How Jeb Bush’s net worth was built
Jeb Bush, former Florida governor and once a candidate for president, has been connected to a group hoping to buy the Miami Marlins that includes former New York Yankee Derek Jeter.
If Bush is successful, he will be following in the footsteps of his brother, former President George W. Bush, who was once managing general partner of the Texas Rangers.
Jeb Bush earned a degree in Latin American studies in 1974 and took a job in Venezuela with Texas Commerce Bank. In 1980, after campaigning for the vice presidential bid of his father, George H.W. Bush, the younger Bush went to work for a Miami real estate development firm.
In 1983, Jeb Bush told the Miami New Times, “I want to be very wealthy.” He made a number of investments over the new few years to help reach that goal, including becoming a minority owners of the Jacksonville Jaguars and purchasing a shoe company.
He went on to become governor of Florida in 1998 and again in 2002. As of April 2017, his net worth was $20 million, according to Celebrity Net Worth.
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- Born: 1953
- Birthplace: Midland, Texas
What he’s up to now
On June 15, 2015, Bush announced that he would follow his father and brother and run for president. After failing to build momentum in the first few Republican primaries, the former governor dropped out of the race and eventually endorsed Texas Sen. Ted Cruz.
In January 2017, while teaching a class at Texas A&M University, Bush admitted that his days running for office are likely over. Still, he has not completely dropped out of politics or the spotlight. That same month, Bush penned an op-ed supporting President Donald Trump’s nominee for secretary of education, Betsy DeVos.
Bush became Florida’s first two-term Republican governor after winning elections in 1998 and 2002. During his time in office, he was credited with reforming the state’s education system.
Philanthropy is another area where Bush has earned numerous accolades. Until 2015, he served as co-chair of the Barbara Bush Foundation for Family Literacy . Together with the president of the Miami Urban League, T. Willard Fair, he founded the first charter school in Florida.