What Is Jeff Sessions’ Net Worth, and How Much Did He Earn Before He Was Fired By Trump?
Jeff Sessions is out. Just one day after midterm elections where Democrats took control of the House of Representatives, President Donald Trump fired the attorney general.
Sessions submitted his resignation at the request of the president, he wrote in a letter he delivered to White House chief of staff John Kelly. Matthew Whitaker will replace Sessions as acting attorney general.
What Sessions’ firing means for the Mueller investigation remains to be seen. But the dismissal marks the end of Sessions’ turbulent career with the Trump administration, one where Trump frequently lashed out at his attorney general.
Find out how much Jeff Sessions is worth, and how much he earned as attorney general before Trump fired him.
Jeff Sessions’ net worth is $7.5 million
The Center for Responsive Politics, a non-profit and nonpartisan research group, estimates that Sessions was worth $7.5 million in 2015. That made him the 29th–richest member of the Senate that year. (Sessions was a senator from Alabama before he became Trump’s attorney general.)
At the time, Sessions’ assets included several hundred thousand dollars invested in Vanguard mutual funds, as well as money in government bonds. He also owns real estate, including a 479-acre farm in Wilcox County, Alabama, with an estimated value between $500,001 and $1 million.
In addition, Sessions owns oil and mineral rights on more than 600 acres in the Choctaw National Wildlife Refuge. He neglected to include those rights in the ethics form he submitted to Congress during his attorney general confirmation hearing.
Jeff Sessions’ attorney general salary
As attorney general, Jeff Sessions would have earned a salary $210,700 per year, according to the Office of Personnel Management. Sessions got a fairly significant pay bump when he moved to the executive branch. His salary as a senator was $174,000. Changing roles meant an increase of $36,700 or 21%.
What will Sessions do now?
It’s not clear what Sessions’ next career move will be now that he’s out at the White House. He could try to reclaim his Senate seat in 2020 when Democrat Doug Jones is up for reelection. While Sessions wasn’t the most-loved senator before resigned, he had an approval rating of 54% in 2016 and it’s possible Alabama voters would want him back.
If Sessions decides not to seek elected office again, he could make a career as a media pundit, a common move for former politicians. He could also become a lobbyist, which the Atlantic described as “the single most popular post-Congress career choice for retiring members.” One out of every four members of Congress who left office after the 2014 midterms became lobbyists. Another 25% staying in Washington in other jobs.
Sessions could also make money on the paid speaker circuit. High-profile individuals including politicians can command high fees to speak at private events. That’s one way Reince Priebus, Trump’s former chief of staff, is keeping busy these days. Former secretaries of state Madeleine Albright and John Kerry, President George W. Bush, and former senators Kelly Ayotte and Bill Bradley are also among the many politicians who can be booked for events through the Washington Speaker’s Bureau. The highest-profile individuals, like Bush, Al Gore, and Condoleeza Rice, can earn more than six figures for a single event – nice work if you can get it.
Check out The Cheat Sheet on Facebook!