{"id":1602285,"date":"2022-08-12T06:32:11","date_gmt":"2022-08-12T10:32:11","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1602285"},"modified":"2022-08-12T06:32:26","modified_gmt":"2022-08-12T10:32:26","slug":"liz-cheneys-net-worth-surged-600-during-her-time-in-office","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/liz-cheneys-net-worth-surged-600-during-her-time-in-office\/","title":{"rendered":"Liz Cheney&#8217;s Net Worth Surged 600% During Her Time in Office"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fliz-cheneys-net-worth-surged-600-during-her-time-in-office%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1602285&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"subheading\">Rep. Liz Cheney\u2019s (R-WY) net worth ballooned from an estimated $7 million when she first took office in 2017 to possibly more than $44 million in 2020, according to analysis from the Center for Responsive Politics and her most recent financial\u00a0disclosure forms.<\/p>\n<p>Depending on where she falls in the ranges in her latest financial disclosure forms, that could represent as much as a 600 percent increase in her net worth in just a few short years in Congress\u2013a massive boom for an already-independently wealthy political scion of the powerful Cheney family which counts among its most powerful her father, former Vice President of the United States Dick Cheney.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>During Cheney\u2019s first term in office, from 2017 to 2018, her net worth <a href=\"https:\/\/www.opensecrets.org\/personal-finances\/net-worth?cid=N00035504&#038;year=2017\">grew<\/a> from the 71st ($7,036,013) to the 24th ($14,710,513) wealthiest member in the U.S. House of Representatives, the Center for Responsive Politics analysis shows.<\/p>\n<p>Since then, Cheney\u2019s net worth has continued to grow\u2013perhaps significantly. According to her 2020 Personal Financial Disclosure former, Cheney declared her net worth was\u00a0<a href=\"https:\/\/disclosures-clerk.house.gov\/public_disc\/financial-pdfs\/2020\/10043201.pdf\" target=\"_blank\" rel=\"noopener\">estimated<\/a>\u00a0between $10,422,023 and $44,140,000 stemming from assets valued between $10,432,024 and $44,155,000. Cheney reported no earned income, gifts, or transactions. Yet Cheney declared she held three posts, which include a trustee position at the University of Wyoming, a member of a holding company, and what appears to be her family\u2019s trust.<\/p>\n<p>The documents are reported in ranges, so it is unclear at this time exactly how close she falls to the top of the broader range, but even if her worth is the lower end, she still significantly increased her net worth while in office.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>Cheney\u2019s boosted net worth comes amid political controversy about how some congressional members have enriched themselves while American workers do not have the same access or connections. The median American household net worth <a href=\"https:\/\/www.nerdwallet.com\/article\/finance\/average-net-worth-by-age#:~:text=The%20average%20net%20worth%20for,more%20representative%20measure%20%E2%80%94%20is%20%24121%2C700.\">is<\/a> $121,700, NerdWallet estimated.<\/p>\n<div id=\"attachment_21808801\" class=\"wp-caption alignnone\"><a href=\"https:\/\/media.breitbart.com\/media\/2022\/08\/GettyImages-1242168208-1.jpg\"><\/a><\/p>\n<p class=\"wp-caption-text\">WASHINGTON, DC \u2013 JULY 28: Rep. Liz Cheney (R-WY) walks to a meeting in the office of Speaker of the House Nancy Pelosi (D-CA) on Capitol Hill on Thursday, July 28, 2022 in Washington, DC. (Kent Nishimura \/ Los Angeles Times via Getty Images)<\/p>\n<\/div>\n<p>Notably, in 2018, Cheney\u2019s top\u00a0listed assets\u00a0<a href=\"https:\/\/www.opensecrets.org\/personal-finances\/liz-cheney\/net-worth?cid=N00035504\">were<\/a>\u00a0Citibank ($3,000,000) and Latham &#038; Watkins ($3,000,000). Latham &#038; Watkins is Liz Cheney\u2019s husband\u2019s law firm, where Philip Perry, Cheney\u2019s husband,\u00a0<a title=\"This external link will open in a new window\" href=\"https:\/\/www.lw.com\/people\/PhilipJPerry\" target=\"_blank\" rel=\"noopener noreferrer\">has<\/a>\u00a0been a partner since 2017. According to Cheney\u2019s\u00a02020 Personal Financial Disclosure, Perry\u00a0<a title=\"This external link will open in a new window\" href=\"https:\/\/disclosures-clerk.house.gov\/public_disc\/financial-pdfs\/2020\/10043201.pdf\" target=\"_blank\" rel=\"noopener noreferrer\">has<\/a>\u00a0an \u201cequity ownership\u201d in the firm worth between $1,000,001 and $5,000,000.<\/p>\n<p>Perry\u2019s firm has\u00a0<a title=\"This external link will open in a new window\" href=\"https:\/\/www.breitbart.com\/midterm-election\/2022\/08\/09\/liz-cheney-husbands-law-firm-advises-ccp-linked-technology-firm\/\" target=\"_blank\" rel=\"noopener noreferrer\">advised<\/a>\u00a0a Chinese Communist Party-linked technology company named TME and Exelon Corporation. The State Department in 2019\u00a0<a class=\"x5l\" title=\"This external link will open in a new window\" href=\"https:\/\/qz.com\/1708662\/chinese-tech-giants-tools-of-the-communist-party-us-official\/\" target=\"_blank\" rel=\"noopener noreferrer\">dubbed<\/a>\u00a0TME a tool of the Chinese government. According to the\u00a0<em>Wall Street Journal,\u00a0<\/em>in 2011, Exelon Corporation\u00a0<a class=\"editor-rtfLink x5l\" title=\"This external link will open in a new window\" href=\"https:\/\/www.wsj.com\/articles\/SB10001424052970204358004577031241071779010\" target=\"_blank\" rel=\"noopener noreferrer\">agreed<\/a>\u00a0to provide consulting and training services to an arm of the state-owned China National Nuclear Corporation (CNNC). The state-owned CNNC\u2019s president and vice president are appointed by the highest administrative position in the Government of China, the Premier of the People\u2019s Republic of China. The CNNC supervises all facets of China\u2019s nuclear programs.<\/p>\n<p>While Perry\u2019s law firm has serviced Chinese clients, Cheney has sat on the\u00a0Armed Services Committee with many powerful subcommittees\u00a0<a title=\"This external link will open in a new window\" href=\"https:\/\/armedservices.house.gov\/\" target=\"_blank\" rel=\"noopener noreferrer\">dedicated<\/a>\u00a0to national security. Cheney\u00a0<a title=\"This external link will open in a new window\" href=\"https:\/\/justthenews.com\/accountability\/political-ethics\/liz-cheneys-hunter-biden-problem-husbands-firm-represents\" target=\"_blank\" rel=\"noopener noreferrer\">worked<\/a>\u00a0with House Republicans\u2019 on producing a 2020 report on Communist China <a href=\"https:\/\/gop-foreignaffairs.house.gov\/wp-content\/uploads\/2020\/09\/CHINA-TASK-FORCE-REPORT-FINAL-9.30.20.pdf\">entitled<\/a> the \u201cChina Task Force Report.\u201d\u00a0The report states, \u201c[T]he greatest generational challenge we face today is the threat of the Chinese Communist Party (CCP).\u201d<\/p>\n<figure id=\"M-ROS-B3\" class=\"a8d adSo\"><\/figure>\n<p>Cheney\u2019s GOP primary opponent, Trump-endorsed Harriet Hageman, has\u00a0<a class=\"x5l\" title=\"This external link will open in a new window\" href=\"https:\/\/justthenews.com\/politics-policy\/elections\/cheney-rival-says-reps-husband-should-have-some-integrity-instead-working\" target=\"_blank\" rel=\"noopener noreferrer\">slammed<\/a>\u00a0Cheney and her husband for his connections to the CCP-liked companies. Hageman believes the Perry family is \u201cpersonally\u201d and \u201cfinancially benefiting from working for China,\u201d Hageman told\u00a0Just the News.<\/p>\n<p>Concerning Perry\u2019s partnership at\u00a0Latham &#038; Watkins, Cheney\u2019s\u00a0spokesman Jeremy Adler previously <a href=\"https:\/\/www.breitbart.com\/midterm-election\/2022\/08\/09\/liz-cheney-husbands-law-firm-advises-ccp-linked-technology-firm\/\">told<\/a> Breitbart News that Perry has not financially gained from the \u201cChinese Government\u201d during his partnership tenure. \u201cHarriet is telling you an outright lie. Liz\u2019s husband, Phil Perry, receives no financial benefit at all from any Chinese Government entity,\u201d Adler wrote in an emailed statement. \u201cThis is pure defamation, and Harriet should be accountable for it.\u201d<\/p>\n<figure id=\"D-ROS-B2\" class=\"a8d\"><\/figure>\n<div id=\"attachment_21808926\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/08\/AP22181069199672-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-21808926 size-full\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/08\/AP22181069199672-2.jpg\" alt=\"FILE - Rep. Liz Cheney, R-Wyo., vice chair of the House Select Committee investigating the Jan. 6 U.S. Capitol insurrection, a speech at the Ronald Reagan Presidential Library and Museum, June 29, 2022, in Simi Valley, Calif. Cheney&#039;s unrelenting criticism of former President Donald Trump from a Capitol Hill committee room represents the centerpiece of an unconventional campaign strategy that may well lead to her political demise, at least in the short term. (AP Photo\/Mark J. Terrill)\" width=\"640\" height=\"480\" \/><\/a><\/p>\n<p class=\"wp-caption-text\">FILE \u2013 Rep. Liz Cheney, R-Wyo., vice chair of the January 6 Committee, gives a speech at the Ronald Reagan Presidential Library and Museum, June 29, 2022, in Simi Valley, Calif. (AP Photo\/Mark J. Terrill)<\/p>\n<\/div>\n<p>Breitbart News reached out to Cheney\u2019s office to ask\u00a0how she explains her net worth grown from an estimated from $7 million in 2017 to possibly more than $44 million in 2020 depending on where she falls in the reported ranges on her 2020 Personal Financial Disclosure document. Cheney\u2019s office did not return a request for comment on this front.<\/p>\n<p>Questions surrounding Cheney\u2019s wealth come has she is trailing in the polls to opponent Harriet Hageman by about 30 points and predicted to lose the GOP primary on August 16. Cheney\u2019s political approval is on a downward trend due to her fixation on fighting against former President Donald Trump on the partisan January 6 Committee.\u00a0Fifty-four percent of voters were less likely to\u00a0<a href=\"https:\/\/www.breitbart.com\/politics\/2022\/07\/16\/27-approve-liz-cheneys-job-performance-aiding-january-6-committee\/\">support<\/a>\u00a0Cheney\u2019s reelection \u201cbecause she\u2019s part of the panel investigating the attack on the Capitol,\u201d\u00a0<em>Casper Star-Tribune<\/em>\/Mason-Dixon found.<\/p>\n<figure id=\"M-ROS-B4\" class=\"a8d adSo\"><\/figure>\n<p class=\"css-at9mc1 evys1bk0\">Cheney\u2019s opposition to Trump has\u00a0<a href=\"https:\/\/www.breitbart.com\/politics\/2022\/08\/05\/establishment-uniparty-deploys-last-ditch-tactics-save-liz-cheney-defeat\/\">won<\/a>\u00a0her favor with many in the establishment uniparty. In recent weeks,\u00a0Cheney\u00a0has <a href=\"https:\/\/www.breitbart.com\/politics\/2022\/08\/02\/liz-cheneys-campaign-finds-solace-rich-famous\/\">won<\/a>\u00a0endorsements from Hollywood elites and donations from Hillary Clinton and former President Barack Obama donors. She has also\u00a0<a href=\"https:\/\/www.breitbart.com\/politics\/2022\/06\/23\/liz-cheney-asks-democrats-to-vote-for-her-in-wyoming-republican-primary\/\">solicited<\/a>\u00a0votes from Democrats, though\u00a0Joseph Barbuto, the chairman of the Wyoming Democrat Party, believes the tactic will not be effective.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">Cheney has also <a href=\"https:\/\/www.breitbart.com\/midterm-election\/2022\/08\/10\/outside-state-money-floods-wyoming-to-save-liz-cheney-from-defeat-tuesday\/\">received<\/a> large amount of money from outside state donors looking to save Cheney from defeat.\u00a0The incumbent has out-raised Hageman by nearly three to one. Yet Hageman has done very well with Wyoming voters, who have donated more than $1.2 million \u2014 more than four times as much as Wyoming voters have donated to Cheney, FEC data shows.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">\u201cLiz Cheney has lost Wyoming. Liz Cheney doesn\u2019t live in Wyoming. She doesn\u2019t represent us,\u201d Hageman\u00a0<a title=\"This external link will open in a new window\" href=\"https:\/\/www.breitbart.com\/politics\/2022\/01\/23\/liz-cheney-loses-wyoming-straw-poll-trump-backed-harriet-hageman\/\" target=\"_blank\" rel=\"noopener noreferrer\">told<\/a>\u00a0Breitbart News. \u201cShe doesn\u2019t represent our values.\u201d<\/p>\n<p>According to PredictIt odds, Cheney\u00a0<a class=\"x5l\" href=\"https:\/\/www.predictit.org\/markets\/detail\/7411\/Who-will-win-the-2022-Wyoming-At-Large-election\" target=\"_blank\" rel=\"noopener external\">has<\/a>\u00a0only a three-cent chance on the dollar of winning. Trump-endorsed Harriet Hageman is favored by 97 cents on the dollar.<\/p>\n<div class=\"entry-content\">\n<p><em>Follow Wendell Huseb\u00f8 on\u00a0<\/em><a class=\"x5l\" href=\"https:\/\/twitter.com\/WendellHusebo?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\" target=\"_blank\" rel=\"noopener external\"><em>Twitter<\/em><\/a><em>\u00a0and\u00a0<\/em><a class=\"x5l\" href=\"https:\/\/gettr.com\/user\/wendellhusebo\" target=\"_blank\" rel=\"noopener external\"><em>Gettr<\/em><\/a><em>\u00a0@WendellHuseb\u00f8. He is the author of\u00a0<\/em><a class=\"x5l\" href=\"https:\/\/www.amazon.com\/Politics-Slave-Morality-Wendell-Husebo-ebook\/dp\/B08PPYQSDZ\" target=\"_blank\" rel=\"noopener external\"><em>Politics of Slave Morality<\/em><\/a><em>.<\/em><em>\u00a0<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Rep. Liz Cheney\u2019s (R-WY) net worth ballooned from an estimated $7 million when she first took office in 2017 to possibly more than $44 million in 2020, according to analysis<\/p>\n","protected":false},"author":1,"featured_media":1602396,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1602285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1602285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1602285"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1602285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1602396"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1602285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1602285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1602285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}