Jeb Bush Net Worth

Jeb Bush net worth is estimated at $40 million. He is an American politician, businessman, and education advocate who rose to national prominence as the 43rd Governor of Florida and a leading figure in the Republican Party during the late 1990s and 2000s.

A member of the influential Bush political family, Jeb Bush is the son of former President George H. W. Bush, the brother of former President George W. Bush, and the brother of former Florida Governor Jeb Bush—himself a two-term governor with a long résumé in public service and private enterprise. Much of his wealth was accumulated outside elected office, primarily through real estate investments, consulting, board positions, and private-sector advisory work.

Early Life

Jeb Bush was born John Ellis Bush on February 11, 1953, in Midland, Texas, to George and Barbara Bush. He earned the nickname “Jeb” from his initials. The Bush family had six children, though Jeb’s older sister Robin died from leukemia at age three.

At age six, the family moved to Houston, Texas, where Bush attended Grady Elementary School. He later enrolled at Phillips Academy in Andover, Massachusetts. After initially struggling academically, Bush improved significantly, making the honor roll by his senior year and serving as captain of the tennis team.

Unlike many members of his family, Bush chose to attend the University of Texas at Austin, enrolling in 1971. He majored in Latin American studies, inspired by his experience teaching English in Mexico as a teenager. He graduated magna cum laude in just two and a half years and was inducted into Phi Beta Kappa.

Business Career

Before entering elected office, Jeb Bush built a substantial portion of his net worth through banking, real estate, and private business ventures.

After college, he worked at Texas Commerce Bank, which later sent him to Caracas, Venezuela, to help open a new international branch. In 1980, Bush relocated to Miami, Florida, where he became deeply involved in real estate development.

He later partnered with The Codina Group, one of South Florida’s most successful commercial real estate firms, and pursued additional entrepreneurial ventures. These private-sector roles, along with consulting work and board memberships after leaving office, became major contributors to Jeb Bush net worth.

Political Career in Florida

Bush entered Florida politics in the mid-1980s, serving as Chairman of the Dade County Republican Party. After helping Bob Martinez win the 1986 gubernatorial election, Bush was appointed Florida Secretary of Commerce, a role he held until 1988.

After an unsuccessful gubernatorial bid in 1994, Bush won election as Governor of Florida in 1998. He was re-elected in 2002, becoming the first two-term Republican governor in Florida history.

From 1999 to 2007, Bush focused on:

• Tax cuts and reduced state spending
• Education reform, including school grading and charter school expansion
• Environmental conservation, particularly in the Everglades
• Streamlining state government operations

He also governed during a period marked by multiple major hurricanes and played a key role in Florida’s emergency response efforts.

Education Advocacy

After leaving office, Bush remained influential in public policy, particularly education reform. He founded the Foundation for Excellence in Education, a nonprofit think tank promoting accountability, innovation, and school choice.

Bush also served on corporate boards, advised private equity firms, and earned income through consulting and speaking engagements, further increasing his wealth.

Presidential Campaign and Tax Returns

Jeb Bush launched a bid for the Republican presidential nomination ahead of the 2016 election. Initially viewed as a frontrunner, his campaign struggled amid shifting party dynamics and the rise of Donald Trump, who famously labeled him “low-energy Jeb.” Bush suspended his campaign after poor primary performances.

As part of his campaign, Bush released 33 years of tax returns, revealing that between 1981 and 2013, he earned approximately $38.3 million, largely from private-sector work rather than public office salaries.

Philanthropy and Civic Engagement

Bush has remained active in charitable and civic initiatives. He served as co-chair of the Barbara Bush Foundation for Family Literacy from 2012 to 2015 and continues to support education-focused nonprofits.

He also hosts the Annual AT&T Jeb Bush Florida Golf Classic, a fundraiser benefiting the Cystic Fibrosis Foundation.

Personal Life

Jeb Bush met his wife, Columba Garnica Gallo, while teaching English in León, Mexico, in 1970. They married in 1974 and have three children: George, Noelle, and Jeb Jr.

Raised Episcopalian, Bush converted to Roman Catholicism in 1995. He later became a Fourth Degree Knight of Columbus, reflecting his active involvement in Catholic service organizations.

Jeb Bush Net Worth

Jeb Bush net worth is estimated to be $40 million.