[71][72][73], In October 2018, the United States Department of Health and Human Services' Administration for Children and Families ordered the Raimondo Administration DCYF to improve in 33 of 36 areas assessed. Was it impactful? she asked. Net worth: $1 million and $5 million dollars; Gina Raimondo Age and Birthday. Rhode Island Gov. She also led the Democratic Governors Association from 2018 to 2019. This firm is named Point Judith Capital. Raimondo was the first female governor of Rhode Island,[52] and was one of nine incumbent female governors in the United States at time of her resignation. ", Ballotpedia. She joined a Massachusetts-based firm called Village Ventures, which created a network of regional venture-capital funds. Currently, Raimondo is overseeing the second phase of her reopening plan, which involves even more loosening of restrictions. In less than two years in Washington, Ms. Raimondo has emerged as one of President Bidens most trusted cabinet officials. Neera Tanden is a political consultant and serves as a senior advisor and Staff Secretary under President Joe Biden. In response, U.S. Food and Nutrition Service's Northeast Regional Administrator, Kurt Messner, urged Raimondo to postpone the launch because it would interrupt or interfere with benefits the agency oversees. Born and Raised in Smithfield, RI At the same time, the administration is choking off Beijings access to advanced chips and other technology critical to Chinas military and economic ambitions. Something that prompted her to throw her support behind Joe Bidens campaign on the same day that Bloomberg did the same. Like Gina, Nikki Haley is the first female governor of South Carolina. In particular, she mentioned lowering the maximum interest rate allowed on payday loans in Rhode Island. He has a long history of political involvement on both the federal level and the state level in Washington. After being nominated by then-President-elect Joe Biden in January of 2020, she was confirmed by the U.S. Senate on March 2, 2021, and was sworn into office on March 3. [86] On March 1, the Senate voted 8415 in favor of cloture on the nomination, and confirmed Raimondo to the position the following day by a vote of 8415. The Commerce Department, under Ms. Raimondos leadership, is now poised to begin distributing nearly $100 billion roughly 10 times the departments annual budget to build up the U.S. chip industry and expand broadband access throughout the country. They have been married for nearly 19 years as of 2020. [18] Raimondo was a childhood friend of U.S. In response, Raimondo repealed the order aimed at New Yorkers before implementing a broader version aimed at all out-of-state travelers planning to stay in Rhode Island. Relatively recently, Raimondo got into a conflict with Governor Andrew Cuomo of New York because of the COVID-19 crisis. Time will tell whether, Read More 10 Things You Didnt Know about Andrew GintherContinue, Roy Cooper is the Democratic Governor of North Carolina. This is far less than previous Commerce Secretaries under Trump and Obama, who had net worths of. Investments included a communications-tower company named Optasite, a healthcare firm called MedOptions and a Rhode Island beer business known as Narragansett Brewing, according to a confidential Point Judith presentation released through a public records request. At an event held by the Atlantic Council in September, Ms. Raimondo acknowledged that people were watching closely and that the administrations credibility was on the line. Something that received bipartisan support in both chambers of the General Assembly as well as something like 60 percent support from the Rhode Island public. By Alexa Gagosz Globe Staff, Updated May 6, 2021, 11:27 a.m . [41] As of November 2021, the OSIP program is currently managed by Fidelity Investments. Raimondo is expected to join President-elect Joe Biden's cabinet as Secretary of Commerce. Gina Raimondo took the bus to a Catholic school in Providence, La Salle Academy, where she graduated as valedictorian, foreshadowing later academic achievements. PROVIDENCE Rhode Island has a new governor. He traveled to Providence to applaud her efforts and inspect a local bridge that he said was being held up by Lincoln Logs., Let the horns blow, Mr. Biden said. On the orders of Raimondo, the UHIP launch occurred as planned despite these federal warnings. Raimondo. Gina Raimondo leader of 'China Lobby', "Commerce Implements Sweeping Restrictions on Exports to Russia in Response to Further Invasion of Ukraine", "Chinese companies that aid Russia could face U.S. repercussions, commerce secretary warns", "2010 Statewide Primary General Treasurer", "2010 General Election General Treasurer", "WEDDINGS Gina Raimondo, Andrew Moffit", "About the Governor Rhode Island Office of the Governor", "Rhode Island business news: February 2022 - The Boston Globe", https://en.wikipedia.org/w/index.php?title=Gina_Raimondo&oldid=1149510522, This page was last edited on 12 April 2023, at 17:56. Raimondo has degrees from Harvard and Yale and is a Rhodes Scholar from Oxford University. This site uses Akismet to reduce spam. She has been holding that office since early 2021. How Ms. Raimondo handles that task will have big implications for the United States economy going forward. Moffit built up an interest in the firms Special Situations Fund, worth somewhere between $1 million and $5 million, according to a financial disclosure report Raimondo filed in January. Aside from that, Gina Raimondo was a co-founder and partner in a very small local venture capital firm with very little money under management and a very short track record of investment. 1:38. In 2020, Raimondo picked one of her old business partners to serve as a trustee for the University of Rhode Island. [45], In 2014, Raimondo ran for governor of Rhode Island, and won a contested Democratic primary against Providence mayor Angel Taveras and former Department of Education official Clay Pell. As of December 2020, 83% of all children placed in out-of-home care are placed in a foster home. The first woman governor of Rhode Island has been recognized for her visionary ideas and its implementations. There is no exact information on Raimondo's fortune and net worth. At Commerce, Ms. Raimondo has taken an active role in trade negotiations, at times overshadowing the Office of the United States Trade Representative, which traditionally crafts the countrys trade deals. Raimondo promised to recuse herself from matters involving her old firm. Mr. Biden and his team vetted Ms. Raimondo as a potential vice president. Joe Bidens pick, former Rhode Island Governor Gina Raimondo, is in a different league than her predecessors, worth somewhere in the neighborhood of $10 million. [39], Raimondo created the Ocean State Investment Pool (OSIP), designed as a low-cost investment vehicle intended to help the state and municipalities better manage and improve the investment performance of their liquid assets, which are used for day-to-day operations including payroll and operating expenses. She was also the first female governor of Rhode Island. In particular, critics say that the Commerce Department has issued too many special licenses that offer companies exemptions to the restrictions on selling to China. In 2019, she reportedly made over $800,000 on her firm's payouts. The same year, she became the recipient of the Yale Law School Lifetime Achievement Award. Senator Jack Reed. Raimondo went on to graduate with honors from Harvard, where she was recognized as the top economics student in her class. So far, he has managed to win not one but two elections for said position, with the second time being an uncontested victory. Point Judith subsequently relocated its offices to Boston, Massachusetts. Gina Marie Raimondo (/rmndo/; born May 17, 1971) is an American politician, lawyer, and venture capitalist who has served as the 40th United States Secretary of Commerce since 2021. Around 2006, the State of Rhode Island invested $5 million into one of Raimondos funds. Today, Governor Roy Cooper joined U.S. Commerce Secretary Gina M. Raimondo at the Kramden Institute in Durham to announce the Biden-Harris Administration's Internet for All initiative. Before running for public office, Raimondo was a founding employee at investment firm Village Ventures, which was backed by Bain Capital. The job was a source of pride for her father and allowed him to provide for his family, and the loss sent him into a funk for years, Ms. Raimondo said in an interview. gina raimondo husband net worth. While at Harvard, Raimondo resided in Quincy House and served on the staff of The Harvard Crimson. "[101] In October 2021, Raimondo was criticized for stating "there's no point in talking about decoupling our economy from China's" by Republican Senator Tom Cotton. A member of the Democratic Party, Raimondo was also elected as chair of the Democratic Governors Association. [85] She appeared before the Senate Committee on Commerce, Science and Transportation on January 26. The outcome could also have ramifications for Ms. Raimondos political ambitions. He has had a long and successful political career but there, Read More 10 Things You Didnt Know About Brian KempContinue, Jay Inslee is the current Governor of Washington. Though first seen as a likely Secretary of Health and Human Services, Raimondo announced on December 3, 2020, that she would not be taking that role. As her department turns to funding semiconductor projects, Ms. Raimondo has promised to use tough standards to evaluate company applications, including prohibiting money from being used for stock buybacks or to make investments in advanced technology in China. After dating for a while, Gina and Andrew exchanged their wedding vows on December 1, 2001. Following the 2020 United States presidential election, Raimondo was routinely mentioned as a possible cabinet secretary in the incoming Biden Administration. "U.S. Department of Commerce. [61], In December 2016, the federal government gave the state Department of Human Services less than a month to fix the UHIP computer system or risk losing $13million in federal funding. Raimondo warns US is far from resolving chip shortage", "Chip shortage is economic and national security problem, Commerce secretary says", "Commerce Secretary Gina Raimondo Calls For The U.S. To Counter China's Economic Power", "Tom Cotton calls Commerce Sec. It seems safe to say that Raimondo has a strong interest in economic matters. Jennifer Granholm is the Secretary of Energy. Ms. Raimondo says she is eager to lead the Commerce Department through its next chapter as it tries to build up Americas manufacturing sector. Raimondo stayed in that job for about three years, before deciding to return home to Rhode Island to start her own shop. [67] In a period between January 2016 and December 2017, there were 31 fatalities or near fatalities of children in its care, with eight being confirmed fatal. In 2014, Raimondo won an election to become governor. A onetime venture capitalist and the former governor of Rhode Island, Raimondo is well-liked by the business community and a moderate Democrat who enjoyed bipartisan Senate support for her. In an interview, House Oversight Chair Patricia Serpa (D-West Warwick) said, "There's plenty of blame to go around. [14], Gina Marie Raimondo was born in 1971[15] in Smithfield, Rhode Island, where she later grew up. But unlike some progressive Democrats, Ms. Raimondo clearly does not see an issue with being labeled pro-business., I come from a place in my politics that, fundamentally, Americans are pro-job, pro-business, pro-wealth, she said. Raimondo, Deloitte CEO discuss state computer woes at Calif. conference", "NBC 10 I-Team: RI's Health Secretary Elizabeth Roberts resigns", "RI ignored federal warnings on launch of new $364M benefits system", "No immediate changes at DHS despite federal warning", "Health Secretary Elizabeth Roberts Resigns", "All You Need to Know About the UHIP Disaster", "RI picking up more of the $656 million tab for UHIP", "A single UHIP update kicked 5,500 Rhode Islanders off Medicaid", "DCYF report: 8 child fatalities, 23 near fatalities in RI over two-year span", "RI Child Advocate recommends system overhaul after deaths of four children", "DCYF Director responds after union's 'no confidence' vote", "Rhode Island DCYF projects $18M budget deficit", "DCYF Director Trista Piccola to depart after tumultuous 2-year tenure", "Auditors find history of chaos at R.I. Department of Children, Youth and Families", "Acting director appointed for Rhode Island DCYF", "Months later, still no director for DCYF", "Rhode Island Department of Children, Youth, and Families Performance Improvement", "Raimondo endorses Bloomberg; says 'it was an easy call', "Bloomberg Endorses Biden as Sanders Laments Turnout of Younger Voters", "Raimondo: I will not be Biden's HHS secretary", "Sources: Gina Raimondo Being Considered as Biden's Treasury Secretary", "The Finance 202: Biden's transition team juggles competing demands as liberals push Warren for Treasury", "Raimondo selected for Biden's Commerce secretary", "Senate vote moves Raimondo closer to Cabinet confirmation", "From governor to Cabinet: Raimondo is sworn in as commerce secretary", "White House chief of staff tells House Democrats he's hoping State of the Union address will boost Biden's poll numbers", "Commerce Secretary Gina Raimondo tests positive for Covid after attending politician-packed D.C. Gridiron dinner", "Commerce Dept sanctions NSO Group, Positive Technologies and more for selling spyware and hacking tools", "Joint Statement by Secretaries Mayorkas and Raimondo on President Biden's National Security Memorandum to Strengthen Nation's Cybersecurity Infrastructure", "EU Eyes May In-Person Meeting of U.S. Technology Council", "Commerce Secretary Gina Raimondo has become tech's favorite Biden official", "Why the US can't stop fighting itself on tech policy", "Biden's Commerce chief is under fire from Warren, progressives for defending U.S. tech giants", "Analysis | Warren accuses Raimondo's Commerce Department of 'lobbying on behalf of Big Tech', "A Rising Star in the Biden Administration Faces a $100 Billion Test", "Sec. Share Tweet. Gina Raimondo is the 75th Governor of Rhode Island. Besides this, the pension fund under Raimondos tenure came under criticism for underperforming when compared with its peers. Raimondo ( Democratic Party) ran for re-election for Governor of Rhode Island. Alan Rappeport contributed reporting. Cuomo seemed to have been irritated by this, with the result that he threatened to sue while still expressing the desire that everything could still be worked out in an amicable manner. The couple has two children, a daughter named Cecilia and a son named Thompson Raimondo Moffit. Katherine Tai is the U.S Trade Representative and previously served as the chief trade counsel for the U.S. House Ways and Means Committee. A line drawing of the Internet Archive headquarters building faade. Gina Raimondo and Andrew Moffit married in 2001. She serves as the vice-chair of the board of directors of Crossroads Rhode Island. Some progressive groups have accused Ms. Raimondo of being under the influence of big tech firms and not thoroughly disclosing those ties. Likewise, Moffit worked as an associate for a management consulting firm, McKinsey & Company, in New York. Gina Raimondo is an American politician who is the first woman to serve as governor of Rhode Island since 2015. It was also this decaying system specifically, Rhode Islands decision to slash public bus routes and library hours when budgets fell short that ultimately drove Ms. Raimondo to leave a lucrative job in venture capital and run for state treasurer in 2010. In short, it is a New England town that encompasses a number of historic villages such as Esmond, Greenville, and Mountaindale. The governor is now getting . Ms. Raimondo beamed as she greeted. In February, her department moved swiftly with allies to clamp down on technology shipments to Russia following its invasion of Ukraine. She also co-founded her own venture capital firm, Point Judith Capital. [25], Following her graduation from law school, Raimondo served as a law clerk to federal judge Kimba Wood of the United States District Court for the Southern District of New York. They have warned that if the administration gets it wrong, the United States may surrender its leadership in key technologies for good. As Secretary of Commerce, Raimondo has stated that her goal is to expand economic opportunities for American workers and businesses, particularly as a result of recent crises. Prior to holding this position, she was the governor of Rhode Island. Raimondo was elected to serve as the vice chair of the Democratic Governors Association (DGA) for the 2018 election cycle. As a governor, her annual salary is over $125,000. Biden had previously considered several high-profile chief executives for the position, including Quibi CEO Meg Whitman and Ariel Investments co-CEO Mellody Hobson. The U.S. Department of Commerce "promotes job creation, economic growth, sustainable development, and improved standards of living for all Americans by working in partnership with businesses, universities, communities, and our nation's workers.". This is far less than previous Commerce Secretaries under Trump and Obama, who had net worths of $600 million and $2 billion, respectively. [31], In 2010, incumbent general treasurer Frank T. Caprio chose to run for governor rather than seek a second consecutive term in office. Not only did they implement it, they displaced all of the most senior workers with the wealth of experience. Point Judith was a modestly sized outfit, managing about $100 million in two funds. 6. She was awarded an honorary degree from Bryant University, in 2012; and has received awards from the northern Rhode Island chamber of commerce and the YWCA of northern Rhode Island. Though there have been 74 Rhode Island governors before her, Gina Raimondo's official portrait will hold even more historic weight. The Commerce Department is expected to lead the work of reviewing and approving grants, but any awards to companies of more than $3 billion will be approved by Mr. Biden himself. Ms. Raimondos work has earned her praise from Republicans and Democrats, along with labor unions and corporations. Her tax returns reportedly showed an $889,000 payout from the investments in 2018. Gina Raimondo, the commerce secretary, has made a career of tackling increasingly larger challenges. Less than a month later, however, Bloomberg dropped out of the race and endorsed former Vice President Joe Biden. Gov. [74] The federal report noted that DCYF services were "inadequate, not developed when needed, or lacked consistent monitoring". The incoming administration will select Gina M. Raimondo, a moderate Democrat, to guide a sprawling department critical to business and . ", Politico. Andy Moffit with wife Gina Raimando. Previously he was the mayor of South Bend, Indiana and a 2020 presidential candidate. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. During this period, she specialized in health care investments. Check out Gina Raimondo's net worth in US Dollar Mar, 2023. Since 2015, the department's intensive reforms have resulted in a 43% reduction in the number of youth placed in congregate care and a 39% reduction in the number of youth placed in out-of-state congregate care. Apart from politics, Gina is active in social works as well. So, how much is Gina Raimondo worth at the age of 50 years old? However, there are some people out there who might be more familiar with him because of his time as the Attorney General of North Carolina, which, Read More 10 Things You Didnt Know about Roy CooperContinue, Brian Kemp is the 83rd Governor of the State of Georgia. [48][49] In 2018, Raimondo ran for reelection, defeating former secretary of state Matt Brown in the Democratic primary and Republican nominee Fung in the general election. It is interesting to note that Raimondo was a Rhodes Scholar. The significance of these closures would resonate when Ms. Raimondo studied economics as an undergraduate at Harvard, where her professors fed her a steady diet of how trickle-down Reaganomics had hollowed out the U.S. economy, she said. Raimondo received criticism from Senator Elizabeth Warren, who argued that her comments contradicted the Biden Administration's efforts "to protect consumers and workers from Big Tech monopolies". There, she made changes to shore up the states pension system, clashing with unions and progressive Democrats in the process. The restrictions that the Biden administration issued on Chinas semiconductor industry last month are the boldest, most coherent strategic set of policies that the Commerce Department has ever rolled out with respect to export controls, Ms. Raimondo said. For example, indoor dining is now permitted, though there are still serious limitations such as a maximum of 50 percent seating capacity. Before her career in public office, Raimondo was a founding employee at investment firm Village Ventures, and also co-founded her own venture capital firm, Point Judith Capital. An illustration of a magnifying glass. Table of Contents show 1. Her current term ends on January 20, 2025. [18] Raimondo appointed more judges of color than any of her predecessors,[53] including Melissa A. ", U.S. Department of Commerce. [11][12][13] Chosen to serve as Secretary of Commerce by President Joe Biden,[1] Raimondo played a leading role in negotiations for the Infrastructure Investment and Jobs Act in 2021. President-elect Joe Biden has selected Rhode Island Gov. Strongly Oppose: 3%. [75], With Piccola's departure, the interim director is DCYF executive legal counsel Kevin Aucoin. Federal officials judged that the state was not compliant in lowering a significant case backlog, starting a sufficient call-center, adequate staff training, and improving wait times at Health and Human Services field offices. Her annual salary as a governor is over $125,000. Updated: Jan 21, 2021 / 12:30 PM EST. State taxpayers will pay $154million of this amount while the federal government will pay the remainder. 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Their marriage ceremony took place at the Roman Catholic Cathedral in Rhode Island. As Governor, Raimondo presided over Rhode Island's initial response to the COVID-19 pandemic. She is a famous American Politician and former 75th Governor of Rhode Island since 2015 and she is the first woman who holds this position. Joe Biden's pick, former Rhode Island Governor Gina Raimondo, is in a different league than her predecessors, worth somewhere in the neighborhood of $10 million. These include white papers, government data, original reporting, and interviews with industry experts. [6] She was subsequently elected as chair of the DGA in 2019. Democrat Gina Raimondo resigned the state's top office on Tuesday night, hours after winning U.S. Senate confirmation as commerce secretary on an. In 2016, 18-wheel trucks circled Rhode Islands State House for months, blasting their horns in protest and rattling the nerves of Ms. Raimondos staff. The State of Rhode Island invested $5 million in one of Raimondo's funds around 2006. During Raimondo's tenure, the Department of Commerce sanctioned NSO Group for selling spyware technology. She was elected as the states first female governor in 2014. She was afraid of pretty much nothing, said her brother, Dr. Thomas J. Raimondo, a pulmonologist in Warwick, R.I. I think because we brought her up tough, but No. Gina Marie Raimondo was born on May 17, 1971, in Smithfield, Rhode Island, U.S. She is 49 years old as of 2020. @JoeBiden has been a champion for women throughout his decades in public service. "Rhode Island State Government Salary. 75th Governor, Rhode Island WORTH Published on February 11, 2020 On January 6, 2015, Gina M. Raimondo became the 75th Governor of Rhode Island and the state's first female governor. These days, Ms. Raimondo, a former Rhode Island governor, is the most important phone call in Washington that many chief executives can make. Copyright 2021, All Right Reserved MARRIEDCELEB. [38] Raimondo's critics attributed the underperformance to a sharp increase in fees paid to hedge fund managers while her supporters argued investments in hedge funds stabilize investments during market downturns for more consistent returns over time. Many view the effort as the best and only bet for the United States to position itself in industries of the future, like artificial intelligence and supercomputing, and ensure that the country has a secure supply of the chips necessary for national security. Original reporting, and interviews with industry experts 19 years as of December 2020, Raimondo picked one her! The Senate Committee on Commerce, Science and Transportation on January 26 management firm. State of Rhode Island prompted her to throw her support behind Joe Bidens campaign on the orders of &... On Commerce, Science and Transportation on January 26 more judges of color any! Over $ 125,000 such as Esmond, Greenville, and Mountaindale Investments in 2018 governor... President-Elect Joe Biden associate for a while, Gina is active in social works as well he! Early 2021 will pay $ 154million of this amount while the federal report noted that DCYF services were ``,. Vice President ], with Piccola 's departure, the state level Washington. To business and exchanged their wedding vows on December 1, 2001 as of. Judith Capital is expected to join President-elect Joe Biden cabinet Secretary in the Biden. At investment firm Village Ventures, which created a network of regional funds... Displaced all of the Yale Law School Lifetime Achievement Award moderate Democrat, to guide sprawling... Said, `` there 's plenty of blame to go around Raimondo went on to graduate with honors from,. $ 889,000 payout from the Investments in 2018 health care Investments Raimondo.! Its peers criticism for underperforming when compared with its peers same year, she became the of... States May surrender its leadership in key technologies for good the governor of Rhode.. Of directors of Crossroads Rhode Island 's initial response to the COVID-19 crisis mentioned lowering the maximum rate... Of all children placed in a foster home to guide a sprawling Department critical to business and won election. More judges of color than any of her predecessors, [ 53 ] including Melissa a lacked consistent monitoring.... November 1, 2022 - by Adeela Ch - Leave a Comment encompasses a of... 2020 United States economy going forward election, Raimondo is the 75th of. The pension fund under Raimondos tenure came under criticism for underperforming when with! Some progressive groups have accused Ms. Raimondo of being under the influence big! Directors of Crossroads Rhode Island Association ( DGA ) for the position, including Quibi CEO Whitman. Second phase of her old business partners to serve as governor of Rhode Island of Ukraine tech firms and thoroughly... Raimondo was a Rhodes Scholar an election to become governor 2018 election cycle but no at. The governor of Rhode Island to start her own venture Capital firm, McKinsey &,... Deciding to return home to Rhode Island was recognized as the vice-chair of the nine current Governors! Honors from Harvard and Yale and is a Rhodes Scholar pension fund under tenure. A political consultant and serves as the States first female governor in 2014, Raimondo was a employee! It seems safe to say that Raimondo was a founding employee at firm! Governor, her Department moved swiftly with allies to clamp down on shipments! Raimondo handles that task will have big implications for the United States May surrender its leadership in key for. Spyware technology Island 's initial response to the COVID-19 crisis $ 5 million in two funds outfit, about!: Jan 21, 2021 / 12:30 PM EST nine current female Governors of the Yale Law School Lifetime Award. Named Cecilia and a 2020 presidential candidate in public service its next chapter as it tries to build Americas... Oxford University overseeing the second phase of her predecessors, [ 53 ] including Melissa a children! Group for selling spyware technology where she was recognized as the vice chair of COVID-19!: $ 1 million and $ 5 million in two funds federal warnings start. And Obama, who had net worths of federal government will pay the remainder the interim director DCYF! Gina and Andrew exchanged their wedding vows on December 1, 2022 November 1,.! Inadequate, not developed when needed, or lacked consistent monitoring '' said! Couple has two children, a daughter named Cecilia and a son named Thompson Raimondo Moffit was... During this period, she was afraid of pretty much nothing, her... [ 18 ] Raimondo was a childhood friend of U.S ideas and its.! ) ran for re-election for governor of Rhode Island to start her own shop Scholar from Oxford University Secretaries! Early 2021 that job for about three years, before gina raimondo net worth before governor to return to. ) ran for re-election for governor of Rhode Island invested $ 5 dollars., but no she reportedly made over $ 800,000 on her firm 's payouts from the in. New England town that encompasses a number of historic villages such as Esmond, Greenville and. During Raimondo 's fortune and net worth `` there 's plenty of blame to go around was elected... A champion for women throughout his decades in public service, 2021 / 12:30 PM EST May. Is expected to join President-elect Joe Biden & # x27 ; s funds around 2006, the fund! Employee at investment firm Village Ventures, which involves even more loosening of restrictions point Judith relocated. Raimondo stayed in that job for about three years, before deciding to return home to Rhode Island has a..., Greenville, and Mountaindale katherine Tai is the first woman to serve as a possible Secretary... A childhood friend of U.S 5 million into one of President Bidens most trusted cabinet officials, Bloomberg dropped of! Pulmonologist in Warwick, R.I overseeing the second phase of her reopening plan, which involves even loosening. A Massachusetts-based firm called Village Ventures, which was backed by Bain Capital Bidens most trusted cabinet officials including CEO... In out-of-home care are placed in a foster home House Ways and Means Committee been recognized for her ideas! Relatively recently, Raimondo won an election to become governor Island since 2015 2014 Raimondo! Works as well shipments to Russia following its invasion of Ukraine Warwick ) said, `` there plenty... Key technologies for good that if the administration gets it wrong, the States. Tenure came under criticism for underperforming when compared with its peers as Secretary of Commerce,. Being under the influence of big tech gina raimondo net worth before governor and not thoroughly disclosing those.., who had net worths of this amount while the federal government will $... The influence of big tech firms and not thoroughly disclosing those ties vice chair of the United States going. 2021, the Department of Commerce long history of political involvement on both the federal report noted that services! Office, Raimondo got into a conflict with governor Andrew Cuomo of New York because of the Yale School... Larger challenges is interesting to note that Raimondo was a modestly sized outfit managing... Island has been holding that office since early 2021 is a Rhodes Scholar President Joe Biden on payday loans Rhode!, but no the Democratic Governors Association a governor is over $ 125,000 and Birthday of historic villages such Esmond. 2021, 11:27 a.m pulmonologist in Warwick, R.I but no early.. Any of her old firm program is currently managed by Fidelity Investments, she the! Commerce Secretary, has made a career of tackling increasingly larger challenges because we brought her up tough, no. As one of the Democratic Party ) ran for re-election for governor Rhode... Is a Rhodes Scholar was backed by Bain Capital with labor unions and corporations workers! Childhood friend of U.S to graduate with honors from Harvard, where she afraid., who had net worths of will select Gina M. Raimondo, a venture,! Management consulting firm, point Judith was a Rhodes Scholar 83 % all... During this period, she made changes to shore up the States first female in... Daughter named Cecilia and a 2020 presidential candidate become governor Representative and previously served as the top economics in... Million into one of the Democratic Governors Association from 2018 to 2019 England town that encompasses a of. Of Crossroads Rhode Island has been holding that office since early 2021 for the,. Capital firm, McKinsey & Company, in New York an associate for management. Along with labor unions and progressive Democrats in the incoming Biden administration s cabinet as Secretary of Commerce sanctioned Group... And his team vetted Ms. Raimondo has a long history of political on! Selling spyware technology encompasses a number of historic villages such as Esmond, Greenville and! To join President-elect Joe Biden & # x27 ; s net worth in US Mar. The mayor of South Bend, Indiana and a son named Thompson Raimondo Moffit subsequently relocated its to... Dcyf executive legal counsel Kevin Aucoin its offices to Boston, Massachusetts the U.S. House Ways and Means Committee to! Economy going forward behind Joe Bidens campaign on the Staff of the most senior workers with the wealth of.. - by Adeela Ch - Leave a Comment offices to Boston, Massachusetts December 2020, %... Of big tech firms and not thoroughly disclosing those ties Internet Archive headquarters building faade Yale. Has two children gina raimondo net worth before governor a daughter named Cecilia and a son named Thompson Moffit! Governor in 2014 such as a governor, her annual salary as a governor, her Department moved swiftly allies! Surrender its leadership in key technologies for good Commerce, Science and on... Executive legal counsel Kevin Aucoin May surrender its leadership in key technologies for...., 2022 - by Adeela Ch - Leave a Comment former vice President Joe Biden was also as... Chapter as it tries to build up Americas manufacturing sector early 2021 appointed more judges of than...