Colin Powell Net Worth (Updated 2025).
Colin Powell, born in 1937, began his career in the U.S. Army, a path influenced by his father, who served in the British Army. He graduated from the City College of New York and was commissioned as a second lieutenant in 1958. Powell’s military prowess and strategic acumen were evident early on, earning him two Purple Hearts and a Bronze Star for his service in Vietnam.
Powell’s fame began to rise during his time as a military aide to President Ronald Reagan, where he played a significant role in the negotiations that led to the Intermediate-Range Nuclear Forces Treaty. His appointment as the Chairman of the Joint Chiefs of Staff under President George H.W. Bush further cemented his reputation, making him the first African American to hold the position.
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Colin Powell’s Current Net Worth
As of 2025, Colin Powell’s net worth is estimated to be around $60 million, according to the latest available information.
Career
Colin Powell, a retired four-star general, served as the 65th United States Secretary of State from 2001 to 2005. He was the first African American to hold this position. Prior to this, he served as the 16th United States Secretary of Defense from 1989 to 1993, making him the first African American to hold this position as well. Powell’s military career spanned over 35 years, including his service in the Vietnam War and the Gulf War.
Other Ventures
After his political and military career, Powell became a public speaker and author. He has written several books, including his autobiography “My American Journey” and “It Worked for Me: In Life and Leadership”. He also served on various corporate boards and was a senior advisor to the global investment firm Kleiner Perkins Caufield & Byers.
Assets
Powell’s assets include a residence in McLean, Virginia, valued at around $4 million. He also owns properties in other states, including a farm in Virginia and a home in Palm Beach, Florida. Powell’s real estate portfolio is estimated to be worth around $10 million.
Annual Income
Powell’s annual income is largely derived from his speaking engagements and book sales. He is estimated to earn around $200,000 per speaking engagement and has sold millions of copies of his books. His annual income is estimated to be around $5 million.
Frequently Asked Questions about Colin Powell
**Q1:**
What is Colin Powell’s net worth?
**A1:**
Colin Powell’s net worth is estimated to be around $60 million.
**Q2:**
What was Colin Powell’s occupation?
**A2:**
Colin Powell was a retired four-star general in the United States Army and the 65th United States Secretary of State.
**Q3:**
When was Colin Powell born?
**A3:**
Colin Powell was born on April 5, 1937.
**Q4:**
Where was Colin Powell born?
**A4:**
Colin Powell was born in New York City, New York, United States.
**Q5:**
What were some of Colin Powell’s major achievements?
**A5:**
Colin Powell was the first African American to serve as the U.S. Secretary of State, National Security Advisor, and Chairman of the Joint Chiefs of Staff. He also played a significant role in the Gulf War and the U.S. invasion of Panama.
**Q6:**
What was Colin Powell’s political affiliation?
**A6:**
Colin Powell was a Republican.
**Q7:**
What was Colin Powell’s role in the Iraq War?
**A7:**
Colin Powell, as the U.S. Secretary of State, presented evidence to the United Nations Security Council in 2003 that Iraq had weapons of mass destruction, which was a key factor in the U.S. invasion of Iraq. However, no such weapons were found, and Powell later expressed regret for his role in the matter.
**Q8:**
What was Colin Powell’s cause of death?
**A8:**
Colin Powell died on October 18, 2021, from complications from COVID-19.
**Q9:**
What was Colin Powell’s military rank?
**A9:**
Colin Powell retired from the U.S. Army as a four-star general.
**Q10:**
What was Colin Powell’s educational background?
**A10:**
Colin Powell earned a Bachelor of Science degree in Geology from the City College of New York and a Master of Business Administration degree from the Harvard Business School. He also attended the National War College.