Jim Inhofe Net Worth – Republican Senator James Inhofe is currently under investigation for a possible conflict of interest transaction. For those who are unaware, Jim Inhofe is the chairman of the Armed Services Committee.
We will not go over the investigations, but we will provide you with all the information about Jim Inhofe net worth and other aspects of his life in this article.
So, without further ado, let’s get started.
Jim Inhofe Net Worth
According to Forbes and Business Insider, Jim Inhofe net worth is estimated to be around $1.5 million.
He began his insurance career as a salesman and rose through the ranks to become President of Quaker Life Insurance.
Since his first election in 1994, James Mountain Inhofe has served as Oklahoma’s senior senator.
He was the Republican Party‘s leader in the United States Senate and chaired the Environment and Public Works (EPW) Committee twice (2003–2007 and 2015–2017).
In 2018, Inhofe served as acting chairman of the Armed Services Committee while John McCain was battling cancer. Following McCain’s death, he took over as chairman.
Jim Inhofe Biography and Career
Now that we know what is Jim Inhofe net worth, it becomes crucial to understand why he is so important in the political arena and what kind of life he lived before he became such a big name.
To begin, Inhofe is well-known for his skepticism of climate change research, the Inhofe Amendment, which would make English the official language of the United States, and his support for a constitutional amendment prohibiting gay marriage.
He was born in Des Moines, Iowa, to Blanche and Perry Dyson Inhofe and moved to Tulsa, Oklahoma, with his family as a child. He graduated with the Class of 1953 from Tulsa Central High School and earned a bachelor’s degree in economics from the University of Tulsa in 1973.
Inhofe was a successful businessman for 30 years before entering politics full-time. He became Quaker Life Insurance Company president after working in aviation, real estate development, and insurance. Under his supervision, the company went into receivership and was dissolved in 1986.
When the 1960s arrived, Inhofe became involved in Oklahoma Republican politics. From 1967 to 1969, he was a member of the Oklahoma House of Representatives, and from 1969 to 1977, he was a member of the Oklahoma Senate.
In the 1974 governor’s race, he ran for the office of Oklahoma governor. He was defeated 64% to 36% by David Boren, a Democrat running for state representative.
Inhofe again ran for office in 1976 for the seat of Oklahoma’s first congressional District. He won the Republican primary by a margin of 67% to 25% to 8% over incumbent Senator Frank Keating and Mary Warner.
Inhofe was elected mayor of Tulsa in 1978 with a majority vote of 51% to 46% against Democrat Rodger Randle. In 1980 and 1982, he was re-elected with a majority vote and faced no opposition.
In 1986, when Representative Jones resigned to become U.S. Senate president, Inhofe ran for the first district seat and won the Republican primary with 54% of the vote. He won the election with 55% of the vote, compared to Gary Allison’s 43% as a Democrat.
He was re-elected in 1988 with 53% of the vote to Governor George Nigh’s 47%. At the time, his opponent was Democratic legal counsel Kurt Glassco. In 1990, he defeated Glassco once more, this time by a score of 56% to 44%.
Due to redistricting, the original District only included parts of two counties: Tulsa and Wagoner. Senator Inhofe was re-elected with 53% of the vote in 1992.
Inhofe opposed President Ronald Reagan’s 1987 budget, which included tax increases and flat defense spending.
In 1993, he led the effort to change the discharge petition rule, which the House leadership had previously used to bury bills in committee and gain national attention.
After serving in the Senate since 1979, incumbent David Boren announced his intention to resign once a successor was elected, and in 1994, he accepted a position as president of the University of Oklahoma.
Inhofe was elected to succeed Boren during the same election cycle in which the Republican Party won both houses of Congress and the governorship of Oklahoma (the latter for less than the third time in state history). After serving the final two years of Boren’s term, he was elected to his first full term in 1996. He was re-elected in 2002, 2008, 2014, and 2020.
Inhofe, a member of the Armed Services Committee, was one of the panelists who questioned witnesses about prisoner abuse at Abu Ghraib in 2004, and in 2006, Inhofe was one of only nine senators who voted against the Detainee Treatment Act of 2005. This law prohibits the “cruel, inhuman, or degrading” treatment of people while they are in the custody of the United States government.
Inhofe took over as chairman of the Senate Armed Services Committee in December 2017 while John McCain was away receiving treatment for brain cancer.
Jim Inhofe Wife, Family, Children
Inhofe married Kay Kirkpatrick in 1959, and the couple has four children.
Dr. Perry Inhofe, Inhofe’s son, died in a plane crash on November 10, 2013, on his first solo flight after completing flight training in a recently purchased aircraft in Owasso, Oklahoma.
Jim Inhofe Education
When Jim Inhofe was a child, his family relocated to Tulsa, Oklahoma. He went to Tulsa Central High School, where he graduated in 1953.
Inhofe earned a bachelor’s degree in economics from the University of Tulsa in 1973. However, there is some controversy surrounding this one particular point.
Until his 1994 campaign for the United States Senate, his official biographies and news articles stated that he graduated in 1959.
Inhofe initially denied the news reports that revealed the discrepancy; however, he eventually admitted that a discrepancy did exist. After admitting that the rumors were true, Inhofe went on to explain how, despite being a few credits short of completing his degree, he attended graduation ceremonies in 1959 and did not complete his coursework until 1973.
Inhofe also received the Character and Leadership Award from the United States Air Force Academy for public service and leadership qualities.
Jim Inhofe Business and Contact
If you are a fan of Jim Inhofe or have some queries about his work, you can contact him.
Here is his contact information –
- Mailing Address: 205 Russell Senate Office Building, Washington DC 20510
- Phone Number: (202) 224-4721
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