The following article presents information regarding North Carolina Senate candidate Ted Budd net worth.
Ted Budd is an American businessman and politician who has served as a 13th congressional district of North Carolina’s representative since 2017. Budd is a member of the Republican party, and is the Republican nominee in North Carolina’s 2022 United States Senate election to replace incumbent Republican Senator Richard Burr, who has decided to step down and retire.
In the North Carolina Senate race, Ted Budd is leading opponent Cheri Beasley. The Senate race in North Carolina is one of the most competitive this election cycle. Because the Senate is split 50-50, Republicans would gain control of the chamber if they gained one seat.
According to a recent Emerson College Polling and The Hill poll, Budd has a slim lead over Beasley. According to the poll, half of voters support Budd for Senate, while 45% support Beasley, giving Budd a 5% advantage. According to the poll, North Carolina voters prioritized the economy and abortion access, in that order.
What is North Carolina Senate candidate Ted Budd’s net worth? Read on to know more on the topic: Ted Budd net worth- How much is Ted Budd worth?
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Ted Budd net worth- How much is Ted Budd worth?
Ted Budd’s net worth is estimated to be around $6.4 million, making him one of the wealthiest politicians in the United States. He earns at least $174,000 per year as a congressman. He owns ProShots, a gun shop and shooting range in North Carolina, and his company is worth between $1 and $5 million.
Ted Budd Early Life and Education
Ted Budd was born in 1971 in Winston-Salem, North Carolina. His family moved to a 300-acre (120 ha) farm on the Yadkin River in Davie County outside Advance when he was young, where they raised cattle and chickens. His father ran a facility-services business.
Budd attended Summit School in Winston-Salem before transferring to Davie County High School, where he graduated in 1990. He then attended Appalachian State University, where he majored in business and graduated in 1994. Budd graduated from the Wake Forest University School of Business with a master’s degree in business administration.
Ted Budd Career
Ted Budd worked as an investment analyst and the owner of a gun range and store before entering the political arena.
Budd was first elected to the 13th Congressional District of North Carolina in 2016, and he was re-elected in 2018 and 2020. Budd was one of 17 candidates in the Republican primary for the 13th Congressional District in 2016. Budd’s house was previously in the 5th district, but was later moved to the 13th.
Ted Budd won the primary elections with 20% of the vote with the help of the Club for Growth, which spent over $285,000 on his campaign. In the general election, Budd defeated Bruce Davis, a former Guilford County commissioner, with 56% of the vote.On January 3, 2017, he was sworn in. Budd is a Freedom Caucus member.
Budd visited Mar-a-Lago on April 23, 2021, to discuss his potential U.S. Senate candidacy with former U.S. President Donald Trump. A shoet while after his meeting with the former president, Budd announced his candidacy for the United States Senate seat being vacated by retiring Senator Richard Burr on April 28, 2021.
Budd received the endorsements of former president Trump and his daughter-in-law, Lara Trump, who had declined to run for the seat, at the Republican state convention in Greenville on June 5. Despite the former president’s endorsement, the former Governor of North Carolina, Pat McCrory decided he would remain in the race. Representative Mark Walker, a third declared candidate, said he, too, would remain in the race, claiming victory in a straw poll of convention attendees.
On May 17, 2022, Budd emerged victorious in the Republican primary. In the general election in November 2022, he will be up against Democratic nominee Cheri Beasley. Budd was more than 30 points ahead of McCrory. His victory sets up a fall showdown with Democratic nominee Cheri Beasley, a former state Supreme Court chief justice.
Speaking after his victory, Budd said that Republicans “need to pull together and look to the real race in November” against the Democratic nominee, whom he tied closely to President Joe Biden. “If we send her to Washington, she will enable every element of Joe Biden’s agenda,” he said.
Budd is a supporter of key conservative agendas. He is dedicated to strengthening the family and recognizes the cultural battle we must wage to keep it intact. He is an Eagle Scout Dad who also served as an Assistant Scoutmaster. Ted and Amy Kate homeschooled their three children, and Ted was a member of North Carolinians for Home Education’s board of directors.
Budd co-sponsored a House version of the bill with over 80 Republicans after Senator Lindsey Graham introduced legislation that would ban abortion nationwide after 15 weeks of pregnancy. Budd opposes the Affordable Care Act and voted in 2017 to repeal it. The For the People Act, a Democratic bill aimed at expanding voting rights, is opposed. According to the Senate hopeful, the bill undermines election integrity by expanding “no excuse” absentee voting and weakening voter ID requirements.
“A few months ago, when parents had to send their kids back to school and they’re saying you know, my kids won’t stop growing, I’ve got to buy them new clothes and a new backpack,” Budd says. “I don’t know how I’m going to do that and then put gas back in my tank and put groceries on my table. They’re talking about it in very real terms and they’re hurting.”
On the other hand, Democrat Cheri Baisley is relying on protecting abortion rights for women to bolster her campaign. “If we don’t have this right, it means that women, and disproportionately Black and brown women will die, and that is absolutely unacceptable,” Beasley says.
Ted Budd Personal Life
Ted Budd was born on October 21, 1971, and is 51 years of age.
Ted Budd is married to Amy Kate Budd. Budd met his wife, Amy Kate, in 1991 while on a mission to the Soviet Union. When they met again in the United States, he invited her out to ride motorcycles after which the two got together, and eventually tied the knot. The couple have three children and the family lives on the Davie County farm where Budd spent his early years.
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