As a politician and entrepreneur, Darrell Issa has accumulated significant wealth, combining successful business ventures with a long-standing political career.
Andomoney brings you a deep dive into Darrell Issa net worth and how his background, business investments, and impactful roles in Congress contributed to his financial success.
Issa’s journey from Directed Electronics Inc. to managing Greene Properties and representing California’s 50th district shows the steps he took to establish his financial footprint.
Below, we’ll analyze Issa’s career, financial highlights, and the influence he’s held over the years.
Quick Facts
FACT | DETAIL |
---|---|
Real Name | Darrell Edward Issa |
Popular Name | Darrell Issa |
Gender | Male |
Birth Date | November 1, 1953 |
Age | 70 |
Parents | Martha Bielfelt, William Issa |
Siblings | Five |
Birthplace | Cleveland, Ohio, U.S. |
Nationality | American |
Ethnicity | Lebanese-American, German, Czech |
Education | Siena Heights University (1976), Kent State University at Stark (1976), Cleveland Heights High School (1970) |
Marital Status | Divorced |
Spouse | Marcia Enyart (divorced), Kathy Stanton (divorced) |
Children | 1 |
Dating | N/A |
Net Worth | $460 million |
Source of Wealth | Business, U.S. Congress |
Height | N/A |
What is the Net Worth Of Darrell Issa in 2024?
In 2024, Darrell Issa’s net worth stands at approximately $460 million, which places him among the wealthiest in the political sector.
Compared to other influential figures, Issa’s net worth is substantial, largely due to his successful business ventures and wise real estate investments.
His wealth stems from the automotive security industry, with companies like Directed Electronics, and is bolstered by real estate holdings in San Diego County.
If you’re interested in exploring top wealth holders in politics, read more about the wealthiest political figures like Issa and others.
- Donald Trump
- Mitt Romney
- Nancy Pelosi
- Richard Blumenthal
- Michael Bloomberg
- Sheldon Adelson
- Jerry Brown
- Ron DeSantis
- Kamala Harris
- Barbara Boxer
Darrell Issa Salary and Finance Overview
Background and Early Life
Darrell Issa’s financial journey began with a modest upbringing in Cleveland, Ohio, as one of six siblings. His background is a mix of Lebanese, German, and Czech ancestry.
After leaving high school, he joined the U.S. Army, where he gained experience as an Explosive Ordnance Disposal technician. These early experiences likely developed his interest in security, which later translated into a successful business venture.
Business Ventures that Contributed to His Wealth
One of Issa’s most notable financial successes came with his co-founding of Directed Electronics Inc. (DEI) in 1982.
DEI quickly established itself as a leader in the automotive security sector, creating the Viper alarm system, which became iconic in car security.
His leadership grew the company’s annual sales from $1 million in its first year to over $60 million by the time he sold his stake in 1999. This early business triumph laid a substantial foundation for his wealth.
Real Estate Investments and Greene Properties
Apart from Directed Electronics, Darrell Issa’s real estate investments have significantly contributed to his wealth.
As CEO of Greene Properties, he oversees a portfolio of commercial properties, primarily in North San Diego County.
This real estate firm manages multiple office spaces and has grown over the years to become a reliable source of revenue.
His expertise in real estate diversification has allowed Greene Properties to thrive within the San Diego commercial real estate market, securing long-term financial stability.
His Political Career and Associated Income Sources
Issa’s role in U.S. Congress began in 2000, representing California’s 48th district. His income from Congress, estimated at $174,000 annually, forms part of his net worth, though his influence and financial impact reach far beyond a standard salary.
Serving as Chair of the House Oversight Committee from 2011 to 2015, Issa gained substantial visibility, becoming known for his dedication to transparency and accountability.
His political influence, paired with business acumen, contributed to both his financial growth and his recognition as a high-profile public servant.
Major Legislative Contributions and Influence
During his tenure as the Oversight Committee Chair, Darrell Issa led investigations into topics ranging from the Obama administration’s policies to issues within the FDA and WikiLeaks.
His legislative contributions included sponsorship of the Digital Accountability and Transparency Act and support for federal transparency initiatives.
His public influence and legislative contributions raised his profile within Congress, which in turn added to his financial and political leverage.
His Public Influence and Legacy in Business and Politics
His time with Directed Electronics marked his entry into the public eye, while his congressional career has allowed him to leverage his business experience for broader political influence.
His focus on transparency, combined with his impressive business acumen, forms a unique legacy that spans both the business and political arenas.
FAQs about Darrell Issa
Where was he born?
He was born in Cleveland, Ohio.
What businesses did he establish?
He founded Directed Electronics, specializing in automotive security systems, and Greene Properties, a real estate investment company.
What is his educational background?
He attended Siena Heights University and earned a Bachelor of Arts in business administration.
What is his current age?
As of 2024, he is 70 years old.
What was his role in Congress?
He served as a U.S. Representative and was the Chair of the House Oversight Committee from 2011 to 2015.
What political party is Darrell Issa affiliated with?
He is affiliated with the Republican Party.
What companies did he invest in?
His primary investments include Directed Electronics, Greene Properties, and various commercial properties.
Who are his family members?
He is the son of Martha and William Issa and has five siblings.
Does Darrell Issa still serve in Congress?
Yes, as of 2024, he represents California’s 50th district.
Conclusion
Darrell Issa’s financial journey showcases a blend of business innovation and political influence. At Andomoney, I encourage readers to share insights, comment, or check out more of our articles at andomoney.com.