Politics is a very risky career with many downs and few ups. But it is also a very rewarding career as those small number of ups can take you to great heights. As is the example of Condoleezza Rice. With a very lucrative political career of around 8 years, she is a definite example of how a woman od colour can rule in the US political field.
Early Life
Condoleezza Rice was born in 1954 in Birmingham, Alabama, the only child of high school teacher Angelena and minister John. Rice was reared in the Titusville district of Birmingham and later on the Stillman College campus in Tuscaloosa, where her father was employed. After the family relocated to Denver, Colorado, Rice enrolled at St. Mary’s Academy, a Catholic school for only female students, in 1967. She entered the University of Denver after receiving her diploma at the age of 16, where she later earned a BA in political science at the age of 19. She received her degree from the of Notre Dame with an MA in the corresponding subject in 1975.
Career
Rice was appointed George W. Bush’s national security advisor following the 2000 election, making her the very first woman to hold the role. Prior to 9/11, she participated actively in conversations about terrorism and even scheduled a discussion about a new strategy for national security for the day of the assaults. After 9/11, Rice met with George Tenet, director of the CIA, to reaffirm that the administration had authorised the use of torture in questioning alleged members of Al Qaeda. She later turned out to be a prominent supporter of the Iraqi invasion in 2003.
Rice was Bush’s choice to succeed Colin Powell as Secretary of State after his 2004 reelection. In this capacity, Rice worked to reform US policy via her “Transformational Diplomacy” agenda, promoting the growth of democratic regimes in the Middle East. Additionally, Rice was essential in efforts to counter nuclear threats from Iran and North Korea. She recorded the most miles as Secretary of State during this period thanks to her extensive travel.
Net Worth
American politician, civil servant, educator, and diplomat Condoleezza Rice has a $12 million net worth. Under President George W. Bush, Condoleezza served as the nation’s national security adviser from 2001 to 2005 and as secretary of state from 2005 to 2009. She holds a number of achievements, including being the first African-American woman to hold both roles. After her term was over, Rice returned to teaching at Stanford University, where she subsequently rose to the position of director of the Hoover Institution.
In a normal year, Condoleeza receives salaries from a variety of sources. Her salary from Stanford University is $305,000. She also receives compensation for her service on numerous corporate boards. For instance, she made $405,000 in 2019 through her role on the board of Dropbox. A base salary of $105,000 and equity totaling $300,000 made up the whole compensation. She holds at least $4 million dollars ’ worth of Dropbox stock, which she has sold for about $1 million since being appointed to the board, according to the most recent regulatory filings.
She is a member of the CS.ai board as well. She earns an additional $200–$300,000 year with this employment.
Conclusion
Condoleezza Rice is known to be the most prolific politician. As a woman of colour, Condoleezza Rice has definitely been successful in leaving a mark in the US political scenario.
