Revealed: George Shultz in Net Worth 2026: Career Earnings & Assets

Many fans are curious about George Shultz's financial success in April 2026. In this article, we dive deep into the assets and career highlights.

What was George Shultz's net worth?

George P. Shultz was born on December 13, 1920 in New York City. Before entering politics he attended Princeton University where he earned a degree in economics. He served in the Marines from 1942 to 1945. He then earned a Ph.D at M.I.T..

Tyler would ultimately be one of the primary whistle blowers who helped expose Theranos. George initially did not believe his grandson's claims and at one point reportedly tried to strong arm Tyler into recanting his statements because he blindly believed in Theranos founderElizabeth Holmes. Outside of his blind belief, George also had a financial motivation for supporting Theranos. As a member of the board, Elizabeth showered George with stock options. Elizabeth granted George 2.75 million shares of Theranos. At one point those shares were worth around $47 million. George then bought another 200,000 shares with his own funds, bringing his total stake up to $50 million at the company's peak in the summer of 2015.

George Shultz was known earlier in life thanks to his work in the Nixon administration. Later in life he gained a level of infamy as a board member of the failed blood testing company Theranos. George died on February 7, 2021 at the age of 100. His widow Charlotte died in December of 2021.

After leaving public office in 1989, Shultz called for the legalization of recreational drugs and then became a behind-the-scenes advocate for various Republic politicians. He served on a number of corporate boards. He was a Board Member of the Bechtel Corporation, theCharles SchwabCorporation and Gilead Sciences.

During his life he served in different positions under three American Presidents, all Republicans. Under Nixon he served as the Secretary of the Treasury, Director of the Office of Management and Budget and Secretary of Labor. He was Secretary of State during the Reagan administration.

George Shultz was an American economist, statesman and investor who had a net worth of $40 million at the time of his death. Thought it should be noted that the majority of his wealth was actually attributable to his widow, Charlotte Mailliard Shultz, a wealthy socialite whose previous husband came from a billion-dollar real estate family.

Perhaps most infamously, George Shultz was a member of the Board of disgraced blood company Theranos. He even arranged for his grandson Tyler to get a job at Theranos.

Ultimately, George Shultz's financial journey is a testament to their success.

Disclaimer: All net worth figures are estimates based on public data.