See the Finances of William Barr, Trump’s Pick for Attorney General

A Senate panel approved William Barr's nomination.
  • President Donald Trump said the Washington insider and longtime public servant was his choice for attorney general “from day one.”
  • A Senate panel approved William Barr’s nomination for attorney general on Feb. 7.
  • Barr has dedicated his career to law and made his fortune in private practice.

On Dec. 7, 2018, President Donald Trump announced William Barr, 68, as his nominee for attorney general. The president also took the opportunity to mention that Barr was his “first choice from day one,” a statement likely directed toward ousted attorney general Jeff Sessions. Trump called for Sessions’ resignation in November, and Matthew Whitaker has been serving as interim attorney general since. On Feb. 7, a Senate panel approved Barr’s nomination for attorney general. The vote now goes to the full Senate.

In his opening remarks during his confirmation hearing on Jan. 15, Barr made a pledge to allow special counsel Robert Mueller to complete his investigation into Trump’s communication and involvement with Russia related to the 2016 U.S. presidential election.

As attorney general, Barr’s primary duty will be to lead the Justice Department. But it’s a role that should feel familiar to Barr and shouldn’t come with too steep a learning curve: From 1991 to 1993, he served as the late President George H.W. Bush’s attorney general.

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Birthdate: May 23, 1950
Net Worth: Estimated to be in the millions
Primary Source of Income: Private practice salary
Career Highlights: Domestic policy adviser under President Reagan; attorney general under President George H.W. Bush; general counsel at Verizon

Keep reading to learn about the net worth of the newest potential member of the Trump administration’s Cabinet.

William Barr’s Net Worth: Unknown

Since Barr’s departure from the West Wing 25 years ago, the conservative Republican has held prominent roles in corporate law and private practice, including Verizon’s general counsel — in which he received a $10.4 million payout upon his departure — and litigator for Washington, D.C.-based Kirkland & Ellis, where he currently practices. Since 2009 he’s served on the board of directors of Dominion Energy, where his annual compensation is $298,017 as of December 2017.

His appointment as attorney general is subject to Senate confirmation.

Bush, Trump and More: The Wealthiest Presidential Families

William Barr’s Background

Similar to Trump, Barr is a New York City native and an alumnus of the Ivy League. Barr received his undergraduate degree in 1971 and graduate degree in 1973 from Columbia University. While working for the CIA in Virginia, he attended law school at George Washington University and graduated in 1977.

After his departure from the CIA, Barr clerked for a federal judge in the U.S. Court of Appeals and briefly served as President Ronald Reagan’s domestic policy adviser.

Related: See Supreme Court Justice Brett Kavanaugh’s Net Worth

In 1988 Barr joined then-Vice President Bush’s campaign for president, and after Bush was elected, Barr was appointed to the Justice Department, where he quickly rose through the ranks and captured the attention of elder statesmen. His confirmation as attorney general came in 1991, and he served in the role until the conclusion of Bush’s presidential term in 1993.

Read about press secretary Sarah Huckabee Sanders’ net worth and background.

More on Politicians’ Net Worths

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About the Author

Stephanie Asymkos

Stephanie is a New York City-based writer. Her work frequently appears in Business Insider, where she's a lifestyle contributor. She's versed in the topics of social media, lifestyle, personal finance and travel.

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