Rick Scott Net Worth is $220 Million (as of 2020)
Rick Scott net worth is estimated at $147 million dollars and this makes him one of the wealthiest politicians in the United States. The secret to all this success might be found in Rick‘s own advice: „If you’re going to be successful, you better have a goal, you better find really good people, better understand where all the money’s coming from. And you better measure the living daylights out of it“. Surely this is easier said than done and we must mention that this „strategy“ did not always help his own business. The recent crisis has struck him pretty hard. In 2010 Rick‘s fortune was estimated at $218.6 and within a couple of years it has fallen to $83.8 million. Fortunately for Scott, his companies have recovered nearly as fast as it decayed: it was already back to $132.7 million by the end of 2013. However, Rick Scott net worth has never returned to its pre-crisis heights and only time can tell if it ever will. So instead of making predictions for the future, let‘s take a look back and see how this man has reached his current socio-economic position.
|Net Worth:||$220 Million|
|Age:||70 years old|
|Date of birth:||Dec 01, 1952|
|Nationality:||United States of America|
|Occupation:||Businessperson, Lawyer, Politician, Investor, Executive officer|
The childhood of the billionaire was not easy. His parents divorced when he was still a kid and the family has always lacked money. Rick Scott net worth started to grow when he bought and revived a failing donut shop, the Flavor Maid Do-Nut, by adding workplace delivery. He did this while still a student trying to make his way through Southern Methodist University. According to Rick, this early experience has helped him understand the needs of small business: „I’ve built companies, I’ve created jobs, I know the frustration of small businesses with higher taxes“ – he said.
Rick Scott net worth growth switched to the next gear in the late 1980s, as he and Richard Rainwater founded a company titled Columbia Hospital Corporation. When starting the business both partners contributed $125,000 in working capital and borrowed tens of millions more in order to purchase a couple of struggling hospitals in El Paso. Scott and Richard bought the third neighboring hospital to avoid an unnecessary competition and soon the two hospitals they ran were doing just fine. Within a year from the establishment of Columbia Hospital Corporation the company owned four hospitals with a total of 833 beds. During the following years the number\r of hospitals in Rick‘s control has grown even faster.
Another important source of Rick Scott net worth was the company Richard L. Scott Investments, which was founded in 1997. As for the day, the multimillionaire is the Governor of Florida: „My job is to make sure that if you’re a family in Florida, your children can get a good education and you have the opportunity for a job. That’s my job and that’s what I think about every day“ – he says.