Eric Shinseki Net Worth: Career and Wealth of the Former Army General and Secretary of Veterans Affairs

Information
Net Worth	$5 Million
Date of Birth	Nov 28, 1942
Place of Birth	Hawaii
Profession	Politician, Former United States Secretary of Veterans Affairs
Height	5 ft 7 in(170 cm)
Gender	Male
Spouse	Patricia Shinseki
Children	2
Nationality	United States of America

Eric Ken Shinseki, a name synonymous with military leadership and public service, has left an indelible mark on both the United States Army and the Department of Veterans Affairs. Beyond his distinguished career, many are curious about Eric Shinseki’s net worth and the sources of his income. In this article, we delve into the life and achievements of this remarkable individual, shedding light on his financial standing, lifestyle, and any controversies he has encountered.

Short Bio – Famous For

Eric Shinseki, born on November 28, 1942, in Lihue, Hawaii, is famous for his exceptional military career, which saw him rise to the position of the 34th Chief of Staff of the United States Army. He is also renowned for his tenure as the 7th United States Secretary of Veterans Affairs from 2009 to 2014.

Career & Achievement

Eric Shinseki’s career is nothing short of illustrious. After graduating from the United States Military Academy in 1965, he embarked on a journey marked by dedication and valor. Shinseki served two combat tours during the Vietnam War, where he displayed extraordinary bravery, earning three Bronze Star Medals for valor and two Purple Hearts.

His military service extended across various command and staff assignments, showcasing his leadership skills and commitment to the nation. He served in the 9th and 25th Infantry Divisions in Vietnam, even enduring a severe injury when he stepped on a land mine, which resulted in a year-long recovery process. Despite this setback, his determination led him back to active duty in 1971.

Shinseki’s career also included significant roles in Europe, where he served in various capacities, including Commander of the 1st Cavalry Division at Fort Hood, Texas, and Deputy Chief of Staff for Operations and Plans, United States Army.

In 1999, Eric Shinseki became the 34th Chief of Staff of the United States Army, the last Vietnam War veteran to hold this position. During his tenure, he initiated innovative plans such as the Stryker Interim-Force Brigade Combat Teams and the “Objective Force” strategic plan for the army.

However, his time as Army Chief of Staff was not without controversy. He clashed publicly with Secretary of Defense Donald Rumsfeld over the number of troops needed for the postwar occupation of Iraq, estimating that “several hundred thousand soldiers” would be required, a figure that differed significantly from Rumsfeld’s plan. This clash led to a perceived decrease in his influence within the Joint Chiefs of Staff.

In 2003, Shinseki retired from the Army after 38 years of dedicated military service, leaving an indelible legacy.

Family

Eric Shinseki is married to his high school sweetheart, Patricia. Together, they have two children, Lori and Ken, and are also blessed with seven grandchildren.

Sources of Income

Eric Shinseki’s primary source of income throughout his life was his career in the United States Army. His service, spanning almost four decades, earned him a respectable salary and various military awards and honors. After his retirement, Shinseki served as a director for several corporations, including Honeywell International and Ducommun, in addition to his roles in Grove Farm Corporation, First Hawaiian Bank, and Guardian Life Insurance Company of America.

Net Worth Figure and Rankings

Estimates suggest that Eric Shinseki’s net worth is approximately $5 million. While it may not reach the levels of some high-profile celebrities or business tycoons, this substantial wealth is a testament to his successful military career, which spanned nearly four decades, and his contributions to various corporate boards.

Lifestyle and Expenses

As a retired general and former Secretary of Veterans Affairs, Eric Shinseki likely enjoys a comfortable lifestyle. While precise details of his personal expenses are not publicly available, it can be assumed that he has the means to lead a fulfilling life in his retirement.

Controversies/Financial Challenges

One of the notable controversies in Eric Shinseki’s career occurred during his tenure as Army Chief of Staff. His public disagreement with Secretary of Defense Donald Rumsfeld over troop levels for the postwar occupation of Iraq garnered attention and led to speculation about the timing of his retirement. However, it’s essential to note that his retirement was announced almost a year before these comments.

Another challenging moment in his career came during his role as the Secretary of Veterans Affairs when the department faced the Veterans Health Administration scandal in 2014. Jackie Walorski demanded his resignation and this controversy ultimately led to his resignation as Secretary.

Conclusion

Eric Shinseki’s life and career have been characterized by dedication, service, and leadership. While his exact net worth remains somewhat elusive, it is clear that he has accumulated substantial wealth through his distinguished military career and subsequent corporate roles. Shinseki’s legacy extends beyond his financial standing, as he continues to be celebrated for his contributions to the United States Army and the Department of Veterans Affairs, leaving an indelible mark on the nation’s history.

FAQs

Where is General Shinseki now?

General Eric Shinseki is known to have served as the chairman of the Army Historical Foundation board. However, it’s important to note that individuals may have changed their positions or taken on new roles since then. To get the most up-to-date information on General Shinseki’s current activities and whereabouts, it is recommended to consult recent news sources or official announcements.

Who is the 34th chief of staff?

General Eric K. Shinseki served as the 34th Chief of Staff of the United States Army, assuming his duties on June 22, 1999.

Why was Shinseki fired?

General Eric Shinseki resigned from his position as Secretary of Veterans Affairs in May 2014 amid a scandal involving the Veterans Health Administration (VA). The scandal revealed significant issues within the VA healthcare system, including long wait times for veterans seeking medical care and allegations of falsified records to cover up delays. President Barack Obama accepted Shinseki’s resignation, stating that a review had found “unacceptable” problems within the agency. While he wasn’t technically fired, the controversy surrounding the VA’s handling of veterans’ healthcare ultimately led to Shinseki’s departure from the role.

What did Eric Shinseki do?

Eric Shinseki had a distinguished military career, serving in the United States Army for almost 40 years. He earned multiple awards for valor during the Vietnam War and became the 34th Chief of Staff of the Army. After retiring, he served as the Secretary of Veterans Affairs under President Barack Obama. He later joined corporate boards and served as the chairman of the Army Historical Foundation board. Throughout his career, Shinseki focused on military service, leadership, and veterans’ well-being.

Featured Image Credits: Win McNamee/Getty Images