Lloyd Austin (Secretary Of Defence) Bio, Wiki, Age, Nationality, Education, Wife, Children, Height, Health, Salary, Net Worth

Lloyd Austin
Lloyd Austin

Lloyd Austin Biography And Wiki

Lloyd Austin, born on August 8, 1953, in Mobile, Alabama, is an American politician and retired United States Army four-star general. He has been serving as the 28th and current United States Secretary of Defense since January 22, 2021. Graduating from the United States Military Academy in 1975, Austin held various command and staff roles during his 39-year military career prior to assuming the role of Secretary of Defense. Notably, he commanded U.S. and coalition forces in Iraq and served as the head of U.S. Central Command (CENTCOM). Lloyd Austin made history as the first African American to hold the position of Secretary of Defense in the United States.

Lloyd Austin Age And Birthday

Born on August 8, 1953, in Mobile, Alabama, USA, he falls under the zodiac sign of Leo.

Lloyd Austin Height And Weight

 Austin’s stature measures at 6 feet 4 inches (193 cm) in height, with an approximate weight of 250 pounds (113 kg).

Lloyd Austin Nationality

Austin holds American nationality.

Lloyd Austin Education

Austin pursued his education at the United States Military Academy, commonly known as West Point, where he graduated in 1975.

Lloyd Austin
Lloyd Austin

Who is Lloyd Austin spouse And Children?

Lloyd Austin is married to Charlene Austin. However, details about their children are not readily available to the public.

Llyod Austin Parents, Siblings And Family

Austin maintains a private life, and as a result, specific details about his parents, siblings, or other family members are not widely known.

Lloyd Austin Career

Austin’s military career spans from 1975 to 2016. Upon graduating from West Point in 1975, he was commissioned as a second lieutenant in the Infantry. He underwent training at Airborne and Ranger schools and held various leadership positions, including rifle platoon leader, scout platoon leader, company executive officer, and company commander. Austin later commanded the 2nd Battalion, 505th Infantry in the 82nd Airborne Division and served as G-3 for the division. He also commanded the 10th Mountain Division during the War in Afghanistan and led the Multi-National Corps – Iraq during his tenure in the military.

Lloyd Austin Salary and net worth

Following his retirement from a distinguished 41-year career in the U.S. Army, Lloyd Austin, the former Secretary of Defense, amassed a significant portion of his wealth through various pursuits, notably his involvement on corporate boards. His estimated net worth stands at approximately $7 million.

During his military service, Austin secured a lucrative pension,expected to yield around $15,000 monthly, equivalent to roughly $1.8 million today. Additionally, his engagements on corporate boards and advisory roles contributed substantially to his earnings.

For example:
– Serving on the board of Guest Services Inc., he acquired $643,000 in cash over a span of five years, alongside equity awards valued at an estimated $1.1 million.
– His tenure on the board of the Carnegie Corporation of New York yielded at least $39,000 in compensation over nearly four years.
– As a director at Nucor, a steel manufacturer, he received $411,000 in cash and approximately $500,000 in stock awards.
– Through his position on the board of Tenet Healthcare Corporation, he earned $328,000 in cash over three years and benefited from stock awards that appreciated in value to an estimated $1.5 million.
– Additionally, he received at least $200,000 in fees for his service on the national security advisory board of Booz Allen Hamilton.
– Upon joining Pine Island Capital Partners, a private equity firm, he received undisclosed compensation.

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Additionally, in November 2020, Fidelity Investments compensated him with over $40,000 for his advisory committee role.

Upon assuming the position of Secretary of Defense, Austin pledged to abstain from involvement in matters concerning Raytheon Technologies. He divested his stock holdings, realizing over $2 million in proceeds over a span of two months.

During his confirmation hearing, Austin articulated his decision not to pursue employment as a lobbyist or serve on the board of a defense contractor such as Raytheon after his tenure, citing his age as a factor.

In summary, Lloyd Austin’s net worth reflects his extensive military career and subsequent engagement in corporate governance and advisory capacities, resulting in a substantial financial portfolio.

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