Ronald Wilson Reagan, born on the 6th of February 1911, was a former American actor and politician, who served as the 40th President of the United States of America.
So how much is Reagan’s net worth? As of early 2016, it was a reported $13 million, gained mostly from his long careers as an actor and politician.
Ronald Reagan Net Worth $13 Million
Born in Tampico, Illinois, Reagan was the youngest son of Nelle and John Reagan. Because of his father’s line of work as a traveling salesman, the family often moved but finally settled in Dixon. He attended Dixon High School where he became involved in various activities including football, basketball, journalism and school plays. Upon matriculation, Reagan pursued higher education in Eureka College in Illinois, majoring in economics and sociology. He worked during his university years to support himself and his family, until he graduated in 1932.
Upon graduation, Reagan worked in a radio station as the sports broadcaster for baseball games. After working in the radio industry, from Des Moines he travelled to California and attended a screen test at Warner Brothers to become an actor. In 1937, he was offered work with Warner Brothers for seven years. Reagan had a successful run as an actor, making over 50 films in the course of 20 years, making him a well-known actor and also helping his net worth. Some of his projects were “Love Is on the Air”, “The Killers”, “Brother Rat” and “Knute Rockne-All American” which people consider as his breakout movie.
When the war broke out in 1941, Reagan helped the Army by serving and making over 400 training films for fellow soldiers. After his stint in the military, he went back in the world of acting, but this time serving as the president of the Screen Actors Guild. He also worked with General Electric as its spokesperson after retiring as an actor.
In 1966, Reagan switched careers and ran for governor of California. He defeated opponent Edmund Brown, and won once again in the 1970 election. While being governor, he made bold moves in California, including raising the tax to solve the state’s budget deficit. His feat in the state of California led him to be nominated as the next president of the United States of America, alongside George H.W. Bush as his vice-president.
In 1980, Reagan won the presidential election, and served for two terms. During his term, he increased employment, cut back on taxes of low-income workers, reduced government expenditures and strengthened foreign relations with several countries. Reagan’s goal was to encourage the American people to believe in themselves again, which was successful, leaving with high approval ratings after his term as evidence that he had achieved his mission.
In terms of his personal life, Reagan married his first wife Jane Wyman in 1940 and together they have two children. Nine years later, they filed for divorce. In 1952 he married Nancy Davis, and they have two children Ronald “Ron” Jr. Reagan and Patti Davis. At the age of 83, Reagan publicly disclosed his health condition of having Alzheimer’s disease. In 2004, he passed away in Bel Air, California at the age of 93.
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