Introduction
James Mattis is a household name, known for his service to the United States as a retired Marine Corps General and as the former Secretary of Defense. However, what many people may not know is that behind the persona of this infamous figure, lies an incredible hidden fortune. In this post, we will take a deep dive into the net worth of James Mattis and uncover the secrets behind the wealth of the legend himself. From his background to his investments, we will explore it all in simple terms that are easily comprehensible.
The Early Days
James Mattis was born on September 8, 1950, in Pullman, Washington, and grew up in Richland. He is the oldest of five children in a middle-class family. Mattis lived simply, never flaunted his possessions, and focused on his academic and athletic pursuits during his early days.
He graduated from Central Washington University in 1971 with a degree in History. After the graduation, Mattis joined the United States Marine Corps Reserve and embarked on a journey that would change his life forever. Mattis would spend his entire career in the military, with his peak being his appointment to the position of Commander of the United States Central Command.
Earned Fortune and Investments
According to various sources, General Mattis has an estimated net worth of $10 million. After his retirement from the military, he earned a salary of $200,000 annually as a consultant for General Dynamics, a Virginia-based defense contractor. Mattis also served on the board of directors of Theranos, a Silicon Valley-based blood-testing startup, and earned a significant amount of stock options.
Additionally, while serving as the Secretary of Defense, Mattis invested a significant portion of his wealth in the stock market, including companies such as Amazon, Apple, and Facebook. These investments have been highly profitable for Mattis, and he has further diversified his portfolio by investing in the oil and gas industry.
Real Estate Investments
Mattis is known to be highly involved in real estate investments and has invested in a variety of properties. In 2015, he spent $1.6 million on a house in Washington, D.C., which he sold in 2021 for $2.15 million. Mattis also purchased a condo in Alexandria, Virginia, for $850,000 in 2017.
However, Mattis’ most impressive real estate investment is a 650-acre ranch in Washington, which he purchased in 1997 for $585,000. The property is currently estimated to be worth over $3 million and is known for offering breathtaking views of the Olympic Mountains.
Corporate Directorships
After his retirement, Mattis also served on a few corporate boards. He spent three years as a Director on the Board of General Dynamics, Four years on the Board of Theranos, and another year on the Board of Raytheon Technologies. From these three Directorships, he was able to increase his net worth by millions of dollars.
FAQs
1) What is James Mattis’ net worth?
James Mattis’ net worth is an estimated $10 million.
2) Was James Mattis wealthy before joining the military?
No, James Mattis lived a simple life and was not wealthy before joining the military.
3) What real estate investments has James Mattis made?
Mattis has invested in a Washington, D.C. Home, a condo in Alexandria, Virginia, and a 650-acre ranch in Washington.
4) What companies has James Mattis invested in?
James Mattis has invested in companies such as Amazon, Apple, Facebook, and the oil and gas industry.
5) Which corporate boards has James Mattis served on?
James Mattis has served on the boards of General Dynamics, Theranos, and Raytheon Technologies.
6) How long has James Mattis been involved with General Dynamics?
James Mattis was a consultant for General Dynamics after his retirement and served on the board of Directors for three years.
7) What was James Mattis’ highest position in the military?
James Mattis’ highest position in the military was Commander of the United States Central Command.
Conclusion
James Mattis is an impressive figure, not only for his service to the country but also for his hidden financial fortune. Despite his humble beginnings, Mattis amassed a significant amount of wealth through his investments and real estate ventures. However, what makes Mattis a true inspiration is his dedication and hard work, which he demonstrated throughout his military service and beyond. So, while financial success can be impressive, it’s the character and integrity of a person that shines through and earns lasting respect. Invest in yourself first!