Peter Navarro Net Worth: How Rich Is This Person in 2022!
It’s no secret that Peter Kent “Pete” Navarro (born July 15, 1949) is an American economist and author. During the Trump administration, he served as an assistant to the president, director of trade and manufacturing policy, and policy coordinator for the National Defense Production Act. The White House National Trade Council, a newly formed White House office, had previously been his responsibility as Deputy Assistant to the President and Director until it was merged into the new Office of Trade and Manufacturing Policy, a new position created by executive order in April 2017.
In addition to being an emeritus professor of economics and public policy at the Paul Merage School of Business at the University of California, Irvine, he is also the author of Death by China. He has run for office in San Diego, California, five times without success.
Because his views on trade are so far beyond the norm, other economists consider Navarro to be an exception. An ardent supporter of reducing the US trade imbalance, Navarro is well-known for his criticism of Germany and China for allegedly manipulating their currencies.
How Much Money Will Peter Navarro Make in 2022?
A researcher and lecturer for more than half a century, it appears that Peter Navarro has amassed a fortune in the $5-6 million range. An author and counselor to the president, he had a book out and was working with him.
Although his net worth is unknown, his multiple endeavors generate enough money and cash for him to live comfortably. He owns a real estate investment and received a $1,000 royalty for his book.
The estimated monetary resources available to Peter Navarro
Peter has written a book called Death by China. President Trump’s trade policies are unique since they are targeted at improving the American economy by putting heavy taxes on imported goods and services. On trade, he is in favor of the North American Free Trade Agreement (NAFTA) and the Trans-Pacific Partnership (TPP).
Failed five times to get elected in San Diego, California, Peter Navarro. A former professor of economics and policy analysis at the Paul Merage School of Business at the University of California, he now resides in the United Kingdom.
Early Education and Development
Navarro was born on July 15th, 1949, in Cambridge, MA. While in New Hampshire in the summer and Florida in the winter, saxophonist and clarinetist Albert “Al” Navarro led a house band that played both places regularly His mother, Evelyn Littlejohn, a secretary at Saks Fifth Avenue, moved him to Palm Beach, Florida, when he was 9 or 10. Bethesda, Maryland, was home to him and his mother and brother as children. For his high school education, Navarro opted for Bethesda-Chevy Chase High School in the city of Bethesda.
As a Tufts University student, Navarro was awarded an academic scholarship and graduated with a Bachelor of Arts degree in 1972. After that, he was stationed in Thailand for three years as part of the US Peace Corps. A Master of Public Administration in 1979 and a Ph.D. in Economics in 1986 from Harvard University’s John F. Kennedy School of Government under the supervision of Richard E Caves earned him the title “Professor Caves.”
In terms of his income and assets, how much did Trump make?
With an annual salary of $183,000 in the Trump administration, Peter Navarro, who is 74, was one of the highest-paid trade and manufacturing policy advisers to the president.
Death by China may have sold a few copies, and his income as an economics professor at an esteemed university has undoubtedly added to his fortune. In addition to the contempt allegation, Navarro is also being sued for defamation. A jury has also indicted the professor for failing to provide documents to the committee and for refusing to cooperate with the justice department.
As a professor of economics and author, Navarro appears to have a varied financial portfolio. It is because of these factors that he has been able to maintain his financial stability throughout his entire life.
Taxes on Border Modifications
Navarro proposes a tax policy known as “border adjustment,” in which all imports are taxed at the domestic rate, but exports are taxed at a lower rate, therefore shifting taxes from taxes on production to taxes on consumption. According to Navarro, the claims that the border adjustment tax would harm American firms and put jobs in peril are “false news.”
In 2001, Navarro tied the knot with California architect Leslie Lebon. They resided in Laguna Beach with Lebon’s ex-child wife while Navarro was a professor at the University of California at Irvine. He filed for divorce in late 2018 in Orange County. It was completed in December 2020.
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