What is Bob Beauprez's Net Worth?
Bob Beauprez is a notable American politician and businessman with an impressive net worth of $100 million.
He served as a Republican member of the United States House of Representatives, representing Colorado's 7th Congressional District. Beauprez first amassed wealth through land development before he and his wife acquired a controlling interest in a local bank, which they renamed Heritage Bank. From 1990 to 2006, Heritage Bank's assets surged from $4 million to an astounding $450 million. Beauprez's influence as a politician began when he became chairman of the Boulder County Republican Party in 1997. With backing from Senator Wayne Allard, he rose to the position of chairman of the Colorado Republican Party by 1999. Despite his efforts, the Republican Party lost control of the Colorado State Senate for the first time in four decades.
In 2006, Beauprez was the Republican nominee for governor of Colorado, although he was ultimately defeated by Bill Ritter. Beauprez was one of the wealthiest members of the House of Representatives, estimating his net worth between $9.5 million and $55 million in 2006. He ran again for governor in 2014 but lost to John Hickenlooper.
Early Life
Born Robert Louis Beauprez on September 22, 1948, in Lafayette, Colorado, Bob grew up on his parents' dairy farm alongside his three siblings. His parents, Joseph and Marie, were dairy farmers, raising dairy cows and beef cattle. Beauprez showed an early interest in sports, excelling as an all-conference offensive tackle at Fairview High School in Boulder. After high school, Beauprez pursued physical education at the University of Colorado, earning a Bachelor of Science degree in 1970.
Career
Bob Beauprez's political career began in 1997 as the chairman of the Boulder County Republican Party. By 1999, he had ascended to the role of chairman of the Colorado Republican Party, where he focused on increasing Republican seats through redistricting efforts. In 2002, Beauprez ran for a seat in the U.S. House of Representatives and narrowly won against Democrat Mike Feeley by just 121 votes. During his first year in Congress, he was involved in the Veterans Affairs Committee, House Transportation and Infrastructure Committee, and Small Business Committee. After being re-elected in 2004, he served on the influential House Ways and Means Committee.
In 2006, Beauprez's gubernatorial campaign released attack ads against his opponent Bill Ritter, accusing Ritter's actions involving an illegal immigrant and alleged heroin dealer, Carlos Estrada Medina. Details from public court records were questioned, leading to further investigation involving the Colorado Bureau of Investigation and the FBI. Despite Beauprez's denials, controversy surrounded the use of sensitive information. Charges against an ICE agent who provided the information were eventually dismissed.
(Photo by Doug Pensinger/Getty Images)
In the 2006 election, Ritter emerged victorious with 57.0% of the vote. In 2014, Beauprez ran again, this time choosing Jill Repella as his running mate, but lost to Hickenlooper with 46.0% to 49.3%. In 2015, Beauprez founded Colorado Pioneer Action, a non-profit advocating for American founding principles. However, in 2016, the organization faced allegations of violating state campaign finance laws. A 2017 trial concluded with fines and mandated financial disclosures for Colorado Pioneer Action.
Personal Life
Bob Beauprez married Claudia Paul in 1970, and together they have four children. Beauprez stirred controversy in 2006 when veterans demanded an apology for posing in a military uniform despite never having served. Additionally, comments about high abortion rates in ethnic communities and views on IUDs and abortion laws sparked public outrage.
