How Kellyanne Conway makes and spends her $39 million fortune

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President Donald Trump and Kellyanne Conway in November, 2016.
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Thomson Reuters

Kellyanne Conway’s climb – from the strategist behind Donald Trump’s rise to his campaign manager to his White House counselor – has been closely watched by the media.

When Conway joined the Trump administration, she and her husband, George Conway, a lawyer in New York City, disclosed assets worth up to $39.3 million. Much of that wealth comes from Kellyanne’s political-polling business, which she started at 28 in 1995.

Here’s how she has amassed her fortune – and spent it – since graduating law school.


After graduating from law school at George Washington University, Conway worked as an assistant at a firm headed by Richard Wirthlin, who was President Ronald Reagan’s pollster and strategist. She later worked with Newt Gingrich in the 1990s.

Source: The New Yorker


In 1995, at 28, Conway founded The Polling Company. New York magazine reported that Conway quickly recognized “there was money to be made” in advising private corporations and politicians on how women vote.

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Conway and Jefrey Pollock, president of the Global Strategy Group.
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U.S. State Department

Source: New York magazine


During the ’90s, Conway began making regular TV appearances along with other political commentators like Ann Coulter.

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Conway appeared on “Charlie Rose” in 1996 to discuss the so-called soccer mom vote.
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Charlie Rose

She was also a regular on Bill Maher’s show “Politically Incorrect.”

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Conway on an episode of “Politically Incorrect.”
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NoCowEyes/YouTube

In 2001, she married George T. Conway III. They have four children.


Her husband is a lawyer who graduated from Yale Law School in 1987 and played a part in the impeachment of President Bill Clinton as a member of the team representing Paula Jones.

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Yale
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Yale Law School/Facebook

Source: New Yorker, CNN


Conway has worked with several high-profile clients, including the National Football League and Philip Morris.

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George Conway.
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Chip Somodevilla/Getty Images

He currently works for what’s considered one of the country’s “most grueling law firms,” Wachtell, Lipton, Rosen & Katz.

Source: Business Insider


In 2001, the newly married couple bought a condo in Trump World Tower, where they lived for seven years. It was during that time that Kellyanne met Trump. “I sat on the condo board, and he’s very involved in his condos,” she told The New Yorker.

Source: The New Yorker


In 2005, she wrote the book “What Women Really Want” with Celinda Lake, a Democratic pollster.

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C-SPAN Book TV

By 2008, the Conways had moved to what Forbes has called one of “America’s most expensive ZIP codes” — Alpine, New Jersey. The family joined the Alpine Country Club in Demarest. Annual memberships can cost up to $75,000, plus $25,000 a year in dues.

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Inside the Alpine Country Club.
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Roy del Valle/Facebook

Source: Page Six, Forbes


Conway worked with Gingrich again during his 2012 presidential run. A few years later, The Polling Company began working with various Republican candidates, including Ben Carson and Ted Cruz starting in 2015.

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C-SPAN

Source: Politico


While the super PAC behind Carson’s 2016 campaign paid The Polling Company $65,000, the company later worked with Cruz’s three PACs. When Cruz dropped out, one of his super PACs changed its name and backed Trump, continuing to work with the company. By October, Conway’s firm had made $1.9 million from the 2016 election.

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Ron Sachs/Pool Getty Images

Source: Politico


In July, Conway joined Trump’s campaign team as an adviser, and she became campaign manager in August. At this time, her firm was still receiving payments from Trump’s PAC, according to Politico.

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CNN

Source: Politico


Today, much of Conway’s income — somewhere between $1 million and $5 million —comes from The Polling Company, and the couple has earned thousands in dividends from stocks. One Citibank account has been valued at between $500,000 and $1 million, according to reports

Source: Office of Government Ethics


At the start of Trump’s term, the Conways reported assets worth between $10 million and $39.3 million, and the couple reportedly purchased an $8 million home in the DC area.

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Coldwell Banker

Source: ABC News, Business Insider