Congressman Greg Pence is a native of Columbus, Indiana where he lives in the same home that he and his wife, Denise, raised their four children - Nicole, Lauren, Emily and John. 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. READ ALSO: Case Keenum age, height, weight, draft, college, contract, salary, net worth, fantasy names, jersey. Other names that Gregory uses includes Gregory J Pence, Greg Pence, Gregory Scott Pence, Gregory S Pence and Gregory A Pence. Finally, the 2017 real median household income levels per state are from the U.S. Census Bureaus annual American Community Survey. His paternal grandfather was Robert F. Kennedy and his maternal grandfather was one of the founders of Standard Oil. His businesses sure have a knack for igniting controversy, but how much money are they putting in Greg's pocket? Image Credit: Instagram According to Celebrity Net Worth, Mike Pence currently has a net worth of $1 million. Estimated net worth: Between $35-$96 million. Greg Pence, net worth $12.6 million, received a loan of $79,441 for his Pence Group, LLC, which he valued on his financial disclosure as worth between $5 and $25 million. (Lawmakers and candidates are required to report the value of their assets only in broad ranges.) Virginias real median household income: $71,535. 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. But theres little the mall wont carry. Aside from his charter jet business and his car dealerships across the southeastern United States, the Florida congressman has fifty other businesses. Greg Pence with an estimated net worth of $12,605,504 in 2018. [10] In October 2017, Pence launched his own campaign for the position Messer was leaving. To request permission for commercial use, please contactus. Bronze, 1.78g, 17.14mm KM# 926. You want to carry a drink around? See more onWilliam Barr,Steven Mnuchin, Wilbur Ross and Betsy DeVos. According the Center for Representative Politics, Greg Pence's net worth is valued at just over $12 million. 2023 NYP Holdings, Inc. All Rights Reserved, Date set for first Republican presidential primary debate in Milwaukee, Jared Kushner, Ivanka Trump slapped with subpoenas by special counsel investigating Capitol riot: report, DOJ searches Mike Pences nonprofit group office and comes up empty, Mark Meadows subpoenaed by special counsel probing Jan. 6: reports. }; His daughter, Charlotte released a book, Marlon Bundo's: A Day in the Life of the Vice President. He served as an advisor to Vice President Mike Pence eight months before the capital riots. Jeannine Lee Lake, Pence's Democratic opponent for his House seat this November, shared photos of these products and denounced Pence for selling them. 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, Mike Pence's brother, launches run for Indiana U.S. House seat - Washington Times Skip to content America's Newspaper 1 Subscribe Sign In News Policy Commentary Sports Sponsored. Greg Pence was born as Gregory Joseph Pence on November 14, 1956, in Columbus, Indiana, USA. And it appears he offered more than the asking price, as it was initially listed for $1.8 million. He is seen active on various social media platforms like Facebook, Instagram, and Twitter. Biography. Feel free to distribute or cite this material, but please credit OpenSecrets. Mike got his name Richard Michael Cawley from his grandfather. We also use third-party cookies that help us analyze and understand how you use this website. One vendor lives inthe Netherlands and ships goods from overseas, coming in four times a year. One scene ina recent minute-long campaign video was shot in the mall; its a nod to the small businessman and job creator bona fides he touts in fundraising emails. A large part of his net worth comes from pensions as he is a government employee. As a government employee, pensions account for a sizable portion of his net worth. His father started a successful industrial real estate business after World War II: the Warren Norman Co. However, his state and federal pensions. He took over his familys Volvo dealership and expanded it with his siblings into nine highly successful dealerships. Today, we honor the 13 brave and selfless American heroes who upheld their oath to our Nation. (If he waits until hes 65 to retire, he can get 40%.) He is an Former Vice President of the United States. What is Mike Pence's net worth? He has extensive knowledge of FLSA, ERISA, OFCCP, whistleblower laws, and other labor and employment issues. Who is Vice President Mike Pences brother Greg Pence? Treys money mostly comes from his stake in his fathers company, Hollingsworth Capital Partners, a multi-state industrial real estate empire started in Kentucky. He served a single term in the statehouse before being elected vice president. { 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 of February, 2023 Mike Pence net worth is $1 million. Theyre mostly stale enterprises with not much life, said one vendor of the antique mall model. var qs = Object.keys(params).reduce(function(a,k){a.push(k+'='+encodeURIComponent(params[k]));return a},[]).join(String.fromCharCode(38)); A 1986 federal law based pension payouts for members of Congress and their staffers on a higher percentage of their annual pay than regular federal workers pensions. Mike has a worth of just around $1.2 million. The son of a Korean War veteran, Pence spent a few years at a small law firm before mounting an unsuccessful campaign for Congress in 1988. His father Edward Pence started working at the gas station empire with founder Carl Kiel, per the New York Times. Before starting his own law firm, he attended Hanover College and the Robert H. McKinney School of Law at Indiana University. His battalion was stationed in Beirut in the year 1983. As the former governor of Indiana and Vice President of the United States, Pence made a good salary, which helped add to his net worth. His net worth has been growing significantly in 2021-2022. Mike Pence Net Worth. Greg Pence's Net Worth: How Much The VP's Brother Is Actually Worth, according to the Brennan Center for Justice, According the Center for Representative Politics. Also find out how he got rich at the age of 64. Mike Pence Net Worth, a former vice president of the United States, will have a $1 million Mike Pence Net Worth in 2023. "As you may know, Congressman Pence is not engaged in the active management of the Exit 76 Antique Mall," spokesperson Milly Lothian told The Star Press. He was the 48 th vice president in the United States between 2017 and 2021. He eventually moved on to be president of the Bank of North Dakota, then became governor. Roll Call reported in 2018 that the majority of his wealth comes from a pair of antique malls in his home state of Indiana. Greg distanced himself from the cost of cleaning up the multi-state mess, with his spokesperson tellingChicago Tribune, "Greg Pence has had nothing to do with Kiel Bros since 2004. While Mike Pence's net worth is estimated at a moderate $1.2 million, according to Forbes, Greg Pence's net worth is $12.6 million, reported the Center for Responsive Politics. Pence disclosed two Indiana state-run retirement accounts, worth up to $65,000. ", "Pence family's failed gas stations cost taxpayers $20M+", "Inside the Antique Mall That's Greg Pence's Largest Asset", "Mike Pence's brother Greg launches run for Indiana U.S. House seat", "List: The 126 House members, 19 states and 2 imaginary states that backed Texas' challenge to Trump defeat", "Shock of Jan. 6 insurrection devolves into political fight", "Column: GOP ratchets up the hypocrisy in opposing Biden's student debt plan", "Candidate discusses Republican concerns with party leaders, including Second Amendment rights, aid for veterans", "Nicole Pence, Niece of VP Mike Pence, Leaving TV News", "Kellyanne Conway's cousin, Mike Pence's nephew to marry in Atlantic City", Biographical Directory of the United States Congress, United States representatives by seniority, https://en.wikipedia.org/w/index.php?title=Greg_Pence&oldid=1138119121, This page was last edited on 8 February 2023, at 03:11. Luckily, Pence works for the government. Mike's brother Greg is currently running for Congressman in 2018. A brewery bought it for $9,000. Greg along with his other three brothers rode wagons in the presidential campaign for Barry Goldwater in the year 1964. Bronze, 3.56g, 20.32mm . Let's investigate. Greg Pence Social Network Timeline 2018 The company is responsible for building some of the biggest commercial parks, office buildings and residential subdivisions in South Carolina. The exact value is not clear, but Greg's 2018financial disclosure form estimates that the mall is valued somewhere between $5 million and $25 million. EDINBURGH, Ind. With Pence raising and spending about $1 million as of mid-April and his closest Republican challenger loaning himself about three quarters of that amount, it made the "race the most expensive in the state." Greg Pence: Here's How Much Mike Pence's Brother Is Really Worth. He was previously a clerk for Judge Jacques Wiener on the 5th U.S. Phone: (812) 799-5230 Fax: (844) 313-1563 Greenfield Office 18 E. Main Street, Suite 210 Greenfield, IN 46140 Phone: (812) 799-5233 Richmond Office 50 North 5th Street 2nd Floor Richmond, IN 47374 Phone: (765) 660-1083 Contact Email Me Newsletter Subscription Offices Request an Appearance Website Problem Issues Agriculture Community Economy He has six other siblings and is the eldest one. Trump did not mention his former president in his statement of endorsement. Where their similarity ends, however, is when it comes to money. Pence's decision to . His great grandfather made a fortune in film, banking and liquor. [17] Pence is a practicing Catholic and attends St. Bartholomew Catholic Church in Columbus. Estimated net worth: Between $36-$92 million, Oklahomas real median household income: $50,051. 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. The outlet also reported that Greg's wife Denise Pence runs the mall. She has a net worth of $5 million. Circuit Court of Appeals at New Orleans. While serving as . By 2000, Pence was a minor celebrity in the conservative Midwest. Thats frustrated some Republican consultants whose clients need the help more. Politician and Democrat who became the U.S. Representative for Colorado's 7th congressional district in 2007. Among them: Rep. Alexandria Ocasio-Cortez (D-NY) and Rep. Deb Haaland (D-N.M.). An estimated $12 million is Greg Jacob's net worth. Although he admitted not seeing eye to eye on that day, he said Republicans must move forward united.. The Pences are likely expected to pay for their own household items and meals, but taxpayers foot the bill for their major living expenses. He later invested in biotech, ceramics and health care. While most of Mike Pence's portfolio comes from government pensions, Greg Pence's nest egg comes from owning two antique malls in his home state, one of which is 72,000 square feet large and is rented out by hundreds of vendors (per Roll Call). Greg eventually took over the business that ran the convenience stores called Kiel Brothers Oil Co. until the company went bankrupt in 2004. Spanning a massive10,300 square feet, the estate sits on five acres of land and comes with all the amenities your heart desires. Her husband, Paul, is a successful investment banker who owns and runs Financial Leasing Services, a major real estate and venture capital firm. According toDaily Mail,Greg Pence used to run the Pence family's chain of Tobacco Road convenience stores. The Vice Chair of the Senate Democratic Caucus and the Vice Chair of the Senate Intelligence Committee made his moolah as a venture capitalist in the telecommunications industry before he hit 40. Greg Pence received his BA degree in Theology as well as Philosophy from Loyola University Chicago. Mike Pence Net Worth: Michael Richard Pence, an American politician born on June 7, . Pence is a millionaire, but barely. NEW: Pence adviser Greg Jacob intends to publicly testify at a hearing next Thursday, June 16, according to a source familiar with the panel's schedule. Origin of wealth: Phillips Distilling Co. Minnesotas real median household income: $38,388. In July 2018,Chicago Tribunereported Kentucky, Indiana, and Illinois spent millions to clean contaminated sites from the business. Montanas real median household income: $53,386. As you might imagine, he's been working a bit harder in the private sector than his brother Mike in order to amass those millions. By 2013, around the time the couple moved into the Indiana governors mansion, they had sold their modest, three-bedroom home outside D.C. and their 1,400-square-foot residence in their hometown of Columbus, Indiana. For those four years of gubernatorial work, hes entitled to 30% of his salary for the rest of his life. What would you expect to be the net worth of the Vice President of one of the wealthiest countries in the world? Pence owns and operates antique malls in southern Indiana. [12] They have four children and nine grandchildren. That is one of Gregorys pet peeves, she added. T.J. Cox (D-Calif.), net worth $11.8 million, received $609,825 for two of his 26 businesses. First elected to Congress in 2018, 65-year-old Greg Pence represents a deeply Republican and largely rural district that his brother held for 12 years before he was elected Indiana governor and. The exact value is not clear, but Greg's 2018 financial disclosure form estimates that the mall is valued somewhere between $5 million and. 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. So exactly what is Greg Pence's net worth? While Greg Pence's wealth may come from antiques, some of the products sold at one of his malls harken back to a sad chapter in our nation's history. such as textbooks, contact OpenSecrets: info[at]crp.org. Read more in our series: Attorney General Bill Barr's $40 Million Fortune. Currently, he has been providing his services for Indianas 6th congressional district as the US Representative. The larger mall, a sprawling 72,000-square-foot complex in Edinburgh, Indiana, is his biggest asset. While most elected national representatives make an annual base salary of $174,000, Congressional leaders like the Speaker of the House make more (She makes $223,500). The bank fought Greg Pence in court and obtained a $3.8 million judgment, which he later settled for pennies on the dollar, according to records and interviews. Congress passes laws for their own benefit, and theyll never shortchange themselves.. On June 3, Pence revealed that he spoke with Trump many times since Jan. 6. He later became the companys CEO. Pence makes his money from renting booths, of which there are about 600 at the Edinburgh store. If he were able to sell that annuity today, he could get around $700,000 for it. In 1999, he was elected to the board of directors of Home Federal Bancorp and its subsidiary Home Federal Savings Bank. Those pensions, which will likely pay Pence at least $85,000 per year for the rest of his life, are worth a combined $1.2 millionenough to push Pences net worth to an estimated $1 million after factoring in his six-figure student loan debt. 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