Rex Tillerson is a well-known civil engineer from America who is currently a government official and is the U.S. Secretary of State. Tillerson was a former energy executive. From 2006 to 2016, he was chairman and CEO of ExxonMobil. He has held several important positions with Exxon. In 2017, he was appointed as the 69th US Secretary of State in the Donald Trump administration. Let’s find out how much is Rex Tillerson’s net worth And how did he managed to accumulate all the wealth and fame.
Rex Wayne Tillerson was born on March 23, 1952, in Wichita Falls, Texas to his parents Bobby Joe Tillerson and Patty Sue Tillerson. He grew up in many cities.
He completed his schooling in 1970 from the Huntsville High School. He has been active in Boy Scouts. In 1975, he earned his BS degree in Social Engineering from the University of Texas in Austin. He also earned a scholarship from University of Texas Longhorn Band. He was involved in the marching band called Tejas Club.
In 1986, Rex Tillerson was married to Renda St. Clair. The couple has a son born in 1988. He was also married previously and has got twin sons. His wife also has got a son from her previous relationship.
At the age of 14, Tillerson used to work as a bus buy in Oklahoma State University’s student union building. He later became a janitor. He is a member of the National Association of Congregational Christian Churches.
In 1975, Rex Tillerson became the production engineer of the Exxon Company. Later, he became the company’s central production division’s general manager. He then became Exxon Yemen Inc.’s President in 1995. He was also the President of Production Khorat Inc. and Esso Exploration.
Tillerson was named as the president of Exxon Neftegas Limited in 1998. This also made him Exxon Ventures’ (CIS) vice president. A year later, he became the vice president of Exxon and Mobil known as ExxonMobil Development Company. In 2004, Tillerson was named as the company’s director and president.
During his tenure, he is known to maintain ties with Russia. Additionally, he also serves as the trustee of American Petroleum Institute and Center for Strategic and International Studies. He has membership in Business Roundtable.
From 2011 to 2012, he has served as the member of The Business Council’s executive committee. He was the national president of Boy Scouts of America from 2010 to 2012.
In 2016, Tillerson was recommended to be the Secretary of the United States by Condoleezza Rice. He was appointed as the Secretary of State in February 2017.
One of the biggest career achievements of Tillerson is to be the United States Secretary of State. In 2013, Russian President Vladimir Putin awarded Rex Tillerson with the Order of Friendship. In 2017, the World Petroleum Council conferred him with the Dewhurst Award. He was the recipient of the Eagle Scout in 1965. In 2015, Forbes named him as the world’s 25th most powerful person.
Net Worth of Rex Tillerson
Rex Tillerson has an estimated net worth of more than $155 million. He owes this fortune to his career with Exxon in various positions. His annual salary in 2012 was $40.5 million. In 2014, it was $33.1 million. He also had stocks worth $54 million with Exxon till late 2016. There has been a huge increase in the net worth of Rex Tillerson in the last few years. He is also set to receive a retirement package of $180 million. Additionally, he is the owner of two ranches in Texas.
Rex Tillerson is considered one of the most popular civil engineers in the world. Shortly after being named as the United States Secretary of State, he bought a house in Washington, D.C. After his appointment as the Secretary of State, he has visited several countries in the world and is known to support the Trans-Pacific Partnership.