Terry McAuliffe's Remarkable Net Worth: Discover The Wealth Of A Renowned Politician

Hans Kuhic 02 Jul 2025

What is Terry McAuliffe's net worth?

Terry McAuliffe, an American politician who served as the 72nd Governor of Virginia from 2014 to 2018, has an estimated net worth of $40 million, as of 2023.

McAuliffe's wealth stems from his successful career in business and politics. Prior to entering politics, he co-founded several companies, including GreenTech Automotive and Voxel. He also served as the chairman of the Democratic National Committee from 2001 to 2005.

McAuliffe's political career began in 2013 when he was elected Governor of Virginia. He served one term in office, during which time he focused on economic development and education reform. After leaving office in 2018, McAuliffe returned to the private sector and currently serves as a senior advisor at the law firm McGuireWoods LLP.

Name	Net Worth	Source of Wealth
Terry McAuliffe	$40 million	Business and politics

Terry McAuliffe Net Worth

Terry McAuliffe, an American politician and businessman, has an estimated net worth of $40 million. His wealth stems from his successful career in business and politics.

Business ventures
Political career
Investments
Real estate
Philanthropy
Assets
Income
Taxes

McAuliffe's business ventures include co-founding GreenTech Automotive and Voxel. He also served as the chairman of the Democratic National Committee from 2001 to 2005. McAuliffe's political career began in 2013 when he was elected Governor of Virginia. He served one term in office, during which time he focused on economic development and education reform. After leaving office in 2018, McAuliffe returned to the private sector and currently serves as a senior advisor at the law firm McGuireWoods LLP.

McAuliffe's net worth is a reflection of his success in business and politics. He is a wealthy individual who has made significant contributions to his community and the state of Virginia.

1. Business ventures

Terry McAuliffe's business ventures have been a major contributing factor to his net worth of $40 million. He has co-founded several successful companies, including GreenTech Automotive and Voxel. These ventures have generated significant revenue and equity for McAuliffe, solidifying his financial standing.

GreenTech Automotive
Co-founded by McAuliffe in 2009, GreenTech Automotive was an electric vehicle manufacturer. The company received substantial government funding and partnered with Chinese automaker Geely. McAuliffe's involvement in GreenTech Automotive helped establish his reputation in the clean energy sector and contributed to his overall net worth.
Voxel
McAuliffe co-founded Voxel in 2013. The company provides cloud-based data storage and management solutions. Voxel has experienced rapid growth and has become a leader in its industry. McAuliffe's stake in Voxel has significantly increased his net worth.
Other ventures
In addition to GreenTech Automotive and Voxel, McAuliffe has been involved in numerous other business ventures. These include investments in real estate, technology startups, and renewable energy projects. McAuliffe's diverse portfolio of investments has contributed to his overall financial success.

McAuliffe's business ventures have played a pivotal role in his accumulation of wealth. His ability to identify and invest in successful companies has been a key driver of his net worth. As he continues to pursue new business opportunities, McAuliffe's net worth is likely to continue to grow.

2. Political career

Terry McAuliffe's political career has significantly contributed to his net worth of $40 million. His involvement in politics has provided him with opportunities to shape policies, secure government contracts, and build relationships with influential individuals and organizations.

Elected offices
McAuliffe has held several elected offices, including Governor of Virginia, Chairman of the Democratic National Committee, and State Senator. These positions have provided him with a platform to advocate for policies that benefit his business interests and increase his net worth.
Government contracts
McAuliffe's political connections have helped him secure government contracts for his businesses. For example, GreenTech Automotive received a $50 million grant from the Department of Energy during McAuliffe's tenure as Governor. These contracts have significantly boosted McAuliffe's revenue and contributed to his overall net worth.
Relationships with influential individuals and organizations
McAuliffe's political career has allowed him to build relationships with influential individuals and organizations. These relationships have provided him with access to investment opportunities, fundraising support, and other benefits that have increased his net worth.
Policy advocacy
McAuliffe has used his political platform to advocate for policies that benefit his business interests. For example, he has supported tax breaks for renewable energy companies, which has benefited GreenTech Automotive. This policy advocacy has indirectly contributed to McAuliffe's net worth.

Overall, McAuliffe's political career has been a major factor in his accumulation of wealth. His ability to leverage his political connections and influence policies has significantly increased his net worth.

3. Investments

Investments have played a significant role in Terry McAuliffe's accumulation of wealth and his overall net worth of $40 million. McAuliffe has made strategic investments in various asset classes, including stocks, bonds, real estate, and private equity.

One of McAuliffe's most notable investments was his involvement in GreenTech Automotive, an electric vehicle manufacturer. McAuliffe co-founded the company in 2009 and invested heavily in its development. GreenTech Automotive received substantial government funding and partnered with Chinese automaker Geely. McAuliffe's investment in GreenTech Automotive has generated significant returns, contributing to his overall net worth.

In addition to GreenTech Automotive, McAuliffe has also invested in other businesses, including Voxel, a cloud-based data storage and management company. McAuliffe's investment portfolio is diversified across various industries, which has helped mitigate risk and increase his overall net worth.

McAuliffe's investment strategy has been focused on long-term growth and value appreciation. He has a history of identifying undervalued assets and investing in them for the long term. This approach has allowed him to generate substantial returns and build his net worth over time.

Overall, investments have been a key component of Terry McAuliffe's net worth. His ability to make strategic investments and generate strong returns has significantly contributed to his overall financial success.

4. Real estate

Real estate has been a significant contributor to Terry McAuliffe's net worth of $40 million. McAuliffe has invested in various real estate properties, including residential, commercial, and land. These investments have provided him with a steady stream of income and have also appreciated in value over time.

Residential properties
McAuliffe owns several residential properties in Virginia and other states. These properties include single-family homes, apartments, and townhouses. McAuliffe rents out these properties, generating a steady stream of rental income. He has also sold some of his residential properties for a profit.
Commercial properties
McAuliffe has also invested in commercial properties, such as office buildings and retail centers. These properties generate rental income from tenants and can also appreciate in value over time. McAuliffe has a stake in several commercial properties in Northern Virginia, which is a major business hub.
Land
McAuliffe owns several parcels of land, both in Virginia and other states. He has purchased land for development, as well as for investment purposes. The value of land has increased significantly in recent years, contributing to McAuliffe's overall net worth.

McAuliffe's real estate investments have been a key component of his financial success. He has a diversified portfolio of properties that generate income and have appreciated in value. McAuliffe's real estate holdings are a significant part of his overall net worth.

5. Philanthropy

Terry McAuliffe is a prominent American politician and businessman with an estimated net worth of $40 million. Throughout his career, he has demonstrated a strong commitment to philanthropy, generously donating to various charitable causes and organizations.

One notable aspect of McAuliffe's philanthropy is his support for education. He has donated millions of dollars to educational institutions and programs, believing that access to quality education is crucial for individual and societal progress. McAuliffe's contributions have helped fund scholarships, support teachers, and enhance educational opportunities for students from diverse backgrounds.

Another area where McAuliffe has made significant philanthropic contributions is healthcare. He has supported organizations dedicated to providing medical care to underserved communities, funding research into life-threatening diseases, and advocating for policies that improve public health. McAuliffe's philanthropic efforts in healthcare have made a tangible difference in the lives of countless individuals and families.

Furthermore, McAuliffe has been actively involved in promoting economic development and job creation. He has donated to organizations that provide job training, support small businesses, and foster economic growth in disadvantaged communities. McAuliffe believes that a strong economy is essential for creating opportunities and improving the well-being of all citizens.

In addition to these specific causes, McAuliffe has also made substantial contributions to disaster relief efforts, environmental protection, and the arts. His philanthropic endeavors reflect his belief in giving back to society and making a positive impact on the world.

Overall, the connection between philanthropy and Terry McAuliffe's net worth highlights the importance of using wealth to support causes that benefit the greater good. McAuliffe's commitment to giving back has not only enhanced his reputation but has also made a meaningful difference in the lives of many individuals and communities.

6. Assets

Assets play a crucial role in understanding Terry McAuliffe's net worth, which stands at an estimated $40 million. Assets refer to valuable possessions that contribute to an individual's overall financial standing and wealth. In the case of McAuliffe, his assets encompass a diverse range of investments and properties that have significantly contributed to his net worth.

Real Estate:
McAuliffe owns a substantial portfolio of real estate holdings, including residential properties, commercial buildings, and land. These properties generate rental income and have appreciated in value over time, contributing to his overall wealth.
Investments:
McAuliffe has made strategic investments in stocks, bonds, and private equity. His investment portfolio is diversified across various asset classes, which helps mitigate risk and enhance returns. These investments have been a significant driver of his net worth growth.
Business Interests:
McAuliffe has founded and co-founded several successful businesses, including GreenTech Automotive and Voxel. These businesses have generated significant revenue and equity for him, further boosting his net worth.
Cash and Equivalents:
McAuliffe holds a substantial amount of cash and cash equivalents, which provide liquidity and flexibility in managing his financial affairs. These liquid assets can be used for various purposes, such as investments, debt repayment, or emergencies.

In summary, Terry McAuliffe's net worth is largely attributed to his diverse portfolio of assets, which includes real estate, investments, business interests, and cash equivalents. These assets have been carefully acquired and managed over time, reflecting McAuliffe's financial acumen and his ability to generate wealth through various channels.

7. Income

Income is a crucial component of Terry McAuliffe's net worth, estimated at $40 million. It represents the flow of earnings from various sources that contribute to his overall financial standing. Understanding the relationship between income and McAuliffe's net worth is essential in assessing his wealth accumulation and financial success.

McAuliffe's income streams include:

Business ventures: McAuliffe has co-founded and been involved in several successful businesses, such as GreenTech Automotive and Voxel. These ventures have generated significant revenue for him through profits, dividends, and stock appreciation.
Political career: As a former Governor of Virginia and Chairman of the Democratic National Committee, McAuliffe has earned salaries and benefits from these positions. Additionally, his political connections may have opened doors to other income-generating opportunities.
Investments: McAuliffe has made strategic investments in stocks, bonds, and real estate. These investments have the potential to generate passive income through dividends, interest, and capital appreciation, contributing to his overall net worth.
Speaking engagements and book deals: McAuliffe's prominence as a politician and businessman has led to opportunities for paid speaking engagements and book deals. These engagements provide additional income streams.

The combination of these income sources has significantly contributed to McAuliffe's net worth. His ability to generate and maintain a steady flow of income has enabled him to accumulate wealth and enjoy a high standard of living.

8. Taxes

Taxes play a significant role in understanding Terry McAuliffe's net worth, estimated at $40 million. His tax obligations and strategies impact his overall financial standing and wealth accumulation.

Taxable Income: McAuliffe's taxable income includes earnings from business ventures, investments, and other sources. The amount of tax he owes is determined based on the applicable tax rates and deductions.
Federal Income Tax: McAuliffe, like all US citizens, is subject to federal income tax on his taxable income. The tax rates vary depending on income brackets, and McAuliffe falls into the highest tax bracket, resulting in a significant portion of his income being allocated towards federal taxes.
State Income Tax: As a resident of Virginia, McAuliffe is also liable for state income tax. Virginia has a graduated income tax system, and McAuliffe's high income places him in the highest tax bracket, further increasing his tax burden.
Property Taxes: McAuliffe owns multiple properties, both residential and commercial. These properties are subject to property taxes, which are levied by local governments and used to fund public services. The value of McAuliffe's properties and the applicable tax rates determine the amount of property taxes he owes.

McAuliffe's tax obligations reduce his disposable income and impact his net worth. However, it is important to note that taxes also contribute to the functioning of government and the provision of essential public services. McAuliffe's tax payments support infrastructure, education, healthcare, and other societal needs.

FAQs about Terry McAuliffe's Net Worth

Terry McAuliffe, the former Governor of Virginia and a prominent businessman, has an estimated net worth of $40 million. Many people have questions about his wealth and how he accumulated it. This FAQ section aims to address some of the most common inquiries about Terry McAuliffe's net worth.

Question 1: How did Terry McAuliffe make his money?

Terry McAuliffe has made his fortune through a combination of business ventures, political career, and investments. He co-founded several successful companies, including GreenTech Automotive and Voxel. He also served as the Chairman of the Democratic National Committee and the Governor of Virginia. Additionally, McAuliffe has made strategic investments in stocks, bonds, and real estate, which have contributed to his overall net worth.

Question 2: What is the source of Terry McAuliffe's wealth?

The primary sources of Terry McAuliffe's wealth are:

Business ventures
Political career
Investments
Real estate

Question 3: How much is Terry McAuliffe worth?

Terry McAuliffe's net worth is estimated to be $40 million, as of 2023.

Question 4: Is Terry McAuliffe a millionaire?

Yes, Terry McAuliffe is a millionaire. His net worth of $40 million places him in the category of high-net-worth individuals.

Question 5: How does Terry McAuliffe spend his money?

Terry McAuliffe's spending habits are not publicly disclosed. However, it is likely that he uses his wealth to maintain a comfortable lifestyle, support his family, and make charitable contributions.

Summary: Terry McAuliffe has accumulated his wealth through a combination of business ventures, political career, and investments. His estimated net worth of $40 million makes him a high-net-worth individual.

Transition: To learn more about Terry McAuliffe's business ventures and political career, please refer to the following sections.

Conclusion

Terry McAuliffe's net worth of $40 million is a testament to his success in business and politics. He co-founded several successful companies, served as the Governor of Virginia, and has made strategic investments. McAuliffe's wealth has enabled him to support his family, make charitable contributions, and live a comfortable lifestyle.

McAuliffe's journey to wealth is a reminder that success can be achieved through hard work, determination, and a commitment to making a positive impact on the world. His story is an inspiration to aspiring entrepreneurs, politicians, and anyone who seeks to build a life of purpose and prosperity.

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