On June 7, Vice President Mike Pence turns 58 years old. For the former Indiana governor, the past 12 months have certainly been a whirlwind. It’s hard to believe, but it hasn’t even been a year since President Trump officially chose Pence as his running mate.
The White House hasn’t publicly revealed any party plans for Pence’s special day, but as a low-key guy, he probably doesn’t want much attention. Instead, celebrate the vice president’s birthday by taking a look at his net worth, political career and family life.
Mike Pence Net Worth: $2 Million
Barely a member of the millionaire’s club, Vice President Pence’s financial situation is a bit more relatable than that of his billionaire boss. Sure, he’s currently earning $230,700 per year to serve as President Trump’s right-hand man, but his 2016 personal financial disclosure — filed with the U.S. Office of Government Ethics — detailed a relatively standard fiscal situation.
In 2016, Pence’s sole source of income was his approximately $174,000 salary as governor of Indiana. His wife is listed as the owner of craft business That’s My Towel Charm, Inc. and as a self-employed artist, but her work on each generated less than $1,000.
Much of Mike Pence’s $2 million net worth comes from a pension plan, valued between $500,001 and $1 million. He also has two other retirement accounts worth up to $30,000 combined.
Like many American parents, Pence has taken student loans out to fund his children’s education. These total somewhere between about $95,000 and $280,000.
Mike Pence’s Political Career
Prior to becoming vice president, Mike Pence was the governor of Indiana. Elected in 2012, he served his entire four-year term, then promptly moved to Washington, D.C. to start his new job.
He’s come a long way from his rocky start in politics. In the late 1980s and early 1990s, Pence lost two consecutive congressional races for his local Indiana district before finally winning in the seat in 2000.
Pence went on to six terms as an Indiana congressman in the U.S. House of Representatives. During this time, he served as the Chairman of the House Republican Study Committee and the House Republican Conference Chairman. He stepped down from the job in 2013, to start his term as Indiana’s 50th governor.
Mike Pence’s Family Life
A deeply religious couple, Mike Pence met his wife Karen at an Indianapolis church in 1983. They married in 1985.
The couple has three children — Michael, Charlotte and Audrey. Their son Michael is a Marine Corps officer, daughter Charlotte is a filmmaker and youngest child Aubrey graduated from Northeastern University in 2017.
Since January, the Pence family’s home base has been Number One Observatory Circle in Washington, D.C. — the official residence of the U.S. vice president. Before moving in, they briefly rented a five-bedroom home in D.C. for nearly $6,000 per month.
Moving from Indiana to the nation’s capital shouldn’t be much of a transition for the Pence’s. The family spent 12 years in Washington, D.C. during the now-vice president’s congressional stint.
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