Liz Cheney might be out of Congress, but considering she is leaving wealthier than she was when she was first elected in 2016, she is bound to land on her feet.
During her time in Congress, Cheney’s net worth increased from an estimated $7 million in 2017 to as much as $44 million in 2020.
In Cheney’s 2020 Personal Financial Disclosure form, the Wyoming Congresswoman declared a net worth of between $10,422,023 and $44,140,000. While she reported no earned income, gifts, or transactions, Cheney listed three posts she held, including a position as a trustee at the University of Wyoming, membership in a holding company, and her position in her family’s trust.
Liz Cheney’s Net Worth Grew as Much as 600% During Her Time in Office (breitbart.com)
Much of Liz Cheney’s wealth stems from her husband Philip Perry, a partner at the Washington DC law firm Latham & Watkins. Since Cheney joined Congress in 2017, Perry has maintained equity ownership in Latham &Watkins worth between $1,000,001 and $5,000,000.
While Liz Cheney’s plans post-Congress are still uncertain, it is unlikely she will be returning home to Wyoming now that voters retired her. Even when she served as the state’s representative, Cheney didn’t spend much of her time in Wyoming, preferring instead her home in Virginia. Her fellow retired anti-Trump Republican Adam Kinzinger didn’t let the grass grow under his feet, walking directly out of the Capitol and into the loving arms of CNN.
Previously, Cheney vowed to continue her fight against former President Trump, saying in an interview last fall that she would work to stop Trump from ever holding office again. But it isn’t just Donald Trump that Liz Cheney is gunning for. She has also set her sights on the Republican majority in the House.
Hours before Kevin McCarthy was elected Speaker of the House on Friday, Cheney tweeted a link toa Bloomberg article claiming that McCarthy allegedly cut a deal with holdouts to cap 2024 discretionary spending to 2022 levels.
Bloomberg suggested that this might cap defense spending as well. Cheney accused McCarthy of agreeing to “weaken our national defense for his own personal gain.” She claimed McCarthy’s “legacy” would cause the nation to suffer.