James Baker Net Worth (Updated 2026).

James Baker, born in 1930, began his career in the political arena during the 1960s, serving as a delegate to the Texas Democratic Convention. He then transitioned into law, practicing in Houston until 1975 when he was appointed as the Secretary of Commerce under President Gerald Ford.

Baker’s national prominence began to rise in the 1980s. He served as the White House Chief of Staff under President Ronald Reagan from 1981 to 1985, followed by a stint as the Secretary of the Treasury from 1985 to 1988. His reputation for political acumen and negotiation skills grew significantly during this period.

James Baker’s Net Worth in 2025

As of 2025, James Baker’s net worth is estimated to be around $50 million, according to the latest available information.

Career

James Baker, a prominent American politician and lawyer, served as the Secretary of State and Secretary of the Treasury under former U.S. President George H.W. Bush. He also served as the White House Chief of Staff under President Ronald Reagan and was a key figure in the Republican Party during the 1980s and 1990s.

Other Ventures

After his political career, Baker co-founded the law firm Baker Botts in 1966, which has since grown to become one of the largest law firms in the United States. He also served as the honorary chairman of the James A. Baker III Institute for Public Policy at Rice University.

Assets

Baker’s assets include a sprawling 600-acre ranch in Texas, a luxury apartment in New York City, and a collection of fine art. He also has significant investments in various industries, including energy, finance, and real estate.

Annual Income

While Baker’s annual income is not publicly disclosed, it is estimated to be in the millions of dollars, primarily from his law practice and investments. His political career also likely provided him with significant networking opportunities and financial connections.

Frequently Asked Questions about  James Baker

James Baker Net Worth

James Baker, the prominent American politician and attorney, has an estimated net worth of $50 million.

What is James Baker’s profession?

James Baker is a lawyer and a former politician. He served as the Secretary of State and the Secretary of the Treasury under former U.S. President George H.W. Bush.

Where was James Baker born?

James Baker was born in Houston, Texas, on November 28, 1930.

What political party is James Baker affiliated with?

James Baker is a member of the Republican Party.

What are some of James Baker’s notable accomplishments?

Some of James Baker’s notable accomplishments include serving as the White House Chief of Staff under President Ronald Reagan, and playing a key role in the negotiations that led to the end of the Cold War. He also served as the campaign manager for the successful presidential campaigns of George H.W. Bush in 1988 and 1992.

Has James Baker ever run for political office?

No, James Baker has never run for political office. He has served in various roles within the government, but has never been an elected official.

What is James Baker’s educational background?

James Baker graduated from Princeton University with a Bachelor of Arts degree in 1952. He then went on to earn a Juris Doctor degree from the University of Texas School of Law in 1957.

What is James Baker’s current role?

As of 2021, James Baker serves as the honorary chairman of the James A. Baker III Institute for Public Policy at Rice University.

What are some of James Baker’s books?

James Baker has written several books, including “The Politics of Diplomacy: Revolution, War, and Peace, 1989-1992” and “Work Hard, Study…and Keep Out of Trouble: Adventures in the Life of an Optimistic Man.”

What is James Baker’s marital status?

James Baker is married to Susan Baker. They have two children together.