Rex Tillerson Net Worth (Updated 2025).
Rex Tillerson, born in 1952 in Wichita Falls, Texas, began his career in the oil and gas industry, a path that would eventually lead him to become the CEO of one of the world’s most prominent energy companies. After graduating from the University of Texas at Austin with a degree in civil engineering, Tillerson started his professional journey with Exxon Company, USA, in 1975. He worked his way up through various roles, demonstrating exceptional leadership and management skills that would later define his career.
Tillerson’s rise within ExxonMobil, the company formed by the merger of Exxon and Mobil, was marked by a series of strategic and operational achievements. In 2006, he was appointed as the company’s president and director, and six years later, he became the CEO and chairman, a position he held until 2016. Under his leadership, ExxonMobil maintained its status as one of the world’s leading energy corporations, known for its robust exploration and production activities, as well as its commitment to safety and environmental responsibility.
Rex Tillerson’s Current Net Worth
As of 2025, Rex Tillerson’s current net worth is estimated to be around $300 million. This figure takes into account his time at ExxonMobil and his tenure as the U.S. Secretary of State.
Rex Tillerson’s Career
Rex Tillerson spent his entire professional career at ExxonMobil, joining in 1975. He rose through the ranks, serving in various executive roles, and became the company’s CEO in 2006. In 2017, he was appointed as the U.S. Secretary of State, serving until 2018.
Rex Tillerson’s Other Ventures
Tillerson has not been involved in any significant business ventures outside of ExxonMobil since leaving his role as Secretary of State. However, he does serve on the board of directors for several organizations, including the American Petroleum Institute.
Rex Tillerson’s Assets
Tillerson’s assets include a $5.6 million estate in Dallas, Texas, and a $3.7 million ranch in Texas. He also owns a private jet and has significant investments in various financial markets.
Rex Tillerson’s Annual Income
Tillerson’s annual income is not publicly disclosed. However, during his time at ExxonMobil, his total compensation ranged from $28.9 million in 2015 to $32.5 million in 2016. As Secretary of State, he received an annual salary of $220,000.
Frequently Asked Questions about Rex Tillerson
**Frequently Asked Questions: Rex Tillerson Net Worth**
1. What is Rex Tillerson’s net worth?
Rex Tillerson’s net worth is estimated to be around $300 million.
2. How did Rex Tillerson make his money?
Tillerson made his fortune through his career in the oil and gas industry. He spent his entire professional career at ExxonMobil, where he served as CEO from 2006 until his retirement in 2016. He also served as the U.S. Secretary of State from 2017 to 2018.
3. What is Rex Tillerson’s salary as U.S. Secretary of State?
Tillerson’s annual salary as U.S. Secretary of State was $220,000.
4. How much did Rex Tillerson make as CEO of ExxonMobil?
Tillerson’s total compensation as CEO of ExxonMobil varied year by year. In 2015, his last full year as CEO, he received a total compensation of $27.2 million.
5. What is Rex Tillerson’s educational background?
Tillerson graduated from the University of Texas at Austin in 1975 with a Bachelor of Science degree in civil engineering.
6. Did Rex Tillerson serve in the military?
No, Rex Tillerson did not serve in the military. He received a draft deferment during the Vietnam War due to his status as a student.
7. What is Rex Tillerson’s political affiliation?
Tillerson is a registered Republican.
8. What are some of Rex Tillerson’s philanthropic efforts?
Tillerson and his wife, Renda, have been involved in various philanthropic efforts, including supporting the Boy Scouts of America, the United Negro College Fund, and the University of Texas at Austin.
9. What is Rex Tillerson’s stance on climate change?
Tillerson has expressed a belief in the reality of climate change, but he has also stated that it is not clear that humans are the primary cause. He has supported the Paris Agreement, but also expressed skepticism about its effectiveness.
10. What are some of the controversies surrounding Rex Tillerson?
Tillerson’s tenure as U.S. Secretary of State was marked by several controversies, including his close ties to Russia and its president, Vladimir Putin, his alleged ties to the oil industry, and his handling of the U.S. response to the poisoning of a former Russian spy in the UK.
