Ann Richards Net Worth at Death – Salary, Income, Earnings

Ann Richards Net Worth

Ann Richards had an estimated net worth of $4 million at death. Feisty politician Ann Richards came to national attention as a keynote speaker in the 1988 Democratic National Convention and later as governor of Texas. She earned most of her income from her political career. 

Ann Richards, a Democrat from Texas, began working for political campaigns in 1950. In 1976, she was elected county commissioner, and in 1982, she was elected state treasurer. She made headlines in 1988 when she claimed that Republican nominee George H.W. Bush was “born with a silver foot in his mouth.” Although she only served one term as governor of Texas, losing the 1994 election to George W. Bush, she was known for her plans to build a “new Texas.” In 2006, she died as a result of esophageal cancer complications.

To calculate the net worth of Ann Richards, subtract all her liabilities from her total assets. Investments, savings, cash deposits, and any equity she has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of her net worth:

Name: Ann Richards
Net Worth: $4 Million
Monthly Salary: $20 Thousand
Annual Income: $300 Thousand
Source of Wealth: Politician

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Early Life

Ann Richards was born Dorothy Ann Willis in Lacy-Lakeview, Texas, on September 1, 1933. Richards, known for her sharp wit, strong personality, and liberal political views, fought for women’s and minority rights and worked to increase the number of women and minorities in positions of power. In high school, she demonstrated political promise by excelling in debates. Her outstanding debating abilities earned her a college scholarship, and she graduated from Baylor University in 1954. In 1955, she earned a teaching certificate from the University of Texas at Austin.

Entry into Politics

Richards began his political career as a volunteer for several Democratic gubernatorial campaigns in 1950. She later ran a successful campaign in 1972 to elect Sarah Weddington, the lawyer who argued the winning side in Roe v. Wade before the United States Supreme Court, to the Texas legislature. Richards ran for public office for the first time four years later. She was elected Travis County Commissioner. She then moved from local to state government when she was elected state treasurer in 1982. In 1986, she was re-elected to the position.

Richards’ political profile continued to rise. She received national attention when she delivered the keynote address at the 1988 National Democratic Convention. During her speech, she made a dig at then-Vice President George H.W. Bush, saying “George is powerless to stop himself. His mouth was born with a silver foot.” The remark was widely repeated in the event’s press coverage.

Governor of Texas

Richards ran for governor in 1990, promising to increase the role of minorities and women in state government as part of her “new Texas” plan. She followed through on her promise after being elected by adding African Americans and women to the Texas Rangers, a law enforcement agency. She also established the state lottery and made improvements to the prison system.

In 1992, while still governor, Richards was appointed chairwoman of the Democratic National Convention. Bill Clinton was chosen by the convention to run for President of the United States. Richards soon found herself in the midst of her own election campaign.

George W. Bush, the son of the man she famously insulted, ran against her for governor in 1994. Richards admitted once that she had underestimated her opponent, dismissing him as “some jerk” at one point. She was defeated in her re-election bid and left office in 1995.

Richards lent her voice and expertise to numerous liberal causes after leaving office. She advised and counseled other Democratic politicians. Richards also served as a consultant and adviser. She was recently involved in the establishment of the Ann Richards School for Young Women Leaders in Austin. The school will open in 2007 and will use techniques specifically tailored for female students, with an emphasis on leadership skills.

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Personal Life

Richards died from complications of esophageal cancer on September 13, 2006, in Austin, Texas, after battling the disease for six months. Her four children from her marriage to David Richards, as well as eight grandchildren, survive her.

Former President Bill Clinton escorted her casket to the Capitol shortly after her death, where thousands gathered to pay their respects to one of Texas’ greatest politicians. Others spoke at her funeral and public memorial service, including actress Lily Tomlin and newspaper columnist Liz Smith.

Further Reading

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