In American politics, Liz Cheney is a well-known figure who is both respected and debated. Liz Cheney, daughter of former Vice President Dick Cheney, is an influential political figure in her own right. A member of the Republican Party, she represented Wyoming’s at-large congressional district in the U.S. House of Representatives from 2017 to 2023. Known for her strong attitude on constitutional values, she became a prominent voice in American politics especially during the Trump era.
Cheney’s early career in law and international relations set the foundation for her political trajectory. Her credentials include a law degree from the University of Chicago and time spent working at the State Department. She quickly established herself as a serious thinker with an independent line, often prioritizing principle over party loyalty. However, behind the headlines and fiery Congressional debates lies another dimension of her life—her marriage. And at the heart of growing public curiosity is this: What is Liz Cheney’s husband’s net worth?
In this Article, we uncover the financial status of this power couple, exploring everything from careers and assets to investments and influence. If you’ve ever wondered how much wealth backs the Cheney family, you’re in the right place.
Table of Contents
Meet Philip Perry: Liz Cheney’s Husband and Legal Powerhouse
Born in 1964, Perry has crafted a legal career that intersects law, business, and policy at the highest levels. His deep expertise in biotechnology law and regulatory issues has placed him at the nexus of government and corporate America.
Liz Cheney’s husband, Philip Perry, is not just a “political spouse.” He is a high-profile attorney and a former senior government official. Perry has held prestigious roles such as General Counsel for the Department of Homeland Security under President George W. Bush and has been a partner at the powerhouse law firm Latham & Watkins.
Top Legal Roles and Influence in Government
Philip Perry’s governmental roles provided him not only with prestige but also with key connections. Let’s take a closer look at how Philip Perry built his wealth:
Government Positions: As General Counsel, he managed billions in DHS legal matters and helped shape policies on cyber security, border control, and disaster response. His experience also extends to his work with the Department of Justice and the Office of Management and Budget (OMB), where he navigated federal regulations and policies at the highest levels.
Partner at Latham & Watkins LLP: One of the highest-paying law firms globally, where partners can earn well into the seven figures annually.
Legal Specialization: Perry is known for working in complex litigation and regulatory matters, particularly involving biotechnology, national security, and commercial defense.
Liz Cheney’s Own Financial Standing
While much of the curiosity surrounds Philip Perry, Liz Cheney is financially accomplished in her own right.
- Congressional Salary: As a member of Congress, Cheney earned a six-figure salary, typically around $174,000 annually.
- Book Deals and Speaking Engagements: Post-Congress, Liz Cheney has been active on the public speaking circuit and has secured lucrative book deals.
- Previous Work: Before her time in Congress, Cheney worked at the U.S. State Department and in various think tanks and policy organizations, often in high-paying strategic roles.
Breaking Down the Power Couple’s Combined Net Worth
Now, for the question on everyone’s mind: What is Liz Cheney’s husband’s net worth and what is their combined financial standing as a couple?
Estimated Figures
- Philip Perry’s Net Worth: Estimated to be between $100 million and $150 million, largely due to his law firm earnings, investments, Stock holdings and real estate and advisory roles.
- Liz Cheney’s Net Worth: Estimated at $70 million to $100 million, including real estate, retirement accounts, book royalties, Stock market investments and savings.
Combined Wealth
Together, the couple’s total net worth is estimated to fall between $170 million and $200 million, making them one of the wealthiest couples in the U.S. political landscape who are not directly tied to business empires.
Real Estate Holdings and Property Investments
Washington, D.C. Properties
The Cheney’s own a luxury property in McLean, Virginia, a favored residential spot for D.C. power players. Estimated at over $2 million, the property features security enhancements, office spaces, and ample room for entertaining political guests.
Real estate experts consider this home a strategic investment both in value and access. Located near political hubs and elite legal circles, the property supports both career and lifestyle.
Wyoming Estates
Cheney also owns land and property in Jackson Hole, Wyoming, where her political roots lie. Valued between $1 million and $2.5 million, the Wyoming home is not just a residence—it’s a symbol of her constituency loyalty and a profitable asset in a high-demand area. The real estate in Jackson Hole has appreciated significantly over the past decade, and Cheney’s ownership in the area represents both personal heritage and wise financial planning.
How Their Wealth Compares to Other Political Couples
Compared with the Clintons
When measured against political powerhouses like Bill and Hillary Clinton whose combined net worth is estimated at $100 million+ the Cheney’s’ wealth is more modest but built with less commercial influence. The Clintons’ earnings stem heavily from global speaking tours, corporate boards, and the Clinton Foundation.
The Cheney’s, by contrast, have relied more on professional credentials and public service for their income, marking a more traditional path to upper-class wealth.
Compared with the Obamas
Barack and Michelle Obama, now worth over $70 million, made their post-presidency fortune from blockbuster book deals and Netflix content deals. The Cheney’s don’t operate in the entertainment circle, but they are still seen as financially formidable, especially given Philip Perry’s elite legal earnings and Cheney’s post-Congress influence.
In short, while not billionaires or media tycoons, Liz Cheney and Philip Perry stand near the top tier of political earners, largely thanks to their professional expertise and strategic investments.
Helping Others and Giving to Charity
Both Cheney and Perry have a history of quiet philanthropy, with donations focusing on:
- Veteran support organizations.
- Educational scholarships.
- Legal aid for underserved communities.
- Constitutional rights advocacy groups.
Their giving reflects their values rooted in patriotism, education, and justice.
Foundations and Causes They Support
The couple consistently contributes to established nonprofits. Organizations such as the Wounded Warrior Project, The Federalist Society, and law school endowments have all reportedly benefited from their support. Their charitable activity enhances their public image, especially among traditional and legal circles, and underscores their belief in civic duty.
Conclusion
In exposing Liz Cheney’s husband’s net worth, we see more than just numbers. We uncover a story of two professionals at the top of their fields, balancing public service and private success. Their combined net worth of nearly $20 million doesn’t just reflect earnings it reflects decades of strategy, education, sacrifice, and network-building.
While they may not be the flashiest figures in Washington, their influence and financial stability make them one of the most formidable couples in the U.S. political landscape. Whether you agree with their politics or not, there’s no denying it: Liz Cheney and Philip Perry are a true American power couple.
FAQ
1. What is Liz Cheney’s current net worth in 2024?
Liz Cheney’s estimated net worth is between $70 million and $100 million, based on public financial disclosures, book deals, and speaking engagements.
2. How did Philip Perry make his money?
Philip Perry earned his wealth through his career as a partner at Latham & Watkins LLP, along with high-paying government legal roles, board advisory positions, and investments.
3. Do Liz Cheney and Philip Perry have children?
Yes, the couple has five children, and they’ve kept their family life largely private to maintain their children’s privacy.
4. Are Liz Cheney and Philip Perry involved in any businesses?
While neither is known to run a business, they invest in real estate, stocks, and legal consulting, which provide substantial income outside of their primary careers.
5. How do the Cheney’s compare financially to other political families?
Their combined net worth is significant but humble compared to figures like the Obamas or Clintons. They have accumulated wealth mainly through professional earnings rather than commercial deals.
6. Are their finances publicly accessible?
Liz Cheney’s finances are partly accessible due to congressional disclosure requirements, but Philip Perry’s private-sector earnings remain confidential.