Net Worth Overview
- Net Worth: $300 Thousand
- Category: Richest Politicians › Republicans
- Birthplace: Colorado Springs, Colorado, U.S.
- Profession: Politician
- Nationality: United States
What is Scott Walker’s Net Worth?
Scott Walker, an American Republican politician, is best known for serving as the 45th Governor of Wisconsin (2011 – 2019). Despite his high-profile political career, his net worth is relatively low at $300,000.
In 2014, Walker publicly disclosed that he had a negative net worth of -$84,000, largely due to:
- Student loans for his two sons.
- $10,000 – $15,000 in credit card debt.
His financial situation improved after leaving office, but he still does not rank among the wealthiest U.S. politicians.
Early Life and Education
Scott Kevin Walker was born on November 2, 1967, in Colorado Springs, Colorado. His family later moved to Delavan, Wisconsin, where he attended Delavan-Darien High School.
Walker enrolled at Marquette University but did not complete his degree, instead choosing to pursue a career in politics.
Political Career
Wisconsin State Assembly (1993 – 2002)
Walker was elected as a Member of the Wisconsin State Assembly (14th District) in 1993, serving until 2002. His tenure focused on:
- Budget reforms.
- Criminal justice policies.
Milwaukee County Executive (2002 – 2010)
In 2002, Walker became the 5th Executive of Milwaukee County, a position he held until 2010.
- He gained recognition for cutting government spending and pushing fiscal conservatism.
Governor of Wisconsin (2011 – 2019)
In 2010, Walker was elected Governor of Wisconsin and quickly made national headlines with his controversial policies.
Wisconsin Budget Repair Bill & Recall Election (2012)
- Introduced the Wisconsin Budget Repair Bill, which limited collective bargaining rights for public employees.
- The move sparked mass protests and led to a recall election in 2012, which Walker survived, becoming the first U.S. governor to win a recall election.
Presidential Ambitions & 2016 GOP Primary
- In 2015, Walker announced his candidacy for the U.S. presidency.
- However, he dropped out of the Republican primary after failing to gain traction.
Defeat in 2018 Gubernatorial Race
- In 2018, Walker ran for a third term as governor but lost to Democrat Tony Evers.
Post-Governorship Career & Financial Recovery
After leaving office in 2019, Walker took on various roles to improve his financial situation:
- Became the President of Young America’s Foundation (YAF), a conservative youth organization.
- Started giving paid speeches, helping him move away from his previously negative net worth.
Personal Life
Walker married Tonette Tarantino in 1993, and they have two sons.
Conclusion
Scott Walker’s net worth of $300,000 reflects his middle-class financial struggles, including past debt from student loans and credit cards. Despite his high political profile, he has not amassed the wealth often associated with long-term political figures. His post-governorship career in conservative advocacy is likely helping him improve his financial standing.