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Dean Phillips is an American businessman and politician who has served as the U.S. representative from Minnesota’s 3rd congressional district since 2019. We will discuss details of Dean Phillips net worth in this write-up.

Who is Dean Phillips?

Dean Phillips was born on January 20, 1969 in Saint Paul, Minnesota, United States of America and moved from Saint Paul to Edina in the early 1970s where he grew up and attended The Blake School.

Phillips graduated from Brown University in 1991 and is a member of the Sigma Chi fraternity. He worked for bicycle equipment and apparel company InMotion for two years, and then joined his family’s company’s corporate office. He later completed his Master of Business Administration at the University of Minnesota’s Carlson School of Management in 2000. After graduation, he was named the president and CEO of his family’s organisation, Phillips Distilling Company.

Dean Phillips served as the company’s president and CEO from 2000 to 2012. He then stepped aside to run one of his other corporate investments, Talenti gelato, until it was sold for an undisclosed amount to Unilever in 2014. Since 2016, he has been the founder and owner of Penny’s Coffee, a coffee shop chain with two locations in the Twin Cities metropolitan area as of 2022.

Dean Phillip Career Explored

In 2018, Phillips ran for the United States House of Representatives in Minnesota’s 3rd congressional district as a Democrat. In the Democratic primary, he defeated former sales associate Cole Young with 81.6% of the vote. Phillips won all three counties in the district. In the general election, Phillips defeated incumbent Republican Erik Paulsen with 55.6% of the vote. When he took office in 2019, he became the first Democrat to hold this seat since 1961.

Phillips ran for reelection in 2020. He defeated Cole Young in the Democratic primary with 90.7% of the vote and faced off against the Republican nominee, businessman Kendall Qualls. Phillips defeated Qualls with 55.6% of the vote. Phillips was unopposed in the Democratic primary. In the general election, he defeated the Republican nominee, retired U.S. Navy submarine officer Tom Weiler, with 60% of the vote.

According to FiveThirtyEight’s congressional vote tracker at ABC News, Phillips voted with President Joe Biden’s stated public policy positions 100% of the time, making him more liberal than average in the 117th Congress when predictive scoring (district partisanship and voting record) is used. During the start of his first term in 2019, the McCourt School of Public Policy at Georgetown University placed him 27th out of 435 members in terms of bipartisanship.

In July 2023, Phillips said he was considering challenging President Joe Biden in the 2024 Democratic presidential primaries. In October 2023, he announced that he would step down as co-chair of the House Democratic Policy and Communications Committee because his views on the 2024 presidential race were incongruent with the majority of his caucus. He plans to announce on October 27 in Concord, New Hampshire, whether he will run for president. He officially filed the paperwork with the Federal Election Commission on October 26.

Dean Phillips Net worth, How Much is Dean Phillips worth?

Dean Philips net worth has rise over the years and there is no fact that he is one of the richest congressmen available currently.

Having established himself as one of the biggest names not only in America but in the world of politics, Dean Phillips boast of an estimated net worth around $150 million.

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