|Net Worth:||$8 Million|
|Date of Birth:||August 24, 1947 (75 years old)|
|Nationality:||United States of America|
What is Joe Manchin’s Net Worth?
Joe Manchin is an American politician who has a net worth of $8 million. In 2010, Joe Manchin, a Democrat from West Virginia, won a seat in the US Senate. Before winning a Senate seat, Manchin was West Virginia’s 34th governor, serving from 2005 until 2010.
He represented the state of West Virginia as a senator from 1986 until 1996. Joe has made news during his term in the Senate by opposing policies that are often backed by his fellow Democrats, like Medicare for All and raising the minimum wage to $15 an hour.
He is notoriously opposed to a number of things, including the filibuster and a packed Supreme Court. Joe Manchin received a lot of notoriety in 2021 as a result of his opposition to Joe Biden’s “Build Back Better” program. The bill was basically dead because of Manchin’s “no” vote.
When he was first elected to the Senate in 2010, Manchin stated that his estimated net worth was $6 million. According to Manchin’s most recent financial disclosure to the US Senate, his net worth is in the range of $7-8 million. As a result, he was now one of the 20 richest senators.
Enersystems, a corporation that deals in coal, was founded by Manchin. His private company shares, which make up about 30% of his net worth, are owned by the company. According to his 2020 financial statement, the value of his shares varies depending on the coal price and is between $1 and $5 million.
Additionally, it was revealed that Manchin received $5.2 million in Enersystems earnings between 2011 and 2020. In 2020, his company distributed a $500,000 dividend.
Gayle Heather Conelly and Joe were wed in 1967. They have three kids together. The CEO of the pharmaceutical company Mylan from 2012 to 2020 was their daughter Heather.
He and Gayle reside on the $250,000 houseboat “Almost Heaven” when they are in Washington, D.C. The yacht has been owned by Manchin since 2013.
The couple already owns a modest townhouse in Charleston, West Virginia, and in January 2021 Joe and Gayle paid $765,00 for another riverfront home in Charleston, this time on the Kanawha River. Joe travels in an $80,000 Maserati Levante in D.C.
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