Mike Pence Net Worth: Know About His Primary Source Of Income

Mike Pence Net Worth: Pence, an American politician, has been the 48th Vice President of the United States of America since 2017. Earlier, he was Indiana’s 50th governor, a position he held from 2013 to 2017. He was a Republican and Tea Party supporter who served in the ‘United States House of Representatives from 2001 to 2013 on behalf of Indiana’s second and sixth congressional districts.

He was raised in a politically active Catholic family, and as a result, he developed an early interest in politics. He looked up to JFK as a kid and found Reagan to be an inspiration years later. After finishing his undergraduate studies at Hanover College, he attended Indiana University Maurer School of Law and graduated with a Juris Doctor degree.

In the 1990s, he began his career as a radio talk show host while also exploring a political career. In 2000, after many years of trying without success, he was elected to represent Indiana’s second congressional district in the United States House of Representatives. His political career has been on the upswing since then.

Mike Pence Net Worth
Mike Pence Net Worth

Mike Pence Early Life

On June 7, 1959, in Columbus, Indiana, to parents Nancy Jane (née Cawley) and Edward J. Pence, Jr., Michael Richard Pence was born. He was brought up in a politically active and devout environment by Irish Catholic Democrats. His father had owned gas stations and served in the U.S. Army.

As of 1977, Mike was a proud alumnus of “Columbus North High School.” He came from a politically active household and as a kid looked up to John F. Kennedy. During high school, he worked as a volunteer for the “Bartholomew County Democratic Party.” You may also read Rich Brian’s Net Worth

After graduating with a BA in history from “Hanover College” in 1981, he went on to study law at “Indiana University Robert H. McKinney School of Law,” from where he earned a J.D. in 1986.

Mike Pence Career

Earlier in his professional life, Mike Pence worked as a lawyer in private practice. He also made an unsuccessful run for Congress in 1988 and 1990, both attempts coinciding with his interest in the field. Instead of giving up, in 1991, he took the helm at the “Indiana Policy Review Foundation.”

He had his own radio talk show on WRCR-FM in Rushville, Indiana, called “The Mike Pence Show,” which first aired in 1992. Network Indiana syndicated the show, so it could be heard on 18 stations every weekday beginning in 1994. Also beginning in 1995, he presided over a weekend political chat show.

After leaving the broadcasting industry in the late ’90s, he campaigned for Congress again in 2000 and was successful in Indiana’s second congressional district. His political career included four easy re-elections. In the House of Representatives, Pence led the conservative Republican Study Committee from 2005 to 2007.

As a result of his impressive resume, Pence declared his intention to run for governor of Indiana as a Republican in 2011. In the gubernatorial race in 2012’s November, Pence defeated both the Democratic nominee John R. Gregg and the Libertarian candidate Rupert Boneham. On the 14th of January 2013, he took office as the 50th governor of Indiana.

In his role as governor, he was widely praised for cutting taxes. It was thanks to his efforts that state taxes were lowered, income taxes were simplified, and inheritance taxes were done away with. He also enacted tax reforms with the goal of improving Indiana’s ability to compete for new investment and high-paying employment.

Indiana’s job growth under his administration trailed the rest of the country by a small margin. When compared to the rest of the country, Indiana’s GDP grew at one of the slowest rates in 2014, at 0.4% versus the average of 2.2%.

He collaborated with the so-called “Indiana General Assembly” to produce a budget that would keep the state’s reserves healthy and it is surplus steady. In addition, he took measures to reallocate resources toward infrastructure development. Because of his work, Indiana kept its pristine AAA credit rating. By the year 2016, the state’s fiscal surplus had reached $2 billion.

In 2016, Pence decided to seek reelection as governor of Indiana. But when Donald Trump chose Pence to be his running mate for vice president, Pence decided to terminate his campaign for governor.
On November 8, 2016, he was chosen as the 48th vice president of the United States, and on January 20, 2017, he took office. Along with this, you may check another trending article like Rick Perry’s Net Worth

Pence visited South Korea, Japan, China, Indonesia, and Australia soon after becoming office, holding talks on peace and other topics. As a pro-life advocate, he broke a deadlock and helped move legislation to defund the abortion provider Planned Parenthood forward.

As of the year 2019, he had cast 13 tie-breaking votes, more than any of his four immediate predecessors had cast in their whole terms in office. In light of Donald Trump’s declared intention to seek reelection as president of the United States in 2020, Pence has been confirmed as Trump’s vice presidential candidate.

Mike Pence Personal Life

In 1985, Mike Pence wed Karen. His wife used to work at a primary school and is active in youth-focused charities. They’ve brought three little ones into the world.

Mike Pence Net Worth
Mike Pence Net Worth

Mike Pence Net Worth

American politician Mike Pence has a $1 million fortune. Mike Pence is a former governor of Indiana and is currently serving as Vice President under Donald Trump. Mike Pence disclosed his modest net worth, comprised primarily of a pension, in August 2016.

The total value of his pension was estimated to be under $500,000 at the time. Before becoming Vice President, he was mostly supporting himself with his 2015 salary of $173,860 as governor of Indiana.

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