US Postmaster General Louis DeJoy, has caught the public’s attention after announcing longer delivery times and less office hours. People are now curious what Louis DeJoy’s net worth is.
The US Postmaster General, Louis DeJoy, has recently announced a new ten year plan that includes higher postage prices, longer delivery times and reduced post office hours.
DeJoy said that he expects these plans will save the post office through the lowering of consumer expectations and costs.
DeJoy, 63, was born in 1957 in Brooklyn, New York. He attended Stetson University and received a bachelors in business administration in accounting.
Who appointed Louis DeJoy?
It was announced in May 2020 that Louis DeJoy would step in as the postmaster general for the US Postal Service.
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DeJoy was appointed by the USPS board of governors, who unanimously agreed on the decision, with the new position to be taken in June 2020.
The board of governors were all appointed by Donald Trump, and it includes four Republicans and two Democrats.
DeJoy is the former CEO of New Breed Logistics and served as the Republican National Committe deputy finance chairman.
In 2017, DeJoy hosted a fundraiser at his home in North Carolina, attended by high-profile names including then-president Donald Trump.
What is Louis DeJoy’s net worth?
While Louis DeJoy currently works as the 75th US Postmaster General, he is also an experienced businessman.
DeJoy has previously served as the CEO for High Point and the XPO’s supply chain business and before he was appointed Postmaster General, he was the president of LDJ Global Strategies.
Reports estimate that Louis DeJoy’s net worth is around $110 million and that he and his wife, Aldona DeJoy, have assets between $30 million and $75 million.
While his position as US postmaster general and CEO earns him a lucrative salary, most of his worth was made during his years in business.
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