Cordray Net Worth (Updated 2026).
Richard Cordray began his career in public service after graduating from the University of Texas at Austin and later earning his law degree from the University of Chicago. He started as a clerk for a federal judge, then moved on to work in the Justice Department under President Bill Clinton.
Cordray’s career took a significant turn when he was appointed to lead the newly created Consumer Financial Protection Bureau (CFPB) by President Barack Obama in 2012. This role brought him into the national spotlight as he was tasked with implementing and enforcing new consumer protection laws. His tenure at the CFPB, marked by his tough stance on financial institutions and innovative approach to consumer advocacy, is what ultimately made him famous.
**Cordray’s Current Net Worth (2025)**
As of 2025, Richard Cordray’s net worth is estimated to be around $10 million. This figure reflects his successful career in public service and his tenure as the first director of the Consumer Financial Protection Bureau (CFPB) from 2012 to 2017.
**Career**
Cordray, a graduate of the University of Michigan Law School, began his career as a lawyer in Ohio. He served as Ohio’s Attorney General from 2009 to 2011, and later as the first director of the CFPB, where he played a significant role in protecting consumers from predatory financial practices.
**Other Ventures**
After leaving the CFPB, Cordray ran for governor of Ohio in 2018. Although he lost the election, he has since been involved in various initiatives focused on consumer protection and public policy. He also serves as a senior advisor to several organizations in the financial services industry.
**Assets**
Cordray’s assets primarily include real estate holdings, investments in financial markets, and retirement accounts. He owns a home in the Washington, D.C. area, valued at over $1 million, and has investments in various stocks and bonds.
**Annual Income**
While Cordray’s exact annual income is not publicly disclosed, his salary as the director of the CFPB was around $200,000 per year. As a senior advisor and through his other ventures, his annual income is likely to be significantly higher.
Frequently Asked Questions about Cordray
**Frequently Asked Questions: Cordray Net Worth**
1. What is Cordray’s net worth?
Cordray’s net worth is estimated to be around $10 million.
2. How did Cordray make his money?
Cordray made his fortune through his career as a politician and lawyer. He served as the Director of the Consumer Financial Protection Bureau (CFPB) and also held various positions in the Ohio state government.
3. What is Cordray’s political affiliation?
Cordray is a member of the Democratic Party.
4. Has Cordray ever run for president?
No, Cordray has not run for president. He has, however, run for other political offices such as Ohio Attorney General and Ohio Treasurer.
5. What is Cordray’s educational background?
Cordray holds a Bachelor of Arts degree from Michigan State University and a Juris Doctor degree from the University of Chicago Law School.
6. Has Cordray written any books?
Yes, Cordray has authored a book titled “Watchdog: How Protecting Consumers Can Save America’s Economy”.
7. What is Cordray’s stance on consumer protection?
Cordray is a strong advocate for consumer protection and has worked extensively in this area during his tenure at the CFPB.
8. Has Cordray received any awards or recognition for his work?
Yes, Cordray has received several awards and recognitions, including the Champion of Change award from the Obama administration.
9. What is Cordray’s current role?
As of now, Cordray is a partner at the law firm of Arnold & Porter and also serves as a senior counselor at the think tank Center for American Progress.
10. How can I contact Cordray?
Cordray can be contacted through his law firm, Arnold & Porter, or through the Center for American Progress.
