Kevin McCarthy Net Worth, Biography Age, Family, wiki, And Life Story How Much Does Kevin McCarthy Make Per Year and What Is His Net Worth...
Kevin McCarthy Net Worth, Biography Age, Family, wiki, And Life Story
How Much Does Kevin McCarthy Make Per Year and What Is His Net Worth?
American lawmaker Kevin McCarthy has a net worth of $300,000. Kevin McCarthy's pay as a senior member of Congress was $175,000 per year. His pay is $223,500 as Speaker of the House of Representatives. Kevin's last financial report, which was made in 2018, said that he was worth $223,002 at that time. At the time, his assets were worth between $181,000 and $415,000, and his debts were between $100,000 and $200,000. In his financial declaration, he said that he had two debts: a mortgage on his personal home in Bakersfield, California, that was between $50,000 and $100,000, and a loan from the Department of Education for a child who lived with him or her. In 2014, he said that his net worth at its highest point was $300,000. As of this writing, he is the 270th richest person in the House of Representatives.
Category:
Richest Politicians › Republicans
Net Worth:
$300 Thousand
Salary:
$223,500
Date of Birth:
Jan 26, 1965 (58 years old)
Place of Birth:
Bakersfield, California, U.S.
Kevin McCarthy Net Worth Kevin McCarthy is a Republican. From December 2002 to November 2006, he represented the 32nd seat in the California State Assembly. McCarthy was then the Minority Leader of the California State Assembly from January 2004 to April 2006, and from January 2009 to January 2011, he was the House Republican Chief Deputy Whip. In January 2007, Kevin was elected to represent California's 22nd district in the U.S. House of Representatives. In 2013 and 2023, he will represent California's 23rd and 20th districts. McCarthy was the House Majority Whip from January 2011 to August 2014, and from August 2014 to January 2019, he was the House Majority Leader. Kevin was the leader of the minority party in the House of Representatives from January 2019 to January 2023. He has also led the Young Republican National Federation and the California Young Republicans. Together with Eric Cantor and Paul Ryan, he wrote the book "Young Guns: A New Generation of Conservative Leaders," which came out in 2010.
McCarthy believed Donald Trump's false claims that the 2020 presidential election had been stolen. At first, McCarthy said that Trump "bears responsibility" for the uprising that happened on January 6, 2021, but he later said that Trump didn't start the attack on the Capital. In February 2021, it was said that McCarthy and Trump got into a shouting match during the uprising when Kevin called to ask for help and Donald said, "Well, Kevin, I guess these people are more upset about the election than you are."
McCarthy made history in early 2023 when he lost the vote for Speaker of the House 14 times before he was finally elected on the 15th attempt, early on January 7th. Since 1923, this was the first time that the Speaker of the House was not chosen on the first vote.
Early Years
Kevin McCarthy was born on January 26, 1965, in Bakersfield, California. His full name is Kevin Owen McCarthy. Kevin is the son of a stay-at-home mom, Roberta Palladino, and an assistant city fire chief, Owen McCarthy. He grew up in a Democratic working-class family. McCarthy's mother is Italian, and his father's side of the family is Irish. McCarthy opened Kevin O's Deli when he was 21. The "redundant and frivolous rules, tedious paperwork, and overburdening taxes" he had to deal with while running a small business made him want to work for the government. He sold the business so he could pay for college. In 1989, he got a Bachelor of Science in marketing from California State University, Bakersfield. Kevin got his Master of Business Administration from the school in 1994. While he was in college, he worked as a summer firefighter for the Kern County Fire Department and did an internship with Congressman Bill Thomas.
Career
McCarthy worked in the office of Congressman Bill Thomas from 1987 to 2002. From the late 1990s to 2000, he was Thomas' district director. Kevin became chairman of the California Young Republicans in the mid-1990s. From 1999 to 2000, he was head of the Young Republican National Federation. In 2000, McCarthy was chosen to be a director for the Kern Community College District. In 2002, he was chosen to be a member of the California State Assembly. Bill Thomas left the House of Representatives in 2006, and Kevin got 70.7% of the vote to take his place. After the uprising in 2021, Thomas went on TV to say that he was disappointed in his former protégé for repeating Trump's "phony lies" about the 2020 election. In an interview with "The New Yorker" in 2022, Bill said, "The Kevin McCarthy who is in the House now isn't the Kevin McCarthy I worked with. At least from what I can see. You really never know what's inside. Kevin can be pretty much anything you want him to be. He lies. If he has to, he'll change the lie. How can anyone believe what he says?"
McCarthy ran for re-election to the House of Representatives in 2008 and 2010 without any opposition. In the following elections, he got 73.2% of the vote against the No Party Preference candidate Terry Phillips in 2012, 74.8% against the Democratic candidate Raul Garcia in 2014, 69.2% against the Democratic candidate Wendy Reed in 2016, 64.3% against the Democratic candidate Tatiana Matta in 2018, 62.1% against the Democratic candidate Kim Mangone in 2020, and 67.3% against the Democratic candidate Marisa Wood in 2022. Kevin was House Majority Leader from 2014 to 2019 and House Minority Leader from 2019 to 2023. He was also a member of the Committee on Financial Services, the Subcommittee on Capital Markets, Insurance, and Government-Sponsored Enterprises, the Subcommittee on Financial Institutions and Consumer Credit, and the Congressional Western Caucus. McCarthy was the House Republican Chief Deputy Whip from 2009 to 2011 and the House Majority Whip from 2011 to 2014. As a new congressman, he joined the House Republican steering group.
In the midterm elections of 2022, Republicans just barely won control of the House of Representatives. On the first ballot of the election for Speaker of the House on January 3, 2023, 203 House members chose McCarthy, 212 chose Democrat Hakeem Jeffries, and 19 chose other Republicans. In the end, Kevin got 216 votes in the 15th round of voting at 12:37 a.m. on January 7th. This made him the Speaker of the House. This was the first time since 1859 that it took more than nine votes to choose the Speaker of the House.
Personal Life
Kevin married Judy Wages in 1992, and they have two kids, Meghan and Connor. McCarthy used to be on the board of the Community Action Partnership of Kern, and he likes the Los Angeles Dodgers baseball team. Soon after Kevin dropped out of the race for Speaker of the House in 2015, he was accused of having an affair with Republican representative Renee Ellmers, who was married at the time. A few days before McCarthy quit, Representative Walter B. Jones Jr. sent Cathy McMorris Rodgers a letter in which he asked his fellow Republican members of Congress to step down if they had done "misdeeds." Both McCarthy and Ellmers claimed that they were having an affair.
Real Estate
McCarthy and his wife own a house in Bakersfield, California, that was built in 1987 and is 1,571 square feet. Kevin and Judy bought the house in 1996. It has three bedrooms and two baths. McCarthy's 2019 financial disclosure said that his debt on the home at the time was between $50,001 and $100,000. The home's market value was about $300,000.
No comments