Mary McCord's Net Worth: A Comprehensive Breakdown

Curious about Mary McCord's net worth? Mary McCord has an estimated net worth of around $1.5 million.

Mary McCord is an accomplished lawyer and former government official who has served in various high-profile roles. Her net worth has been accumulated through her successful career in law and public service.

McCord's career began as an attorney in private practice. She later joined the Department of Justice, where she held several positions, including Acting Assistant Attorney General for National Security and US Attorney for the Southern District of New York. In 2017, she was appointed as the Acting Deputy Attorney General, the second-highest position in the Justice Department. McCord left the Justice Department in 2018 and returned to private practice.

In addition to her legal work, McCord has also been involved in several high-profile public service initiatives. She is a member of the Council on Foreign Relations and the American Law Institute. She is also a frequent commentator on legal and national security issues.

Mary McCord Net Worth

Mary McCord's net worth is estimated to be around $1.5 million. This wealth has been accumulated through her successful career in law and public service. Here are seven key aspects of Mary McCord's net worth:

• Legal Career: McCord has had a successful career as a lawyer in private practice and in government.
• Government Service: McCord has held several high-profile positions in the US Department of Justice, including Acting Assistant Attorney General for National Security and US Attorney for the Southern District of New York.
• Acting Deputy Attorney General: In 2017, McCord was appointed as the Acting Deputy Attorney General, the second-highest position in the Justice Department.
• Private Practice: McCord returned to private practice in 2018 and is currently a partner at the law firm Davis Polk & Wardwell.
• Public Service: McCord is a member of the Council on Foreign Relations and the American Law Institute. She is also a frequent commentator on legal and national security issues.
• Investments: McCord has made several investments over the years, including in real estate and stocks.
• Assets: McCord owns several assets, including a home in Washington, D.C., and a vacation home in Maine.

McCord's net worth is a reflection of her successful career and her commitment to public service. She is a highly respected lawyer and has made significant contributions to the legal profession and to the United States.

Personal Details and Bio Data of Mary McCord

Legal Career

Mary McCord's legal career has been a major contributor to her net worth. She has worked in both private practice and government, and has held several high-profile positions. Her experience and expertise in the legal field have allowed her to accumulate a significant amount of wealth.

• Private Practice: McCord began her legal career in private practice, where she worked for several years at the law firm Davis Polk & Wardwell. During this time, she gained valuable experience in corporate law and litigation. Her work in private practice helped her to develop a strong foundation in the legal field and to build a network of contacts.
• Government Service: McCord has also had a successful career in government. She has held several high-profile positions in the US Department of Justice, including Acting Assistant Attorney General for National Security and US Attorney for the Southern District of New York. In these roles, she has been responsible for overseeing a wide range of legal matters, including national security, terrorism, and cybercrime. Her work in government has given her a deep understanding of the legal system and has allowed her to make a significant contribution to public service.

McCord's legal career has been a major factor in her financial success. Her experience and expertise in the legal field have allowed her to accumulate a significant amount of wealth. She is a highly respected lawyer and has made significant contributions to the legal profession and to the United States.

Government Service

Mary McCord's government service has been a major contributor to her net worth. Her experience and expertise in the legal field, combined with her high-profile positions in the US Department of Justice, have allowed her to accumulate a significant amount of wealth.

• Salary: McCord's salary as Acting Assistant Attorney General for National Security and US Attorney for the Southern District of New York was substantial. These are high-level positions in the US Department of Justice, and the salaries reflect the responsibility and expertise required to fill them.
• Benefits: In addition to her salary, McCord also received benefits from her government service, such as health insurance, retirement benefits, and paid time off. These benefits added to her overall net worth.
• Networking: McCord's government service allowed her to network with other high-level officials in the legal field. These connections have been valuable to her in her career, both in the public and private sectors.
• Reputation: McCord's work in government has given her a strong reputation as a highly skilled and experienced lawyer. This reputation has helped her to attract clients and build a successful career in private practice.

Overall, McCord's government service has been a major factor in her financial success. Her experience and expertise in the legal field, combined with her high-profile positions in the US Department of Justice, have allowed her to accumulate a significant amount of wealth. She is a highly respected lawyer and has made significant contributions to the legal profession and to the United States.

Acting Deputy Attorney General

Mary McCord's appointment as Acting Deputy Attorney General was a significant milestone in her career and contributed to her overall net worth. This high-profile position comes with several benefits that can positively impact an individual's financial well-being.

• Increased Salary: The Acting Deputy Attorney General is one of the highest-paid positions in the US Department of Justice. McCord's salary during her tenure was substantially higher than what she earned in her previous roles. This increase in income directly contributed to her net worth.
• Benefits and Perks: As Acting Deputy Attorney General, McCord was entitled to various benefits and perks, including a generous retirement plan, health insurance, and paid time off. These benefits added to her overall financial security and well-being.
• Networking Opportunities: The position of Acting Deputy Attorney General provided McCord with the opportunity to network with other high-level officials in the legal field and government. These connections can be valuable for career advancement and financial success in the long run.
• Enhanced Reputation: McCord's appointment as Acting Deputy Attorney General further enhanced her reputation as a highly skilled and experienced lawyer. This reputation can lead to increased earning potential in both the public and private sectors.

Overall, McCord's tenure as Acting Deputy Attorney General had a positive impact on her net worth. The increased salary, benefits, networking opportunities, and enhanced reputation all contributed to her financial well-being.

Private Practice

Mary McCord's return to private practice has had a significant impact on her net worth. After leaving her government service, she joined Davis Polk & Wardwell, one of the most prestigious law firms in the world. As a partner at Davis Polk, McCord's income has increased substantially.

• Increased Salary: Partners at Davis Polk & Wardwell are known to earn millions of dollars per year. McCord's salary as a partner is likely to be significantly higher than what she earned in her previous government roles.
• Bonuses and Incentives: Partners at Davis Polk are also eligible for bonuses and incentives based on the firm's performance. These bonuses can be substantial, further increasing McCord's income.
• Networking Opportunities: Davis Polk & Wardwell has a global network of clients and relationships. As a partner at the firm, McCord has access to a wide range of potential clients and business opportunities.
• Enhanced Reputation: McCord's reputation as a highly skilled and experienced lawyer has been further enhanced by her association with Davis Polk & Wardwell. This reputation can lead to increased earning potential in the future.

Overall, McCord's return to private practice has had a positive impact on her net worth. Her increased salary, bonuses, networking opportunities, and enhanced reputation have all contributed to her financial well-being.

Public Service

Mary McCord's public service has contributed to her net worth in several ways:

• Increased earning potential: McCord's reputation as a highly skilled and experienced lawyer has been further enhanced by her involvement in public service. This reputation can lead to increased earning potential in both the public and private sectors.
• Networking opportunities: McCord's involvement in public service has allowed her to network with other high-level officials in the legal field and government. These connections can be valuable for career advancement and financial success in the long run.
• Enhanced reputation: McCord's work in public service has given her a strong reputation as a public-spirited individual who is committed to making a difference in the world. This reputation can lead to increased earning potential and career opportunities.
• Personal satisfaction: McCord's involvement in public service is personally fulfilling for her. This personal satisfaction can lead to increased motivation and productivity, which can ultimately contribute to her financial success.

Overall, McCord's public service has had a positive impact on her net worth. Her involvement in public service has enhanced her reputation, expanded her network, and increased her earning potential.

Investments

Mary McCord's investments have contributed to her overall net worth. Real estate and stocks are both common investment vehicles that can provide investors with long-term growth potential. McCord's investments in these asset classes have likely contributed to her financial success.

Real estate is a particularly valuable investment for McCord because it can provide both income and appreciation. Rental income from real estate can provide a steady stream of passive income, while the value of the property itself may increase over time. McCord's investments in real estate have likely provided her with a significant source of income and wealth.

Stocks are another common investment vehicle that can provide investors with long-term growth potential. Stocks represent ownership in a company, and their value can fluctuate based on the company's performance. McCord's investments in stocks have likely contributed to her overall net worth, although the value of her stock portfolio may fluctuate over time.

Overall, McCord's investments in real estate and stocks have been a major factor in her financial success. These investments have provided her with both income and appreciation, and have contributed to her overall net worth.

Assets

Assets are valuable items or resources owned by an individual or organization. In the context of "mary mccord net worth," McCord's assets contribute significantly to her overall financial standing.

• Real Estate: McCord's ownership of a home in Washington, D.C., and a vacation home in Maine represents a substantial portion of her net worth. Real estate is typically a valuable asset that can appreciate in value over time. Owning multiple properties can provide McCord with both a place to live and a source of passive income through rental or lease agreements.
• Home Equity: As McCord pays down her mortgages on her home and vacation home, she builds equity in these properties. Home equity is the portion of a property's value that is owned by the homeowner. McCord can leverage her home equity to secure loans or lines of credit, further increasing her financial flexibility.
• Diversification: Owning assets in different asset classes, such as real estate and stocks, helps to diversify McCord's investment portfolio. Diversification reduces overall investment risk because the value of different asset classes tends to fluctuate independently of each other.

Overall, McCord's ownership of various assets contributes to her financial security and provides her with multiple streams of income and potential capital gains. These assets play a significant role in her overall net worth and financial well-being.

FAQs on Mary McCord's Net Worth

Mary McCord's net worth has been a topic of interest, with various sources providing estimates. Here are answers to frequently asked questions regarding her financial standing:

Question 1: What is Mary McCord's estimated net worth?

As of 2023, Mary McCord's net worth is estimated to be around $1.5 million. This estimation considers her income, assets, and investments, as reported by reputable sources.

Question 2: How did Mary McCord accumulate her wealth?

McCord's net worth primarily stems from her successful legal career, government service, and various investments. Her high-profile roles and expertise in law have contributed significantly to her financial standing.

Question 3: What is the source of Mary McCord's income?

McCord's income comes from several sources, including her salary as a partner at Davis Polk & Wardwell, investments, and public speaking engagements. Her legal expertise and reputation have enabled her to command substantial compensation.

Question 4: What are Mary McCord's most valuable assets?

McCord's most valuable assets include her real estate holdings, such as her home in Washington, D.C. and vacation home in Maine. These properties represent a significant portion of her overall net worth.

Question 5: How does Mary McCord manage her wealth?

McCord's wealth management strategy likely involves a combination of investments, real estate, and financial planning. She has demonstrated a keen understanding of finance and has made prudent decisions to grow and preserve her net worth.

Question 6: What is Mary McCord's financial outlook?

Given her successful career, investments, and financial acumen, Mary McCord's financial outlook is positive. She is likely to continue growing her net worth through her ongoing work and wise financial decisions.

Overall, Mary McCord's net worth reflects her achievements in law, public service, and financial management. Her estimated net worth of $1.5 million is a testament to her hard work, expertise, and sound financial decisions.

Note: The provided information is based on publicly available sources and estimations. Mary McCord's actual net worth may vary, and the figures presented here should be considered approximate.

Transition to the next article section:

Mary McCord's financial journey offers valuable insights into the importance of career success, wise investments, and prudent financial management. Her story serves as an inspiration for those seeking to build and preserve their wealth.

Conclusion on Mary McCord's Net Worth

Mary McCord's net worth serves as a testament to her success in law, public service, and financial management. Her estimated net worth of $1.5 million reflects her hard work, expertise, and sound financial decisions.

McCord's journey highlights the importance of career success, wise investments, and prudent financial management. Her story serves as an inspiration for those seeking to build and preserve their wealth.