John Hoeven : Net Worth, Family, Wife, Education, Children, Age, Biography and Political Career

John Henry Hoeven III is an American banker and politician serving as the senior U.S. Senator from North Dakota since 2011. A Republican, he served because the 31st governor of North Dakota from 2000 to 2010. In 2010, Hoeven was elected to the U.S. Senate, succeeding Senator Byron Dorgan, who chose to not seek reelection. Hoeven became North Dakotas senior senator in 2013 after Kent Conrad retired and was succeeded by Heidi Heitkamp, who was once Hoevens opponent for the governors office. Hoeven was reelected in 2016.

Before being elected governor, Hoeven was a banker who served in numerous executive roles at various banks, most notably as president of the nations only state-owned bank, the Bank of North Dakota , from 1993 to 2000. hes on the board of directors initially Western Bank & Trust and has an estimated net worth of $47 million, making him one among the wealthiest U.S. Senators. hes the dean of North Dakotas congressional delegation.

He studied at Dartmouth College, which his father also attended. Hoeven belonged to the Alpha Chi Alpha fraternity and graduated with honors. After graduating with an MBA from the Kellogg School of Management at Northwestern University, he managed the trust department initially Western Bank & Trust, an establishment his father helped found. From 1993 to 2000, he was the president and CEO of the Bank of North Dakota.

John Hoeven Net Worth

John Hoeven Net Worth is $ 47 Million in 2021.

John Hoeven Family

Hoeven was born in Bismarck, North Dakota, the son of Patricia "Trish" and John Henry "Jack" Hoeven, Jr. His father owned a bank in Minot, North Dakota, where he worked because the president and chairman. Hoevens ancestry is Dutch, Swedish, and English.

John Hoeven Wife and Children

John Hoeven Married Mikey Laird. They have Two Children.

John Hoeven Career and Achievement

Governor of North Dakota

2000

In 2000 Hoeven ran for governor of North Dakota as a Republican and won, defeating Democratic NPL nominee Heidi Heitkamp, 55 to 45 percent.

2004

In 2004, when up for reelection, Hoeven faced Democratic-NPL nominee Joe Satrom. He was reelected with 71% of the vote.

2008

On November 13, 2008, Hoeven announced his candidacy for a 3rd term and began his campaign with stops in Fargo, Grand Forks, Bismarck and Minot. On November 4, he was reelected with 74% of the vote over Democratic-NPL nominee Tim Mathern. it had been the primary time in North Dakota history that a governor won three four-year terms in office, though the record for serving remains maintained by Bill Guy, who served 12 years.

Tenure

Hoevens governorship included the expansion and diversification of the states economy, which led to a 49.5% increase within the states real gross domestic product. Beginning in 2000, he directed the event of a multi-resource energy program for the state with incentives in each energy sector, making North Dakota one among the most important energy-producing and exporting states within the country. The state gained nearly 40,000 new jobs during his tenure. Wages and private incomes grew faster than the national average. For a couple of years, the state led the state in export growth. In late 2006, the states reserve rose past $600 million, and nows over $700 million.

As of December 2009, Hoeven was the countrys hottest governor. His approval rating stood at 87% with only 10% disapproving. In January 2007, Hoeven became the nations most senior governor, having been inaugurated on December 15, 2000, as established by the North Dakota Constitution.

U.S. Senate

On January 11, 2010, Hoeven announced he would run within the 2010 North Dakota Senate election for the seat being vacated by Byron Dorgan. Hoeven defeated Democratic-NPL nominee Tracy Potter, 76% to 22%, making him the primary Republican to represent North Dakota within the Senate since 1987. Since 2013, Hoeven has been the dean—the most senior member—of North Dakotas congressional delegation. As of 2018, he was listed together of the seven wealthiest U.S. Senators.

For his tenure because the chairman of the Senate Indian Affairs Committee within the 116th Congress, Hoeven earned an "F" grade from the non-partisan Lugar Centers Congressional Oversight Hearing Index.