He is an American politician and lawyer. He is a Republican and has served as Texas’ attorney general since January 2015. However, he has been on administrative leave since May 27, 2023, as a result of the Texas House of Representatives’ decision to impeach him. What is Ken Paxton’s net worth after many years in politics? How much is he worth?
If you desire to know how much money he has made in his career, you have got to read this article. Note, however, that we are not just going to be overly fixated on the money he has made but also on the life he has lived and the career he has built for himself over the years.
We will also let you in on the latest news about him. He has recently been in the news, which is why conversations about him have increased. We will let you know what happened to him this week and why he is in the news. So, you are not just going to learn about Ken Paxton‘s net worth; you will also get to know so much about his life and career.
What Happened To Ken Paxton?
In an impeachment hearing before the state Senate on Saturday, Texas Attorney General Ken Paxton was found not guilty. He was charged with abusing his position in order to defend a political donor.
Since May, when the Texas House of Representatives voted to impeach Paxton, he has been on leave from his position. The Senate’s decision on Saturday automatically restores Paxton to his post as attorney general, which he has used to establish a national reputation as a supporter of conservative principles and an opponent of Democratic presidents’ policies.
Before reaching a decision, the senators deliberated for almost nine hours. To impeach Paxton on each of the 16 articles he was up against, a two-thirds vote, or 21 of the 30 senators who could vote, was required. Sen. Angela Paxton, Paxton’s wife, was disqualified from casting a vote.
Only two Texas politicians have ever had their terms as representatives terminated following an impeachment trial.
This decision marks the end of a nearly four-month ordeal that began in May when the Texas House of Representatives, which is dominated by the GOP, unanimously voted to impeach Paxton.
The House acted after Paxton requested $3.3 million to settle a lawsuit with four of his ex-deputies, who sued him after being let go soon after they reported Paxton’s alleged wrongdoings to the FBI.
According to the prosecution, in 2019, Paxton requested legal advice from his senior deputies over a contentious document request involving Nate Paul, an Austin businessman under federal investigation.
The study done by Paxton’s employees revealed that Paul had previous bankruptcies and was the subject of an FBI investigation; as a result, they encouraged Paxton not to make the records public.
A few months later, in 2020, according to Texas House investigators, Paxton allegedly told one of his subordinates that he didn’t want his office to assist the FBI or the Texas Department of Public Safety in their investigation of Paul.
It is for this reason that he has been in the news this week, and people have taken the opportunity to learn more about several aspects of his life. This is why Ken Paxton’s net worth has become a topical issue. So, how much is the US politician worth today?
Ken Paxton Net Worth: How Much Is He Worth?
Ken Paxton’s net worth is estimated to be in the region of $10 million. He has made quite a lot of money in his career. Paxton’s father served in the US Air Force and was stationed at Minot Air Force Base in North Dakota, where he gave birth to Paxton.
Wherever his father was temporarily stationed, his parents and their three children lived in a trailer that was frequently left outside without air conditioning. They have resided in Florida, New York, North Carolina, California, and Oklahoma at various points in time.
Paxton, a devoted football fan, was wearing a jersey that Bill Bates, a former Dallas Cowboy, had signed. Later, Paxton appointed Bates as his campaign treasurer.
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