Joe Manchin is the senior U.S. senator from West Virginia. He was the 27th secretary of state of West Virginia. In 2010, Joe was elected West Virginia secretary of state. Apart from politics, he is a businessman. Joe Manchin founded the coal brokerage ecosystems that grossed 30% of his $5 million net worth.
Joseph Manchin III is the real name of Joe Manchin. He was born on 24 August 1947 in Farmington, West Virginia. His father, John Manchin, is of Italian descent. John Manchin owned a furniture and carpet store.
Talking about education, Joe Manchin completed his high school session at Farmington High School. Later, he attended West Virginia University in 1965. Joe entered West Virginia University on a football scholarship. But, Joe’s dream to be a footballer nipped in the bud due to an injury.
In 1970, Joe Manchin graduated from West Virginia University with a degree in business administration. Later, he worked on his family’s business.
Since his childhood, Joe Manchin has remained a close friend of Nick Saban and Alabama Crimson Tide football.
Joe Manchin is a businessman and a political leader. He began his political career in 1982 at the age of 35. At first, Joe was elected to the West Virginia House of Delegates. Later, he became the West Virginia Senate.
From 1986 to 1996, Joe Manchin served as the senate and ran for governor. Four years later, Joe Manchin became the Secretary of State of West Virginia.
In 2003, Joe challenged Bob Wise who was the incumbent Democratic governor. As Bob Wise didn’t seek reelection after a scandal, Joe Manchin won the Democratic general and primary election.
In 2008, Joe won the reelection against Republican Russ Weeks. Defeating Chuck Schumer, Joe Manchin succeeded to get the victory in the Democratic primary election. In 2010, the then Vice President, Joe Biden swear him into the United States senate.
Joe Manchin has raised the corporate tax to 25%. He has recently put up a deal with Chuck Schumer who is the Senate majority leader.
Before becoming a full-time politician, Joe Manchin ran the coal brokerage Enersystems. After becoming West Virginia secretary of state, he gave the control of Enersystems to his son.
Manchin’s Enersystems has contributed 30% of his seven-digit net worth.
Joe Manchin Net Worth:
As of this writing, Joe Manchin is estimated to have a net worth of $5 million. Literally, his estimated net worth is far behind the richest senator of the US — Mark Warner. But, Joe is doing well with his business. His non-public shares of Enersystems were worth from $1 million to $5 million. Besides, Joe’s annual salary of $174k is also contributing to his net worth.
How does Joe Manchin make money?
Joe Manchin prominently makes his fortune through business. His main business venture is the coal brokerage Enersystems. Joe founded Enersystems in 1988.
In 2020, Joe Manchin received $5,211,154 from Enersystems. Enersystems holds Joe Manchin’s 71% investment.
Joe Manchin listed AA Properties on his annual financial disclosures as a non-public asset. Thus, he gained 50% control of AA Property. Besides, Joe invested in Emerald Coast Realty.
Like other U.S. Senate, Joe takes advantage of his business.
Talking about his other income, Joe receives a $174k annual salary as a U.S. senator. Since 1986, he has served as a U.S. senator.
On 5 August 1967, Joe Manchin tied the knot with Gayle Heather Conelly. Talking about Joe’s wife, she is an educator. This couple is blessed with three kids. They are Joseph IV, Heather, and Brooke.
What is Joe Manchin doing now?
Joe Manchin is now actively serving as the senior United States senator. Since 2010, he has occupied this seat from West Virginia. From 2005 to 2010, he served as the 34th governor of West Virginia. Before that, he was the 27th secretary of state of West Virginia.
Joe Manchin: At a Glance
|Full Name||Joseph Manchin III|
|Date of Birth||24 August 1947|
|Birth Place||Farmington, West Virginia, United States|
|Height||1.91 m (6 feet 3 inches)|
|Spouse||Gayle Heather Conelly|
|Children||Three (Joseph IV, Heather, and Brooke)|
|Profession||Businessman, U.S. Senator|
|Net Worth||$5 million|
- https://www.legistorm.com/person/bio/151825/Joseph_Manchin_III/hashkey/975605ea.html — Joe Manchin biography.
- https://www.theatlantic.com/politics/archive/2017/05/joe-manchin-bernie-sanders-primary-challenge-west-virginia-senate-2018/525918/ — Challenge gave by Joe Manchin.
- https://www.usnews.com/articles/news/campaign-2008/2008/08/01/10-things-you-didnt-know-about-west-virginia-gov-joe-manchin.html — Ten things about Manchin!