Bob Dole’s Net Worth, Biography, Career, Awards, Fact and Life Story

Net Worth: $40 Million
Date of Birth: Jul 22, 1923 (98 years old)
Gender: Male
Profession: Politician
Nationality: United States of America

Bob Dole net worth: Bob Dole is an American politician who has a net worth of $40 million. That is a combined net worth with his wife since 1975, Elizabeth Dole. In her 2007 Senate financial disclosure, Elizabeth estimated that she and Bob were worth a minimum of $14 million and a maximum of $49 million. In 1996, during Bob’s Presidential campaign, the Doles estimated their net worth to be $2.3 to $7.7 million. That’s the same as around $4 – $13 million in today’s dollars. At the time Bob was earning a $148,000 salary as a Senator, $10,000 per year in speaking fees and $18,660 in military retirement benefits. Elizabeth on the other hand was earning north of $100,000 per year in speaking fees, earning around $900,000 from speaking fees in a three year period alone between 1991 ad 1994. She donated much of her earnings to the Red Cross.

Born in Russell, Kansas, Bob Dole, also known as Robert Joseph Dole, graduated from the University of Kansas, where he majored in Pre-Law. He then went on to earn his law degree from the University of Arizona. He fought in Italy during World War II, where he was severely injured by German machine gun fire. The hospital where he recovered was later renamed in his honor. He was elected to the Kansas City House of Representatives in 1950, and then to the United States House of Representatives in 1960. He became Senate Minority Leader in 1987, and then served as Senate Majority Leader from 1995-1996. He was also a United States Senator from Kansas from 1969 to 1996. He was Gerald Ford’s Vice Presidential choice during Mr. Ford’s failed bid for presidency in 1976. He attempted to gain the Republican nomination for President unsuccessfully in both 1980 and 1988. He finally won the nomination in 1996, but lost the presidential race to Bill Clinton.

You May Also Like

Dr Jerry Buss’s Net Worth, Biography, Career, Awards, Fact and Life Story

Jerry Buss net worth: Dr. Jerry Buss was an American entrepreneur and professional sports team owner who had a net worth of $600 million. Jerry Buss earned the majority of his net worth as the owner of the Los Angeles Lakers basketball team. He was also the former owner of the Los Angeles Sparks (WNBA), the Los Angeles Kings (NHL), and the Los Angeles Lazers (soccer). Buss was born in Salt Lake City and raised in Kemmerer, Wyoming by a single mother at the height of the Great Depression. One of his earliest memories was waiting on a bread line for food as a very young child. Hard work earned Jerry a scholarship to the University of Wyoming where he graduated in just 2.5 years. By the time Jerry turned 24, he had received an MS and Ph.D in chemistry from the University of Southern California. After school he worked as a chemist and briefly in the aerospace industry before returning to USC as a faculty member in the chemistry department. While working at USC, Jerry began investing in real estate around Los Angeles to earn extra income to supplement his teacher’s salary. Jerry quickly was earning so much money from his side business that he gave up teaching altogether to focus entirely on real estate. With time Jerry Buss would become a very wealthy man. In 1979 he had earned enough money to purchase The Lakers, The Kings and The Forum sports arena for $67.5 million (of which just $16 million was for The Lakers). That’s the inflation adjusted equivalent of $213 million today. At the time it was largest sports team purchase in history and within a year The Lakers had won their first of ten NBA championships under Jerry’s leadership. The Lakers are one of the most valuable sports franchises in the world today, worth upwards of $1 billion. Buss was also a talented poker player who competed professionally. On February 18, 2013, Dr. Jerry Buss died at a Los Angeles hospital after a prolonged battle with cancer. He is survived by six children who are all closely involved in The Lakers organization.
Read More