Kevin McCarthy Biography Kevin Owen McCarthy born January 26, 1965 is an American politician who served as the 55th Speaker of the United States House of Representatives from January to October 2023. A member of the Republican Party, he represented California’s 20th congressional district from 2007 until his resignation in 2023. McCarthy graduated from California State University, Bakersfield. He served two terms in the California State Assembly before being elected to the U.S. House in 2006.
Kevin McCarthy Biography
Kevin McCarthy, the former Speaker of the United States House of Representatives, has an estimated net worth of $300,000 as of 2025. He is a strong supporter of Donald Trump, defending him against allegations of wrongdoing and aligning with Trump’s policies. Despite his prominent political career, McCarthy’s wealth stands at $300,000, a modest amount by the standards of many other U.S. politicians. McCarthy served as the 55th Speaker of the U.S. House of Representatives and was the House Minority Leader after the Republican Party lost its majority in the 2018 midterm elections. He was a consistent advocate for President Trump throughout his tenure.
Kevin McCarthy Biography Details
Born | Kevin Owen McCarthy January 26, 1965 (age 59) |
Political party | Republican |
Spouse | Judy Wages (m. 1992) |
Children | 2 |
Education | California State University, Bakersfield (BS, MBA) |
Category | Biography |
About Kevin McCarthy
Kevin Owen McCarthy is an American politician who served as the 55th speaker of the United States House of Representatives from January to October 2023. A member of the Republican Party, he was the U.S. representative for California’s 20th congressional district from 2007 until his resignation in 2023.
- Born: 26 January 1965 (age 59 years), Bakersfield, California, United States
- Spouse: Judy McCarthy (m. 1992)
- Previous offices: Representative, CA 20th District (2023–2023) ·
- Party: Republican Party
- Children: Connor McCarthy, Meghan McCarthy
- Education: California State University, Bakersfield (1994) ·
- Parents: Roberta McCarthy, Owen McCarthy
Early Life and Education
McCarthy was born on January 26, 1965, in Bakersfield, California, to Owen McCarthy, an assistant city fire chief, and Roberta Darlene McCarthy, a homemaker. He is a fourth-generation resident of Kern County, with his maternal grandfather being an Italian immigrant. McCarthy is the first Republican in his immediate family, as his parents were Democrats. He attended Bakersfield High School, where he played football from 1979 to 1983.
At age 19, McCarthy started his first business selling sandwiches out of his uncle’s yogurt shop, which he financed with $5,000 he won in the California State Lottery and invested in the stock market. McCarthy earned a Bachelor of Science in Marketing in 1989 and an MBA in 1994 from California State University, Bakersfield. While in college, he also worked as a seasonal firefighter for the Kern County Fire Department.
Kevin McCarthy at a Glance
- Category: Richest Politicians › Republicans
- Net Worth: $300 Thousand
- Salary: $223,500
- Birthdate: Jan 26, 1965 (59 years old)
- Birthplace: Bakersfield, California, U.S.
Early Political Career
McCarthy worked for Congressman Bill Thomas from 1987 to 2002. In 1995, he chaired the California Young Republicans and later chaired the Young Republican National Federation from 1999 to 2001. He served as Thomas’s district director from the late 1990s until 2000. McCarthy won his first election in 2000 as a trustee for the Kern Community College District. McCarthy was elected to the California State Assembly, becoming Republican floor leader in 2003. He was first elected to the U.S. House of Representatives in 2006, succeeding Bill Thomas in California’s 22nd district. The district was renumbered to the 23rd district in 2013 and then to the 20th district in 2023.
Kevin McCarthy’s Home and Cars
McCarthy owns a lavish 8,800-square-foot mansion in California, which he purchased for $21 million. The property includes 10 bedrooms, 12 bathrooms, a wine cellar, tennis court, and two indoor pools. His car collection includes a Jaguar XF valued at $120,000, a Lexus ES priced at $136,000, along with a Lincoln Continental, Aston Martin DBX, BMW X6, and Toyota Vellfire.
- Lincoln Continental
- Aston Martin DBX
- BMW X6
- Toyota Vellfire
Personal Life
Kevin McCarthy married Judy Wages in 1992, and they have two children, Meghan and Connor. He is a supporter of the Los Angeles Dodgers and has served on the board of the Community Action Partnership of Kern. In 2015, McCarthy faced accusations of an affair with Republican congresswoman Renee Ellmers, which both denied.
Real Estate
McCarthy and his wife own a 1,571-square-foot home in Bakersfield, California, purchased in 1996. The home is valued at around $300,000, and McCarthy’s 2019 financial disclosure revealed a mortgage between $50,001 and $100,000 on the property.
Kevin McCarthy’s Net Worth and Salary 2025
Kevin McCarthy, an American politician, has a net worth of approximately $300,000. As a senior member of Congress, his annual salary was $175,000, which increased to $223,500 when he served as Speaker of the House of Representatives. In his most recent financial disclosure from 2018, McCarthy reported a net worth of $223,002, with assets valued between $181,000 and $415,000. His liabilities ranged from $100,000 to $200,000, which included a mortgage on his Bakersfield, California home, in the range of $50,000 to $100,000, and a Department of Education loan for a dependent child in the same range. His highest reported net worth was $300,000, as reflected in his 2014 disclosure. He is currently ranked as the 270th wealthiest member of the House of Representatives.
Kevin McCarthy Net Worth Growth
Net Worth in 2025 | $300 thousand |
Net Worth in 2024 | $250 thousand |
Net Worth in 2023 | $210 thousand |
Net Worth in 2022 | $190 thousand |
Net Worth in 2021 | $180 thousand |
Net Worth in 2019 | $170 thousand |