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Who is Nancy Mace?
Nancy Mace is an American politician who was born on December 4, 1977, in Fort Bragg, North Carolina. She is a member of the Republican Party and currently represents South Carolina’s 1st congressional district in the United States House of Representatives. Mace was first elected to Congress in 2020 and is the first woman to represent the 1st district. Prior to her political career, Mace served in the South Carolina Army National Guard and worked as a small business owner and consultant.
Early Life and Education
Mace was raised in Goose Creek, South Carolina, and attended Stratford High School. She went on to earn a Bachelor of Science in Business Administration from The Citadel, The Military College of South Carolina, in 1999. Mace later received a Master of Mass Communication from the University of Georgia in 2004.
Career
After completing her education, Mace worked as a public relations consultant and founded her own consulting firm, The Mace Group, in 2004. In 2013, she published a memoir titled “In the Company of Men: A Woman at The Citadel,” which detailed her experience as the first woman to graduate from The Citadel’s Corps of Cadets in 1999. Mace entered politics in 2018, when she ran for the South Carolina State Senate in District 34. She defeated incumbent Senator Chip Campsen in the Republican primary but lost to Democratic candidate Brad Hutto in the general election. In 2020, Mace ran for Congress in South Carolina’s 1st district and defeated incumbent Democrat Joe Cunningham in the general election.
Net Worth
As of 2023, Nancy Mace’s net worth is estimated to be around $3 million. This includes her salary as a member of Congress, income from her consulting firm, and investments. Mace’s financial disclosure forms show that she has investments in a variety of industries, including finance, healthcare, and technology.
Salary
Members of Congress earn a base salary of $174,000 per year, which is subject to cost-of-living adjustments. In addition to her base salary, Mace may receive supplemental income from speaking engagements, book deals, and other sources.
Consulting Firm
Mace’s consulting firm, The Mace Group, provides public relations and strategic communications services to clients in a variety of industries. According to her financial disclosure forms, the firm earned between $50,000 and $100,000 in 2022.
Investments
Mace’s financial disclosure forms show that she has investments in a variety of stocks, mutual funds, and retirement accounts. Some of her largest holdings include shares in Apple, Amazon, and Berkshire Hathaway. She also holds positions in several healthcare companies, including UnitedHealth Group and CVS Health.
Philanthropy
In addition to her political and business activities, Mace is actively involved in philanthropy. She has served on the board of several organizations, including the Trident United Way and the Charleston Symphony Orchestra. Mace has also been a supporter of the Special Olympics and has raised money for the organization through her participation in the Law Enforcement Torch Run.
Conclusion
Nancy Mace has had a successful career as a business owner, consultant, and politician. Her net worth of $3 million reflects her diverse sources of income and her savvy investments. Mace’s philanthropic activities demonstrate her commitment to giving back to her community and making a positive impact on the world. As she continues to serve in Congress and pursue her business interests, it will be interesting to see how her net worth evolves in the coming years.
