Richard Burr Net Worth and Income Sources

Senator Richard Burr Net Worth Overview

Richard Burr net worth is about $7.4 million based on confirmation from various online sources [1].

Richard Burr is a member of the Republican party and a senior United States senator from North Carolina. He is also a seasoned businessman with a sizable net worth. Richard Burr worked as a sales manager for Carswell distributing before switching careers. Republican candidate Richard Burr was first elected to the United States House Representatives in 1994 [2].

Richard Burr: Total Investment and Assets

Richard Burr makes about $174,000 as part of the United States senate [3]. As a seasoned politician and former sales manager, Richard Burr of North Carolina is no stranger to wealth generation and has a diversified portfolio of stocks and real estate assets. His Financial Disclosure Filings reveal a wealth of data, we’ll take a look at some of his assets below.  

Based on the above data, it would be difficult to calculate a precise value for the net worth of Richard Mauze Burr, however, we can safely assume that it is in excess of $7.4 million [4].

Senator Richard Mauze Burr Income

The primary source of liquid income for Richard Burr is his salary as part of the United States Senate, which is about $174,000. All senior United States Senators have similar salaries.

Income Source 1: Salary as a Senator

As mentioned earlier, Richard Burr makes$174,000 as a senior United States senator. He was first elected to the United States Senate in 2005.

Income Source 2: Investments

Richard Burr earns most of his income from his shares in businesses and ownership of real estate assets. All these assets make him one of the richest politicians in the United States Senate.

Below is a cursory look at some of his most valuable assets.

Based on the public disclosure statement, Richard Burr has a net worth of $7.4 million. 

Richard Burr Biography 

Richard Burr was born in Charlottesville, Virginia on November 30, 1955. He is the son of Martha Burr and pastor David Horace White Burr [5].  His lineage can be traced back to Aaron Burr, who was the third US vice president and migrated to North Carolina with his family. 

Richard Burr went to Richard J Reynolds High School in Winston-Salem, North Carolina. He would go on to attend Wake Forest University in 1978 and earn a BA. In college, Richard Burr was known for his admirable leadership skills and excellence in sports. 

He played football for his university’s team called the Wake Forest Demon Deacons.

After college,  Richard burr would work as a sales manager for a wholesale lawn equipment company. He is married to his wife Brooke Fauth Burr with two children [6].   

Senator Richard Burr Career 

Richard Burr stayed out of politics until 1992 when he decided to run for the US House of Representatives. This was his first foray into politics, and as expected, ended in failure. However, Richard Burr was strong and resolute and only two years later in 1994, he would re-enter the race and win. 

After his successful election into office, Richard Burr would go on to win the election four times. He proved to be so popular with his constituents that he collected over 62 percent of votes every time. 

Richard Burr had his eyes set on the United States senate and when John Edwards vacated his position as a senator, he capitalized and ran for the recently vacated seat. Richard Burr started his career as a senator for the very first time in 2005.

Richard Burr is mostly known for his moderate views on politics and leans towards conservative values in some key issues. Like most Republicans, Richard Burr pledged to not increase taxes and voiced his support for the balanced-budget amendment. 

He went against his Republican colleagues by voting to repeal the “Don’t Ask, Don’t Tell” bill, which prohibited gay people from serving in the United States military.  

As part of the Senate intelligence committee, Burr was part of an investigation that Russia allegedly interfered in the 2016 presidential election. Burr’s team generated a report and supported the view that Russia had indeed meddled in US affairs. 

Burr voted against a measure that would restrict President Donald Trump from initiating military action on Iran without approval from Congress. 

In 2010, Burr would renew his candidacy as a North Carolina senator and defeated his Democratic opposition Elaine Marshall. Burr ran for the senate and defeated Democratic Congresswoman Deborah Ross in 2016, making him the winner of the senate election. His political career has been largely successful and he has proven to be a valuable asset to the Republican party. 

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Richard Burr Biography 

Frequently Asked Questions About Richard Burr 

Where and when was Richard Burr born?

Richard Burr was born on November 30, 1955, in Charlottesville, Virginia, United States.

How old is Richard Burr of North Carolina?

Richard Burr turned 66 years old in 2021.

Is Richard Burr married?

Richard Burr of North Carolina is married to real estate agent Brooke Burr. The couple has two children.

References

[1] https://www.opensecrets.org/personal-finances/richard-burr/assets?cid=N00002221&year=2018 – Breakdown of Richard Burr’s net worth 

[2] https://www.burr.senate.gov/senator-burr – Richard Burr in the House of Representatives

[3] https://ballotpedia.org/Richard_Burr – Richard Burr salary 

[4] https://www.opensecrets.org/personal-finances/net-worth?cid=N00002221&year=2015 – Richard Burr’s assets

[5] https://heavy.com/news/2017/06/richard-burr-family-wife-kids-children-sons-aaron/ – Richard Burr’s family background

[6] https://www.winstonwatchman.com/corruption-burr-richard/ – Richard Burr’s wife