Net Worth: | $40 Million |
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Date of Birth: | July 29, 1936 (88 years old) |
Gender: | Female |
Profession: | Politician |
Nationality: | United States of America |
What is Elizabeth Dole’s Net Worth?
Elizabeth Dole is an American politician who has a net worth of $40 million. From 1975 until his passing in December 2021, Bob Dole and Elizabeth were wed. Elizabeth has been a Republican for a very long time.
She worked in the administrations of both George H. W. Bush and Ronald Reagan. She held the positions of secretary of transportation from 1983 to 1987, secretary of labor from 1989 to 1990, senator from 2003 to 2009, and director of the FTC from 1973 to 1979.
She was born Mary Elizabeth Alexander Hanford Dole in Salisbury, North Carolina, on July 29, 1936. Dole, a graduate of Duke University and Harvard Law School, ran for president in 1960 on the Kennedy-Johnson ticket before staying on to work in the White House during Lyndon B. Johnson’s final years in office.
She subsequently served as Secretary of Transportation under Ronald Reagan and Secretary of Labor under George H.W. Bush before taking the helm of the American Red Cross.
She joined the U.S. Senate in 2003 and served there for six years, from 2003 to 2009, becoming the first woman to represent North Carolina in that body. She is an active Republican Party supporter and the previous chair of the National Republican Senatorial Committee.
The Doles estimated their net worth to be between $2.3 and $7.7 million in 1996, during Bob’s candidacy for the presidency. That is equivalent to roughly $4 to $13 million in today’s money.
Bob was making $148,000 a year as a senator at the time, in addition to $10,000 in speaking fees and $18,660 in military retirement benefits. Elizabeth, on the other hand, made over $100,000 annually from speaking engagements, bringing in around $900,000 over the course of just three years, from 1991 to 1994.
She gave the Red Cross a large portion of her money. Elizabeth indicated that she and Bob were worth a minimum of $14 million and a maximum of $49 million in her 2007 Senate financial report.
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