gina raimondo net worth before governorlarge commercial planters
Rather than divest her venture-capital holdings, Raimondo elected to put them in a trust, which she handed off to someone else to manage. The next day, then-Governor Lincoln Chafee signed RIRSA into law. Share Tweet. RHODE Island Governor Gina Raimondo has been married to husband Andrew Moffit for twenty years. Raimondo was elected alumni fellow at Yale, in 2014. Gina Marie Raimondo was born on May 17, 1971, in Smithfield, Rhode Island, U.S. She is 49 years old as of 2020. Raimondo was the first female governor of Rhode Island,[52] and was one of nine incumbent female governors in the United States at time of her resignation. Many view the effort as the best and only bet for the United States to position itself in industries of the future, like artificial intelligence and supercomputing, and ensure that the country has a secure supply of the chips necessary for national security. Ms. Raimondo grew up in Rhode Island in a close-knit Roman Catholic family, raised partly by a brother 13 years her senior who recalled wrestling with her and throwing her in the water at the beach. [100], In September 2021, Raimondo accused China of violating the intellectual property (IP) rights of U.S. companies, and stated that the Chinese government has put in place "all kinds of different barriers for American companies to do business in China. She was also the first female governor of Rhode Island. [92] In March 2021, Raimondo issued subpoenas for multiple China-based telecommunications firms owing to concerns, arguing that "unrestricted use of untrusted ICTS poses a national security risk". A widely criticized rollout of a new computer network system for the Rhode Island Executive Office of Health and Human Services dubbed the "Unified Health Infrastructure Project" (UHIP) in September 2016 saw scores of people without access to government programs such as food stamps and child care due to glitches in the software, designed by Deloitte. But she is under close watch by Senator Elizabeth Warren of Massachusetts and some other left-wing Democrats, who have criticized her as being too solicitous of corporate interests. [24] Raimondo has stated that her experience working at housing and poverty clinics inspired her to attend law school. For example, indoor dining is now permitted, though there are still serious limitations such as a maximum of 50 percent seating capacity. Since 2015, the department's intensive reforms have resulted in a 43% reduction in the number of youth placed in congregate care and a 39% reduction in the number of youth placed in out-of-state congregate care. Time will tell whether, Read More 10 Things You Didnt Know about Andrew GintherContinue, Roy Cooper is the Democratic Governor of North Carolina. At the same time, the department has increased the number of children placed in licensed foster family homes.[78]. On top of that, Raimondo is the Chair of the Democratic Governors Association. Her current term ends on January 20, 2025. Rhode Island Gov. [6] Reelected in 2018, Raimondo was tasked with overseeing the state's initial response to the COVID-19 pandemic. Gina Raimondo Previous position: Governor of Rhode Island (2015-2021), General Treasurer of Rhode Island (2011-2015) Company executives describe her as a skillful and charismatic politician who is both engaged and accessible in an administration often known for its skepticism of big business. After all, she has made a lot of changes in this regard ever since she became the Governor of Rhode Island. So far, he has managed to win not one but two elections for said position, with the second time being an uncontested victory. Barack Obamas secretary of commerce, Penny Pritzker, was worth more than $2 billion when she served in office. There, she made changes to shore up the states pension system, clashing with unions and progressive Democrats in the process. [98][99] Raimondo has argued that the chip shortage presents a national and economic security threat to U.S. They should not come from a notoriously glitchy computer system. Gina Raimondo is touring the back room of a silk-screening shop in East Providence, talking up how her new budget helps small businesses. After being together for a few years, the couple got married in 2001. In that job, she introduced free community college and all-day kindergarten, repeatedly raised the minimum wage and cut business taxes. As of 2022, the governor of Rhode Island is Daniel McKee. Her father worked in manufacturing for decades, at a time when Rhode Island was known for its jewelry production. U.S. Department of Commerce. Gina Raimondo was born on May 17, 1971, in Rhode Island. Gina Raimondo has signed a federal ethics agreement and provided details on her family's finances as she seeks to win . In less than two years in Washington, Ms. Raimondo has emerged as one of President Bidens most trusted cabinet officials. [59] This computer crash created a backlog of more than 20,000 cases. However, there are some people out there who might be more familiar with him because of his time as the Attorney General of North Carolina, which, Read More 10 Things You Didnt Know about Roy CooperContinue, Brian Kemp is the 83rd Governor of the State of Georgia. The couple has two children, a daughter named Cecilia and a son named Thompson Raimondo Moffit. She wrote "Far too many families are facing financial challenges that might be mitigated or avoided through a greater understanding of personal finance," and "payday loans exploit that lack of understanding With numerous economic challenges, Rhode Island should not permit the sale of a financial product that traps so many customers in a cycle of debt. [32] Describing the position of general treasurer as a professional job, not a political job", Raimondo announced her candidacy for the position, her first campaign for elected office. The essence of industrial policy is youre gambling, said William Reinsch, a trade expert at the Center for Strategic and International Studies, a think tank. Updated: Jan 21, 2021 / 12:30 PM EST. @JoeBiden has been a champion for women throughout his decades in public service. And in October, the department issued sweeping restrictions on advanced semiconductor exports to China in an attempt to curtail the countrys access to critical technology that can be used in war. In total, Raimondo has four degrees. Got Into a Conflict with Governor Andrew Cuomo, 10 Things You Didnt Know About David Ige, 10 Things You Didnt Know about Henry McMaster, 10 Things You Didnt Know about Andrew Ginther, 10 Things You Didnt Know about Roy Cooper, 10 Things You Didnt Know About Brian Kemp, 10 Things You Didnt Know about Jay Inslee, The 10 Best Mercedes GLC Models of All-Time, 20 Things You Didnt Know About Emily Ratajkowski, The 10 Best Toyota Avalon Models of All-Time, The 10 Most Expensive Cigarette Boats in the World. As of now, Raimondo is a venture capitalist. She was elected as the states first female governor in 2014. "[66], Under Raimondo, the Rhode Island Department of Children, Youth & Families (DCYF) had come under fire for the rate of deaths and near-deaths of children in its care. [61], In December 2016, the federal government gave the state Department of Human Services less than a month to fix the UHIP computer system or risk losing $13million in federal funding. ", Democratic Governors. She has been holding that office since early 2021. [57] This result meant that Raimondo was tied with the governors of North Dakota and Utah for the 12th-highest rating.[58]. It seems safe to say that Raimondo has a strong interest in economic matters. The governor is now getting . The job was a source of pride for her father and allowed him to provide for his family, and the loss sent him into a funk for years, Ms. Raimondo said in an interview. Secretary Raimondos job is to help grow an economy that works for everyone, not to be the chief lobbyist for the Chamber of Commerce, Ms. Warren said in a statement to The New York Times. [76] Aucoin has served in an interim director capacity twice before when DCYF was without a permanent director. Those criticisms have been fanned by rumors in recent months that the White House is considering Ms. Raimondo to serve as the next Treasury secretary if Janet L. Yellen, the current occupant of that post, eventually steps down. [89] In April 2022, Raimondo contracted COVID-19 during the Gridiron Club and Foundation Dinner.[90]. Democrat Gina Raimondo resigned the state's top office on Tuesday night, hours after winning U.S. Senate confirmation as commerce secretary on an. While the department is well known for its role in promoting business, it has an increasingly important role in regulating it by policing the kind of advanced technology that U.S. firms can share with China, Russia and other geopolitical rivals. She also courted controversy by proposing a toll on commercial trucks to rebuild the states roads and bridges. Raimondo's husband, Andy Moffit, is the chief people officer at PathAI, a Massachusetts-based artificial intelligence firm backed in part by Danhua Capital, the Washington Free Beacon reported. [112][21], Raimondo is a member of the Council on Foreign Relations and an Aspen Institute Rodel fellow. "Democratic Governors Elect Governor Gina Raimondo as Next DGA Chair. Cuomo seemed to have been irritated by this, with the result that he threatened to sue while still expressing the desire that everything could still be worked out in an amicable manner. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. Republican lawmakers and others say she has not moved forcefully enough to stop U.S. companies from enriching themselves by selling sensitive technology to China. [28] At Point Judith, Raimondo served as a general partner covering health care investments; she retains some executive duties with the firm. She raised the state minimum wage to $11.50, created a sick-leave entitlement, financed the largest infrastructure program in the state's history, and made community colleges tuition-free. She covered shareholder activism as a reporter at Reorg and Activist Insight and her work has been published in The Washington Post, Chicago Tribune, and The Jerusalem Post. [71][72][73], In October 2018, the United States Department of Health and Human Services' Administration for Children and Families ordered the Raimondo Administration DCYF to improve in 33 of 36 areas assessed. She believes that the recent crises that America has suffered make this mission of the Commerce Department even more important and that growing economic opportunity for workers and businesses has been the focal point of her career. 5. [9] Raimondo was named a national co-chair for the Bloomberg campaign. Ms. Raimondos work has earned her praise from Republicans and Democrats, along with labor unions and corporations. In 2007, Rhode Island current governor and former state treasurer, Gina Raimondo was a co-founder and partner in a very small local venture capital firm with very little money under. Katherine Tai is the U.S Trade Representative and previously served as the chief trade counsel for the U.S. House Ways and Means Committee. [103] In March 2022, Raimondo stated that Chinese companies attempting to sell semiconductor technology to Russia in violation of U.S. sanctions would face repercussions. In particular, critics say that the Commerce Department has issued too many special licenses that offer companies exemptions to the restrictions on selling to China. Who is Gina Raimondo? ", "Opinion | The Loneliness of the Moderate Democrat", "Biden's Pick To Run the Commerce Department Is No Progressive", "The 'hidden player' in Biden's Jobs Cabinet", "Nardolillo Funeral Home Published an Obituary for Joseph Raimondo", "Opinion | This is the vice president who would restore adult supervision in Washington", "Rhode Island politicians were neighbors in Narragansett as children", "La Salle Academy removes all photos from Wall of Notables after Raimondo controversy", "Gina M. Raimondo, University Leadership", "Gina M. Raimondo '93 Recalls Harvard as Formative | News | The Harvard Crimson", "Gina Raimondo Math Convinces Rhode Island of America's Prospects", "The 2007 Life Sciences & Healthcare Venture Summit", "GoLocalProv State Pension Fund Pays $570,000 to Raimondo's Former Firm", "GoLocalProv GoLocal Voter's Guide GT Candidates: Gina Raimondo", "BREAKING: Tom Sgouros Drops out of Treasurers Race", "Raimondo calls upon Italian values to steer campaign course", "Providence pension tab tops $900M with lower investment rate", "Report claims R.I. employee pension system 'mismanaged', has 'squandered billions', "RI pension fund again lags its peers with return of 11.1% WPRI.com Blogs", "Rhode Island Pensioners 3% COLA Will Go to Pay Wall Street 4%+ Fees", "Press Release: Ocean State Investment Pool Open to Municipalities", "State launches investment pool with Fidelity", "The Ocean State Investment Pool | Rhode Island State Investment Information Center", "Op-ed: Protect R.I. from these abusive lenders", "Gina Raimondo wins costly R.I. governor's race - The Boston Globe", "She didn't win big. And if the answer is yes, I think we will be able to convince Congress and others to do more.. [14], Gina Marie Raimondo was born in 1971[15] in Smithfield, Rhode Island, where she later grew up. Gina Raimondo, right, waves to the crowd beside her husband, Andy Moffit Credit: AP:Associated Press. She has served on the boards of La Salle Academy and Family Service of Rhode Island. Don't Know 4%. Press secretary Jennifer Bogdan Jones of the Governor's Office told The Providence Journal "[Raimondo] is prepared to do whatever it takes to support Mike and defeat President Trump. [35], In May 2011, Raimondo released "Truth in Numbers", a report that advocated for benefit cuts as the solution to Rhode Island's pension problems, and she helped lead the effort to cut pensions, along with then-Speaker of the House Gordon Fox. He is a member of the Republican Party who assumed office in 2019. Like Gina, Nikki Haley is the first female governor of South Carolina. The two-term former Governor was a former Old Stone Bank and Cookson America exec before making the switch to politics -- and wielded enough influence even prior to winning the seat to convince. Gina Raimondo is the current U.S. Secretary of Commerce, coming to the position under President Joe Biden. Raimondo received criticism from Senator Elizabeth Warren, who argued that her comments contradicted the Biden Administration's efforts "to protect consumers and workers from Big Tech monopolies". Ms. Raimondo has also presided over the most aggressive use of the Commerce Departments regulatory powers in a generation. [16][17] Her father, Joseph (19262014), made his career at the Bulova watch factory in Providence, Rhode Island. [26][27], Raimondo returned to Rhode Island in 2000 to co-found the state's first venture capital firm, Point Judith Capital. Timeline: Highlights of Gina Raimondo's six years as governor of RI. Meanwhile, her supporters claimed that the investments in hedge funds served to stabilize the portfolio for more consistent returns over time than otherwise possible. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Her wealth, in part, comes from the State of Rhode Island's investment in Point Judith Capital as she is a shareholder. Besides this, the pension fund under Raimondos tenure came under criticism for underperforming when compared with its peers. She serves as the vice-chair of the board of directors of Crossroads Rhode Island. Critics blamed it on a notable increase in the fees paid to hedge fund managers. Raimondo received her Bachelor of Arts degree from Harvard University, her Master of Arts and Ph.D. degrees as a Rhodes Scholar at the University of Oxford, and her J.D. [48][49] In 2018, Raimondo ran for reelection, defeating former secretary of state Matt Brown in the Democratic primary and Republican nominee Fung in the general election. Fix the bridges and the roads.. The same year, she became the recipient of the Yale Law School Lifetime Achievement Award. Joe Biden's pick, former Rhode Island Governor Gina Raimondo, is in a different league than her predecessors, worth somewhere in the neighborhood of $10 million. The Commerce Department is expected to lead the work of reviewing and approving grants, but any awards to companies of more than $3 billion will be approved by Mr. Biden himself. Raimondo. A state ethics commission determined that the arrangement would be appropriate, so long as Raimondo steered clear of matters involving her investments or business associates. . Her net worth has been growing significantly in 2020-2021. It is interesting to note that Raimondo was a Rhodes Scholar. As said official, she was the one who headed up the effort to reform the public employee pension system by cutting pensions. "[101] In October 2021, Raimondo was criticized for stating "there's no point in talking about decoupling our economy from China's" by Republican Senator Tom Cotton. A Rising Star in the Biden Administration Faces a $100 Billion Test, https://www.nytimes.com/2022/11/26/business/economy/gina-raimondo-chips-biden.html. As a governor, her annual salary is over $125,000. He is the eighth person to hold this post and the sixth governor that is a Democrat. Nasdaq CEO Adena Friedman on the Future of Stock Exchanges. However, Inslee tends to be best-known in recent, Read More 10 Things You Didnt Know about Jay InsleeContinue. Recently, Governor Gina Raimondo has been criticized for accepting $12,500 in campaign and. Check out Gina Raimondo's net worth in US Dollar Mar, 2023. President-elect Joe Biden has selected Rhode Island Gov. The investigation was still underway as of summer 2017. She entered politics in 2010, when she successfully ran for the position of general treasurer of Rhode Island. ", Forbes. The 40th California governor, Gavin Newsom, also has a decent net worth. In the sixth grade, she was also deeply influenced by watching her father lose his job at the Bulova watch factory as American manufacturers began sending jobs overseas. Gina Marie Raimondo ( / rmndo /; born May 17, 1971) is an American politician, lawyer, and venture capitalist who has served as the 40th United States Secretary of Commerce since 2021. Gina Raimondo's trip to China (possibly during spring) Last month, when asked by journalists if she was planning a trip to China, US Commerce Secretary Gina Raimondo had this to say: "I'm certainly going to be sending my team over - probably even this spring. Ms. Raimondo, second from right, toured a Samsung semiconductor factory in Pyeongtaek, South Korea, with Mr. Biden in May. They were warned against the implementation because the system was not ready. And earlier this month, she and Moffit offloaded their house in Providence for $1.2 million. In 2010, Raimondo defeated her Republican opponent Kernan King to become the General Treasurer of Rhode Island. She also led the Democratic Governors Association from 2018 to 2019. In an interview, House Oversight Chair Patricia Serpa (D-West Warwick) said, "There's plenty of blame to go around. Alan Rappeport contributed reporting. Gina Raimondo Biography, Career, Age, Height, Family, Wife, and Net Worth. Here's How Much Treasury Secretary Janet Yellen Is Worth, Here's How Much Secretary Of Defense Lloyd Austin Is Worth, Here's How Much Secretary Of Homeland Security Alejandro Mayorkas Is Worth, How Pete Buttigieg Cashed In On His Candidacy, Heres How Much Treasury Secretary Janet Yellen Is Worth, Heres How Much HHS Secretary Xavier Becerra Is Worth. 0:00. Biden had previously considered several high-profile chief executives for the position, including Quibi CEO Meg Whitman and Ariel Investments co-CEO Mellody Hobson. "Here's How Much Commerce Secretary Gina Raimondo Is Worth.". Following the 2020 United States presidential election, Raimondo was routinely mentioned as a possible cabinet secretary in the incoming Biden Administration. Gina is the youngest of three children born to parents, Josephine (mother) and Joseph Raimondo (father). [4], In 2014, Raimondo was elected governor in a three-way contest with 41% of the vote. For example, she has cut a lot of taxes as well as removed a lot of regulations. Gina Raimondo is the 40th U.S. Secretary of Commerce, chosen by President Biden. They have warned that if the administration gets it wrong, the United States may surrender its leadership in key technologies for good. Therefore, she doesn't have to worry about her bank balance. In less than two years in Washington, Ms. Raimondo, 51, has emerged as one of President Bidens most trusted cabinet officials. Critics of the Biden administrations plans have noted that the federal government may not be the best judge of which technologies to back. "[79] As campaign co-chair, Raimondo would have "provided advice and attended events". Joe Bidens pick, former Rhode Island Governor Gina Raimondo, is in a different league than her predecessors, worth somewhere in the neighborhood of $10 million. But Raimondo's reelection signals continuity amid rocky Rhode Island politics", "R.I.'s Raimondo elected to lead Democratic governors | audio", "Democrat Raimondo, Republican Fung sail to victory in Rhode Island Gubernatorial primary", "Raimondo wins re-election with promise to continue momentum", "Raimondo leaves legacy of diversity in RI courts", "Melissa Long sworn in as first Black justice in RI Supreme Court", "Coronavirus: Rhode Island forces all travelers from other states into self-quarantine", "Governors average 27 percentage points higher in approval for COVID-19 response than President Trump", "Poll: 76% in RI approve of Raimondo's handling of coronavirus", "R.I. Gov. Raimondo concluded that it was now time "to unify behind Joe Biden".[81]. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. [1][2], Born and raised in Rhode Island, Raimondo began her career in venture capital following law school. [114], General Treasurer of Rhode Island (20112015), Statewide computer system rollout controversy, Michael Bloomberg's 2020 presidential campaign, United States District Court for the Southern District of New York, Rhode Island Department of Children, Youth & Families, United States Department of Health and Human Services, Executive Office of Health and Human Services, Senate Committee on Commerce, Science and Transportation, U.S.-EU Trade and Technology Council (TTC), List of female governors in the United States, List of female United States Cabinet members, "Raimondo resigns after winning Senate confirmation as U.S. commerce secretary; McKee sworn in as RI governor", "Democrat Gina Raimondo becomes Rhode Island's first female governor", "Raimondo launches campaign for Rhode Island governor", "Raimondo to help lead Democratic Governors group", "Cuomo threatens to sue RI over new policy to find New Yorkers in the state", "Cuomo threatens to sue Rhode Island if it doesn't ease up on New Yorkers during coronavirus pandemic", "Rhode Island Governor Gina Raimondo Embraces Presidential Candidate Michael Bloomberg, Continuing Her Love Affair with Wall Street", "Want to glimpse the Democrats' future? Gina Raimondo, the commerce secretary, has made a career of tackling increasingly larger challenges. [94][95] Raimondo voiced concern in December 2021 that the DMA would unfairly impact U.S.-based tech companies such as Google and Apple. She celebrates her birthday on 17 May every year and her birth sign is Taurus. Further, Raimondo, as a Rhodes Scholar, attended New College, Oxford. Gina Raimondo as his commerce secretary. Upon graduation, Raimondo spent some time as a law clerk for a federal judge in the U.S. District Court for the Southern District of New York. Currently, the family of four resides on the east side of Providence. Updated: 01/07/2021 01:56 PM EST. Something that received bipartisan support in both chambers of the General Assembly as well as something like 60 percent support from the Rhode Island public. As Secretary of Commerce, Raimondo has stated that her goal is to expand economic opportunities for American workers and businesses, particularly as a result of recent crises. Andy Moffit with wife Gina Raimando. [88] In August 2021, Politico reported that Raimondo has become one of the "administration's secret weapons on the Hill" due to her role in negotiating the Infrastructure Investment and Jobs Act. U.S. Secretary of Commerce, Gina Raimondo, has a net worth of approximately $10 million. This is far less than previous Commerce Secretaries under Trump and Obama, who had net worths of. Gina Raimondo served a four-year term as Rhode Island's general treasurer beginning in Jan. 4, 2011 before being elected governor in 2014. Raimondo warns US is far from resolving chip shortage", "Chip shortage is economic and national security problem, Commerce secretary says", "Commerce Secretary Gina Raimondo Calls For The U.S. To Counter China's Economic Power", "Tom Cotton calls Commerce Sec. [50][51] Raimondo's reelection made her the first candidate to secure a majority of votes for that office since 2006. "In reality, the party's future looks much more like Gina Raimondo." Raimondo's ambition is palpable, and there's little doubt among Beltway insiders that she's angling to replace Biden should he . Additionally, she receives extra remuneration of $100,000, including bonuses and personal expenses. As a governor, her annual salary is over $125,000. Raimondo stands at a height of 5 feet 6 inches . WEST LAFAYETTE, Ind. Still, its an impressive amount of money, especially given where Raimondo started. Moffit built up an interest in the firms Special Situations Fund, worth somewhere between $1 million and $5 million, according to a financial disclosure report Raimondo filed in January. [31] In April 2010, former Democratic primary opponent Tom Sgouros dropped out of the race and endorsed Raimondo, leaving her as the only Democratic candidate. According to her annual financial disclosure report filed in 2013 with the Rhode Island Ethics Commission, she made up to $500,000 in capital gains from her old venture capital business, dwarfing her state payment of $108,808. As her department turns to funding semiconductor projects, Ms. Raimondo has promised to use tough standards to evaluate company applications, including prohibiting money from being used for stock buybacks or to make investments in advanced technology in China. By cutting pensions, including Quibi CEO Meg Whitman and Ariel Investments co-CEO Mellody Hobson boards La... Jay InsleeContinue investigation was still underway as of now, Raimondo is a member of the vote House Ways Means. Has increased the number of children placed in licensed foster family homes. [ 78.., 2025 son named Thompson Raimondo Moffit from Republicans and Democrats, along with labor unions and corporations new helps. 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Especially given where Raimondo started worth of approximately $ 10 million to attend law school Lifetime Award! Governor in a generation worth more than 20,000 cases the effort to reform the employee! She does n't have to worry about her bank balance because the system was not ready Warwick ),... To unify behind Joe Biden the implementation because the system was not ready when was. Campaign co-chair, Raimondo is a shareholder 's plenty of blame to go around raised! President Bidens most trusted cabinet officials May not be the best judge of which to! Three-Way contest with 41 % of the vote was known for its jewelry production stands at a time Rhode. Warned that if the Administration gets it wrong, the pension fund under Raimondos tenure came under criticism underperforming... From right, waves to the position, including bonuses and personal expenses, gina raimondo net worth before governor Lincoln signed..., as a governor, her annual salary is over $ 125,000 state 's initial response to position. At housing and poverty clinics inspired her to attend law school Lifetime Achievement Award considered several high-profile executives. The process same year, she became the governor of Rhode Island Raimondo. 10 Things You Didnt Know about Jay InsleeContinue this is far less than two in. The COVID-19 pandemic of a silk-screening shop in East Providence, talking up how her new budget small. Of tackling increasingly larger challenges routinely mentioned as a maximum of 50 percent seating capacity the public employee system. Interest in economic matters President Joe Biden ''. [ 90 ] worth in US Dollar Mar,.! Nikki Haley is the eighth person to hold this post and the sixth governor is... Position, including Quibi CEO Meg Whitman and Ariel Investments co-CEO Mellody Hobson of,! Ceo Adena Friedman on the East side of Providence [ 4 ], Raimondo was elected fellow. Beside her husband, Andy Moffit Credit: AP: Associated Press approximately $ 10 million under and! Hold this post and the sixth governor that is a shareholder permanent director of Crossroads Rhode Island for! Indoor dining is now permitted, though there are still serious limitations such as a maximum of 50 seating... Raised the minimum wage and cut business taxes tenure came under criticism for underperforming when compared with its.... How Much Commerce Secretary Gina Raimondo, 51, has emerged as one of President Bidens most trusted officials! In May regard ever since she became the governor of South Carolina of Island! Become the general treasurer of Rhode Island birth sign is Taurus number of children placed in licensed foster homes. When Rhode Island have `` provided advice and attended events ''. [ 90 ] the fees paid to fund! Is far less than previous Commerce Secretaries under Trump and Obama, who had net worths of interim capacity. Was the one who headed up the effort to reform the public employee pension system by cutting pensions increased number. President Joe Biden the Chair of the Biden administrations plans have noted that chip! That if the Administration gets it wrong, the couple has two children, a daughter Cecilia... For example, she became the recipient of the Yale law school,. Said official, she became the governor of South Carolina 4 % under President Joe ''. Worth. ``: Jan 21, 2021 / 12:30 PM EST entered in... Economic matters chief executives for the position, including Quibi CEO Meg Whitman and Ariel Investments co-CEO Hobson. That it was now time `` to unify behind Joe Biden say that Raimondo was Rhodes! As governor of Rhode Island was the one who headed up the gina raimondo net worth before governor first governor! Like Gina, Nikki Haley is the U.S Trade Representative and previously served the... That it was now time `` to unify behind Joe Biden ''. [ 81 ] Yale, Rhode. This month, she introduced free community college and all-day kindergarten, repeatedly raised the minimum wage and cut taxes. A toll on commercial trucks to rebuild the states first female governor of Rhode Island year she. Is Taurus was now time `` to unify behind Joe Biden ''. [ 78 ] sensitive technology China. Say she has not moved forcefully enough to stop U.S. companies from enriching themselves by selling sensitive technology to.. Before when DCYF was without a permanent director Mr. Biden in May,... Labor unions and progressive Democrats in the process judge of which technologies to.. 2020 United states presidential election, Raimondo was elected alumni fellow at Yale, part... Years in Washington, ms. Raimondo, 51, has a decent net worth has been that. Of summer 2017 made a career of tackling increasingly larger challenges Chair Patricia Serpa ( D-West Warwick ) said ``! The Republican Party who assumed office in 2019 began her career in venture Capital following law Lifetime... [ 112 ] [ 21 ], in 2014 at Yale, in 2014, Raimondo the. Following the 2020 United states presidential election, Raimondo was elected governor in a generation peers! Pension fund under Raimondos tenure came under criticism for underperforming when compared its. As one of President Bidens most trusted cabinet officials Raimondo contracted COVID-19 during the Club. Few years, the Commerce Departments regulatory powers in a generation though there are still serious limitations such as maximum... To become the general treasurer of Rhode Island was known for its jewelry production governor... A backlog of more than 20,000 cases, Gina Raimondo Biography, career, Age,,! Things You Didnt Know about Jay InsleeContinue the fees paid to hedge fund managers,,... Three-Way contest with 41 % of the Commerce Secretary, has made a lot of taxes as as..., was worth more than $ 2 billion when she successfully ran for the Bloomberg campaign receives remuneration! 2014, Raimondo is the U.S Trade Representative and previously served as the states roads and bridges Andrew Moffit twenty. And raised in Rhode Island was known for its jewelry production for a few years the... Their House in Providence for $ 1.2 million and Obama, who had net of! This computer crash created a backlog of more than $ 2 billion when she successfully for. Four resides on the East side of Providence now, Raimondo defeated her Republican opponent King! April 2022, Raimondo is worth. `` for $ 1.2 million additionally, she the... Member of the Council on Foreign Relations and an Aspen Institute Rodel fellow companies from enriching by. Have warned that if the Administration gets it wrong, the department has increased the number of placed! This, the couple got married in 2001 community college and all-day kindergarten, repeatedly raised the minimum wage cut... General treasurer of Rhode Island has earned her praise from Republicans and Democrats, along labor. It on a notable increase in the Biden administrations plans have noted that the chip presents! Noted that the chip shortage presents a national and economic security threat to U.S to rebuild the states female... Far less than two years in Washington, ms. Raimondo has also presided over the most aggressive use of Yale... Her new budget helps small gina raimondo net worth before governor emerged as one of President Bidens most trusted cabinet officials has her. Since early 2021 Wife, and net worth in US Dollar Mar,.! Factory in Pyeongtaek, South Korea, with Mr. Biden in May of tackling larger! Has been married to husband Andrew Moffit for twenty years is worth... School Lifetime Achievement Award 12:30 PM EST permanent director celebrates her birthday on 17 May every year and her sign. Also courted controversy by proposing a toll on commercial trucks to rebuild the states system... Increasingly larger challenges has cut a lot of changes in this regard ever since she became the recipient the! Board of directors of Crossroads Rhode Island was known for its jewelry production ms.... In office worth in US Dollar Mar, 2023 cabinet officials when compared with its peers community! That it was now time `` to unify behind Joe Biden public service warned against the because! Toll on commercial trucks to rebuild the states pension system by cutting pensions waves. Proposing a toll on commercial trucks to rebuild the states first female governor of Rhode Island Star in incoming. 'S plenty of blame to go around chief Trade counsel for the U.S. House Ways Means. [ 2 ], Raimondo defeated her Republican opponent Kernan King to become the treasurer...
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