Bill Clinton Net Worth
Bill Clinton is an American politician, who served as the 42nd President of the United States from 1993 to 2001. He was also the Governor of Arkansas from 1979 to 1981 and served again from 1983 to 1992. Known as a member of the Democratic Party, Clinton is known for his views of the “Third Way,” philosophy. The estimated net worth of Bill Clinton is $80 million.
William Jefferson Blythe III also known as William Jefferson Clinton or Bill Clinton, was born on August 19, 1946, in Hope, Arkansas, to William Jefferson Blythe Jr., a traveling salesman, who died in a car accident three months before he was born, and Virginia Dell Cassidy. Even though Bill Clinton’s parents were married in 1943, the marriage between his mother and father was bigamous, because his father was still married to his third wife. After Clinton was born, his mother traveled to New Orleans to study nursing, leaving him with her parents, Eldridge and Edith Cassidy, in Hope. They ran a small grocery store and were known to sell goods to all races of people, even though most of the south was segregated at the time. In 1950, Clinton’s mother returned from New Orleans and married, Roger Clinton Sr., an owner of a car dealership. After marrying, Bill Clinton’s mother moved him and his brother Earl to Hot Springs with her new husband. Clinton took up his stepfather’s surname when he was 15 years old and has been known to state how his mother was regularly abused by him along with his younger brother, Roger Clinton Jr. Bill Clinton attended St. John’s Catholic Elementary School and Hot Springs High School where he was a student leader, reader, and musician. In high school, he was in the chorus and played the tenor saxophone, winning the first chair in the state band’s saxophone section. He also took up an interest in law, while attending high school, after arguing the defense of ancient Roman Senator Catiline, in his Latin class. He has stated that his greatest two inspirations behind him becoming a public figure happened when he visited John F. Kennedy at the White House and when he watched Martin Luther King’s, I Have a Dream, speech on television. After graduating from high school, Clinton attended Georgetown University, in Washington D.C., with the help of scholarships. He received a Bachelor of Science in Foreign Service degree in 1968. During his years in college, he won the election of class president in 1964 and 1965 and from 1964 to 1967, he interned and then was a clerk in the office of Arkansas Senator J. William Fulbright. Clinton was also elected to the Phi Beta Kappa and was a member of the Order of DeMolay, an affiliated youth group with Freemasonry. After he graduated from Georgetown, he received a Rhodes Scholarship to University College, in Oxford England. While attending Oxford, Clinton participated in several Vietnam War protests as well as organized a 1969 Moratorium to End the War in Vietnam event. Even though Clinton received educational draft deferments during the war, he decided to register to draft, to better his chances in the political office. However, because he chose a high number, he was not drafted. It would later be argued that Clinton manipulated the situation to avoid the draft and avoid serving in uniform, by Colonel Eugene Holmes. Bill Clinton started attending Yale Law School after he left Oxford. He earned a Juris Doctor degree in 1973, but he met his future wife, Hillary Rodham in 1971, and postponed his plans to be a coordinator for the George McGovern campaign in the 1972 United States presidential election, so that he could move in with Rodham in California. However, he picked back up his plans to help McGovern in his effort in 1972, after he moved to Texas with HIllary Rodham. He spent a lot of time in Dallas, working with two-time mayor of Dallas Ron Kirk, future governor of Texas Ann Richards, and then unknown television director Steven Spielberg. He married Hillary Rodham in 1975, and the two had their only child Chelsea Clinton on February 27, 1980.
Although was very involved in political movements before becoming a well known politician, he did not start his career until 1976 when he was elected to be the attorney general of Arkansas. He held the office from 1977 to 1979, but he ran for the Governor of Arkansas in 1978. He was the youngest governor who was ever elected to that state. In his first term, he tried to make several changes, that became unpopular, including his attempt to raise the fees on vehicle licenses. He ran for reelection in 1980, but lost to Republican Frank White, but ran again in 1982, stating how he had learned the importance of adaptability and compromise. After this admission during his run for Governor in 1982, he won election, with a 55 percent election vote. With his second time of being Governor, Clinton pushed for reform of schools, healthcare, and welfare. In 1992, he announced that he was entering into the race for president. During his run for presidency, had strong competition, even from other Democrats. He was questioned about his extramarital affairs as well as his avoidance to serve in the military during the Vietnam War, but he was still selected as the Democratic candidate to run for office and he selected Senator Al Gore as his running mate. In 1992, Clinton was elected president, beating out Republican George Bush and Independent candidate Ross Perot. Once he was in office he continued his focus on economic issues and interest rates. Unemployment also began to drop once he entered office. His focus led him to appoint his wife as the head of the task force to explore national health care reform as well. Clinton went on to support the 1993 North American Free Trade Agreement, which is a made a unit of the United States, Canada, and Mexico. After Clinton’s first term in office, scandals began to rise that made everyone in America suspicious of him. The first scandal was the Whitewater scandal, which made many suspicious after he bought some land along the Whitewater River in Arkansas. However, in the 1996 election, Bill Clinton was re-elected to office, beating out Robert Dole. During his second term in office, charges of Clinton’s affair with Monica Lewinsky, came to the forefront. He had denied the affair, until later, and then he admitted to having an inappropriate relationship with Lewinsky. The Senate conducted an impeachment trial against Clinton, but found him innocent on February 12, 1999. After years of investigating,the Whitewater investigation was closed on September 20, 2000, because there was not enough evidence to show that there was any criminal wrongdoing done by the Clintons. The next month, he signed a bill, that gave China permanent normal trade status. This bill was a major achievement for the Americans. In the later year of 2000, Clinton signed into a law a bill, that set a the blood-alcohol level at 0.08 percent. Another bill he signed into law, was the bill that permanently established a separate reserve for heating oil in the Northeast, in which the White House could withdraw oil from reserves in case of an emergency. On November 13, 2000 he made the historic journey to Vietnam to work on relations between Hanoi and Washington D.C. Clinton was the first American president to visit Vietnam, since the Vietnam War.
Awards and Acknowledgements
Besides being the President of the United States, Bill Clinton has been awarded and acknowledged for several awards, that has earned him the reputation of being great in his own way as well as being a respected president. Some of the awards he has earned over the years, include, a Grammy Award for Best Spoken Word Album, a GLAAD Media Award for Advocate for Change, a Grammy Award for Best Spoken Word Album for Children, and a NCAAP Image Award – President’s Award. Some of the other awards that were given to Bill Clinton for his prestigious work, is the J. William Fulbright Prize for International Understanding, a Bambi-Charity, and a Raven Award. President Barack Obama awarded Bill Clinton the Presidential Medal of Freedom in 2013.
Net Worth of Bill Clinton
Outside of being a well known and respected former president, Bill Clinton had many other interests, that made many others in the United States notice his side that was relatable to them. One of his interests has been playing the saxophone. Over the years he has also written several books, which include, Between Hope and History, My Life, and Giving: How Each of Us Can Change the World. The net worth of Bill Clinton is $80 million, and he owes much of his success to his career as a politician as well as the books he has written over the years.
Bill Clinton started out being the voice that many could not be over the years. Although, he has come across scandals, that made many Americans suspicious of him, he has signed bills that has changed the way of life for many Americans. Bill Clinton may not have been everyone’s favorite president, but he some f his practices of the world are still followed today.