The Governor of Texas' Net Worth is Much Higher than His Salary

Today Greg Abbott may run the Lone Star State from Austin, TX, but life began for the Texas-born governor in Wichita Falls in 1957.

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Before becoming the 48th governor of Texas, Abbott was the longest-serving Attorney General of Texas. He graduated from the University of Texas at Austin and earned a law degree from Vanderbilt University. Abbott is just the third governor in U.S. history to be confined to a wheelchair, and first in Texas. Governor Abbott was paralyzed by a falling tree while jogging soon after he graduated from college.

Named “Best Governor in the Nation” in 2020, Governor Greg Abbott is building upon his record as a strong conservative leader who fights to preserve Texas values and ensure the Lone Star State remains the best place to live, work, and raise a family, this according to Texas.gov.

Abbott has been governor of Texas since 2015.

Most recently he defeated Beto O'Rourke, winning his third term in November 2022. His annual governor's salary is a nice chunk of dough, especially when compared to what many Texans earn each year, however it is just a piece of this Texan's networth.

As governor of Texas, Abbott earns just over $153,000 annually, this is the 21st highest among the 50 states. For additional context, "the typical state governor earns between $147,000 and $150,000. Meanwhile, the overall cost of living in Texas is estimated to be about 0.5% lower than the national average."

It's reported that the highest salary currently for a governor is New York Governor Kathy Hochul at $225,000. Maine Governor, Janet Mills, and Puerto Rico's Pedro Pierluisi are paid the least at $70,000 each.

What is Governor Abbott's net worth?

Well, depending where you check it jumps around, but it would appear that his net worth is right around $14 million. This is from "both from his professional career and $7.8 million from the lawsuit related to his 1984 accident."