Net Worth
Category | Amount |
---|---|
Net Worth | $400 million |
Salary | N/A |
Birthdate | May 20, 1954 |
Birthplace | Phoenix, Arizona |
Gender | Female |
Height | N/A |
Profession | Businesswoman, Philanthropist |
Nationality | American |
Highlights
Cindy McCain, an American businesswoman and philanthropist, has an estimated net worth of $400 million. She inherited majority ownership of the beer distribution company, Hensley & Co., which contributes significantly to her wealth. She currently serves as the chairwoman of the company. Cindy is also known for being the widow of John McCain, a long-serving senator and former Presidential candidate.
Throughout her life, Cindy has been actively involved in charity organizations and has close ties to various philanthropic causes. She is also known as the mother of Meghan McCain, a well-known talk show host.
Early Life
Cindy Lou Hensley was born on May 20th, 1954, in Phoenix, Arizona. She was raised in an affluent family by her parents, James Hensley and Marguerite Hensley. After graduating from high school, Cindy pursued her education at the University of Southern California. She completed her Bachelor of Arts in education in 1976 and obtained a Master of Arts degree in special education in 1978.
Despite being offered a role in the family business, Cindy chose to work as a special education teacher in Avondale, Arizona, for a year.
Career
In 2000, Cindy McCain inherited majority control of Hensley & Co., a beer distribution company founded by her father. She took over as the chairwoman of the company after her father’s passing. Hensley & Co. generates over $400 million in revenue annually and employs more than 1,200 people. It is the third-largest Anheuser-Busch distributor in the United States and one of the largest privately-owned companies in Arizona.
Personal Life
Cindy McCain married John McCain, her husband, in 1980. Although John was already married at the time, he divorced his first wife and married Cindy. The couple signed a prenuptial agreement that ensured Cindy’s finances remained under her control, and they filed separate tax returns. While Cindy didn’t provide financial support to John, she lent him money for his political campaigns.
During her husband’s political career, Cindy faced personal challenges. She developed an addiction to Percocet and Vicodin in 1989 after undergoing spinal surgery. Her addiction, combined with the political scandals John faced, led to accusations and scrutiny regarding her substance abuse. However, her family staged an intervention, and she eventually overcame her addiction.
Net Worth Over Time
As the chairwoman of Hensley & Co., Cindy McCain’s net worth has steadily grown over the years. With an estimated net worth of $400 million, she has amassed considerable wealth through her family business and other investments.
Components of Net Worth
Cindy McCain’s net worth primarily consists of her ownership stake in Hensley & Co., which generates significant annual revenue. Additionally, she has made real estate investments, including a $2.8-million home in Phoenix, Arizona. The McCain family also owns a ranch in Cornville, Arizona, and several condos in California and Virginia.
Furthermore, Cindy has actively contributed to charitable causes, including private schools and the US Naval Academy Foundation. These donations showcase her commitment to philanthropy.
(Note: The original article provided did not include information about Cindy McCain’s height or exact salary, so those fields are marked as “N/A” in the table.)
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