Many fans are curious about Rex Tillerson's financial success in April 2026. Our team analyzed the latest data to provide a clear picture of their income.
What is Rex Tillerson's net worth?
In 2004, Tillerson was appointed President and a member of the board of directors of ExxonMobil Corporation. Just two years later, in 2006, he succeeded Lee Raymond as the Chairman and CEO of the company. During his tenure, Tillerson focused on the development of new energy technologies, including carbon capture and storage and biofuels, as well as the expansion of the company's natural gas production.
When he agreed to become Secretary of State, Tillerson was allowed to place$180 million worth of Exxon stock into a blind trust. Furthermore, Tillerson was forced to sell all of his privately owned shares in the oil giant, which he was then be able to re-invest in "permitted property," which is mostly mutual funds and securities. Assuming he complied those demands,Tillerson wouldn't have to pay capital gains tax for the sale.
In his last year as CEO of Exxon, Tillerson earned $27.5 million in total compensation.
Rex Wayne Tillerson was born on March 23, 1952, in Wichita Falls, Texas. Raised in a conservative family, Tillerson became an Eagle Scout in the Boy Scouts of America and eventually rose to the rank of Distinguished Eagle Scout. Tillerson attended the University of Texas at Austin, where he earned a Bachelor of Science degree in civil engineering in 1975. His education and background in engineering would later prove instrumental in his career in the oil and gas industry.
In 1999, following the merger of Exxon and Mobil, Tillerson was appointed Executive Vice President of ExxonMobil Development Company, responsible for the corporation's global upstream activities. Under Tillerson's leadership, ExxonMobil expanded its global reach and explored new territories, including Russia, which would later become a significant area of focus for the company.
Tillerson began his career at Exxon Corporation, the precursor to ExxonMobil, in 1975 as a production engineer. Over the years, he held various positions within the company, steadily rising through the ranks. In 1995, Tillerson was appointed president of Exxon Yemen Inc. and Esso Exploration and Production Khorat Inc., where he was responsible for overseeing the company's operations in Yemen and Thailand.
Rex Tillerson is an American energy executive, civil engineer, diplomat, and politician who has a net worth of $300 million. Rex Tillerson is best known for his tenure as the CEO of ExxonMobil and as the 69th United States Secretary of State under PresidentDonald Trump. Tillerson's career in the energy sector spanned over four decades, during which he played a crucial role in strengthening ExxonMobil's global presence and in the development of new energy technologies. As Secretary of State, Tillerson helped shape American foreign policy, particularly in the areas of energy security and international diplomacy.
Ultimately, Rex Tillerson's financial journey is a testament to their success.
Disclaimer: All net worth figures are estimates based on public data.
