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Murphy's position at Goldman Sachs when the firm had its IPO brought his net worth above $50 million. [47] By one estimate, reported in Der Spiegel in 2009, his wealth after leaving the firm was in the range of several hundred million dollars. [34] In 2016, Murphy released five years' worth of federal tax returns.
Because Phil Murphy worked at Goldman Sachs until he retired in 2006 and at the time of its IPO, the Murphys are thought to be worth in the range of several hundred million dollars (according to one estimate reported in Der Spiegel in 2009). Other sources give a net worth in the $80 million range. [88]
Phil Murphy has stated that he will accept the full salary. [5] Jon Corzine accepted a token salary of $1 per year as governor. [6] [7] Previous governor Jim McGreevey received an annual salary of $157,000, a 10% reduction of the maximum allowed, [4] while Chris Christie, Murphy's immediate predecessor, accepted the full gubernatorial salary. [4]
Democratic candidate Phil Murphy, who is running against Republican Lt. Gov. Kim Guadagno for the governor of New Jersey , speaks at a rally on October 19, 2017 in Newark, New Jersey.
New Jersey Gov. Phil Murphy, right, and First Lady Tammy Murphy get mic'ed up for a Good Morning America segment in a mobile studio in front of their home on Sept. 26, 2023, in Red Bank.
In his seventh budget address Tuesday, Gov. Phil Murphy delivered a sweeping array of priorities that are part of the $55.9 billion spending plan he has proposed for New Jersey's 2025 fiscal year.
Phil Murphy became the 56th Governor of New Jersey on January 16, 2018. He won re-election in 2021, becoming the first Democrat since Brendan Byrne in 1977 to do so. His first term, overshadowed by the COVID-19 pandemic, has been characterized as establishing the already liberal -leaning state as one of the nation's most progressive.
Gov. Phil Murphy returned Sunday from a nine-day, ... Again, showcasing what New Jersey has to offer the rest of the world is always a net positive." When Murphy visited Germany in 2018, exports ...