Deval Patrick Net Worth (Updated 2025).
Deval Patrick, born in 1956, began his career in law, a path he set on after graduating from Harvard Law School. He started as a lawyer in the Civil Rights Division of the U.S. Department of Justice, where he worked on significant cases involving racial discrimination.
Patrick’s rise to fame began when he was appointed as the Assistant Attorney General for Civil Rights by President Bill Clinton in 1994. In this role, he oversaw the enforcement of federal civil rights laws, gaining national recognition for his work.
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Deval Patrick’s Current Net Worth (2025)
As of 2025, Deval Patrick’s estimated net worth is around $5 million, according to the latest available information. This figure reflects his successful career in law, politics, and business.
Career
Deval Patrick is a prominent American lawyer and politician. He served as the 71st Governor of Massachusetts from 2007 to 2015, becoming the state’s first African American governor. Prior to his governorship, Patrick held various positions in the private sector and government, including roles as a civil rights lawyer and Assistant Attorney General for Civil Rights under President Clinton.
Other Ventures
After leaving office, Patrick joined the private equity firm Bain Capital as a managing director. He also co-founded the investment firm New Legacy Partners, focusing on early-stage investments in diverse-led companies. Additionally, he serves on several corporate boards and is a senior counsel at the law firm Akin Gump Strauss Hauer & Feld LLP.
Assets
Deval Patrick’s assets include real estate holdings in Massachusetts, primarily in the Boston area. He also has investments in various companies, primarily through his venture capital and private equity work. His personal residence, a historic home in Milton, Massachusetts, is valued at around $1.5 million.
Annual Income
Deval Patrick’s annual income is primarily derived from his work in the private sector. As a managing director at Bain Capital and a senior counsel at Akin Gump, he likely earns a substantial salary. His exact annual income is not publicly disclosed, but it’s estimated to be in the seven-figure range, given his prominent roles in these firms.
Frequently Asked Questions about Deval Patrick
**Frequently Asked Questions: Deval Patrick Net Worth**
1. What is Deval Patrick’s net worth?
Deval Patrick’s net worth is estimated to be around $50 million.
2. How did Deval Patrick make his money?
Deval Patrick made his fortune through his career as a lawyer, politician, and businessman. He served as the Governor of Massachusetts from 2007 to 2015 and has held various positions in the private sector.
3. What is Deval Patrick’s annual salary?
As a former governor, Deval Patrick’s annual salary was around $151,800. His current salary as a managing director at Bain Capital is not publicly disclosed.
4. What are some of Deval Patrick’s business ventures?
Deval Patrick has been a managing director at Bain Capital since 2015. He has also served on the boards of several companies, including Textron and State Street Corporation.
5. How much is Deval Patrick worth compared to other politicians?
Deval Patrick’s net worth places him among the wealthiest politicians in the United States. However, it is important to note that net worth can vary greatly among politicians due to factors such as career path, investments, and inheritance.
6. What is Deval Patrick’s education background?
Deval Patrick graduated from Harvard College in 1978 and later earned his law degree from Harvard Law School in 1982.
7. Has Deval Patrick ever run for president?
Yes, Deval Patrick ran for the Democratic nomination in the 2020 U.S. presidential election but suspended his campaign in February 2020.
8. What are some of Deval Patrick’s political achievements?
As the Governor of Massachusetts, Deval Patrick signed into law the state’s first universal health care bill, expanded early education, and implemented a state Earned Income Tax Credit. He also oversaw the state’s economic recovery following the 2008 financial crisis.
9. What is Deval Patrick’s political affiliation?
Deval Patrick is a member of the Democratic Party.
10. What is Deval Patrick’s stance on key political issues?
Deval Patrick’s political views are generally considered to be progressive. He supports issues such as universal health care, climate change action, and criminal justice reform. However, his specific policy stances can vary on different issues.