How much is Thomas Ravenel worth?
| Net Worth: | $4 Million |
|---|---|
| Profession: | Professional Politician |
| Date of Birth: | August 11, 1962 (age 60) |
| Country: | United States of America |
| Height: | 6 ft (1.83 m) |
About Thomas Ravenel
Thomas Ravenel, whose full name is Thomas Jonathan Jackson Ravenel, is an American businessman, politician, real estate agent, and reality television star. He’s the son of Arthus Ravenl Jr. – the former South Carolina Congressman. In the late 2000s, he spent half a year working as the treasurer of South Carolina and then became a television superstar. Concurrently with being a politician and focusing on his business ventures, the second-generation politician began appearing on the Bravo reality series Southern Charm, where he was a main cast member from 2014 until 2020.
The businessman became famous in the 2010s when he began appearing on television. He was born on August 11, 1962, in Charleston, South Carolina. His father is Arthus Ravenel Junior, one of the wealthiest businessmen in South Carolina who also served as the congressman of the state from January 1987 to January 1995. After his graduation from high school, Thomas enrolled at The Military College of South Carolina (now known as The Citadel).
In 1985, he graduated from the university and earned a Bachelor’s degree in Business Administration. He then moved to the University of South Carolina, from which in 1991, he received a Master of Business Administration. During his studies for an MBA, he spent a lot of time on real estate and finance. Shortly after, he began learning from his father and developed an interest in both politics and real estate. In the late 1990s and early 2000s, he founded a commercial real estate company titled Ravenel Development Corporation.
Being one of the leading characters in Southern Charm contributed to Thomas Ravenel’s wealth. In the early 2000s, just after Fritz Hollings had retired, he ran for the US Senate. Eventually, he came in third in the primary elections and they were won by the Republican Jim Demint. At the time of the elections, he was fined $19,500 by the FEC (Federal Election Commission) for improperly filling the necessary forms, according to WIS.
Ravenel’s early successes were in real estate and by our estimates, by the mid-2000s, Thomas was earning from his real estate business. Thomas Ravenel’s total net worth in 2006 is estimated be as high as $3.5 million.
He continued to chase glory in politics however and decided to run for South Carolina Treasurer in 2006. He was able to defeat Grady Patterson (the nine-term Democratic state treasurer) in the general elections. He officially stepped into the office on January 10, 2007. In June 2007, Ravenel was indicted on federal cocaine distribution charges by US Attorney Reginald Lloyd, according to NY Times. His name was a hot topic covered by both the media and newspapers all through 2007.
In 2017 Thomas Ravenel joined the cast of Southern Charm and earns $25,000 per episode, according to RadarOnline.
What makes this politician so successful is his many years of experience in the politics. In 2014, Thomas made his television debut on an episode of Watch What Happens Live where he discussed pop culture topics with the host Andy Cohen and other celebrities. He had sporadic appearances on the show until 2017. Also, that year, while he was still dating fellow South Carolina celebrity Kathryn Dennis, he was announced as a leading cast member of the television series Southern Charm.
Ravenel’s debut in Southern Charm came in the pilot that aired in March 2014. He remained a main cast member on the show until season five and appeared in over 70 episodes. In 2018, Bravo announced his exit from the show after assault allegations. However he continues to to carry on.
Summing-Up
With a net worth into the multi-millions, Thomas Ravenel is one of the most influential businessmen not just in South Carolina but in the entire United States. As of 2023, Thomas Ravenel’s net worth is estimated to be $4 million.
In the 1990s, just after his graduation from the University of South Carolina, he became a politician and established his own real estate company titled Ravenel Development Corporation. The following decade, he gained popularity and national coverage when he became a treasurer of South Carolina.
After working as a state treasurer for six months, he became a television star. He was a main cast member of the Bravo hit reality show Southern Charm, where he starred in five seasons, and, most recently, he was an independent candidate for the US Senate role in the annual elections.
