Rex Tillerson Net Worth 2018

Rex Tillerson is a retired energy manager, a civil engineer and today one of the highest-ranking government officials in the Trump administration where he serves as the 69th Secretary of State. From 2006 to 2016 he has been the Chief executive of Exxon Mobil the world’s largest traded international oil and gas company.

Tillerson these days deals with matters such as trade concerns with China, nuclear-armed North Korea among other issues. Considering now he is a Trump key man one can wonder on Trump’s cabinet of billionaires exactly what’s Rex Tillerson net worth in 2018 and in addition, I have added a few more things probably you don’t know about Rex Tillerson.

Early Life

Rex Tillerson Net Worth 2019

Rex Wayne Tillerson is the son of Bobby Joe Tillerson and Patty Sue who gave birth to him in 1953 in Wichita Falls, Texas. He was inherent in Huntsville and Texas together with her two sisters; Jo Lynn and Rae Ann Hamilton. He studied at Huntsville high school where he joined the school band and became the leader of the collision. Through a scholarship, he enrolled and graduated with a pedigree in civil engineering from the University Of Texas.

Personal Life

Rex married his first wife whom he bore twins with, but they later divorced. He later wedded Renda St. Clair and the couple had a baby boy in 1988.

Career

Rex’s career in business sprung up in 1975 after joining the multi-million energy company, Exxon where he worked as a production inventor. After gaining experience, he was promoted to be; the broad manager in 1986, the president in 1995 and the vice president in 1998. The company joined with Mobil in 1999 and became Exxon Mobil where he was elected as the VP, and in 2004 he emerged the director and president of the company. After he successfully abided in the company for all those years, he finally retired as the CEO earlier this year.

During his stay in the company, he had formed alliances with big personalities globally including making bonds with Russia’s President, Vladimir Putin. He is also a member of many associations where he invests in they include; The Business Roundtable, The American Petroleum Institute, The Business Council and The National Academy Of Engineering.

His career in politics rose when he was advocated to President Donald Trump by Condoleezza Rice, and it was seconded by Robert Gates for him to be Secretary Of State. After he was nominated, he was approved by many votes in the Senate leading him to win and thereafter sworn in on February 2017. With authority he chose, Elliot Abram to be his commissioner Secretary Of State. He then embarked on his work and has since performed various tasks although his work is not much acclaimed due to his poor leadership. But since it’s his first year in the government, we expect his competence to be beefed up in future as he gains experience in politics.

Awards & achievements: Include being recognized by Forbes as the 25th Strongest Personality in 2015. On accolades, he received The Order of Friendship Award in 2013 from President Vladimir Putin, and in 2017 he gained The Dewhurst Award courtesy of The World Petroleum Council.

Net Worth, Salary & Income

Rex Tillerson net worth is $350 million. The source of Rex Tillerson net worth fortune is his involvement with world’s 10th largest company by revenue, and world’s largest publicly traded international oil and gas company ExxonMobil where he served as the Chief Executive for a decade where he accumulated his net worth value. Upon retiring, he was given a retirement package of $180 million every year and still retains around 2.6 million shares. Rex Tillerson also his chunk of money will get a big boost now that he is on the salary.

6 Facts You Need To Know About Rex Tillerson

From the look of things from being a businessman and today, the secretary of state Rex Tillerson has really crafted a career for himself. But here are a few things you probably don’t know about Rex Tillerson.

1. The Russian president cemented his relationship with him by awarding him an Order of Friendship.

2. Sanctions don’t really work according to Tillerson.

3. He is very active in Boy Scouts of America and even served as president.

4. He supports a carbon tax.

5. He also put his support on free trade.

6. Unlike other secretaries of state who served previous governments he has no experience in government or as a diplomat.

Rex Tillerson net worth is just a show of how successful the man is in business we hope it’s the case in politics.

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