Rand Paul Net Worth 2021, Age, Height, Family, Wife, Children

Rand Paul net worth

Read the complete write-up of Rand Paul net worth, biography, age, height, family, parents, wife, children as well as other information you need to know.


Rand Paul is an American physician and politician serving as the junior United States Senator from Kentucky since 2011. He is the son of the former three-time presidential candidate and twelve-term U.S. Representative of Texas Ron Paul.

Rand Paul attended Baylor University and is a graduate of the Duke University School of Medicine. Paul began practising ophthalmology in 1993 in Bowling Green, Kentucky. In 2003 he withdrew from the American Board of Ophthalmology and declared himself self-certified by his National Board of Ophthalmology. He continued working and established his own clinic in December 2007. In 2010, Paul entered politics by running for a seat in the United States Senate. A Republican, Paul has described himself as a constitutional conservative and a supporter of the Tea Party movement.

Paul was a candidate for the Republican nomination at the 2016 U.S. presidential election. He suspended his campaign in February 2016 after finishing in fifth place during the Iowa caucuses. While he initially opposed candidate Donald Trump during the 2016 Republican primaries, he supported Trump following his nomination and became one of his top supporters in the Senate during and after his presidency.

Early life

NameRand Paul
Net Worth$4 million
ProfessionPolitician, Physician
Age58 years
Rand Paul net worth

Randal Howard Paul was born on January 7, 1963(age 58 years) in Pittsburgh, Pennsylvania. His parents are Carol Wells and Ron Paul, who is also a politician and physician. The elder Paul was a U.S. Representative from Texas and ran for President of the United States three times. The middle child of five, his siblings are Ronald “Ronnie” Paul Jr., Lori Paul Pyeatt, Robert Paul, and Joy Paul-LeBlanc. Paul was baptized in the Episcopal Church and identified as a practising Christian as a teenager.

Despite his father’s libertarian views and strong support for individual rights, the novelist Ayn Rand was not the inspiration for his first name. Growing up, he went by “Randy”, but his wife shortened it to “Rand.” The Paul family moved to Lake Jackson, Texas, in 1968, where he was raised and where his father began a medical practice and for a period of time was the only obstetrician in Brazoria County.

When Rand was 13, his father was elected to the United States House of Representatives. That same year, Paul attended the 1976 Republican National Convention, where his father headed Ronald Reagan’s Texas delegation. The younger Paul often spent summer vacations interning in his father’s congressional office. In his teenage years, Paul studied the Austrian economists that his father respected, as well as the writings of Objectivist philosopher Ayn Rand. Paul went to Brazoswood High School and was on the swimming team and played defensive back on the football team.

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Paul attended Baylor University from fall 1981 to summer 1984 and was enrolled in the honours program. During the time he spent at Baylor, he was involved in the swim team and the Young Conservatives of Texas and was a member of a secret organization, the NoZe Brotherhood, known for its irreverent humour. He regularly contributed to The Baylor Lariat student newspaper. Paul dropped out of Baylor without completing his baccalaureate degree, when he was accepted into his father’s alma mater, the Duke University School of Medicine, which, at the time, did not require an undergraduate degree for admission to its graduate school. He earned an M.D. degree in 1988 and completed his residency in 1993.

Medical career

After completing his residency in ophthalmology, Paul moved to Bowling Green, Kentucky, where he has held a state-issued medical license since 1993. He received his first job from John Downing of Downing McPeak Vision Centers. Paul worked for Downing for about five years before parting ways. Afterwards, he went to work at the Graves Gilbert Clinic, a private medical group in Bowling Green, for 10 years before creating his own practice in a converted one-story house across the street from Downing’s office. After his election to the U.S. Senate, he merged his practice with Downing’s medical practice.

Paul has faced two malpractice lawsuits between 1993 and 2010; he was cleared in one case while the other was settled for $50,000. His medical work has been praised by Downing and he has medical privileges at two Bowling Green hospitals. In April 2020, after recovering from COVID-19, Paul began volunteering at a hospital in Bowling Green, assisting them in their response to the COVID-19 pandemic in Kentucky.

Paul specializes in cataract and glaucoma surgeries, LASIK procedures, and corneal transplants. As a member of the Bowling Green Noon Lions Club, Paul founded the Southern Kentucky Lions Eye Clinic in 2009 to help provide eye surgery and exams for those who cannot afford to pay. Paul won the Melvin Jones Fellow Award for Dedicated Humanitarian Services from the Lions Club International Foundation for his work establishing the Southern Kentucky Lions Eye Clinic.

National Board of Ophthalmology

In 1995, Paul was certified to practise by the American Board of Ophthalmology (ABO). Three years earlier, the ABO had changed its certification program, which previously awarded lifetime certifications, and required ophthalmologists to recertify every 10 years, while those who had already been given lifetime certification were not required to recertify. Paul felt this was unfair and began an aggressive campaign to have all ophthalmologists recertify every ten years.

In 1997 he set up the National Board of Ophthalmology (NBO) to offer an alternative certification system, at a cost substantially lower than that of the ABO. Its certification exam, which Paul completed for his own certification, was an open book take-home test that Paul helped write. Paul appointed exclusively his own family members to the board of directors and registered the Board to an incorrect address.

Named board members were Paul, his wife, and his father-in-law. His father-in-law, the board’s nominal secretary, stated “I never did go to any meetings … There was really nothing involved. It was more just a title than anything else, for me”. The NBO was, itself, never accepted as an accrediting entity by organizations such as the American Board of Medical Specialties, and its certification was considered invalid by many hospitals and insurance companies. Rand Paul let his own ABO certification lapse in 2005, which did not affect his practice in Kentucky; the state does not require board certification. By Paul’s estimate, about 50 or 60 doctors were certified by the NBO. The NBO was incorporated in 1999, but Paul allowed it to be dissolved in 2000 when he did not file the required paperwork with the Kentucky Secretary of State’s office. He later recreated the board in 2005, but it was again dissolved in 2011.

Political activism

Paul was head of the local chapter of the Young Conservatives of Texas during his time at Baylor University. In 1984, Paul took a semester off to aid his father’s primary challenge to Republican Senator Phil Gramm. While attending Duke University School of Medicine, Paul volunteered for his father’s 1988 Libertarian presidential campaign.

In response to President Bush’s breaking his election promise to not raise taxes, Paul founded the North Carolina Taxpayers Union in 1991. In 1994, Paul founded the anti-tax organization Kentucky Taxpayers United (KTU) and was chair of the organization from its inception. He has often cited his involvement with KTU as the foundation of his involvement with state politics. The group examined Kentucky legislators’ records on taxation and spending and encouraging politicians to publicly pledge to vote uniformly against tax increases.

Paul managed his father’s successful 1996 congressional campaign, in which the elder Paul returned to the House after a twelve-year absence. The elder Paul defeated incumbent Democrat-turned-Republican Greg Laughlin in the Republican primary, despite Laughlin’s support from the NRCC and Republican leaders such as Newt Gingrich and George W. Bush.

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The Wall Street Journal reported in 2010 that, although Paul had told a Kentucky television audience as recently as September 2009 that KTU published ratings each year on state legislators’ tax positions and that “we’ve done that for about 15 years”, the group had stopped issuing its ratings and report cards after 2002 and had been legally dissolved by the state in 2000 after failing to file registration documents.

Paul spoke on his father’s behalf when his father was campaigning for office, including throughout the elder Paul’s run in the 2008 presidential election, during which Rand campaigned door-to-door in New Hampshire and spoke in Boston at a fundraising rally for his father on the 234th anniversary of the Boston Tea Party.

In February 2014, Paul joined the Tea Party-affiliated conservative advocacy group FreedomWorks in filing a class-action lawsuit charging that the federal government’s bulk collection of Americans’ phone records metadata is a violation of the Fourth Amendment of the U.S. Constitution. Commenting on the lawsuit at a press conference, Paul said, “I’m not against the NSA, I’m not against spying, I’m not against looking at phone records… I just want you to go to a judge, have an individual’s name and [get] a warrant. That’s what the Fourth Amendment says.” He also said there was no evidence the surveillance of phone metadata had stopped terrorism. Critics, including Harvard University law professor Alan Dershowitz and Steven Aftergood, the director of the American Scientists’ Project on Government Secrecy, called the lawsuit a political “stunt”. Paul’s political campaign organization said that the names of members of the public who went to Paul’s websites and signed on as potential class-action participants would be available in the organization’s database for future campaign use.

On the announcement of the filing of the lawsuit, Mattie Fein, the spokeswoman for and former wife of attorney Bruce Fein, complained that Fein’s intellectual contribution to the lawsuit had been stolen and that he had not been properly paid for his work. Paul’s representatives denied the charge, and Fein issued a statement saying that Mattie Fein had not been authorized to speak for him on the matter and that he had in fact been paid for his work on the lawsuit.

Paul is co-author of a book entitled The Tea Party Goes to Washington (2011) and also the author of Government Bullies: How Everyday Americans Are Being Harassed, Abused, and Imprisoned by the Feds (2012). Paul was included in Time magazine’s world’s 100 most influential people, for 2013 and 2014. He is also a contributor to Time magazine.

Election to U.S. Senate

At the beginning of 2009, there was a movement by political supporters of his father to draft Paul in a bid to replace beleaguered Republican Kentucky senator Jim Bunning. Paul’s potential candidacy was discussed in the Los Angeles Times and locally in the Kentucky press. Paul’s father said, “Should Senator Bunning decide not to run, I think Rand would make a great U.S. Senator.” On April 15, 2009, Paul gave his first political speech as a potential candidate at a Tea Party rally held in his town of Bowling Green, Kentucky, where more than 700 people had gathered in support of the Tea Party movement. The Tea Party Goes to Washington. Nashville: Center Street. 2011.

On May 1, 2009, Paul said that if Bunning, whose fundraising in 2009 matched his poor numbers in opinion polling for the 2010 election, declined to seek a third term, he would almost certainly run in the Republican Party primary to succeed him, and formed an exploratory committee soon after, while still promising to stay out of the race if Bunning ultimately decided to run for reelection. Paul made this announcement on MSNBC’s The Rachel Maddow Show, though a Kentucky news site first broke the news.

On July 28, 2009, Bunning announced that he would not run for reelection in the face of insufficient fundraising. The announcement left only Paul and Secretary of State Trey Grayson as the remaining candidates for the Republican nomination, with Paul announcing on August 5, 2009, that he would officially run for the U.S. Senate as a Republican. The announcement was made through a series of national TV events, radio, and other programs, as well as newspapers in Kentucky.

On August 20, 2009, Paul’s supporters planned a money bomb to kick off his campaign. The official campaign took in $433,509 in 24 hours. His website reported that this set a new record in Kentucky’s political fundraising history in a 24-hour period. A second “money bomb” was held on September 23, 2009, to counter a D.C. fundraiser being held for primary opponent Trey Grayson, by 23 Republican United States Senators. The theme was a UFC “fight” between “We the People” and the “D.C. Insiders”. Later in the campaign, Paul claimed his pledge to not take money from lobbyists and Senators who had voted for the bailout was only a “primary pledge”; he subsequently held a fundraiser in Washington, D.C., with the same Senators who had been the target of the September 23, 2009, “money bomb”. Paul ended up raising some $3 million during the primary period. Paul’s fundraising was aided by his father’s network of supporters.

Although Grayson was considered the frontrunner in July 2009, Paul found success characterizing Grayson as a “career politician” and challenging Grayson’s conservatism. Paul ran an ad in February that made an issue out of Grayson’s September 2008 admission that he voted for Bill Clinton when he was 20 years old. James Dobson, a Christian evangelical figure, endorsed Grayson on April 26 based on the advice of what Dobson described as “senior members of the GOP”, but on May 3 the Paul campaign announced that Dobson had changed his endorsement to Paul after Paul and some Paul supporters had lobbied Dobson insisting on Paul’s social conservative bona fides.

On May 18, Paul won the Republican Senatorial primary by a 23% margin, meaning he would face the Kentucky Attorney General Jack Conway, in the November 2 general election.

General campaign

In the 2010 general election, Paul faced Kentucky Attorney General Jack Conway. The campaign attracted $8.5 million in contributions from outside groups, of which $6 million was spent to help Paul and $2.5 million to help Conway. This money influx was in addition to the money spent by the candidates themselves: $6 million by Paul and $4.7 million by Conway.

On June 28, 2010, Paul supporters held their first post-primary online fundraising drive, this time promoted as a “money blast”.

Paul’s campaign got off to a rough start after his comments on the Civil Rights Act of 1964 stirred controversy. Paul stated that he favoured 9 out of 10 titles of the Civil Rights Act of 1964, but that had he been a senator during the 1960s, he would have raised some questions on the constitutionality of Title II of the Act. Paul said that he abhors racism and that he would have marched with Martin Luther King Jr. to repeal Jim Crow laws. He later released a statement declaring that he would have voted for the Act and stated: “unequivocally … that I will not support any efforts to repeal the Civil Rights Act of 1964”. Later he generated more controversy by characterizing statements made by Obama Administration officials regarding the Deepwater Horizon oil spill cleanup as sounding “un-American”.

Paul defeated Conway in the general election with 56% of the vote to 44% for Conway.

Presidential race

Rand Paul was considered a potential candidate for the Republican nomination for the Presidency of the United States since at least January 2013. He delivered the Tea Party response to President Barack Obama’s State of the Union address on February 13, 2013, while Marco Rubio gave the official Republican response. This prompted some pundits to call that date the start of the 2016 Republican primaries. That year, he spoke at the Conservative Political Action Conference in Washington D.C., where he won the 2016 Presidential straw poll. Paul went on to win the straw poll for the next two years as well, leading to some considering Paul to be a front runner for the nomination, although CPAC attendees are typically considered younger and more libertarian-minded than average Republican voters.

In a speech at the GOP Freedom Summit in April 2014, Paul insisted that the GOP has to broaden its appeal in order to grow as a party. To do so, he said it cannot be the party of “fat cats, rich people and Wall Street” and that the conservative movement has never been about rich people or privilege, “we are the middle class”, he said. Paul also said that conservatives must present a message of justice and concern for the unemployed and be against government surveillance to attract new people to the movement, including the young, Hispanics, and black voters.

During the 2014 election, Paul launched a social media campaign titled “Hillary’s Losers” which was meant to highlight many of the Democratic candidates that lost their bids for the U.S. Senate despite endorsements from Hillary Clinton. Clinton was also a candidate for President and eventually won the Democratic Party’s nomination, going on to lose to Donald Trump in the general election.

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Paul began to assemble his campaign team, setting up campaign offices and hiring his campaign manager at the beginning of 2015, fueling speculation that he was preparing to enter the Presidential race. Paul officially announced his presidential candidacy on April 7, 2015. Within a day of his announcement, Paul raised $1 million.

Senate re-election

In April 2011, Paul filed to run for re-election to his Senate seat in 2016. Had he become the Republican presidential (or vice-presidential) nominee, state law would prohibit him from simultaneously running for re-election. In March 2014, the Republican-controlled Kentucky Senate passed a bill that would allow Paul to run for both offices, but the Democratic-controlled Kentucky House of Representatives declined to take it up.

Paul spent his own campaign money in the 2014 legislative elections, helping Republican candidates for the State House in the hopes of flipping the chamber, thus allowing the legislature to pass the bill (Democratic Governor Steve Beshear’s veto can be overridden with a simple majority). However, the Democrats retained their 54–46 majority in the State House. Paul has since given his support to the idea that the Kentucky Republican Party could decide to hold a caucus rather than a primary, potentially giving Paul more time to decide whether he should run for U.S. Senator or continue a potential bid for president.

Exit from the presidential campaign

Paul announced the suspension of his presidential campaign on February 3, 2016, shortly after the Iowa caucus, where he finished in fifth place.


Rand Paul is married to his longtime girlfriend Kelley Ashby Paul, they had their wedding in 1990. However, his wife Kelley is a freelance writer. They were married on October 20, 1990, and have three children, William (born 1992), Duncan, and Robert. William and Duncan attended the University of Kentucky, while Robert attended a private school in the Washington, D.C. area. They reside in Bowling Green, Kentucky. They are active members of the Presbyterian church.


Rand Paul was assaulted by a neighbour, Rene Boucher (then aged 59), a retired anesthesiologist on November 3, 2017. Paul, who is deaf in one ear, was wearing noise-cancelling headphones while mowing his lawn, reportedly enabling Boucher to tackle Paul without his own approach being noticed.

Boucher was arrested and charged with one count of fourth-degree assault and released on a $7,500 bond. Paul sustained five broken ribs, of which three were displaced fractures. In August 2019, part of Paul’s lung required removal as a result of the injuries he suffered during the attack.

Boucher’s attorney, Matthew Baker, described it as “a very regrettable dispute between two neighbours over a matter that most people would regard as trivial”. According to a memorandum filed by Baker the dispute was over Paul repeatedly leaving tree yard debris near his property line with his neighbour. Rand Paul and his wife deny this, they claim that the “media” has “misrepresented” this “from the beginning” and that the attack was “politically motivated.” They claim that Boucher had threatened Donald Trump earlier and that he was “a vocal hater” of Trump and the GOP.

Boucher was originally charged in Kentucky state court but was later charged in federal court, where he ultimately pleaded guilty to assaulting a member of Congress. The state-court charge was dismissed after Boucher pleaded guilty to the federal charge. Boucher was initially sentenced to 30 days in prison, one year of probation, 100 hours of community service, and a $10,000 fine. The federal prosecutors had sought a 21-month term and appealed the lenient sentence.

In September 2019, the United States Court of Appeals for the Sixth Circuit vacated Boucher’s sentence of 30 days, ruling it was unreasonably short, indicating “closer review” was in order, and the case was sent back to the lower court for resentencing. An appeal to the Supreme Court was denied. At his resentencing, Boucher received a prison term of eight months, plus another six months of home confinement, and was given credit for the 30 days he had previously served.

Prosecutors felt the downward departure from their request for a 21-month sentence was too great, but the judge said Boucher’s eight years in the military, being forced to sell his home to pay a $580,000 judgment assessed by the state court against him in the civil case brought by Paul, and his completed community service mitigated against any additional prison time. Boucher expressed his regrets and contrition for his attack.

2020 COVID-19 diagnosis

Paul announced on March 22, 2020, that he had tested positive for COVID-19 amid the ongoing pandemic of the disease. He was the first member of the United States Senate to test positive. Paul received bipartisan criticism from his Senate colleagues after it was discovered that he attended Senate lunches and used the Senate gym while awaiting his test results; he defended his actions because he had no symptoms of the illness and believed it was “highly unlikely” he was sick. On April 7, 2020, Paul announced his recovery.

Rand Paul net worth

What is Rand Paul net worth? Rand Paul net worth is estimated at around $4 million as of 2021. His main source of income is his political career. Rand Paul successful career has earned him some luxurious lifestyles and some fancy cars. However, in August 2020, immediately following his attendance at the keynote speech delivered by President Donald Trump for the 2020 Republican National Convention held at the White House, Paul was confronted by protestors on his way to a hotel with his wife. A police perimeter was formed that escorted the Pauls away from the crowd, with one of the escorting officers being pushed in the process. The protestors’ main contention point with Paul was the shooting of Breonna Taylor and their demands for Paul to “say her name”.

However, as was pointed out by several media organizations in the aftermath of the incident, Paul had previously authored a bill named after Taylor aiming to make no-knock warrants illegal. The man who had pushed the police officer protecting the Pauls was later charged with assault, with the officer in question receiving stitches for his injuries.