Lincoln Chafee Net Worth: American politician and 74th Governor of Rhode Island, Lincoln Chafee has a net worth of $60 million.
Born on March 26, 1953 to Republican politician John Chafee, Lincoln Chafee started his formal education at Providence Country Day School and graduated from Brown University. He studied at Montana State University to become a farrier and worked in United States and Canada before moving into politics in 1985. Chafee was a delegate to the Rhode Island Constitutional Convention in 1985 and following his father’s footsteps, he was elected at the Warwick City Council.
Lincoln Chafee became the mayor of the Warwick in 1993 until 1999 after which he was appointed in the US Senate to succeed his dead father by Lincoln Almond. He was elected to a full term in 2000 after defeating Robert Weygand. Considered least conservative despite being a liberal Republican, and worked for the nation opposing claims for eliminating estate tax, increasing federal tax rates, and increased minimum wage. Chafee was also the 8th richest Senator with a net worth of $51 million while at office.
Chafee became popular after he cast a write-in vote for George H.W. Bush instead of voting President George W. Bush. He became a part of the election challenge by Mayor Steve Laffey and Crantson, however, defeating Laffey the same year but losing out to Democrat Sheldon Whitehouse.
Also a supporter of Barack Obama‘s presidential campaign in 2008, Chaffee became an Independent after leaving office in 2007 and ran for the Governor of Rhode Island in 2010 election to go on and win it. He stayed in the position for five years until 2015 after which he announced his chances of running for the President of United States in the 2016 campaign.
He is married to Stephanie D. Chafee and has three children with her. As of 2015, Lincoln Chafee’s net worth is estimated to be $60 million.
Quick Facts about Lincoln Chafee
Full Name: Lincoln Davenport Chafee
Date of Birth: March 26, 1953
Place of Birth: Rhode Island, US
Education: Brown University
Marital status: Married (Stephanie D. Chafee)