Steve Ricchetti Net Worth 2023, Age, Wife, Children, Height, Family, Parents, Salary

Read about Steve Ricchetti net worth, age, wife, children, height, family, parents, salary and party as well as other information you need to know.

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Introduction

Steve Ricchetti is an American political aide. She is currently serving as a Counselor to the President under President Joe Biden. He was the chairman of Joe Biden’s 2020 presidential campaign. He previously served as Chief of Staff to Vice President Biden during the Obama administration and as Deputy Chief of Staff for Operations under President Bill Clinton. In between stints in Democratic administrations, he has worked as a lobbyist.

Early life

Name	Steve Ricchetti
Net Worth	$5 million
Occupation	Businessman, Political aide
Age	66 years
Height	1.78m

Steve Ricchetti net worth

Steven J. Ricchetti was born in 1957 (age 66 years) in Westlake, Ohio, United States. He is the son of American parents and graduated from Westlake High School. He received his undergraduate degree from Miami University in Ohio (where he served as student body president) in 1979, and his Juris Doctor from the George Mason University School of Law.

Career

Steve Ricchetti led the Blue Cross and Blue Shield Association’s political department from 1987 to 1989 and was executive director of the Democratic Senatorial Campaign Committee from 1990 to 1992. In the latter role, Ricchetti oversaw the upset victory of Democratic candidate Harris Wofford in the 1991 special election for Senate in Pennsylvania.

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Ricchetti was a White House staffer in the Clinton administration from January 1993 to February 1996, holding the title of Deputy Assistant to the President for Legislative Affairs. In this role, Ricchetti was President Clinton’s principal liaison to the Senate. Ricchetti conducted work for the administration on the economic recovery act of 1993, the Telecommunications Act of 1996, and other legislation.

He was in the private sector from 1996 to 1998, engaged in lobbying for clients at the government relations firm Public Strategies Washington (PSW). In September 1998, he returned to the White House, where he was tasked with handling relations with congressional Democrats amidst the impeachment proceedings against Clinton. In January 1999, Ricchetti became deputy White House chief of staff (succeeding John Podesta) and gained a larger portfolio.

In 2000, Ricchetti was appointed to President Clinton’s task force on China PNTR (permanent normalized trade relations) during the president’s last year. Along with Commerce Secretary William M. Daley, Ricchetti “led the Administration’s successful campaign to secure permanent normal trade relations with China” and coordinated with leaders of major U.S. corporations, such as Boeing, American Online and Intel to “sell the benefits of the trade accord to Congress and the public.”

In January 2001, Steve Ricchetti founded and ran Ricchetti, Inc., a government relations (lobbying) and political consulting firm, with his brother Jeff Ricchetti. Over the following years, Ricchetti’s firm represented a number of clients, including AT&T, Eli Lilly & Co., the American Hospital Association, United Technologies, the American Council of Life Insurers and the American Bankers Association.

In March 2012 he was appointed to be counselor to Vice President Joe Biden. Ricchetti had deregistered as a congressional lobbyist in late 2008 shortly after the election of Obama and Biden to the presidency and vice presidency, respectively. Ricchetti’s appointment was controversial due to President Obama’s promise to not appoint lobbyists and his issuance of “a tough new ethics policy meant to curb the revolving door between his administration and K Street.”

Because Steve Ricchetti had not lobbied personally for over two years, he did not require a waiver from the administration’s policy. A statement from Biden’s office in 2012 said that since 2008, Ricchetti had “advised clients on public policy, communications strategy, and grassroots efforts but did not act as a lobbyist with the federal government on behalf of any client.”

The Washington Post reported Ricchetti earned $1.8 million from his firm, Ricchetti Inc., the year before his appointment, and was owed another $217,000 from work he completed the same year as his appointment. In December 2013, Ricchetti succeeded Bruce Reed as chief of staff to the vice president, with the rank of Assistant to the President.

Steve Ricchetti was the chief planner for a possible Biden run in the 2016 presidential election. Ricchetti was the chairman of Biden’s presidential campaign in the 2020 elections, leading the campaign’s efforts to raise funds from Wall Street financiers. On November 16, 2020, it was announced that Ricchetti would become a Counselor to the President in the incoming Biden administration.

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Ricchetti, along with Shalanda Young and Louisa Terrell, was tapped to lead the Democratic side in negotiations over the 2023 United States debt-ceiling crisis. Representative Garret Graves, a key Kevin McCarthy ally and point person on debt and budget issues, was tapped to lead the Republican side.

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He is on the board of advisors of the Center for Congress at Indiana University. He formerly served on the boards of the Center for American Progress, Trust for the National Mall, and Bloomberg Government before stepping down from those positions to take a post in Biden’s office as Counselor to the Vice President.

Wife

Is Steve Ricchetti married? Steve Ricchetti is a married man and has children with his wife Amy Ricchetti. The couple lives in McLean, Virginia. As of June 2023, Steve and his wife Amy have four children. He stands at an appealing height of 1.78m and has a good body weight which suits his personality.