Kevin McCarthy’s Net worth – How much does he have in the bank? in 2024

Kevin McCarthy's Net worth - How much does he have in the bank

Kevin Mccarthy is a well-known politician of America and a minority leader of the United States of Representatives. Kevin is from the Republican Party. He has been serving as House Minority Leader in the United States House of Representatives since 2019 and he is very popular on the internet for serving as a minority leader and also served as the  U.S. representative for California’s 22nd congressional district from 2007 to 2013 and after redistricting, he served in the 23rd district since 2013 as a States House of Representatives.

He is focused on preserving and promoting the American dream for all Americans who are hard-working. He fights every day with the simple vow: “To have the courage to lead with the wisdom to listen”  for America’s future. Kevin was a member of the House of Representatives of The United States and currently is a member of the California State Assembly from the 32nd District.

Kevin McCarthy
Kevin McCarthy

He is a principled conservative who is very devoted to the future of America and strongly believes that they must protect the founding ideals of their nation. He earned a strong conservative record and fought for policies that would help in the development of America, keep the country safe and protect the values of America. He did this during his tenure in public services.  Kevin has a unique ability to keep people together to solve any kind of problem and lead to worthy results.

Kevin’s Personal life

Kevin McCarthy's family
Kevin McCarthy’s family

Kevin is married to his high sweetheart, Judy. Now they live in their first house which they bought together. Their home was named his Bakersfield home. The couple has two children, one son, and one daughter. They both raised their two children named Connor McCarthy and Meghan McCarthy in the same house.

McCarthy was in the limelight in October 2015 when he was accused of having an extra affair with Representative Renee Ellmers. He had suddenly dropped out of the race for Speaker of the House shortly before he was alleged of an affair. Ellmers and Kevin, both denied the allegations.

Kevin Mccarthy Early Life

Kevin McCarthy

Kevin McCarthy (Kevin Owen McCarthy) was born on 26th January 1965 in Bakersfield, California. He was born to Robert Darlene and Owen McCarthy. His mother was a homemaker and his father was an assistant city fire chief. He is a fourth-generation resident of Kern County.  His maternal grandfather was an Italian immigrant, and his paternal grandfather was Irish.

His parents were members of the Democratic Party but he is the only one in his family who is from the Republican Party. Kevin completed his high school and college studies at California State University, Bakersfield.

He graduated with a degree of Bachelor’s in science and also completed his master’s in Master of Business Administration from California State University, Bakersfield. He got a Bachelor of Science in marketing in 1989 and a Master of Business Administration in 1994 from California State University, Bakersfield. His nationality is American.

Kevin McCarthy LifeStyle

He lives a luxurious life as one of the richest politicians in the United States. Kevin McCarthy lives in his 8,800-square-foot luxury mansion located in California. His property costs 21 Million dollars. His house is luxurious from the inside and has a wine cellar, tennis court, two indoor pools, 10 Bedrooms, and 12 Bathrooms.

Kevin McCarthy

If talks about cars he owns, he has recently bought a Jaguar XF for USD 120,000. He has a Lexus ES that cost USD 136,000. Lincoln Continental, Aston Martin DBX, BMW X6, and Toyota Vellfire are some other cars owned by Kevin McCarthy. His hobbies include Reading, Writing, Speaking, and Traveling.

Kevin McCarthy’s House

A luxurious 8,800-square-foot mansion in California is where Kevin McCarthy resides. It is a 10-bedroom, 12-bath property that cost $21 million. Besides having two indoor pools, a wine cellar, a tennis court, and a wine cellar, this property comes with a wine cellar.

Kevin Mccarthy Physical Appearance

Kevin is 5 feet and 11 inches tall. He is 180 and 1.80 in Cm and meters respectively. Kevin’s weight is 75kg. He is 65 Ibs in Pounds. He has brown color eyes and grey hair. He has an average body type.

McCarthy’s Career

From 1987 to 2002 McCarthy served on the staff of Congressman Bill Thomas. Young Republicans of America were chaired by him in 1995 and Young Republican National Federation was chaired by him from 1999 to 2001. Kevin was the district director of Thomas from the late 1990s to 2000.  McCarthy won his first election as a Kern Community College District trustee in 2000.

In 2002 McCarthy got elected to the California State Assembly. He became the Republican floor leader in 2003. In 2006 he got elected to the United States House of Representatives.

  • Vote against House Resolution 

Kevin McCarthy

On September 17, 2020, McCarthy voted against House Resolution 908 to criticize Asian-American racism related to the COVID-19 pandemic. He stated that the resolution was “a waste of time”, and “At the heart of this resolution is the absurd notion that referring to the virus as a Wuhan virus or the China virus is the same as contributing to violence against Asian Americans.”

  • Capitol Riot 

The Capitol attack on the United States took place on January 6 in 2021. McCarthy said that “as a nation”, “we all have some responsibility” for the event. McCarthy was one of the Republicans who had spread false claims about the validity of the presidential election in the weeks before the incident took place.

On January 13, McCarthy said that Trump “bears responsibility for Wednesday’s attack on Congress by mob rioters. He should have immediately denounced the mob when he saw what was unfolding”. But McCarthy did not vote to impeach Trump for a second time, instead calling for a censure resolution against Trump for his role in the attack.

Capitol riot
Capitol riot

On January 21, McCarthy said he did not think that Trump “provoked” the attack. Two days later, McCarthy said that Trump “had some responsibility when it came to the response”, and then stressed his original position that all Americans have “some responsibility”.  Republicans condemned McCarthy for conflicting statements about Trump after the attack took place. Instead of being condemned McCarthy went to visit Trump at his Mar-a-Lago resort to discuss the future of the Republican Party. McCarthy released a statement that said, “Today, President Trump committed to helping elect Republicans in the House and Senate in 2022”.

  • Abortion Rights Bill

In 2003, McCarthy “supported most abortion rights, but opposed spending tax dollars on abortions”. According to The Washington Post, McCarthy was “a staunch anti-abortion-rights advocate” till 2015.

McCarthy supports the Hyde Amendment (a provision, annually renewed by Congress since 1976, that bans federal funds for abortion), to make the Hyde Amendment permanent he co-sponsored a bill, the “No Taxpayer Funding for Abortion Act”, in 2011. The bill had become a reason for controversy as it.

Kevin McCarthy

This bill was extremely questionable because it provided an exemption from funding terminations of pregnancies caused by only forcible rape“. It provoked abortion-rights activists to name the bill as a  redefinition of rape. McCarthy is also against a state law of California that needs health insurance plans “to treat abortion coverage and maternity coverage neutrally and provide both” because the law violates the Weldon Amendment and other federal laws. For the federal funding of planned parenthood, McCarthy voted to stripe about $500 million.

Kevin McCarthy Bio

In 2002, Kevin McCarthy became a member of the California State Assembly. He previously worked as a district director for Congressman Bill Thomas.

In 2018, Kevin McCarthy was elected Minority Leader, beating off the challenge of Jim Jordan from Ohio. McCarthy was appointed to the Republican Steering Committee as a freshman congressman.

Kevin McCarthy filed a lawsuit against the House of Representatives in May 2020, during the COVID-19 pandemic, seeking to prevent remote proxy voting.

House Resolution 908 condemning racism against Asian Americans in the COVID-19 pandemic was voted down by Kevin McCarthy on September 17, 2020.

Kevin McCarthy’s Net worth – How much does he have in the bank?

Kevin S Mccarthy is estimated to have a net worth of at least $9 million dollars in 2023. Kayne Anderson Energy Infrastructure Fund, Inc (KYN) Chairman, President, and CEO Kevin S Mccarthy owns approximately 538,919 shares of the company’s stock, worth over $5 million. He owns over $2 million worth of Plains All American Pipeline LP shares and is the director of the company.

FAQs About Kevin McCarthy

How much is Kevin McCarthy worth?

Kevin McCarthy has a net worth of 95 million dollars.

How much salary does Kevin McCarthy earn as a Congressman?

Annual income of $312,000 dollars.

Who are Kevin McCarthy’s parents?

Kevin McCarthy’s father has an assistant city fire chief, Roberta Darlene McCarthy, in addition to his mother.

Where did Kevin McCarthy go to college?

A bachelor’s degree in marketing and a master’s degree in business administration was received by McCarthy at California State University, Bakersfield.

World Wire Stories 

ww newsletter

Subscribe to Email Updates :


About the author

Alex Jones

Alex Jones is a tech-savvy editor at World-Wire, renowned for his expertise in writing detailed technical articles and user-friendly how-to guides. With a background in Information Technology, he excels in demystifying complex tech topics. His work is highly valued for its accuracy and practicality, earning him awards like "Innovator in Tech Journalism" in 2023. Alex's role at World-Wire is pivotal in making technology accessible to a broad audience.

Add Comment

Click here to post a comment

Hide picture