Estimating Eric Holder’s net worth – $11.5 Million
Eric Holder: A Quick Overview
Born on January 21, 1951, in The Bronx, New York City, Eric Himpton Holder Jr. is a renowned attorney. He is recognized for being the 82nd Attorney General of the United States, serving from 2009 to 2015. Notably, he holds the distinction of being the first African-American to assume this role. His professional journey commenced in the 1970s.
As of late 2016, Eric Holder’s net worth was approximated to be $11.5 million, according to reliable sources. This wealth primarily stemmed from his successful law career and thriving private practice.
Insight into Eric Holder’s Career and Professional Accomplishments
Eric’s father, Eric Himpton Holder Sr., originally from Barbados, settled in the USA at 11 and worked as a real estate broker, while his mother Miriam hailed from New Jersey. Eric displayed exceptional intellectual abilities from an early age, being involved in a program for gifted children from the fifth grade. He pursued his education at Stuyvesant High School in Manhattan and later graduated with a BA degree in American History from Columbia University in 1973. Subsequently, he earned his Juris Doctor Degree from Columbia Law School in 1976. During his time at Columbia, he gained experience by working for the United States Attorney and NAACP Legal Defense and Educational Fund.
Following his studies, Eric joined the Public Integrity Section of the US Justice Department, where he remained for 12 years, contributing to both his wealth and professional expertise. In 1988, President Ronald Reagan appointed him as a judge on the Superior Court of the District Columbia. Serving as a judge for five years, he then transitioned to become the US Attorney for the District of Columbia in 1993, courtesy of an appointment by President Bill Clinton. Subsequently, he assumed the role of Deputy Attorney General during Clinton’s tenure, focusing on various critical areas, further augmenting his net worth.
Post his tenure as US Deputy Attorney General, Eric joined the law firm Covington & Burling, representing numerous high-profile clients, including pharmaceutical company Merck & Co., NFL, Swiss bank UBS, and others, significantly contributing to his financial prosperity.
In 2009, Eric Holder was nominated by President Barack Obama for the position of Attorney General. He assumed office with a decisive vote in his favor and served until 2014 when he chose to step down, citing personal reasons. Loretta Lynch succeeded him.
Personally, Eric has been married to Sharon Malone since 1990 and is a father of three children. He is actively involved in mentoring programs for youth in inner cities and is known for his philanthropic contributions in this regard. In his leisure time, he frequents basketball games and indulges in recreational play, owing to his familial connection with retired basketball star Jeff Malone, his nephew.