Site icon The Shahab

Wayne Lapierre Net Worth: Why was the “CEO of NRA” Accused for Money Laundering?

wayne lapierre net worth

Wayne Lapierre Net Worth: Wayne LaPierre is the CEO and executive vice president of the National Rifle Association (NRA) in the United States since 1991.

Wayne LaPierre is best known for making divisive remarks in support of gun owners, gun rights, and the Second Amendment.

In this article, we will explore the net worth of Wayne LaPierre.

Early Life of Wayne LaPierre

Wayne Robert LaPierre Jr. was born on 11/8/1949 in Schenectady, NY. LaPierre’s parents are Hazel (Gordon) and Wayne Robert Sr. His father was a GE accountant.

The LaPierre family may have a 1600s French ancestry from Brittany. When LaPierre Jr. was 5, his family relocated to Roanoke, Virginia. Roman Catholicism was his upbringing.

Siena College in upstate New York awarded him a BS in government. He got his master’s in government from Boston College. A young employee for a Virginia Democrat working on gun regulations. He wasn’t a hunter or gun enthusiast.

LaPierre was medically exempted from the Vietnam draft.

Full Name Wayne Robert LaPierre Jr.
Birth November 8, 1949, in Schenectady, New York
Profession Businessperson
Education Boston College, Patrick Henry High School, Siena College
Net Worth $20 million
Salary $985,000
Wife Susan LaPierre

Wayne LaPierre’s Career Highlights

Since receiving his master’s degree in administration and politics, LaPierre has worked as a government activist and lobbyist.

LaPierre has been the Executive Vice President and Chief Executive Officer of the National Rifle Association (NRA), the nation’s biggest gun-rights advocacy and weapons safety training organization, since 1991. In 1977, he became a member of the National Rifle Association.

In 2014, people gave $103 million to the NRA, and LaPierre was paid $985,885. He got $3.7 million from his deferred compensation that same year.

“Crime, Guns, and Freedom “America Disarmed: Inside the UN and Obama’s Plan to Destroy the Second Amendment,” “Shooting Straight: Telling the Truth About Guns in America,” “Guns, Freedom, and Terrorism,” “The Global War on Your Guns,” “The Essential Second Amendment Guide,” and “Shooting Straight: Telling the Truth About Guns in America” are some of the books he has written.

LaPierre gave a speech in 2018 in response to the Stoneman Douglas High School shooting, in which 17 students and adults were slain. He chastised the FBI, the media, and proponents of gun regulation.

The Attorney General of New York launched a civil case against the NRA in 2020, alleging fraud, financial wrongdoing, and the misappropriation of charitable contributions.

Wayne LaPierre’s Net worth

Wayne LaPierre’s net worth is expected to be around $20 million in 2022.

The figure is based on LaPierre’s NRA profits, which average $1 million per year and have topped $5 million, as well as royalties from book sales and speaking engagements. And even if LaPierre were to leave the company, his income wouldn’t necessarily stop.

RELATED TOPICS:-

Wayne LaPierre’s Income from NRA

According to the NRA’s most recent Form 990 filing, Wayne LaPierre’s salary as executive vice president is $985,000. He also gets a $150,000 bonus every few months.

Between 2014 and 2015, he got $5,110,985 from the NRA. Most of this came from a $3.7 million retirement plan distribution. Reports say that Wayne also has a $17 million contract with the company after he leaves.

The NRA probably makes more than $400 million every year. The amount of money given each year is close to $100 million. Salaries and wages of employees add up to about $33 million per year, but the NRA has lost between $15 million and $45 million per year in the past. About 56 people who work for the NRA make more than $100,000 a year.

Leaked documents show that the CEO spent about $275,000 at a high-end men’s clothing store in Beverly Hills, California, over the course of 15 years. This store has been criticized in recent months.

In 2017, he made more than $1.4 million in pay. According to the NRA’s 2017 990 tax return, LaPierre was paid a salary of $1,366,688 plus $67,289 in “other remuneration from the organization and affiliated organizations” in 2017. His salary for the whole year was $1,433,977. In 2012, LaPierre made a total of $974,867.

In 2004, the first year for which the NRA’s 990 forms could be found, LaPierre made $633,823. No one knows how much money LaPierre makes from his books and public speaking.

Wayne LaPierre’s Wife: Who is she?

Wayne Lapierre is married to Susan LaPierre. Susan is the co-chair of the NRA’s Women’s Leadership Forum and a seasoned fundraiser with over 30 years of experience working for political, charitable, and mission-driven initiatives.

She is also the President of the Youth For Tomorrow Board of Trustees, a non-profit residential treatment institution. They dated for a long time before marrying on Valentine’s Day in 1992.

Susan is Wayne’s second wife, and the two of them have a happy life together, but they have yet to have a child.

Why has CEO Wayne Lapierre been accused of Misconduct?

On August 6, 2020, New York Attorney General Letitia James filed a lawsuit to get rid of the NRA. She said the group broke non-profit rules by giving tens of millions of dollars to executives, relatives of executives, and other close allies, which is against the rules.

The lawsuit said that Wayne LaPierre and three other top executives had “set up a culture of self-dealing, bad management, and bad oversight.” The following are some of the claims:

Frequently Asked Questions

Why is Wayne Lapierre Famous?

Wayne LaPierre is the CEO and executive vice president of the National Rifle Association.

Who is Wayne Lapierre’s Wife?

Susan LaPierre is the wife of Wayne Lapierre.

How Rich is Wayne Lapierre?

Wayne Lapierre has a net worth of $20 million.

Exit mobile version