What is Ted and Heidi Cruz's net worth? A look at couple's massive salary as he calls GOP 'blue-collar' workers

What added to the flared temperatures after Ted Cruz's Cancun trip was his tweet: 'The Republican Party is not the party of the country clubs, it’s the party of hardworking, blue-collar men and women'

What is Ted and Heidi Cruz's net worth? A look at couple's massive salary as he calls GOP 'blue-collar' workers
Ted Cruz is facing major backlash after his tweet on GOP and wife Heidi Cruz also got dragged into the mess (Getty Images)
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Texas state senator Ted Cruz is facing major backlash after a tweet he put out on February 26. Netizens were quick to call him out for his tone-deaf tweet, especially after the politician was spotted leaving his winter-storm ravaged home state of Texas for Cancun, Mexico. Texas faced a terrifying snowstorm all through last week and while temperatures are climbing back up again, Texans spent most of the storm without electricity and some families even resorted to using fallen trees as firewood, in order to stay warm and brave the cold.

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What added to the flared temperatures was Ted's tweet saying: 'The Republican Party is not the party of the country clubs, it’s the party of hardworking, blue-collar men and women' and it was shared along with a video of him, addressing an audience at CPAC 2021 in Orlando, Florida. Considering what Texans faced during the power crisis and pictures of Ted's wife holidaying in Cancun even after he returned to Texas within 24 hours of leaving the state have not been forgotten. The Internet pointed out that Ted and his family didn’t fall under the category mentioned by him in his tweet. With him and his wife both drawing six-figure paychecks, here’s a look at their net worth

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What is Ted Cruz's net worth?

Sen. Ted Cruz (R-TX) answers a question from MSNBC's Chris Hays during a panel at The Texas Tribune Festival on September 28, 2019 in Austin, Texas. The festival held over a dozen panels and speaking events with democratic presidential candidates as well as prominent Texas republicans.

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Although he started in the private sector, Cruz quickly made his foray into politics, when he joined the George W Bush presidential campaign in 1999 as the domestic policy adviser, advising then-Governor Bush on a wide range of policy and legal matters, such as criminal justice, immigration, and government reform. During Bush's term, Cruz served as an Associate Deputy Attorney General in the US Justice Department and as the director of policy planning at the US Federal Trade Commission.

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He was also appointed to the office of Solicitor General of Texas between 2003 to 2008. Post this, he went on to work for a private firm - Morgan, Lewis & Bockius LLP, based out of Houston. Here, he often represented corporate clients. He worked here up until 2013, after which he was sworn into office. Seeing his varied career trajectory over the years, it comes as no surprise that he has a net worth of $4 million. According to Quartz, he has also had other sources of income, such as royalties from his book 'A Time for Truth: Reigniting the Promise of America'. He reportedly made somewhere between $100,001 and $1 million in royalties alone. 

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His current salary is...

As a lawyer, he has worked with both the private and the political sector. He also briefly taught at the University of Texas Law School. He currently is the state senator of Texas and has held this title since 2013. As reported by Celebrity Net Worth, his annual salary is $174,000.

His wife is a managing director at Goldman Sachs 

U.S. Sen. Ted Cruz (R-TX) speaks as his wife Heidi Cruz (R) looks on during a Women for Cruz rally on November 3, 2018 in Houston, Texas. Sen. Cruz is campaigning throughout Texas as he battles democratic challenger Beto O'Rourke in a tight race to save his Senate seat.

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While Ted draws a six-figure salary, so does his wife, Heidi Cruz. As a managing director at Goldman Sachs, the investment bank and financial firm. As reported by Quartz, Heidi earns around $300,000, a figure that doesn't factor in bonuses. Apart from this, the couple also has assists between $2 million to $5million in the form of stocks, mutual funds and a retirement plan. 

Ted's 'blue collar' comment did sit well with Twitter and people were quick to call him out. "Ted Cruz is a former Google lawyer married to a Goldman Sachs managing director who has spent his entire Senate career pushing for legislation to crush unions. Even by the standards of lying elected officials this man is unbelievably shameless" tweeted a user.

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"Your parents were college graduate business owners. You went to private high school, Princeton and Harvard. Your wife is a Goldman Sachs managing director. Your girls were cold so you took them to Cancun. None of that says blue collar," added another slamming Ted. "Your wife is an exec. at Goldman-Sachs & you 2 own a multi-million-dollar home in TX & regularly stay at the Ritz-Carlton Resort in Cancun. Donald #Trump lives at Mar-a-Lago, a literal country club with a $200K member fee. One of many he owns. You & #MAGA couldn't be dumber!' chimed in another user. "Says the Ivy league educated, former Supreme Court Clerk, Presidential Campaign Staffer, and Lawyer who married a Goldman Sachs investment firm wife that recently got caught trying to fly to the Ritz Carlton in Cancun and is now defending a Ivy educated Billionaire," agreed another. 

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