An American politician, author, and business leader with a $150 million fortune is Dick Cheney. Many people believe that Cheney, who served as the 46th Vice President of the United States under President George W. Bush, is the most powerful vice president in American history. Despite having a long career in the Republican party, Cheney is most recognized for his rich private sector roots, which are evident in his $100 million net worth.
Dick Cheney’s years as CEO of oil services provider Halliburton are largely responsible for his wealth. From 1995 through 2000, Cheney served as CEO. Financial filings made public in 2000 show that Cheney received $72.5 million in total pay throughout those years. This includes a base salary of $12,5 million, retirement benefits of $20 million, and stock options totaling $40 million. Dick received several million dollars in deferred income, retirement benefits, and bonuses from the business throughout his tenure in government. Halliburton ranked as the 22nd-largest military contractor in the US in the year before Cheney was appointed vice president. They were the sixth in 2003.
Cheney’s net worth at the time varied from $20 million to $100 million, as per his 2008 wealth statement. President George W. Bush, in contrast, had an estimated value of $7 million to $20 million at the time.
Early Life and Education
On January 30, 1941, in Lincoln, Nebraska, Richard Bruce Cheney became known as Dick Cheney. He was raised in Casper, Wyoming, together with his parents Richard and Marjorie and younger siblings Bob and Susan. Mary had been a successful softball player in the 1930s, and Richard worked for the U.S. Department of Agriculture as a soil conservation agent. Dick attended College View Elementary School in Lincoln, which is now known as Calvert Elementary School, and Natrona County High School in Casper, where he served as senior class president and football team captain.
After high school, Cheney enrolled at Yale University but left less than two years later due to subpar academics. He was twice detained for drunk driving in 1962 and 1963 after graduating from Yale. Later, he attended Caspar College before earning a political science Bachelor of Arts and Master of Arts from the University of Wyoming. At the University of Wisconsin-Madison, he started doctoral work but left in 1966 to work as a staff assistant for Governor Warren Knowles.
Cheney traveled to Washington, DC, in 1968 after receiving a congressional fellowship from the American Political Science Association, where he interned for Congressman William Steiger. Cheney served as Donald Rumsfeld’s assistant at the Office of Economic Opportunity from 1969 to 1970, and in the years that followed, he worked as the White House staff assistant and the assistant director of the Cost of Living Council. Cheney worked as the White House deputy chief of staff under President Gerald Ford before rising to the position of assistant to the president. Additionally, he served as Ford’s 1976 presidential campaign’s campaign manager.
Cheney was chosen to serve as a representative for his native state of Wyoming in the U.S. House of Representatives in 1978. He held the position of Chairman of the House Republican Policy Committee from 1981 to 1987 and was re-elected five times. Cheney was chosen as the House Minority Whip in 1988, but he resigned in order to become George H.W. Bush’s secretary of defense in 1989. He served this position until 1993. Dick oversaw the military operations Operation Just Cause and Operation Desert Storm while serving as Secretary of Defense. He was honored with the Presidential Medal of Freedom and the U.S. Senator John Heinz Award for Greatest Public Service by an Elected or Appointed Official.
From 2001 through 2009, Cheney served as George W. Bush’s vice president, openly and actively influencing White House policy, particularly in the areas of foreign policy, environmental policy, and how prisoners of war are treated. Cheney played a key role in the administration’s strategy for the “War on Terror,” openly asserting that Iraq had WMD and connections to Al Qaeda. Cheney served as acting president while Bush underwent anesthesia for minor medical procedures twice during his vice presidency: from 11:09 a.m. to 1:24 p.m. on June 29, 2002, and from 7:16 a.m. to 9:21 a.m. on July 21, 2007.
On February 27, 2007, a suicide bombing outside Bagram Airfield’s front gate left 23 people dead and 20 injured while Cheney was there. The Taliban took ownership of the incident, claiming that Cheney was the intended victim and that Osama Bin Laden had given the order to carry it out. Cheney’s approval rating was only 13% when he left office because of the criticism he received for supporting the administration’s “enhanced interrogation program,” which entailed waterboarding captured terrorists.
Cheney resigned from public office following the Bush administration. He co-wrote two books with his daughter Liz: “Exceptional: Why the World Needs a Powerful America” (2015) and “In My Time: A Personal and Political Memoir,” published in 2011. On March 24, 2012, Cheney got a heart transplant, two years after his sixth heart attack
In 1964, Dick wed Lynne Vincent, his high school girlfriend. Elizabeth, born on July 28, 1966, and Mary, born on March 14, 1969, are their two daughters. In 2017, Liz took over her father’s previous congressional seat, and Mary served as the campaign’s director of vice presidential operations for Bush and Cheney. Liz and her husband Philip J. Perry have five children together, while Mary and her partner Heather Poe have two. Cheney advocated for same-sex marriage after leaving office and urged Maryland lawmakers to approve it in 2012.
Cheney inadvertently shot friend Harry Whittington on February 11, 2006 as he was quail hunting in Kenedy County, Texas. Whittington suffered birdshot wounds to his chest, neck, and right cheek. On February 14th, he suffered a heart attack and atrial fibrillation as a result of a pellet being close to his heart. The Kenedy County Sheriff’s Office found no evidence of criminal activity against Cheney, and Whittington lived.