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About John Hoeven Net Worth
John Hoeven was a North Dakota banker who served in numerous executive roles at various banks, most notably as President of the nation’s only state-owned bank, the Bank of North Dakota, from 1993 to 2000 on the Board of Directors at First Western Bank & Trust, an institution his late father helped found.
John Hoeven was elected in 2010 to the U.S. Senate, succeeding Senator Byron Dorgan, who chose not to seek reelection. Hoeven became the senior Senator in 2013 after Kent Conrad retired and was replaced by Democrat Heidi Heitkamp, who was once Hoeven’s opponent for the Governor’s office. Hoeven was reelected in 2016
John Hoeven has an estimated net worth of around $45 million, making him one of the wealthiest U.S. Senators.
Net Worth: | $45,000,000 |
Date of Birth: | 13 March 1957 |
Age: | 64 years old |
Gender: | Male |
Profession: | American banker and politician |
Nationality: | American |
Country | America |
Ethnicity | Bismarck, Dakota de Nord, US |
Residence | American |
Complexion | White |
From 1986 to 1993, Hoeven was executive vice president of First Western Bank & Trust, an institution his father bought in 1970. At one time, he owned 39% of the bank’s parent company, Westbrand, Inc. From 1993 to 2000, he was the president and CEO of the Bank of North Dakota, under governor Ed Schaefer
Hoeven was born in Bismarck, North Dakota, the son of Patricia “Trish” and John Henry “Jack” Hoeven, Jr. His father owned a bank in Minot, North Dakota, where he worked as the president and chairman. Hoeven’s ancestry is Dutch, Swedish, and English. Hoeven studied at Dartmouth College, which his father also attended. Hoeven belonged to the Alpha Chi Alpha fraternity and graduated with honors with a BA in 1979. While there, he played on the men’s golf team.
After Dartmouth, Hoeven attended the Kellogg School of Management at Northwestern University, graduating with an MBA in 1981
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