Politicians
Herb Kohl Net Worth
Herb Kohler's Net Worth as of 2024
$630 Million
Herbert H. Kohl was born on 7 February 1935, in Milwaukee, Wisconsin USA, of Russian, Polish, and Jewish descent. He is a politician and businessman, best known for being a former United States Senator for the Democratic Party. He was also the former owner of the National Basketball Association (NBA) team, the Milwaukee Bucks. All of his efforts have helped put his net worth to where it is today.
How rich is Herb Kohl? As of mid-2016, authoritative sources inform us of a net worth that is at $630 million, mostly earned through success in business and politics. He helped establish many policies during his time in the Senate, and also does a lot of philanthropic work. He was considered one the wealthiest US senators, and as he continues his endeavors it is expected that his wealth will increase.
Herb Kohl Net Worth $630 million
Kohl attended Washington High School, and after matriculating went to the University of Wisconsin to study for a Bachelor of Science degree. After graduating, he attended Harvard Business School, earning a Master of Business Administration in 1958. Two years later he became a member of the United States Army Reserve, plus working in the stock market. He then established his own company called Kohl investments, but along with his brother inherited a family chain of stores, which pharmacies, liquor stores, grocery stores, and department stores. In 1970, Herb became the president of Kohl’s, and then merged the corporation with BATUS Inc. He served as an executive until 1979, when he campaigned to become a Senator. In 1985, he purchased the Milwaukee Bucks for $18 million as a move to ensure that the team stayed in Milwaukee. (He eventually sold the team in 2014 to Marc Lasry and Wesley Edens.)
During the start of his political career, Kohl served as the Chairman of the Wisconsin Democratic Party from 1975 to 1977. After being elected to the Senate, he would go on to support numerous policies; he voted for the Patient Protection and Affordable Care Act and also voted for the Health Care and Education Reconciliation Act of 2010. He became well known for promoting an amendment to the US Constitution to balance the budget of the government. He voted for the 2001 tax cut, and the welfare reform. Herb also became well known for being a pro-environmental politician, supporting hydrogen cars, oil consumption reduction, and universal health care. Aside from that, he opposed the death penalty and was against discrimination of sexual orientation. He was one of the proponents to sell handguns with child safety locks, and supported public education. In foreign policy, he voted against many free trade agreements. However, among a few of the other bills he supported were trade normalization with China, and free trade with developing countries. He was against the Gulf War, but voted for military force in Iraq. After serving in the Senate from 1988, he then opted not to seek re-election in 2012.
Kohl is also a noted philanthropist, donating $25 million for the creation of the sports arena called the Kohl Center. He also helped establish the Herb Kohl Educational Foundation Achievement Award Program, which helps a lot of students and teachers in Wisconsin.
For his personal life, it is known that Herb has never married. In response to why he was not seeking re-election, he stated in 2012 that the office did not belong to him, and he did not want to stay in office too long.
Politicians
Paul Begala Net Worth
Born Paul Edward Begala on the 12th May 1961, in New Jersey USA and is a politician, a member of the Democratic Party, best known to the world as an adviser to former President Bill Clinton, and he also served as a chief strategist during the 1992 Clinton-Gore campaign. He has recorded numerous television appearances, in such political shows as “Crossfire” (2004-2014), “Real Time with Bill Maher” (2008-2017), and “Erin Burnett OutFront” (2012-2017), among many others.
Have you ever wondered how rich Paul Begala is, as of mid- 2017? According to authoritative sources, it has been estimated that Begala’s net worth is as high as $3 million, an amount earned through his successful career in politics, which has been active since the late ‘80s
Paul Begala Net Worth $3 Million
Paul is of mixed ancestry; his mother, Margaret is Irish American, while his father, David is a Hungarian American. Although born in New Jersey, Paul grew up in Missouri Texas, since his father was stationed there as oil-field equipment salesman. He went to Dulles High School, located in Sugar Land, Texas, and after matriculation enrolled at the University of Texas at Austin, from which he received a Bachelor of Arts degree and then Juris Doctor degree.
Following the end of his studies, Paul commenced a political career, and worked for Robert Casey during his gubernatorial career in Pennsylvania in 1986, then the following year had success with Wallace G. Wilkinson in Kentucky, and in 1988 re-election campaign of incumbent New Jersey US Senator Frank Lautenberg.
In 1992, he teamed up with James Carville, who was also his business partner, in managing the Clinton-Gore presidential campaign that year – during Clinton’s presidency, Paul worked as his advisor and was responsible for policy, politics and communication.
Thanks to his rise in power, Paul started using his influence and could often be seen on television during the ‘90s and early 2000s. In 1992 he hosted the show “Equal Time”, then featured in the documentary “The War Room”, and in 1994 made his first appearance on “Late Night with Conan O’Brien”. As Clinton’s political career improved, he was more focused on running his campaigns, but since the 2000s, Paul’s focus changed and he would use his knowledge to work as a political analyst for several television networks, including MSNBC, CNN and others. Some of his most notable appearances include the show “Crossfire” (2004-2014) on CNN, then “At This Hour” (2016-2017) also on CNN, “The Colbert Report” (2006-2010) on Comedy Central, and “The Lead with Jake Tapper” (2016-2017), among many other differing appearances, which also increased his wealth.
Paul is also a recognized author, so far publishing three books on his own, “Is Our Children Learning?: The Case Against George W. Bush” (2000), “It’s Still the Economy, Stupid: George W. Bush, The GOP’s CEO” (2002), and “Third Term: Why George W. Bush (Hearts) John McCain” (2008), the sales of which have contributed to his wealth. Furthermore, he has co-authored two books with James Carville “Buck Up, Suck Up… and Come Back When You Foul Up: 12 Winning Secrets from the War Room” (2002), and “Take It Back: Our Party, Our Country, Our Future” (2006), further increasing his wealth.
Regarding his personal life, Paul has been married to Diane Friday since 1989; the couple has four sons, and the Begala family resides in Virginia.
Paul is a devout Roman Catholic.
Politicians
Vern Buchanan Net Worth
Born Vernon Gale Buchanan on the 8th May 1951 in Detroit, Michigan USA, he is a businessman and politician, a member of the Republican Party, best known to the world for serving as a representative of Florida’s 16th congressional district since 2007.
Have you ever wondered how rich Vern Buchanan is, as of mid- 2017? According to authoritative sources, it has been estimated that Buchanan’s net worth is as high as $44 million, an amount earned through his successful careers.
Vern Buchanan Net Worth $44 Million
Vern is of part-Finnish ancestry since his maternal grandparents immigrated from the country to the USA. He grew up in Detroit with his five siblings. After high school matriculation, Vern enlisted into the Michigan Air National Guard where he spent the next six years. However, he was also focused on his education, attending Cleary University, from which he graduated with a bachelor’s degree in business administration. He didn’t stop there as he obtained a Masters’ degree in business administration from the University of Detroit.
Before he had any political aspirations, Vern used his knowledge in business to launch a career as a businessman. Back in 1976 he teamed up with an owner of a Michigan printing company and promised him that he would help develop his business. The two started the American Speedy Printing, and in no time the company opened over 730 stores in 44 states. Unfortunately, Vern’s business acumen wasn’t all legal, and as a result the firm went bankrupt, while he himself had to pay $1.5 million to Michigan Corporation Act.
Regardless, he continued his career as he bought a Honda and Acura dealership in Ocala, Florida, developed his career as a car salesman and expanded his kingdom to two more car dealerships. He was quite successful as a car salesman until 2005, when he decided to change his focus to politics and as a result, sold the majority in his car dealerships.
Aside from having success with car dealerships, Vern also has two reinsurance companies in his ownership, Jamat Reinsurance Co., and Buchanan Reinsurance Co., and used these companies to provide extended warranty policies to his car buyers.
His political aspirations began to appear in 2006 when he ran in the 13th congressional district in Florida to replace incumbent Republican Katherine Harris. Vern was the winner of Republican primaries, defeating his Republican opponents Nancy Detert, and Tramm Hudson. And in the general elections, Vern was put up against Christine Jennings, just winning with 50.08% of the votes.
Vern was sworn in as Representative for Florida’s 13th Congressional District on 3 January 2007 and since then has been re-elected three more times quite easily, although his position changed as he became the Representative for Florida’s 16th district, as there has been a change in numbering Florida’s districts.
Regarding his personal life, Vern has been married to Sandra since 1976, with whom he has two children.
Vern is also quite active in the community; he has supported numerous nonprofit organizations, including Boys and Girls Club, the Community Foundation of Sarasota County, the American Heart Walk, the Walk to Cure Juvenile Diabetes and many more.
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