Liz Cheney, a Republican from Wyoming, resigned from her congressional seat on January 3 after becoming a rich woman during her six-year term. She was defeated in the August primary by a 56-year-old Donald Trumper.
As she prepares to leave Congress, Cheney will have no empty pockets. During her six years in office, she has reportedly become very wealthy. According to a report by the right-wing news outlet, her net worth could have gone up to over $44 million by 2020.
According to her financial disclosure form, Cheney had a net worth of about $10,422,023. She did not disclose her income or any transactions.
In her financial disclosure, which was released to the public, she listed various positions that she held. Some of these include being a trustee of the University of Wyoming and a member of a holding company.
Her husband, Philip Perry, is a partner at a law firm in Washington, DC. Since she became a member of Congress in 2017, Perry has maintained up to $5 million worth of equity ownership in the firm.
It's not expected that Cheney and her family will return to Wyoming after she resigned from Congress. Although she served in the state for six years, her absence during the Republican primary this year became a point of controversy. Instead of campaigning in Wyoming, she stayed in Washington, DC, and participated in the Jan 6 Committee.
The committee's involvement made her political fate in the state even worse. According to a survey, almost 90 percent of the public regarded the committee as a witch hunt. The final report of the investigation did not provide any legally binding results, and it did not uncover evidence of wrongdoing.
As the new political cycle begins, she has not stated her future plans. She stated that she's focused on preventing Trump's re-election in 2024. With the January 6 Committee and the vice chair position unavailable, it's not clear how she will perform in her efforts to stop Trump's re-election.
Liz Cheney for President – LOL! pic.twitter.com/MOW4HVFkgt
— Sebastian Gorka DrG (@SebGorka) August 18, 2022
Critics doubt that she can win the support of Republicans and Democrats in the upcoming elections. For six years, Cheney served in Congress, and she reportedly became very wealthy. During this time, her net worth increased from around $7 million to almost $44 million.
While she was in office, she went against her own party and served the interests of her own money. Her excessive wealth will be hard to forget.
The preceding is a summary of an article that originally appeared on Next News Network.
