For those who closely follow politics and current events, the name Liz Cheney may sound familiar. She is an American lawyer, businesswoman, and politician who currently serves as the Republican Conference Chair in the U.S. House of Representatives. The daughter of former Vice President Dick Cheney, she has had a long and successful career in both politics and business that has helped her to build up a sizable Liz Cheney net worth.
Read on as we take a closer look at Liz Cheney’s background, her career highlights, and her estimated net worth.
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Early Life, Educational Background, and Family
Elizabeth Lynne Cheney was born July 28th, 1966 in Madison, Wisconsin. She is the eldest daughter of former Vice President Dick Cheney and his wife, Lynne Vincent Cheney. Liz attended McLean High School in Fairfax County before graduating from Colorado College in 1988, where she earned a bachelor’s degree in Arts. The University of Chicago Law school also awarded her with Juris Doctor in 1993.
Her dad and mom were both in the political realm, and it appears as if Liz Cheney inherited her parents’ passion for politics. Dick Cheney served two terms as the 46th Vice President of the United States from 2001 to 2009 under the George W. Bush administration, while Lynne Vincent Cheney was a noted scholar and author who published nearly 20 books.
Career Highlights
Throughout her career, Liz Cheney has held many important positions both in politics and the private sector. Her first job was as the Principal Deputy Assistant Secretary of State for Near Eastern Affairs during President George W. Bush’s administration. She also had a successful business career that included roles at Reader’s Digest and Lockheed Martin.
In 2009, Liz Cheney ran for a seat in the U.S. House of Representatives as a member of the Republican Party from Wyoming’s At-large district. She held this position until 2013 when she stepped down to focus on her work with the American Enterprise Institute (AEI).
In 2019, Cheney was elected as the chairperson of the House Republican Conference. Her role in this capacity is considered to be an important one, as she leads many of the policy initiatives for her party in Congress.
She has been involved in a number of prominent political organizations, including the Project for the New American Century and Keep America Safe. Her championing of conservative policies have been widely praised within her party.
Harriet Hageman, a supporter of Donald Trump, defeated Cheney in the Republican primary on August 16, 2022.
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Removal As Conference Chairwoman
Liz Cheney was removed from her role as House Republican Conference chairwoman on May 12, 2021. Her removal came after months of criticism from fellow Republicans over her stance on several issues, most notably Donald Trump and his false claims surrounding the 2020 election.
Despite being voted out of office, Liz stands by her beliefs and continues to criticize the former president.
What’s Liz Cheney’s Net Worth?
Cheney’s father may have been a Vice President of the United States, but it’s her own accomplishments that have allowed her to amass an impressive net worth. Her estimated net worth is approximately $10 million, much of which has come from her various business and political appointments over the past several decades.
In addition to her salary as House Republican Conference chair, where she would earn around $194,400 a year (the same rate of pay as other members of the House of Representatives), she has also earned substantial income from her various roles in the private sector including her current position as a senior fellow at the American Enterprise Institute and not forgetting lucrative positions at Reader’s Digest, Lockheed Martin, and other corporate entities.
Liz also made money through appearances on television and radio shows. Her legal career has been lucrative as well; she likely earned several hundred dollars an hour when representing clients in court, depending on her specialty which is upwards of $500 per hour.
She owns a few properties in Washington DC and Wyoming, including a beachfront house located in Virginia Beach. Her investments also include the stock portfolio of her father’s company, Halliburton.
Personal Life
Liz Cheney is married to Philip Richard Perry, who is also a lawyer. They are the proud parents of five children. They live in Wyoming, though they also own a house in McLean, Virginia.
The couple has been married for more than two decades now and appears to be very devoted to each other. In her free time, Liz Cheney enjoys skiing, snowmobile racing, and playing piano. She enjoys spending quality time with her family and friends.
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Controversies
Liz Cheney has been embroiled in several controversies throughout her political career. In 2017, she was criticized for supporting a controversial healthcare bill that would have repealed the Affordable Care Act. She also faced backlash when she voted against the repeal of President Donald Trump’s travel ban and his decision to withdraw from the Paris Climate Agreement.
More recently, she sparked outrage when she voted against impeaching President Trump in early 2021. This resulted in a leadership challenge, which she ultimately won by a large margin. This is all despite having previously fully supported the president and still claiming to vote in his best interests.
Awards and Recognitions
Cheney has been honored with numerous awards and recognitions throughout her career. These include being named the “Woman of Distinction” by the American Council of Women in 2008, as well as Times 100 Most Influential People in the World list in 2009.
Forbes 50 under 50 lists also honored and recognized Cheney in 2021.
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Wrapping Up
An amazing trailblazer, Liz Cheney has achieved a great deal in her career. From being a law graduate to working as the Principal Deputy Assistant Secretary of State and holding many prestigious posts in the private sector, she has managed to build a considerable Liz Cheney net worth. Despite losing her seat on election day this year, she is still active across many different projects and initiatives, working to make a difference in the lives of many.
