Who Is Mark Warner, What is His Net Worth, Is He Related To John Warner

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Mark Warner is an American businessman and politician who served as the 69th Governor of Virginia from January 12, 2002, to January 14, 2006. He began serving as the US Senator from Virginia in January 2009. As a Democrat, Warner is a Vice Chair of the Senate Democratic Caucus and a member of the Senate Intelligence Committee where he serves as the Vice Chair.

His achievements so far can only be rivaled by a few as he has served selflessly and is not inclined to slow down unless he is forced to. Read on for more eye-opening info about the democrat.

Who Is Mark Warner?

Mark Warner was born Mark Robert Warner on December 15, 1954, in Indianapolis, Indiana to Robert F. Warner and Marjorie Warner (née Johnston). His family includes a younger sister named Lisa. Mark Warner spent his early years growing up in Illinois, Chicago and later in Vernon, Connecticut where he attended a public secondary school, Rockville High School.

Warner developed a flair for politics while at Rockville High thanks to his eighth-grade social studies teacher, Jim Tyler who had inspired him to work for social and political change during the tumultuous year of 1968.

Warner was highly active in high school serving for three years as his class president. After graduating from high school, he proceeded to George Washington University from where he earned a BA in 1977 with a minor in political science. He scored an impressive 4.0 GPA and was the class valedictorian which is a big feat seeing as he is the first person from his family to earn a college degree.

While in school, Mark Warner had to take a job at Capitol Hill working in the office of U.S. Senator Abraham Ribicoff so he could pay for his tuition. His efforts paid off when he obtained his J.D from Harvard Law School in 1980. During his time at Harvard, Warner, a basketball lover since high school, became the coach of Harvard’s first intramural women’s basketball team. He never practiced law but used his knowledge of federal telecommunication law and policies to work as a broker of mobile phone franchise licenses.

Political Career

While building his business acumen, Warner was actively involved in politics. He helped Douglas Wilder become the 66th governor of Virginia as part of his campaign team. Stepping up, he became the Chair of the Democratic Party of Virginia in 1993, serving in the position for two years and leaving in 1995. He kept up the thread of political activities until it was time to campaign for himself rather than others.

Mark Warner lost his first race to an electoral seat when Republican incumbent Senator John Warner defeated him in 1996. In 2002, he won the gubernatorial elections in Virginia, becoming the state’s 69th governor. He served for a single term, during which he was the Chair of the National Governors Association for a year from 2004 to 2005.

In 2008, Mark Warner prepared to enter the race to the White House but didn’t get to announce his candidacy, changing his mind due to family reasons. However, he vied for the Senate seat and defeated Republican, Jim Gilmore to be elected to the US Senate. He was re-elected in 2014. Since joining the Senate, Warner has served on the Banking, Budget, and Commerce committees, as well as the Joint Economic Committee and the Select Committee on Intelligence of which he is a ranking member.

What Is His Net Worth?

Mark Warner is by far the richest Senator in America. His net worth is estimated at over $200 million. He earned his fortune from Columbia Capital, a venture capital firm he founded shortly after graduating from Harvard. His knowledge of federal telecommunication law and policies enabled him to make a fortune from working as a broker of mobile phone franchise licenses.

Under his tutelage, Columbia Capital made millions by making early investments in companies in the telecommunication industry including XM Satellite Radio and Nextel Communications. The latter was acquired by Sprint in 2005 for $36 billion.


Is He Related To John Warner?

No, Mark Warner is not in any way related to Republican Senator John Warner who is now a retired politician and was a long-time US Senator from Virginia, serving between January 2, 1979, and January 3, 2009. In 1996, Mark Warner unsuccessfully ran against John for the Senate seat.

John Warner vacated the Senate seat in 2007 giving Mark a chance to snap up the seat he had long envied the following year. John Warner who was born in 1927 is a World War II and Korean War veteran. He now works as an attorney for the law firm of Hogan Lovells and was the 6th husband of Hollywood star

Also Read: Top 10 Richest People in the world with full biography and details.