Introduction
Frank Lautenberg was an American businessman and politician who served as the United States Senator from New Jersey for five terms. In addition to his political career, he was also a successful businessman, serving as the CEO of Automatic Data Processing (ADP) and a co-founder of the company, the largest provider of payroll and tax filing services in the US. After his death in 2013, many people wondered how much Frank Lautenberg was worth, and what his legacy was.
Early Life and Career
Frank Lautenberg was born in Paterson, New Jersey in 1924. After serving in World War II, he attended Columbia University on the GI Bill and graduated in 1949 with a degree in economics. He started his career in the advertising industry, working for several agencies before joining Automatic Data Processing (ADP) in 1952 as a salesman. By 1961, he had risen to become CEO of the company, a position he held until 1980.
Political Career
Frank Lautenberg’s political career began in 1982, when he was elected to the United States Senate from New Jersey as a Democrat. He was reelected four more times, in 1988, 1994, 2000, and 2006, making him the longest-serving Senator in New Jersey history. During his time in the Senate, Lautenberg was a champion of public health and environmental issues, and helped to pass many important pieces of legislation.
Net Worth
According to Celebrity Net Worth, Frank Lautenberg’s net worth was around $55 million at the time of his death in 2013. Much of his wealth came from his time as CEO of ADP, which was a very successful company during his tenure. He also had other investments and properties that contributed to his net worth.
Philanthropy
Frank Lautenberg was a philanthropist as well as a successful businessman and politician. He established several organizations that focused on public health and environmental issues, including the Lautenberg Foundation, which supports research into improving public health. He also donated generously to other causes, including education and the arts.
Legacy
Frank Lautenberg’s legacy is one of public service and philanthropy. He was a dedicated public servant who worked tirelessly to improve the lives of his constituents and advance important causes at the national level. In addition to his political career, he also worked to improve public health and environmental issues through philanthropy and advocacy.
Personal Life
Frank Lautenberg was married twice and had six children. He was known for his dedication to his family, and often spoke about the importance of balancing work and personal life. He was also a fitness enthusiast, and was known to jog regularly, even in his later years.
Death and Funeral
Frank Lautenberg passed away on June 3, 2013, at the age of 89. He was remembered fondly by his colleagues in the Senate and by his constituents in New Jersey. His funeral was attended by many prominent politicians, including former Secretary of State Hillary Clinton, who gave a eulogy in his honor.
Conclusion
Frank Lautenberg was a remarkable man who accomplished much in his long and eventful life. He was a successful businessman, a dedicated public servant, and a generous philanthropist. His legacy continues to inspire people today, and his contributions to American politics and public health will not be forgotten.
FAQs
Q: Did Frank Lautenberg own any other businesses besides ADP?
A: Yes, Lautenberg had other business investments, including real estate.
Q: Did Frank Lautenberg run for any other political offices besides the Senate?
A: Yes, he ran for Governor of New Jersey twice, but was unsuccessful.
Q: Was Frank Lautenberg ever involved in any scandals during his political career?
A: No, Lautenberg was known for his integrity and was not involved in any major political scandals.
Q: What was Frank Lautenberg’s position on gun control?
A: Lautenberg was a strong advocate for gun control, and sponsored several gun control measures during his time in the Senate.
Q: What is the Lautenberg Foundation?
A: The Lautenberg Foundation is a non-profit organization that funds research to improve public health, with a focus on preventing and treating cancer, heart disease, and other chronic illnesses.