What was Madeleine Albright's Net Worth?
Madeleine Albright was an American politician with a net worth of $10 million. She served as the U.S. Secretary of State under President Bill Clinton from 1997 until 2001, making history as the first female secretary of state. Outside politics, she founded the international consulting firm Albright Group and authored several notable books. Madeleine Albright passed away on March 23, 2022, at the age of 84.
Early Life
Born Marie Jane Korbelova on May 15, 1937, in Prague, Czechoslovakia, Albright was the daughter of Czech diplomat Josef Korbel and Anna Korbel. Her family, including her younger sister Katherine and brother John, converted from Judaism to Catholicism in 1941. They moved to Britain due to her father's job and endured the Blitz in London during WWII. In 1948, they emigrated to the U.S., where her father secured a professorship at the University of Denver. Albright graduated from Kent Denver School and later Wellesley College, where she became a U.S. citizen in 1957 and earned her bachelor's degree in political science in 1959.
During a summer break from college, Albright met Joseph Medill Patterson Albright while interning at "The Denver Post." They married soon after her graduation and moved to Chicago, where she worked at "Encyclopaedia Britannica," and later to New York City for her husband's job at "Newsday." The couple relocated to Washington D.C., where Albright studied international relations and Russian at Johns Hopkins University. She continued her studies at Columbia University, obtaining a certificate in Russian and an M.A. and Ph.D. by 1975.
Career
Albright began fundraising for U.S. Senator Ed Muskie's 1972 presidential campaign and became his chief legislative assistant in 1976. She joined the Carter Administration as National Security Council's congressional liaison. After Carter's 1980 election loss, she worked at the Woodrow Wilson International Center for Scholars. In 1982, she joined Georgetown University, teaching Eastern European studies and directing the women's global politics program. In 1992, she helped President Bill Clinton's transition team and was appointed U.S. Ambassador to the United Nations in 1993.
During her ambassadorship, Albright faced challenges, including a strained relationship with U.N. Secretary-General Boutros Boutros-Ghali and the Rwandan Genocide. She later played a role in appointing Kofi Annan as his successor. In 1997, she became the first female U.S. Secretary of State, significantly influencing American foreign policy in Bosnia, Herzegovina, the Middle East, and Iraq. After her tenure, she founded the Albright Group and joined the Board of Directors of the New York Stock Exchange in 2005.
Personal Life
Albright married Joseph Albright in 1959, and they had three daughters before divorcing in 1982. Born a Catholic convert, she discovered her Jewish heritage only after a "Washington Post" report revealed her parents' past. Three of her grandparents perished in the Holocaust. Albright's publications include her memoir "Madam Secretary" and other works like "The Mighty and the Almighty" and "Fascism: A Warning." She held honorary degrees from several universities and was inducted into the National Women's Hall of Fame in 1998.
Madeleine Albright passed away on March 23, 2022, at 84.
Georgetown House
In 1968, Madeleine and Joe Albright purchased a home in Washington D.C.'s Georgetown neighborhood for $100,000. In October 2023, it was listed for sale at $4 million.
The Albrights also owned a 46-acre farm in Purcellville, Virginia.
