"[266][267] Gingrich has denied saying it. During the 1983 congressional page sex scandal, Gingrich was among those calling for the expulsion of representatives Dan Crane and Gerry Studds. He is also named as one of the best sellers for his books. As of January 2023, Newton Gingrich has earned a huge net worth so far, which is around $14 million. His most of the net worth is contributed by his consultancy firm and his political career. Newt Gingrich had a net worth of at least $6.7 million and income of at least $2.6 million in 2010, according to financial disclosure forms that were released Monday. [206], On April 4, the Rick Santorum campaign shifted its position and urged Gingrich to drop out of the race and support Santorum. "[259] In 1981, a judge ordered Gingrich to provide considerably more; in 1993, Jackie stated in court that Gingrich had failed to obey the 1981 order "from the day it was issued. WebNewt Gingrich net worth 23.4 Million Millions of dollars 97% Net worth score Disclamer: Newt Gingrich net worth displayed here are calculated based on a combination social ", "Gingrich among Trump loyalists named to Pentagon advisory board", "Pentagon clears out advisory boards, citing concerns over last-minute Trump picks", "So Why's Huck An Early '12 Frontrunner? Hopkins notes that Gingrich's view[73]. [204][205], On Super Tuesday Gingrich won his home state, Georgia, which has the most delegates, in "an otherwise dismal night for him". [139] For over two decades, Gingrich has taught at the United States Air Force's Air University, where, as of 2010, he was the longest-serving teacher of the Joint Flag Officer Warfighting Course. Spouse/ Relationship: Callista Gingrich (m. 2000- current) , [77], Gingrich consolidated power in the Speaker's office. [109][110] In 1998, Gingrich said that these comments were his "single most avoidable mistake" as Speaker. Some conservatives have criticized him for favoring the plan, due to its cost. [136] Gingrich also co-chaired an independent congressional study group made up of health policy experts formed in 2007 to evaluate the strengths and weaknesses of action taken within the U.S. to fight Alzheimer's disease. Gingrich has signed the "Strong America Now" pledge committing to promoting Six Sigma methods to reduce government spending. [127] Other ethics violations, including an unpopular book deal, added to his unpopularity even though he himself was reelected in his own district. [5] Political scientists have credited Gingrich with playing a key role in undermining democratic norms in the United States and hastening political polarization and partisanship. [38] Although the district was trending Republican at the national level, conservative Democrats continued to hold most local offices, as well as most of the area's seats in the General Assembly, well into the 1980s. [101] That perception developed after the trip when Gingrich, while being questioned by Lars-Erik Nelson at a Christian Science Monitor breakfast, said that he was dissatisfied that Clinton had not invited him to discuss the budget during the flight. [282], Raised as a Lutheran,[283] Gingrich was a Southern Baptist in graduate school. [61], In the November 1994 midterm elections, Republicans gained 54 seats and took control of the House for the first time since 1954. [25][26], Gingrich received deferments from the military during the years of the Vietnam War for being a student and a father. [131], In December 1997, Gingrich flirted with a potential run for president in the 2000 election, but his party's midterm performance and his subsequent resignation led to him drop any plans to do so.[132]. [298], During the 2012 election campaign, Artinfo noted that Gingrich has expressed appreciation for the work of two American painters. [192] However, after an abundance of negative ads run by his opponents throughout December, Gingrich's national polling lead had fallen to a tie with Mitt Romney. He also praised Habitat for Humanity for sparking the movement to improve people's lives by helping them build their own homes. [52], During negotiations with the Democrats who held majorities in the House and Senate, President George H. W. Bush reached a deficit reduction package which contained tax increases despite his campaign promise of "read my lips: no new taxes". "[57] At the onset of the decade, Gingrich proved to be the only Republican representative of Georgia's 10 congressional districts until 1992, with the creation of Georgia's 4th congressional district and the Republican gains of Jack Kingston and Mac Collins. In addition, Newt Gingrich served as a Member of the Defense Policy Board. He was a member of the Terrorism Task Force for the Council on Foreign Relations, and he co-chaired the Task Force on United Nations Reform, a bipartisan congressional effort to modernize and improve the United Nations. [190][191], After then-front-runner Herman Cain was damaged by allegations of past sexual harassment, Gingrich gained support, and quickly became a contender in the race, especially after Cain suspended his campaign. As a provision of the Contract with America, the law was symbolic of the new Republican majority's goal to remove some of the entitlements enjoyed by Congress. full film "[This quote needs a citation] He coordinated a new environmental studies program and was removed from the history department "by 1976". "[251], In January 2022, Gingrich characterized the House Select Committee on the January 6 Attack as "basically a lynch mob" that was violating laws and trampling on civil liberties, suggesting committee members might be jailed if Republicans took control of the House in that year's election. Gingrich furthermore oversaw several major government shutdowns. [15][16][17] He is of English, German, Scottish and Scots-Irish descent. "[265], According to L. H. Carter, Gingrich's campaign treasurer, Gingrich said of Jackie: "She's not young enough or pretty enough to be the wife of the President. The midterm election that turned congressional power over to Republicans "changed the center of gravity" in the nation's capital. [242], Gingrich has taken a dim view of internationalism and the United Nations. The two companies had revenues of $55million between 2001 and 2010. [33] Gingrich lost his race by 5,100 votes. [130] Writing a retrospective on his career at that point, The New York Times in November 1998 described Gingrich as "an expert in how to seize power, but a novice in holding it" further opining that he "illustrate[d] how hard it is for a radical, polarizing figure to last in leadership". [87][88], President Clinton signed the budget legislation in August 1997. [165], As of May 2011, the company had about five employees. Newton Leroy Newt Gingrich is an American politician who has a net worth of $9 million. [31] He did well against Flynt although 1974 was a disastrous year for Republican candidates nationally due to fallout from the Watergate scandal of the Nixon administration. [164] In 2011, Newt and Callista appeared in A City Upon a Hill, on the subject of American exceptionalism. "[173], During the 2009 special election in New York's 23rd congressional district, Gingrich endorsed moderate Republican candidate Dede Scozzafava, rather than Conservative Party candidate Doug Hoffman, who had been endorsed by several nationally prominent Republicans. The shutdown ended when Clinton agreed to submit a CBO-approved balanced budget plan. It Now Sees That as a Mistake", "The rising pressures on American democracy", "How Party Polarization Affects Governance", "Clinton Puzzle: How to Delay Welfare Reform Yet Seem to Pursue It", "Clinton signs 'Welfare to Work' bill, Aug. 22, 1996", "Washingtonpost.com: Clinton to Propose '99 Balanced Budget", "The Taxpayer Relief Act of 1997: An Overview of Selected Provisions", The Kemp Commission and the Future of Tax Reform, "Renowned physicists cast doubt on Gingrich's far-fetched EMP scenario", "Clinton vetoes borrowing billgovernment shutdown nears as rhetoric continues to roil", "Gingrich: Snub caused impasse treatment on Air Force One blamed", "Newt 'Cry Baby' Gingrich: my part in his downfall", "Gingrich Shut Down the Government in a Tantrum 23 Years Ago", "I drew the 'Cry Baby' heard round the world. WebNewt Gingrich Net Worth $6.7 Million Lists Ranked On Richest Republicans Statistics Source of Wealth: Politician, Author Nationality: United States About American politician, author, and political consultant, Newton Leroy "Newt" Gingrich has an estimated net worth of $6.7 million Los Angeles Times. [292] He authored the introduction to America's Best Zoos and claims to have visited more than 100. Posted November 1, 2021 in Politicians by Admin Tags: [156][158], In April 2012, the Center for Health Transformation filed for Chapter 7 bankruptcy, planning to liquidate its assets to meet debts of $1$10 million. [70][78] Term limits were also imposed on committee chairs, which prevented Republican chairs from developing a power base separate from the Republican Party. Newt Gingrich has authored over 20 best selling books through which he has earned millions of dollars in [72] Gingrich elevated junior and more ideologically extreme House members to powerful committees, such as the Appropriations Committee, which over time led to the obliteration of internal norms in the committees. Gingrich played a key role in several government shutdowns, and impeached President Bill Clinton on a party-line vote in the House. WebSpeaker Newt Gingrich is Chairman of Gingrich 360, a multimedia production and consulting company based in Arlington, Virginia. [145], Other organizations and companies founded or chaired by Gingrich include the creative production company Gingrich Productions,[147] and religious educational organization Renewing American Leadership. Newt Gingrich (born June 17, 1943) is famous for being politician. She earned her wealth through her work as a political consultant and pollster and her time in the Trump administration. [6] Gingrich is a key figure in the 2017 book The Polarizers by Colgate University political scientist Sam Rosenfeld about the American political system's shift to polarization and gridlock. [260][261] Jackie later said in 1984 that the divorce was a "complete surprise" to her. [274], In 1993, while still married to Marianne, Gingrich began an affair with House of Representatives staffer Callista Bisek, more than two decades his junior. [117][118], Additionally, the House Ethics Committee concluded that inaccurate information supplied to investigators represented "intentional or reckless" disregard of House rules. [6][7][8][67][68][69][70][71][9][72][73][10] According to Harvard University political scientists Daniel Ziblatt and Steven Levitsky, Gingrich's speakership had a profound and lasting impact on American politics and health of American democracy. An aide who worked with Gingrich throughout the 1970s stated that "it was common knowledge that Newt was involved with other women during his marriage to Jackie. [86] Other major parts of the spending plan called for $115billion to be saved through a restructuring of Medicare, $24billion set aside to extend health insurance to children of the working poor, tax credits for college tuition, and a $2billion welfare-to-work jobs initiative. He insisted that the Republican Party would continue to apply political pressure on the President to approve their welfare legislation. As of 2023, Newt Gingrichs net worth is predicted to be $10 million. [46] Gingrich's success in forcing Wright's resignation contributed to his rising influence in the Republican caucus. [37] He faced a close general election race oncein the House elections of 1990when he won by 978votes in a primary race against Republican Herman Clark and won a narrow 974vote victory over Democrat David Worley in the general. In a May 15, 2011, interview on Meet the Press, Gingrich repeated his long-held belief that "all of us have a responsibility to payhelp pay for health care", and suggested this could be implemented by either a mandate to obtain health insurance or a requirement to post a bond ensuring coverage. He founded and chaired several policy think tanks, including American Solutions for Winning the Future and the Center for Health Transformation. Newton Leroy Gingrich (/rt/; n McPherson; born June 17, 1943) is an American politician and author who served as the 50th speaker of the United States House of Representatives from 1995 to 1999. Newt has a $9 million net worth. [159][160], Between 2001 and 2010, Gingrich consulted for Freddie Mac, a government-sponsored secondary home mortgage company, which was concerned about new regulations under consideration by Congress. [39], In 1981, Gingrich co-founded the Military Reform Caucus (MRC) and the Congressional Aviation and Space Caucus. In 2007, Gingrich authored a book, Rediscovering God in America. Clinton favored the then current law, which was to let the premium that seniors pay drop to $42.50. His primary opponent, State Representative Herman Clark, who had challenged Gingrich two years earlier, made an issue out of Gingrich's 22overdraft checks in the House banking scandal, and also criticized Gingrich for moving into the district. I don't think imposing radical change from the right or the left is a very good way for a free society to operate." Gingrich defeated Democratic State Senator Virginia Shapard by 7,500votes. [219] After having consulted for Trump's 2016 campaign, Gingrich encouraged his fellow Republicans to unify behind Trump, who had by then become the presumptive Republican presidential nominee. Being born on 17 June 1943, Newt Gingrich is 79 years old as of todays date 1st January 2023. His height is 1.83 m tall, and his weight is 85 kg. Newt Gingrich started his career as an assistant professor in the year 1970. Along with his job, he used to show interest in politics too. [122] On July 11, Gingrich met with senior Republican leadership to assess the situation. Early COS members included Robert Smith Walker, Judd Gregg, Dan Coats and Connie Mack III. Gingrich led a revolt that defeated the initial appropriations package and led to the 1990 United States federal government shutdown. [227] According to journalist Robert Mickens, Newt Gingrich served as the de facto ambassador or the "shadow ambassador" while Callista Gingrich, as paraphrased by McKay Coppins of The Atlantic, "is generally viewed as the ceremonial face of the embassy". [98], Gingrich and the incoming Republican majority's promise to slow the rate of government spending conflicted with the president's agenda for Medicare, education, the environment and public health, leading to two temporary shutdowns of the federal government totaling 28 days. The marriage fell apart within days. [154], According to financial disclosure forms released in July2011, Gingrich and his wife had a net worth of at least $6.7million in 2010, compared to a maximum net worth of $2.4million in 2006. And besides, she has cancer. [284][285] He said: "over the course of several years, I gradually became Catholic and then decided one day to accept the faith I had already come to embrace". [89], In 1997, President Clinton signed into effect the Taxpayer Relief Act of 1997, which included the largest capital gains tax cut in U.S. history. The Republicans held out for an increase in Medicare PartB premiums in January 1996 to $53.50 a month. Newt Gingrich during the Republican National Convention in Cleveland in 2016. [64], As Speaker, Gingrich sought to increasingly tie Christian conservatism to the Republican Party. He was re-elected three times from this district against nominal Democratic opposition. He earned the money being a professional Politician. There had been no reelected Republican majority since 1928. When he feels like traveling, he crisscrosses the Atlantic in business class, opining on the issues of the day from bicontinental TV studios and giving speeches for $600 a minute. "[266] Jackie, a deacon and volunteer in the First Baptist Church of Carrollton, Georgia, died in 2013 in Atlanta at the age of 77. [248][249], On July 21, 2016, Gingrich argued that members of NATO "ought to worry" about a U.S. commitment to their defense. )", "Newt Gingrich Goes Full 'Great Replacement Theory' on Fox", "Newt Gingrich on America and the State of the World", "Newt Gingrich urges Republicans to rethink opposition to gay marriage", "Newt Gingrich Endorses National Popular Vote", "Newt Gingrich just said the US should deport all Muslims who believe in Sharia", "Gingrich also tosses out the 1st A, saying "anybody who goes on a website favoring" terrorist groups, "that should be a felony. Santorum took Tennessee and Oklahoma, where Gingrich had previously performed well in the polls, though Gingrich managed a close third behind Romney. [99], Clinton said Republican amendments would strip the U.S. Treasury of its ability to dip into federal trust funds to avoid a borrowing crisis. As of August 2022, Gingrich was advising Kevin McCarthy and House Republicans for the 2022 midterm elections, according to journalist Dana Milbank. According to Wikipedia, Forbes, IMDb & Various Online resources, famous Politician Newt Gingrichs net worth is $1-5 Million at the age of 76 years old. [123] Gingrich accepted Paxon's resignation and directed Paxon to immediately vacate his leadership office space. [236] [238] He is a founder of American Solutions for Winning the Future. [85], By May 1997, Republican congressional leaders reached a compromise with Democrats and President Clinton on the federal budget. [186] On June 21, 2011, two more senior aides left. [241] In August 2021 Gingrich was said to have echoed the Great Replacement theory during a Fox News interview. As of 2020, Newt Gingrichs net worth is around $37 million. According to their plan, House Majority Leader Dick Armey, House Majority Whip Tom DeLay, Boehner and Paxon were to present Gingrich with an ultimatum: resign, or be voted out. WebHis net worth has been growing significantly in 2021-2022. [290][291] Gingrich's first engagement in civic affairs was speaking to the city council in his native Harrisburg, Pennsylvania, as to why the city should establish its own zoo. [177], Prior to President Donald Trump leaving office in December 2020, Trump appointed Gingrich to the Defense Policy Board Advisory Committee of the Pentagon as part of a series of shakeups where prominent Trump loyalists replaced former members. [3], As House Speaker, Gingrich oversaw passage by the House of welfare reform and a capital gains tax cut in 1997. Newt Gingrich had his initial graduation in 1961 from Baker High School in Columbus, Georgia. In 1965, he earned his B.A. degree in history from Emory University, Atlanta. Further, he attended Tulane University, where he received his M.A. degree in 1968. [195][196], After the field narrowed with the withdrawal from the race of Huntsman and Rick Perry, Gingrich won the South Carolina Republican primary on January 21, obtaining about 40% of the vote, considerably ahead of Romney, Santorum and Paul. (1996), Nagle, John Copeland, and William N. Eskridge. [11] Despite a late victory in the South Carolina primary, Gingrich was ultimately unable to win enough primaries to sustain a viable candidacy, he withdrew from the race in May 2012 and endorsed eventual nominee Mitt Romney. [119] In 1999, the IRS cleared the organizations connected with the "Renewing American Civilization" courses under investigation for possible tax violations. Long-time House Minority Leader Bob Michel of Illinois had not run for re-election, giving Gingrich, the highest-ranking Republican returning to Congress, the inside track at becoming Speaker. In addition to this, his writing career has He explained that under no circumstance would he step down. It is likely that 2020 will become another trap for the Democrats. There is also a chance that this sum of money will grow as Gingrich is a part of the debate show entitled The poor showing by Republicans in the 1998 congressional elections, a reprimand from the House for Gingrich's ethics violation, and pressure from Republican colleagues resulted in Gingrich's resignation from the speakership on November 6, 1998. [58], The Assembly created a new, heavily Republican 6th district in Fulton and Cobb counties in the wealthy northern suburbs of Atlantaan area that Gingrich had never represented. American politician, author, and political consultant, Newton Leroy "Newt" Gingrich has an estimated net worth of $6.7 million Los Angeles Times. [244] Although he previously opposed gay marriage, in December 2012, Gingrich suggested that Republicans should reconsider their opposition to it. It included his pledge to "uphold personal fidelity to my spouse". [300] The show was cancelled the following year.[301]. [235], In July 2022, he was featured at an America First Policy Institute conference promoting a "Trump-inspired platform for the 2024 GOP presidential nominee". [300] Gingrich represented the right on the revamped debate program. That no reasonable person would put faith in it."[243]. At the same time Gingrich was having an affair with a woman 23 years his junior. [287][288][289], Gingrich has expressed a deep interest in animals. [150], Gingrich founded Advocates for Opioid Recovery together with former Rep. Patrick J. Kennedy and Van Jones, a former domestic policy adviser to President Barack Obama. "[286] At a 2011 appearance in Columbus, Ohio, he said, "In America, religious belief is being challenged by a cultural elite trying to create a secularized America, in which God is driven out of public life. Republican amendments would have limited appeals by death-row inmates, made it harder to issue health, safety and environmental regulations, and would have committed the president to a seven-year balanced budget. Despite this, on April 19, Gingrich told Republicans in New York that he would work to help Romney win the general election if Romney secured the nomination. On September 28, 2007, Gingrich announced that if his supporters pledged $30million to his campaign by October 21, he would seek the nomination. stump speeches and television appearances). [82] The bill was signed into law by President Clinton on August 22, 1996. Newt amassed his fortune while serving as the 58th Speaker of the United States House of Representatives from 1995 to 1999 and as a consultant and creator of several big enterprises. Some Republicans felt that the compromise reached with Clinton on the budget and tax act was inadequate,[93] however Gingrich has stated that the tax cuts were a significant accomplishment for the Republican Congress in the face of opposition from the Clinton administration. In addition to including breakthroughs in dinosaur research on his list of futuristic wonders, he specified 'people interested in dinosaurs' as a prime example of those who might benefit from his education proposals. Gingrich's later books take a large-scale policy focus, including Winning the Future, and the most recent, To Save America. Flynt had never faced a serious challenger; Gingrich was the second Republican to ever run against him. Gingrich sold his home in Carrollton and moved to Marietta in the new district. "[294], Space exploration has been an additional interest of Gingrich since a fascination with the United States/Soviet Union Space Race started in his teenage years. Newt Gingrich was the [208] Following this announcement, The Newt 2012 campaign used a new slogan referring to Gingrich as "the last conservative standing". (1998), Maraniss, David, and Michael Weisskopf. "[183], On March 3, 2011, Gingrich officially announced a website entitled "Newt Exploratory 2012" in lieu of a formal exploratory committee for exploration of a potential presidential run. [277] The marriage produced no children. Gingrich was outspoken in his opposition to giving control over the canal to an administrator appointed by the dictatorship in Panama. [246], On July 14, 2016, Gingrich stated that he believes that Americans of Muslim backgrounds who believe in Sharia law should be deported, and that visiting websites that promote the Islamic State of Iraq and the Levant or Al-Qaeda should be a felony. [269][270][271][272] Marianne helped control their finances to get them out of debt. [54][55], Due to population increases recorded in the 1990 United States census, Georgia picked up an additional seat for the 1992 U.S. House elections. [230][231] He called for the arrest of poll workers in Pennsylvania following the election.[232][233][234]. [24] He spent six months in Brussels in 196970 working on his dissertation, Belgian Education Policy in the Congo 19451960. He sometimes serves as a commentator, guest or panel member on cable news shows, such as the Fox News Channel. In 2016, the campaign filed a proposal to shut down without paying back its outstanding debt to 114 businesses and consultants; the FEC rejected this proposal. In January 1999 he resigned his seat. [253][254] They had two daughters: Kathy, who is president of Gingrich Communications,[255] and Jackie Sue, who is an author, conservative columnist and political commentator. [258] Gingrich's daughter Kathy described the marriage as "difficult". The attempted "coup" began July 9 with a meeting of Republican conference chairman John Boehner of Ohio and Republican leadership chairman Bill Paxon of New York. He left the college in 1977 after being denied tenure. "[161] In January 2012, he said that he could not make public his contract with Freddie Mac, even though the company gave permission, until his business partners in the Center for Health Transformation also agreed to that. [62] Time magazine named Gingrich its 1995 "Man of the Year" for his role in the election. [155], The Gingrich Group was organized in 1999 as a consulting company. "[73] One consequence of the increasing nationalization of politics was that moderate Republican incumbents in blue states were left more vulnerable to electoral defeat. But he has not been able to keep much of that $100 million -- BusinessWeek So, how much is Newt Gingrich worth at the age of 79 years old? [228], While ballots were being counted during the 2020 election, Gingrich supported President Trump in his attempt to win re-election and called on him to stop the vote counts after unsubstantiated allegations of fraud emerged. Gingrich's 201o income of $2.5 million placed him firmly in the top 0.1% of Americans. [18][19], In 1946, his mother married Robert Gingrich (19251996), who adopted him. (1968) and a PhD in European history (1971). [42], In March 1988, Gingrich voted against the Civil Rights Restoration Act of 1987 (as well as to uphold President Reagan's veto). January 6, 2023. All were eventually dropped except for one: claiming tax-exempt status for a college course run for political purposes. All were joint projects with the conservative group Citizens United. [143] Gingrich is also a guiding coalition member of the Project on National Security Reform. [293], Gingrich has shown enthusiasm towards dinosaurs. [145] The group was a "fundraising juggernaut" that raised $52 million from major donors, such as Sheldon Adelson and the coal company Peabody Energy. [115][116][117] It was the first time a Speaker was disciplined for an ethics violation. They argue that Gingrich instilled a "combative" approach in the Republican Party, where hateful language and hyper-partisanship became commonplace, and where democratic norms were abandoned. [42] Ronald Reagan adopted the "opportunity society" ideas for his 1984 re-election campaign, supporting the group's conservative goals on economic growth, education, crime, and social issues. Entrepreneur", "Gingrich tops polls in Iowa, South Carolina, North Carolina and Colorado", "Gingrich won't accept Biden as president, says Democrats, Republicans 'live in alternative worlds', "Kathleen Gingrich, 77; Mother of House Speaker Made News", Biographical Directory of the United States Congress, "Newt Gingrich Arrives In N.H., In Search Of Elephants", "Robert Gingrich; Retired Army Officer, Father of House Speaker", "Gingrich's college records show a professor hatching big plans", "Race details for 1974 election [in 6th District]", "A Newt Chronology | The Long March Of Newt Gingrich | FRONTLINE | PBS", "1976 Presidential General Election Results - Georgia", "Georgia's center of political gravity shifting toward Atlanta", "House Vote #506 -- To Pass S 557, Civil Rights Restoration Act, A Bill To Restore The Broad Coverage And Clarify Four Civil Rights Laws By Providing That If One Part Of An Institution Is Federally-Funded, Then The Entire Institution Must Not Discriminate", "House Vote #527 -- To Pass, Over President Reagan's Veto, S 557, Civil Rights Restoration Act, A Bill To Restore The Broad Coverage And Clarify Four Civil Rights Laws By Providing That If One Part Of An Institution Is Federally-Funded, Then The Entire Institution Must Not Discriminate. [280] He and Callista live in McLean, Virginia. WebAs of 2023, Newt Gingrichs net worth is $9 million.
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