Networth - Francis Suarez Net Worth – How Much Is He Worth?

Francis Suarez Net Worth – How Much Is He Worth?

Francis Suarez Net Worth - How Much Is He Worth

People have wanted to know more about Mayor Francis Suarez, such as his net worth, salary, biography, etc since the two-term Miami Mayor announced his 2024 Republican Presidential run. He is also a key speaker for the upcoming Republican political event in Iowa 2023 Lincoln Dinner.

With this article will provide you with all the information about Francis Suarez and his personal life.

So without further ado, let’s begin.

Francis Suarez Net Worth 2023

According to several sources, as of July 2023, Francis Suarez’s net worth is estimated to be approximately $7 million.

Earlier in 2021, his networth was $1-$2 million, but Francis doubled his networth around $3.5 million in 2022 through his salary as mayor of Miami, income from his law firm, and investments in real estate and cryptocurrency. He also owns assets worth between $200,000- $740,000.

Francis has cleared his significant debt, which has helped him boost his net worth. According to the estimates, Suarez’s net worth is expected to grow in the coming years.

Francis Suarez Salary And Earnings

Francis Suarez Salary And Earnings

Francis Suarez’s salary is $126,000 yearly as Mayor of Miami. He also receives $33,000 as an expense stipend. His annual income goes around $150,000-$160,000 from his political post.

In addition to his salary, Suarez earns money from his law firm “Quinn Emanuel Urquhart & Sullivan” and his investments in real estate and cryptocurrency.

Throughout his successful career as a politician and a lawyer, Francis Suarez made a net worth of around $7 million.

Francis Suarez Biography And Early Life

Francis Suarez Biography And Early Life
Credit- Politico
Name Francis Suarez
D.O.B & Age 06/10/1977 (45 years old)
Occupation 43rd Mayor of Miami
Salary $126,000 annual salary
Net worth $7 million

Francis Suarez is an American lawyer and politician serving as the 43rd Mayor of Miami. Suarez is a member of the Republican Party. He got elected as a mayor in 2017 and reelected in 2021.

Suarez was born on October 6, 1977, in Miami, Florida, U.S. He is 45 years of age. His father, Xavier Suarez, was a well-known politician who served as mayor of Miami for two terms, from 1985 to 1993. His mother is Rita. Suarez was the eldest of his parents’ four children. His aunt, Lala, is the mother of United State Representative Alex Mooney from West Virginia.

In 2009 Suarez began his political career when he was elected as the City of Miami Commissioner for District 4. He served on the commission for eight years until 2017, and during his time on the commission, he was known for his progressive perspectives on issues such as climate change and economic reforms.

In 2017, Suarez was elected as Mayor of Miami. He has focused on economic development, climate change adaptation, and government transparency as a mayor. He has been a vocal advocate of cryptocurrency and blockchain technology.

Suarez ran in the 2018 Florida gubernatorial election and voted against Republican nominee and eventual winner Ron DeSantis (present Florida Governor). He instead voted for his Democratic opponent Andrew Gillum.

He voted for Desantis in the 2022 gubernatorial election instead of Republican candidate Donald Trump in the 2020 presidential election.

Suarez was reelected as Miami mayor in the 2021 Miami Mayoral election, with 78% of the vote on the first ballot. He has been in this political position for a long time and has served in various significant positions during his career.

In June 2023, Suarez announced his candidacy for the 2024 Presidential election and is currently campaigning for Republican presidential primaries.

Francis Suarez Education

Francis Suarez went to Immaculata-LaSalle High School, where he graduated in 1996. He obtained his bachelor’s degree in finance from Florida International University (FIU) in 2000. He became in the top 10% of his class in his college.

After college, Suarez enrolled in the University of Florida Levin College of Law and received his J.D. degree cum laude in 2004. Later, he became an attorney with the law firm Greenspoon Marder.

Francis Suarez Business

Suarez is an attorney and businessman. He has been a vocal advocate for cryptocurrency and has been called the ‘Bitcoin mayor.’

Suarez’s businesses include the following.

Greenspoon Marder

Suarez is an attorney with the law firm Greenspoon Marder, specializing in corporate and real estate transactions.

Quinn Emanuel Urquhart & Sullivan

Suarez is also an attorney with Quinn Emanuel Urquhart & Sullivan law firm, where he solves complex commercial litigation.

MiamiCoin

Suarez co-founded Miami Coin, a cryptocurrency designed to fund city projects.

Venture Miami

Suarez established Venture Miami, a city initiative designed to attract technology companies to Miami.

Francis Suarez businesses have allowed him to earn a huge net worth. Some people have criticized Miami Mayor for his business interests, claiming that his businesses conflict with his job as mayor. However, Suarez has protected his businesses, declaring that his businesses serve the best interests of the city of Miami.

Francis Suarez Wife

Francis Suarez Wife

Francis Suarez married Gloria Fonts Suarez on May 28, 2005, at the Little Flower Catholic Church in Miami, Florida. The couple have two children together, Andrew Xavier and Gloriana Pilar.

Gloria is a Cuban-American businesswoman who owns Gloria Fonts Suarez Consulting. She is also a member of the Miami-Dade County Commission.

Francis and Gloria met in high school. She is a strong supporter of Saurez’s political career. Gloria has been seen attending his events and campaigns and speaking out in favor of her husband’s political policies.

She is a vocal supporter of women’s rights and education. Francis and Gloria are committed to making a difference in their community and Miami.

FAQs

What is Francis Suarez net worth in 2023?

As of 2023, Francis Suarez net worth is around $7 Million.

How old is Francis Suarez?

Currently, Suarez is 45 years old.

What is the height of Francis Suarez?

The height of Suarez is 5 feet 11 inches (1.81 meters).

What is the name of Francis Suarez’s wife?

Suarez married Gloria Fonts Suarez.

What is the weight of Francis Suarez?

Suarez weighs around 75 Kilograms (165 lbs).

Does Francis Suarez have children?

Yes. Francis has two children, Andrew Xavier and Gloriana Pilar.

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About the author

William Smith

William Smith is a dynamic editor at World-Wire, covering a wide range of topics including health, technology, travel, and events. Known for his ability to simplify complex subjects, he engages readers with his insightful FAQs and articles. His diverse expertise has earned him accolades, including the "Excellence in Diverse Journalism" award in 2022.

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