ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Tim Scott Is Running For President. All You Need To Know About The Republican Senator

As per Celebrity Net Worth, Scott has a net worth of $200,000 and his congressional salary is around $174,000 per year.
UPDATED JAN 22, 2024
Cover Image Source: Getty Images | Tom Williams
Cover Image Source: Getty Images | Tom Williams

South Carolina Senator Tim Scott announced his run for US President earlier this week. The prominent Black senator of the Republican Party addressed his supporters at the Charleston Southern University in his hometown of North Charleston.

"I’m the candidate the far-left fears the most. You see, when I cut your taxes, they called me a prop. When I refunded the police, they called me a token. When I pushed back on President Biden, they even called me the 'n-word,'" Scott said. "I disrupt their narrative. I threaten their control. The truth of my life disrupts their lies."

"We need a president who persuades not just our friends and our base," he told his audience.

"We have to have compassion for people who don't agree with us. We have to believe that our ideas are so strong and so powerful and so persuasive that we can actually take them to the highest points in the world and be successful but we also have to be able to take them all the way down to places that today are hopeless and prove that who we are works for all Americans," he added. 

Tim Scott - The Only Black Republican Senator

Getty Images | Anna Moneymaker
Getty Images | Anna Moneymaker

Tim Scott has always been part of pathbreaking campaigns. In 2010, he became the first Republican elected to the US House of Representatives from South Carolina in more than a 100 years. Years later, he made history as the first Black US senator from his native South Carolina, as reported by CNN.

He has never shunned the conversation around his race and has pointed out that he is often the only face of color in a room full of conservatives, as reported by PBS. 

“When I fought back against their liberal agenda, they called me a prop. A token,” he said in a video, shot on the site of Fort Sumter in Charleston, South Carolina, the same place where the first shots during the civil war were fired. 

Tim Scott Supports The Most Conservative Pro-Life Legislation

Getty Images | Drew Angerer
Getty Images | Drew Angerer

In an interview with NBC, Scott said that he would support the "most conservative pro-life legislation."

"If I were president of the United States, I would literally sign the most conservative, pro-life legislation that they can get through Congress," Scott said. "I’m not going to talk about six or five or seven or 10," he added when pressed by NBC News about what the federal cut-off should be.

When asked if he had plans to support a national ban on abortion he said, "I'm not going to deal with a bunch of hypotheticals."

Abortion has been a tricky issue for the grand-old party. Scott himself struggled to articulate his clear stand on abortion and only said that he is a "100% pro-life".

Scott's abortion views can put him at odds as a majority of Americans believe that abortion should be a fundamental right and should be legal in all or most cases.

Raised by a single mother, Scott has often talked about his years growing up when Frances Scott worked long hours as a nurse's assistant to provide for her two sons. He talked about how their simple life was centered around their strong Christian faith.

Today, Scott's faith is an essential part of his political narrative. He is known for quoting from scriptures at campaign events.

Larry Ellison To Back Tim Scott's 2024 Run

 Getty Images | Evelyn Hockstein-
Getty Images | Evelyn Hockstein-

Oracle co-founder Larry Ellison is all set to spend millions to support Scott's run for president, CNBC reported. The plan has been in motion since the middle of last year when Ellison reportedly donated $30 million to a pro-Scott super PAC, Opportunity Matters Fund. Rumors have it that Twitter owner Elon Musk could also support his friend in backing the South Carolina senator, however, nothing is confirmed as of now.

Tim Scott Hopes To Be The First Unmarried President

Getty Images | Win McNamee
Getty Images | Win McNamee

From running as a proud 30-year-old-virgin, who emphasized his Evangelical Christian faith and his devotion to the Ten Commandments, to the 57-year-old optimist running for the presidential election, Scott has come a long way. In 2018, he told Politico how he prioritized his career over his love life.

"As a poor kid growing up, the most important thing for me to do was take care of my mom. And until I had that accomplished, starting a new family was just not an option for me," he said. 

Tim Scott - Net Worth

As per Celebrity Net Worth, Scott has a net worth of $200,000 and his congressional salary is around $174,000 per year. However, his salary more than doubled last year thanks to a book deal with HarperCollins for his memoir.

MORE ON MARKET REALIST
The owner of the collection of Danny Lyon SNCC Civil Rights Posters was left astonished in the end.
22 hours ago
After Harrison bought a signed speed bag for $250, he happened to meet the star at a dinner.
1 day ago
The contestant, Doug, had a hard time coming up with a sensible answer.
1 day ago
While Jennings performed a half-baked trick, it still managed to thoroughly entertain the fans.
1 day ago
The player, Andy Schwartz registered the first loss of a car since Seacrest took over as host.
2 days ago
The guest kept his grandparents' antique instruments under his bed for years.
2 days ago
Harris wasn't the only one who came up with an answer that shocked everyone.
2 days ago
Despite getting a high auction estimate, the owner of the Meiji Period lamp chose to keep it.
2 days ago
The player, Gabriel Berkowitz pulled off a perfect night winning over $45,000 and a car.
3 days ago
Harvey showed no mercy after he found out that Sweet Lou Dunbar didn't know how apps work.
3 days ago
The founder of Plop Star made an unforgettable entry and a sad exit from the show.
4 days ago
The host is otherwise quick to reprimand families for backing absurd answers.
4 days ago
While the Marvel comic book fetched a $50,000 appraisal, Harrison felt it was too rich for him.
4 days ago
Jimmy Alexander became the first player to lose a brand-new car on season 43 of the show.
5 days ago
The contestant, Brianne Peterson got extremely unlucky with her letter picks for the final puzzle.
5 days ago
The guest was told that the Jasper Johns Flag Print wouldn't be valuable but it was worth thousands.
5 days ago
It didn’t help that Alvin Rosales was playfully scolded by the host just before losing the Bonus Round.
5 days ago
The photos featured some looks of the show's legendary former host, Alex Trebek, as well.
5 days ago
The player, Kate Stuntz, pulled off a miraculous win to take home over $68,000 and a trip to Iceland.
6 days ago
The owner couldn’t believe the value of Jane Peterson’s "The Floats" gouache painting.
6 days ago