With income from his career as a politician and businessman, Don Huffines has amassed a net worth of $10 Million as of 2022.
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. Huffines was a conservative Tea Party Republican who served in the Texas Senate from 2015 to 2019. In 2018, he was defeated in his bid for re-election.
Huffines remained active in politics and ran unsuccessfully for Texas governor against incumbent Greg Abbott in the 2022 Republican primary.
Today we’re going to discuss how much money Don Huffines has and how he builds his net worth.
At the end of this article, we will also tell you how to get rich like Don Huffines. So be sure to read to the end.
Don Huffines Net Worth 2022
Don Huffines has an estimated net worth of $10 Million in 2022. His main income source is form his career as a politician and businessman. Huffines Communities, a real estate development company in the Dallas/Fort Worth area, is his company. He earns more than $1 Million a year.
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.
Huffines remained politically active after leaving office.
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:
|Net Worth:||$10 Million|
|Annual Income:||$1 Million+|
|Source of Wealth:||Politician, Entrepreneur|
Don Huffines Net Worth Last 5 Years
|Net Worth 2022:||$10 Million|
|Net Worth 2021:||$9.3 Million|
|Net Worth 2020:||$8.7 Million|
|Net Worth 2019:||$8.2 Million|
|Net Worth 2018:||$7.7 Million|
How Much Money Does Don Huffines Make From Real Estate Business?
Don Huffines makes the most money from his real estate career. Huffines and his brother Phillip founded and jointly 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.
How Much Money Does Don Huffines Make From Texas Senate?
Don Huffines also makes a lot of money from his political career. 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.
Early Life, Education and Family
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.
How Much Are Don Huffines’s Cars Worth?
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|
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.
What Houses Does Don Huffines Own?
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.
How Much Does Don Huffines Make A Year?
According to some reports, Don Huffines’s annual income is over $1 Million.
Don Huffines Height
Don Huffines is 1.8 m tall.
Don Huffines Age
Don Huffines was born on April 26, 1958, in Commerce, Texas, U.S. He is 64 years old as of 2022.
Who is the wife of Don Huffines?
His wife is Mary Myers.
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How To Become Rich Like Don Huffines?
Don Huffines did not become rich by luck. To become as rich as Don Huffines, you have to work smart.
Successful people become rich because they take advantage of the opportunities that come their way. They are in the right place at the right time and take the right action.
Thanks to the Internet, the world has changed massively in recent years. Nowadays it has become much easier to make money online.
Instead of looking for a 9-5 job and staying in your comfort zone, it’s better if you become your own boss as soon as possible.
You can learn how to build a digital asset that generates cash flow for you while you sleep to grow your wealth quickly.
If you seize this golden opportunity in time, you can become as successful as Don Huffines one day.