John Edwards is most popularly known as the former politician who was the Democratic nominee for Vice President in 2004, and a Democratic presidential nominee in 2004 and 2008. Edwards was also a U.S. Senator for North Carolina for a single term. Edwards can credit his $55.5 million net worth to the political work he engaged in during those years, since he is no longer in politics.
After his running mate, John Kerry, lost to President George W. Bush, Edwards decided to take a full-time position with the One America committee, which he established in 2001. Edwards also spent time working as a consultant for Fortress Investment Group.
His most notable scandal involved his six felony charges, which claimed that Edwards violated multiple federal laws regarding campaign contributions, all of which were used to cover up his affair. Edwards was found not guilty on one of the charges, and the other charges were dropped. According to several tabloids, Edwards invited his former mistress Rielle Hunter to come live in the home he had previously shared with his wife.
In spite of the scandals and the release of his former mistress’s book in 2012, John Edwards has maintained his impressive net worth with his skills in the court room. His biggest victory to date is a $23 million judgment on behalf of the parents of a baby severely brain damaged by oxygen deprivation during labor, which is presently the highest payout from a medical malpractice suit in the state’s history. John Edwards presently works at a law firm in North Carolina, and he endorsed President Barack Obama during his first run for presidential election.