What is Louis DeJoy's net worth? FBI probes postmaster general who donated $1.1M to Trump’s campaign
The Federal Bureau of Investigation is investigating Postmaster General Louis DeJoy over campaign fundraising activity involving alleged campaign finance violations committed by leaders of his former company.
Mark Corallo, DeJoy’s spokesman, denied any wrongdoing by DeJoy. “Mr. DeJoy has learned that the Department of Justice is investigating campaign contributions made by employees who worked for him when he was in the private sector. He has always been scrupulous in his adherence to the campaign contribution laws and has never knowingly violated them,” Corallo said in a statement. “Mr. DeJoy fully cooperated with and answered the questions posed by Congress regarding these matters. The same is true of the Postal Service Inspector General’s inquiry which after a thorough investigation gave Mr. DeJoy a clean bill of health on his disclosure and divestment issues. He expects nothing less in this latest matter and he intends to work with DOJ toward swiftly resolving it,” he said.
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The top GOP donor appointed by former President Donald Trump to lead the US Postal Service last year has faced severe scrutiny within the last year, including mounting pressure among congressional Democrats calling for his removal, letters to the agency’s board of governors asking that its members oust him, and protests and watchdog groups scrutinizing his time before and after his appointment. He has overseen significant cuts and service changes to the agency during the Covid-19 pandemic against a surge in demand as mail became a critical lifeline during the public health crisis, while 2020 elections saw a massive increase in vote-by-mail options that critics have argued were undermined by DeJoy’s plans.
What is Louis DeJoy's net worth?
Louis DeJoy is currently working as the 75th US Postmaster General, he is also an experienced businessman. He has previously served as the CEO for High Point and the XPO’s supply chain business. Before donning the title of the Postmaster-General, he was the president of LDJ Global Strategies. Reports estimate that DeJoy’s net worth is around $110 million and that he and his wife, Aldona DeJoy, have assets between $30 million and $75 million. While his position as US postmaster general and CEO earns him a lucrative salary, most of his worth was made during his years in business.
DeJoy has donated around $1.1m to Trump’s campaign and the GOP. He also was accused by top Democrats of obstructing mail-in ballots, which Trump has falsely claimed were marred by fraud as part of a “stolen election” effort among Democrats. US Reps Hakeem Jeffries and Ted Lieu have asked the FBI to probe whether DeJoy or the USPS Board of Governors “committed any crimes” as part of that effort.