Susan Rice Net Worth 2023 – How Did She Get Rich?

Susan Rice Net Worth

Susan Rice has an estimated net worth of $40 million. Susan Rice served on President Barack Obama’s Cabinet as the U.S. ambassador to the United Nations and as a national security adviser. She earns the majority of her income from her political career.

Susan Rice, United Nations Ambassador and foreign policy adviser, studied international affairs at Stanford University and the University of Oxford in Oxfordshire. She served on President Bill Clinton’s National Security Council and oversaw African affairs before joining the Brookings Institution. Rice joined President Barack Obama’s Cabinet in 2009, after receiving Senate confirmation to be the United Nations ambassador. She later served as national security adviser during President Barack Obama’s second term.

To calculate the net worth of Susan Rice, 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 student loans and credit card debt, are included in total liabilities.

Here’s the breakdown of her net worth:

Name: Susan Rice
Net Worth: $40 Million
Monthly Salary: $50,000+
Annual Income: $1 Million+
Source of Wealth: Politician, Government Officer

Early Life

Susan Elizabeth Rice was born on November 17, 1964, in Washington, D.C., to parents Lois Dickson Fitt and Emmett J. Rice. Rice’s family is well-known among the Washington elite; her father is a Cornell University economics professor and former Federal Reserve System governor, and her mother is an education policy researcher and Brookings Institution guest scholar.

Rice’s family frequently discussed politics and foreign policy at the dinner table when she was growing up. Her mother’s job also brought in notable visitors, such as Madeleine Albright, with whom Rice’s mother served on a local school board. Albright would later play an important role in Rice’s personal and professional life.

Rice went to the National Cathedral School, a preparatory school in Washington, D.C. She excelled academically, becoming class valedictorian, and demonstrated political acumen as president of the student council. She also enjoyed sports, participating in three different sports and eventually becoming a star point guard on the basketball team.

Rice went on to attend Stanford University in Palo Alto, California, after graduating. She pushed herself to succeed in college. She not only received Departmental Honors and University Distinction, but she was also a Harry S. Truman scholar, a Phi Beta Kappa member, and a Rhodes Scholar. She raised eyebrows among top administrators when she established a fund that withheld alumni donations until the university either stopped investing in South African companies or the country ended apartheid.

Interest in Diplomacy

Rice went on to the University of Oxford in Oxfordshire, England, after receiving her bachelor’s degree in history in 1986. She received her M.Phil and D.Phil in international relations and wrote a dissertation about Rhodesia’s transition away from white rule. Her paper received the Walter Frewen Lord Prize from the Royal Commonwealth Society for outstanding research in the field of Commonwealth History, as well as the Chatham House-British International Studies Association Prize for the most distinguished doctoral dissertation in the field of International Relations in the United Kingdom.

She graduated from high school in 1990 and began working as an international management consultant for McKinsey & Company in Toronto, Ontario. On September 12, 1992, she married Ian Cameron, a television producer for the Canadian Broadcasting Corporation in Toronto. The couple lived in Canada until 1993, when Rice accepted a position with President Bill Clinton’s National Security Council in Washington, D.C.

Rice began her career as the NSC’s director of international organizations and peacekeeping, where she had her “most searing experience” when she visited Rwanda during what was later declared a genocide. “I witnessed hundreds, if not thousands, of decomposing bodies outside and inside a church,” she said. “It was the most horrifying thing I’d ever witnessed. It irritates you. It gives you determination. It makes you realize that even if you’re the last lone voice and you’re certain you’re correct, it’s worth every ounce of energy you can put into it.” In 1995, she transferred her peacekeeping experience to a new position as a special assistant to the president and senior director for African affairs.

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Government Appointments

When her friend and mentor, Albright, recommended Rice for the position of assistant secretary for African affairs in 1997, she quickly advanced ahead of her peers and veteran officials. She was appointed as one of the youngest assistant secretaries of state in history. Many senior politicians opposed putting a young woman in the position, claiming she would be unable to deal with older, male leaders. Rice, on the other hand, earned a reputation for her forthright opinions and ability to persuade others to her point of view. “They are forced to deal with me on a professional level. I am here to represent the United States of America “she claims “They might do a double take, but then they have to listen to what you say, how you say it, and what you do about it.”

She became well acquainted with the actions of the extremist group Al Qaeda during her tenure in this post; she was the top diplomat for African issues during the 1998 terrorist bombings of embassies in Tanzania and Kenya.

Her involvement and rise in politics paralleled that of Condoleezza Rice, President George W. Bush’s secretary of state. Both are female, African-American foreign policy experts with ties to Stanford University. The two, however, are unrelated. The mix-up has occurred so frequently that Democrats have a saying about it: “They’ve got their Rice, and we’ve got ours.”

Brookings Fellow and U.N. Ambassador

Rice left the government in 2002 to become a senior fellow in foreign policy at the Brookings Institute, a Washington, D.C.-based nonprofit public policy organization. Its mission is to conduct independent research and make recommendations to the government based on the results of that research. Rice specialized in research on US foreign policy, weak and failing states, global poverty, and transnational security threats as a fellow.

Rice left Brookings in 2008 to become Barack Obama’s senior foreign policy adviser during his presidential campaign. Rice was nominated to be the United States’ UN ambassador after Obama’s election victory in November 2008. She was confirmed by the United States Senate on January 22, 2009, making her the first African American woman to serve as the United States’ ambassador to the United Nations.

Rice, who frequently took an interventionist stance, was successful in obtaining UN approval for sanctions against Iran and North Korea, as well as military action in Libya.

She did, however, face criticism after the September 2012 attack on two American facilities in Benghazi, Libya; Rice initially claimed the attack was the result of a protest against an offensive internet video, but it was later revealed to be the work of an extremist group.

National Security Adviser

President Obama appointed Rice as national security adviser in June 2013, succeeding former adviser Tom Donilon. “I’m deeply honored and humbled to serve our country as your national security adviser,” Rice said at an announcement event in Washington, D.C., according to NBC News.

Soon after the announcement, President Obama issued a statement expressing his excitement to work with the new adviser: “I am absolutely thrilled that she will be back at my side leading my national security team in my second term,” he said.

Rice oversaw the coordination of intelligence and military efforts in the Middle East during a period marked by an ongoing battle with ISIS, the continuation of a civil war in Syria, increased aggression from Russia through its annexation of Crimea and involvement in Syria, and the emergence of China as a superpower. She was said to wield significant power within the administration, and she shared the president’s position on delaying large-scale troop deployments to the Middle East in order to focus on issues such as containing a nuclear Iran.

Leaking Controversy and Donald Trump

Despite the fact that her tenure as national security adviser ended in early 2017, Rice was thrust back into the spotlight as a result of ongoing investigations into Russian meddling in the 2016 U.S. presidential election.

After accusing the Obama administration of ‘wiretapping,’ President Donald Trump went after Rice in April for leaking the identities of Americans caught up in electronic surveillance of foreign officials.

Rice vehemently denied those allegations, and while she refused to confirm or deny whether she had sought the identities of those Americans, she insisted that doing so was entirely within the national security adviser’s jurisdiction. “The allegation is that Obama administration officials used intelligence for political purposes,” she said in an interview with MSNBC. “That is completely false.”

Netflix Board

Rice joined the board of directors of the streaming giant Netflix in March 2018. “We are delighted to welcome Ambassador Rice to the Netflix board,” said Reed Hastings, CEO and co-founder. “She has confronted difficult, complex global issues with intelligence, integrity, and insight for decades, and we look forward to benefiting from her experience and wisdom.”

The announcement came just a few weeks after it was revealed that the former president and first lady were in talks to create original content for Netflix.

How To Become Rich Like Susan Rice?

Susan Rice did not become rich by luck. To become as rich as Susan Rice, you have to work smart.

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