Advertisement




Bud Shuster net worth at time of death

By

Posted On

in

Bud Shuster, an influential Republican and former Pennsylvania congressman who strongly backed transportation projects had an estimated net worth of $10 million at time of death.

Advertisement



According to Rebekah Sungala, a close family friend, Shuster died peacefully at his farm Wednesday in Everett, Pennsylvania, surrounded by his family, including his son, Bill Shuster, who succeeded him in the southern Pennsylvania congressional seat.

Shuster’s net worth was accrued from his career in politics and other businesses.

He started a computer business in the mid-1960s, rising to become a vice president with RCA in Washington.

In the late 1960s, he engineered a turnaround at Datel, a computer terminal company.

Bud Shuster | Getty Images

Shuster put himself through school, receiving his B.A. from the University of Pittsburgh in 1954, where he became a member of Sigma Chi, an M.B.A. from Duquesne University in 1960, and a Ph.D. from American University in 1967.

Advertisement



Shuster’s official congressional biography states that he served in the United States Army from 1954 to 1956.

However, in one of his several books, Believing in America, published in 1983, Shuster claimed that he was the class president at the University of Pittsburgh and was recruited by the local CIA office on campus and that this was his actual first employment.

Shuster’s political career began in 1972, when he entered the Republican primary for the 9th District.

He represented Pennsylvania’s 9th congressional district in the United States House of Representatives as a Republican from 1973 to 2001 after his shock resignation.

Shuster resigned from Congress on February 3, 2001, just a month after being sworn in for a 15th term.

While he cited health problems, he had also been forced to give up his chairmanship due to a Republican policy of a six-year term limit for committee chairs.

He was succeeded by his son Bill, elected in a special election that May.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News