Mike Pence Net Worth: Mike Pence makes $1 million a year and has a $1 million net worth. American politician Pence is one. Mike Pence is perhaps most known for his roles as Donald Trump’s vice president and as the previous governor of Indiana. When Mike Pence revealed his financial details in August 2016, he said that the majority of his modest net worth, or roughly $500,000, came from his pension.
His primary source of income previous to becoming vice president was his $173,860 annual pay as governor of Indiana. Pence worked as a talk-radio host in Indiana before going into politics. On June 7, 1959, he was born in Columbus, Indiana. He graduated with a bachelor of arts in history from Hanover College and a juris doctor from Indiana University’s law school.
In the late 1980s and early 1990s, Mike ran unsuccessfully for Congress a number of times. He won his first election in 2000. He served in Congress from 2000 until his election as governor of Indiana. He has been married to Karen since 1985, and the two of them have three children together. Despite being a Catholic by birth, he converted to nondenominational Christianity in college.
According to a financial disclosure form released in 2016, Mike and his wife Karen earned a combined $113,026 in adjusted gross income ($173,860 before deductions) in 2015. The majority of money came from Mike’s salary as governor of Indiana. They also received another $9,000 from a pension or annuity fund. They claimed a $3,500 loss related to Karen’s business, That’s My Towel Charm, Inc., and a $80,000 debt related to their children’s schooling. They earned at least $100,000 per year between 2009 and 2016. In 2009 and 2010, they each earned $187,000 per year.
| Net Worth: | $1 Million |
| Date of Birth: | Jun 7, 1959 (63 years old) |
| Place of Birth: | Columbus, Indiana, U.S. |
| Profession: | Politician |
Mike Pence Early life And Education
Pence in the 1977 Columbus North High School yearbook Michael Richard Pence was born on June 7, 1959, in Columbus, Indiana, as one of the six children of Edward Joseph Pence Sr. and Ann Jane “Nancy” Cawley, who oversaw a network of gas stations. Pence retains a copy of the letter of recognition for the honour and a picture of the ceremony in his office. His father served in the American Army during the Korean War and was given the Bronze Star in 1953.
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His father was of German and Irish ancestry, while his mother is Irish. His paternal grandfather, Edward Joseph Pence, Sr., worked at a Chicago stockyard. In honour of his maternal grandpa, Richard Michael Cawley, who came to America from Doocastle, County Mayo, Ireland via Ellis Island and later worked as a bus driver in Chicago, Illinois, he was given the name Richard Michael Cawley. His paternal grandmother’s grandparents were native Irish from Doonbeg in County Clare.
Mike Pence Early career
Pence began working as a private practise attorney in 1986, after receiving his law degree. In the 1988 congressional election, Pence ran against Democratic incumbent Philip Sharp but was defeated. In 1990, he raced against Sharp once more, quitting his job to focus solely on the race. He lost both times. Throughout the election, Pence “used political contributions to pay the mortgage on his house, his personal credit card account, groceries, golf tournament fees, and car payments for his wife.” Even if the spending was legal at the time, his campaign allegedly suffered as a result.
Reagan and Pence at the White House in 1988. During the 1990 race, Pence ran a television ad in which an actor speaking with a thick Middle Eastern dialect and wearing a robe and headgear praised Sharp for doing nothing to wean the nation off foreign oil. Sharp was the chairman of a House subcommittee on energy and power at the time. In response to criticism, the Pence campaign said that the commercial wasn’t about Arabs, but rather Sharp’s lack of initiative.
In an essay titled “Confessions of a Negative Campaigner” that was printed in the Indiana Policy Review in 1991, Pence professed regret for airing advertisements against Sharp. Pence pledged to refrain from using offensive language and airing advertisements that degrade his rivals.
In 1991, he was chosen to serve as president of the Indiana Policy Review Foundation, a self-described proponent of free markets and a member of the State Policy Network. He served in this capacity until 1993. Soon after his 1988 first congressional race, Pence was hired by Rushville, Indiana’s WRCR-FM radio station to host a weekly half-hour programme called Washington Update with Mike Pence.
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In 1992, Pence began hosting The Mike Pence Show, a daily talk show on WRCR and a weekly show on WNDE in Indianapolis. Pence labelled himself “Rush Limbaugh on decaf” because he regarded himself to be politically conservative but wasn’t as abrasive as Limbaugh. The Mike Pence Show was broadcast throughout Indiana starting on April 11, 1994, according to Network Indiana.
The programme may be heard on up to 18 radio stations in Indiana during its 9:00 a.m. to noon (ET) time slot, including WIBC in Indianapolis. The Mike Pence Show, a weekend public affairs TV programme, was hosted by Pence beginning in 1995 on Indianapolis TV station WNDY. Pence ceased hosting radio and television programmes in 1999 so that he could concentrate on his successful bid for Congress in 2000.
Mike Pence Personal Life
In 1959, Nancy and Edward J. Pence gave birth to Mike. Five of his siblings are living. At Indiana University Law School, he first met Karen (née Batten), the woman who would become his wife. In 1985, they got married. After his father went away in 1988, Pence’s mother was left a widow with four adult children and two teenagers. The three children of Mike and Karen Pence are Michael, Charlotte, and Audrey.
Michael Pence, a First Lieutenant in the US Marine Corps, is a pilot. Pence’s family lived in Arlington, Virginia while Congress was in session, and Columbus, Indiana when it wasn’t. Pence told a reporter in a 2002 interview that he would only eat dinner alone with his wife. On May 1, 2004, Pence’s mother was remarried, this time to Basil Coolidge Fritsch, who had been widowed since 2001.
In 2018, Greg Pence, Pence’s elder brother, ran for and was elected to represent Indiana’s 6th congressional district. Greg Pence once used Mike Pence as a scapegoat to deflect attention from his brother while Mike Pence was being evaluated as a potential running mate for Donald Trump due to their physical similarity. Keep checking our website for the most recent updates. newswatchlist.com