Mark Warner Net Worth – How Much Is He Worth?

This article covers detailed information on Mark Warner net worth, salary, earnings, short biography, career, and more.

So without further delay, let’s begin –

Mark Warner Net Worth

According to a recent estimate, Mark Warner net worth in 2023 is $215 Million. He is known as the second-richest member of Congress.

Mark Warner Salary and Earnings

Mark Warner earns an annual salary of above $25 million. His monthly income is around $2.5 million. He earns most of his wealth from his prosperous political and business career. He founded Columbia Capital and was one of the company’s main stockholders the previous year. This corporation had a net profit of about 180 million dollars and a turnover of about 2.2 billion dollars.

Mark Warner Biography and Career

Warner was born on December 15, 1954, in Indiana. He was brought up in Illinois and later moved to Connecticut.

After receiving his JD in 1980, he never began practicing law. He decided to run a business, and in the early 1980s, he made unsuccessful attempts to create two enterprises. After his business ideas failed, he started working as a general contractor for cellular companies.

He also worked as a fundraiser for the Democratic Party located in Atlanta from 1980 to 1982.

Warner was the founder and managing director of the venture capital firm Columbia Capital, which has backed numerous technology businesses, and was also a founding partner of Capital Cellular.

Warner was involved with several public projects in the 80s and 90s that had to do with telecommunications, education, healthcare, and transportation, in addition to his corporate operations. In 1989, he ran the successful gubernatorial campaign for Douglas Wilder, and from 1993 to 1995, he headed the Democratic Party of Virginia.

He also served as a member of the Virginia Commonwealth Transportation Board. He first attempted to become a senator in 1996, but incumbent Republican John Warner finally defeated him.

Warner ran for governor of Virginia in 2001 and won the election the following year. He led a national push to reform high schools and fought to change the tax system while serving as governor of Virginia from 2003 to 2006. He also regulated the state’s largest investment in K–12 education.

In late 2006, Warner declared his intention to run for John Warner’s open Senate seat. He defeated fellow former Virginia governor Jim Gilmore in the 2008 election for the Senate seat with 65% of the vote.

Warner was assigned to the Banking, Budget, and Commerce Committees upon his appointment to the Senate in 2009. He was afterward made a member of the Senate Intelligence Committee.

Warner was elected as Virginia’s senior senator in 2013. He backs same-sex marriage, the Affordable Care Act, and women’s right to make decisions. He is seen as a “radical” centrist.

Since 2009, Warner has been the senior United States senator representing Virginia. He presided over Virginia as its 69th governor from 2002 until 2006. He serves as the Senate Intelligence Committee’s chairman and the Senate Democratic Caucus’ deputy chair.

In 2014, Warner narrowly defeated Ed Gillespie for re-election and defeated Daniel Gade for a second term in 2020.

Over the years, Warner has received numerous honorary doctorates. His honorary doctorates come from Virginia State University, George Mason University, and the College of William & Mary. In addition, Warner has received honorary doctorates from his alma mater, George Washington University, and Wake Forest University in North Carolina.

Mark Warner Education

Warner has completed his secondary education at Rockville High School in Vernon, Connecticut. He obtained a Bachelor of Arts in political science from George Washington University (GWU) in 1977. He became the first member of his family to complete college.

During his second year of college, Warner worked as the youth organizer for Ella Grasso’s successful run for governor of Connecticut. Later, he earned a Juris Doctorate from Harvard Law School in 1980. In his Law School, he also led the school’s first intramural women’s basketball team.

Mark Warner Business

Warner started his business in the early 1980s. He failed in his attempt twice.

He worked as a general contractor for cellular companies. In the initial stage of his business, he faced multiple losses, but then he regained his competitive spirit and became a successful businessman.

Warner co-founded Capital Cellular Corporation and built an estimated over $200 million net worth. He also formed the company Columbia Capital. The success of Columbia Capital added value to Mark Warner net worth. He served as the honorary chairman of Onward Together PAC.

FAQs

What is Mark Warner net worth?

Recent estimates show Mark Warner net worth is $215 million.

What is Mark Warner’s age?

Mark Warner was born in December 1954 and is 68 years old.

What is Mark Warner’s height?

The height of Mark Warner is 1.85 m, or 6 ft 1 in.

What is Mark Warner’s yearly salary?

Mark Warner earns above $25 million yearly.

What is the name of Mark Warner’s spouse?

Lisa Collis is Mark Warner’s wife (m. 1989).