Chuck Hagel Net Worth

Charles Timothy Hagel has a net worth of $5 million, according to sources. He was born on 4 October 1946, in North Platte, Nebraska USA, to Elizabeth Dunn and Charles Dean Hagel, and is of German, Irish and Polish descent. Hagel is a politician and businessman, renowned as a co-founder of Vanguard Cellular Systems and a former Republican senator from Nebraska, as well as the US Secretary of Defense under President Barack Obama.

Hagel’s fortune has been accumulated through his cell phone company and political career, beginning in the early ‘70s. He graduated in 1966 from the Brown Institute for Radio and Television in Minneapolis, Minnesota, and obtained a BA degree in history from the University of Nebraska at Omaha in 1971. He also served in the US Army from 1967 to 1968, during the Vietnam War, earning several accolades.

In 1980, Hagel served as an organizer for the Ronald Reagan presidential campaign and was appointed the deputy administrator of the Veterans Administration the following year. He then co-founded Vanguard Cellular Systems, which rapidly became one of the country’s leading cell phone companies, significantly adding to his net worth.

After retiring from the Senate in 2009, he took a teaching position at Georgetown University while serving on various boards of directors. In 2013, Hagel was appointed secretary of defense by President Barack Obama, contributing to his net worth as well.

In his private life, Hagel was married to Patricia Lloyd from 1979 to 1982 and has been married to Lilibet Ziller since 1985, with whom he has two children. The family resides in McLean, Virginia. He is also involved in philanthropy, being a leading member of various organizations such as the United Service Organizations, American Red Cross, Bread for the World, and the Ripon Society.

Hagel’s net worth as of mid-2017 is $5 million. He is a former United States Senator from Nebraska (1997- ).

Source: networthpost.org