Entertainment - Celebrities - Senator Rick Scott’s net worth – Total assets breakdown

Senator Rick Scott’s net worth – Total assets breakdown

Senator Rick Scott's net worth - Total assets breakdown

Rick Scott (Richard Lynn Scott) was born on 1st December 1952 in Bloomington, Illinois, United States. Rick is an investor, executive officer, business person, and American diplomat serving as the Junior United States Senator from Florida Since 2019. From 2011 to 2019, he was the 45th governor of Florida. He served in the United Nations Navy till 1987. After serving in the United States Navy and becoming a law firm partner, he co-founded Columbia Hospital Corporation which was later merged with another corporation to form Columbia/HCA. It eventually became the nation’s largest private for-profit healthcare company.

Senator Rick Scott
Senator Rick Scott

The company defrauded Medicare, Medicaid and other federal programs during his reign as a chief executive. At last, The Department of Justice paid the company $1.7 billion. It was the largest healthcare fraud settlement in the history of the U.S. In 2010 he ran for governor of Florida. He defeated Bill McCollum in an energetically contested Republican primary election, and then defeated Democratic nominee Alex Sink in the general election. After defeating the former governor Charlie Christ, he was reelected in 2014. He was banned by term limits from running for reelection in 2018 after being banned he decided to run for the United States Senate.

He is from the Republican Party. Scott’s parents divorced when he was a child. Scott never met his biological father, Gordon William Myers, who was described by Scott’s mother, Esther J. Scott as an abusive alcoholic.

Rick Scott & wife
Rick Scott & wife

In 1954, Scott’s mother Esther walked down the aisle with Orba George Scott, who was a truck driver. Orba adopted Rick and took his stepfather’s surname and came to be known as Richard Lynn Scott. He was brought up in North Kansas City, Missouri, and he is the second of five children. His family was financially weak and lower-middle-class. To support his family financially, he worked as a clerk at J.C.Penney, among other jobs.

Senator Rick Scott’s net worth – Total assets breakdown

Rick Scott is a  businessman and an American politician. According to the sources he has an estimated net worth of $220 million.

Rick Scott

Scott’s net worth was estimated at US$219 million in 2010,$84 million in 2012, and $133 million in 2013. On July 1, 2015, Scott’s net worth had grown to $147 million, $149 million on December 31, 2016, and $232 million on December 31, 2017. In August 2018, his net worth had been estimated at $255 million.

Scott’s Investments : Founder of “Blind Trust”

Rick Scott

During their gubernatorial tenure, Scott stated that he created a blind trust for his holdings to avoid the appearance of a conflict of interest. A report by The New York Times in October 2018 reported that the trust in question was blind in name only, and there were many ways in which Scott could know about his precise holdings. One of Scott’s former personal assistants managed Scott’s trust in question. An announcement was made by Scott in February 2019 that he would no longer keep his holdings in a trust.

Rick Scott -Educational Background 

Scott completed his graduation from North Kansas City High School in 1970. He attended community college for one year and enrolled himself in the United States Navy in 1970. Scott served in the Navy for 29 months as a radar technician on the USS Glover(AGDE1).

Rick Scott

Scott attended college on the G.I. Bill and graduated with a degree of bachelor s of science in business administration from the University of Missouri- Kansas. He earned a Juris Doctor degree by working at Southern Methodist University. Scott got licensed by the Texas Bar to practice on 6th November 1978.

Rick Scott -Personal life 

Scott married his high school beloved Frances Annette Holland on April 20, 1972, at the age of 19 years and Frances was 20 years old at the time of her marriage. The couple has two daughters, Jordan and another one is Allison and six grandsons named  Eli, Sebastian, Quinton, Auguste, Louie and Jude and one granddaughter named Zelda Ann. They all live in Naples, Florida, and are founding members of Naples Community Church.

Rick Scott's family
Rick Scott’s family

They are originators of the Naples Community Church which was set up in 2006. They have done innumerable charitable and voluntary works to do welfare for their society. He also worked with World Vision to establish a primary health care system in a poor region of Kenya called Bunyala. An entrepreneur contest at ‘George Washington University is funded by them. They fund scholarships every year to give rise to financially weak pupils so they can also attend SMU Law School to complete their education.  Rick tested positive for COVID-19 and experienced mild symptoms. The announcement was made by him on 20th November 2020.

Rick Scott -Career

Scott came back to Dallas, Texas and began working at Johnson & Swanson. It was the largest law firm in Dallas. He exemplified the health care firms and also industries like communication, Oil and Gas.

In February 2009, Scott established Conservatives for Patients’ Rights, according to him it was aimed to put pressure on Democrats that supported free-market principles of accountability, responsibility, choice and competition in health care and was also intended to put pressure on legislation based on free-market principles. He had given about $5 million for an intended $ 20 million ad campaign by CPR in March 2009.

Rick Scott
Rick Scott

He decided to build his career in politics. He stood against the Democratic nominee Alex Sink in the general election and defeated Sink in a close contest and became the 45th Governor of Florida. He spent nearly $75 million on crusades from his pocket. He put up with the office as governor of Florida on 4 January 2011.

Scott was a partner of George W. Bush as co-owner of the Texas Rangers in the 1990s. Scott founded and managed Naples, Florida-headquartered Novosan, marketer of the Viosan Health Generation food supplements. This was criticized by alternative medicine critic and Quackwatch webmaster Stephen Barrett for promoting it with non-explicit suggestions that they could cure various diseases in violation of federal law.

Rick’s Physical Appearance 

Rick Scott’s height and weight are 183cm and 72kg respectively. He is 70 years old now according to his birth date 1st December 1952.

Awards and accolades

Rick is the recipient of the following awards:

  • Time magazine, America’s 25 Most Influential People in June 1996
  • Financial World magazine, silver award for the CEO of the Year in 1995
  • Columbia University School of Nursing, Second Century Award for Excellence in Health Care in 1995.

 

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About the author

Sushmita D.

An introvert by choice, Miss Delta pours the words left unsaid in real life into her political articles. Her political ideology revolves around "doing what's right, rather than what's easy," -which is exactly what she idolizes about the Conservative agenda. The plain jane look's just camouflage though- she counts pursuit of martial arts as a "hobby" and aspires to join the army.

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