American politician Colin Powell Net Worth is estimated at $60 million. The son of Jamaican immigrants, Colin Powell joined the military through the Reserve Officers Training Corps (ROTC). He served two tours in Vietnam and one tour in Korea. Powell has held leadership positions in multiple White House administrations and puts country above political party.
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Former US Secretary of State Colin Powell has died at the age of 84. According to BBC, Powell passed away on Sunday, October 17 due to complications from covid 19 and a heart attack, and his family announced the sad news of his death on Monday, October 18. Also, check out Anthony Joshua’s net worth.
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Colin Powell Net Worth
Colin Powell’s estimated net worth is $60 million, which has grown impressively over the years, although his political career has certainly had its ups and downs. CNN reminds us that he first fought in the Vietnam War, and during Ronald Reagan’s presidency, he became the first black national security adviser. He later became the first black chairman of the Joint Chiefs of Staff under President George H.W. Bush.
Name | Colin Powell |
Job | Politician, Diplomat, Soldier |
Dead | October 18, 2021 (age 84), Walter Reed National Military Medical Center, Bethesda, Maryland, United States |
Date of birth | April 5, 1937 |
Annual income | $220,000 |
Net worth | $60 million |
During his retirement, he became active in business, serving as a limited partner at the venture capital firm Kleiner Perkins Caulfield and Byers. A significant part of Colin Powell’s wealth is his military career, which has helped him achieve much in life. In addition, after retiring from the military in the early 1990s, he made a fortune mainly through his speaking engagements. He earned $7 million in 2000 from 109 speaking engagements.
He even received a $6 million advance in 1995 for his autobiography “My American Journey.” All of this contributed greatly to his total wealth, making him a powerful man even after his death.
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Colin Powell Net Worth
Colin Powell Biography
Colin was born in 1937 to Maud and Luther and grew up in the South Bronx. He attended Morris High School and worked at a local children’s furniture store. He graduated in 1958 with a Bachelor of Science in Geology from the City College of New York. He began his military career while in college. In 1962, he married audiologist Alma Johnson. The couple had three children, Linda, Annemarie, and Michael. His son, Michael, served as chairman of the Federal Communications Commission from 2001 to 2005.
- Date of birth: April 5, 1937
- Place of birth: Harlem, New York
- Philanthropy: President of America’s Promise
- Awards: Presidential Medal of Freedom, Congressional Gold Medal, Presidential Citizens Medal, Secretary of State’s Distinguished Service Medal, Bronze Star Medal, Purple Heart and many more
- Political leadership roles: Four-star general, National Security Advisor, Chairman of the Joint Chiefs of Staff, Secretary of State
- Wife: Alma Vivian Johnson
- Children: Michael, Linda and Annemarie
Colin Powell’s career
Powell began his career in college; he joined the Reserve Officers Training Corps and was commissioned a Second Lieutenant in the Army. He was soon assigned to the 48th Infantry Regiment as a platoon leader in West Germany. He successfully completed a tour in Vietnam as a South Vietnamese advisor from 1962-1963. Meanwhile, in 1968, he served as assistant chief of staff for operations for the 23rd Infantry Division. He received the Soldier’s Cross for valor after surviving a helicopter crash and also rescuing three others from the wreckage.
After these various tours, when Colin returned to the United States, he enrolled at George Washington University, where he graduated with an MBA in 1971. He also served as a White House Fellow from 1972 to 1973. He then attended the National War College in Washington from 1975 to 1976. He served at Fort Carson, Colorado, and later became the senior military aide to Secretary of Defense Caspar Weinberger for his country. In 1987, he also served as the Deputy National Counselor of the United States.
He became the first African American and the youngest officer to serve in that position. Powell’s last military assignment was from 1989 to 1993, where he served as the 12th Chairman of the Joint Chiefs of Staff.
Powell resigned in 1993. He even founded the America’s Promise Alliance, the country’s largest cross-industry nonprofit coalition. He even founded the Colin L. Powell Center for Leadership and Service at the City College of New York. In 2001, he was unanimously confirmed by the U.S. Senate as the 65th Secretary of State. He joined Silicon Valley Ventures in 2005 after retiring from the military. Powell has always been vocal about his distaste for the Republican Party.
Frequently Asked Questions
Who is Colin Powell’s wife?
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Colin Powell married Alma Powell in 1962. The couple separated in 2021 due to Colin Powell’s death.
How old is Colin Powell?
Colin Powell was born in 1937 and died on October 18, 2021. He was 84 years old when he passed away due to complications from covid 19.
What position does Colin Powell hold?
He was the United States Secretary of State from 2001–2005, Chairman of the United States Joint Chiefs of Staff from 1989–1993, and National Security Advisor from 1987–1989.
What is Colin Powell most famous for?
Colin Luther Powell is an American politician, diplomat, and four-star general who served as the 65th United States Secretary of State from 2001 to 2005. He was the first African-American Secretary of State.
Where was Colin Powell born?
Colin Powell was born in Harlem, New York, USA.
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Category: Net Worth