Senator Rob Portman Net Worth, Family, Wife, Education, Children, Biography

Rob Portman Net Worth

Quick Facts

Name

Rob Portman

Category

Senator

Birthday

1955-12-19

Spouse

Jane Dudley ​(m. 1986)​

Education

Dartmouth College (BA)
University of Michigan (JD)

Country / Nationality

United States

State / Province

Ohio

Party

Republican

Net Worth

$ 11.4 Million

Robert Jones Portman is an American attorney and politician serving as the junior us Senator for Ohio. A Republican, Portman has served as a U.S. Representative, the 14th us Trade Representative, and therefore the 35th Director of the Office of Management and Budget (OMB).

In 1993, Portman won a special election to represent Ohios 2nd district within the us House of Representatives. He was reelected sixfold before resigning upon his appointment by President George W. Bush because the U.S. Trade Representative in May 2005. As Trade Representative, Portman initiated trade agreements with other countries and pursued claims at the planet Trade Organization. In May 2006, Bush appointed Portman the Director of the Office of Management and Budget.

In 2010, Portman announced his candidacy for the us Senate seat being vacated by George Voinovich. He easily defeated then-Lieutenant Governor Lee Fisher and was reelected in 2016. On January 25, 2021, he announced that he wouldnt seek a 3rd term in 2022.

Portman was born in 1955, in Cincinnati, Ohio, the son of Joan and William C. “Bill” Portman II. His family was Presbyterian. His great-grandfather on his fathers side, surnamed “Portmann”, immigrated from Switzerland, Portman also has Scots-Irish, English, and German ancestry.

In 1926, Portmans grandfather Robert Jones purchased the Golden Lamb Inn in Lebanon, Ohio, and, along side his future wife Virginia Kunkle Jones, refurbished it and decorated it with antique collectibles and Shaker furniture. The couple ran the inn together until 1969, once they retired.

When Portman was young, his father started the Portman Equipment Company, a forklift dealership where he and his siblings worked growing up. From his mother Joan, a liberal Republican, Portman inherited his sympathy for the Republican Party.

Portman married Jane Dudley in July 1986. Dudley, who previously worked for Democratic Congressman Tom Daschle, “agreed to become a Republican when her husband agreed to become a Methodist.” The Portmans attend church services at Hyde Park Community United Methodist Church . The Portmans have three children. Portman still owns the Golden Lamb Inn together with his brother Wym Portman and sister Ginna Portman Amis. In 2004, a Dutch conglomerate purchased the Portman Equipment Company. Portman had researched the firms local acquisitions, stating “Its an idea Ive heard described as Glocalism. of these companies try to realize economies of scale. This lets us develop a network and coverage globally. But youll still have the local spirit, the local name and therefore the customer intimacy to accomplish great things.” A July 2012 article about Portman stated that in 40 years, his only citation has been a traffic ticket for an improper turn while driving. Portman is a fanatical kayaker, is fluent in Spanish, and enjoys bike rides.

In December 2004, Portman and Cheryl Bauer published a book on the 19th century Shaker community at Union Village, in Turtlecreek Township, Warren County, Ohio. The book was titled Wisdoms Paradise: The Forgotten Shakers of Union Village.

Rob Portman Net Worth

Rob Portman Net Worth is $ 11.4 Million in 2021.

Rob Portman Family

Portman was born in 1955, in Cincinnati, Ohio, the son of Joan and William C. “Bill” Portman II. His family was Presbyterian.

Rob Portman Wife and Children

Portman married Jane Dudley in July 1986. The Portmans have three children.

Rob Portman Career and Achievement

Portman graduated from Cincinnati Country Day School in 1974 and attended Dartmouth College, where he started leaning to the proper , and majored in anthropology and earned a Bachelor of Arts in 1978. In Cincinnati, Portman worked on Bill Gradisons Congressional campaign, and Gradison soon became a mentor to Portman. Portman next entered the University of Michigan school of law , earning his Juris Doctor degree in 1984 and serving as vice chairman of the scholar senate. During school of law, he began a kayaking and hiking trip across China and met Jane Dudley, whom he married in 1986. After graduating from school of law , Portman moved to Washington, D.C., where he worked for the firm Patton Boggs. Some describe his role there as a lobbyist; others say that such an outline is inaccurate. Portman next became an associate at Graydon Head & Ritchey LLP, a firm in Cincinnati.

In 1989, Portman began his career in government as an associate White House Counsel under President George H. W. Bush. From 1989 to 1991, he served as Bushs deputy assistant and director of the White House Office of Legislative Affairs. While serving as White House counsel, Portman visited China, Egypt, Kuwait, Saudi Arabia and therefore the United Arab Emirates.

United States Representative: 1993–2005

In 1993, Portman entered a special election to fill the seat of Congressman Bill Gradison of Ohios second district , who had stepped right down to become president of the insurance Association of America. within the Republican primary, Portman faced six-term Congressman Bob McEwen, who had lost his Sixth District seat to Ted Strickland in November 1992; land developer Jay Buchert, president of the National Association of Home Builders; and a number of other lesser known candidates.

In the primary, Portman was criticized for his previous law firms work for Haitian president Duvalier Duvalier. Buchert ran campaign commercials labeling Portman and McEwen “Prince Rob and Bouncing Bob.” Portman lost four of the districts five counties, but won the most important , Hamilton County, his home county and residential to 57% of the districts population. Largely on the strength of his victory in Hamilton, Portman took 17,531 votes (36%) overall, making him the winner.

In the election , Portman defeated the Democratic nominee, attorney Lee Hornberger, 53,020 (70%) to 22,652 (29%).Portman was reelected in 1994, 1996, 1998, 2000, 2002, and 2004, defeating Democrats Les Mann, Thomas R. Chandler then Waynesville mayor Charles W. Sanders fourfold during a row.

House Legislative Career

As of 2004, Portman had a lifetime rating of 89 from the American Conservative Union, and ranked 5th among Ohios 18 House members.

One of Portmans first votes in Congress was for the North American trade Agreement on November 17, 1993.

Of Portmans work on the interior Revenue Service Restructuring and Reform Act of 1998, Pete Sepp of the National Taxpayers Union said, “He set knowledgeable work environment that rose above partisanship and ultimately gave taxpayers more rights.” Democratic Representative Stephanie Tubbs Jones from Cleveland said Portman, “compared to other Republicans, is pleasant and good to figure with.” During the primary four years of the George W. Bush administration , Portman served as a liaison between Congressional Republicans and therefore the White House. Portman voted for the Iraq War Resolution in 2002. He was known for his willingness to figure with Democrats to enact important legislation.

Portman has said that his proudest moments as a U.S. Representative were “when we passed the budget agreement and therefore the welfare reform bill.” As a congressman, Portman traveled to Argentina, Chile, Costa Rica , the Czech Republic , Egypt, Iraq, Israel, Jordan, Kuwait and Mexico. During his time within the House, Portman began assisting prominent Republican candidates steel oneself against debates by standing certain their opponents in practice debates. He took the role of Lamar Alexander (for Bob Dole in 1996), Gore (for George W. Bush in 2000), Hillary Clinton (for Rick Lazio in 2000), Joe Lieberman (for Dick Cheney in 2000), John Edwards (for Cheney in 2004), and Barack Obama (for John McCain in 2008 and Mitt Romney in 2012). His portrayals mimic not only the persons point of view but also their mannerisms, noting as an example that he listened to Obamas audiobook reading to review his pattern of speech.

George W. Bush administration: 2005–2007

United States Trade Representative

On St Patricks Day , 2005, Portman spoke at the White House during a ceremony at which Bush nominated him for us Trade Representative, calling him “a good friend, an honest man, and a talented negotiator.” Portman was confirmed on April 29 and sworn in on May 17.

Portman sponsored an unfair-trading claim to the planet Trade Organization against Airbus because American allies within the European Union were providing subsidies that arguably helped Airbus compete against Boeing. European officials countered that Boeing received unfair subsidies from the us , and therefore the WTO ruled separately that they each received unfair government assistance.

Portman spent significant outing of the us negotiating trade agreements with roughly 30 countries, visiting Brazil, Burkina Faso , China, France, Hong Kong, India, Mexico, South Korea , Switzerland and therefore the uk . During his tenure, he also helped to win passage of the Central American trade Agreement. Portman used a network of former House colleagues to urge support for the treaty to lift trade barriers between the us and Costa Rica , the Dominican Republic , El Salvador , Nicaragua, Guatemala, and Honduras. consistent with Capitol Hill , Portman took his wife, Jane, with him to the Capitol on their anniversary so he could work on the deal.

Hong Kong and Trade Suit

As us Trade Representative, Portman attended the WTOs Hong Kong conference in 2005. He addressed the conference with a speech on development in Doha, and advocated a 60% cut in targeted worldwide agricultural subsidies by 2010. Portman then sponsored a claim against China for extra charges it levied on American auto parts. U.S. steel manufacturers subsequently beseeched the White House to halt an influx of Chinese steel pipe wont to make plumbing and fence materials. This was a recurring complaint and therefore the us International Trade Commission recommended imposing import quotas, noting “the economic threat to the domestic pipe industry from the Chinese surge.” With Portman as his top trade advisor, Bush replied that quotas were within the U.S. economic interest. He reasoned the American homebuilding industry used the pipe and wanted to take care of an inexpensive supply which other cheap exporters would step in to fill Chinas void if Chinese exports were curtailed. This occurred at a time when the U.S. industry lost $150 million in profit between 2005 and 2007, although Chinas minister of commerce cited the U.S. industrys “record high profit margins” within the half of 2004 and continued growth in 2005. China next lobbied Portman to go away matters alone, meeting together with his office twice and threatening during a letter that restrictions and what it called “discrimination against Chinese products” would bring “serious adverse impact” to the U.S.-China economic and trade relationship. Portman vowed to “hold (Chinas) feet to the fire” and supply a “top-to-bottom review” of the U.S.–China trade relationship. His claim that China had improperly favored domestic auto parts became the primary successful trade suit against China within the WTO. During Portmans tenure as trade ambassador, the U.S. deficit with China increased by 21 percent.

Director of the Office of Management and Budget

On April 18, 2006, Bush nominated Portman for Director of the Office of Management and Budget, replacing Joshua Bolten, who was appointed White House Chief of Staff. Portman said that he looked forward to the responsibility, adding, “Its an enormous job. The Office of Management and Budget touches every spending and policy decision within the federal government”. Bush expressed his confidence in Portman, saying, “The job of OMB director may be a really important post and Rob Portman is that the right man to require it on. Robs talent, expertise and record of success are documented within my administration and on Capitol Hill .” The U.S. Senate confirmed him unanimously by voice vote on May 26, 2006.

As OMB director from May 2006 to August 2007, Portman helped craft a $2.9 trillion allow financial year 2008. The Cincinnati Enquirer wrote, “The plan involved making the 2001 and 2003 tax cuts permanent, at a price of quite $500 billion over the five-year lifetime of the proposal. It requested a hefty increase in military spending, along side reductions in low-income housing assistance, environmental initiatives, and health care safety-net programs.” Portman is claimed to possess been “frustrated” with the post, calling the budget that Bushs office sent to Congress “not my budget, his budget,” and saying, “it was a fight, internally.” Edward Lazear of Bushs Council of Economic Advisers said that Portman was the leading advocate for a budget , while other former Bush administration officials said that Portman was the leading advocate for fiscal discipline within the administration.

On June 19, 2007, Portman resigned as OMB director, citing a desire to spend longer together with his family and three children. Democratic Chairman of the Senate Budget Committee Kent Conrad expressed regret at Portmans resignation, saying, “He may be a person of credibility and decency that commanded respect on each side of the aisle.”

Post-White House Career

On November 8, 2007, Portman joined the firm Squire Sanders as a part of its transactional and international trade practice in Cincinnati, Ohio. His longtime chief of staff, Rob Lehman, also joined the firm as a lobbyist in its Washington, D.C. office. In 2007, Portman founded Ohios Future P.A.C., a political action committee. In 2008, he was cited as a possible campaigner for Republican presidential nominee John McCain. Portman remained critical of the American Recovery and Reinvestment Act of 2009, passed while he was out of office.

United States Senator: 2011–Present

2010 Election

On January 14, 2009, two days after George Voinovich announced he wouldnt be running for re-election, Portman publicly declared his candidacy for the open U.S. Senate seat. Running unopposed within the Republican primary, Portman benefitted substantially from party support, and by July 2010 had raised more campaign funds than Democrat Lee Fisher by a 9 to 1 margin. Portman campaigned on the difficulty of jobs and job growth.

Of all candidates for position within the U.S., Portman was the highest recipient of corporate money from insurance industries and commercial banks in 2010. Portman possessed the foremost campaign funds of any Republican during 2010, at $5.1 million, raising $1.3 million in his third quarter of fundraising.

Portman won the election by a margin of 57 to 39 percent, winning 82 of Ohios 88 counties. during a 2010 campaign advertisement, Portman said a ” could cost Ohio 100,000 jobs we cannot afford to lose;” subsequently, The Cleveland Plain Dealer and PolitiFact called Portmans claim “barely true” with the foremost pessimistic estimates.

2016 Election

The 2016 re-election campaign posed several special challenges to Portman and his team—it would be run in heavily targeted Ohio, it might occur during a presidential year when Democratic turnout was expected to peak, and both parties would bombard Ohio voters with tens of many dollars in TV, cable and digital ads for the national, senatorial and downticket contests. For his campaign manager, Portman chose Corry Bliss, who had just run the successful re-election of Sen. Pat Roberts in Kansas. Portman and Bliss chose to run what Time magazine called “a hyperlocal campaign without depending on the nominees coattails.”

As Real Clear Politics noted, Portman faced “the thorny challenge of keeping distance from Trump during a state Trump poised to win. Portman, within the year of the outsider, even more of an insider than Clinton … Yet he an area campaign focused on issues like human trafficking and opioid addiction, and secured the endorsement of the Teamsters also as other unions” (despite being a mostly conservative Republican).

Polls showed the race even (or Portman slightly behind) as of June 2016; afterwards, Portman led Democratic ex-Gov. Ted Strickland in every public survey through polling day . the ultimate result was 58.0% to 37.2%, nearly a 21-point margin for Portman.

Chris Cillizza of the Washington Post argued that the context of Ohios result had wider implications. “There are tons of reasons Republicans held the Senate this fall. But Portmans candidacy in Ohio is that the most vital one. Portman took a seemingly competitive race during a swing state and put it out of reach by Labor Day , allowing money that was ticketed for his state to be in other races, like North Carolina and Missouri …”

The Washington Post said “Portman took the crown for best campaign”, while Real Clear Politics said, “Sen. Rob Portman ran the campaign of the year.” Portman himself was generous in praising his campaign manager: “With a stress on utilizing data, grassroots, and technology, Corry led our campaign from behind within the polls to a 21-point victory. Hes one among the simplest strategists within the country.”

Tenure

In the 112th Congress, Portman voted together with his party 90% of the time. However, within the 114th us Congress, Portman was ranked because the third most bipartisan member of the U.S. Senate by the Bipartisan Index, a metric created jointly by The Lugar Center and therefore the McCourt School of Public Policy to reflect Congressional bipartisanship. During the primary session of the 115th Congress, Portmans bipartisanship score improved further, propelling him to second within the Senate rankings (only Senator Susan Collins scoring higher), Portmans intellectual leadership among the Senate G.O.P., and his fundraising capabilities, led to his being named the president for Finance of the National Republican Senatorial Committee for the 2014 election cycle. In March 2013, Portman was one among several Republican senators invited to possess dinner with President Obama at The Jefferson Hotel in an effort by the administration to court perceived moderate members of the upper chamber for building consensual motivation in Congress; however, Portman didnt attend and instead had dinner with an unnamed Democratic senator.

Portman delivered the eulogy at the August 2012 funeral of Armstrong and therefore the commencement address at the University of Cincinnatis December 2012 graduation ceremony.

In August 2011, Portman was selected by legislator Mitch McConnell to participate within the us Congress Joint committee on Deficit Reduction. During the committees work, Portman developed strong relationships with the opposite members, especially Sen. John Kerry and Rep. Chris Van Hollen. The committee was ultimately unsuccessful, with Portman left disappointed, saying “I am very sad about this process not succeeding because it had been a singular opportunity to both address the fiscal crisis and provides the economy an attempt within the arm.”

Portman spoke at the May 7, 2011 Michigan school of law commencement ceremonies, which was the topic of criticism by some who opposed his stance on couple . He and his wife walked within the 50th anniversary march over the Edmund Pettus Bridge commemorating Bloody Sunday and therefore the advance Selma.

On January 25, 2021, Portman announced that he wouldnt run a 3rd term in 2022. during a statement, he said he looked forward to “focusing all my energy on legislation and therefore the challenges our country faces instead of on fundraising and campaigning.” He added, “I have consistently been named one among the foremost bipartisan senators. im pleased with that and that i will still reach bent my colleagues on each side of the aisle to seek out footing . Eighty-two of my bills were signed into law by President Trump, and 68 were signed into law by President Obama.” Of why he chose to not seek another term, he said, “I don’t think any Senate office has been more successful in getting things done, but honestly, its gotten harder and harder to interrupt through the partisan gridlock and make progress on substantive policy, which has contributed to my decision.” ( Source Wikipedia and News Websites )

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