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Asa Hutchinson, a prominent American politician, lawyer, and entrepreneur, held the 46th Governor of Arkansas position from 2015 to 2023. He has a commendable track record in both public and private domains.
According to various sources, Asa Hutchinson’s estimated net worth is approximately $5 million. Hutchinson’s income comes from his flourishing politician, lawyer, and entrepreneur career.
Thanks to his successful political stint, Asa Hutchinson’s net worth has grown considerably recently. Additionally, he has been actively involved in various entrepreneurial ventures and has collaborated with several companies.
Despite his financial success, Hutchinson remains dedicated to serving the public and has worked tirelessly to enhance the lives of Arkansas residents and citizens of the United States.
|Date Of Birth
|December 3, 1950,
|Bentonville, Arkansas, United States
|American politician, lawyer, and entrepreneur
Asa Hutchinson Early Career
Asa Hutchinson, born on December 3, 1950, in Bentonville, Arkansas, attended Springdale High School before earning a Bachelor of Arts from Bob Jones University.
Hutchinson served as a private practice attorney and a US attorney for the Western District of Arkansas from 1982 to 1985.
He later served in the United States House of Representatives until 2001 and was appointed Administrator of the Drug Enforcement Administration in 2001.
He served as the first Secretary for Border and Transportation at the Department of Homeland Security from 2003 to 2005.
Asa Hutchinson Political Career
Asa Hutchinson has had a lengthy political career spanning decades. He was elected to the U.S. House of Representatives in 1982, serving until 1997, when he resigned to become the DEA Administrator under President Bill Clinton.
Hutchinson later served as the Undersecretary for Border and Transportation at the Dept of Homeland Security. In 2014, he won the election and served from 2015 to 2023.
During his tenure, Hutchinson prioritized education, healthcare, and economic development.
Additionally, he served on national committees such as the National Governors and the Council of Governors and was a member of the Republican Governors Association.
Asa Hutchinson Net Worth
Asa Hutchinson is a renowned American politician, lawyer, and businessman who has held several public offices, including the U.S. House of Representatives and the Governorship of Arkansas.
His net worth is $5 million, which comes primarily from his political career. He has also invested in various businesses.
In 2005, Hutchinson founded a consulting firm, contributing to his significant wealth growth. He also invested in a publicly-traded company, Fortress America Acquisition, in 2006, focusing on acquiring businesses in the defense and aerospace industries.
Asa Hutchinson and his wife share their personal and professional lives on social media and have been married for several years and have children together.
Asa Hutchinson Sources of Income
As of 2023, Asa Hutchinson’s net worth is estimated to be around $5 million, which he has earned through his successful career as a politician, lawyer, and businessman.
He worked as a lawyer and executive before entering politics, serving as a U.S. Attorney and the DEA’s Administrator.
Hutchinson also founded a consulting firm and invested in the Fortress America Acquisition Corporation.
Asa Hutchinson Properties
Aside from his wealth, Hutchinson also owns a few properties. In 2014, he purchased a house in Rogers, Arkansas, for $600,000, situated on a 3.5-acre land with a pool and a tennis court.
He also owns a two-bedroom condominium in Little Rock, Arkansas, in the River Market District, which he purchased for $250,000 in 2015.
Asa Hutchinson Investments
Furthermore, Hutchinson has made several investments, including stocks in companies such as Walmart, Tyson, and J.B. Hunt Services. He also has invested in mutual funds, such as the Vanguard 500 Fund and the T. Rowe Price Equity Income Fund.
As per his financial disclosure statement, Hutchinson has bank accounts totaling $1.5 million. Retirement accounts with a value of $1.2 million and a life policy worth $500,000.
Asa Hutchinson Car Collection
Asa Hutchinson has a car collection that includes a 1972 Chevy Chevelle SS, a 1969 Chevy Camaro, and a 1963 Ford Falcon. He has stated that he enjoys working on and driving his classic cars, and often participates in car shows and events.
Asa Hutchinson Philanthropic Activities
Asa Hutchinson and his wife Susan have been actively involved in various philanthropic activities.
Susan has dedicated much of her career to philanthropy, and Asa has supported her endeavors. They have donated generously to numerous charities and organizations, including the Arkansas Children’s Hospital, the Arkansas Foodbank, and the Susan G. Komen Foundation.
In addition to their financial contributions, Asa and Susan have also devoted their time and expertise to various causes.
Asa has served the Arkansas Children’s Hospital, advocating for children’s health and welfare.
Meanwhile, Susan has volunteered with the Junior League of Little Rock and the Women’s Foundation of Arkansas, working to improve the lives of women and children in the community.
Asa has also been active in promoting education initiatives in Arkansas. He has been a staunch advocate for improving teacher pay and increasing school funding.
Through their philanthropic activities, Asa and Susan Hutchinson have demonstrated their commitment to positively impacting their community and beyond.
They have consistently shown their dedication to improving the lives of those around them, embodying the spirit of giving back.