Steve Schmidt Net Worth – $10 million
What is Steve Schmidt’s net worth? Also, who was Steve Schmidt married to?
Steve Schmidt is an American public affairs and communication strategist and was the former strategist and campaign advisor for John McCain.
He has also worked in other capacities as a political analyst for various news networks and as a founder of the popular podcast Words Matter.
If you’ve come looking for details on Steve Schmidt’s personal life, career history, relationships, and net worth, you’re in luck.
We’re going to cover all of this and more in this article, so read on to have all your questions about Schmidt answered.
The Origin Story
He was born in North Plainfield, New Jersey, on September 28th, 1970.
Schmidt was raised by his parents in North Plainfield, and he graduated from North Plainfield High School.
He was also an Eagle Scout and member of the National Honor Society while he attended high school.
Schmidt grew up in an average-sized family with his mother and father and a single sister.
His father worked in the telecommunications industry as an executive, while his mother worked as a schoolteacher. Not much is known about his sister, except that she’s openly gay.
After graduating high school, Schmidt attended the University of Delaware in Newark, Delaware, studying political science as his major.
He went to school there from 1988 to 1993, leaving just three credits shy of gaining his degree.
He blamed a learning disability on not being able to finish his last three credits, which were from a higher-level math course.
Schmidt was also a member of the Delta Tau Delta fraternity while he attended the school.
He returned much later and finished that last course, completing the degree he had started over twenty years prior.
Steve Schmidt worked in various political roles throughout his career, one of which was Communications Director for Lamar Alexander’s presidential campaign in 1999.
This was one of his first major jobs in the political field, his first-ever being in charge of Will T. Scott’s campaign for Kentucky Attorney General in 1995.
This particular campaign strategy was featured in George Magazine, solidifying Schmidt’s validity as a political strategist and analyst.
He also strategized for Tim Leslie’s campaign in 1998 but was not able to gain Leslie the seat in the senate that he was running for.
In 2001, Schmidt went on to work as a specialist in the National Republican Congressional Committee. He soon secured a promotion as Communications director by late 2002.
During Bush’s administration in 2004, he was employed as the Deputy Assistant to the President and the Counselor to Vice President Dick Cheney.
He continued to fill various other strategic roles throughout Bush’s administration, handling day-to-day political affairs as needed.
From 2005 to 2006, he took on the role of White House Strategist and was responsible for the US court assignments of Chief Justice John Roberts and Samuel Alito.
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Gov. Arnold Schwarzenegger
In late 2006, Steve went on head Arnold Schwarzenegger’s campaign for California Governor.
He successfully led this campaign, and after it was finished, he switched career directions.
Schmidt became a partner in Mercury Public affairs, handling Mercury’s business in the state of California.
Fast forward to 2018, and we see Schmidt as the senior campaign strategist for John McCain’s presidential campaign.
He played a key role in selecting Sarah Palin as McCain’s running mate, a decision that was regretted later on.
His career took a different path in more recent years, going on to become a founder of the Lincoln Project and switch his political alignment to that of the Democratic party instead of the Republican party.
Schmidt created a Substack account called The Warning in 2022.
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Steve Schmidt married Angela Schmidt, at an unknown date.
Together they have three children.
The two divorced in 2018. Angela even filed for a restraining order against him.
Steve Schmidt – Net Worth
So, how much is Steve Schmidt worth?
Schmidt earned most of his wealth from serving as a senior campaign strategist.
The firm he founded, The Lincoln Project, has raised a reported $90 million for their political agenda. He stepped down from his position on The Lincoln Project board in February 2021 ”to make room for the appointment of a female board member.”
In recent years, he bought a $1.4 million mansion in Kamas, Utah, and has since relisted it at a selling price of $2.9 million. The house was built in 2013.
Therefore, public affairs strategist Steve Schmidt has an estimated net worth of $10 million.
Steve Schmidt is a well-known political analyst and strategist who founded the political firm The Lincoln Project. He also has a number of other valuable assets, including his mansion and his firm.
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