Who is Jared Polis? What is Jared Polis net worth? How did he make all the money? Here we see Jared Polis personal life and much more.
Jared Polis is an American politician, philanthropist, and entrepreneur with a net value of $400 million. In America, Jared is one of the richest politicians. He was born on May 12th, 1927, in Boulder, Colorado. He graduated with a degree in Political Science from Princeton University. As the co-founder of the online greeting card firm called bluemountainarts.com, Jared earned his first big fortune. Jared Polis Net Worth is about $400 million.
His parents were his co-founders. Jared and his parent’s old blue mountain arts to Excite Home in 1999 at the peak of the dotcom bubble for $780 million in cash.
Polis was also the founder of ProFlowers.com, which he eventually sold for $500 million to Liberty Media. When he was elected to the Colorado State Board of Education, he launched a political career in 2000. In the election, an impressive 1.6 million votes were cast.
By a margin of just 90 votes, he ended up winning. That same year, he founded the Jared Polis Foundation. Concerning technology and community engagement, the Foundation is dedicated to improving teacher resource support.
In 2008, he was elected to the Colorado House of Representatives and was re-elected in 2010. He is one of only a handful in Washington of openly gay politicians. He is also the only gay parent in Congress.
He has also been very involved in online piracy legislation, in addition to his emphasis on education. He is an avid philanthropist, and his work has received several awards. Jared was elected Governor of Colorado on November 6, 2018. He is the first person to be elected Governor of a US State to be openly gay.
Jared Polis Net Worth
Jared Schutz Polis (born May 12, 1975) is the 43rd Governor of Colorado and is an American politician, entrepreneur, and philanthropist. He was the United States Representative for the 2nd congressional district of Colorado from 2009 to 2019.
In 2018, Polis was elected Governor of Colorado, making him the first openly gay man elected governor in the United States, the second openly LGBT person elected governor in the United States (after Governor Kate Brown of Oregon), and the first elected governor of Colorado by a Jewish person.
A member of the Democratic Party, Polis served on the Board of Education of the State of Colorado from 2001 to 2007. He was among the richest members during his time in Congress, with a personal net worth estimated to be nearly $400 million.
#Jared Polis Net Worth: $400 million.
Polis is the son of Stephen Schutz and Susan Polis Schutz, the owners of Blue Mountain Arts, a greeting card and book publisher. He was born in Boulder, Colorado, in 1975 at Boulder Community Hospital.
During his high school years, he lived in San Diego, California, and graduated in three years with several honors from La Jolla Country Day School. He also received a Bachelor of Arts from Princeton University in politics.
He changed his name legally in 2000 to use the surname of his mother, in part to increase awareness of a fund-raiser and because he actually “liked it better”
Polis, while still in college, co-founded American Information Systems (AIS), Inc. AIS was a provider of internet access and it was sold in 1998. He co-founded a free electronic greeting card website, Bluemountain.com, in 1996, which was sold for $430 million in stock and $350 million in cash to Excite@Home in 1999.
In February 1998, in La Jolla, California, Polis founded ProFlowers, an online florist. Economist Dr. Arthur Laffer started advising Polis in December of that year and joined ProFlowers as a Manager.
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On December 17, 2003, ProFlowers, later renamed Provide Commerce, Inc., went public on NASDAQ as PRVD. In 2005, Provide Commerce was purchased by media conglomerate Liberty Media Corporation for $477 million.
In 2000, Polis created the Jared Polis Foundation, whose purpose is “to create opportunities for success by supporting educators, increasing access to technology, and strengthening our community.” The core initiatives are the annual “Teacher Recognition Awards”; the “Community Computer Connection” initiative that refurbishes and donates to schools and non-profit agencies more than 3,500 computers a year.
Polis has since founded two charter schools for at-risk children, one with several campuses in three states, and a post-secondary institution, New America College.
In 2004, he created the “New America School” charter school, which is a high school that mainly serves older immigrant youth aged 16-21 and has three campuses in Colorado, two campuses in New Mexico, and campus opening in 2013 in Las Vegas, Nevada, in the Denver Metro area.
Polis co-founded the Charter School Academy of Urban Learning in Denver with Urban Peak in 2005 to help young people at risk of being homeless or live-in unstable living conditions.
Polis, along with Pat Stryker, Rutt Bridges, and Tim Gill, is one of the four rich Coloradans who contribute to political causes, often called the “Gang of Four”
Polis was elected as a full member of the Colorado State Board of Education in 2000 and served a single six-year term until the district was eliminated in January 2007.
His victory was one of the nearest in the history of Colorado, beating incumbent Ben Alexander by 90 of 1.6 million votes cast. During his tenure, Polis served as Chairman and Vice-Chairman of the Colorado State Education Board.
On November 6, 2018, Polis was elected governor. As the transformation team, working with Keystone Center as a facilitator, Boldly Ahead, a 501(c)4 nonprofit, was created. Jan. 8, 2019, is the inauguration.
Polis, when first elected to the United States, was one of the few people to be openly gay. House of Representatives and First Congressional Gay Dad. Polis and his wife, Marlon Reis, became the first same-sex first family in the United States, having a son and a daughter.
Video games like League of Legends are loved by Polis, and Maokai and Anivia are his favorite champions.
As an openly gay man, by his political achievements, Polis has many times made history. He became the first same-sex father elected to the U.S. Congress in 2008. He was elected governor of a state in the United States in 2018, becoming the first openly gay male and the second openly LGBT person (after Kate Brown of Oregon). He is also the first to be elected governor of Colorado by a Jewish male.
#Jared Polis Net Worth: his life
Jared Polis Net Worth: Background
Jared Polis is a multi-millionaire politician who from 2009 to 2019 represented the 2nd congressional district of Colorado. Polis announced in June 2017 his intention to run for Colorado Governor in 2018. In the November 2018 election, he won the election as Colorado governor.
Polis has a domestic partner named Marlon Reis and was the first-ever openly gay parent to be elected to the United States Congress with two children.
Polis was born to Stephen Schutz and Susan Polis Schutz, self-described “flower children” parents, on May 12, 1975, in Boulder, Colorado. He grew up in the wealthy San Diego neighborhood of La Jolla, California. At his exclusive private school, La Jolla Country Day, Polis started a Young Democratic Club.
Before earning a B.A., he graduated from high school at age 16. 1996 in Political Science from the University of Princeton. As his inspiration for entering politics, Polis credits his parents, who have been involved in demonstrators of the Vietnam War.
#Jared Polis Net Worth: where he started
Jared Polis’s Political Affiliation
Jared Polis is a leftist politician, a businessman on the internet, and a campaign donor. He served as the Democratic U.S. Delegate for the 2nd district of Colorado, which is governed by the university town of Boulder, from 2009 to 2018. Polis was elected governor of Colorado in the 2018 midterm elections.
Via a series of internet firms, Polis gained a fortune that he sold just before the late 1990s dot-com crash. In what Politico called a “clumsy display of naked ambition, uncouth even by Washington’s standards,” Polis used his fortune to buy an entry into politics. In 2008, Polis invested almost $6 million of his own money to gain a seat in the House of Representatives.
Polis was stridently left-wing in Congress, promoting government-controlled single-payer healthcare, economic stimulus in 2009, and gun control; voting 100% in line with Planned Parenthood and the American Civil Liberties Union (ACLU).
He also endorsed President Obama’s $2 trillion spending rise in taxes. Polis pushed environmental energy policies and said he would expel nine out of 10 innocent students accused on the campus of sexual assault just to get rid of the one guilty student.
#Jared Polis Net Worth: affiliation
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Jared Polis Net Worth, Professional Career and Wealth
As an adolescent, in 1992, the year after the dissolution of the Soviet Union, Polis spent a summer in Russia. He traded privatization vouchers during his time in Russia on the Russian commodity exchange. Polis allegedly made money off the sale of these deprivation vouchers, which many considered a “botched, scandal-ridden [mass] privatization effort that destroyed Russia’s economy and led ex-KGB oligarchs to dominate the economy.”
Polis then made a fortune during the dot-com boom of the late 1990s at an early age. In 1998, for $22 million, he sold the Internet service company he started in his dorm room.
He and his parents sold their BlueMountainArts.com electronic greeting card site for an estimated $780 million the following year, 1999, netting Polis $160 million at the age of 24. The firm that bought BlueMountainArts from Polis sold the site for $35 million within two years and filed for bankruptcy.
In 2005, Polis also founded and sold ProFlowers.com for $477 million. By 2004, Polis’s $160 million net worth put him on the Fortune list of the wealthiest Americans under 40. As of 2015, Polis was the fifth-richest out of the 535 members of Congress (including both the House and Senate).
#Jared Polis Net Worth: wealth
Jared Polis Net Worth: How he Made his Money
By bringing the greeting card company of his parents online, Polis made his fortune, and then more when he founded and sold ProFlowers.com for hundreds of millions in cash.
Polis continued to play a new role as an education advocate after establishing himself as a philanthropist, holding an office on the State Board of Education of Colorado, and continuing to establish several charter schools.
In 2000, he changed his name from Schutz to Polis, the maiden name of his mother, and later founded a tech start-up accelerator based in Colorado called TechStars. Any of his programs seem to have electoral appeal: he also created the Patriot Boot Camp, which allows veterans to start businesses. He was elected to the 2nd Congressional District in Colorado in 2008.
He has main partnerships with the “cannabis business,” high tech, manufacturing unions, and green energy drivers of the new Colorado economy. He is also backed by a term-limited Democrat, John Hickenlooper, the popular governor. Hillary Clinton fundraised Polis, and he attended two rallies with Sen. Bernie Sanders, I-Vt., on Wednesday.
#Jared Polis Net Worth: source of money
Buying Political Power
Polis used his fortune regularly to purchase political influence. In 2014, Polis’s “brash” use of his wealth to buy his entry into politics was characterized by Politico Magazine as a “clumsy display of naked ambition-uncouth even by Washington standards.”
Similarly, for a cause he believes in, the Washington Post wrote that Polis was “willing to open his wallet” and the “that cause is often himself.”
#Jared Polis Net Worth: law
Colorado Issue Spending
About his support for numerous Colorado ballot initiatives, Politico Magazine quoted a highly positioned Colorado Democrat who criticized Polis as “great at passing laws that don’t apply to him.”
In 2000, to mandate annual increases in state spending, he bankrolled a state ballot initiative. He put through a referendum in 2006 that barred lobbyists from providing gifts to elected officials and established an independent ethics commission for the state, resulting in a myriad of legal challenges.
Polis was said to have invested a few million dollars in 2014 endorsing contentious so-called ‘local jurisdiction’ referendum proposals to restrict and prevent the production of natural gas. The initiatives were consistent with the goals of the Democratic Party’s left-wing, such as billionaire environmentalist Tom Steyer, but alienated conservative Democrats, most notably Gov. John Hickenlooper of Colorado.
#Jared Polis Net Worth: issues
Democratic Party Insider
In 2014, the Washington Post noted that Polis formed strong relations with prominent Democrats by supplying large quantities of money before running for federal office, including the Obama administration’s Interior Secretary and the former U.S. Ken Salazar, Sen. and then-U.S. Sen. Udall Label.
In 2004, Polis was part of a small group of millionaires known as the ‘gang of four’ that poured $2.5 million together and earned a further $1 million for four independent spendings 527 parties that played a major role in taking control of the Democratic Party’s state legislature in Colorado.
Since his victory in the United States, Polis donated $1,865,855 to the Democratic Congressional Campaign Committee (DCCC) in Congress from 2008 through 2014, making him the 9th highest donor in the Democratic Caucus of the House.
In 2014, Polis’ chief of staff was quoted as saying that Polis was, about his desire to be named chairman of the DCCC, “either going to move up or move out.” Polis was subsequently named regional vice-chair in February 2017. Polis declared his intention to claim the governorship of Colorado four months later.
#Jared Polis Net Worth: Political
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Political Positions
The key to Polis’ popularity, one Democratic Colorado power player said, is simple: “He bought every seat he ever had.”
In 2000, at the age of 25, Polis, an alumnus of pricey and exclusive private colleges, “bought himself a seat on the state Board of Education, spending nearly $1 million on state-wide political ads for an unpaid board seat.” He defeated his Republican opponent, who spent $11,000 to his $1 million, in a recount by only 90 votes.
Polis was convicted of purchasing his congressional seat in 2008. To win the Democratic primary, the costliest House primary race in the nation in 2008, Polis spent almost $6 million of his own money outspending his two opponents combined.
Polis was the Democratic nominee for the 2018 gubernatorial election in Colorado. He was one of five Democrats in the race today. Polis soon suggested that he wanted to invest his own money on his gubernatorial candidacy and donated $250,000 in contributions to his party.
It was something that election analysts expected to be just the first contribution in “a looming cash deluge.” Polis won the 2018 election over Walker Stapleton, the Republican gubernatorial nominee.
#Jared Polis Net Worth: Political
Jared Polis Net Worth: Controversial Financial Arrangements
Polis advocates political spending limits but has no trouble making use of the legislation authorizing candidates to spend on their campaigns without a cap, as demonstrated by a $250,000 donation he made to his June 2017 gubernatorial campaign.
Polis spent between $1 million and $5 million in the oil and gas industry, according to his 2011 personal financial statement. Polis was a managing director at Jove Partners in 2008 (before he was first elected), which his opponents noticed was involved in energy discovery, including oil and gas production. Nonetheless, Polis has lobbied against gas discovery.
#Jared Polis Net Worth: Controversial Financial Arrangements
Similarly, Jove Partners of Polis are accused of war profiteering, a stance that is antithetical to the position of “not one more dollar for Iraq” by Polis.
Polis has spent up to $35 million in Bridge International, a corporation for American patients that arranges surgeries overseas. Polis was accused by opponents of profiting from Obamacare because he correctly predicted the legislation to trigger a medical tourism surge.
Polis has spent between $1 million and $5 million in biotechnology industry accounts, which rose by 25 percent thanks to Obamacare’s promised 12-year patent security on medicines from biotechnology firms.
Issue Positions
Healthcare
Since his original legislative bid, Polis has been vocally supportive of government-controlled “single-payer” health care, and he voted in favor of Obamacare.
In 2013, at the outset of Obamacare’s open enrollment, Polis told residents and voters, “If you are currently insured and like the plan you have, you will probably be able to stick to your current plan,” repeating a point initially made by President Barack Obama that the left-leaning fact-checking PolitiFact website was considered the “Lie of the Year” in 2013.
#Jared Polis Net Worth: health care
Tax-and-Spend Policy
In 2009, Polis said he was proud to vote for the $787 billion economic recovery plan. In 2011, after cutting $18.8 billion in military expenditures, he proposed a bill to increase education spending, partially limiting the number of aircraft carriers and navy aircraft.
Polis joined only 37 other House representatives in 2012 in opting for a budget that matched the recommendations of President Obama and featured tax hikes of almost $2 trillion.
#Jared Polis Net Worth: tax
Gun Control
Polis promotes gun reform, especially by calling for Congress to pass stricter gun regulations to politicize a mass shooting at a Las Vegas concert.
In 2015, Polis wrote an editorial calling for tighter gun laws and limiting statutory rights for those on the FBI’s terrorist watch list to the 2nd Amendment. The watch list has been criticized for a lack of due process by civil liberties and the left-of-center ACLU.
#Jared Polis Net Worth: belief
Philanthropy
The founder of the Jared Polis Foundation is Polis. The foundation issues annual Teacher Appreciation Awards to schools and non-profit organizations and donates computers.
One charter school (the New America School) was also founded by Polis and another was co-founded (the Academy of Urban Learning).
Polis won the 2007 Pacesetter Award in Education from the Boulder Daily Camera and the Kauffman Foundation Group Award.
#Jared Polis Net Worth: Philanthropy
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cover: jared polis net worth “Inside Politics Press Breakfast – July 2011 featuring Rep. Jared Polis” by Third Way is licensed under CC BY-NC-ND 2.0
bluemountainarts.com is the first source of Jared polis net worth. proflowers.com is another sources of Jared polis net worth, sold for a hefty amount of money. He also made money from other sources. Politics and other ventures are also Sources of Jared polis net worth.
