How Liz Cheney Achieved a Net Worth of $7 Million

Liz Cheney

Liz Cheney is an American attorney and politician who has a storied history of involvement in the political arena. Ms. Cheney grew up in a family with strong political ties. Her father is the former vice president Dick Cheney, who also served in the US House of Representatives for the state of Wyoming. We recently learned that Liz has amassed an estimated net worth of $7 million, but how did she get so rich? We were curious about how she made her fortune, so we looked into her personal and career history for a few clues.

Her early years

She was born in 1966 which makes her 55 years old as of 2021. Liz is the daughter of former VP Dick Cheney and his wife Lynne, who raised her with her sister Mary, in Madison, Wisconsin. According to Exact Net Worth, she graduated from high school and attended Colorado College where she earned her Bachelor’s degree. She continued her education, achieving her doctoral degree from the Law School at the University of Chicago. Her education prepared her for an understanding of the law and how it applies in political and other situations. Her life growing up in a politically connected family helped to prepare her for what would follow in her emerging political career.

Her career

Liz didn’t go right into politics after graduation from college. She worked for five years at the State Department before moving on to the U.S. Agency for International Development in the late 1980s through the early 1990s. She left the job to accept a post as a consultant for Armitage Associates. When President Bush was in office she served as Deputy Assistant Secretary of State for Near Eastern Affairs, along with other posts. Her work was in a legal advisory capacity until she chose to run for the Wyoming Senate. In 2014, she ran on the Republican ticket but withdrew her campaign after a turbulent year. She opted to run for the Wyoming position in the US House of Representatives in 2015 and emerged the victor. She was re-elected in November of 2018, reclaiming the post in 2020. She became the chair of the House Republican Conference, but was removed from the post due to her criticism of President Donald Trump.

Ongoing controversy

The List remarks that there is an ongoing debate over Liz’s issues with the Trump administration. She voted for impeachment which didn’t make her popular with some members of the Republican party. She continues to lobby against Trump and is committed to doing what she can to ensure that he is not re-elected to the office of the President of the United States. She plans to run again in 2022 and hopes to be re-elected. She currently serves in the US House of Representatives and maintains her vote in Congress. However, her popularity has declined tremendously since she publicly chose to make public her distaste for the popular republican, so re-election is not certain. She’s been repeatedly referred to as a “RINO,” which is the acronym for Republican in Name Only.

How did Liz Cheney make her fortune?

According to Wiki, Liz Cheney began her professional career in 2002. She is well-connected and educated. Her work as an attorney along with numerous jobs in the federal government paid salaries around $150,000 per year. She has held multiple high-ranking positions throughout the years. She has worked tirelessly for most of her adult life. She is married to Phillip Perry, who is also an attorney like Liz. Together they have tremendous earning potential. Philip also worked for governmental agencies. He served as an associate general for the Department of Justice and the Office of Management and Budget. He also had other jobs including his partnership at the Washington firm Latham & Watkins. Perry has also had a successful career as an attorney. The couple has been married since 1993 and they have five children together. It is also worth noting that her father Dick Cheney is estimated to have a net worth that is in the hundreds of millions of dollars. She was born in a wealthy family with good connections. This gave Liz an easier road to obtain her education and move into her profession without the debt that many young professionals carry with them after college. It also helped her to gain credibility when applying for high-level job positions because of the family name. Although he had these advantages, Liz has still done her part to earn her way and build her credibility.

The verdict

It’s safe to assume that Liz Cheney and her husband Philip Perry both worked to earn the fortune they now share. Both were high-ranking attorneys who worked in high-level government positions. It’s still unclear exactly how Liz came to have an estimated net worth of $7 million, but we assume that it’s likely because of a few good investments made by herself and her husband throughout their lives together. Liz likely made more during her time as a private consultant than she did as a politician. She and her husband both have brilliant careers in law and they have worked together to grow their wealth. We’ve found no other sideline jobs or glaring investments, although they both likely have made some investments that help to augment their wealth.

Final thoughts

Elizabeth Cheney has done remarkably well in her career both inside and outside of the political arena. She understands how the system works and has had advantages that many people going into political life do not have. She has had the support of her mother and father and husband along the way. Liz is an intelligent, educated woman who has carved a niche for herself as an attorney and as a political figure. It is from these activities that she and her husband have made their millions. They did not build their fortunes in a short period. They have been together for nearly thirty years and have both embarked on various positions. She didn’t earn the fortune on her own, but rather, the two have worked together and have done well in handling their finances responsibly.

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