How Much Is John Mccains Net Worth?
John McCain was a key player in American politics. He left behind a financial legacy worth about $16 million when he died in 2018. His wife, Cindy McCain, holds way more wealth at around $200 million.
Cindy McCain made her fortune through inheritance. She inherited a big part of Hensley & Co., a major distributor for Anheuser-Busch. This business greatly boosted the McCain family’s wealth.
John and Cindy McCain owned varied properties, including a 15-acre ranch in Sedona, Arizona. They also had real estate in California and Virginia.
John McCain’s wealth extended beyond his properties and what he inherited. For instance, he earned $174,000 a year as a US Senator. Also, his Navy pension gave $73,000 in 2015.
Besides these, McCain made money from selling books. A notable example is his book “Hard Call: The Art of Great Decisions,” which brought in $1.7 million. He gave all the income from this book to charity.
Charity was very important to John McCain. He and Cindy founded a foundation that helped in medical research and education. They made substantial donations to these causes.
In conclusion, John McCain had a net worth of $16 million at the time of his death. Cindy’ McCain’s wealth was estimated at $200 million. Their investment, financial sources, and dedication to charity underline their strong financial standing.
John McCain’s Real Estate Holdings
John and Cindy McCain invested in many real estate properties all over the United States. They had a 15-acre ranch in beautiful Sedona, Arizona, worth more than $1 million. This ranch was their peaceful escape in the midst of Sedona’s natural splendor.
In downtown Phoenix, they owned a fancy apartment high up, which cost $4.67 million. They also had a loft in Biltmore Lofts, Phoenix, selling later for $730,000.
The McCains also loved California’s coastline and owned beachfront places. They had a La Jolla property they sold for $1.3 million. In Coronado, they possessed two condos.
Adding more to their collection, they had a condo with three bedrooms in Arlington, Virginia. This condo was close to the nation’s capital, making it easy for them to visit.
The McCains didn’t just buy properties, they also sold some. They sold Cindy McCain’s childhood home in Phoenix for a whopping $1.8 million.
John McCain’s Sources of Income
John McCain had many income sources that kept him financially stable. Being a US Senator brought in a yearly salary of $174,000. Besides, he got more than $73,000 each year from a Navy pension.
McCain earned a lot from selling books, too. His book “Hard Call: The Art of Great Decisions” made $1.7 million. Instead of keeping the money, he gave it all to charity.
The McCains’ owned a lot of real estate, adding to their wealth. Cindy McCain got a large inheritance from Hensley & Co. This was a well-known Anheuser-Busch distributor. They also invested between $2.7 million and $5.8 million in funds for their kids’ futures.
John and Cindy McCain were big on giving back. They used the John and Cindy McCain Foundation for this. The foundation helped with medical research and supported schools, aiming to make society better.
