Don Beyer Net Worth 2024

What is Don Beyer net worth?

Donald Sternoff Beyer Jr. is an American businessman, diplomat, and politician serving as the U.S. representative for Virginia’s 8th congressional district since 2015

A member of the Democratic Party, his district is in the heart of Northern Virginia and includes Alexandria, Falls Church, and Arlington.

What is Don Beyer net worth?

Don Beyer net worth 2024: Donald Sternoff Beyer Jr. is an American businessman, diplomat and politician serving as the U.S. Representative for Virginia’s 8th congressional district. Don Beyer net worth $124.9 million. Keep reading to find more here.

Early life

Beyer was born in the Free Territory of Trieste, the son of a U.S. Army officer, Donald Sternoff Beyer Sr., (1924–2017) and his wife, Nancy McDonald (d. 1999).

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His grandmother Clara Mortenson Beyer was a pioneer in labor economics and workers’ rights, and worked in the United States Department of Labor under Frances Perkins during the New Deal era.

The oldest of six children, he was raised in Washington, D.C., where his father founded a chain of car dealerships. In 1968, he graduated from Gonzaga College High School, where he was salutatorian of his class; in 1972 he graduated Phi Beta Kappa from Williams College, magna cum laude, in economics. Beyer was a Presidential Scholar in 1968, and was a National Merit Scholarship winner.

He graduated from a winter Outward Bound course at Dartmouth College in January 1971, and attended Wellesley College that year as part of the “12 College Exchange” program.

Business career

After college Beyer began working in his father’s Volvo dealership. In 1986, Beyer and his brother Michael bought the business from their parents, and as the Beyer Automotive Group, the business expanded to nine dealerships, including the Volvo, Land Rover, Kia, Volkswagen and Subaru brands.

Beyer is a past chairman of the National Volvo Retailer Advisory Board. In 2006, he served as chairman of the American International Automobile Dealers Association.

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He served as a member of the board of Demosphere International, Inc., a leading soccer registration software provider. He was also a board member of History Associates, which bills itself as “The Best Company in History.”

He has served on the Virginia Board of First Union National Bank, the board of Shenandoah Life Insurance Company, and the board of Lightly Expressed, a fiber optic lighting design and manufacturing firm.

Political career

Beyer was the northern Virginia coordinator of the successful Gerald L. Baliles campaign for governor in 1985. In 1986 Baliles appointed Beyer to the Commonwealth Transportation Board.

Beyer was elected Lieutenant Governor of Virginia in 1989, beating Republican state senator Edwina P. Dalton. He was re-elected in 1993, beating Republican Michael Farris 54-46 percent, as Republicans George Allen and Jim Gilmore were elected on the same ballot as Governor and Attorney General, respectively.

U.S. House of Representatives

On January 24, 2014, Beyer announced that he was running for Virginia’s 8th congressional district in the 2014 elections to succeed retiring Democratic incumbent Jim Moran. It was his first partisan race since losing the 1997 gubernatorial election. He won the June 10 Democratic primary with 45.7 percent of the vote.

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He won Successive re-elections and On November 3, 2020, Beyer defeated Republican challenger Jeff Jordan with 75.8% of the vote to Jordan’s 24.0%.

Family

Beyer and his wife, Megan, have two children, Clara and Grace. In addition, he has two children, Don and Stephanie, from a previous marriage, and two grandchildren.