George W. Bush

George W. Bush Net Worth 2025: Earnings & Career

George W. Bush, the 43rd President of the United States, has a remarkable career spanning politics, business, and literature. This article provides an overview of his life, career, net worth, and personal details.

Personal Profile About George W. Bush

Age, Biography, and Wiki

George W. Bush was born on July 6, 1946, in New Haven, Connecticut. He is the son of George H.W. Bush, the 41st President of the United States, and Barbara Bush. Bush's early life was marked by his family's political influence and his own academic achievements at Yale University. He served as a fighter pilot in the Texas Air National Guard during the Vietnam War era. Bush's presidency was marked by significant events, including the September 11 attacks and the subsequent War on Terror.

Occupation Motivational Speaker
Date of Birth 6 July 1946
Age 79 Years
Birth Place New Haven, Connecticut, U.S.
Horoscope Cancer
Country U.S

Height, Weight & Measurements

Height 182 cm
Weight 170 lbs
Body Measurements
Eye Color
Hair Color

Dating & Relationship Status

George W. Bush is married to Laura Bush, a former librarian. They have two daughters, Jenna Bush Hager and Barbara Pierce Bush. The couple is known for their strong family ties and philanthropic efforts.

He was the first child of George Herbert Walker Bush and Barbara Pierce. He was raised in Midland and Houston, Texas, with four siblings: Jeb, Neil, Marvin and Dorothy. Another younger sister, Robin, died from leukemia at the age of three in 1953. His paternal grandfather, Prescott Bush, was a U.S. senator from Connecticut. His father was Ronald Reagan's vice president from 1981 to 1989 and the 41st U.S. president from 1989 to 1993. Bush has English and German ancestry, along with more distant Dutch, Welsh, Irish, French, and Scottish roots.

Bush was engaged to Cathryn Lee Wolfman in 1967, but the engagement did not last. Bush and Wolfman remained on good terms after the end of the relationship. While Bush was at a backyard barbecue in 1977, friends introduced him to Laura Welch, a schoolteacher and librarian. After a three-month courtship, she accepted his marriage proposal and they wed on November 5 of that year. The couple settled in Midland, Texas. Bush left his family's Episcopal Church to join his wife's United Methodist Church. On November 25, 1981, Laura Bush gave birth to fraternal twin daughters, Barbara and Jenna. Bush describes being challenged by Billy Graham to consider faith in Jesus "Christ as the risen Lord", how he began to read the Bible daily, "surrendering" to the "Almighty", that "faith is a walk" and that he was "moved by God's love".

Before his marriage, Bush repeatedly abused alcohol. On September 4, 1976, he was pulled over near his family's summer home in Kennebunkport, Maine, for driving under the influence of alcohol. He was arrested for DUI, was fined $150, and received a brief suspension of his Maine driver's license. Bush said that his wife has had a stabilizing effect on his life, and he attributes his decision to give up alcohol in 1986 to her influence. While governor of Texas, Bush said of his wife, "I saw an elegant, beautiful woman who turned out not only to be elegant and beautiful, but very smart and willing to put up with my rough edges, and I must confess has smoothed them off over time." Bush also says that his faith in God was critical in abstaining: "I believe that God helped open my eyes, which were closing because of booze".

In May 1968, Bush was commissioned into the Texas Air National Guard. After two years of training in active-duty service, he was assigned to Houston, flying Convair F-102s with the 147th Reconnaissance Wing out of Ellington Field Joint Reserve Base. Critics, including former Democratic National Committee Chairman Terry McAuliffe, have alleged that Bush was favorably treated due to his father's political standing as a member of the House of Representatives, citing his selection as a pilot despite his low pilot aptitude test scores and his irregular attendance. In June 2005, the Department of Defense released all the records of Bush's Texas Air National Guard service, which remain in its official archives.

Bush and his family moved to Washington, D.C., in 1988 to work on his father's campaign for the U.S. presidency. He was a campaign advisor and liaison to the media, and assisted his father by campaigning across the country. In December 1991, Bush was one of seven people named by his father to run his father's 1992 presidential re-election campaign as a campaign advisor. The previous month, his father had asked him to tell White House chief of staff John H. Sununu to resign.

Parents
Husband Laura Welch (m. November 5, 1977)
Sibling
Children

Net Worth and Salary

George W. Bush's estimated net worth is $50 million. His wealth has been built through various sources, including his business ventures, book deals, and speaking engagements. Before entering the presidency, his net worth was around $20 million, which doubled to about $40 million after his terms due to lucrative post-presidency activities.

His administration increased federal government spending from $1.789 trillion to $2.983 trillion (66 percent), while revenues increased from $2.025 trillion to $2.524 trillion (from 2000 to 2008). Individual income tax revenues increased by 14 percent, corporate tax revenues by 50 percent, and customs and duties by 40 percent. Discretionary defense spending was increased by 107 percent, discretionary domestic spending by 62 percent, Medicare spending by 131 percent, social security by 51 percent, and income security spending by 130 percent. Cyclically adjusted, revenues rose by 35 percent and spending by 65 percent. The increase in spending was more than under any predecessor since Lyndon B. Johnson. The number of economic regulation governmental workers increased by 91,196.

Business

Bush flew warplanes in the Texas Air National Guard in his twenties. After graduating from Harvard Business School in 1975, he worked in the oil industry. He later co-owned the Major League Baseball team Texas Rangers before being elected governor of Texas in 1994. As governor, Bush successfully sponsored legislation for tort reform, increased education funding, set higher standards for schools, and reformed the criminal justice system. He also helped make Texas the leading producer of wind-generated electricity in the United States. In the 2000 presidential election, he won over Democratic incumbent vice president Al Gore, while losing the popular vote after a narrow and contested Electoral College win, which involved a Supreme Court decision to stop a recount in Florida.

In the fall of 1973, Bush entered Harvard Business School. He graduated in 1975 with an MBA degree, and is the only U.S. president to have earned an MBA.

In 1977, Bush established Arbusto Energy, a small oil exploration company, which began operations in 1978. He later changed the name to Bush Exploration. In 1984, his company merged with the larger Spectrum 7, and Bush became chairman. The company was hurt by decreased oil prices, and it folded into Harken Energy Corporation, with Bush becoming a member of Harken's board of directors. Questions of possible insider trading involving Harken arose, but a Securities and Exchange Commission investigation concluded that the information Bush had at the time of his stock sale was not sufficient to constitute insider trading.

In April 1989, Bush arranged for a group of investors to purchase a controlling interest of Major League Baseball's Texas Rangers for $89 million and invested $500,000 himself to start. He then was managing general partner for five years. He actively led the team's projects and regularly attended its games, often choosing to sit in the open stands with fans. Bush's sale of his shares in the Rangers in 1998 brought him over $15 million from his initial $800,000 investment.

Bush used a budget surplus to push through Texas's largest tax cut, $2 billion. He extended government funding for organizations providing education on the dangers of alcohol and drug use and abuse, and helping to reduce domestic violence. His administration lowered the age at which juveniles can be sent to adult court for serious crimes to 14. Bush presided over 152 executions, more than any previous governor in modern American history; critics such as Helen Prejean argue that he failed to give serious consideration to clemency requests. Critics also contended that during his tenure, Texas ranked near the bottom in environmental evaluations. Supporters pointed to his efforts to raise the salaries of teachers and improve educational test scores.

In his 2004 bid for re-election, Bush commanded broad support in the Republican Party and did not encounter a primary challenge. He appointed Ken Mehlman as campaign manager, and Karl Rove devised a political strategy. Bush and the Republican platform emphasized a strong commitment to the wars in Iraq and Afghanistan, support for the USA PATRIOT Act, a renewed shift in policy for constitutional amendments banning abortion and same-sex marriage, reforming Social Security to create private investment accounts, creation of an ownership society, and opposing mandatory carbon emissions controls. Bush also called for the implementation of a guest worker program for immigrants, which was criticized by conservatives.

The Bush campaign advertised across the U.S. against Democratic candidates, including Bush's emerging opponent, Massachusetts senator John Kerry. Kerry and other Democrats attacked Bush on the Iraq War, and accused him of failing to stimulate the economy and job growth. The Bush campaign portrayed Kerry as a staunch liberal who would raise taxes and increase the size of government. The Bush campaign continuously criticized Kerry's seemingly contradictory statements on the war in Iraq, and argued that Kerry lacked the decisiveness and vision necessary for success in the war on terror.

Social Network

While Bush is not typically known for his presence on social media platforms, he and his wife have a strong public presence through their philanthropic efforts and public appearances.

After his second term, Bush returned to Texas, where he has maintained a low public profile. At various points in his presidency, he was among both the most popular and the most unpopular presidents in U.S. history. He received the highest recorded approval ratings in the wake of the September 11 attacks, and one of the lowest ratings during the 2008 financial crisis. Bush initially left office as one of the most unpopular U.S. presidents, but public opinion of him has improved since then. Scholars and historians rank Bush in the lower half of presidents.

Bush had originally outlined an ambitious domestic agenda, but his priorities were significantly altered following the September 11 attacks. Wars were begun in Afghanistan and Iraq, and there were significant domestic debates regarding immigration, healthcare, Social Security, economic policy, and treatment of terrorist detainees. Over an eight-year period, Bush's once-high approval ratings steadily declined, while his disapproval numbers increased significantly. In 2007, the United States entered the longest post-World War II recession.

Education


In his first term, Bush signed a major tax-cut program and an education-reform bill, the No Child Left Behind Act. He pushed for socially conservative efforts such as the Partial-Birth Abortion Ban Act and faith-based initiatives. He also initiated the President's Emergency Plan for AIDS Relief, in 2003, to address the AIDS epidemic. The terrorist attacks on September 11, 2001 decisively reshaped his administration, resulting in the start of the war on terror and the creation of the Department of Homeland Security. Bush ordered the invasion of Afghanistan in an effort to overthrow the Taliban, destroy al-Qaeda, and capture Osama bin Laden. He signed the Patriot Act to authorize surveillance of suspected terrorists. He also ordered the 2003 invasion of Iraq to overthrow Saddam Hussein's regime on the false belief that the regime possessed weapons of mass destruction (WMDs) and had ties with al-Qaeda. Bush later signed the Medicare Modernization Act, which created Medicare Part D. In 2004, Bush was re-elected president in a close race, beating Democratic opponent John Kerry and winning the popular vote.

Bush attended public schools in Midland, Texas, until the family moved to Houston after he had completed seventh grade. He then spent two years at The Kinkaid School, a college-preparatory school in Piney Point Village, Texas.

Bush later attended Phillips Academy, a boarding school in Andover, Massachusetts, where he played baseball and was the head cheerleader during his senior year. He attended Yale University from 1964 to 1968, graduating with a Bachelor of Arts degree in history. During this time, he was a cheerleader and a member of the Delta Kappa Epsilon, serving as the president of the fraternity during his senior year. Bush became a member of the Skull and Bones society as a senior. Bush was a rugby union player and was on Yale's 1st XV. He characterized himself as an average student. His grade point average during his first three years at Yale was 77, and he had a similar average under a nonnumerical rating system in his final year.

In late 1972 and early 1973, he drilled with the 187th Fighter Wing of the Alabama Air National Guard. He had moved to Montgomery, Alabama, to work on the unsuccessful U.S. Senate campaign of Republican Winton M. Blount. In 1972, Bush was suspended from flying for failure to take a scheduled physical exam. He was honorably discharged from the Air Force Reserve on November 21, 1974.

Bush declared his candidacy for the 1994 Texas gubernatorial election at the same time his brother Jeb sought the governorship in Florida. His campaign focused on four themes: welfare reform, tort reform, crime reduction, and education improvement. Bush's campaign advisers were Karen Hughes, Joe Allbaugh, and Karl Rove.

After easily winning the Republican primary, Bush faced popular Democratic incumbent governor Ann Richards. In the course of the campaign, Bush pledged to sign a bill allowing Texans to obtain permits to carry concealed weapons. Richards had vetoed the bill, but Bush signed it into law after he became governor. According to The Atlantic, the race "featured a rumor that she was a lesbian, along with a rare instance of such a tactic's making it into the public record – when a regional chairman of the Bush campaign allowed himself, perhaps inadvertently, to be quoted criticizing Richards for 'appointing avowed homosexual activists' to state jobs". The Atlantic, and others, connected the lesbian rumor to Karl Rove, but Rove denied being involved. Bush won the general election with 53.5 percent of the vote against Richards' 45.9 percent.

Bush portrayed himself as a compassionate conservative, implying he was more centrist than other Republicans. He campaigned on a platform that included bringing integrity and honor back to the White House, increasing the size of the military, cutting taxes, improving education, and aiding minorities. By early 2000, the race had centered on Bush and Arizona senator John McCain.

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