If Pence wins the nomination on May 8, hes almost certainly going to be the next representative from this district, which backed President Donald Trump by 40 points in 2016. His current term ends on January 3, 2025. We have estimated Greg Pences net worth, money, salary, income, and assets. They also have a total of six grandchildren. He also has a private jet. Milly Lothian, a spokesperson for Greg, toldThe Star Press, "As you may know, Congressman Pence is not engaged in the active management of the Exit 76 Antique Mall." Incumbent Rep.Luke Messer is running for the GOP Senate nod, and is a close ally of Pence, who served as Messers finance chairman before launching his own campaign. He served as the 50 th governor of Indiana as a Republican member from 2013 to 2017. A store manager named Joyce Bishop toldRoll Call, "Everybody thinks, 'Oh, he's not going to be involved.'" Massachusettss real median household income: $77,385. On the other side, her darling husband, Mike, doesn't have all that much to his name. They are moving in this. The son of a U.S. army officer was born in Trieste, Italy. During his involvement at Kiel Brothers Oil Company, he also ran a chain of gas stations as well as convenience stores. Mitchell started out working at Chrysler and later moved on to Ross Education, a medical training company. Pence and the vendors who rent his spaces seemed to see no problems with the products. He made a third run for Congress and won. Date of Birth: Jun 7, 1959 (63 years old) Place of Birth: Columbus, Indiana, U.S. The freshman congressman reported to the Clerk of the U.S. House of Representatives last year that the assets he was required to list were valued between $38.7-$92.9 million. The company is responsible for building some of the biggest commercial parks, office buildings and residential subdivisions in South Carolina. Apparently, this cost Greg's younger brother Mike Pence $673,000, according to 2006 tax filings. Virginias real median household income: $71,535. They collect sales tax for me, they do all the insurance, they do all the utilities, they deal with customers I dont have to worry about anything except bringing new merchandise.. As you might imagine, he's been working a bit harder in the private sector than his brother Mike in order to amass those millions. Phone: (812) 799-5230 Fax: (844) 313-1563 Greenfield Office 18 E. Main Street, Suite 210 Greenfield, IN 46140 Phone: (812) 799-5233 Richmond Office 50 North 5th Street 2nd Floor Richmond, IN 47374 Phone: (765) 660-1083 Contact Email Me Newsletter Subscription Offices Request an Appearance Website Problem Issues Agriculture Community Economy the book says (via Celebrity Net Worth). Greg Pence, net worth $12.6 million, received a loan of $79,441 for his Pence Group, LLC, which he valued on his financial disclosure as worth between $5 and $25 million. A brewery bought it for $9,000. Net Worth: $4 Million. As the website Rollcall.com mentions, disclosure requirements for spousal assets are relatively unspecific, so Sen. Blumenthals true net worth isnt clear. Mike Pence Net Worth: Michael Richard Pence, an American politician born on June 7, . Floridas real median household income: $52,594. Trump did not mention his former president in his statement of endorsement. Texass real median household income: $59,206. The matter of getting confidential documents from the residence of US President Joe Biden was not settled yet, meanwhile, the matter of getting Classified Documents from the residence of former Vice President . According toDaily Mail,Greg Pence used to run the Pence family's chain of Tobacco Road convenience stores. He was the 48 th vice president in the United States between 2017 and 2021. His great grandfather made a fortune in film, banking and liquor. He owns another antique mall in the nearby town of Bloomington. Inside Greg Pence's Finances: How The VP's Brother Makes Money. Mike Pence Net Worth. Trivia. Apart from just Kiel Brothers Oil Company, Greg Pence has also worked for other companies including Marathon Oil and Unocal. After failing in his 1988 and 1990 congressional campaigns, he went on to . He is from United States. Mike Pence's Net Worth: An Overview. In 1999, he was elected to the board of directors of Home Federal Bancorp and its subsidiary Home Federal Savings Bank. The official Facebook page for U.S. Representative Greg Pence. Thats frustrated some Republican consultants whose clients need the help more. id: "96220e5d-b43a-44f2-bae8-6cba7e69115c", Michigans real median household income: $54,909. . })(document); Gregory Joseph Pence or simply known as Greg Pence is a popular American businessman. Its a good deal for Congress and its not a good deal for taxpayers.. Most people dont get that kind of golden handshake, says Grover Norquist, president of the right-leaning Americans for Tax Reform. Gregory Pence was born on 09/14/1958 and is 63 years old. That comment about Greg's involvement at the malldoesn't exactly bode well for the 2020 racially charged scandal at the mall though, especially since Greg's spokesperson toldThe Star Press he's not "engaged in the active management"of the mall. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. The outlet also reported that Greg's wife Denise Pence runs the mall. Origin of wealth: CEO of multiple companies, Georgias real median household income: $56,183. Rep. Greg Pence @RepGregPence. Mike Pence Net Worth. And I hope you noticed, were really clean. Republican primary opponent Jonathan Lamb has loaned his campaign $800,000 since launching his candidacy, but raised just $9,000 during the first quarter. Watch: A Loyalty Contest for Trump in Indiana: GOP Senate Primary in Full Swing. Spartz (Republican Party) ran for re-election to the U.S. House to represent Indiana's 5th Congressional District.She won in the general election on November 8, 2022. The next year, with the company bankrupt, the value of those shares dropped to zero. In the early 2000s, the company had grown to more than 200 locations and Pences brother Greg was president. Greg Pence was born as Gregory Joseph Pence on November 14, 1956, in Columbus, Indiana, USA. Pence ( Republican Party) ran for re-election to the U.S. House to represent Indiana's 6th Congressional District. Facts: Currently, Greg Pence has been serving the Republican Political Party. While serving as . It is mandatory to procure user consent prior to running these cookies on your website. Currently, Greg Pence has been serving the Republican Political Party. Before starting his own law firm, he attended Hanover College and the Robert H. McKinney School of Law at Indiana University. They are both collectively owned by Pence Group LLC. The former tax and environmental litigator made great money in his private legal practice, but marrying the head of a major private equity firm didnt hurt, either. Pence, then in his second term in Congress, watched his nest egg crack. Greg Pence ( Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. Unlike those quite wealthy public servants, whose net worths stack up past the hundreds of millions and into the billions, Mike Pence has not devoted much of his time to acquiring private sector earnings. Greg Jacob's net worth is believed to be $12 million. The exact value is not clear, but Greg's 2018 financial disclosure form estimates that the mall is valued somewhere between $5 million and. As of February, 2023 Mike Pence net worth is $1 million. Rent at one of the 600 booths at the Edinburgh mall starts at $189 per month, and he takes a commission from each sale made. [6][12], Pence was the finance chairman in U.S. Representative Luke Messer's 2018 campaign for the U.S. Except for the Revolving Door section, content on this site is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License by OpenSecrets.org. And it appears he offered more than the asking price, as it was initially listed for $1.8 million. Between the 12 years Pence served in the House and his two years as vice president, he is currently eligible to collect an estimated $50,000 per year from the federal government for the rest of his life. EDINBURGH, Ind. They are both collectivelyowned by Pence Group LLC. Finally, the 2017 real median household income levels per state are from the U.S. Census Bureaus annual American Community Survey. Let's investigate. That means taxpayers are on the hook to fund the 60-year-old vice presidents retirement through his state and federal pensions. Appears that may be the day where the Pence pressure is the focus. Another spokesperson explained, "The oil and gas industry changed rapidly in the 1990s and early 2000s, and many small, independent companies like Kiel Brothers were not able to survive.". Red vests are appropriately named floor staff who will unlock glass cases for customers at the ring of a bell. [5] [6] He earned a commission in the Marines in 1981 after receiving his undergraduate degree and served for five and a half years, rising to the rank of first lieutenant. Greg Pence officially kicked off his professional career in the year 1979 after being commissioned in the Marines. Pence's decision to . We'll assume you're ok with this, but you can opt-out if you wish. Mike Pence Net Worth, a former vice president of the United States, will have a $1 million Mike Pence Net Worth in 2023. Theyre mostly stale enterprises with not much life, said one vendor of the antique mall model. Mike's brother Greg is currently running for Congressman in 2018. Inside the Antique Mall Thats Greg Pences Largest Asset, Vice presidents brother is running for Congress but seldom gives interviews, Indiana congressional candidate Greg Pence. His father started a successful industrial real estate business after World War II: the Warren Norman Co. Greg Pence received his BA degree in Theology as well as Philosophy from Loyola University Chicago. Feel free to distribute or cite this material, but please credit OpenSecrets. Meanwhile, Pence and his wife owe between $100,000 and $245,000 across eight Parent PLUS student loans they took out to help put their three children through college. }; However, Greg Pence also earns some amount of money through some of his businesses. [18], Denise Pence was an Indiana delegate at the 2016 Republican National Convention and cast her vote for Donald Trump and Mike Pence to be the party's nominees. The only signs of Pence were framed newspaper clippings about him and his wife, Denise, purchasing the store in 2006 that hung in the concession area and one red-and-yellow Greg Pence lawn sign tucked into the corner of a conference room. A few years later, in 1983, he completed his masters degree in Business Administration from the same Loyola University Chicago. So far, Greg Pence's path falls solidly under the category of loyalty to his brother, despite the fact that he personally objected to certifying Pennsylvania's election results on January 6,. If Pence has been making regular contributions, he could have hundreds of thousands in additional funds stashed in a plan that ethics laws do not require public officials to disclose. For example, a local brewery ended up paying $9,000 for a table made out of repurposed wood from an old barn. Former Vice President Mike Pence and his wife, Karen, have put their Washington, DC, days behind them and are living in a $1.93 million Indiana home they purchased last month. The larger mall, a sprawling 72,000-square-foot complex in Edinburgh, Indiana, is his biggest asset. Estimated net worth: Between $17-$69 million, Marylands real median household income: $80,776. [2][3] He was raised in the Catholic faith. Apart from being just a businessman, he is also well-known as a politician. We also use third-party cookies that help us analyze and understand how you use this website. The antique mall takes a commission of each sale, but all merchandise belongs to the vendors until its sold. We will update Greg Pences Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. First elected to Congress in 2018, 65-year-old Greg Pence represents a deeply Republican and largely rural district that his brother held for 12 years before he was elected Indiana governor and. Their eldest daughter Nicole was previously working for Indianapolis as a TV anchor. While Mike Pence's net worth is estimated at a moderate $1.2 million, according to Forbes, Greg Pence's net worth is $12.6 million, reported the Center for Responsive Politics. But most members have much more than that thanks to family money, business investments and, in one case, a freshman congressman with a winning lottery ticket. However, they've made plenty of headlines. Required fields are marked *. Sign up for our newsletter to track moneys influence on U.S. elections and public policy. These cookies will be stored in your browser only with your consent. Your email address will not be published. We have estimated Greg Pence's net worth , money, salary, income, and assets. His battalion was stationed in Beirut in the year 1983. Bronze, 1.78g, 17.14mm KM# 926. This website uses cookies to improve your experience while you navigate through the website. Ten years after the landmark 2010 Supreme Court decision known as Citizens United which, according to the Brennan Center for Justice, "further tilted political influence toward wealthy donors and corporations" more and more attention is now paid to how much politicians are worth and how much they earn while in office. His biggest expense so far has been media consulting for ads in which he pokes fun at his last name and cracks an egg into a frying pan. The estimated range of net worth of Greg Pence is approximately $5 million to $26 million. Sen. Hoeven started his career as a bookkeeper at First Western Bank & Trust in Minot, owned by his father. Mike has a worth of just around $1.2 million. You want to carry a drink around? Scotts wife, Anne, has holdings under her name between $171 and $208 million, according to Politico. Pence earned nearly $112,000 in his final year as governor, so Indiana will owe him around $35,000 per year starting at age 62, an income stream worth at least $500,000. In 2019, Forbes also reported that Pence doesn't own a home and "hasn't saved much besides $65,000 in index funds, at most, and less than $15,000 in a bank . But most members have much more than that thanks to family money, business investments and, in one case, a freshman congressman with a winning lottery ticket. So, how much is Greg Pence worth at the age of 65 years old? In 2018,Roll Callreported that Greg Pence's largest asset is the Exit 76 Antique Mall in his home state of Indiana. In fact, some of those candidates we . The warehouse-like building carrieseverything from a $10 U.S. Capitol porcelain plate to an $800 barbecue bull that lets smoke out of its nose, with plenty of Elvis figurines, costume jewelry, knives and grandfather clocks stuffed in between. Please only use it for a guidance and Greg Pence's actual income may vary a lot from the dollar amount shown above. Born in Columbus, Indiana, on November 14, 1956,[1] Pence is the oldest of six children born to his parents, Ann Jane "Nancy" (ne Cawley) and Edward Joseph Pence Jr., who ran a group of gas stations. Mike Pence office. He is from United States. The Exit 76 mall has 15 employees, while the smaller one in Bloomington has 12. Republication and duplication of text and coin images and all other Content of uCoin.net site is prohibited unless explicitly authorized by the site . Jeannine Lee Lake, Pence's Democratic opponent for his House seat this November, shared photos of these products and denounced Pence for selling them. But opting out of some of these cookies may have an effect on your browsing experience. One of their sons, John was the senior advisor for Donald Trumps Presidential Election this year in 2020. In July 2020,ABC Newsreported that theExit 76 Antique Mall in Edinburgh, Ind., which Greg owns, came under fire for selling items with racist depictions of Black people. Inside the Antique Mall That's Greg Pence's Largest Asset Vice president's brother is running for Congress but seldom gives interviews A worker arranges merchandise at the Exit 76 Antique Mall. (Lawmakers and candidates are required to report the value of their assets only in broad ranges.) Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Vice President Mike Pence and his older brother, Greg, sure have a lot in common. (Beer people. The median household income in the U.S. is $61,372, according to the U.S. Census Bureau. But on a crisp, sunny Friday one of those Indiana spring days that gave way to snow and rain showers three hours later Pence wasnt seen at the antique mall. On June 3, Pence revealed that he spoke with Trump many times since Jan. 6. Today, we honor the 13 brave and selfless American heroes who upheld their oath to our Nation. He later invested in biotech, ceramics and health care. Its unclear how much of that money he still has, or whether he has made even more with investments. Moreover, he doesn't seem to own a home and hasn't saved much besides $65,000 in index funds, at most, and less than $15,000 in a bank account. That is one of Gregorys pet peeves, she added. If he were able to sell that annuity today, he could get around $700,000 for it. His daughter, Charlotte released a book, Marlon Bundo's: A Day in the Life of the Vice President. "Vendors can't sell underwear," wrote Simone Path, of the aforementioned 2018 Roll Call article. 2023 NYP Holdings, Inc. All Rights Reserved, Date set for first Republican presidential primary debate in Milwaukee, Jared Kushner, Ivanka Trump slapped with subpoenas by special counsel investigating Capitol riot: report, DOJ searches Mike Pences nonprofit group office and comes up empty, Mark Meadows subpoenaed by special counsel probing Jan. 6: reports. Defeated again, Pence joined a conservative think tank and established himself as a local radio star, billed as Rush Limbaugh on decaf. He offered his take on the news of the day (Is adultery no longer a big deal in Indiana and in America? he asked during a 1997 national sex scandal) and chatted with state and local politicians. From 2001 to 2013, he served as a member of the U.S. House of Representatives. He has a prolific professional career that has garnered him a lot of money. For some reason, theyre usually poorly lit but thats kind of our fault. It would be an understatement to say that the 116th United States Congress is merely wealthy. Pence defeated Lake in a rematch in the November 3 general election with 68.6% of the vote. Pence has one the modest net worth, although he served in high ranks in politics. [16], Pence and his wife, Denise, own two antique malls. His older brother Greg Pence is in politics too, currentlyserving as a U.S. Representativefor Indiana's 6th congressional district since 2019, which is a role that Mike had from 2003 until January 2013. EmployeessaidPence stops in three or four times a week when hes in town. A financial disclosure in 2016 claimed the VP and his wife, Karen Pence, earned $133,026 in a year's worth, which was earned mostly from his time as the governor of Indiana. Washington, d: "YmlvZ3JhcGh5dHJlZS5jb20=", He has also likely been saving a chunk of his federal salary through the Thrift Savings Plan, essentially a 401(k) for government employees. So exactly what is Greg Pence's net worth? It turns out Mike Pence made more than one major change to the vice presidential script for presiding over the Jan. 6 counting of electoral votes. This is his first run for office, but he was often at his brothers side during his campaigns so much so that hed sometimes be mistaken for the vice president. Her husband, investment banker Richard Blum, is president and chairman of Blum Capital and has at least $21 million in assets according to the Los Angeles Times. Greg Pence Net Worth His net worth has been growing significantly in 2020-2021. Watch:The Veep A Heartbeat Away From a Tie-Breaking Vote, The Source for news on Capitol Hill since 1955. One vendor lives inthe Netherlands and ships goods from overseas, coming in four times a year. And the general lack of campaign memorabilia was surprising. These cookies do not store any personal information. Inside the Kardashians' $6,000-per-night Lake Tahoe finale Once a dining hotspot, this shuttered NYC restaurant owes the city $32M in rent, Mary-Kate and Ashley Olsen's 'It Takes Two' abandoned mansion demolished, This NYC apartment asks $599K and doesn't have any windows, King Charles evicting Harry, Meghan from Frogmore Cottage, giving to Andrew, Hoda Kotbs lengthy Today show absence caused by family health matter, Ed Sheerans wife, Cherry Seaborn, was diagnosed with tumor during pregnancy, Heroic bus driver saves student from passing car, Meghan Markle, Prince Harry have first night out since bombshell 'Spare' released, King Charles to evict Harry and Meghan from Frogmore Cottage so he can give it to Andrew. WASHINGTON (AP) Greg Pence watched the Jan. 6 insurrection unfold from an extraordinary perch.. As chants of "Hang Mike Pence" echoed in the Capitol, the Republican congressman from Indiana and his better-known brother were whisked away from the Senate by the Secret Service shortly before a mob of Donald Trump supporters burst in, intent on stopping the vice president from certifying . Pence earned nearly $112,000 in his final year as governor, so Indiana will owe him around $35,000 per year starting at age 62, an income stream worth at least $500,000. Cisneros ran on a clever platform of change in the 2018 election that emphasized he could connect with constituents because he didnt have old money, but he also had enough new money that he couldnt be bought. 20005. Origin of wealth: Biotech, ceramics, health care, New Yorks real median household income: $64,894. The son of a Korean War veteran, Pence spent a few years at a small law firm before mounting an unsuccessful campaign for Congress in 1988. So, how much is Greg Pence worth at the age of 66 years old? [12] They have four children and nine grandchildren. Gregory Joseph Pence is a businessman and politician from the United States. He does not own a home and has only saved $15,000 in a bank account and $65,000 in index funds. Those pensions, which will likely pay Pence at least $85,000 per year for the rest of his life, are worth a combined $1.2 millionenough to push Pences net worth to an estimated $1 million after factoring in his six-figure student loan debt. Bishop said there are rumors flying, but neither mall is for sale. [7][6] In 1983, his battalion was stationed in Beirut, Lebanon, and shipped out shortly before the bombings.[8]. Your email address will not be published. See more onWilliam Barr,Steven Mnuchin, Wilbur Ross and Betsy DeVos. The exact value is not clear, but Greg's 2018financial disclosure form estimates that the mall is valued somewhere between $5 million and $25 million. Greg Pence is more popular for being the brother of the present vice-President of the USA Mike Pence. Later, in the year 1998, he became the President and continued providing its services until the year 2004. According the Center for Representative Politics, Greg Pence's net worth is valued at just over $12 million. NEW: Pence adviser Greg Jacob intends to publicly testify at a hearing next Thursday, June 16, according to a source familiar with the panel's schedule. "And the general lack of campaign memorabilia was surprising. The future vice president helped out at Kiel Bros. growing up, but he never went into the business. [11] Pence also worked for Marathon Oil and Unocal. He is from United States. . Longtime employees said the antique mall hasnt changed much since the Pences took over in 2006, except that theyve increased newspaper and television advertising. They have nine grandchildren. He is an Former Vice President of the United States. Mike Pence buys a $1.93 million Indiana home. He is a member of famous with the age 65 years old group. However, she insisted that's not the case, claiming that she communicates with Greg daily, remarking, "He knows exactly what's going on here."