The former U.S. Representative from Wyoming, Liz Cheney, has a Liz Cheney Net Worth that fluctuates according to different sources. Her 2018 net worth was around 14.7million,asreportedbyOpenSecrets.Newerprojections,however,pointtoasubstantialrise.Asanexample,in2024,hernetworthwasreportedtobe14.7million,asreportedbyOpenSecrets.Newerprojections,however,pointtoasubstantialrise.Asanexample,in2024,hernetworthwasreportedtobe47 million by Business Outstanders. Additionally, as of the year 2024, The CEO Views reported a net worth of 47million.Hersuccessinpolitics,law,realestate,andinheritancehaveallcontributedtohermeteoricrise.Cheneymade47million.Hersuccessinpolitics,law,realestate,andinheritancehaveallcontributedtohermeteoricrise.Cheneymade174,000 a year while serving in Congress. A thousand-acre ranch in Wyoming and a house in McLean, Virginia are among the numerous properties that she and her husband own. Keep in mind that different sources and times of assessments can lead to different net worth estimates.
Early Life and Education
Family Background and Upbringing
Elizabeth Lynne Cheney came into this world in Madison, Wisconsin, to parents Richard “Dick” and Lynne Cheney on July 28, 1966. Both of her parents have distinguished careers in public service; her father was George W. Bush’s vice president, and her mother was a prominent author and former NEH chair. Liz was exposed to public service at a young age due to her politically active family. The younger of her two sisters is named Mary Cheney.
Educational Pursuits
Cheney completed his secondary education in 1984 at Virginia’s McLean High School. In 1988, she received a Bachelor of Arts degree from Colorado College, the same institution her mother had attended. She wrote her senior thesis on “The Evolution of Presidential War Powers.” Along with her studies in Middle Eastern history at the Oriental Institute, she went on to earn a Juris Doctor degree in 1996 from the University of Chicago Law School.
Professional Career Before Congress
Roles in Government Agencies
Prior to his time in law school, Cheney served from 1989 to 1992 as an official with USAID. It was in 1992 that she also worked for the United States Department of State. She started her career as an associate attorney at White & Case after finishing law school, and she subsequently became a consultant and attorney specializing in international law at the International Finance Corporation, which is part of the World Bank Group.
State Department Tenure
Deputy Assistant Secretary of State for Near Eastern Affairs since 2002, Cheney oversaw Middle Eastern economic programs. With the goal of fostering economic growth and democratic reforms in the Middle East, she oversaw the Middle East Partnership Initiative. She took a leave of absence in 2003 to assist with the Bush-Cheney reelection campaign, but she was reassigned to the State Department in 2005 to serve as Principal Deputy Assistant Secretary of State for Near Eastern Affairs and Coordinator for Broader Middle East and North Africa Initiatives.
Political Career
Initial Congressional Campaigns
With the announcement of her candidacy in 2014, Cheney challenged Republican incumbent Mike Enzi for the U.S. Senate seat representing Wyoming. Nevertheless, due to health concerns in her family, she decided to withdraw from the race.
Election to the House of Representatives
Following in her father’s footsteps, Cheney was a successful 2016 candidate for the at-large congressional district in Wyoming. The years 2018 and 2020 saw her re-elected. Two committees she was a member of while in Congress were the Natural Resources and Armed Services committees.
House Republican Conference Chair
Cheney became the third-highest-ranking Republican in the House in 2019 after being elected Chair of the House Republican Conference. She was removed from her position in 2021 after she voted to impeach President Trump in response to the January 6 Capitol riot and for her criticism of Trump.
Post-Congressional Activities
Advocacy and Public Speaking
Cheney persisted in denouncing challenges to democratic institutions even after he resigned from Congress. She has been outspoken in her criticism of political extremism and her involvement in numerous efforts to preserve democratic norms.
Personal Life
Family
In 1993, attorney Philip Perry was wed to Liz Cheney. Elizabeth, Kate, Philip, and Richard are the couple’s five children.
Authorship
Cheney and her father, Dick Cheney, wrote a book called “Exceptional: Why the World Needs a Powerful America” that argues for the necessity of American leadership internationally.
Political Career and Earnings
From 2017 through 2023, Liz Cheney represented Wyoming in the United States Congress. Her yearly compensation while serving in Congress was $174,000, which is the going rate for members of the United States House of Representatives. She was the twenty-fourth wealthiest House member in 2018 with an estimated net worth of about $14.7 million.
Leadership Roles and Additional Income
Cheney rose to the position of third-ranking Republican in the House in 2019 after being elected chair of the House Republican Conference. She was able to raise her political profile in this leadership role, but she was not paid more than her regular congressional salary for it.
Legal Career and Private Sector Involvement
Cheney was a consultant for the International Finance Corporation and an attorney at White & Case before entering politics. Prior to that, she worked on international policy and law at the United States Department of State and the United States Agency for International Development. She probably made a ton of money and gained a ton of experience in international relations and law from these jobs.
Authorship and Public Speaking
Cheney has a successful career as a speaker and writer. Some of her books, like “Exceptional: Why the World Needs a Powerful America,” have brought in royalties for her. Also, she probably made a pretty penny from speaking engagements, especially after her time in Congress ended.
Investments and Assets
A diverse array of assets and investments make up Cheney’s financial portfolio. Estimates put her wealth in the range of $5.7–23.7 million in 2018. Citibank NA holdings in the multi-million dollar range and Latham & Watkins LLP Cash Balance Plan holdings in the same range are notable holdings. She has money in a number of retirement accounts and mutual funds as well.
Real Estate Holdings
In 2012, Cheney and her husband bought a two-story log house in Wilson, Wyoming, which is one of their many properties. She is wealthier as a whole thanks to this property.
Family Wealth and Inheritance
Being the daughter of the late Vice President Dick Cheney (2001–2009), Liz Cheney comes from an illustrious and politically powerful family. Although her family’s wealth is a closely guarded secret, it’s safe to assume that it has influenced her financial situation.
Financial Growth Over Time
Cheney’s wealth has grown substantially throughout the years. She had a net worth of about $14.7 million in 2018. According to some sources, her net worth grew significantly during and after her time in Congress, reaching an estimated $47 million by 2024.
FAQs
What positions did Liz Cheney hold in the State Department?
She served as Deputy Assistant Secretary of State for Near Eastern Affairs and later as Principal Deputy Assistant Secretary of State for Near Eastern Affairs.
When was Liz Cheney elected to Congress?
She was first elected in 2016 to represent Wyoming’s at-large congressional district.
Who is Liz Cheney’s husband?
She is married to Philip Perry, an attorney.
How many children does Liz Cheney have?
She has five children.
What book did Liz Cheney co-author with her father?
Exceptional: Why the World Needs a Powerful America.
Also Read: Alan Autry Net Worth (Updated 2024)
Conclusion
Conservative values and public service have been central to Liz Cheney’s career. She was a major player in American politics from her early days working for the government to her time in Congress. Given her long tenure in public office, many have wondered about Liz Cheney’s net worth, reflecting her financial standing alongside her political influence. She is so committed to the principles she thinks are vital to the security of the country that she is prepared to fight for them even when she faces opposition from within her own party.
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