Sun. May 28th, 2023

Summary: John Kelly is a retired US Marine Corps general and former White House Chief of Staff, who currently holds various positions in the private sector. He has amassed a significant net worth throughout his career, thanks to his military pension, book deals, and lucrative business ventures.

1. Early Life and Career

John F. Kelly was born on May 11, 1950, in Boston, Massachusetts. He attended the University of Massachusetts Boston before enlisting in the Marine Corps in 1970. Kelly served in various roles throughout his military career, including commanding officer of the 1st Light Armored Reconnaissance Battalion and commanding general of the Multi-National Force-West in Iraq.

After retiring from the military in 2016, Kelly joined the board of directors of several private companies, including DynCorp International, a military contractor that provides logistics and support services for the US Army. He also served as an advisor to the controversial tech company Palantir, known for its work with government agencies and law enforcement.

In 2017, Kelly was appointed White House Chief of Staff by President Trump, a position he held until January 2019. During his time in the White House, Kelly implemented stricter policies on immigration and border security, among other issues.

2. Military Pension and Benefits

As a retired four-star Marine Corps general, Kelly is entitled to a military pension and benefits package. According to public records, he receives an annual pension of around $120,000. In addition to his pension, Kelly is eligible for healthcare coverage under the military’s Tricare program, which covers active-duty and retired military personnel and their families.

Kelly’s military pension and benefits alone are enough to place him well above the average American in terms of wealth. However, his various roles in the private sector have earned him even greater financial success.

In 2019, Kelly published a memoir titled “Call Sign Chaos: Learning to Lead,” co-written by journalist Bing West. The book details Kelly’s military career and leadership philosophy and was well-received critically and commercially. It reportedly earned him an advance of up to $500,000, plus royalties.

3. Board Memberships and Advisory Roles

Since his retirement from the military, Kelly has served on several corporate boards, providing guidance and expertise in fields ranging from defense contracting to cybersecurity. These include positions at Lockheed Martin, the nation’s largest defense contractor, and Caliburn International, a company that operates private prisons and detention centers for undocumented immigrants.

Additionally, Kelly has served as an advisor and consultant to some of the most influential companies in the tech industry. His ties to Palantir, a data analysis firm that works with government agencies like ICE and the FBI, have drawn criticism from privacy and human rights advocates.

Kelly’s various board memberships and advisory roles have allowed him to earn significant income outside of his military pension. According to recent financial disclosures, he earned over $1.5 million in salary and bonuses from his private sector work in 2019.

4. Real Estate Holdings

In addition to his pension and corporate work, Kelly owns multiple properties across the United States, including a home in Naples, Florida, and a condo in Washington, D.C. According to public records, he purchased the D.C. property in 2016 for $2.7 million.

While these holdings are not unusual among successful businesspeople and political figures, they contribute to Kelly’s overall net worth and provide him with additional passive income through rental or resale value.

It is worth noting, however, that alongside his wealth, Kelly has also faced criticism and controversy for his connections to the military-industrial complex and his role in implementing controversial policies as White House Chief of Staff. Some detractors argue that Kelly’s support for private prisons and hawkish foreign policy positions undermine his public service legacy.

5. Current Net Worth

While John Kelly’s exact net worth is difficult to pin down, it is clear that he has amassed significant wealth throughout his career. According to estimates from CelebrityNetWorth.com, Kelly’s net worth is currently around $8 million.

This figure is likely to fluctuate depending on Kelly’s ongoing business ventures and investments, as well as market forces and economic conditions. However, it is clear that the retired general and former White House official enjoys a comfortable standard of living and significant financial resources at his disposal.

Conclusion:

Overall, John Kelly’s net worth reflects his long and distinguished career in the military and the private sector. As a decorated Marine Corps general, he is entitled to a generous pension and benefits package, and his work as a corporate board member and advisor has allowed him to earn additional income and build a diverse investment portfolio.

However, Kelly’s wealth has not come without controversy, with critics pointing to his connections to the military-industrial complex and his role in implementing controversial policies during his time in the White House. Nevertheless, there is no denying that John Kelly is a successful and influential figure in American politics and society, with a net worth that reflects his achievements and ongoing impact.

Lastly, it’s worth noting that John Kelly’s story serves as an inspiration for those looking to succeed in their own careers. His dedication, discipline, and leadership have earned him respect and admiration from people across the political and social spectrum, and his net worth is a testament to his decades of hard work and service.

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