Steve Schmidt Net Worth: How Much Is Steve Schmidt Worth?
Steve Schmidt Net Worth: How Much Is Steve Schmidt Worth?: Steve Schmidt, also known as Stephen Edward Schmidt is an American political and corporate strategist.
Due to his experience, he has worked on Republican political campaigns, including President George W. Bush, California Governor, Arnold Schwarzenegger, and Arizona Senator, John McCain.
What Is Steve Schmidt Net Worth?
As of October 2023, Steve Schmidt has an estimated net worth of about $50 million. He made his fortune in politics as a public affairs strategist and communication expert. Schmidt has worked on many presidential, governor, and senator campaigns.
Schmidt attended the University of Delaware from 1988 to 1993 majoring in political science. During this time, he registered as a Republican.
From 1997 to 1998, he was the communications director for California State Senator, Tim Leslie. In 1998, he became the communications director for California State Treasurer, Matt Fong.
In 1999, Schmidt was the communications director for Lamar Alexander’s presidential run, leaving in June when the campaign reduced its senior staff.
By late 2000, Schmidt was communications director of the House Committee on Energy and Commerce.
In 2001, he became the communications director and chief communications strategist of the National Republican Congressional Committee.
Later Schmidt joined President George W. Bush’s administration as a deputy assistant to the president and counselor to Vice President Dick Cheney.
In 2004, he was a member of the senior strategic planning group that ran Bush’s re-election campaign. Schmidt oversaw the re-election “war room”.
In 2005, he was the White House strategist responsible for the U.S. Supreme Court nominations of Chief Justice John Roberts and Justice Samuel Alito.
Schmidt left the White House in 2016 to become the campaign manager of the successful re-election campaign for Arnold Schwarzenegger
In 2007, Schmidt was named “Campaign Manager of the Year” by the American Association of Political Consultants.
Schmidt was a vice chair at Edelman where he advised CEOs and senior decision-makers until he stepped down in July 2018
He then became a political analyst for MSNBC in 2011 and appeared on the third season of Showtime’s The Circus
A critic of President Donald Trump, in June 2018, Schmidt renounced the Republican Party as “fully the party of Trump”
In September 2020, he predicted that violence would erupt as a result of Trump’s election denial proclamations
Schmidt founded The Lincoln Project, a group founded in 2019 to campaign against former President Trump.
As of 2020, the organization had raised over $100 million, making it one of the most successful Super-PACs in history.
In a podcast in December 2020, Schmidt announced that he planned to register as a member of the Democratic Party.
In 2021, he left the board to make room for the appointment of a female board member a step to “reform and professionalize” The Lincoln Project
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