Colin Powell Net Worth 2024: Income, Salary, Career, Bio

Colin Powell was an American statesman and a retired four-star general who had a net worth of $60 million. He was well known for being a politician, statesman, soldier, and diplomat. He did great in his career and brought a lot of applause and laurels to his name and army.

Colin Powell Net Worth

Full Name:Colin Powell
Net Worth:$60 Million
Country:United States
Born:April 5, 1937
Salary:$2 Million
Last Updated:2024

Colin Powell Net Worth Growth

Net Worth in 2024$60 Million
Net Worth in 2023$60 Million
Net Worth in 2022$55 Million
Net Worth in 2021$55 Million
Net Worth in 2020$55 Million



When Powell was in college he joined the Reserved Officers Training Corps and he earned a commission as an Army Second Lieutenant. He was assigned to the 48th Infantry as a platoon leader in West Germany. He did a tour in Vietnam as a South Vietnamese advisor from 1962-1963.

In 1968, he served as assistant chief of staff of operations for the 23rd Infantry division. He even received the Soldier’s Medal for bravery after he survived the helicopter crash and also rescued three other people from the wreckage.

After these tours, when Colin returned to the US, then he enrolled himself at George Washington University from which he graduated with an MBA in 1971. He even served the White House Fellowship from 1972 to 1973.

He even attended the National War College in Washington from 1975 to 1976. He even served at Fort Carson, Colorado, and then became a senior military assistant to Secretary of Defence Caspar Weinberger. He even served as the United States Deputy National Advisor in 1987.

Powell had his last military assignment from 1989 to 1993. And in that, he served as the 12th Chairman of the Joint Chiefs of Staff. He became the first African-American and the youngest officer to serve in that position.

Powell resigned from his position in 1993. In 2001, he was unanimously confirmed by the United States Senate as the 65th Secretary of State. He joined the Silicon Valley venture in 2005 after he retired from the military. Powell was always vocal about his distaste for the Republican Party.

Personal Life

Colin was born to Maud and Luther and brought up in South Bronx. He attended Morris High School and worked at a local store selling baby furniture. He graduated in 1958 with a Bachelor of Science in Geology from City College of New York. He started his army career while in college.

He married audiologist Alma Johnson in 1962. The duo had three children together named Linda, Annemarie, and Michael. His son Michael served as the chairman of the Federal Communications Commission from 2001 to 2005.

Due to his great hard work and dedication in his career he had received various honors. He got myriad US and foreign military honors. He was one of the great militants who had shown his bravery and dedication in various instances.

He even won civilian awards that include the Congressional Gold Medal, President Medal of Freedom, Presidential Citizens Medal, and Secretary of Energy Distinguished Service Medal. Even after his retirement, he had done a lot for the betterment of society.


Net Worth$60 Million
NameAlma Powell
Height(6ft 1in)
Weight75 KG (Approx)
Date Of BirthApril 5, 1937
BirthplaceUnited States
Income$2 Million
SpouseAlma Johnson

“A dream doesn’t become reality through magic; it takes sweat, determination and hard work.”

– Colin Powell

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At the time of his death, Colin Powell had a net worth of around $60 million. He had worked very hard to achieve all that throughout his life. He died on October 18, 2021, and left the world for a heavenly abode.

Throughout his life, he had worked towards the betterment of society and even gotten various appreciations and recognitions. He was a true patriotic person who knew how to stay connected with his roots and help the country flourish.

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