|Net Worth:||$460 Million|
|Date of Birth:||November 1, 1953 (69 years old)|
|Nationality:||United States of America|
What is Darrell Issa’s net worth? How does Darrell Issa make his money? Below is the current net worth of Darrell Issa and how Darrell Issa makes his money.
What is Darrell Issa’s Net Worth?
Darrell Issa is an American businessman and politician who has a net worth of $460 million dollars. Darrell Issa has been the richest member of Congress when he was in office. Issa served as CEO of Directed Electronics, which he co-founded in 1982.
He became an Explosive Ordnance Disposal (EOD) technician assigned to the 145th Ordnance Detachment.
Darrell Issa was born in Cleveland, Ohio on 1 November 1953. His parent is Williams Issa and Martha. Darrell Issa is the second child out of six children. In 1970, Issa dropped out of high school and enlisted in the Army, on his 17th birthday.
In 1972, Issa got a hardship discharge from the Army after his father suffered from a heart attack, he earned a General Educational Development certificate. Issa was arrested two times that year.
He was first arrested for stealing a Maserati with his brother, Williams, and the second time he was arrested for carrying a concealed weapon. He pleaded guilty and was later sentenced to six months probation and a token.
Issa was enrolled in Siena Heights University in Adrian, Michigan, where he studied business administration. He then attended Kent State University, where he enrolled in the ROTC. Issa served in the Army Reserve from 1976 to 1980.
He also served on active duty. He was once again indicted for stealing a vehicle shortly after his discharge but the case did not last long.
Issa and his wife borrowed $50,000 from the family to invest in the electronics manufacturer Quantum Enterprises, following his departure from the military. Issa soon turned Steal Stopper around, to the point that it was supplying Ford with thousands of car alarms and negotiating a similar deal with Toyota.
Quantum and Steal Stopper’s offices and factory in the Cleveland suburb of Maple Heights caught fire on the morning of 7 September 1982. The fire took three hours to put out. Steal Stopper soon returned a profit again.
During the 1980s, As car theft rose in the United State, so did the demand for security devices. General Motors, BMW, and Roll Royce joined Ford and Toyota as customers of Steal Stopper. Issa sold the company to a California-based maker of home alarms in 1985 and relocated to work for the company in the San Diego suburb of Vista.
Issa later left to start Directed Electronics, Inc. (DEI). He has continued to live in Vista. By 1989, sales grew from $1 million in the company’s first year to $14 million. Issa is a partner in 17 limited partnerships and limited liability companies (LLCs) that own commercial properties across North San Diego County.
The office is in the same building as Issa’s former congressional office, near their house for the last 20 years. He chaired a successful campaign to pass California Proposition 209 in 1996.
In 1998, Issa first campaigned for an elected office. Fong won with 45%, Issa with 40%, and Riggs with 10% of the vote. In the California 48th congressional district, in 2000, Nine-term incumbent Republican U.S. Congressman Ron Packard decided not to run for reelection.
Issa won the November general election, defeating Democratic nominee Peter Kouvelis 61% to 28%. Issa’s district was renumbered the 49th and lost its share of Orange County after redistricting. He defeated Libertarian nominee Karl Dietrich with 77% to 22% and was reelected.
Issa won and was reelected in 2002, 2004, 2006, 2008, 2010, 2012, 2014, and 2016. Issa announced that he would not run for reelection in 2018. In 2019, he contested for California’s 50th congressional district, he went further to win the final election.
Issa got married to Marcia Enyart, his high school sweetheart in the 1970s. They later got divorced. In 1980, Issa got married to Kathy Stanton. They live in the San Diego, California suburb of Vista.
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