Patrick Shanahan, born in Seattle, Washington, began his career in the aerospace industry, a field that would eventually become his claim to fame. He graduated from the University of Washington with a degree in mechanical engineering and later earned his Master’s in aeronautics and astronautics from the Massachusetts Institute of Technology. Shanahan’s professional journey took off at Boeing, where he spent over three decades, rising through the ranks to become the Senior Vice President of Airplane Programs. It was during his tenure at Boeing that Shanahan’s reputation for operational excellence and innovative thinking began to shine, paving the way for his later recognition.

Patrick Shanahan’s Net Worth in 2025

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

Career

Patrick Shanahan, born in 1962, is a retired United States Marine Corps four-star general and former Deputy Secretary of Defense. He served in the military for over 37 years, with his last role being the Acting Secretary of Defense in 2019. Shanahan is known for his leadership and strategic planning, particularly in the areas of defense and national security.

Other Ventures

After retiring from the military, Shanahan joined the private sector. In 2020, he became the President and CEO of Boeing Defense, Space & Security, a division of the Boeing Company. He also serves on the board of directors for the American Football Coaches Association and is a member of the Council on Foreign Relations.

Assets

Shanahan’s assets include a $5.3 million estate in Medina, Washington, and a $2.5 million condo in McLean, Virginia. He also owns a $1.5 million vacation home in Hawaii. His investment portfolio includes stocks in various defense and aerospace companies, as well as real estate investments.

Annual Income

As the President and CEO of Boeing Defense, Space & Security, Shanahan’s annual salary is reported to be around $2 million. Additionally, he receives compensation from his board memberships and other ventures, which amounts to approximately $500,000 per year. This brings his total annual income to around $2.5 million.

Frequently Asked Questions about  Patrick Shanahan

What is Patrick Shanahan’s net worth?

As of the latest estimates, Patrick Shanahan’s net worth is approximately $15 million.

How did Patrick Shanahan make his money?

Shanahan made his fortune through his career in business and government. He worked for Boeing for over 30 years, rising to the position of President and Chief Operating Officer. He also served as the Deputy Secretary of Defense under President Trump.

What is Patrick Shanahan’s age?

Patrick Shanahan was born on June 27, 1962, making him 59 years old.

Where was Patrick Shanahan born?

Shanahan was born in Seattle, Washington.

What is Patrick Shanahan’s education background?

Shanahan graduated from the University of Washington with a Bachelor of Science degree in Mechanical Engineering. He also holds a Master of Science degree in Mechanical Engineering from the Massachusetts Institute of Technology.

What are Patrick Shanahan’s political affiliations?

Shanahan is a registered Republican.

What is Patrick Shanahan’s role in the Trump administration?

Shanahan served as the Deputy Secretary of Defense under President Trump from July 2017 to June 2019. He also briefly served as the Acting Secretary of Defense from January to June 2019.

What is Patrick Shanahan’s role at Boeing?

Shanahan worked at Boeing for over 30 years, serving in various roles. He was the President and Chief Operating Officer from 2016 until his retirement in 2017.

What are some of Patrick Shanahan’s notable achievements?

Shanahan is credited with helping to turn around Boeing’s commercial airplane business. He also played a key role in the development of the Boeing 787 Dreamliner. In his role as Deputy Secretary of Defense, he helped to implement the National Defense Strategy.

What is Patrick Shanahan’s current role?

After leaving the Trump administration, Shanahan returned to the private sector. He currently serves as a senior advisor to the private equity firm Blackstone.