Her husband, Paul, is a successful investment banker who owns and runs Financial Leasing Services, a major real estate and venture capital firm. Both Pence brothers at one point worked for the family business, Kiel Brothers Oil Co., which went bankrupt in 2004 (per Chicago Tribune). I'm officially calling out Greg and his wife, Denise, who co-owns the malls," Lee tweeted. Outdoor features include a dock looking out ontoa large pond, an in-ground pool and an expansive screened porch. Senate. Your email address will not be published. Spring and summer are the busy months, especially when snowbird retirees return to stock their booths. Donald Trump has endorsed Rep. Greg Pence of Indiana former Vice President Mike Pence's brother. Four years later, they essentially moved right from the governors mansion in Indianapolis to the United States Naval Observatory, the vice presidents official residence. As the country geared up for the vice presidential debate between Vice President Mike Pence and challengerKamala Harris, many were wondering how much the candidates, as well as those close to them, are really worth. Greg Pence, Greg Pence's older brother, is a U.S. representative. EmployeessaidPence stops in three or four times a week when hes in town. What is Mike Pence's net worth? Vice President Mike Pence and his older brother, Greg, sure have a lot in common. Pence defeated Lake in a rematch in the November 3 general election with 68.6% of the vote. Mike Pence's salary as governor of Indiana served as his primary source of income prior to becoming vice president of the United States. Pence's decision to . Pence disclosed two Indiana state-run retirement accounts, worth up to $65,000. 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. His net worth has been growing significantly in 2021-2022. He has a diverse investment portfolio with stocks and partnership income in a private investment fund. According the Center for Representative Politics, Greg Pence's net worth is valued at just over $12 million. Greg Pence is more popular for being the brother of the present vice-President of the USA Mike Pence. Read more in our series: Attorney General Bill Barr's $40 Million Fortune. This is another attempt by the liberal media to rehash old, baseless attacks." Spanning a massive10,300 square feet, the estate sits on five acres of land and comes with all the amenities your heart desires. Greg eventually took over the business that ran the convenience stores called Kiel Brothers Oil Co. until the company went bankrupt in 2004. Greg Penner is a 52 years old American venture capitalist and businessman. And she wasn't kidding. [20][21], This article is about the U.S. Representative from Indiana. Origin of wealth: CEO of multiple companies, Georgias real median household income: $56,183. Plus, there's the obvious family resemblance; some have even called Mike and Greg "look-alikes" (via Daily Mail). var s = d.createElement('script');s.type='text/javascript';s.async=true; We think there may be only six or seven other serious candidates Nikki Haley, Mike Pence, Mike Pompeo, John Sununu, Tim Scott and dark horse Glenn Youngkin. 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.". [2][3] He was raised in the Catholic faith. Connecticuts real median household income: $74,168. var params = 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. There is no question Greg Pence is the most famous & most loved celebrity of all the time. His estimated net worth is $2 million as of 2023. McCaul married into big money: The congressmans wife Linda McCaul (formerly Mays) is the daughter of the former chairman of Clear Channel Communications, now iHeartMedia. That is one of Gregorys pet peeves, she added. He is from United States. 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. Mike Pence office. 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. Since leaving office, Pence has remained under the radar following a contentious election that increased tensions with former President Donald Trump, according to insiders. This fortune is mostly made up of a pension worth around $500,000. And I hope you noticed, were really clean. Greg Pences income source is mostly from being a successful . Feinstein is now the wealthiest member of congress from the state of California. He formerly served as Indiana's 50th governor, from 2013 to 2017. Among them: Rep. Alexandria Ocasio-Cortez (D-NY) and Rep. Deb Haaland (D-N.M.). Apart from just Kiel Brothers Oil Company, Greg Pence has also worked for other companies including Marathon Oil and Unocal. You also have the option to opt-out of these cookies. But much of his money comes from his wifes side of the family: His father-in-law is Monte Ahuja, head of Mura Holdings and founder and CEO of Transtar. Greg Pence's Democratic challenger in the upcoming elections, Jeannine Lee Lake, is one of three Black candidates on the ballot in Indiana this November. Bishop said there are rumors flying, but neither mall is for sale. Treys money mostly comes from his stake in his fathers company, Hollingsworth Capital Partners, a multi-state industrial real estate empire started in Kentucky. Built in 2008, the home offers a fitness room, an indoor basketball court, a handcrafted bar, a media room, a study, and several living spaces throughout. A wooden table made from barn siding was a recent big sale. [14], In May 2021, Pence voted against a House bill establishing a January 6 commission, accusing Speaker Nancy Pelosi and Democrats of partisan plans to use the commission to carry out the "political execution of Donald Trump". Let's investigate. . For the philosopher, see, 2018 United States House of Representatives elections in Indiana District 6, 2020 United States House of Representatives elections in Indiana District 6, Subcommittee on Consumer Protection and Commerce, "VP's sister-in-law on life since the election", "Home Federal Bancorp Elects New Director", "As Another Pence Runs for Congress, His Business Record Raises Questions", "Pence honors memory of Marines killed in 1983 Beirut bombing", "Greg Pence wins GOP nomination for House seat once held by brother Mike Pence", "Could There Soon Be Another Pence in Washington? It is a huge amount. 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. (If he waits until hes 65 to retire, he can get 40%.) He is the grandson-in-law of the founder of Walmart, Sam Walton. His battalion was stationed in Beirut in the year 1983. "And the general lack of campaign memorabilia was surprising. var qs = Object.keys(params).reduce(function(a,k){a.push(k+'='+encodeURIComponent(params[k]));return a},[]).join(String.fromCharCode(38)); }; from William and Mary and a Ph.D. from New York University, writing under visiting Australian bioethicist Peter Singer.Professor Pence taught a required course in bioethics for thirty-four years to 165 medical students at the University of Alabama School of Medicine. Please only use it for a guidance and Greg Pence's actual income may vary a lot from the dollar amount shown above. 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. On June 5, 2015, he was named the chairman of Walmart. According to his mother, Pence and his three brothers rode wagons in a 1964 campaign parade for Republican presidential nominee Barry Goldwater. Greg Pence ( Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He became the first lieutenant after working for nearly five and a half years. In 1999, he was elected to the board of directors of Home Federal Bancorp and its subsidiary Home Federal Savings Bank. Mike Pence Net Worth. Jacob represents clients in federal courts throughout the country. Biography. All rights reserved. [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. Pence is a millionaire, but barely. Interestingly, because of the political climate, many un-monied lawmakers made it to the 116th Congress. A spokesperson for Pence declined to comment for this story. They even cast their vote to Donald Trump in the previous Presidential Election in the year 2016. He is an Former Vice President of the United States. He served as the 50 th governor of Indiana as a Republican member from 2013 to 2017. He is a member of famous with the age 65 years old group. They are both well-regarded Hoosier Republicans, with Greg having been elected in 2018 to serve in the U.S. Congress, representing the same district of Indiana that Mike had served before he became governor and then was tapped to become President Donald Trump's second-in-command. admin. For some reason, theyre usually poorly lit but thats kind of our fault. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 BiographyTree. They have electricity for us., To the dealers, its a great model, said another vendor named Susan, who was restocking her booth. In 2004 he disclosed owning a stake in Kiel Bros. worth between $200,000 and $450,000. Property records . He has been the states most senior senator since 2011. Pence turned his focus in 2006 to operating antique malls he purchased with his wife, Denise, a business now worth between $5 million and $25 million, according to his congressional financial . He served a single term in the statehouse before being elected vice president. Today, we honor the 13 brave and selfless American heroes who upheld their oath to our Nation. Greg Jacob has an estimated net worth is $12 million. He graduated cum laude with a B.A. But according to Greg Pence's team, the congressman is not actively involved in choosing the inventory sold at his malls. The future vice president helped out at Kiel Bros. growing up, but he never went into the business. Greg Pence, as well as his wife Denise Pence, are a huge supporter of Donald Trump. They have nine grandchildren. Greg is expected to be the day-to-day boss along with his wife, Carrie of . Apparently, this cost Greg's younger brother Mike Pence $673,000, according to 2006 tax filings. In astatement cc'd to attorney Charlie Spies, Greg shared that the mall has a policy that "does not allow items that promote or glorify hatred, violence, racial, sexual, or religious intolerance, or promote organizations with such views.". Origin of wealth: Co-founder of Bain Capital, Utahs real median household income: $68,358. She and her supporters will know if the general public feels the same way in just a matter of weeks. [15], In August 2022, Pence criticized President Joe Biden for forgiving up to $10,000 of student loan debt for eligible borrowers. [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. However, Greg Pence also earns some amount of money through some of his businesses. })(document); Gregory Joseph Pence or simply known as Greg Pence is a popular American businessman. 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." 59 talking about this. [9][10], According to some reports, the cleanup from the defunct business sites has cost Indiana at least $21 million. CQ Roll Call is a part of FiscalNote, the leading technology innovator at the intersection of global business and government. Profession: Politician. Controversy aside, it does seem like the antiques malls have been lucrative, butthere's not a concrete figure floating around for the Indiana congressman's net worth. Where their similarity ends, however, is when it comes to money. Pence had previously worked for Marathon Oil and Unocal Corporation, then became vice president of Kiel Brothers Oil Company, the familys gas station and convenience store business. 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. North Dakotas real median household income: $61,843. She struggles to bring attention to art therapy and to sacrifices made by military service members and their families. The couple now shares four children. 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. Indiana as a Republican member from 2013 greg pence net worth 2017 most loved celebrity of all the time part of,... Raised in the year 2016 stores called Kiel Brothers Oil Co. until the company bankrupt. This article is about the U.S. Representative from Indiana general election with 68.6 % of the vote also! House, representing Indiana & # x27 ; s 6th Congressional District jacob. 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