Who inherited George Bush’s wealth?
George Bush’s father H.W Bush was a wealthy politician with over hundred million dollars in assets. After the death of Senior Bush, George Bush has inherited over $35 million. George Bush has also earned million more through his own means. As per the legal deeds, George Bush’s wealth will be inherited by his children after his death and 20% of his assets will go to a charitable trust fund managed by his brother Jeb Bush. Also see Joe Biden’s enormous wealth.
George Bush Assets & Investments
George Bush’s father was President of the United States. George Bush too was in politics for over three decades long and served two presidential terms. Such a long stint will apparently don’t come without significant wealth behind him. George Bush’s assets include 19 Real Estate Properties, 8 Cars, 6 luxury yachts. George Bush also has over $29 Million in cash reserves secured in banks through Deposits and Government Bonds.
George Bush Wiki
Exclusive Facts about George Bush
George Bush Bio
George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd president of the United States from 2001 to 2009. George Bush was the first child of George Herbert Walker Bush and Barbara Pierce. He was the first child of George Herbert Walker Bush and Barbara Pierce. George Bush graduated in 1975 with an MBA degree. In May 1968, George W Bush was commissioned into the Texas Air National Guard. In late 1972 and early 1973, George Bush drilled with the 187th Fighter Wing of the Alabama Air National Guard. Bush remains the most recent president to serve in the military. George W Bush took office during a period of economic recession in the wake of the bursting of the dot-com bubble. His administration increased federal government spending from $1.789 trillion to $2.983 trillion (60 percent), while revenues increased from $2.025 trillion to $2.524 trillion (from 2000 to 2008). Between 2001 and 2008, GDP grew at an average annual rate of 2.125 percent, less than for past business cycles. In December 2007, the United States entered the longest post–World War II recession, caused by a housing market correction, a subprime mortgage crisis, soaring oil prices, and other factors. To aid with the situation, George W Bush signed a $170 billion economic stimulus package which was intended to improve the economic situation by sending tax rebate checks to many Americans and providing tax breaks for struggling businesses. Many economists and world governments determined that the situation had become the worst financial crisis since the Great Depression. In his 2006 State of the Union Address, George Bush declared, “America is addicted to oil” and announced his Advanced Energy Initiative to increase energy development research. In 2012, Estonian President Toomas Hendrik Ilves awarded George Bush the Order of the Cross of Terra Mariana for his work in expanding NATO.