Kay Ivey Net Worth – $1.5 million
What is Kay Ivey’s net worth? Who was Kay Ivey married to?
Introduction
Kay Ivey is an American politician who serves as governor of Alabama.
Biography
She was born on October 15, 1944, in Camden, Alabama, US, as Kay Ellen Ivey.
Her father worked with the Gees Bend community.
Growing up in Camden, Ivey never dreamed of politics.
“Our family raised cattle, and I remember watching my grandmother churn butter,” she said about her childhood.
In 1967, Kay graduated from Auburn University. During college, she was involved in campus political organizations.
After college, Ivey had a brief career as a teacher and banker.
In 1979, Kay left the bank to serve in Gov. Fob James’ cabinet.
From 1980 to 1982, Ivey served as a reading clerk in the Alabama House of Representatives.
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From 1982 to 1985, she was an assistant director of the Alabama Development Office. For the next three years, Ivey was the director of governmental affairs.
In 2002, Kay became an elected state treasurer since Reconstruction. Ivey was re-elected in 2006 by a 60–40% margin. She served in this position until 2011 (Kay was not eligible to seek reelection to a third term).
In 2010, Ivey was elected lieutenant governor.
In 2015, Kay Ivey was the recipient of the ALFA Service to Agriculture Award.
Sworn in as the 54th Governor of the State of Alabama
In April 2017, Ivey became governor of Alabama, moving up from lieutenant governor when Robert J. Bentley resigned. Bentley pleaded guilty to two misdemeanor charges.
In May 2017, she signed the Alabama Memorial Preservation Act to protect all monuments with historical significance.
In September 2017, Ivey announced she was running for governor in 2018. Stacy George, Bill Hightower, David Carrington, and Tommy Battle have also announced bids for governor.
In November 2017, Ivey revealed she plans to vote for Roy Moore. “And I do believe that the nominee of the party is the one I will vote for,” she said.
In April 2018, Alabama Gov. Kay Ivey signed into law a bill expected to increase the taxes ($23 million to $39 million annually) Alabama collects for online sales.
In November 2018, Kay was elected as Governor for a full term. Ivey is the second female governor in the state’s history.
On January 14, 2019, Governor Ivey was officially sworn in. “I am so proud to be your governor,” Ivey stated.
Lung Cancer
In September 2019, Gov. Kay Ivey announced she has lung cancer. “The good news is I am one of the fortunate ones where this was discovered early,” Ivey said at the time.
In January 2020, Dr. Alex Whitley said in a statement that Ivey is free of lung cancer.
Gov. Kay said that she was “profoundly grateful for this good news.”
Another Term as Alabama Governor
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In June 2021, Governor Kay Ivey announced she’ll run for re-election at age 76.
Ivey faced two major primary challengers, Lynda “Lindy” Blanchard and Tim James.
In August 2022, she met with South Dakota Gov. Kristi Noem.
In September 2022, she awarded $1.64m to enhance outdoor recreation in Alabama.
“I am proud to award these funds and create more opportunities for Alabamians and visitors to enjoy outdoor recreation,” Governor Ivey said.
On September 28, 2022, Kay awarded an $82.45 million grant for a ‘transformative’ broadband expansion in Alabama which will be used by Fiber Utility Network.
“Being able to be connected at home, work or on the on go is absolutely necessary,” Gov. Ivey said.
Husband
Kay Ivey’s first husband was Ben LaRavia. They divorced at an unspecified date.
Gov. Ivey was married for a second time. No details are known about her second husband, except that they divorced on an unspecified date.
In May 2018, Patricia Todd, the first ever openly gay elected official in the state of Alabama, suggested on social media that Alabama Gov. Kay Ivey is gay.
“There’s absolutely no truth to it,” Kay said. “It’s false.”
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Kay Ivey – Net Worth
So, how much is Kay Ivey worth?
Ivey earned most of her wealth from serving Alabama, especially as a state treasurer from 2003 to 2011 and governor since 2017.
Kay is a member of the Board of Directors of the Montgomery YMCA, the Montgomery Rotary Club, and the First Baptist Church of Montgomery.
As the governor of Alabama, Ivey has an annual salary of $119,950.
From 2011 to 2017, Ivey served as a lieutenant governor (annual salary of $68,556).
Therefore, Kay Ivey has an estimated net worth of $1.5 million.
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