Kevin McCarthy Is Fighting Hard to Secure House Speaker Role — What's His Net Worth?
Kevin McCarthy, prominent Republican and House Minority Leader, isn't a millionaire, though his net worth could rise if he becomes House Speaker.
Jan. 6 2023, Updated 10:22 p.m. ET
Although Kevin McCarthy currently serves California’s 23rd district in the U.S. House of Representatives, he’s in the running to become the next House Speaker. Despite the pushback he has received while fighting for a chance to succeed Nancy Pelosi, he managed to flip 15 votes on Jan. 3, 2023, pushing the contest to become the longest in 164 years, according to CNN.
While it still isn't clear whether McCarthy will assume the role of Speaker of the House, if he did, it would likely give his net worth a giant boost. After all, Pelosi was reportedly collecting a $223,000 salary while serving in the role. So, how much is Kevin McCarthy worth now?
An overview of Kevin McCarthy’s career as Republican politician.
Despite having been raised by parents who were members of the Democratic Party, McCarthy has been a Republican throughout his political career. From 2002 to 2006, McCarthy was a member of the California State Assembly, as well as minority leader of that assembly from 2004 to 2006.
McCarthy began his first term as a U.S. representative from California’s 22nd district in 2007, switching to the 23rd district in 2013. From January 2009 to January 2011, he was the House Republican chief deputy whip.
Later, from January 2011 until August 2014, McCarthy took on the role of House majority whip. In 2014, he became the House majority leader, a position that lasted until January 2019, when power shifted and he was then the minority leader of the House. McCarthy's net worth is estimated at $300,000 today, according to Celebrity Net Worth.
Kevin McCarthy
U.S. Representative, House Minority Leader
Net worth: $300,000
Representative Kevin McCarthy has served in politics within the Republican Party for many years. He began as a congressman’s staffer in 1987 and was eventually elected to the California State Assembly in 2002. In 2006, McCarthy won his first election to the U.S. House of Representatives. Since then, he has been House majority whip, House majority leader, and House minority leader.
Born: Jan. 26, 1965
Education: California State University at Bakersfield, BA and MA
Spouse: Judy Wages (married since 1992)
Children: 2
Kevin McCarthy is known for delivering a record-breaking speech in order to delay voting.
On Nov. 18, 2021, McCarthy gave a speech that lasted for eight hours and 32 minutes in an effort to delay passage of the Democrats’ social policy bill. His monolog passed the former record for longest continuous House speech, which Speaker of the House Nancy Pelosi set in 2018.
McCarthy’s talk began at 8:38 p.m. on Thursday and concluded at 5:10 a.m. Friday. He discussed Republican criticisms of the Build Back Better Act and said that although he knew he’d talked a long time, “America has had enough.”
McCarthy has long supported former President Trump and his goals.
Kevin McCarthy is a proud supporter of Donald Trump.
McCarthy is known for being a top supporter of former Donald Trump, which has involved speaking up for Trump during his first impeachment trial and going along with Trump’s claims of voter fraud impacting the 2020 presidential election.
In November 2020, before the election results were declared, McCarthy insisted on Laura Ingraham’s Fox News program that Trump had won the election. In the election’s aftermath, he also supported a Texas lawsuit intended to investigate possible election fraud, and voted against Biden’s certification in two states.
However, in May 2021, McCarthy baffled many as he claimed that no one was questioning the election’s legitimacy, in spite of continuous Republican insistence that Trump was the rightful winner.