Paul Ryan, born January 29, 1970, is an American politician who is the current Speaker of the United States House of Representatives. Ryan is the 54th Speaker of the House in United States history.
In 2012, Ryan was the Republican Party nominee for Vice President of the United States, running alongside former Governor Mitt Romney of Massachusetts.
Ryan has served as the U.S. Representative for Wisconsin’s 1st congressional district since 1999. In 2015, Ryan was elected to replace John Boehner as Speaker of the U.S. House of Representatives, becoming the first person from Wisconsin to hold this position.
Paul Ryan Net Worth 2019: $7 million
Paul Ryan, the current Speaker of the House, has a reported estimated net worth of $7 million. As an elected official, his salary is public record, so we know that Ryan’s annual salary was increased from $174,000 to $223,500.
Ryan was first elected to the House in 1998, winning the 1st District seat of Republican Mark Neumann, a two-term incumbent who had vacated his seat to make an unsuccessful bid for the U.S. Senate. Ryan became the second-youngest member of the House of Representatives.
Ryan became the ranking Republican member of the House Budget Committee in 2007.
In 2012, Massachusetts Governor Mitt Romney and the Republican Party chose Ryan as the nominee for Vice President of the United States. On August 11, 2012, the Romney campaign officially announced Ryan as its choice for Vice President.
On October 29, 2015, Ryan was elected to replace John Boehner as Speaker of the U.S. House of Representatives following Boehner’s retirement, becoming the first person from Wisconsin to hold this position. He named lobbyist John David Hoppe as his Chief of Staff. Ryan was elected Speaker with 236 votes.
On May 4, 2016, Ryan said he was hesitant to endorse then Republican-nominee Donald Trump. Ryan and Trump met in private on May 12, releasing a joint statement afterward, acknowledging their differences but stating “we recognize that there are also many important areas of common ground.”
On December 14, 2017, it was announced that Ryan was considering retirement in 2018.
According to a campaign finance report, Paul Ryan received nearly $500,000 from the billionaire Koch brothers and his wife 13 days after the House passed its version of the Republican tax bill.
With the new year, Paul Davis Ryan Jr. is finally retired from being the 54th speaker of the United States House of Representatives.