How much was Herman Cain worth?
| Net Worth: | $5 Million |
|---|---|
| Profession: | Businessman |
| Date of Birth: | December 13, 1945 (aged 74) |
| Country: | United States of America |
| Height: | 6 ft (1.84 m) |
About Herman Cain
Herman Cain was an American activist, author, businessman, and former radio personality that was part of the Tea Party movement. His career began in the late 1970s just after he earned a master’s degree at the Purdue University. Over the course of his career, he was a chairman of the Federal Reserve Bank of Kansas City Omaha, and the National Restaurant Association among others.
Herman Cain was famous for being the chair of the Federal Reserve Bank of Kansas City. He was born on December 13, 1945 in Memphis, Tennessee. He’s the son of Luther, a farm worker turned into a janitor and barber, and Lenora Cain, a cleaning woman and a domestic worker. His father also worked as the chauffeur for the president fo The Coca Cola Company, Robert W. Woodruff. Herman’s family moved to Atlanta when he was young. He grew up in the west side of the city and attended the S.H. Archer High School.
During his teenage years, he was an attendee of Reverent Cameron Alexander’s Antioch Baptist Church, which is known as The Bluff. His family later moved to another house based in the Collier Heights neighbourhood. After his graduation from high school in 1963, he enrolled at the Morehouse College from which he received a bachelor of science in mathematics in 1967. Four years later, he received his master of science in computer science from the Purdue University. At the time, he was working full-time as a ballistics analyst for the United States Department of the Navy.
Being a businessman and activist that served as the chairman of many commissions and campaigns is how the former president candidate became rich. Prior to his business career, Cain worked as an analyser of Burger King and Godfather’s Pizza. In January 1989, he was announced as the chairman of the board of the Federal Reverse Bank of Kansas City and its branch in Omaha. He remained on that position until December 1991. One month later, in January 1992, he became a member of the Federal Reserve Bank of Kansas City. For nearly three years (January 1992 to December 1994), he severed as the deputy chairman. He was then promoted to work as the chairman from January 1995 to August 1996.
Concomitantly with making an estimated $2.5 million from his work in the Federal Reverse Bank, he was consistently making appearances in the media. One of his earliest works in the media was writing a syndicated op-ed Columbian for the North Star Writers Group. In 2009, he appeared in the documentary An Inconvenient Tax. From 2008 to 2011, he directed and hosted his own radio show The Herman Cain Show on WSB. Following the end of his radio show, in 2012, he began working as an occasional commentator for the WSB radio station. By that time, his net worth was an estimated $4.5 million.
Over the past twenty years, Cain has done a lot in the politics. He had a major role in the defeat of Bill Clinton’s health care plan in 1993 and was a senior advisor to Bob Dole’s campaign from 1996. He has ran for U.S. Senate twice, in 2004 and 2012, however, he failed to win both elections. For the past two decades, he has also written multiple books, with the most notable being Speak As a Leader, They Think You’re Stupid, COE of Self, 999 An Army of Davids, This Is Herman Cain and The Right Problems. Just recently, in July 2020, the activist for the Tea Party Movement passed away from COVID-19.
What makes Herman Cain so successful are his business ventures and different professions. In the early 2010s, he began writing weekly online columns titled 999 To See America for Newsmax, a media organisation. He also took over Neal Boortz’s radio talk show after the latter announced his retirement in early 2013. The show was eventually dropped out by the radio station in December 2016. Apart from the radio, Herman has made multiple appearances on Fox News. From March 2019 until his passing, he worked as the panelist for various television shows.
Summing-Up
Herman Cain was one of the most well-liked Republicans. He is a one-time Republican presidential candidate that had many business ventures. Over the course of his career, he was the CEO of Godfather’s Pizza and had important roles in the Federal Reverse Bank of Kansas City.
