What is Peter Navarro Net Worth?
| Net Worth: | $6 million |
|---|---|
| Source of Wealth: | Author and Economist |
| Date of Birth: | July 15th, 1949 |
| Country of Origin: | United States |
| Last Updated: | 2024 |
Peter Navarro Net Worth: Peter Navarro is an American author and economist with an estimated net worth of $6 million. His net worth is combination of his earnings from his roles in academia, government, and his publications.
His income from these sources, along with any investments and assets, contribute to his overall financial status.
Early Life
Peter Navarro was born on July 15, 1949, in Cambridge, Massachusetts. His early life was marked by his parents’ divorce when he was around 9 or 10 years old, after which he lived with his mother, Evelyn Littlejohn, in Palm Beach, Florida, and later in Bethesda, Maryland.
Navarro’s father, Albert “Al” Navarro, was a musician who led a house band. Growing up, Navarro attended Bethesda-Chevy Chase High School. Navarro’s academic journey began with an academic scholarship to Tufts University, where he graduated in 1972 with a Bachelor of Arts degree.
He then spent three years in the U.S. Peace Corps, serving in Thailand. Continuing his education, Navarro earned a Master of Public Administration from Harvard University’s John F. Kennedy School of Government in 1979, followed by a PhD in Economics from Harvard under the supervision of Richard E. Caves in 1986.
Career
Navarro’s academic career began as a research associate at Harvard’s Energy and Environmental Policy Center from 1981 to 1985. He then taught at the University of California, San Diego, and the University of San Diego until 1988.
In 1989, Navarro moved to the University of California, Irvine, as a professor of economics and public policy, a position he held for over two decades, eventually becoming a professor emeritus. His work mainly focused on energy issues and the relationship between the United States and Asia.
Navarro ran for public office in San Diego, California, multiple times but was unsuccessful in his campaigns. His political affiliations and positions varied throughout his career.
Initially a Democrat, Navarro later identified as a Republican, and then as an Independent, before returning to the Democratic Party, and eventually re-registering as a Republican.
Navarro is notably known for his role as an economic policy adviser to Donald Trump’s 2016 presidential campaign and his subsequent appointment as Director of the White House National Trade Council and then the Office of Trade and Manufacturing Policy.
His economic views, particularly his criticism of trade policies of China and Germany, have been a defining aspect of his career. Navarro advocated for reducing U.S. trade deficits and was a proponent of increasing the American manufacturing sector and setting high tariffs.
Peter Navarro net worth is estimated to be $6 million as of 2024.
Career Highlights
- 2006: Publication of “The Coming China Wars,” examining China as an emerging global power.
- 2011: Co-authored “Death by China,” critiquing global capitalism and China’s trade practices.
- 2012: Directed and produced the documentary film based on “Death by China.”
- 2016-2021: Served in various roles within the Trump administration, focusing on trade and manufacturing policies.
Personal Life
Peter Navarro’s personal life gained attention partly due to his former wife, Leslie Lebon, a licensed architect. The couple divorced in December 2020. Following their divorce, Navarro has not been publicly linked to any romantic relationships.
Navarro’s personal life has also been affected by his legal issues, including a notable conviction for contempt of Congress in 2024, related to the January 6, 2021, Capitol attack investigation.
Navarro’s personal and professional life has been marked by various controversies and significant moments, painting a picture of a figure navigating complex personal and professional landscapes.
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Awards and Achievements
Peter Navarro has had a notable career spanning academia, politics, and economics. His academic achievements include a tenure at the University of California, Irvine, where he was recognized for his contributions to the field, receiving multiple teaching awards for MBA courses.
His early work in economics was marked by research on various topics, including energy policy, charity, and the economics of trash collection.
In his literary endeavors, Navarro authored more than a dozen books on economic subjects, with a particular focus on trade and China’s global economic strategies.
His books “The Coming China Wars” and “Death by China” garnered attention for their critical views on China’s trade practices and global economic impact. He also directed and produced a documentary film, “Death by China”, based on his book.
One of the most significant recognitions Navarro received was the Ludwig von Mises Award for Outstanding Scholarly Contribution to Economics, highlighting his influence and contributions to the field. This award, alongside his various publications and teachings, reflects his impact on economic discourse and policy-making.
Peter Navarro Net Worth
Peter Navarro net worth is estimated to around $6 million. Navarro’s primary income comes from his career as a political figure. He has held significant roles in the U.S. government, including serving as Assistant to the President and Director of Trade and Manufacturing Policy.
His government positions have played a substantial part in his earnings, with a reported yearly income of approximately $500,000. In addition to his government salary, Navarro has also earned substantial amounts from his work as an author. He has written several books, with “Death by China” being one of his notable works.
The royalties from these publications have contributed significantly to his net worth. Moreover, Navarro has made smart decisions in real estate and other ventures, further augmenting his wealth.
His expertise in economics and trade policies has also been a factor in his financial success, as he has been a respected voice in these areas, both in academia and policy-making circles.
Real Estate
Peter Navarro’s real estate assets include a notable property in Laguna Beach, California. He and his wife, architect Leslie LeBon, own a house in this prestigious location, which was originally built in 1928. This property, which spans 3,745 square feet, has a unique history and architectural significance.
It was previously divided into different dwelling areas for tenants and had undergone years of neglect before being purchased by Navarro and his wife. Leslie LeBon played a key role in remodeling the house, transforming it into a family home suitable for their three-member family.
Peter Navarro net worth is estimated to be about $6 million, this is inclusive of his wealth in real estate.
Charity
Information specific to Peter Navarro’s charity and philanthropic activities is not readily available to to the public. However, his academic career included research on why corporations donate to charity, suggesting a professional interest in the philanthropic sector.
This work is among his most cited and indicates an understanding of the intersection between economics and social good.
Notable Peter Navarro’s Quotes
Life Lessons to Learn From Peter Navarro’s Success
1. Embrace Long-Term Vision Over Short-Term Gains
Peter Navarro’s approach emphasizes the importance of long-term planning and strategic thinking. He suggests that sometimes enduring short-term challenges is necessary for achieving greater success in the future. This teaches us the value of patience and foresight in our personal and professional lives.
2. The Power of Prioritizing Local Interests
Navarro advocates for prioritizing the interests of local workers and industries over multinational corporations. This lesson reminds us to focus on the community and immediate surroundings, understanding that strengthening local foundations can lead to broader success and stability.
3. Recognize and Challenge the Status Quo
His stance on challenging major economic and political decisions, like the entry of China into the World Trade Organization, teaches the importance of questioning and not just accepting the status quo. This mindset can be applied to any aspect of life, encouraging critical thinking and the courage to stand up for what one believes is right.
Frequently Asked Questions – Peter Navarro Net Worth
What happened to Peter Navarro?
Peter Navarro has faced legal challenges recently. After the 2020 election, he promoted conspiracy theories regarding election fraud and subsequently refused to comply with congressional summonses. This led to his conviction for contempt of Congress.
What nationality is the name Navarro?
The name Navarro is of Spanish origin. It is a regional name for someone from Navarre, a region in Northern Spain.
Who is Peter Navarros wife?
Peter Navarro was previously married to Leslie Lebon, who is a licensed architect and a member of the American Institute of Architects. Their marriage ended in divorce in December 2020.
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Final Thoughts
In conclusion, Peter Navarro’s net worth is a reflection of his diverse career in economics and politics. His involvement in high-profile government positions and as an author suggests a noteworthy financial standing.
Navarro’s economic insights and contributions to both academia and government highlight a career that spans multiple facets of economic and political spheres.
As of 2024, Peter Navarro net worth is estimated to be $6 million