Anthony Foxx, born on November 22, 1971, is an American lawyer and politician who served as the 16th United States Secretary of Transportation from 2013 to 2017. Before his cabinet position, Foxx served as the Mayor of Charlotte, North Carolina, from 2009 to 2013. His political career and legal background have contributed significantly to his net worth.
Anthony Foxx's Early Life and Education
Foxx was born and raised in Charlotte, North Carolina. He graduated from Davidson College in 1992 with a Bachelor of Arts degree in History. He then went on to earn his Juris Doctor degree from New York University School of Law in 1996.
Legal Career and Political Ascension
After graduating from law school, Foxx returned to Charlotte and began practicing law. He worked as a litigation attorney for several law firms before becoming an Assistant District Attorney in 1999. In 2001, he was elected to the Charlotte City Council, where he served until 2005. His political career took off when he was elected Mayor of Charlotte in 2009, a position he held until his appointment as Secretary of Transportation in 2013.
Mayoral Achievements
- Led the city's successful bid for the 2012 Democratic National Convention.
- Spearheaded the Charlotte 2020 initiative, aiming to make Charlotte one of the nation's top 25 most sustainable cities.
- Oversaw the city's response to the 2012 and 2013 severe weather events, including Hurricane Irene and the October 2013 snowstorm.
Secretary of Transportation
As the Secretary of Transportation, Foxx oversaw an $80 billion budget and more than 60,000 employees. He was instrumental in implementing the Fixing America's Surface Transportation (FAST) Act, which provided $305 billion in funding for highway, transit, and highway safety programs.
Key Initiatives
- Launched the "Beyond Traffic" initiative, which aimed to address the challenges of a growing population and increasing freight movement.
- Spearheaded the "Driving Change" initiative, which focused on improving safety and reducing fatalities on America's roadways.
- Oversaw the development and implementation of the first-ever performance-based transportation formula program.
Anthony Foxx's Net Worth
Given the confidential nature of public officials' financial records, Anthony Foxx's exact net worth is not publicly disclosed. However, his successful legal career and political positions have undoubtedly contributed to his wealth. As of 2021, estimates suggest that Anthony Foxx's net worth is around $5 million.
Factors Contributing to Anthony Foxx's Net Worth
| Source | Estimated Value |
|---|---|
| Legal Career | $1-2 million |
| Political Career | $2-3 million |
| Post-Political Ventures | $1-2 million |
After leaving his position as Secretary of Transportation, Foxx joined the law firm of Sidley Austin LLP as a partner. He also serves on several corporate boards and is a visiting professor at the Massachusetts Institute of Technology (MIT). These post-political ventures have likely contributed significantly to his net worth.
Anthony Foxx's career has been marked by a commitment to public service and a dedication to improving the lives of Americans. His net worth is a reflection of his successful career in law and politics, as well as his continued involvement in public policy and corporate governance.
