Mike Pence net worth 2023, political career, former vice president, 2024 and more
|Net worth||$2 million|
|Date of birth||June 7, 1959|
|Full name||Michael Richard Pence|
|Occupation||politician, broadcaster, and lawyer|
What is Mike Pence net worth?
Mike Pence net worth 2023 is $2 million. Michael Richard Pence is an American politician who served as the 48th vice president of the United States from 2017 -2020.
He was the 50th governor of Indiana from 2013 to 2017 and served six terms in the U.S. House of Representatives from 2001 to 2013.
Mike Pence doesn’t have all that much to his name. He doesn’t appear to own a home, and he hasn’t saved much besides $65,000 in index funds, at most, and less than $15,000 in a bank account. He has a net worth of $2 million.
Read Joe Biden net worth
A member of the millionaire’s club, Vice President Pence’s financial situation is a bit more relatable than that of his billionaire boss. Sure, Pence’s net worth is $2 million and he’s currently earning $230,700 per year to serve as the vice president, but his 2017 personal financial disclosure — filed with the U.S. Office of Government Ethics — detailed a relatively standard fiscal situation.
In 2017, Pence’s sole source of income was his approximately $174,000 salary as governor of Indiana. His wife is listed as the owner of craft business That’s My Towel Charm, Inc. and as a self-employed artist, but her work on each generated less than $1,000.
Much of Mike Pence’s $2 million net worth comes from a pension plan, valued between $500,001 and $1 million. He also has two other retirement accounts worth up to $30,000 combined. Like many American parents, Pence has taken student loans out to fund his children’s education. The student loans total somewhere between about $95,000 and $280,000.
Pence was born and raised in Columbus, Indiana, and is the younger brother of U.S. representative Greg Pence. He graduated from Hanover College and earned a law degree from the Indiana University Robert H. McKinney School of Law before entering private practice.
After losing two bids for a congressional seat in 1988 and 1990, he became a conservative radio and television talk show host from 1994 to 1999. Pence was elected to the U.S. House of Representatives in 2000 and represented Indiana’s 2nd and 6th congressional districts from 2001 to 2013.
He served as the chairman of the House Republican Conference from 2009 to 2011. Pence described himself as a “principled conservative” and supporter of the Tea Party movement, saying he was “a Christian, a conservative, and a Republican, in that order”
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Pence successfully sought the Republican nomination for the 2012 Indiana gubernatorial election when term-limited Mitch Daniels retired. He defeated former Indiana House speaker John R. Gregg in the closest gubernatorial election in 50 years. Upon becoming governor in January 2013, Pence initiated the largest tax cut in Indiana’s history and pushed for more funding for education initiatives. Pence signed bills intended to restrict abortions, including one that prohibited abortions if the reason for the procedure was the fetus’s race, gender, or disability.
After Pence signed the Religious Freedom Restoration Act, he encountered fierce resistance from moderate members of his party, the business community, and LGBT advocates. The backlash against the RFRA led Pence to amend the bill to prohibit discrimination based on sexual orientation, gender identity, and other criteria.
|48th Vice President of the United States|
January 20, 2017 – January 20, 2021
|Preceded by||Joe Biden|
|Succeeded by||Kamala Harris|
|50th Governor of Indiana|
January 14, 2013 – January 9, 2017
|Lieutenant||Sue EllspermannEric Holcomb|
|Preceded by||Mitch Daniels|
|Succeeded by||Eric Holcomb|
Mike Pence Net Worth
Mike Pence Net Worth 2023 is estimated at $2 million. Much of Mike Pence’s $2 million net worth comes from a pension plan, valued between $500,001 and $1 million. He also has two other retirement accounts worth up to $30,000 combined