Don Huffines Net Worth 2022 – Salary, Income, Wife

Don Huffines Net Worth

Don Huffines has an estimated net worth of $40 Million. Donald Blaine Huffines is a politician and businessman from the state of Texas in the United States. Huffines Communities, a real estate development company in the Dallas-Fort Worth area, is owned and operated by Huffines. He earns most of his income from his various business endeavors and real estate investments. 

He is a member of the Republican Party and was previously a member of the Texas Senate, where he represented District 16 from 2015 to 2019. He was defeated in his bid for re-election in 2018. 

Huffines remained active in politics and ran unsuccessfully for Texas governor against incumbent Greg Abbott in the 2022 Republican primary.

To calculate the net worth of Don Huffines, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as student loans and credit card debt, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Don Huffines
Net Worth: $40 Million
Monthly Salary: $100 Thousand
Annual Income: $3 Million
Source of Wealth: Politician, Entrepreneur

Learn More: Top 30 Richest People In The World

Early Life

Don Huffines was born in Dallas on April 26, 1958, and is a fifth-generation Texan. James and Ray are his older brothers, and Phillip is his identical twin brother. 

When they were younger, his brothers and he helped out at their grandfather’s car dealership. James Lecil “J.L.” Huffines, Don’s grandfather, founded Huffines Motor Company in Denton, Texas, in 1924. Ray Huffines, Don’s brother, grew the company into a large network of dealerships in the Metroplexes.

Huffines earned a B.B.A. in finance from the University of Texas at Austin.

Huffines has five children and four grandchildren with his wife, Mary Catherine.

Real Estate Business

Don Huffines makes most of his money from his real estate career. Huffines and his brother Phillip founded and co-own Huffines Communities. It is a real estate company in the Dallas/Fort Worth area that was founded in 1985.

The Huffines brothers are preparing to begin construction on a new $500 million housing development. They have already purchased nearly 600 acres of land in Collin County for the project.

Donald and Phillip Huffines are putting together a list of builders for the 1,600-home project six miles east of the North Central Expressway, off Parker Road, and east of Plano.

Learn More: Top 30 Richest People In The World

Texas Senate

Huffines ran for a seat in the Texas Senate in 2014. He ran in the Republican primary against Senator John J. Carona, the incumbent of Senate District 16. Huffines ran to the right of Carona, claiming the latter was not a true conservative, and ultimately defeated him in the primary on March 4, 2014. In the primary, both candidates spent a total of $6.3 million.

Huffines ran unopposed in the November 4 general election. Huffines ran on the issues of teaching creationism in public schools, term limits, school choice, highway funding, opposition to new toll roads, and tax cuts.

Huffines authored a number of bills during his tenure that addressed Republican priorities but did not pass. Bills he introduced included constitutional amendments, term limits, and anti-abortion legislation. 

Huffines consistently voted with his party on conservative legislation, earning him the title of the fourth most conservative member of the Texas Senate in 2017, according to political scientist Mark Jones. Huffines proposed a bill in 2017 that would have required a 30 percent voter turnout for a successful bond election in Texas, but it did not pass. 

At the time, voter turnout was less than 10 percent in most such elections. According to the San Antonio Express-News, a successful bond election in Texas will be nearly impossible if Huffines’ bill becomes law.

Huffines lost to Democrat Nathan M. Johnson in his re-election bid on Nov. 6, 2018, the first Democrat to win Senate District 16 in more than three decades. Huffines was elected with 45.9% of the vote.

Learn More: Top 30 Richest People In The World

Cars

Since Don Huffines is rich, he owns some luxurious cars. Let’s take a look at his car collection.

Don Huffines Car Collection Price (USD)
BMW 3-Series Convertible $59,800
Audi A7 $88,900
Range Rover $135,670

1. BMW 3-Series Convertible ($59,800)

The 3 Series has a new, improved design with the brand’s latest technology and more refined luxury. It features a 255-horsepower turbocharged four-cylinder and a 385-horsepower turbocharged six-cylinder, as well as a new plug-in hybrid model with rear-wheel or all-wheel drive and an eight-speed automatic transmission.

2. Audi A7 ($88,900)

The Audi A7 is between the Audi A6, which is a great luxury car with a sporty feel, and the Audi A8, which is the most luxurious Audi you can buy. The Audi A7 looks and drives well, and its hatchback design makes it much more practical.

3. Range Rover ($135,670)

This SVA is a full-fledged Range Rover, and it is also the most expensive Range Rover produced. Range is mostly used by famous personalities, businessmen, and other wealthy people. Autobiography is all about being well off and living in a very nice place. The SVA is powered by a 4999 cc supercharge eight-cylinder engine that makes 557 HP. The Range Rover also features a long wheelbase that makes the rear seats even more comfortable and gives passengers more legroom.

Houses

Given Don Huffines’s wealth, his house is more expensive than ordinary people’s. He has bought and sold a number of beautiful houses over the years. He paid $1.2 million to buy a 3,000-square-foot, four-bedroom house in the US. The three-story house also has a large living room that opens onto a terrace, a well-appointed kitchen, a spiral staircase in the main entrance, an office, a dining room, and a wine cellar.

Personal Life & Wife

Huffines and his wife Mary Catherine have five children and four grandchildren.

Further Reading

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