Inside the Antique Mall That's Greg Pence's Largest Asset Vice president's brother is running for Congress but seldom gives interviews A worker arranges merchandise at the Exit 76 Antique Mall. Hes not big on talking to the media, but if you want to see Indiana congressional candidate Greg Pence, the brother of the vice president, the Exit 76 Antique Mall here may be a good place to look. The report found that the items have remained on sale for years, despite customer complaints to the mall's management dating as far back as 2008. Where their similarity ends, however, is when it comes to money. Date of Birth: Jun 7, 1959 (63 years old) Place of Birth: Columbus, Indiana, U.S. At a minimum, that would mean the mall is bringing in at least $113,4000 from renting out the booths, but it's unclear how much of that comes back to Greg himself, since some of that is presumably used for operating costs. Spanning a massive10,300 square feet, the estate sits on five acres of land and comes with all the amenities your heart desires. We will update Greg Pences Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Greg is a congressman serving the same Indiana district his little brother represented before moving on to the governorship and then his current position as VP. That comment about Greg's involvement at the malldoesn't exactly bode well for the 2020 racially charged scandal at the mall though, especially since Greg's spokesperson toldThe Star Press he's not "engaged in the active management"of the mall. EmployeessaidPence stops in three or four times a week when hes in town. While the demise of the business and the (literal) mess it caused seemed like a major loss to the Pences, it's not clear how much Greg's finances were personally affected. Pence came under fire this summer because one of his malls displayed Jim Crow-era themed items, such as "Mammy" biscuit jars (per ABC News). Where their similarity ends, however, is when it comes to money. + qs; However, they've made plenty of headlines. Along with another smaller antique mall in nearby Bloomington, this 72,000-square-foot mall is Pences largest asset. That stance on Friday helped the former vice-president's brother net a statement from Trump reading: "Greg Pence has my Complete and Total Endorsement!". . Ten years after the landmark 2010 Supreme Court decision known as Citizens United which, according to the Brennan Center for Justice, "further tilted political influence toward wealthy donors and corporations" more and more attention is now paid to how much politicians are worth and how much they earn while in office. DC Today, we honor the 13 brave and selfless American heroes who upheld their oath to our Nation. Origin of wealth: Car dealerships and more. While most elected national representatives make an annual base salary of $174,000, Congressional leaders like the Speaker of the House make more (She makes $223,500). Who is Vice President Mike Pences brother Greg Pence? His father Edward Pence started working at the gas station empire with founder Carl Kiel, per the New York Times. For permission to reprint for commercial uses, According the Center for Representative Politics, Greg Pence's net worth is valued at just over $12 million. Its unclear how much of that money he still has, or whether he has made even more with investments. Pence and the vendors who rent his spaces seemed to see no problems with the products. He ran in the 2018 General Election and eventually won the election. Senator Perdue comes from a family of schoolteachers in the Peach State. Trump also hailed the Republican . Please only use it for a guidance and Greg Pence's actual income may vary a lot from the dollar amount shown above. Greg Pence is more popular for being the brother of the present vice-President of the USA Mike Pence. Mike Pence's personal life will be discussed today, as well as his wife, net worth, wiki, biography, career, and parents. [11] Pence also worked for Marathon Oil and Unocal. But on a crisp, sunny Friday one of those Indiana spring days that gave way to snow and rain showers three hours later Pence wasnt seen at the antique mall. They are both collectively owned by Pence Group LLC. But according to Greg Pence's team, the congressman is not actively involved in choosing the inventory sold at his malls. His net worth has been growing significantly in 2020-2021. And the general lack of campaign memorabilia was surprising. The multi-millionaire got his start as a tech entrepreneur: He and his wife co-founded RightNow Technologies, which was bought by Oracle in 2011. Greg provided his military services from the year 1979 until the year 1984. Pence has made money in more ways than just politics. Theyre mostly stale enterprises with not much life, said one vendor of the antique mall model. Louis DeJoy - 75th United States Postmaster General, Aaron Blake - American journalist & senior political reporter, Maggie Haberman - American Journalist & Political Reporter, Stephanie Grisham - Chief of Staff to the First Lady of the United States. Worth: $ 0.14: 1 penny, 1985-1992. If he were able to sell that annuity today, he could get around $700,000 for it. Image Credit: Instagram Except for the Revolving Door section, content on this site is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 United States License by OpenSecrets.org. This is another attempt by the liberal media to rehash old, baseless attacks." And she wasn't kidding. Trivia. Greg Pences income source is mostly from being a successful . Most people dont get that kind of golden handshake, says Grover Norquist, president of the right-leaning Americans for Tax Reform. Her brother was Clear Channels CEO before the Mays family sold a large percentage of its stake in the company in 2008. NEW: Pence adviser Greg Jacob intends to publicly testify at a hearing next Thursday, June 16, according to a source familiar with the panel's schedule. Instead he has spent two decades earning government paychecksand banking onhefty, taxpayer-funded plansto cover his retirement. The sale closed on May 25. As the former governor of Indiana and Vice President of the United States, Pence made a good salary, which helped add to his net worth. Mike Pence Net Worth, a former vice president of the United States, will have a $1 million Mike Pence Net Worth in 2023. During his involvement at Kiel Brothers Oil Company, he also ran a chain of gas stations as well as convenience stores. The company is responsible for building some of the biggest commercial parks, office buildings and residential subdivisions in South Carolina. Mike is worth approximately $1.2 million. Mike Pence's net worth. While Mike Pence's net worth is estimated at a moderate $1.2 million, according to Forbes, Greg Pence's net worth is $12.6 million, reported the Center for Responsive Politics. such as textbooks, contact OpenSecrets: info[at]crp.org. Origin of wealth: Internet startups, tech, Washingtons real median household income: $70,979. Floridas real median household income: $52,594. "As you may know, Congressman Pence is not engaged in the active management of the Exit 76 Antique Mall," spokesperson Milly Lothian told The Star Press. The bank fought Greg Pence in court and obtained a $3.8 million judgment, which he later settled for pennies on the dollar, according to records and interviews. T.J. Cox (D-Calif.), net worth $11.8 million, received $609,825 for two of his 26 businesses. One of their sons, John was the senior advisor for Donald Trumps Presidential Election this year in 2020. His primary source of income is his current political position. Some elderly people rent booths for a few months to get rid of household possessions. Greg Pence Social Network Timeline 2018 Apparently, this cost Greg's younger brother Mike Pence $673,000, according to 2006 tax filings. North Dakotas real median household income: $61,843. Mike has a worth of just around $1.2 million. He does not own a house and hasn't saved much except for $15,000 in a bank account and $65,000 in index funds. By 2000, Pence was a minor celebrity in the conservative Midwest. Both Pence brothers at one point worked for the family business, Kiel Brothers Oil Co., which went bankrupt in 2004 (per Chicago Tribune). So, how much is Greg Pence worth at the age of 65 years old? They have electricity for us., To the dealers, its a great model, said another vendor named Susan, who was restocking her booth. But profits aren't the only thing the antiques have brought Greg Pence. The median household income in the U.S. is $61,372, according to the U.S. Census Bureau. Greg Pence (Gregory Joseph Pence) was born on 14 November, 1956 in Columbus, Indiana, United States, is a U.S. Representative from Indiana. Similarly, her husband Mike Pence also makes millions from State and Government Pensions. In 2004, the company filed for Chapter 11 bankruptcy and Greg resigned. Gregory's current home is located at Beckley, WV. He has an estimated net worth of $1 million, with most of it coming from his pension which is worth around $500,000 per year, according to Celebrity Net . Since leaving office, Pence has remained under the radar following a contentious election that increased tensions with former President Donald Trump, according to insiders. Montanas real median household income: $53,386. Mike Pence doesnt have all that much to his name. Ed Perlmutter is a member of Politician. According to Celebrity Net Worth, Mike Pence currently has a net worth of $1 million. And it appears he offered more than the asking price, as it was initially listed for $1.8 million. Although he admitted not seeing eye to eye on that day, he said Republicans must move forward united.. A 501(c)(3) tax-exempt, charitable organization, 1100 13th Street, NW, Suite 800 He later invested in biotech, ceramics and health care. He has also likely been saving a chunk of his federal salary through the Thrift Savings Plan, essentially a 401(k) for government employees. Born in Columbus, Indiana, on November 14, 1956,[1] Pence is the oldest of six children born to his parents, Ann Jane "Nancy" (ne Cawley) and Edward Joseph Pence Jr., who ran a group of gas stations. "Vendors can't sell underwear," wrote Simone Path, of the aforementioned 2018 Roll Call article. He is the grandson-in-law of the founder of Walmart, Sam Walton. Controversy aside, it does seem like the antiques malls have been lucrative, butthere's not a concrete figure floating around for the Indiana congressman's net worth. Greg Pence, as well as his wife Denise Pence, are a huge supporter of Donald Trump. Phone: (812) 799-5230 Fax: (844) 313-1563 Greenfield Office 18 E. Main Street, Suite 210 Greenfield, IN 46140 Phone: (812) 799-5233 Richmond Office 50 North 5th Street 2nd Floor Richmond, IN 47374 Phone: (765) 660-1083 Contact Email Me Newsletter Subscription Offices Request an Appearance Website Problem Issues Agriculture Community Economy document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Copyright 2023 BiographyTree. And when Pence leaves office in 2021 or 2025, the public will remain on the hookeven if he follows his predecessor, Joe Biden, and rakes in millions from books and speechessince Pence will be right at the governments retirement age, ready to start cashing in on his government pensions. As a government employee, pensions account for a sizable portion of his net worth. Greg Jacob's net worth is believed to be $12 million. In July 2018,Chicago Tribunereported Kentucky, Indiana, and Illinois spent millions to clean contaminated sites from the business. 2006-2018:www.afrrevjo.net 23 . Ed Perlmutter was born in in May 1, 1953. That means taxpayers are on the hook to fund the 60-year-old vice presidents retirement through his state and federal pensions. Here, fans of old dusty things can find "everything from a $10 U.S. Capitol porcelain plate to an $800 barbecue bull that lets smoke out of its nose, with plenty of Elvis figurines, costume jewelry, knives and grandfather clocks stuffed in between." Pence left Congress in 2013 to become governor of Indiana. Greg Pence's Democratic challenger in the upcoming elections, Jeannine Lee Lake, is one of three Black candidates on the ballot in Indiana this November. The Utah senator ran for president in 2012 and was one of the richest candidates for president, ever. Aside from his charter jet business and his car dealerships across the southeastern United States, the Florida congressman has fifty other businesses. Gregory Pence was born on 09/14/1958 and is 63 years old. Rent at one of the 600 booths at the Edinburgh mall starts at $189 per month, and he takes a commission from each sale made. Republication and duplication of text and coin images and all other Content of uCoin.net site is prohibited unless explicitly authorized by the site . "And the general lack of campaign memorabilia was surprising. These cookies do not store any personal information. I'm officially calling out Greg and his wife, Denise, who co-owns the malls," Lee tweeted. Mike Pence office. They collect sales tax for me, they do all the insurance, they do all the utilities, they deal with customers I dont have to worry about anything except bringing new merchandise.. They have nine grandchildren. The next year, with the company bankrupt, the value of those shares dropped to zero. As you might imagine, he's been working a bit harder in the private sector than his brother Mike in order to amass those millions. He served a single term in the statehouse before being elected vice president. We have estimated Greg Pence's net worth, money, salary, income, and assets. [12] They have four children and nine grandchildren. We recommend you to check the complete list of Famous People born on 14 November. Greg Pence: School: Columbus North High School: College: Hanover College: Religion: Christian: Nationality: American: Zodiac Sign: Gemini: Gender: Male: Sexual Orientation: Straight: . With no significant business experience, he ranked among the Capitols poorer members, with few assets besides stock in an Indiana gas station and convenience store chain called Kiel Bros. Oil Co. Pence likely inherited the shares from his father, who was an early employee. The outlet also reported that Greg's wife Denise Pence runs the mall. Bishop said there are rumors flying, but neither mall is for sale. Greg distanced himself from the cost of cleaning up the multi-state mess, with his spokesperson tellingChicago Tribune, "Greg Pence has had nothing to do with Kiel Bros since 2004. 59 talking about this. When profit margins on gas and tobacco products fell, the debt-burdened Kiel Bros., also dealing with a handful of environmental fines, was forced to file for bankruptcy. The exact value is not clear, but Greg's 2018financial disclosure form estimates that the mall is valued somewhere between $5 million and $25 million. A nearby outlet mall, roughly 40 miles south of Indianapolis, helps draw shoppers from Interstate 65. He was born on November 14, 1956 . Let's investigate. He earned an average income of about $173,860 in 2015. This website uses cookies to improve your experience. Meanwhile, Pence and his wife owe between $100,000 and $245,000 across eight Parent PLUS student loans they took out to help put their three children through college. He is a member of famous with the age 65 years old group. The congressman from California represents Silicon Valley and has a background in intellectual property law. cb: (new Date()).getTime() Former mechanical engineer Collins bought out a part of an industrial gear company he was working at. These cookies will be stored in your browser only with your consent. Pence had previously worked for Marathon Oil and Unocal Corporation, then became vice president of Kiel Brothers Oil Company, the familys gas station and convenience store business. Victoria Spartz (Republican Party) is a member of the U.S. House, representing Indiana's 5th Congressional District.She assumed office on January 3, 2021. Ed Perlmutter Net Worth. Pence is cruising to victory in Indianas open 6th District seat, the same one his brother held for 12 years before being elected governor in 2012. He took over his familys Volvo dealership and expanded it with his siblings into nine highly successful dealerships. Biography. Greg owns a lot of antique malls in southern Indiana. Pence came under attack in July 2020 when ABC News reported that he was allowing the sale of "objects with racist depictions of African Americans" at his antique malls. It may not seem too lucrative, but these rents and cuts of vendor sales apparently add up. In 1999, he was elected to the board of directors of Home Federal Bancorp and its subsidiary Home Federal Savings Bank. id: "96220e5d-b43a-44f2-bae8-6cba7e69115c", [16], Pence and his wife, Denise, own two antique malls. Greg Jacob is an attorney. Her main moneymaker is Carlton Hotel Properties, which owns the Carlton Hotel in San Francisco. 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