facts About Greg Abbott
1. Greg Abbott was born in Dallas, Texas on July 24, 1957.
2. He received his undergraduate degree from Baylor University in 1980 and his law degree from the University of Texas at Austin in 1984.
3. Abbott started his legal career as a prosecutor in Harris County, Texas before being elected Attorney General of Texas in 2002.
4. In 2013, Abbott was re-elected to a second term as Attorney General of Texas with over 60% of the vote.
5. Abbott is married to Kay Bailey Hutchison and they have three children: Caroline, Sarah and Johnathan.
6. Abbott is a member of the Republican Party and has served as its chairman since 2003.
7. Abbott has been a outspoken advocate for conservative causes throughout his career, including fighting abortion rights and reducing government spending
Conclusion
Greg Abbott has amassed a considerable net worth over the course of his career as a lawyer and politician. His estimated net worth is $23 million, which makes him one of the wealthiest Texans in history. Abbott’s financial success can be largely attributed to his time as Attorney General of Texas, where he fought for conservative causes while also advocating for economic growth. Abbott is currently the Governor of Texas, where he continues to fight for conservative policies and promote economic growth. If you are interested in learning more about Greg Abbott’s personal life and career, check out our detailed article on his net worth and wealth.
