George W Bush Net Worth

George W Bush Net Worth $26 Million

George Walker Bush was the 43rd president of the United States of America, a country that has a history of having affluent Presidents, ranking in the 17th place on the list of its wealthiest. Before being the President of the USA, George W Bush was a businessman and served also as governor of Texas. 

george w bush

He was born on 6th of July 1946, and his family has been involved in business and politics since the 1950s. His grandfather (Prescott Bush) was a former Wall Street banker and Senator from Connecticut. His Father George H.W. was a diplomat, businessman and the Vice President and President of the USA. George Jr. earned his Bachelor of Arts from Yale University in 1964 and later went on to complete his MBA from Harvard Business School. In 1977, after a quick three month courtship George proposed and eventually married Laura Welch, a school teacher and librarian.

The couple settled in Midland, Texas, where Bush continued to build his business. In 2009, Mr. & Mrs. Bush purchased a house measuring over 8500 sq. ft. in the Dallas neighborhood of Preston Hollow. According to the housing website Zillow, current approximate worth of the house is $2.6 million. George‚Äôs business dealt with oil and he went on to develop several independent oil companies. He named his endeavor as Bush Exploration. However in 1986, he sold his struggling oil business to Harken Energy Corporation for stock and a seat on its board of directors, and then went on to help his Father George Bush Sr., on his bid for the White House.  

george w bush

After the successful campaign he returned to Texas and in 1989 joined a group of investors in order to purchase the Texas Rangers Baseball Team, and because he was a natural leader, George W. quickly emerged as the leader of the group. The Team did well and George made some savvy trades. In 1998 George sold his share of the team for a staggering 17 times his initial investment. His net worth is now $26 million. 

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References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)