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How Much Money Does Paul Ryan Make A Year

  • House Speaker Paul Ryan will not seek re-election and plans to retire in January.
  • The 48-year-old has been a U.S. congressman since 1999.
  • He now makes $223,500 per year, and a significant portion of his substantial net worth reportedly comes from his wife's side of the family.

    House Speaker Paul Ryan announced he will not seek re-election, telling reporters on Wednesday he has accomplished "big things" and does not want his three children in Wisconsin just to know him as a "weekend dad."

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    When he retires in January, Ryan will give up his $223,500 salary as speaker of the house, which is $49,500 more than U.S. congressmen who do not hold leadership positions make. But according to celebritynetworth.com, Ryan is already worth $7.8 million .

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    The 48-year-old has been married to former tax attorney Janna Christine Little since December 2000, and a significant chunk of his net worth comes from her side of the family. Following the May 2010 death of his wife's mother, Prudence Little, Ryan's net worth jumped from about $1.5 million to more than $5 million, according to the Center for Responsive Politics, which tracks politicians' financial disclosure forms.

    According to the Huffington Post, the Ryans joined assets after they married and Janna Ryan received a one-third interest in the Prudence Little Living Trust following her mother's death. The trust is now listed as the speaker's largest asset, with an estimated value of $3 million. (The speaker and his wife are pictured on a balcony at the U.S. capitol with their three children—Samuel, Elizabeth, and Charles—below).

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    There has been speculation that Ryan is considering running for president in 2020, and if he wins he'll get a hefty salary bump. The president earns $400,000 a year, a figure that President Trump has donated in quarterly installments to government entities like the Department of Education and the National Park Service.

    Contributing Digital Editor Sam Dangremond is a Contributing Digital Editor at Town & Country, where he covers men's style, cocktails, travel, and the social scene.

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    How Much Money Does Paul Ryan Make A Year

    Source: https://www.townandcountrymag.com/society/money-and-power/a19744460/paul-ryan-net-worth/

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