Rex Tillerson is a civil engineer who later chose to venture into politics. The latter is what made the man famous. He has served not only an energy executive but also a government official. For instance, Tillerson was a United States Secretary of State. As the 69th one, his tenure lasted between 1st February and 31st March of 2017 and 2018 respectively. What is the life story of this man? If the matter plagues you, we are here to put it to rest. In addition to that, we will unveil the net worth of Rex Tillerson in 2018.
Early Life & Biography
Rex Tillerson was born in 1952 on 23rd March. He was born to Patty Sue together with Bobby Joe Tillerson. They gave him the name Rex Wayne Tillerson after two renowned Hollywood stars namely John Wayne and Rex Allen. His place of birth was Wichita Falls in Texas. However, he grew up in other areas. They include Vernon and Huntsville of Texas and Stillwater in Oklahoma.
He was born along with his two sisters. They are Rae Ann Hamilton as well as Jo Lynn Peters. Their careers are a physician and high school teacher, respectively.
Tillerson attended Huntsville High School. He graduated in 1970. Rex received a scholarship from the University of Texas Longhorn Band. In 1975, he graduated from the University of Texas at Austin. He earned a Bachelor of Science degree in civil engineering.
Rex Tillerson is a man who has tied the knot two times. His first wife was Jamie Lee Henry. The couple welcomed two boys who are twins during their marriage. By 1986, the marriage had already over. That explains why Tillerson he remarried Renda St. Clair that year. Two years later, the couple welcomed a son. As of now, he lives in Bartonville.
Career, Awards & Nominations
By the age of 14, Rex was already working. At that time, he was working at Oklahoma State University as a busboy. Then, he became a janitor at the same place.
His professional career began in 1975. That is when he secured a job as the production engineer at Exxon Company USA. He then got various promotions later. He became a general manager as well as president of Exxon divisions in 1989 and 1995, respectively.
There was a merging of Exxon and Mobil in 1999. That led to the formation of ExxonMobil Development Company. By 2004, he was its president as well as director. Later, Lee Raymond retired, and Tillerson replaced him as the CEO. Due to his excellent performance, Rex was elected as not only the chairman but also the chief executive officer of Exxon Mobil. The d-day was the 1st January 2006. His tenure ended in 2017 after an appointment to serve in Trump’s administration.
It was not long after assuming office when Trump nominated Rex Tillerson. It was for the post of the Secretary of State. The Senate Foreign Relations Committee approved him in 2017 on 23rd January. That same year on 1st February, the Senate confirmed him. He was sworn in by the vice president, Mike Pence.
He served until March 9th. However, Trump made it public on the 13th of March via a tweet. That was a day after the return of Tillerson from a visit to Africa.
In 2017, he received the World Petroleum Council’s Dewhurst Award.
Net Worth & Earnings
The net worth of Rex Tillerson is approximately $320 million. His sources of income include his career as an engineer, his tenure in Exxon and ExxonMobil and the short reign as the Secretary of State. As of 2012, his compensation package was $40.5 million. For the next three years, it stood at $28.1 million, $33.1 million and $27.2 million. As of 2016, it was $54 million. Had he stay three more months at ExxonMobil, he would have retired and received $180 million. Whether he got that during his service to a state is not known. The man has two ranches as well.
There is much to learn from this civil engineer, executive, and politician. You don’t have to be born with a silver spoon on your mouth to make it in life. He rose from a bus boy to a janitor and now a great American man. What an inspiration?