Dick Cheney Net Worth: Is This Politician Rich?

Richard Bruce Cheney popularly known as Dick Cheney is in high talk. The renowned American politician who is also a reputed businessman is on our radar. I hope you all remember the period between 2001 to 2009, for almost 8 years, Dick Cheney was seen as the vice president of the United States.

As per our records, he is recognized as the 46th vice president of the country. We all know how reputed this man is, but today we are highly focusing the spotlight on his net worth! This veteran man knows politics very well but we are curious to know about his bank balance. So let’s not stretch the matter further and quickly jump into the main discussion of the day.

Dick Cheney Net Worth

Dick Cheney Net Worth

Dick Cheney is often referred to as one of the richest American politicians out there. Let’s review his house first. We would like to give you a closer look at Dick Cheney’s lavish residence. Currently, he owns an 8,700-square-foot luxurious property in Lincoln, Nebraska. As per studies, he bought the property for around $11 million. The house comes with modernized facilities and has a total of 7 bedrooms and 8 bathrooms. In addition to all these, the property also comes with two giant pools which are mostly not used by him. 

Now let’s move to his long-term assets. In this same context, we will also like to throw some light on his prolonged investment policies and strategies. In total, he is the owner of 12 real estate properties. This man also owns 5 super-fast new model cars. From BMW X8 to Jaguar XE, his garage is filled with beasts like these, and it looks like he has developed a very refined taste in cars. Apart from these costly treats, he also owns one yacht, which comes with new technological facilities. 

If you take a quick scan of Dick Cheney’s original assets portfolio, then you will also find that this veteran man holds a cash reserve of $13 Million. As years are passing by, the amount of this cash reserve is also increasing. Coming to his investment profile, so far, he has only invested in 12 stocks, but all of them have been spread out strategically among giant multinational companies. 

As of now, he derives a value of $15 million from his investment. He has mostly invested in reputed companies like Amazon, Costco, and Intel. As we already mentioned above he has around 12 real estate properties and most of them have been rented out. He receives rent every month from these house properties which gives him a revenue of $550,000. 

Moreover, Dick Cheney also has a side income of $10 Million. This amount includes mostly his bank deposits and government bonds. All in all, this veteran man holds a net worth of $150 million which is surely not a small amount! This man surely knows how to channel his money wisely.

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Dick Cheney Liabilities 

Cheney has seen the real struggle. Fame and popularity were not served to him readily, he struggled a lot throughout his young age. To complete his higher education, Cheney even took a student education loan equivalent to $20,000. But as he developed a strong base in his political career, slowly and steadily, he cleared the whole loan amount. But a few years ago, Dick Cheney took a loan of around $12 Million. 

The money was mainly for his business diversification. He wanted to expand his business around the globe. Some of this amount has been also utilized for media exposure. He has still not repaid this amount. As we mentioned above, he has established his whole net worth on his established terms and conditions. He has righteously utilized his money. His investments are mostly in reputed firms which give him a fair share of dividends every year. 

Dick Cheney’s Personal Life

Dick Cheney Net Worth

Dick Cheney married Lynne Vincent in 1964. They have been together for almost 5 decades now and they are still very much committed to one another. Sources say the two met in high school and that’s when they started their love story.

Not only in the political field, but Cheney has also been quite smooth in his personal life.  They share two beautiful kids, who are now grown up and well-settled in their respective lives. They love their two daughters a lot. Among Liz and Mary, Liz has even tried to walk in her father’s footsteps.

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