What was Bob Dole’s Net Worth, Career, Biography, Facts, Age, Life Story

Bob Dole was an American politician who had a net worth of $40 million at the time of his death. That was a combined net worth with his widow, Elizabeth Dole. Bob Dole died on December 5, 2021 at the age of 98.

Wealth Details

In her 2007 Senate financial disclosure, Elizabeth estimated that she and Bob were worth a minimum of $14 million and a maximum of $49 million. In 1996, during Bob’s Presidential campaign, the Doles estimated their net worth to be $2.3 to $7.7 million. That’s the same as around $4 – $13 million in today’s dollars. At the time Bob was earning a $148,000 salary as a Senator, $10,000 per year in speaking fees and $18,660 in military retirement benefits. Elizabeth on the other hand was earning north of $100,000 per year in speaking fees, earning around $900,000 from speaking fees in a three year period alone between 1991 and 1994. She donated much of her earnings to the Red Cross.

Biography

Born in Russell, Kansas, Bob Dole, also known as Robert Joseph Dole, graduated from the University of Kansas, where he majored in Pre-Law. He then went on to earn his law degree from the University of Arizona. He fought in Italy during World War II, where he was severely injured by German machine gun fire. The hospital where he recovered was later renamed in his honor.

He was elected to the Kansas City House of Representatives in 1950, and then to the United States House of Representatives in 1960. He became Senate Minority Leader in 1987, and then served as Senate Majority Leader from 1995-1996. He was also a United States Senator from Kansas from 1969 to 1996. He was Gerald Ford’s Vice Presidential choice during Mr. Ford’s failed bid for presidency in 1976.

Bob attempted to gain the Republican nomination for President unsuccessfully in both 1980 and 1988. He finally won the nomination in 1996, but lost the presidential race to Bill Clinton.