Where do you get that he is worth $20 million? He inherited about 1500 acres of timberland. He lives a pretty simple life and I expect he saved along the way, in the market, and if so he has a good nest egg. But $20 million? Don't believe it.
According to his govt financial disclosures in 2016, he was worth 7.5 million at the time. He inherited that land back in 2009. Max value back then was probably 1.5 million (right after global financial crisis and real estate crash and not worth a whole lot more in 2016 coming out of the Obama funk economy). Point being land was only a minor portion of his reported net worth at report date. Land value has probably quadrupled since 2016 and the DOW is up by 302% since 2016. AI is probably pretty close when it said his current NW was between $15 and $20 mil.
