West Virginia’s senior senator, Joe Manchin, is a businessman, ex-governor, and senator from business since 2010. He’s been in the news lately because he’s a Democrat who frequently votes against party-sponsored bills.
Manchin has made headlines lately for his opposition to the most recent big Democrat legislation package, which included measures to address climate change and increase taxes on companies and the rich. A spokesman for Joe Manchin said the senator’s biggest worry about increased government spending was inflation.
Manchin’s communications director, Sam Runyon, said in a statement “Political headlines are of no value to the millions of Americans struggling to afford groceries and gas as inflation soars to 9.1%… Manchin believes it’s time for leaders to put political agendas aside, reevaluate and adjust to the economic realities the country faces to avoid taking steps that add fuel to the inflation fire,”.
Early Life of Joe Manchin
The future governor of West Virginia was born on August 24, 1947, in Farmington. The second of five kids, he’s number two in the family. John Manchin and Mary are his parents. His mother was an immigrant from the Czech Republic, and both of his parents are of Italian origin.
His family business was selling carpets and furnishings. Previous mayors of Farmington include both his father and grandfather.
In the Senate, Manchin represents the Friends of Wales Caucus. He attended West Virginia University and earned a BA in Business Administration in 1970. Nick Saban, head coach of the Alabama Crimson Tide football team, has been a close buddy of his since they were kids.
When Did He Begin His Political Career?
After serving in the West Virginia House of Delegates from 1982 to 1986 and the West Virginia Senate from 1986 to 1996, Manchin ran for and was elected governor. From 2001 to 2005, he served as West Virginia’s secretary of state. From 2005 to 2010, he led the state as governor.
He ran against Democratic congressman and former opponent Ken Hechler, and won the primary on August 28. He ran against Republican businessman John Raese and won the general election.
Since 2010, he has been West Virginia’s senior senator in the United States Senate. As a congressman, he has gained a reputation for working cooperatively with his Republican colleagues on contentious subjects like abortion and gun control.
Other legislative initiatives he strongly opposes include a national $15/hour minimum wage, the elimination of the filibuster, and the consolidation of power in the Supreme Court. Following the year 2020, he was a crucial swing vote in the Senate, which was split evenly between the Democrats and the Republicans.
Joe Manchin Net Worth
After being elected to the Senate for the first time in 2010, Manchin estimated his wealth to be $6 million. Manchin has a net worth of around $8 million, according to Celebrity Net Worth. He was now one of the wealthiest Senators, ranking among the top 20.
Manchin launched the Enersystems coal brokerage. About 30% of his wealth is tied to his private firm holdings. His 2020 financial filing indicates a possible value of $1-5 million for his shares, depending on the state of the coal industry. According to the same document, Manchin received $5.2 million in profits from Enersystems between 2011 and 2020. His company paid him a dividend of $500,000 in 2020.
His most recent financial statement with the US Senate indicate an annual salary of $700,000 thanks to his various business endeavours in addition to his $174,000 salary from government service.
An Insight Into His Personal Life
Conelly Manchin became Manchin’s wife in 1967, and the couple have three children together. Their daughter Heather held the position of Chief Executive Officer of the pharmaceutical business Mylan from 2012 till 2020.
While he and Gayle are in the nation’s capital, they call their houseboat, which cost them a combined total of $250,000, “Almost Heaven.” Since 2013, Manchin has been the owner of the yacht.
Joe and Gayle purchased a riverfront home on the Kanawha River in Charleston for the price of $765,000 in January 2021. The couple already owned a small town home in Charleston, West Virginia. Joe owns a Maserati Levante that costs $80,000.
Does He Hold a Pilot Licence?
He holds a pilot’s licence in addition to being a member of the National Rifle Association (NRA). He follows the Catholic faith. Manchin disclosed AA Properties as a non-public asset. 71 percent of Manchin’s investment income and 30 percent of his net worth came from Enersystems. He may have as many as 61 assets.