Politics, US

How rich is Bill Weld?

Name: William Floyd Weld

Born: July 31, 1945

Occupation: Politician and attorney

Bill Weld, fair use
Bill Weld, fair use

Bill Weld was born in Smithtown, New York on July 31, 1945. He is the son of David Weld, an investment banker, and Mary Nichols Weld, a housewife. His grandfather is John Treadwell Nichols, an ichthyologist and ornithologist, and his cousin is the novelist John Nichols. Bill’s ancestry can date back to 17th century America and many of his relatives were on the Mayflower.

Bill attended Middlesex School. He would graduate from Harvard College in 1966 with an A.B. in classics. He would also study economics at University College Oxford and would then graduate with a J.D. cum laude from Harvard Law School in 1970.

He has been married twice: his first wife was Susan Roosevelt Weld, a former Harvard University Professor and the great granddaughter of Theodore Roosevelt. They had five children together: David Minot, Ethel Derby, Mary Blake, Quentin Roosevelt and Frances Wylie. They were divorced in 2002. His second wife is Leslie Marshall, a writer and novelist.

Bill started out his legal career as a counsel with the House Judiciary Committee throughout the Watergate impeachment inquiry. One of his colleagues at the time was Hillary Clinton. He attempted to run for Massachusetts Attorney General in 1978 but he lost by a landslide to Francis X. Bellotti, the Democratic incumbent. He returned to law when he was appointed as the U.S. Attorney for Massachusetts by President Ronald Reagan in 1981. His first case was expanding a public corruption investigation against the Boston Mayor Kevin White administration. Bill would serve for five years as the U.S. Attorney, which led him to be promoted to the Justice Department by Reagan.

In 1990, Bill ran for the governorship of Massachusetts to succeed Michael Dukakis. Despite a Democratic state, Bill won as a Republican with a 20-point margin. He was successful in his 1994 reelection bid with 71 percent of the vote.

Two years later, Bill tried to replace Massachusetts Democratic Senator John Kerry. He was unsuccessful as he lost by eight percent. He also tried becoming the U.S. Ambassador to Mexico, but it did not work out.

In 1997, Bill returned to law by serving as a partner for the international law firm McDermott Will & Emery. He still had the itch of politics as he helped President George W. Bush prepare for his debates against Democratic nominee John Kerry. Bill also ran for the governorship of New York, which at first seemed promising but then as the months went by there was too much scandal, confusion and dissent within the GOP. Bill endorsed Mitt Romney for the Republican nomination in 2008.

After an eight-year hiatus from politics, Bill entered the national stage by becoming the Libertarian Vice Presidential candidate, serving as Gary Johnson’s running mate, a former New Mexico Republican Governor. Gary and Bill have positioned themselves in the 2016 presidential election as fiscally conservative and socially liberal and a reasonable alternative to Donald Trump and Hillary Clinton.

Bill is a member of the Council on Foreign Relations (CFR).

Some of his political positions: supports same-sex marriage, supports gun control, supports eminent domain, supports marijuana legalization, supports affirmative action and endorsed Barack Obama in 2008.

Outside of the political arena, Bill has also penned thrillers and historical fiction, such as “Stillwater,” “Big Ugly” and “Mackerel.”

We estimate that Bill Weld’s net worth is $2 million (2016).

So how much is $2 million really?

Since the average political campaign for the White House costs around $1 or $2 billion, $2 million could pay for a fraction of the costs. $2 million could also help pay about 10 to 20 percent of a senate campaign.


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