Darrell Issa Net Worth
Darrell Issa Net Worth: Darrell Issa is an American businessman and politician who has a net worth of $460 million dollars. Darrell Issa is the richest member of Congress. He earned his fortune as the founder and former CEO of a company called Directed Electronics INC which at one point controlled 60% of the American car alarm market. he was born Darrell Edward Issa on November 1, 1953, in Cleveland, Ohio. He is the current US representative for California's 49th congressional district, which covers parts of San Diego and Orange Counties including cities such as Vista, Oceanside, Encinitas and Carlsbad. Before becoming a politician, Darrell was the CEO of Directed Electronics, a California-based manufacturer of branded automobile security and convenience products. DEI pioneered the concept of creating a loud noise when a car was disturbed. One of Directed Electronics' signature anti-theft system was called the Viper car alarm. With Viper, when someone got too close, a speaker built into the car would play the words "Protected by Viper. Stand back" or "Please step away from the car." Sales in the company's first year topped $1 million. In the company's fourth year, Directed Electronics had revenue of $14 million. By 1999, the year Darrell decide to sell DEI, sales were $60 million per year. In 1999, Darrell sold his stake in DEI to a Florida-based private equity firm called Trivest.
A member of the Republican Party, he is widely known for his conservative political viewpoints. He was a steady supporter of authorization of the PATRIOT Act, Department of Homeland Security creation, Patriot Act Re-authorization in 2005, as well as he put in strenuous efforts to reduce greenhouse gas emissions, and Taxpayer Protection Pledge. Furthermore, he was against abortion, Employment Nondiscrimination Act (ENDA), and Stop Online Piracy Act. On the other hand, he was one of the sponsors of Cyber Intelligence Sharing and Protection Act, Fair Copyright in Research Works Act and Research Works Act. A Senate representative since 2001, Darrell Issa became a Chairman of the House Oversight and Government Reform Committee in January 2011. As for his private life, Issa is currently living with his second wife Kathy Issa, with whom he has one son named William.
|Net Worth:||$460 Million|
|Date of Birth:||Nov 1, 1953 (67 years old)|
|Nationality:||United States of America|