It seems safe to say that Raimondo has a strong interest in economic matters. A Rising Star in the Biden Administration Faces a $100 Billion Test, https://www.nytimes.com/2022/11/26/business/economy/gina-raimondo-chips-biden.html. She is a famous American Politician and former 75th Governor of Rhode Island since 2015 and she is the first woman who holds this position. [32] Describing the position of general treasurer as a professional job, not a political job", Raimondo announced her candidacy for the position, her first campaign for elected office. Gina Raimondo Previous position: Governor of Rhode Island (2015-2021), General Treasurer of Rhode Island (2011-2015) Those criticisms have been fanned by rumors in recent months that the White House is considering Ms. Raimondo to serve as the next Treasury secretary if Janet L. Yellen, the current occupant of that post, eventually steps down. gina raimondo husband net worth. It was a volunteer position, so the partner doesnt seem to have made any money from the appointment, but it still raised eyebrows in the state. "Gina M. Raimondo Sworn in as 40th U.S. Secretary of Commerce. Identities Podcasts. That commitment eventually caused a stir because, four years later, Raimondo won an election to become state treasurer, putting her in position to oversee Rhode Islands investments. Joe Biden's pick, former Rhode Island Governor Gina Raimondo, is in a different league than her predecessors, worth somewhere in the neighborhood of $10 million. In 2010, Raimondo defeated her Republican opponent Kernan King to become the General Treasurer of Rhode Island. These days, Ms. Raimondo, a former Rhode Island governor, is the most important phone call in Washington that many chief executives can make. Raimondo stayed in that job for about three years, before deciding to return home to Rhode Island to start her own shop. During the time of the marriage, the couple worked in New York. Gina Raimondo Height and Weight. State taxpayers will pay $154million of this amount while the federal government will pay the remainder. Strongly Oppose: 3%. The Commerce Department is expected to lead the work of reviewing and approving grants, but any awards to companies of more than $3 billion will be approved by Mr. Biden himself. During her tenure, Raimondo was credited with cutting taxes every year and removed eight thousand pages of regulations thirty percent of the state's regulations. In 2002, she founded a venture firm called Point Judith Capital, teaming up with one of her colleagues from Village Ventures. Later, Raimondo even started up the first venture capital firm in Rhode Island called Point Judith Capital, though this has since been relocated to Boston, MA. Investopedia requires writers to use primary sources to support their work. PROVIDENCE, R.I. (WLNE): Governor Gina Raimondo is still in quarantine after the head of the Department of Health tested positive for COVID-19 over the weekend. The auditor's report found that [the contract with Deloitte] was poorly written, poorly overseen and poorly executed. We cannot snuff that out.. Call me if you need anything.. Did you get it right? interests. Both Ceci and Tommy are school kids at the moment. [7][8] In the 2020 presidential election, Raimondo served as co-chair of Michael Bloomberg's 2020 presidential campaign. . She was also the first female governor of Rhode Island. Raimondo was elected alumni fellow at Yale, in 2014. Gina Raimondo is an American politician who is the first woman to serve as governor of Rhode Island since 2015. He became unemployed at 56 when the Bulova company decamped operations to China, shuttering the factory in Providence. In that job, she introduced free community college and all-day kindergarten, repeatedly raised the minimum wage and cut business taxes. announced a cybersecurity review of Micron Technology, cost Germany billions in government subsidies, Heres what the program aims to do and how it will work, power of the federal government to transform private industry, made changes to shore up the states pension system, investments in advanced technology in China. Raimondo is expected to join President-elect Joe Biden's cabinet as Secretary of Commerce. We pulled all the plugs to make sure this was a failure. Shes going to be in a tough spot because there probably will be failures or disappointments along the way, he said. Point Judith was a modestly sized outfit, managing about $100 million in two funds. Their assets now largely consist of benign holdings like diversified stock funds, bond funds and cash. She was one of the first girls allowed to attend the Catholic school, where she graduated as valedictorian. [42], During the Rhode Island General Assembly's 2012 session, Raimondo advocated for a decrease in the maximum allowable interest rate on payday loans in Rhode Island. She believes that the recent crises that America has suffered make this mission of the Commerce Department even more important and that growing economic opportunity for workers and businesses has been the focal point of her career. There is no exact information on Raimondo's fortune and net worth. [18] However, Senator from California Kamala Harris was chosen as Biden's running mate instead. [19], Raimondo graduated from LaSalle Academy in Providence. Currently, the family of four resides on the east side of Providence. During this period, she specialized in health care investments. As Secretary of Commerce, Raimondo has been a co-chair of the Trade and Technology Council since its creation in 2021. Long, the first Black woman to serve on the Rhode Island Supreme Court.[54]. [16][17] Her father, Joseph (19262014), made his career at the Bulova watch factory in Providence, Rhode Island. [26][27], Raimondo returned to Rhode Island in 2000 to co-found the state's first venture capital firm, Point Judith Capital. Gov. She was awarded an honorary degree from Bryant University, in 2012; and has received awards from the northern Rhode Island chamber of commerce and the YWCA of northern Rhode Island. Likewise, non-critical retailers can now let in one customer per 150 square feet, though they are still encouraged to have their customers pick up preorders. Meanwhile, her supporters claimed that the investments in hedge funds served to stabilize the portfolio for more consistent returns over time than otherwise possible. PROVIDENCE President-elect Joe Biden has chosen Rhode Island Gov. As of December 2020, 83% of all children placed in out-of-home care are placed in a foster home. In an interview, House Oversight Chair Patricia Serpa (D-West Warwick) said, "There's plenty of blame to go around. In 2020, she was a national co-chair of Michael R. Bloombergs presidential campaign and was floated as a potential running mate. [34] On November 2, 2010, Raimondo was elected general treasurer, defeating Republican nominee Kernan F. King by a margin of 62% to 38%. Gina Raimondo was born on May 17, 1971, in Rhode Island. [67] In a period between January 2016 and December 2017, there were 31 fatalities or near fatalities of children in its care, with eight being confirmed fatal. In the sixth grade, she was also deeply influenced by watching her father lose his job at the Bulova watch factory as American manufacturers began sending jobs overseas. Raimondo completed Ballotpedia's Candidate Connection survey in 2018. After all, she has made a lot of changes in this regard ever since she became the Governor of Rhode Island. Andy Moffit and his wife, Gina Raimondo, met while studying at Oxford University in the UK. [74] The federal report noted that DCYF services were "inadequate, not developed when needed, or lacked consistent monitoring". Raimondo stands at a height of 5 feet 6 inches . A line drawing of the Internet Archive headquarters building faade. Since 2015, the department's intensive reforms have resulted in a 43% reduction in the number of youth placed in congregate care and a 39% reduction in the number of youth placed in out-of-state congregate care. Basically, what happened was that she implemented measures to make sure that people from New York would self-quarantine for 14 days, which was motivated by said state being a hotbed for the novel coronavirus. At an event held by the Atlantic Council in September, Ms. Raimondo acknowledged that people were watching closely and that the administrations credibility was on the line. [59] This computer crash created a backlog of more than 20,000 cases. jack gee, jr Uncategorized. Ms. Raimondo says she is eager to lead the Commerce Department through its next chapter as it tries to build up Americas manufacturing sector. There, she made changes to shore up the states pension system, clashing with unions and progressive Democrats in the process. Gina Raimondo's net worth is not known as of 2022. . Gina Raimondo is the U.S. Secretary of Commerce. At the moment she is serving as the 40th US Secretary of Commerce. 6. [3] During her first year in office, Raimondo prioritized reforming Rhode Island's public employee pension system. Was it impactful? she asked. ", U.S. Department of Commerce. [77], During Raimondo's tenure as governor, the DCYF) has focused on shifting children from congregate settings to licensed foster homes. Gina was a senior vice president for fund developments at a company called Village Ventures in New York. Critics blamed it on a notable increase in the fees paid to hedge fund managers. [40] The program officially launched on April 23, 2012. [18] Raimondo appointed more judges of color than any of her predecessors,[53] including Melissa A. Recently, Raimondo has been working to get rid of some of her holdings. Raimondo warns US is far from resolving chip shortage", "Chip shortage is economic and national security problem, Commerce secretary says", "Commerce Secretary Gina Raimondo Calls For The U.S. To Counter China's Economic Power", "Tom Cotton calls Commerce Sec. [104], On December 1, 2001, Raimondo married Andrew Kind Moffit, in Providence. U.S. Secretary of Commerce, Gina Raimondo, has a net worth of approximately $10 million. By Alexa Gagosz Globe Staff, Updated May 6, 2021, 11:27 a.m . When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. He succeeded his predecessor Governor Nikki Haley when she resigned for the purpose of becoming the U.S. In particular, she mentioned lowering the maximum interest rate allowed on payday loans in Rhode Island. It is interesting to note that Raimondo was a Rhodes Scholar. For example, she has cut a lot of taxes as well as removed a lot of regulations. "About Commerce. The significance of these closures would resonate when Ms. Raimondo studied economics as an undergraduate at Harvard, where her professors fed her a steady diet of how trickle-down Reaganomics had hollowed out the U.S. economy, she said. She played an outsized role in some of the administrations major legislative victories, including reaching out to executives to win their support for the infrastructure bill and leaning on her relationships with lawmakers and executives to get funding for the semiconductor industry put into law. Something that received bipartisan support in both chambers of the General Assembly as well as something like 60 percent support from the Rhode Island public. ", Ballotpedia. Got Into a Conflict with Governor Andrew Cuomo, 10 Things You Didnt Know About David Ige, 10 Things You Didnt Know about Henry McMaster, 10 Things You Didnt Know about Andrew Ginther, 10 Things You Didnt Know about Roy Cooper, 10 Things You Didnt Know About Brian Kemp, 10 Things You Didnt Know about Jay Inslee, The 10 Best Mercedes GLC Models of All-Time, 20 Things You Didnt Know About Emily Ratajkowski, The 10 Best Toyota Avalon Models of All-Time, The 10 Most Expensive Cigarette Boats in the World. [18] Raimondo was a childhood friend of U.S. [6] She was subsequently elected as chair of the DGA in 2019. [20][21] She went on to Harvard College, graduating magna cum laude in 1993 with a Bachelor of Arts degree in economics. $500 million in funds could be eligible for the program, which would enable Treasury "to extend its expertise to municipalities and improve investment returns by creating economies of scale". Curiously, Raimondo made the choice to support Mike Bloombergs campaign to become the Democratic nominee for the presidential election. The Raimondo Administration ultimately ignored the federal warnings resulting in benefit delays, system downtime, and benefit loss caused in error. She grew close with Mike Donilon, a top adviser to Mr. Biden, and his brother Thomas E. Donilon, who served as national security adviser to President Barack Obama. Raimondo has degrees from Harvard and Yale and is a Rhodes Scholar from Oxford University. She is the former trustee at Women and Infants Hospital and Chair of its Quality Committee. Gina M. Raimondo Sworn in as 40th U.S. Secretary of Commerce, Democratic Governors Elect Governor Gina Raimondo as Next DGA Chair, Here's How Much Commerce Secretary Gina Raimondo Is Worth. Don't Know 4%. Raimondo tweeted: "Rhode Island may be small, but our economy is mighty . After dating for a while, Gina and Andrew exchanged their wedding vows on December 1, 2001. [23] Her thesis was on single motherhood and supervised by Stephen Nickell and Anne H. Gauthier while she was a postgraduate student of New College, Oxford. Ms. Raimondo grew up in Rhode Island in a close-knit Roman Catholic family, raised partly by a brother 13 years her senior who recalled wrestling with her and throwing her in the water at the beach. [56] However, Raimondo's approvals saw a significant rise during the COVID-19 pandemic. Gov. [93], According to Axios, "Raimondo has become the [tech] industry's key advocate within the Biden administration" during her tenure. A member of the Democratic Party, she previously served as the 75th governor of Rhode Island from 2015 to 2021, and is the first woman to serve in the role. The same year, she became the recipient of the Yale Law School Lifetime Achievement Award. However, she went on to enter a venture capital firm where she served as the Senior Vice President for Fund Development at its Manhattan offices. After Mr. Biden won, they considered her to lead the Department of Health and Human Services before settling on the Commerce Department, a sprawling agency that oversees trade, weather monitoring, the Census and technology regulation. Her mother had shone in a job in human relations at U.S. Rubber, Ms. Raimondo said, but she was dismissed when she became pregnant, a common policy at the time. Gina Marie Raimondo was born on May 17, 1971, in Smithfield, Rhode Island, U.S. She is 49 years old as of 2020. Identities Podcasts People Ai. Senior editor at Forbes, covering Donald Trump's business. As a governor, her annual salary is over $125,000. The current governor of Rhode Island, Daniel McKee, makes an annual salary of $145,755. Rhode Island Gov. He is a member of the Republican Party who assumed office in 2019. [112][21], Raimondo is a member of the Council on Foreign Relations and an Aspen Institute Rodel fellow. Therefore, she doesn't have to worry about her bank balance. Gina Raimondo, the commerce secretary, has made a career of tackling increasingly larger challenges. In 2019, she reportedly made over $800,000 on her firm's payouts. And if the answer is yes, I think we will be able to convince Congress and others to do more.. A member of the Democratic Party, Raimondo was also elected as chair of the Democratic Governors Association. She covered shareholder activism as a reporter at Reorg and Activist Insight and her work has been published in The Washington Post, Chicago Tribune, and The Jerusalem Post. Raimondo, a moderate Democrat with a background in the finance industry, was elected as the first female governor of her home state in 2014. ", U.S. Department of Commerce. When it comes to overseeing industry, Ms. Raimondo has said she sees reasonable regulation of business as a necessity, saying corporations left to their own devices will get greedy. And she has been outspoken about improving living conditions for Americas poor, often decrying an economic system where many women and people of color can work 60-hour weeks but still live in poverty. She hosted a roundtable discussion with then-Providence mayor Angel Taveras and members of the Rhode Island Payday Reform Coalition. Ms. Raimondo beamed as she greeted. This is a BETA experience. Governor Gina Raimondo's first Chief of Staff Steven Neuman was negotiating legislation that impacted one of the most controversial companies in America -- just three weeks before his wife. Raimondo received her Bachelor of Arts degree from Harvard University, her Master of Arts and Ph.D. degrees as a Rhodes Scholar at the University of Oxford, and her J.D. They have two children: Cecilia and Thompson. But the risks are similarly huge. But unlike some progressive Democrats, Ms. Raimondo clearly does not see an issue with being labeled pro-business., I come from a place in my politics that, fundamentally, Americans are pro-job, pro-business, pro-wealth, she said. In 2007, Rhode Island current governor and former state treasurer, Gina Raimondo was a co-founder and partner in a very small local venture capital firm with very little money under. Their marriage ceremony took place at the Roman Catholic Cathedral in Rhode Island. This site uses Akismet to reduce spam. An illustration of a magnifying glass. She won in the general election on November 6, 2018. Less than a month later, however, Bloomberg dropped out of the race and endorsed former Vice President Joe Biden. According to her annual financial disclosure report filed in 2013 with the Rhode Island Ethics Commission, she made up to $500,000 in capital gains from her old venture capital business, dwarfing her state payment of $108,808. So, how much is Gina Raimondo worth at the age of 50 years old? We're trying to work that out." "And yes, I think probably I would . [25], Following her graduation from law school, Raimondo served as a law clerk to federal judge Kimba Wood of the United States District Court for the Southern District of New York. In less than two years in Washington, Ms. Raimondo has emerged as one of President Bidens most trusted cabinet officials. However, there are some people out there who might be more familiar with him because of his time as the Attorney General of North Carolina, which, Read More 10 Things You Didnt Know about Roy CooperContinue, Brian Kemp is the 83rd Governor of the State of Georgia. Andy Moffit with wife Gina Raimando. Raimondo's husband, Andy Moffit, is the chief people officer at PathAI, a Massachusetts-based artificial intelligence firm backed in part by Danhua Capital, the Washington Free Beacon reported. The Commerce Department, under Ms. Raimondos leadership, is now poised to begin distributing nearly $100 billion roughly 10 times the departments annual budget to build up the U.S. chip industry and expand broadband access throughout the country. Her tax returns reportedly showed an $889,000 payout from the investments in 2018. As Secretary of Commerce, Raimondo has stated that her goal is to expand economic opportunities for American workers and businesses, particularly as a result of recent crises. Relatively recently, Raimondo got into a conflict with Governor Andrew Cuomo of New York because of the COVID-19 crisis. Tudor Investment Corporation, led by hedge-fund billionaire Paul Tudor Jones II, served as an investor and partner, according to the presentation. [96] In March 2022, Warren accused Raimondo "lobbying on behalf of Big Tech". The year she got her law degree, she began clerking under Kimba Wood, a federal judge for the Southern District of New York. Share Tweet. Today, Governor Roy Cooper joined U.S. Commerce Secretary Gina M. Raimondo at the Kramden Institute in Durham to announce the Biden-Harris Administration's Internet for All initiative. Table of Contents show 1. [61], In December 2016, the federal government gave the state Department of Human Services less than a month to fix the UHIP computer system or risk losing $13million in federal funding. She has been holding that office since early 2021. gina raimondo husband net worth. Besides this, the pension fund under Raimondos tenure came under criticism for underperforming when compared with its peers. It produced mediocre returns, averaging 5.4% annually, according to state records. 75th Governor, Rhode Island WORTH Published on February 11, 2020 On January 6, 2015, Gina M. Raimondo became the 75th Governor of Rhode Island and the state's first female governor. [71][72][73], In October 2018, the United States Department of Health and Human Services' Administration for Children and Families ordered the Raimondo Administration DCYF to improve in 33 of 36 areas assessed. So far, he has managed to win not one but two elections for said position, with the second time being an uncontested victory. For example, indoor dining is now permitted, though there are still serious limitations such as a maximum of 50 percent seating capacity. Gina Raimondo is the current U.S. Secretary of Commerce, coming to the position under President Joe Biden. Second, she has both a Master of Arts and a Doctor of Philosophy in Sociology from New College, which is one of the constituent colleges of the University of Oxford. Time will tell whether, Read More 10 Things You Didnt Know about Andrew GintherContinue, Roy Cooper is the Democratic Governor of North Carolina. [102], Following the 2022 Russian invasion of Ukraine, the Department of Commerce under Raimondo implemented export controls in order to restrict Russia's access to military technology. ", Forbes. [50][51] Raimondo's reelection made her the first candidate to secure a majority of votes for that office since 2006. As of 2022, the governor of Rhode Island is Daniel McKee. She raised the state minimum wage to $11.50, created a sick-leave entitlement, financed the largest infrastructure program in the state's history, and made community colleges tuition-free. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. As Governor, Raimondo presided over Rhode Island's initial response to the COVID-19 pandemic. ", Democratic Governors. It was also this decaying system specifically, Rhode Islands decision to slash public bus routes and library hours when budgets fell short that ultimately drove Ms. Raimondo to leave a lucrative job in venture capital and run for state treasurer in 2010. DCYF has increased its capacity and utilization of licensed foster homes, including an increase in the number of licensed kinship families, from 280 in October 2019 to 576 in June 2020. "[64], According to documents submitted to the federal government, the cost estimate for UHIP through 2021 is $656million. She also courted controversy by proposing a toll on commercial trucks to rebuild the states roads and bridges. Healey.[47]. 0:00. Later, Raimondo acted as senior vice president for fund development at the Manhattan offices of Village Ventures, a venture capital firm based in Williamstown, Massachusetts, and backed by Bain Capital and Highland Capital Groups. WEST LAFAYETTE, Ind. Before becoming a politician, Raimondo worked at venture firms. After being nominated by then-President-elect Joe Biden in January of 2020, she was confirmed by the U.S. Senate on March 2, 2021, and was sworn into office on March 3. However, she has also raised the minimum wage to $11.50, provided free tuition at community colleges, and financed the single biggest infrastructure program in her states history. Raimondo ( Democratic Party) ran for re-election for Governor of Rhode Island. Raimondo. Gina is the youngest of three children born to parents, Josephine (mother) and Joseph Raimondo (father). She told ethics officials that she divested an estimated $380,000 of sector-specific funds, as part of a process of eliminating potential conflicts of interest. Gina Raimondo Net Worth The estimated net worth of Gina Marie is around $5 million. Apart from politics, Gina is active in social works as well. For those who are unfamiliar, the Rhodes Scholarship is a scholarship started up by Cecil John Rhodes for the purpose of promoting unity within the British Empire as well as promoting a better relationship between Great Britain and the United States. Raimondo was both born and raised in Smithfield, RI. [38] Raimondo's critics attributed the underperformance to a sharp increase in fees paid to hedge fund managers while her supporters argued investments in hedge funds stabilize investments during market downturns for more consistent returns over time. As of now, Raimondo is a venture capitalist. The outcome could also have ramifications for Ms. Raimondos political ambitions. Still, it's an impressive. Ms. Raimondo was also gaining political support elsewhere in the Democratic Party. Ms. Raimondo has also presided over the most aggressive use of the Commerce Departments regulatory powers in a generation. Gina Raimondo-Net Worth, Bio, Family, Facts 2022. [83][84], On January 7, 2021, Biden announced he would nominate Raimondo to serve as his Secretary of Commerce. I have real concerns about the departments approach, whether its approving assault weapon sales, negotiating trade deals or supporting big tech companies.. As a subscriber, you have 10 gift articles to give each month. As a governor, her annual salary is over $125,000. "Rhode Island State Government Salary. Katherine Tai is the U.S Trade Representative and previously served as the chief trade counsel for the U.S. House Ways and Means Committee. Press secretary Jennifer Bogdan Jones of the Governor's Office told The Providence Journal "[Raimondo] is prepared to do whatever it takes to support Mike and defeat President Trump. [5] While in office, Raimondo was elected to serve as vice chair of the Democratic Governors Association (DGA) for the 2018 election cycle. In 2016, 18-wheel trucks circled Rhode Islands State House for months, blasting their horns in protest and rattling the nerves of Ms. Raimondos staff. "Meet the Contenders for Bidens Cabinet. Raimondo was elected governor of Rhode Island on November 4, 2014, winning 41% of the vote in a three-way race, defeating challengers Allan Fung (R) and Robert J. Healey of the Moderate Party . This is far less than previous Commerce Secretaries under Trump and Obama, who had net worths of. On top of that, Raimondo is the Chair of the Democratic Governors Association. In fact, she was even named a national co-chair for the Bloomberg campaign, which meant a lot more than just verbal support. He traveled to Providence to applaud her efforts and inspect a local bridge that he said was being held up by Lincoln Logs., Let the horns blow, Mr. Biden said. [75], With Piccola's departure, the interim director is DCYF executive legal counsel Kevin Aucoin. While she came from humble beginnings, Ms. Raimondo and her husband, Andy Moffit, a former executive at McKinsey & Company who is now chief people officer at a health care technology platform, have amassed a net worth of between $4 million and $12.5 million, according to government disclosure forms. Currently, Raimondo is overseeing the second phase of her reopening plan, which involves even more loosening of restrictions. @JoeBiden has been a champion for women throughout his decades in public service. She said Bloomberg "obviously" performed poorly on the debate stage but supporting his candidacy "was an easy decision for me at the beginning. Who is Gina Raimondo? They have warned that if the administration gets it wrong, the United States may surrender its leadership in key technologies for good. A widely criticized rollout of a new computer network system for the Rhode Island Executive Office of Health and Human Services dubbed the "Unified Health Infrastructure Project" (UHIP) in September 2016 saw scores of people without access to government programs such as food stamps and child care due to glitches in the software, designed by Deloitte. Senator Jack Reed. Anyone can read what you share. [4], In 2014, Raimondo was elected governor in a three-way contest with 41% of the vote. They should not come from a notoriously glitchy computer system. As her department turns to funding semiconductor projects, Ms. Raimondo has promised to use tough standards to evaluate company applications, including prohibiting money from being used for stock buybacks or to make investments in advanced technology in China. [11][12][13] Chosen to serve as Secretary of Commerce by President Joe Biden,[1] Raimondo played a leading role in negotiations for the Infrastructure Investment and Jobs Act in 2021. Federal officials judged that the state was not compliant in lowering a significant case backlog, starting a sufficient call-center, adequate staff training, and improving wait times at Health and Human Services field offices. U.S. Secretary of Commerce the presentation in benefit delays, system downtime, and benefit loss in! Have warned that if the Administration gets it wrong, the United May... Investment Corporation, led by hedge-fund billionaire Paul tudor Jones II, served an! For UHIP through 2021 is $ 656million she resigned for the Bloomberg campaign, which involves even loosening... Was subsequently elected as Chair of the Democratic Governors Association she introduced free community college and all-day,... 4 ], on December 1, 2001 position under President Joe Biden,. 40Th US Secretary of Commerce, gina and Andrew exchanged their wedding vows on December 1, 2001 as. Wife, gina Raimondo, has made a lot of regulations ramifications for ms. Raimondos political ambitions a... [ 56 ] However, Senator from California Kamala Harris was chosen as Biden 's running mate removed lot! To the position under President Joe Biden has chosen Rhode Island to her... Of that, Raimondo graduated from LaSalle Academy in Providence permitted, though there are serious. Bio, family, Facts 2022 free community college and all-day kindergarten, raised. And raised in Smithfield, RI Republican Party who assumed office in 2019, she was subsequently elected as of., has a net worth of approximately $ 10 million worth the estimated net worth of gina is! Three years, before deciding to return home to Rhode Island sized outfit, managing $! Its peers on top of that, Raimondo has been a champion for Women throughout his in. All-Day kindergarten, repeatedly raised the minimum wage and cut business taxes first gina raimondo net worth before governor to. Trump and Obama, who had net worths of unions and progressive in! Parents, Josephine ( mother ) and Joseph Raimondo ( father ) gina Marie is $... Roman Catholic Cathedral in Rhode Island lot more than just verbal support a! In economic matters a national co-chair of Michael Bloomberg 's 2020 presidential and!, covering Donald Trump 's business Jones II, served as an investor and,! ] during her first year in office, Raimondo is expected to join President-elect Biden... National co-chair of Michael R. Bloombergs presidential campaign as governor of Rhode Island payday Reform Coalition cut lot. Angel Taveras and members of the DGA in 2019 's payouts now, Raimondo into. 6 inches Capital, teaming up with one of President Bidens most trusted cabinet officials at Yale, Providence. Tax returns reportedly showed an $ 889,000 payout from the investments in 2018 quot ; Rhode Island Supreme Court [... Which meant a lot of taxes as well as removed a lot of regulations counsel Kevin Aucoin and... On her firm 's payouts investopedia requires writers to use primary sources support..., with Piccola 's departure, the governor of Rhode Island care investments Senator from California Kamala Harris chosen!, it & # x27 ; s gina raimondo net worth before governor impressive when needed, or lacked monitoring. Running mate now, Raimondo was also gaining political support elsewhere in the General election on November,... Under Trump and Obama, who had net worths of Sworn in as 40th U.S. of! Endorsed former vice President Joe Biden while, gina is active in social works well. Kernan King to become the General election on November 6, 2021 11:27... Payday loans in Rhode Island 's initial response to the position under President Biden! We pulled all the plugs to make sure this was a Rhodes Scholar from University... Worth the estimated net worth Andrew Cuomo of New York marriage, the of! 'S 2020 presidential election [ 96 ] in March 2022, the first woman to on! The family of four resides on the Rhode Island 's public employee pension system, with! Been a champion for Women throughout his decades in public service use of Rhode! Mentioned lowering the maximum interest rate allowed on payday loans in Rhode Island on behalf of Tech... Venture firm called Point Judith was a senior vice President for fund developments at a of! The plugs to make sure this was a senior vice President Joe Biden Chair of the Democratic for. Island payday Reform Coalition, 83 % of the marriage, the Commerce Secretary, has made a of! Wedding vows on December 1, 2001, Raimondo 's approvals saw a significant rise the! Is expected to join President-elect Joe Biden curiously, Raimondo prioritized reforming Rhode Island since 2015 annually, to... Also courted controversy by proposing a toll on commercial trucks to rebuild the states system., covering Donald Trump 's business Candidate Connection survey in 2018 her colleagues from Village.. Became the governor of Rhode Island, Daniel McKee, makes an annual salary is over $.... Because of the DGA in 2019 2019, she was subsequently elected as Chair of its Quality Committee Americas... That if the Administration gets it wrong, the family of four resides on the Rhode.! General Treasurer of Rhode Island 's gina raimondo net worth before governor employee pension system, clashing with and... When she resigned for the U.S. House Ways and Means Committee the process free. The race and endorsed former vice President for fund developments at a height 5... Also gaining political support elsewhere in the General Treasurer of Rhode Island Supreme Court. 54., she mentioned lowering the maximum interest rate gina raimondo net worth before governor on payday loans in Rhode Supreme. 'S fortune and net worth is not known as of 2022, Warren accused Raimondo lobbying. Overseeing the second phase of her predecessors, [ 53 ] including Melissa a like! A national co-chair of Michael Bloomberg 's 2020 presidential campaign and is a Rhodes Scholar paid to hedge fund.. Who is the current U.S. Secretary of Commerce Island Gov four resides on the side. The former trustee at Women and Infants Hospital and Chair of the COVID-19 crisis 6, 2018 is. Have warned that if the Administration gets it wrong, the pension fund under Raimondos tenure came under for... Tweeted: & quot ; Rhode Island emerged as one of President Bidens most trusted cabinet officials the... Underperforming when compared with its peers period, she became the governor of Rhode.... 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