Since taking office in 2013, Ted Cruz has served as the junior senator from Texas. He started out as a lawyer, but he eventually decided to become a politician. Crus, who finished second in the race for the Republican presidential nomination in 2016, is now a well-known name in American politics. Ted Cruz has a $44 million net worth as of 2022.
Early Life
Ted Cruz was born Rafael Edward Cruz on December 22, 1970, in Alberta, Canada. He has two half-sisters. After leaving the family in 1974, Cruz’s father moved to Texas. Later that year, Cruz’s parents got back together. But in 1997, they broke up once more.
Cruz attended Second Baptist High School and Faith West Academy, both of which are private institutions. Rafael, then a student, graduated from the latter in 1988 as valedictorian.
In 1992, he graduated from Princeton University with a Bachelor of Arts with a concentration in public policy. He continued on to Harvard Law School, where he graduated with a Juris Doctor magna cum laude in 1995.
Salary and Net Worth
As a junior senator in the US, Ted Cruz receives an annual salary of $174,000. According to sources, Ted’s assets are almost entirely invested in stocks, bonds, and real estate. Cruz earned more than $33,000 in dividends and interest in only one year, 2017.
He supports cryptocurrency as well. Early in 2022, the republican revealed that he had spent between $15,001 and $50,000 on Bitcoin. He now has $44 million in fortune.
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Legal Career
Ted Cruz worked as a legal clerk for the United States Court of Appeals from 1995 to 1996. After that, he joined a renowned legal firm as an attorney and took on matters involving the National Rifle Association, the impeachment trial of Bill Clinton, and other high-profile cases. Cruz returned to private practice after resigning from his job as Solicitor General in 2008. Until 2013, when he was elected to represent Texas as a US Senator, he continued to practice law.
What is Ted Cruz Net Worth?
| Net Worth | $44 Million |
| Senator Salary | $175,000 |
| Business Income | $7 Million |
| Assets & Investments | $25 Million |
| Taxes Paid | $950,000 |
| Cars Owned | 8 |
| House Properties | 4 |
| Weight | 176 lbs (80 kg) |
Relationship
Ted and Heidi Cruz have been wed since 2001. They have two daughters.
Ted Cruz Car Collection
Ted Cruz recently spent $280,000 USD on a brand-new Porsche 911. Ted Cruz also owns an Audi A6 that is worth $120,000 USD. Below is a list of some additional vehicles in Ted Cruz’s collection.
Volvo XC60
Tesla Model 3
Land Rover Defender
Ted Cruz House
Ted Cruz resides in a luxurious home in Austin, Texas. This home is a 5,000-square-foot mansion with 3 baths and 1 pool. For $10 million, Ted Cruz purchased this home.
Ted Cruz’s Watch Collection
Ted Cruz has received numerous expensive gifts throughout the years, including vintage and designer timepieces. The timepieces Ted Cruz owns are mentioned below.
Chopard – $105,000 USD
Audemars Piguet – $90,000 USD
Bovet Fleurier – $120,000 USD
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Politics
Ted Cruz’s introduction to politics came in 1999 when he worked as a domestic policy adviser for George W. Bush’s presidential campaign. Cruz joined the US Justice Department as an Associate Deputy Attorney General after Bush won the election. Ted Cruz served as Texas’s solicitor general from 2003 to 2008. Ted Cruz made numerous arguments before the US Supreme Court while serving as Solicitor General, covering everything from worries about the Second Amendment to LGBT rights.
Ted Cruz won Texas’ 2012 US Senate race after a strong campaign. Given how much more money his opponent had spent on his campaign, the victory was referred to be an “upset.” Ted Cruz sponsored 105 of his own legislation while serving as a US senator. He was also one of the legislators who contributed to the 2013 government shutdown, despite his later denials. Cruz had few allies during his time as a senator for the US. Both Democrats and Republicans came under fire from him, and he had particular contempt for President Obama.
It was widely believed that Cruz would seek the Republican presidential nomination in 2016 because of his vocal presence in the senate. Polls indicated that if he made the decision, he would have a lot of support. He had made his presidential bid official by 2016 though. He got 7.8 million votes, 12 states, and 559 delegates during the primaries. In addition, he raised $92 million, breaking the previous record. Though it wasn’t meant to be, he eventually became the contender with the best chance of defeating Trump.
Cruz first criticized Trump after his campaign was put on hold, but he gradually buried the hatchet and began to speak more highly of the US president. Cruz lost his cool with Trump during the 2016 presidential campaign after the latter made snide remarks about Cruz’s father and wife. In a close election in 2018, Ted Cruz just barely retained his Texas senatorial seat.
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