Jay Carney Net Worth

Jay Carney: Net Worth, Career, and Contributions

Jay Carney Net Worth and Salary: Jay Carney, an American former White House Press Secretary, holds a net worth of $10 million. He is best recognized for his tenure as the 29th White House Press Secretary during the Barack Obama administration and as the Vice President of global corporate affairs at Amazon, starting in 2015.

Carney succeeded Robert Gibbs and served as Press Secretary for Vice President Joe Biden prior to his appointment. Notably, he was also the Washington Bureau Chief for Time magazine from 2005 to 2008 and a regular contributor to ABC News' 'This Week' with George Stephanopoulos.

Early Life and Career

Born on May 22, 1965, in Washington, D.C., Jay Carney embarked on his journalism career in 1987 as a reporter for The Miami Herald. In 1989, he joined Time magazine as the Miami Bureau Chief. Carney spent three years covering the collapse of the U.S.S.R. as a correspondent in Time's Moscow Bureau before moving to Washington in 1993 to report on the Bill Clinton White House.

Throughout his career, Carney has provided extensive coverage of presidential administrations, including that of George W. Bush. He was one of the few reporters on Air Force One with President Bush during the September 11, 2001 terrorist attacks. His distinguished reporting earned him the 2003 Gerald R. Ford Prize for Distinguished Reporting on the Presidency.

Role at Time Magazine

Carney served as Time's Washington Bureau Deputy Chief from 2003 to 2005, and later as the Bureau Chief. During this period, he also wrote extensively on politics and national affairs. Besides his role at Time, he contributed to CNN as a special correspondent.

Transition to Public Service

On December 15, 2008, Carney transitioned from the private sector to public service, becoming the Director of Communications for Vice President Joe Biden. He was appointed as the Obama administration's second White House Press Secretary on January 27, 2011, succeeding Robert Gibbs. Carney held the position until May 30, 2014, and was subsequently succeeded by Josh Earnest.