gina raimondo husband net worth
It produced mediocre returns, averaging 5.4% annually, according to state records. Raimondo is expected to join President-elect Joe Biden's cabinet as Secretary of Commerce. The family live in Providence with their rescue dog Sparky.
On March 28, 2020, New York Governor Andrew Cuomo threatened Raimondo with a lawsuit over a new state quarantine policy, which would make sure people from New York, which had been hit hard by the COVID-19 pandemic, would self-quarantine for 14 days upon arrival in Rhode Island. She grew up in Smithfield, Rhode Island, the youngest of three children in an Italian-American family. Net Worth in 2021.
Of Italian descent, she is the youngest of Josephine (Piro) and Joseph Raimondo's three children. RHODE Island Governor Gina Raimondo has been married to husband Andrew Moffit for twenty years. [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. Point Judith was a modestly sized outfit, managing about $100 million in two funds. Under Governor Raimondos leadership, Rhode Island has been "a national leader in responding to the COVID-19 pandemic, with the most tests per capita in the nation and one of the fastest-recovering economies," according to the Office of the Governor. They first meet at During Raimondo's tenure, the Department of Commerce sanctioned NSO Group for selling spyware technology. Also, she receives $100,000 in extra remuneration, including bonuses and personal expenses. [45], In 2014, Raimondo ran for governor of Rhode Island, and won a contested Democratic primary against Providence mayor Angel Taveras and former Department of Education official Clay Pell. In 2020, Raimondo picked one of her old business partners to serve as a trustee for the University of Rhode Island.
$1 Million $5 Million. She and her husband are blessed with two children Cecilia and Thompson [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". Gina Raimondo: Birthday: May 17, 1971: Age: 49 years: Gender: Female: Height: 5 feet and 6 inches: Weight: 55 kg: Nationality: American: Profession: Politician: Parents: Josephine Raimondo and Joseph Raimondo: Siblings: 2: Net Worth: $300 million: Married/Single: Married: Husband: Andrew Moffit (m. 2001) Children: Thompson Moffit Meet The Politician's Family. Her political profession is her main source of wealth. Ginas Husband Gina was married to Executive Officer of Technical Company Andrew Kind Moffit on November 1, 2001. [4], In 2014, Raimondo was elected Governor in a three-way contest with 41% of the vote. { 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. [60] The Raimondo Administration received several letters from the federal government in August and September 2016 warning that UHIP was not ready to be launched. @JoeBiden has been a champion for women throughout his decades in public service. Raimondo is viewed as a relatively traditional choice for commerce secretary. A member of the Democratic Party, she previously served as the 75th governor of Rhode Island from 2015 to 2021, and is the first woman to serve in the role. Likewise, he workedas a Chief People Officer for PathAI, a Massachusetts-based artificial intelligence business sponsored in part by Danhua Capital. Moffit is the Director of Industry Learning for McKinsey & Company, a leading management consulting firm. Her annual salary is $125,000 and her estimated net worth is $5 million. Apart from politics, Gina is active in social works as well. Until 2011, she was an administrator of Women and Infants Hospital and chair of its Quality Committee. [14], Raimondo was the only Cabinet member not to attend Joe Biden's first State of the Union address on March 1, 2022, since she was chosen as the designated survivor.
Her primary source of income is her political career. Prior to her election, she served as General Treasurer of Rhode [] "Meet the Contenders for Bidens Cabinet. Required fields are marked *. [41] As of November 2021, the OSIP program is currently managed by Fidelity Investments. })(document); Andy Moffit is the current First Gentleman of Rhode Island. The Census Bureau, the federal government's largest statistical agency, has faced delayed releasing the results of the 2020 census results due to coronavirus delays and changes by the Trump administration. Webgina raimondo husband net worth. [67] In a period between January 2016 and December 2017, there were 31 fatalities or near fatalities of children in its care, with eight being confirmed fatal. Pleasant, Andy Moffit went to the University of Michigan for undergraduate studies. RHODE Island Governor Gina Raimondo has been married to husband Andrew Moffit for twenty years.
During her tenure as governor, Raimondo implemented a program of investments in economic development, job training, tax cuts, infrastructure, and the elimination of regulations to support businesses and boost Rhode Island's economy. If confirmed by the Senate, Raimondo would oversee the U.S. Commerce Department'sportfolio of federal agencies including the Census Bureau. She is from United States. Messner opined that "Launching a system without having conducted a live pilot is against the intent of the regulations and against our best advice." The legality of RIRSA was challenged in court by the public employee unions, but a settlement was reached in June 2015. wid: "393218", [6] Reelected in 2018, Raimondo was tasked with overseeing the state's initial response to the COVID-19 pandemic. She is from United States. Long, the first Black woman to serve on the Rhode Island Supreme Court.[54]. Before her career in public office, Raimondo was a founding employee at investment firm Village Ventures, and also co-founded her own venture capital firm, Point Judith Capital. Now her major source of income is politics has a net worth of approximately $ 300 Million. She is from United States. Ginas Husband Gina was married to Executive Officer of Technical Company Andrew Kind Moffit on November 1, 2001.
The book discusses how school systems could deliver outcomes from strategic transformation projects. . A member of the Democratic Party, she previously served as the 75th governor of Rhode Island from 2015 to 2021, and is the first woman to serve in the role. As of December 2020 DCYF does not have a permanent director. [34] On November 2, 2010, Raimondo was elected general treasurer, defeating Republican nominee Kernan F. King by a margin of 62% to 38%.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Around 2006, the State of Rhode Island invested $5 million into one of Raimondos funds. Messner said in the letter which local news outlets described as "strongly-worded" that "the transition plan remains inadequate and unacceptable." [87], Raimondo was duly sworn in by Vice President Kamala Harris on March 3, 2021. Biden had previously considered several high-profile chief executives for the position, including Quibi CEO Meg Whitman and Ariel Investments co-CEO Mellody Hobson. Her annual salary as a governor is over $125,000. Gina Raimondos income source is mostly from being a successful . [76] Aucoin has served in an interim director capacity twice before when DCYF was without a permanent director. [24] Raimondo has stated that her experience working at housing and poverty clinics inspired her to attend law school. 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
So, how much is Gina Raimondo worth at the age of 51 years old?
In May 2020, writer George Will wrote in favor of Raimondo being chosen as Biden's running mate in the 2020 election.
gina raimondo husband net worth. $500 million in funds could be eligible for the program, which would enable Treasury "to extend its expertise to municipalities and improve investment returns by creating economies of scale". Before becoming a politician, Raimondo worked at venture firms. His mother teaches German language and literature at Central Michigan University in Mount Pleasant, and his father retired as an education professor there. [38] Raimondo's critics attributed the underperformance to a sharp increase in fees paid to hedge fund managers while her supporters argued investments in hedge funds stabilize investments during market downturns for more consistent returns over time. Raimondo is the 40th Secretary of Commerce and was previously the governor of Rhode Island. The two firms teamed up on certain deals, including one involving a medical-device company named Novare Surgical. Raimondo concluded that it was now time "to unify behind Joe Biden".[81]. Following the 2020 United States presidential election, Raimondo was routinely mentioned as a possible cabinet secretary in the incoming Biden Administration. Bell went on: "Medicaid terminations need to be done with some due process. Now her major source of income is politics has a net worth of approximately $ 300 Million. Gina Raimondo's husband Andrew Moffit is an associate with the management consulting company named McKinsey & Company in New York. We also share information about your use of our site with our social media, advertising and analytics partners. This website uses cookies to improve your experience while you navigate through the website. Gina is the youngest of three children and grew up in a close-knit Italian-American household. In 2019, she reportedly made over $800,000 on her firm's payouts. Height, Age & Physical Attributes How tall is Gina Raimondo? She is from United States.
The same year, she became the recipient of the Yale Law School Lifetime Achievement Award. [5] While in office, Raimondo was elected to serve as vice chair of the Democratic Governors Association (DGA) for the 2018 election cycle. Gina Raimondo an American politician who is the first woman to serve as the governor of Rhode Island. [89] In April 2022, Raimondo contracted COVID-19 during the Gridiron Club and Foundation Dinner.[90]. He has been in the office since January 6, 2015 when his wife Gina Raimondo succeeded Lincoln Chafee as Governor of Rhode Island. We'll assume you're ok with this, but you can opt-out if you wish.
But opting out of some of these cookies may have an effect on your browsing experience. Raimondo promised to recuse herself from matters involving her old firm. Investments included a communications-tower company named Optasite, a healthcare firm called MedOptions and a Rhode Island beer business known as Narragansett Brewing, according to a confidential Point Judith presentation released through a public records request. He is also an Adjunct Lecturer at Brown University and Harvard Graduate School of Education. Her mother, Josephine Raimondo, is on the board of directors at St. Philip's School in Greenville. After being together for a few years, the couple got married in 2001. 'https' : 'http';
We have estimated Gina Raimondo's net worth , money, salary, income, and assets. Gina earned a Bachelor of Arts degree magna cum laude in Economics from Harvard College in 1993. She has served on the boards of La Salle Academy and Family Service of Rhode Island.[114]. Like Gina, Nikki Haley is the first female governor of South Carolina. So, how much is Gina Raimondo worth at the age of 51 years old? A member of the Democratic Party, she previously served as the 75th governor of Rhode Island from 2015 to 2021, and is the first woman to serve in the role. 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. But Raimondo soon changed fields, electing to pursue finance. is peter cetera married; playwright check if element exists python. She also co-founded her own venture capital firm, Point Judith Capital. Federal officials judged that the state was not compliant in lowering a significant case backlog, starting a sufficient call-center, adequate staff training, and improving wait times at Health and Human Services field offices. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. The couple has two kids. Copyright 2021, All Right Reserved MARRIEDCELEB. Gina Raimondos income source is mostly from being a successful . [102], Following the 2022 Russian invasion of Ukraine, the Department of Commerce under Raimondo implemented export controls in order to restrict Russia's access to military technology. [18] Raimondo appointed more judges of color than any of her predecessors,[53] including Melissa A. Also, she was the second woman to hold the position of general treasurer of Rhode Island from 2011-2015. They should not come from a notoriously glitchy computer system. There is no exact information on Raimondo's fortune and net worth. While Raimondo was running Rhode Island, her husband Andy Moffit was working for McKinsey & Company, the global consultancy. Ginas Husband Gina was married to Executive Officer of Technical Company Andrew Kind Moffit on November 1, 2001. 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. las vegas high school student charged with battery; quincy johnson obituary mississippi; gina raimondo husband net worth. It was a rough time for my family, his daughter recalled during her January nomination hearing. Ultimately, his workplace, the Bulova watch factory, moved overseas, forcing the elder Raimondo into an early retirement in his 50s. [14], Gina Marie Raimondo was born in 1971[15] in Smithfield, Rhode Island, where she later grew up. Her wealth, in part, comes from the State of Rhode Island's investment in Point Judith Capital as she is a shareholder.
Before that, she served as Rhode Island's general treasurer and spearheaded landmark pension reform by working on the state's unfunded pension liability in the amount of $7 billion.
She is a member of the Democratic Party, she is the first woman to serve as Governor of Rhode Island. [26][27], Raimondo returned to Rhode Island in 2000 to co-found the state's first venture capital firm, Point Judith Capital.
Gina Marie Raimondo (born May 17, 1971) is an American politician and venture capitalist serving, since 2015, as the 75th Governor of Rhode Island. [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. They have been married for nearly 19 years as of 2020. ", U.S. Department of Commerce. ", Ballotpedia. Her husband is Andrew Moffit (m. 2001) Gina Raimondo Net Worth Her net worth has been growing significantly in 2020-2021. [62] In February 2017, Executive Secretary of Health and Human Services Elizabeth H. Roberts resigned from her cabinet post in the Raimondo Administration[63] due to the failed roll-out of the UHIP.
}; During 12 years of service in this sector, he helped found McKinseys Global Education Practice. [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. She is from United States. @JoeBiden has been a champion for women throughout his decades in public service.
Completing high school education from a local school in Mt. [11][12][13] Chosen to serve as Secretary of Commerce by President Joe Biden,[1] Raimondo played a leading role in negotiations for the Infrastructure Investment and Jobs Act in 2021.
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Her husband is Andrew Moffit (m. 2001) Gina Raimondo Net Worth Her net worth has been growing significantly in 2020-2021. And earlier this month, she and Moffit offloaded their house in Providence for $1.2 million. [7][8] On March 29, Raimondo repealed the order that specifically referred to New Yorkers, and broadened it to include any out-of-state traveler entering Rhode Island with intent to stay. WebGina 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. She received a Master of Arts and Doctor of Philosophy in Sociology. The state remained invested in her former fund. [59] This computer crash created a backlog of more than 20,000 cases. Her husband is Andrew Moffit (m. 2001) Gina Raimondo Net Worth Her net worth has been growing significantly in 2020-2021. Her primary source of income is her political career.
You may opt-out by. These include white papers, government data, original reporting, and interviews with industry experts. Prior to her election, she served as General Treasurer of Rhode [] The Raimondo Administration ultimately ignored the federal warnings resulting in benefit delays, system downtime, and benefit loss caused in error. Her political profession is her main source of wealth. "[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. They were warned against the implementation because the system was not ready. Andy Moffit and his wife, Gina Raimondo, met while studying at Oxford University in the UK. They have two children: Cecilia and Thompson. Andrew went to a public school in Mt. [111] The couple have two children, Cecilia and Thompson Raimondo Moffit. Both Ceci and Tommy are school kids at the moment. Gina Raimondo is happily married to Andrew Kind Moffit. The couple has two children, a daughter named Cecilia and a son named Thompson Raimondo Moffit.
[18] However, Senator from California Kamala Harris was chosen as Biden's running mate instead. [63], In March 2017, Rhode Island Monthly reported that the U.S. Department of Justice opened an investigation into UHIP, specifically false claims and statements made about the Health and Human Services computer network rollout. Though first seen as a likely Secretary of Health and Human Services, Raimondo announced on December 3, 2020, that she would not be taking that role. [23][24] Raimondo received her Juris Doctor degree from Yale Law School in 1998.
[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.
As a member of the firm McKinsey & Company, Andrew looks after its learning leadership team, which is in charge of planning and delivering learning programs and opportunities for more than 10,000 consultants worldwide. Likewise, he served some years as Chairman of the Providence Water Supply Board. The Department of Commerce (DOC) is the cabinet department in the U.S. government that deals with business, trade, and commerce to ensure economic vitality. [96] In March 2022, Warren accused Raimondo "lobbying on behalf of Big Tech". Language links are at the top of the page across from the title. [33], Running a candidacy that emphasized her business credentials, Raimondo pledged to "use the power as the chief investment officer to lean on banks to invest again". Additionally, she receives extra remuneration of $100,000, including bonuses and personal expenses. Moreover, he developed a course titled Strategic Management for School System Excellence which he teaches to the student at Brown University and Harvard Graduate School of Education. State executive salariesOffice and current officialSalaryGovernor of Rhode Island Daniel McKee$145,755Lieutenant Governor of Rhode Island Sabina Matos$$122,740Attorney General of Rhode Island Peter NeronhaRhode Island Secretary Gina Raimondos income source is mostly from being a successful . Now her major source of income is politics has a net worth of approximately $ 300 Million. [82] She was also considered for Secretary of the Treasury.
President-elect Joe Biden is expected to nominate Raimondo to be Secretary of Commerce in his cabinet. ", Democratic Governors. As of December 2020, 83% of all children placed in out-of-home care are placed in a foster home. 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. [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 year she got her law degree, she began clerking under Kimba Wood, a federal judge for the Southern District of New York. Rather than divest her venture-capital holdings, Raimondo elected to put them in a trust, which she handed off to someone else to manage. We also use third-party cookies that help us analyze and understand how you use this website. Messner also pointed out that the state had failed to gradually launch UHIP in phases or administer a live pilot test of UHIP. 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. d.getElementById("contentad393218").appendChild(s); 
So, how much is Gina Raimondo worth at the age of 50 years old?
WebGina 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. [67] Raimondo appointed Trista Piccola as her new DCYF director in January 2017. Not only did they implement it, they displaced all of the most senior workers with the wealth of experience.
document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 BiographyTree. Also, a venture capitalist, Gina is one of the nine current female governors of the United States.
Then, he joined Yale Law School for a Juris Doctorate degree. ", Politico. In early February 2020, Raimondo appeared alongside former Republican New York City Mayor and Democratic presidential hopeful Michael Bloomberg at the Wexford Innovation Center in Providence to endorse his candidacy, a move she described as "an easy call". Raimondo was elected alumni fellow at Yale, in 2014. Gina Raimondo an American politician who is the first woman to serve as the governor of Rhode Island.
He also worked for Teach For America as an elementary school teacher. Who Is Gina Raimondos Husband?
Gina was a senior vice president for fund developments at a company called Village Ventures in New York. A venture capitalist, Raimondo is married to her husband, Andrew Kind Mottif. Investopedia requires writers to use primary sources to support their work. Gina Raimondo, right, waves to the crowd beside her husband, Andy Moffit Credit: AP:Associated Press. Skip to content Net Worth Famous people's net worth Menu Close Menu Net Worth Famous people's net worth Home Networth
Both Ceci and Tommy are school kids at the moment. [40] The program officially launched on April 23, 2012. [3], During her first year as general treasurer, she prioritized reforming Rhode Island's public employee pension system, which was 48% funded in 2010. [28] At Point Judith, Raimondo served as a general partner covering health care investments; she retains some executive duties with the firm. Raimondo has degrees from Harvard and Yale and is a Rhodes Scholar from Oxford University. Her tax returns reportedly showed an $889,000 payout from the investments in 2018. id: "96220e5d-b43a-44f2-bae8-6cba7e69115c", Andy Moffit and his wife, Gina Raimondo, met while studying at Oxford University in the UK. 
On the orders of Raimondo, the UHIP launch occurred as planned despite these federal warnings. Gina's net worth as of 2022 is $300 million. (function(d) { U.S. Department of Commerce. RHODE Island Governor Gina Raimondo has been married to husband Andrew Moffit for twenty years.
Moffit did his post-graduate education at the University of Oxford, UK. 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. The couple has two kids. Andy Moffit with wife Gina Raimando Career Gina Raimondo's net worth is not known as of 2022. Gina Raimondos net worth is estimated to be around $300 million USD . [74] The federal report noted that DCYF services were "inadequate, not developed when needed, or lacked consistent monitoring". Her family is Italian-American, thus making her family of Italian origin. Vice President Kamala Harris swore her in on March 3, 2021, and her tenure ends on January 20, 2025. Secretary of the Rhode Island Executive Office of Health and Human Services and Raimondo cabinet member Womazetta Jones said in December 2019 that she was "very determined to stay the course of not hiring anybody unless it's the right person". We have estimated Gina Raimondos net worth, money, salary, income, and assets.
Gina Raimondo Net Worth The estimated net worth of Gina Marie is around $5 million. Her primary source of income is her political career. Venture capitalist turned politician Gina Raimondo is happily married to her loving husband, Andrew Kind Moffit. 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. Skip to content Net Worth Famous people's net worth Menu Close Menu Net Worth Famous people's net worth Home Networth This is a BETA experience.
She was one of the first girls allowed to attend the Catholic school, where she graduated as valedictorian. She is from United States. [65] In January 2020, State Senator Sam Bell said a Rhode Island Senate Fiscal Report on Raimondo's budget proved that "a single UHIP update kicked 5,500 Rhode Islanders off their Medicaid" in November 2019 without due process and the decisions were based on a computer update. Her annual salary as a governor is over $125,000. For her doctorate, she attended Oxford University, where she won a Rhodes Scholarship and met her future husband, Andy Moffit. They first meet at