Ronald Reagan

Ronald Reagan Net Worth 2025: Earnings & Career

Ronald Reagan, the 40th President of the United States, is remembered for his impactful career in politics and entertainment. This article explores his age, biography, career, net worth, and other personal details.

Personal Profile About Ronald Reagan

Age, Biography, and Wiki

Ronald Reagan was born on February 6, 1911, in Tampico, Illinois. He passed away on June 5, 2004, at the age of 93. Reagan was an American actor and politician who served as President from 1981 to 1989. His early life was marked by a family of modest means, with parents Jack and Nelle Reagan. He developed interests in sports and acting during his high school years and attended Eureka College, graduating in 1932.

Occupation Football Players
Date of Birth 6 February 1911
Age 114 Years
Birth Place Tampico, Illinois, U.S.
Horoscope Aquarius
Country U.S
Date of death 5 June, 2004
Died Place Los Angeles, California, U.S.

Height, Weight & Measurements

Details about Ronald Reagan's physical measurements are not typically emphasized in discussions about his net worth or career. However, he was known for his tall stature, often reported to be around 6 feet 1 inch (185.42 cm) tall.

Height 42 cm
Weight
Body Measurements
Eye Color
Hair Color

Dating & Relationship Status

Ronald Reagan married actress Jane Wyman in 1940, and they had two children together. After their divorce in 1948, he married Nancy Davis in 1952, and they remained together until his death. Nancy Reagan was a former actress who became a prominent figure supporting her husband throughout his political career.

Reagan attended Dixon High School, where he developed interests in drama and football. His first job was as a lifeguard at the Rock River in Lowell Park. In 1928, Reagan began attending Eureka College, which Nelle approved because of its affiliation with the Disciples of Christ. He was a mediocre student who participated in sports, drama, and campus politics. He became student body president and joined a student strike that resulted in the college president's resignation. Reagan was initiated as a member of Tau Kappa Epsilon fraternity and served as president of the local chapter. Reagan played at the guard position for the 1930 and 1931 Eureka Red Devils football teams and recalled a time when two Black teammates were refused service at a segregated hotel; he invited them to his parents' home nearby in Dixon and his parents welcomed them. At the time, his parents' stance on racial questions was unusually progressive in Dixon. Reagan himself had grown up with very few Black Americans and was oblivious to racial discrimination.

World War II interrupted the movie stardom that Reagan would never be able to achieve again as Warner Bros. became uncertain about his ability to generate ticket sales. Reagan, who had a limited acting range, was dissatisfied with the roles he received. Lew Wasserman renegotiated his contract with his studio, allowing him to also make films with Universal Pictures, Paramount Pictures, and RKO Pictures as a freelancer. Reagan appeared in multiple western films, something that had been denied to him while working at Warner Bros. In 1952, he ended his relationship with Warner Bros., but went on to appear in a total of 53 films, his last being The Killers (1964).

In 1967, Reagan reacted to the Black Panther Party's strategy of copwatching by signing the Mulford Act to prohibit the public carrying of firearms. The act was California's most restrictive piece of gun control legislation, with critics saying that it was "overreacting to the political activism of organizations such as the Black Panthers". The act marked the beginning of both modern legislation and public attitude studies on gun control. Reagan also signed the 1967 Therapeutic Abortion Act that allowed abortions in the cases of rape and incest when a doctor determined the birth would impair the physical or mental health of the mother. He later expressed regret over signing it, saying that he was unaware of the mental health provision. He believed that doctors were interpreting the provision loosely, resulting in more abortions.

Parents
Husband Jane Wyman (m. January 26, 1940-July 19, 1949) Nancy Davis (m. March 4, 1952)
Sibling
Children

Net Worth and Salary

At the time of his death, Ronald Reagan's net worth was estimated to be around $13 million. During his presidency, he entered office with a net worth of $10.6 million and increased it to $15.4 million by the time he passed away. His income grew significantly due to his successful acting career and post-presidential activities.

The SAG fought with film producers for the right to receive residual payments, and on November 16, 1959, the board elected Reagan SAG president for the second time. Reagan managed to secure payments for actors whose theatrical films had been released between 1948 and 1959 and subsequently televised. The producers were initially required to pay the actors fees, but they ultimately settled instead for providing pensions and paying residuals for films made after 1959. Reagan resigned from the SAG presidency on June 7, 1960, and also left the board.

Career, Business, and Investments

Born in Illinois, Reagan graduated from Eureka College in 1932 and was hired the next year as a sports broadcaster in Iowa. In 1937, he moved to California where he became a well-known film actor. During his acting career, Reagan was president of the Screen Actors Guild twice from 1947 to 1952 and from 1959 to 1960. In the 1950s, he hosted General Electric Theater and worked as a motivational speaker for General Electric. During the 1964 presidential election, Reagan's "A Time for Choosing" speech launched his rise as a leading conservative figure. After being elected governor of California in 1966, he raised state taxes, turned the state budget deficit into a surplus and implemented harsh crackdowns on university protests. Following his loss to Gerald Ford in the 1976 Republican Party presidential primaries, Reagan won the Republican Party's nomination and then a landslide victory over President Jimmy Carter in the 1980 presidential election.

After obtaining a Bachelor of Arts in economics and sociology from Eureka College in 1932, Reagan took a job in Davenport, Iowa, as a sports broadcaster for four football games in the Big Ten Conference. He then worked for WHO radio in Des Moines as a broadcaster for the Chicago Cubs. His specialty was creating play-by-play accounts of games using only basic descriptions that the station received by wire as the games were in progress. Simultaneously, he often expressed his opposition to racism. In 1936, while traveling with the Cubs to their spring training in California, Reagan took a screen test that led to a seven-year contract with Warner Bros.

Reagan began his political career as a Democrat, viewing Franklin D. Roosevelt as "a true hero". He joined the American Veterans Committee and Hollywood Independent Citizens Committee of the Arts, Sciences and Professions (HICCASP), worked with the AFL–CIO to fight right-to-work laws, and continued to speak out against racism when he was in Hollywood. In 1945, Reagan planned to lead an HICCASP anti-nuclear rally, but Warner Bros. prevented him from going. In 1946, he appeared in a radio program called Operation Terror to speak out against rising Ku Klux Klan activity, calling it a "capably organized systematic campaign of fascist violence and intimidation and horror". Reagan supported Harry S. Truman in the 1948 presidential election, and Helen Gahagan Douglas for the U.S. Senate in 1950. It was Reagan's belief that communism was a powerful backstage influence in Hollywood that led him to rally his friends against them.

Social Network

Given the time period in which he lived, Ronald Reagan did not have a significant presence on modern social media platforms.

Reagan left the presidency in 1989 with the American economy having seen a significant reduction of inflation, a fall in the unemployment rate, and the longest peacetime economic expansion in U.S. history at that time. Conversely, despite cuts to domestic discretionary spending, the national debt had nearly tripled since 1981 as a result of his tax cuts and increased military spending. Reagan's foreign policies also contributed to the end of the Cold War. Though he planned an active post-presidency, it was hindered after he was diagnosed with Alzheimer's disease in 1994, and his physical and mental capacities gradually deteriorated, leading to his death in 2004. His tenure constituted a realignment toward conservative policies in the United States, and he is often considered an icon of American conservatism. Historical rankings of U.S. presidents have typically placed Reagan in the middle to upper tier, and his post-presidential approval ratings by the general public are usually high.

When Robert Montgomery resigned as president of the Screen Actors Guild (SAG) on March 10, 1947, Reagan was elected to that position in a special election. Reagan's first tenure saw various labor–management disputes, the Hollywood blacklist, and the Taft–Hartley Act's implementation. Reagan aligned the union with the studios against the Conference of Studio Unions in the aftermath of the Hollywood Black Friday strike. In The Invisible Bridge, Rick Perlstein wrote that Reagan's actions lent legitimacy to the studio's efforts to crush the more radical union by giving liberals in SAG who did not want to strike "a story that turned them into moral innocents instead of scabs". On April 10, the Federal Bureau of Investigation (FBI) interviewed Reagan and he provided the names of actors whom he believed to be communist sympathizers. During a House Un-American Activities Committee hearing, Reagan testified that some guild members were associated with the Communist Party and that he was well-informed about a "jurisdictional strike". When asked if he was aware of communist efforts within the Screen Writers Guild, he called information about the efforts "hearsay". Reagan resigned as SAG president November 10, 1952, but remained on the board.

In the 1964 U.S. presidential election, Reagan gave a speech for presidential contender Barry Goldwater that was eventually referred to as "A Time for Choosing". Reagan argued that the Founding Fathers "knew that governments don't control things. And they knew when a government sets out to do that, it must use force and coercion to achieve its purpose" and that "We've been told increasingly that we must choose between left or right". Even though the speech was not enough to turn around the faltering Goldwater campaign, it increased Reagan's profile among conservatives. David S. Broder and Stephen H. Hess called it "the most successful national political debut since William Jennings Bryan electrified the 1896 Democratic convention with his famous 'Cross of Gold' address".

Education

Reagan attended Eureka College, graduating in 1932 with a degree in economics and sociology. During his time at college, he was active in sports and campus activities.

Reagan's general election opponent, incumbent governor Pat Brown, attempted to label Reagan as an extremist. Reagan portrayed himself as a political outsider, and charged Brown as responsible for the Watts riots and lenient on crime. In numerous speeches, Reagan "hit the Brown administration about high taxes, uncontrolled spending, the radicals at the University of California, Berkeley, and the need for accountability in government". Meanwhile, many in the press perceived Reagan as "monumentally ignorant of state issues", though Lou Cannon said that Reagan benefited from an appearance he and Brown made on Meet the Press in September. Reagan won the governorship with 57 percent of the vote compared to Brown's 42 percent.

Reagan had previously been critical of former governor Brown and university administrators for tolerating student demonstrations in the city of Berkeley, making it a major theme in his campaigning. On February 5, 1969, Reagan declared a state of emergency in response to ongoing protests and violence at the University of California, Berkeley, and sent in the California Highway Patrol. In May 1969, these officers, along with local officers from Berkeley and Alameda county, clashed with protestors over a site known as the People's Park. One student was shot and killed while many police officers and two reporters were injured. Reagan then commanded the state National Guard troops to occupy Berkeley for seventeen days to subdue the protesters, allowing other students to attend class safely. In February 1970, violent protests broke out near the University of California, Santa Barbara, where he once again deployed the National Guard. On April 7, Reagan defended his policies regarding campus protests, saying, "If it takes a bloodbath, let's get it over with. No more appeasement".

Reagan declined to run for the governorship in 1974 and it was won by Pat Brown's son, Jerry. Reagan's governorship, as professor Gary K. Clabaugh writes, saw public schools deteriorate due to his opposition to addi

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