Beto O’Rourke Net Worth 2023: Biography, Investments, Real Estate Money, Career

Beto O’Rourke is a politician from El Paso, Texas who also served as the US representative for Texas’s 16th congressional district from 2013 to 2019.

He was also a member of the Democratic Party and a candidate for the US Senate in 2018. Also a businessman with few successful business ventures, Beto O’Rourke net worth 2023 stands currently at around $9 million.

A  Democratic nominee for the 2022 Texas gubernatorial election, O’Rourke had also generated millions for his campaign, backed up by different billionaires. This article provides complete details about Beto O’Rourke net worth, career highlights, personal life, etc.

Beto O’Rourke Net Worth 2023

Beto O’Rourke Biography

Robert Francis O’Rourke was born on September 26, 1972 in El Paso, Texas, to Pat Francis O’Rourke and Melissa Martha O’Rourke. His father, a politician and cycling enthusiast died in 2001 in an accident when he was struck from behind while riding his bicycle along the shoulder of Pete Domenici Highway.

O’Rourke married Amy Sanders, the daughter of real estate tycoon Bill Sanders and his wife Louann. Sanders has previously dated O’Rourke’s mother and introduced her to O’Rourke’s father. Together, Beto and Amy has three children and they live in El Paso’s Sunset Heights in the Henry Trost-designed mission-style house where General Hugh Scott and Pancho Villa reportedly met in 1915.

Beto O’Rourke Career Highlights

Here are the basic highlights of Beto O’Rourke’s career in politics:

1. O’Rourke belongs to a local political family of El Paso, Texas and has done graduationfrom Woodberry Forest School and Columbia University.
2. He started a brief career in music while studying at Columbia and played bass guitar in the post-hardcore band Foss.
3. Upon graduation, O’Rourke returned to El Paso in 1998 to began a business career.
4. He opened a Stanton Street Technology Group, an Internet services and software company in 2005.
5. The same year he was also elected to the El Paso City Council where he served until 2011.
6. O’Rourke was elected to the US House of Representatives in 2012 after defeating eight-term incumbent Democrat Silvestre Reyes.

Also check: Herschel Walker net worth

Beto O’Rourke Business Ventures- Music, Software Company & Politics

Beto started his career in music while he was in college and joined his first band, Swipe. After graduation, he started working as a live-in caretaker and art mover and then worked for an Internet service provider run by his uncle. O’Rourke also had a job at H. W. Wilson Company where he worked as a proofreader and wrote short stories and songs in his free time.

After his return to El Paso in 1998, Beto worked as an inventory tracker at his mother’s upscale furniture store. He co-founded his own Internet services and software company Stanton Street Technology Group, in 2000.

Although O’Rourke accompanied his father at campaign stops and other political events during his childhood, his inclination towards politics by fueled by the successful 2001 mayoral run of Ray Caballero. When Caballero failed to get re-elected, O’Rourke considered running for office making his serious entry in politics.

An overview of Beto O’Rourke net worth breakdown

• Beto O’Rourke had an estimated net worth of $9 million according to the reports by various sources.
• His company Stanton Street Technology Group from which Amy Sanders sold her stake and generated between $100,000 and $1 million.
• O’Rourke was a partner in Imperial Arms LLC, a real estate company valued more than $1 million. The O’Rourkes sold the property in early 2017.
• His partial ownership of Peppertree Square Ltd., a shopping center in West El Paso, brings him between $2 million and $10 million.
• He learned at least $340,000 in capital gains, rent, interest, dividends and stock sales.
• There is a trust fund in Amy O’Rourke’s name that is worth between $1 million and $5 million. It was started by her father Bill Sanders.
• The couple also has more than $1.3 million in liabilities, mostly in the form of mortgages. This includes a home mortgage worth at least $250,000 and a reported business loan for Stanton Street worth at least $15,000.
• Before he left Congress, O’Rourke made $174,000 per year as a member.

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