Condoleezza Rice net worth is often discussed given her influential roles in U.S. politics, academia, and the private sector.
As one of the most prominent African-American women in history, Rice’s career spans several high-ranking positions, including National Security Advisor and Secretary of State.
In this article, I’ll dive deep into the professional and financial aspects of Rice’s life, highlighting how her achievements have shaped her financial standing.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Condoleezza Rice |
| Popular Name | Condoleezza Rice |
| Gender | Female |
| Birth Date | November 14, 1954 |
| Age | 69 |
| Parents | John Wesley Rice, Angelena Rice |
| Siblings | N/A |
| Birthplace | Birmingham, Alabama, U.S. |
| Nationality | American |
| Ethnicity | African-American, European, Asian |
| Education | PhD, University of Denver |
| Marital Status | Single |
| Spouse | N/A |
| Children | N/A |
| Dating | N/A |
| Net Worth | $12 million (2024) |
| Source of Wealth | Politics, Academia, Business |
| Height | 5 ft 8 in (1.73 m) |
What is the Net Worth Of Condoleezza Rice in 2024?
As of 2024, Condoleezza Rice’s net worth is estimated at $12 million. This wealth stems from her varied career, which spans influential roles in politics, academia, and corporate boards.
She has built a diverse financial portfolio over the years, contributing significantly to her overall income.
When compared to other high-profile figures, Rice’s net worth places her among notable names with substantial influence in both public and private sectors.
Here are a few entities related to Rice’s career that offer useful comparisons:
- George W. Bush
- Colin Powell
- Stanford University
- Chevron
- Dropbox
- Hewlett-Packard
- Madeleine Albright
- Transamerica Corporation
- National Security Council
- Hoover Institution
To explore more profiles of prominent figures, check out our section on the wealthiest political leaders here.
Condoleezza Rice Salary and Finance Overview
Stanford University Positions and Salary
Condoleezza Rice‘s academic career is a crucial component of her financial profile. She currently serves as the Director of the Hoover Institution at Stanford University, a prestigious role contributing to her annual income.
Rice earns approximately $305,000 per year from her position at Stanford, where she also holds professorial duties in political science and global business.
Additionally, she has been a key figure in university leadership, particularly during her tenure as Stanford’s Provost, where she managed a multibillion-dollar budget and secured financial stability for the institution.
Corporate Board Memberships
In addition to her academic roles, Rice has augmented her wealth through strategic corporate board memberships.
One of her most notable positions is on the board of Dropbox, where she earned $405,000 in 2019 alone, including $300,000 in equity.
Over the years, she has accumulated approximately $4 million worth of Dropbox stock, further strengthening her financial portfolio.
Other corporate affiliations, such as Chevron and Hewlett-Packard, have also contributed significantly to her overall income, making corporate ventures a key source of her wealth.
National Security Advisor: Key Decisions and Policies
From 2001 to 2005, Condoleezza Rice served as the National Security Advisor under President George W. Bush. This role not only solidified her reputation but also offered her various public-speaking and consulting opportunities after her tenure.
Rice played a pivotal part in shaping U.S. foreign policy, particularly in relation to the Middle East and nuclear proliferation in North Korea and Iran.
Her influence in these arenas has extended her career beyond politics and into consulting, where she continues to earn significant income.
Secretary of State: Contributions to International Diplomacy
As Secretary of State from 2005 to 2009, Condoleezza Rice’s efforts in transformational diplomacy aimed to promote democracy in the Middle East.
This high-profile position not only elevated her global standing but also expanded her opportunities for lucrative engagements in public speaking, consulting, and writing.
During this time, she logged record travel miles for diplomatic visits, further showcasing her dedication to international diplomacy.
Real Estate and Investments
Real estate has also played a role in Rice’s financial growth. In 1998, Rice and two partners purchased a home in Palo Alto for $500,000, which was later sold for $2.3 million in 2017.
She owned another property in the area from 2008 to 2018, buying it for $1.375 million and selling it for $1.96 million.
Business Ventures and Additional Earnings
Beyond academia and politics, Rice has taken on roles in various corporate boards, including Chevron and Hewlett-Packard, adding diversity to her income streams.
Her expertise in both politics and business makes her a sought-after board member, often earning her six-figure sums in salaries and stock options.
Her involvement in these ventures illustrates how Rice has skillfully managed to integrate her political career with business opportunities.
FAQs About Condoleezza Rice
What was Condoleezza Rice’s role as National Security Advisor?
She served as National Security Advisor from 2001 to 2005, overseeing key foreign policies, including counterterrorism efforts after 9/11.
How did Condoleezza Rice contribute to U.S. foreign policy as Secretary of State?
Rice advanced transformational diplomacy and worked on nuclear non-proliferation efforts in Iran and North Korea during her time as Secretary of State.
What positions does she hold at Stanford University?
Rice is the Director of the Hoover Institution and serves as a Professor in political science and global business at Stanford.
Has she contributed to any corporate boards?
Yes, she has held positions on several corporate boards, including Dropbox, Chevron, and Hewlett-Packard.
What real estate has she invested in?
Rice invested in Palo Alto real estate, with profitable transactions, including a property sold for $2.3 million in 2017.
What is her academic background?
She holds a PhD in Political Science from the University of Denver and has served as a faculty member at Stanford University.
Has Condoleezza Rice ever been married?
No, she has never been married and does not have children.
What awards has she received for her service?
Rice has received numerous awards, including recognition for her leadership and contributions to international diplomacy.
Conclusion
Condoleezza Rice’s impressive career spans multiple sectors, from politics to academia and corporate ventures. To stay updated on her financial journey and learn more about influential figures, visit us at andomoney.com.
