Rich Dudes│How Former GOP House Member Liz Cheney Made Her Money

Ever wondered how the former GOP House member and daughter of former Vice President Dick Cheney, Liz Cheney amassed a $14 million net worth? This glittering Liz Cheney net worth results from a perfect storm of education, career choices, and savvy investments.

This piece takes Liz Cheney’s journey to wealth, from her educational background to her career path, net worth breakdown, and investments. Buckle up, folks—it’s going to be an exciting ride.

Elizabeth Lynne Cheney, commonly known as Liz Cheney, embarked on her remarkable journey with a strong educational background. She commenced her academic pursuits at McLean High School, where she obtained a solid foundation for her future endeavors. 

Continuing her educational journey, Cheney enrolled at Colorado College, focusing her studies on Middle Eastern history and gaining insights into the region's complex dynamics.

Armed with this exceptional academic lineage, Liz Cheney was poised to make significant contributions to government, law, and politics.

Early career in government

Before diving into law and politics, Liz Cheney honed her skills in the State Department and the United States Agency for International Development (USAID), focusing on national security and democracy promotion.

Cheney served in key positions such as Deputy Assistant Secretary of State for Near Eastern Affairs, Principal Deputy Assistant Secretary of State for Near Eastern Affairs, and Coordinator for Broader Middle East and North Africa Initiatives.

In addition to her State Department roles, Liz Cheney also fulfilled the crucial position of resident USAID officer at U.S. embassies in Budapest, Hungary, and Warsaw, Poland, furthering her contributions to international development and diplomacy.

Following her government stint, Liz Cheney transitioned to law and politics, armed with her Juris Doctorate. She practiced law at White & Case and worked as an international attorney and consultant at the International Finance Corporation. 

Eventually, she entered the political arena, serving as the U.S. representative for Wyoming's at-large congressional district from 2017 to 2023. During this time, she also chaired the House Republican Conference from 2019 to 2021—the third-highest position in the House Republican leadership.

Not one to shy away from controversy, Liz Cheney made headlines when she voted to impeach former President Donald Trump in 2021, citing his actions as a violation of the Constitution and a threat to American democracy.

Liz Cheney built her net worth from two primary sources—earnings from her political career and income from her legal profession. Let’s dive into the details of each component and discover how they have contributed to her impressive fortune.

As a U.S. representative, Liz Cheney earned an annual salary of $174,000, providing a steady income stream throughout her time in Congress. But her political earnings didn’t stop there.

Liz also played a role in numerous presidential campaigns and was one of the founding members of the conservative advocacy group Keep America Safe. These various political engagements have undoubtedly influenced her overall wealth accumulation.

Liz Cheney’s work as an international attorney and consultant contributed significantly to her net worth, too. Liz Cheney’s husband, Philip Perry, also boasts a successful legal career, including a position as former General Counsel for the United States Department of Homeland Security. Together, their legal endeavors have allowed them to amass a considerable fortune.

When it comes to building wealth to secure a financial future, many high-net-worth individuals like Liz Cheney employ a strategic approach to investing. While some may opt for diverse asset classes, Cheney focuses primarily on real estate investments.

Liz and her husband own properties in Wyoming and Washington D.C. that have gradually risen in value. 

One of Liz Cheney's notable properties is a home in Wilson, Wyoming, featuring stunning views of the Tetons and sitting on 2.4 acres. This residence, purchased in 2012 for $1.9 million, adds to the enclave of wealthy political donors in the area.

Additionally, Cheney maintains a seven-bedroom, seven-bathroom home with a pool in McLean, Virginia, serving as her primary residence since 2006. Situated just minutes from Washington, D.C., this upscale property on a cul-de-sac holds significant value, with neighboring homes priced above $2 million. 

These real estate holdings provide a stable investment for the couple and contribute to their overall net worth, solidifying their financial success.

Liz Cheney’s net worth growing to $14 million is a testament to the benefits that come from a diverse educational background, perseverance through a long and varied career, and astute investment strategies. 

Liz Cheney has built a solid financial foundation for herself and her family through her work in government, law, politics, and real estate, stock, and bond investments. Her story is an inspiring example of what one can achieve with determination, hard work, and a keen eye for opportunities.