Ron Paul's estimated net worth is approximately $8 million.
Overview
Ron Paul's net worth stats
Net worth: | $8 million |
---|---|
Source of wealth: | Politics, medicine |
Date of birth: | August 20, 1935 |
Place of birth: | Pittsburgh, Pennsylvania |
Early life
Ron Paul was born in Pittsburgh, Pennsylvania, on August 20, 1935. His father, Howard, operated a dairy company. We could not find details on what his mother, Margaret, did for a living.
Education
Paul attended Dormont High School in Pittsburgh and then studied at Gettysburg College. In 1957 he graduated with a B.S. degree in Biology followed in 1961 by his M.D. from Duke University School of Medicine. He interned at the Henry Ford Hospital in Detroit, Michigan, then completed his OBGY residency at Pittsburgh's UPMC Magee-Womens Hospital.
After a stint in the U.S. Air Force and U.S. Air National Guard as a flight surgeon, he moved to Texas and set up a private OBGY practice.
Family life
Ron Paul married his wife, Carolyn, in 1957, with whom he has five children. He lives in Texas. His son, Rand Paul, is a Republican senator.
Explainer
What does net worth mean?
And quickly learn how to calculate your net worth today.
How did Ron Paul build his net worth?
Ron Paul was a flight surgeon in the U.S. Air Force and later became an OB/GYN when he left. He had practiced for just over a decade before entering politics.
Paul famously served as a U.S. Representative while his son, Rand, was a senator. He is a published author, with several books to his name, and serves as a Fellow of the Mises Institute.
Ron Paul retired from politics in 2018, although he is still active as a paid speaker and a professor at various universities.
He has a popular YouTube channel, "The Ron Paul Liberty Report," where he comments on social and political issues.
During his tenure in the Senate, he had an annual income of $100,000. He also draws an income from the various boards and colleges to which he is attached.
Thanks to his strong personal brand, his YouTube channel has a strong following and contributes to his monthly income. As with most notable people, he has a modest portfolio of long-term investments. His retirement plan and Air Force pension also pay out monthly dividends.
How has Ron Paul spent his wealth?
Ron Paul is understandably not as transparent about how he spends his money as he is about his political and financial ideas. However, if he walks the walk, he is probably quite prudent with his wealth and reluctant to spend brashly on things he neither needs nor wants. And he probably has some of his net worth in gold bars, locked away from government eyes.
Free money making ideas
Start building up your net worth
Get our free guide to making money online and offline. Includes 90+ passive and active income stream ideas.
FAQs
How rich is Ron Paul?
Ron Paul's net worth is estimated to be around $8 million.
Is Ron Paul a millionaire?
Yes. Ron Paul is a millionaire.
Was Ron Paul CEO of EagleBank and banned from banking?
No. That was a different Ron Paul.
Image: Wikimedia