Oliver North Net Worth
Oliver North has an estimated net worth of $5 million. Oliver North, former deputy director of the National Security Council, was implicated in the Iran-Contra affair and forced to resign. He was convicted of three charges, which were overturned in 1990. He earns most of his income from his political career.
Oliver North was born in San Antonio, Texas on October 7, 1943. He received his education at the United States Naval Academy in Annapolis. He led a marine platoon during the Vietnam War and was awarded the Silver Star and the Purple Heart. President Ronald Reagan appointed him deputy director of the National Security Council in 1981. He was later charged and convicted in the Iran-Contra scandal, but by 1990, he had been cleared of all charges. North was elected as the N.R.A.’s new president in 2018.
To calculate the net worth of Oliver North, 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 personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$5 Million|
|Monthly Income:||$100 Thousand|
|Annual Salary:||$2 Million|
|Source of Wealth:||Politician, Author, Military Officer, Consultant, Voice Actor, Presenter|
President of the N.R.A.
In May 2018, North was elected president of the National Rifle Association (N.R.A.), succeeding Pete Brownell.
“Hands down, Oliver North is the absolute best choice to lead our N.R.A. Board, fully engage with our members, and stand and fight unflinchingly for the great freedoms he has defended his entire life,” N.R.A. CEO Wayne LaPierre said.
Kris Brown, co-president of the Brady Campaign to Prevent Gun Violence, was outraged by North’s selection, claiming that “Oliver North’s very name is synonymous with corruption and disgrace.”
Parents & Career in Armed Forces
Oliver North, a former Lieutenant Colonel in the United States Marine Corps, was born on October 7, 1943 in San Antonio, Texas to parents Oliver Clay North, an Army major, and Ann Theresa Clancy. During the Vietnam War, he attended the United States Naval Academy in Annapolis and led a counter-insurgency marine platoon, earning the Silver Star and Purple Heart. In 1981, President Ronald Reagan appointed him as a deputy director of the National Security Council, and he was instrumental in a number of contentious military and security actions.
Iran-Contra Scandal and Aftermath
North was forced to resign in 1986 after being implicated in the Iran-Contra scandal, which involved the supply of arms to Iran in exchange for US hostages and the operation of a secret slush fund to aid the Contra guerrillas in Nicaragua. He received a three-year suspended jail sentence, community service, and a $150,000 fine after being found guilty on three of twelve charges related to the affair.
A Federal judge overturned the three convictions in 1990, and all charges were dropped in 1991. North later ran a political action committee, V-PAC, and hosted radio shows. Under Fire: An American Story, his memoir, was published in 1991. American Heroes: In the Fight Against Radical Islam (2008), American Heroes in Special Operations (2010), Heroes Proved (2012), and American Heroes: On the Homefront (2013) are other titles (2013).
North ran unsuccessfully for a Republican Senate seat in Virginia in 1994. He later became an on-air personality for Fox News, hosting the show War Stories, which aired from 2001 to 2016. North has also co-written several novels, including the 2014 thriller Counterfeit Lies, and worked as an episode consultant for the FX TV show The Americans, among other things.
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