Samuel Bodman Net Worth is$70 Million
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Date of Birth: 1938-11-26
Country: Chicago
Samuel W. Bodman Net Worth: Samuel W. Bodman is an American politician who has a net worth of $70 million. Born Samuel Wright Bodman III on November 26, 1938, in Chicago, Illinois, he is best known for his office term as a United States Secretary of Energy and previously as Deputy Secretary of the U.S. Treasury Department. After he completed his Doctor of Science in chemical engineering at the Massachusetts Institute of Technology, he remained at MIT the next six years serving as an Associate Professor of Chemical Engineering. At the time, he also started to work in the financial sector as Technical Director of the American Research and Development Corporation, a venture capital firm. Climbing up the career ladder, Bodman was named both President and Chief Operating Officer of Fidelity Investments and a Director of the Fidelity Group of Mutual Funds in 1983. Four years later, he joined Cabot Corporation, a Boston-based Fortune 300 company with business activities in specialty chemicals and materials spreading across the globe, where he also served as Chairman, Chief Executive Officer, and a Director. It was in February 2004 that Bodman started his tenure as a Deputy Secretary of the Treasury in the George W. Bush Administration, where he also served the as the Deputy Secretary of Commerce beginning in 2001. Samuel W. Bodman was nominated to replace Spencer Abraham as the United States Secretary of Energy on December 10, 2004. Then he was confirmed unanimously by the United States Senate on January 31, 2005, assuming office the next day. Under his guidance, the Department of Energy was operating with a budget in excess of $23 billion and over 100,000 federal and contractor employees.
Samuel Wright Bodman III (born November 26, 1938) was a United States Secretary of Energy and was previously Deputy Secretary of the U.S. Treasury Department.


Born in Chicago, Illinois on November 26, 1938, Bodman spent his early years in the Chicago suburbs, before he graduated in 1961 with a Bachelor of Science in chemical engineering from Cornell University. He was a member of Alpha Sigma Phi Fraternity and the Sphinx Head Society. In 1965, he completed his Doctor of Science in chemical engineering at the Massachusetts Institute of Technology. For the next six years he served as an Associate Professor of Chemical Engineering at MIT and began his work in the financial sector as Technical Director of the American Research and Development Corporation, a venture capital firm.
From there, Bodman went to Fidelity Venture Associates, a division of the Fidelity Investments. In 1983 he was named President and Chief Operating Officer of Fidelity Investments and a Director of the Fidelity Group of Mutual Funds. In 1987, he joined Cabot Corporation, a Boston-based Fortune 300 company with global business activities in specialty chemicals and materials, where he served as Chairman, Chief Executive Officer, and a Director.
Bodman is a former Director of M.I.T.'s School of Engineering Practice and a former member of the M.I.T. Commission on Education. He also served as a member of the Executive and Investment Committees at M.I.T., a member of the American Academy of Arts & Sciences, and a Trustee of the Isabella Stewart Gardner Museum and the New England Aquarium.
He is a former director of E. I. du Pont de Nemours and Company.
Bodman is married to M. Diane Bodman. He has three children, two stepchildren, and eight grandchildren.
Bodman served as Deputy Secretary of the Treasury in the George W. Bush Administration beginning in February 2004. He also served the Bush Administration as the Deputy Secretary of Commerce beginning in 2001.
On December 10

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Samuel Bodman Latest News

Domenech joins Neugebauer's D.C. staff

She also spent four years serving on the personal staff of Defense Secretary Robert Gates at the Pentagon, and began her career in the office of Secretary Samuel Bodman at the Department of Energy.
Posted: July 16, 2013, 10:17 am

Rep. Charles Bass (R-NH) Named One of the Most Corrupt Members of Congress

In February 2006, then-Secretary of Energy Samuel Bodman visited New Hampshire and had a one-on-one meeting, arranged by Rep. Bass, with Mr. Walker to discuss a rebate program important to NEWP. The secretary also discussed the program with Rep.
Posted: September 20, 2011, 2:30 am

Transcript: Energy Secretary Sam Bodman

Energy Secretary Sam Bodman joins me out of Washington. Secretary, do we, should we worry about oil prices rocketing up again? SAMUEL BODMAN, ENERGY SECRETARY: Neil, first of all, even at these levels, the president is very concerned about energy prices.
Posted: April 21, 2005, 3:53 am
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