Bob Beauprez Net Worth
Bob Beauprez is an American politician and businessman with an estimated net worth of $100 million. He made his fortune through land development and his involvement in the banking industry. Beauprez served as a Republican member of the United States House of Representatives, representing the 7th Congressional District of Colorado.
Table of Contents
- Net Worth
- Highlights
- Early Life
- Career
- Personal Life
- Net Worth Over Time
- Components of Net Worth
Net Worth
Bob Beauprez has an estimated net worth of $100 million. His wealth comes from his successful career in land development and the banking industry. Throughout his political career, Beauprez was known as one of the richest members of the House of Representatives.
Highlights
- Bob Beauprez’s net worth is estimated to be $100 million.
- He made his fortune through land development and banking.
- Beauprez served as a Republican member of the United States House of Representatives.
Early Life
Bob Beauprez was born on September 22, 1948, in Lafayette, Colorado. He grew up on a dairy farm owned by his parents, Joseph and Marie, where he and his siblings helped out from an early age. Beauprez attended Fairview High School in Boulder, Colorado, where he excelled as a member of the football team. After graduation, he went on to study physical education at the University of Colorado and earned a Bachelor of Science degree in 1970.
Career
Bob Beauprez’s political career began in 1997 when he became the chairman of the Boulder County Republican Party. He later served as chairman of the Colorado Republican Party from 1999 to 2002, focusing on getting more Republicans elected in the state through redistricting. In 2002, Beauprez ran for a seat in the U.S. House of Representatives and narrowly defeated Democrat Mike Feeley by just 121 votes.
During his time in Congress, Beauprez served on various committees, including the Veterans Affairs Committee, House Transportation and Infrastructure Committee, and Small Business Committee. He was re-elected in 2004 and served on the House Ways and Means Committee.
In 2006, Beauprez became the Republican nominee for governor of Colorado. Despite running attack ads against his opponent, Bill Ritter, Beauprez was defeated and Ritter won the election with 57.0% of the vote. Beauprez ran for governor again in 2014 but lost to John Hickenlooper.
After his political career, Beauprez founded Colorado Pioneer Action, a non-profit organization dedicated to advancing the ideals of America’s founding. However, the organization faced legal troubles when it was found to have violated campaign finance disclosure laws. Beauprez was fined and ordered to disclose information about the organization’s finances and contributors.
Personal Life
Bob Beauprez married Claudia Paul in 1970, and they have four children. In 2006, he faced criticism for posing in a military-issued uniform despite never having served in the military. Beauprez also drew controversy for his remarks on abortion, including claiming high abortion rates in certain ethnic communities.
Net Worth Over Time
Throughout his career, Bob Beauprez’s net worth has fluctuated. In his asset disclosure in 2006, he estimated his net worth to be between $9.5 million and $55 million. Currently, his net worth is estimated to be $100 million.
Components of Net Worth
Bob Beauprez’s net worth primarily comes from his successful career in land development and the banking industry. He made his first fortune through land development and later purchased a controlling interest in Heritage Bank. Between 1990 and 2006, the bank’s assets under management grew significantly.
Additionally, Beauprez’s involvement in politics allowed him to accumulate wealth. As a member of the House of Representatives, he was one of the richest members. However, his net worth also faced fluctuations due to the outcomes of his political campaigns.
Overall, Bob Beauprez’s net worth is a result of his various business ventures, political career, and investments.