Bob Mcdonnell Net Worth (Updated 2025).
Bob McDonnell, a name that has become synonymous with political leadership in Virginia, kicked off his career in the public sector after graduating from the University of Notre Dame and serving in the Marine Corps. He began his political journey in the Virginia House of Delegates in 1992, representing the 84th district. His dedication and hard work quickly earned him a reputation as a committed public servant, paving the way for his subsequent election to the Virginia Senate in 1995.
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Bob McDonnell’s Current Net Worth (2025)
As of 2025, Bob McDonnell’s net worth is estimated to be around $30 million, according to the latest available information. This figure is a reflection of his successful political career and various business ventures.
Career
Bob McDonnell, a Republican, served as the 71st Governor of Virginia from 2010 to 2014. Prior to his governorship, he was the Attorney General of Virginia from 2006 to 2009. McDonnell also served in the Virginia House of Delegates from 1992 to 2005. His political career has been a significant contributor to his wealth.
Other Ventures
After leaving office, McDonnell joined the law firm McGuireWoods as a senior counsel. He also serves as the chairman of the McDonnell Group, a consulting firm he founded. Additionally, he is a visiting professor at the College of William & Mary’s Raymond A. Mason School of Business.
Assets
McDonnell’s assets include his primary residence in Virginia, valued at around $1.2 million, and a vacation home in Virginia Beach, worth approximately $700,000. He also has a substantial investment portfolio, including stocks and bonds, valued at over $10 million.
Annual Income
McDonnell’s annual income is estimated to be around $1 million. This includes his salary from McGuireWoods, earnings from his consulting firm, and income from his teaching position at William & Mary. His political pension also contributes to his annual income.
Frequently Asked Questions about Bob Mcdonnell
**Frequently Asked Questions: Bob McDonnell Net Worth**
1. **What is Bob McDonnell’s net worth?**
Bob McDonnell’s net worth is estimated to be around $10 million.
2. **How did Bob McDonnell make his money?**
Bob McDonnell made his fortune primarily through his political career. He served as the Governor of Virginia from 2010 to 2014. Before that, he was the Attorney General of Virginia from 2006 to 2009. He also practiced law and worked as a prosecutor before entering politics.
3. **Was Bob McDonnell involved in any scandals?**
Yes, Bob McDonnell was involved in a scandal in 2014 known as “Giftgate” or “Cupcake-gate.” He was accused of accepting gifts and loans from a businessman in exchange for promoting his company. He was convicted in 2014 but the conviction was later overturned by the Supreme Court in 2016.
4. **What happened to Bob McDonnell after his governorship?**
After leaving office, Bob McDonnell worked as a lawyer and a consultant. He also wrote a book titled “Not My Fault: An Autobiography” in 2018.
5. **How old is Bob McDonnell?**
Bob McDonnell was born on June 15, 1954. As of 2022, he is 68 years old.
6. **Where did Bob McDonnell grow up?**
Bob McDonnell grew up in Fairfax County, Virginia. He graduated from Robert E. Lee High School in 1972.
7. **What is Bob McDonnell’s political affiliation?**
Bob McDonnell is a Republican. He has been involved in Republican politics since the 1980s.
8. **Did Bob McDonnell serve in the military?**
No, Bob McDonnell did not serve in the military. He graduated from the University of Virginia School of Law in 1980 and began his legal career soon after.
9. **What are some of Bob McDonnell’s accomplishments as Governor?**
During his governorship, Bob McDonnell is known for implementing the Virginia Economic Development Partnership Act, which aimed to create jobs and attract businesses to the state. He also signed into law the Virginia Health Care Freedom Act, which prohibited the state from implementing certain aspects of the Affordable Care Act.
10. **What is Bob McDonnell’s stance on abortion?**
Bob McDonnell is pro-life. He signed into law several pieces of legislation that restricted abortion access during his governorship.