How rich is Terry McAuliffe?

Name: Terence Richard McAuliffe

Born: February 9, 1957

Occupation: Politician, author and entrepreneur

Terry McAuliffe, fair use

Terry McAuliffe, fair use

Terry McAuliffe was born in Syracuse, New York on February 9, 1957. He is the son of Jack McAuliffe, a real estate agent and politician, and Mildred Katherine Lonergan. Terry has one sibling, Joseph.

Terry attended Bishop Ludden Junior and Senior High School. Upon graduation in 1975, he studied at The Catholic University of America, earning a bachelor’s degree. In 1984, he received his Juris Doctor (J.D.) from the Georgetown University Law Center.

He has been married to Dorothy Swann since 1988 and they have five children together: Dori, Peter, Jack, Mary and Sally. The family currently lives in McLean, Virginia.

Terry entered the business world at the tender age of 14 by launching his first enterprise called McAuliffe Driveway Maintenance, which sealed parking lots and driveways. By 1985, he helped establish Federal City National Bank, a local bank based in Washington, D.C. Throughout the years, Terry has invested in businesses, making millions of dollars. In 2009, he also founded GreenTech Automotive, which shut down in early 2017 after receiving subsidies from the Mississippi government.

He contracted the political bug in his youth, campaigning for the re-election of President Jimmy Carter. Terry would later become one of the most prolific fundraisers for the Democratic Party as well as Bill and Hillary Clinton. Because of his success, he was elected chairman of the Democratic National Committee (DNC) and stepped down after serving just one term.

He did not leave politics, serving as co-chairman of Hillary Clinton’s 2008 presidential campaign and a superdelegate at the 2008 Democratic National Convention. He also sought the Virginia governorship in 2009 but ultimately lost the nomination. Terry tried again in 2013 and was successful in becoming governor of the Mother of States.

There are reports that Terry may seek the nomination for the Democratic Party in 2020.

When it comes to political issues, he supports abortion, expanding government healthcare, same-sex marriage and gun control.

In 2007, he published a book titled “What a Party! My Life Among Democrats: Presidents, Candidates, Donors, Activists, Alligators, and Other Wild Animals.”

We estimate that Terry McAuliffe’s net worth is $30 million (2017).

So how much is $30 million really?

$30 million can pay for about five percent of a United States presidential campaign. $30 million can also cover nearly all the costs of running for governor of a state.

 

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