From leading the Republican revolution in the 1990s to his failed presidential bid in 2012, Newt Gingrich has been a prominent figure in American politics for decades. However, beyond his political career lies an impressive fortune that few people are aware of. With a reported net worth of $39 million, Gingrich is undoubtedly one of the wealthiest politicians in America. In this blog post, we’ll take a closer look at how he accumulated such wealth and what it means for both him and American politics as a whole.
Gingrich’s Early Life
Newt Gingrich was born on November 12, 1942 in Richmond, Virginia. Gingrich’s father was a physics professor at Tulane University. Gingrich graduated from the College of William & Mary with a bachelor’s degree in government in 1965. After graduating from college, Gingrich served two years as an officer in the U.S. Marines Corps Reserve before starting his political career.
Gingrich started his political career serving as a legislative aide for Republican Congressman Bill Alexander of Georgia from 1967 to 1969. From 1969 to 1978, Gingrich was a research assistant and then director of strategic planning for President Gerald Ford’s administration. In 1978, Gingrich became the president of the Young America’s Foundation (YAF), where he worked until 1981 when he was elected Speaker of the House of Representatives. During his time as Speaker, Gingrich made significant changes to the way Congress operated by instituting new rules and organization, creating the Office of Management and Budget (OMB), and increasing funding for congressional operations by 50 percent.
In 1997, Gingrich founded The Newt Gringrich Company, which provides consulting services to businesses and industries throughout the United States. In addition to his business ventures, Gingrich is also an author and has written 10 books including his most recent book, To Save America: Stopping Obama’s Secular-Socialist Machine). According to Forbes magazine, Newt Gingrich has a net worth of $ million
|Real Name||Newton Leroy McPherson|
|Nick Name:||Newt Gingrich|
|Birth Place:||Harrisburg, Pennsylvania, United States|
|Date Of Birth/Birthday:||17 June 1943|
|Age/How Old:||79 years old|
|Height/How Tall:||In Centimetres – 183 cm
In Feet and Inches – 6′ 0″
|Weight:||In Kilograms – 92 Kg
In Pounds – 203 lbs
|Education:||Baker High School, Emory University, Tulane University|
|Kids/Children Name:||Jackie Gingrich Cushman, Kathy Lubbers|
|Net Worth:||$18 Million|
Newt Gingrich’s political career began in the early 1980s, when he served as a congressional aide to then-Rep. Jack Kemp (R-NY). Gingrich was elected to the House of Representatives in 1990 and served there until 1998. In 2002, Gingrich was elected Speaker of the House and held that position until he resigned in 2009. Since then, Gingrich has been a commentator on cable news networks and an advocate for conservative causes.
Gingrich’s net worth is estimated to be $ million. His wealth is largely derived from his ownership of several businesses, including a media company and consulting services. He also receives income from book royalties and speaking engagements. His total income in 2016 was estimated at $ 1.4 million.
Partial Government Shutdowns
Newt Gingrich’s wealth is estimated at $ million, making him one of the wealthiest members of Congress. Gingrich has been in office for over 20 years, and during that time he has amassed a fortune through investments in real estate, manufacturing, and software.
Gingrich’s real estate holdings are particularly impressive. He and his wife own two homes worth a total of $ 1.7 million, as well as rental properties worth an additional $ 1.2 million. Gingrich also owns stock in several companies, including Microsoft and Coca-Cola.
Gingrich’s income from his investments is not the only source of money flowing into his coffers. Gingrich receives a salary of $174,000 per year as a member of Congress. This amount does not include any benefits or allowances that he may receive, which bring his annual income to over $1 million.
It is clear that Newt Gingrich has made a considerable fortune through both his personal investments and his employment as a member of Congress. His wealth allows him to live comfortably without having to rely on government assistance or subsidies
Newt Gingrich’s Net Worth Today
Newt Gingrich’s net worth is estimated to be around $ million. According to Forbes, Gingrich is the 16th richest person in the United States, with a net worth of $ million. Gingrich has made his money through his role as an author, speaker, and consultant. He is also the founder and chairman of The Newt Gingriches Center for Government and Policy, which he formed in 1978.
Gingrich’s main sources of income are from his book royalties and speaking fees. In 2011, he earned over $1 million from speeches given throughout the United States. His most recent book, “Rediscovering American Exceptionalism,” was published in 2012 and has not yet generated any income.
Gingrich has been successful in generating a considerable amount of wealth over the course of his life- something that he can put to good use when campaigning for office next year.
|Net Worth in 2023||$39 Million|
|Net Worth in 2022||$34 Million|
|Net Worth in 2021||$31 Million|
|Net Worth in 2020||$28 Million|
|Net Worth in 2019||$26 Million|