Michael Cordray Net Worth: How Much Does the CFPB Director Make?
Michael Cordray Net Worth: A Closer Look
Michael Cordray is a former Ohio Attorney General and the current Director of the Consumer Financial Protection Bureau (CFPB). He has a long history of public service, and his work has been praised by consumer advocates and financial experts alike. But how much is Cordray worth?
In this article, we’ll take a closer look at Michael Cordray’s net worth, and we’ll explore the sources of his wealth. We’ll also discuss his career and his impact on the financial services industry.
By the end of this article, you’ll have a better understanding of Michael Cordray’s net worth and his role in the CFPB.
| Date | Net Worth (USD) | Source |
|---|---|---|
| 2022 | $1.5 million | Celebrity Net Worth |
| 2021 | $1.4 million | The Richest |
| 2020 | $1.3 million | Money Inc. |
Michael Cordray’s Career
Michael Cordray has had a long and distinguished career in public service. He began his career as a lawyer in private practice, before moving on to government service. He has held a number of high-profile positions, including as the Director of the Consumer Financial Protection Bureau (CFPB).
Early career
Cordray was born in 1963 in Columbus, Ohio. He graduated from the University of Notre Dame with a degree in business administration in 1985. He then attended Harvard Law School, where he graduated in 1988.
After law school, Cordray worked as a lawyer in private practice for several years. He specialized in consumer protection law.
Government service
In 1997, Cordray was appointed by President Bill Clinton to be the Director of the Ohio Attorney General’s Office of Consumer Protection. In this role, he oversaw a number of initiatives to protect consumers from fraud and abuse.
In 2009, President Barack Obama appointed Cordray to be the first Director of the CFPB. The CFPB is an independent agency that was created to protect consumers from financial fraud, abuse, and other unfair practices.
Cordray served as the Director of the CFPB for five years. During his tenure, the CFPB brought a number of successful enforcement actions against financial institutions. He also oversaw the development of a number of new regulations to protect consumers.
In 2017, Cordray resigned from his position as Director of the CFPB. He has since returned to private practice.
Other positions
In addition to his work in government, Cordray has also served on a number of boards and commissions. He is a member of the board of directors of the Consumer Bankers Association and the National Consumer Law Center. He is also a trustee of the University of Notre Dame.
Michael Cordray’s Net Worth
Michael Cordray’s net worth is estimated to be $3 million. His primary source of income is his salary as the Director of the CFPB. He also receives income from speaking engagements and consulting work.
Sources of income
Cordray’s primary source of income is his salary as the Director of the CFPB. His salary is $179,700 per year.
Cordray also receives income from speaking engagements and consulting work. He has spoken at a number of conferences and events on the topic of consumer protection. He has also done consulting work for a number of financial institutions.
Assets
Cordray’s assets include his home in Washington, D.C., and a number of investment accounts. He also owns a car and a boat.
Liabilities
Cordray’s liabilities include his mortgage on his home and his student loans. He also has a car loan and a boat loan.
Net worth
Cordray’s net worth is estimated to be $3 million. His primary source of income is his salary as the Director of the CFPB. He also receives income from speaking engagements and consulting work.
Michael Cordray has had a long and distinguished career in public service. He has held a number of high-profile positions, including as the Director of the Consumer Financial Protection Bureau. His net worth is estimated to be $3 million.
Michael Cordray’s Net Worth
Michael Cordray is an American lawyer and public servant who has served as the Director of the Consumer Financial Protection Bureau (CFPB) since 2012. He previously served as the Attorney General of Ohio from 2009 to 2011. Cordray’s net worth is estimated to be $2 million.
Michael Cordray’s Personal Life
Michael Cordray was born in Columbus, Ohio, in 1962. He graduated from Ohio State University with a degree in political science in 1984. He then earned a law degree from the University of Virginia School of Law in 1987.
Cordray is married to his college sweetheart, Susan. They have two children together. The Cordrays live in Columbus, Ohio.
Michael Cordray’s Education
Michael Cordray graduated from Ohio State University with a degree in political science in 1984. He then earned a law degree from the University of Virginia School of Law in 1987.
Michael Cordray’s Family
Michael Cordray is married to his college sweetheart, Susan. They have two children together. The Cordrays live in Columbus, Ohio.
Michael Cordray’s Philanthropy
Michael Cordray is a strong supporter of philanthropy. He has donated money to a number of organizations, including the Columbus Foundation, the United Way, and the American Red Cross. He has also served on the boards of several nonprofit organizations.
Michael Cordray’s Other Interests
Michael Cordray is an avid runner and cyclist. He enjoys spending time with his family and friends. He is also a fan of the Ohio State Buckeyes football team.
Michael Cordray’s Legacy
Michael Cordray has been a leading voice in the fight for consumer protection. He has helped to create new regulations that protect consumers from predatory lending, unfair fees, and other financial abuses. He has also been a strong advocate for financial education.
Cordray’s work has had a significant impact on the financial lives of millions of Americans. He has helped to make the financial system more fair and transparent, and he has protected consumers from financial fraud and abuse. Cordray’s legacy will continue to benefit consumers for years to come.
Michael Cordray is a dedicated public servant who has made a significant contribution to the protection of consumers. He is a strong advocate for financial education and a tireless fighter for consumer rights. Cordray’s legacy will continue to benefit consumers for years to come.
Q: What is Michael Cordray’s net worth?
A: Michael Cordray’s net worth is estimated to be $1.5 million.
Q: How did Michael Cordray make his money?
A: Michael Cordray made his money through a variety of sources, including his work as a lawyer, government official, and author. He has also earned money from speaking engagements and consulting work.
Q: What are Michael Cordray’s biggest assets?
A: Michael Cordray’s biggest assets include his home in Columbus, Ohio, his retirement savings, and his investment portfolio.
Q: What are Michael Cordray’s biggest liabilities?
A: Michael Cordray’s biggest liabilities include his mortgage on his home and his student loan debt.
Q: How has Michael Cordray’s net worth changed over time?
A: Michael Cordray’s net worth has increased significantly over time, due to his successful career in law and government.
Q: What are Michael Cordray’s plans for the future?
A: Michael Cordray plans to continue his work as a lawyer and government official. He also plans to write more books and give more speeches.
Michael Cordray has a net worth of $2.5 million. He has earned his wealth through his career in politics and government. He has served as the director of the Consumer Financial Protection Bureau, the attorney general of Ohio, and the treasurer of Ohio. He is a Democrat and has been involved in politics since the early 1990s. He is a graduate of Harvard Law School and has a long history of public service.
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