Paul David Ryan, known simply as Paul Ryan, is a famous American politician. To the public, Paul Ryan is perhaps best known as the member of the US House of Representatives from Wisconsin 1st district. Preceded by Mark Neumann, Ryan assumed office in 1999, and has had held the position ever since. Ryan attracted most public attention and media interest in 2012, when he was chosen to be Mitt Romney’s running mate during the presidential election. However, Romney lost to Barack Obama, which resulted in Joe Biden taking the position of the Vice President of the United States. In 2011, Paul Ryan became the Chairman of the House Budget Committee, and in 2013 agreed upon a compromise with Senator Patty Murray, as a result of which “The Bipartisan Budget Act of 2013” was presented. “The Bipartisan Act”, simply called a “budget bill”, deals with spending, effectively controlling the budget of the United States. Later that year, the “budget bill” was signed by President Barack Obama, and therefore, became an official law. For his contributions to politics, Paul Ryan was awarded with the Statesmanship Award in 2011, and that same year also received a Leadership Award, Freedom of Prosperity Award and Fiscy Award. Also, in 2009 Ryan received an honorary degree from the Miami University.
Paul Ryan Net Worth $7.8 Million
A well-known politician, how rich is Paul Ryan? According to sources, Paul Ryan’s net worth is estimated to be $7.8 million, while his annual salary amounts to a total of $175,000. Undoubtedly, most of Ryan’s wealth comes from his involvement in politics.
Paul Ryan was born in 1970, in Wisconsin, United States, where he studied at Joseph A. Craig High School. While in high school, Ryan was chosen to be the president of his class, and in addition to that represented the student body. As a teenager, Ryan played various sports, ranging from skiing to basketball. He continued his studies at Miami University, where he had an opportunity to become an intern for Bob Kasten, who served as a Senator at the time. Aside from his internship, Ryan took up classes at the American University, and helped John Boehner with his campaign. When Kasten failed to win election in 1992, Paul Ryan decided to join the “FreedomWorks” lobbying group, where he worked as a speechwriter, initially for Jack Kemp, who became his mentor, and later became a legislative director for Sam Brownback, who was a United States Senator at the time. Ryan’s breakthrough came in 1998, when he was chosen to be a member of the House of Representatives, where he succeeded Mark Neumann in the 1st District seat.
Aside from being the United States Representative, Paul Ryan also serves as the Chairman of the Committee on the Budget, and is a member of the Committee on Ways and Means, which deals with taxation, social security, unemployment benefits, enforcement of child support laws, as well as medicare.
A well-known politician and the member of the House of Representatives, Paul Ryan has an estimated net worth of $7.8 million.
