What is Chris Collins net worth and Biography
Chris Collins net worth 2023
Christopher Carl Collins is an American politician who served as the U.S. Representative for New York’s 27th congressional district. A member of the Republican Party, Collins was the first sitting U.S. Representative to endorse Donald Trump for President of the United States, and he served on Trump’s presidential transition team. Chris Collins net worth is $44 million.
Early life, education, business career, and family
Collins was born in 1950 in Schenectady, New York, the son of Constance (Messier) and Gerald Edward Collins. Collins moved around the country with his family, as his father was transferred several times by General Electric. Collins graduated from Hendersonville High School in Hendersonville, North Carolina, in 1968.
Collins earned a Bachelor of Science in Mechanical Engineering from North Carolina State University, where he was a member of the Sigma Pi fraternity, in 1972. Collins was inducted into the North Carolina State University Mechanical and Aerospace Engineering Department Hall of Fame in November 2015. He then earned a master’s degree in business administration from the University of Alabama at Birmingham in 1975.
Collins worked as a mechanical engineer at Westinghouse Electric. Collins also served as President and CEO of Nuttall Gear Corporation located in Niagara Falls, New York. Nuttall Gear was a 1983 leveraged buyout of the Westinghouse Electric Gear Division located in Buffalo, New York. In 1997, Collins sold Nuttall to Colfax Corporation, based in Annapolis, Maryland.
Collins and his wife, Mary, have three children and three grandchildren.
Erie County Executive
Collins ran for Erie County Executive in 2007 on a platform of smaller county government, lower taxes and Six Sigma. His campaign slogan was “Elect a Chief Executive, not a Chief Politician.” Collins defeated Democrat James P. Keane, the deputy county executive of the Dennis Gorski administration, with 63% of the vote; his win was considered an upset.
On November 8, 2011, Collins lost his bid for re-election in a race that he was predicted to win. He was defeated by Democratic candidate Mark Poloncarz, the Erie County Comptroller.
On December 9, 2019, Collins and the SEC agreed that Collins will “be permanently barred from acting as an officer or director of any public company”. In January 2020, federal prosecutors recommended that Collins receive the maximum prison sentence, nearly five years in prison.
On January 17, 2020, Judge Vernon S. Broderick sentenced Collins to 26 months in prison. He was scheduled to begin the sentence on March 17 but it was later delayed to April 21, June 23, August 18, and October 13 due to the COVID-19 pandemic in the United States. He began his sentence on October 13, 2020, at Federal Prison Camp, Pensacola.
He received an 11th hour presidential pardon on December 22, 2020, from President Donald Trump.
Chris Collins Net Worth
Chris Collins net worth is $44 million. He is one of the richest politicians in United States. Collins was the first sitting U.S. Representative to endorse Donald Trump for President of the United States, and he served on Trump’s presidential transition team.