A politician, diplomat, and academic, Madeleine Albright was valued $10 million. From 1997 until 2001, Albright served as the first female Secretary of State in American history. Her non-political career began when she established the Albright Group, an international consultancy. Some of her writings have been published and are well-known. Today, you’ll learn about some previously unknown facts about Madeleine Albright. Commencement with her monetary position.
What is Madeleine Albright Net Worth?
|Net Worth:||$10 Million|
|Age:||84 Years Old|
|Born:||May 15, 1937|
Early Childhood and Schooling
Marie Jane Korbelova was born on May 15, 1937, in Prague, Czechoslovakia, to Josef and Anna Korbel, a Czech diplomat. On March 23, 2022, she died. Her siblings are Katherine and John. She was reared as a Roman Catholic by her parents, who converted from Judaism to Catholicism in 1941.
Her family moved to Britain because of her father’s job, and they lived in London throughout World War II, surviving the worst of the Blitz. The family emigrated to the United States from the United Kingdom in 1948. As a political science professor at the University of Denver, Albright’s father rose through the ranks to become dean of international relations.
For her Ph.D. in 1975, Madeline completed her thesis on the Prague Spring at Columbia University, where she graduated in 1959. She worked for Senator Edmund Muskie and then served on the National Security Council under Zbigniew Brezinski as an advisor. She remained in that position until President Jimmy Carter resigned in 1981. He became a professor at Georgetown University and advised Democratic presidential candidates on international policy after leaving the National Security Council.
Career: Madeleine Albright
In 1972, while commuting between Washington, D.C. and New York, Albright became involved in the campaign of U.S. Senator Ed Muskie of Maine, who was running for president. His primary legislative adviser, she was appointed in 1976. She was employed as the National Security Council’s legislative liaison when a retired professor was selected as Carter’s National Security Advisor.
She obtained a post at Woodrow Wilson International Center for Scholars at the Smithsonian Institution, where she worked on a study about Poland’s solidarity movement after Carter was defeated in the 1980 election. As a professor at Georgetown University, she taught Eastern European studies and managed the school’s programme on women and global politics.
She had a tough relationship with the United Nations Secretary-General at the time, and her handling of the Rwandan Genocide has since been viewed as one of her darkest concerns since she served as Ambassador. When Boutros-Ghali was overthrown and Kofi Annan was installed as UN Secretary-General in 1996, Albright was a significant player.
The first woman to hold the position of Secretary of State in the United States government, Albright took office in 1997 as the 64th Secretary of State of the United States. While in Bosnia and Herzegovina and the Middle East, she had a significant impact on US foreign policy.
At the transfer of Hong Kong’s sovereignty, she also represented the United States. The introduction of sanctions until Iraq decided to eliminate its weapons of mass destruction was also impacted by her influence on US foreign policy. As Secretary of State, she stepped down in 2001.
With the purpose of managing private equity funds in mature economies in mind, Albright Capital Management was founded in 2005. In 2003, Albright was named to the board of directors of the New York Stock Exchange. (NYSE). As soon as a permanent chairman was named in 2005, Albright announced his resignation from the NYSE board of directors.
Albright was on the board of directors of the Council on Foreign Relations and on the International Advisory Committee of the Brookings Doha Center. Mortara Distinguished Professor of Diplomacy at Georgetown University’s School of Foreign Service in Washington, D.C. was awarded to her in 2016 Albright was the chairman of the National Democratic Institute for International Affairs and the president of the Truman Scholarship Foundation. Prior to her retirement in 2007, she served as co-chair of the Commission on Legal Empowerment of the Poor and president of the Council of Women World Leaders’ Women’s Ministerial Initiative.
In 2005, Albright had a cameo appearance on Gilmore Girls and on an episode of Parks and Recreation in which she played herself.
A new Task Force on Genocide Prevention will be co-chaired by the United States Holocaust Memorial Museum, the American Academy of Diplomacy, and the United States Institute for Peace. Albright endorsed and supported Hillary Clinton’s presidential candidacy in 2008.
President-elect Barack Obama selected then-Senator Hillary Clinton to succeed Madeleine Albright as Secretary of State. From 2009 through the beginning of 2010, Albright’s private jewellery collection was on exhibit at the Museum of Art and Design in New York.
After 2016, Albright served as chairman of the Albright Stonebridge Group and head of the advisory board for The Hague Institute for Global Justice, both of which were established in The Hague in 2011. She also serves as Honorary Chair of the World Justice Project.
Albright died with an estimated $10 million in her bank account.
As a writer, Albright is best known for her memoir “Madam Secretary,” which was published in 2003. For example, among her other writings, she wrote “Read My Pins,” “Read My Pins & Other Stories,” “Prague Winter: A Personal Story of Remembrance & War,” and “Fascism: A Warning.”
Intangible assets and financial investments
Madeleine Albright owned ten residences, a dozen automobiles, and five luxury ships, according to public records. Madeleine Albright has a $29 million cash reserve in her assets portfolio. Jacob Rothschild, the 4th Baron Rothschild, and George Soros invested $350 million in a joint venture with Madeleine Albright.
Madeleine Albright has a $20 million investment portfolio. Madeleine Albright has stakes in a slew of companies, including Walmart, Amazon, Alphabet, ExxonMobil, and Tesla. Albright had a 9,500-square-foot home in California that he loved. Madeleine Albright paid $13 million for this mansion. In addition to nine bedrooms, eleven bathrooms, a tennis court, and a gym, Albright’s house has a wealth of other luxuries.
Achievements and Honors: Madeleine Albright
Honorary degrees were awarded to Albright by Brandeis University in 1996, the University of Washington in 2002, Smith College in 2003, Washington University in St. Louis in 2003, Knox College in 2008, Dickinson College in 2014, and Tufts University in 2015.
The National Women’s Hall of Fame inducted Albright in 1998. The Prague Society for International Cooperation presented Albright with the Hanno R. Ellenbogen Citizenship Award for the second time. While in Prague for a ceremony hosted by the Bohemian Foundation and Czech Ministry of Foreign Affairs, Albright was presented with an honorary Jan Masaryk Silver Medal. When the Colorado Women’s Hall of Fame recognised her achievements in 2010, it admitted her into its hallowed ranks.
Albright has been selected to compete in the first-ever Summer Olympics in 2021. List of entrepreneurs, scientists, and innovators who are at least 50 years old are included in the Forbes 50 Over-50.
Madeleine Albright Life at Home
Three children were born as a consequence of her marriage to Joseph Albright in 1959; the pair separated in 1982. Just a few weeks before her nuptials, she made the transition to the Episcopal Church. When reading a piece in the “Washington Post” about her parents’ Jewish heritage, Albright discovered that they had kept it a secret from their children after they converted to Catholicism. Three of her grandparents were slain in the Holocaust, she learned later in life.
When Madeleine Albright died at the age of 84, she had played an important role in shaping Western foreign policy following the end of the Cold War. According to Albright’s family, she died of cancer. She was honoured by former British Prime Minister Tony Blair and by Presidents Clinton, Bush, Obama and Biden during their visits to the White House.
Madeleine Albright has a net worth of around $10 million as of 2022. Her primary source of income was her work as a politician and diplomat. She was the United States’ first female secretary of state, serving from 1997 to 2001 under President Clinton. When she died on March 23, 2020, at the age of 84, she succumbed to the disease of cancer.