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What is Cindy McCain’s Net Worth and Family Wealth?

Cindy McCain, a successful businesswoman and philanthropist, boasts a net worth of $400 million, largely due to her family business, Hensley & Co. She inherited majority ownership of the beer distribution company in 2000 and currently serves as chairwoman.

While known for her business acumen, McCain is also recognized as the widow of Senator John McCain, with whom she was closely involved in his political career. Today, she is involved with various charitable organizations and is the mother of talk show host Meghan McCain.

Cindy McCain’s Leadership of Hensley & Co.

Inheriting majority control of Hensley & Co. in 2000, Cindy McCain became chair of the company after her father’s passing. With over 1,200 employees, the company generates more than $400 million in revenue annually. Hensley & Co. is the third-largest distributor of Anheuser-Busch products in the United States and one of the largest privately-owned companies in Arizona.

Cindy McCain’s Background and Education

Cindy Lou Hensley was born in Phoenix, Arizona in 1954 to James and Marguerite Hensley. She grew up in a wealthy family and graduated from the University of Southern California with a Bachelor of Arts in education in 1976. Two years later, she obtained a Master of Arts degree in special education. Despite being offered a position in the family business, Cindy chose to work as a special education teacher in Avondale, Arizona for a year.

Cindy McCain’s Prenuptial Agreement and Financial Support for John McCain’s Political Career

After meeting John McCain at a military reception in Hawaii, Cindy Hensley ended her own marriage and married John in 1980. They signed a prenuptial agreement that allowed Hensley to keep her finances under her control, and they filed separate tax returns. Although John did not receive any money from Hensley, he benefited from her connections as he advanced his political career. Hensley also provided loans to fund his various campaigns.

Cindy McCain’s Battle with Opioid Addiction

In 1989, Cindy McCain started using Percocet and Vicodin after undergoing spinal surgery. Her addiction was fueled by the stress she felt from her husband’s political scandals. At her worst, she was taking 20 pills per day and obtaining illegal prescriptions from her physician.

Her family eventually staged an intervention to help her get clean, but she was still plagued by accusations of being a drug addict for years – particularly during her husband’s political campaigns.

Cindy McCain’s Real Estate Portfolio

Cindy McCain has an extensive real estate portfolio that includes properties in Arizona, California, and Virginia. In 2018, she purchased a $2.8-million home in Phoenix that spans 5,000 square feet and features five bedrooms, marble floors, and a large backyard. Additionally, she and her late husband sold a 14,500-square-foot mansion in the area for $3.2 million in 2008.

The McCains also owned a condo in downtown Phoenix worth $4.67 million, which they later combined with the downstairs unit for a massive residence. They also purchased a $700,000 loft for their daughter, which they eventually sold for $730,000. In Cornville, Arizona, the family owns a ranch worth approximately $1 million, which they transformed over 20 years and pledged to turn a strip of land into a special area for local birds after John’s passing.

Outside of Arizona, the McCain family owns a property in La Jolla, San Diego, which they sold for $1.3 million in 2017. They also owned two condos on beachfront property in Coronado, California, which they sold in 2014 for $2.6 million and $2.1 million, respectively. In Virginia, Cindy purchased a 2,000-square-foot property in Arlington for $375,000 in 1993 and sold it for $1.2 million in 2017.

Overall, Cindy McCain’s extensive real estate portfolio is worth millions of dollars and includes a variety of properties across the United States.

McCains’ Wealth and Charitable Donations Revealed in Presidential Campaign Disclosures

During John McCain’s presidential campaign, financial disclosures revealed that the couple owned multiple real estate properties, including a $4.66 million beachfront condo in California. They also owned 13 cars and Cindy McCain wore suits by designer Escada, which can cost up to $3,000 each.

The disclosures also revealed that the McCains had set aside investment funds for their children worth between $2.7 and $5.8 million. Charitable donations were highlighted, including $500,000 to various private schools and $210,000 to the US Naval Academy Foundation. After the campaign, $9 million in leftover funds were transferred back to the McCain Institute Foundation.

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