Vern Buchanan Net worth, Career, Life and recent endorsement for elections

Businessman turned politician, Vernon Gale Buchanan was born on 8th May 1951. He served as a US Representative for Florida’s 16th congressional district since 2013.

Buchanan is a member of the Republican Party. His first session in Congress was for representing Florida’s 13th District in 2007. He was a businessman for 30 years and then entered politics.

In business, Buchanan was a member of the board of the United States Chamber of Commerce. He led the executive committee of the Greater Sarasota Chamber of Commerce and Florida Chamber of Commerce.

Personal Life of Vern Buchanan

Vern Buchanan lives with his wife, Sandy, and two sons in Longboat Key, Florida. Buchanan met his wife during his college days. In 2018, his son James was also elected to the Florida House of Representatives.

Buchanan was endorsed in his 2006 and 2008 campaigns by the US Chamber of Commerce. He was awarded the Spirit of Enterprise award in 2009 by the Chamber.

Buchanan was also awarded the Legislative Achievement Award by the Veterans of Foreign Wars in 2009 itself. In July 2021, Buchanan was home quarantined after his announcement of he tested positive for COVID 19. He also asked the citizens of America to be careful.

Early Life and Education of Vern Buchanan

Buchanan’s father is a factory foreman. He has five other siblings. After graduating in 1969, Buchanan joined the Michigan Air National Guard. He worked there for about 6 years.

Buchanan completed his Bachelor’s in Business administration from Cleary University. Later, he earned his Master’s in Business administration from Detroit University.

The career of Vern Buchanan

During 2006 and 2007, Buchanan reported amazing income from his different businesses. His automotive empire was one of his major sources of income. He also reported his income from offshore reinsurance companies and a charter-jet business.

Buchanan convinced Jim McDonald, owner of a Michigan printing company to help him grow his business. Later, they both founded American Speedy Printing. This turned out to be a huge franchise with 730 stores in 44 states.

It was reported that the franchisees and master franchisees were not making the money that was expected. Buchanan told that he had no obligation in paying the corporation loan after filing for bankruptcy. He had to pay a total amount of $1.5 million in the end.

Buchanan in 2006, first ran the 13th congressional district in Florida and faced Katherine Harris in the Republican primary. He won the primary in close competition with Nancy C. Detert.

During his campaign for the General Elections, then Vice President, Dick Cheney held a fund-raising Lunch for him. Buchanan spent about $5 million of his money on his campaign. This turned out in his favor and he won the general elections too. This win was attained with a very less margin of votes.  

Buchanan announced to seek reelection in 2008. He defeated Christine Jennings in the election.

Recent endorsement for elections

Vern Buchanan received former US President, Donald Trump’s endorsement through an email statement.

Trump said, “Congressman Vern Buchanan is a terrific representative of the people of Florida. He is working hard to lower our taxes, grow our economy, support military and vets, protect our seniors, and defend our second amendment,” “Vern has my complete and total endorsement!”

In response to this endorsement, Vern Buchanan joyfully said, “I am honored to have the endorsement of President Trump. I look forward to working with him to take back the House so we can put our economy back on track, get people back to work and restore America’s greatness.”

Vern Buchanan’s net worth

Vern Buchanan is one of the wealthiest members of Congress with an estimated net worth of $157.2 million. 

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Also read:

Endorsement of Congressman Vern Buchanan by Trump

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Alex Jones

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