In this article, We are going to cover everything about Ted Budd net worth, early life, and other things about his personal and political life.
So, without any further ado, let’s get started with Ted Budd Net Worth-
Ted Budd Net Worth 2022
Ted Budd net worth has been estimated to be around $6 million, making him one of the wealthiest politicians in the country.
With his career as a legislator and his businesses, he has amassed such big wealth. As a legislator, he receives at least $174,000 per year.
According to a report from Business Insider, he owns and operates a gun store and shooting range called ProShots in North Carolina. According to the report, the company is worth $1 to $5 million.
During the course of the business, the Budds provided AgriBioTech with a $10 million loan, which the company repaid with interest, totaling more than $25,000. In the meantime, the company filed for bankruptcy.
Also, Read | ARCHIE HEATON: EVERYTHING YOU SHOULD KNOW
Early Life of Ted Budd
Ted Budd was born in Winston-Salem, North Carolina, to a facility-services business owner whose family relocated to Davie County outside of Advance when Ted was a young boy.
A 1990 graduate of Davie County High School, Budd ultimately earned a degree in business from Appalachian State University.
He graduated from The Wake Forest University School of Business with a master’s degree in business administration.
While on a mission to the Soviet Union, Budd met his wife, Amy Kate, and together they had three children. Budd’s family still lives on the farm where he was raised in Davie County.
Budd won his Republican primary with 20% of the vote in the 2016 election for the 13th District. He was one of 17 candidates in the primary.
Budd won his general election against Bruce Davis, an ex-Guilford County Commissioner. He received 56% of the vote.
Also, Read | LETITIA JAMES NET WORTH – HOW MUCH IS SHE WORTH?
Ted Budd Wife, Amy Kate Budd
Amy Kate Budd is Budd’s wife. Amy Kate and Budd met while in the Soviet Union in 1991.
They have been married for 29 years, have three children, and live on the Davie County farm where Budd grew up.
A Wake Forest University MBA graduate, Ted holds a Masters of Theology from Dallas Theological Seminary and a Masters of Education from Dallas Baptist University. Theodore and his wife, Amy Kate, reside in Davie County, NC, with their three children.
Ted Budd Endorsements
The former president of the United States endorsed Tedd recently, saying, “This gentleman will be your next senator, someone you will be very proud of. He will fight like hell. I entrust him with my full endorsement.”
Nikki Haley endorsed Ted Budd alongside Donald J. Trump, saying, “North Carolinians are sick of out-of-control spending, rising crime, and government that wants to control them. I am supporting Ted Budd for these reasons. As a small business owner, he understands the best government is one that gets out of the way.“
Other endorsements received by Ted include those from North Carolina Lt. Governor Mark Robinson, Former Speaker of the House Newt Gingrich, Congressman Jim Jordan, and U.S. Senator Ted Cruz.
Last Words
Ted Budd net worth, early life, and other things related to Ted Budd’s life are all covered in this detailed article.
As for this article, I am wrapping it up here. Feel free to ask any questions in the comment section below. Our team will get back to you as soon as possible.
Sign up for our daily NEWSLETTER for the top stories from SequentialMatinee curated just for you. You’ll get the latest news and information in your inbox, including politics, weather, entertainment, and more.