Pat Fallon, a name synonymous with political and entrepreneurial success, has garnered significant attention for his contributions in multiple domains. As of 2024, discussions surrounding Pat Fallon net worth and his financial journey have intrigued readers.
I’m PBC, your trusted source for in-depth financial analyses at pennbookcenter.com. Together, let’s explore the fascinating financial world of this U.S. Congressman and entrepreneur.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Patrick Edward Fallon |
| Popular Name | Pat Fallon |
| Gender | Male |
| Birth Date | December 19, 1967 |
| Age | 56 years |
| Parents | Public school teachers (names N/A) |
| Siblings | N/A |
| Birthplace | Pittsfield, Massachusetts, United States |
| Nationality | American |
| Ethnicity | N/A |
| Education | University of Notre Dame |
| Marital Status | Married |
| Spouse | Susan Kimberly Garner Fallon |
| Children | Mac Fallon, Thomas Fallon |
| Dating | N/A |
| Net Worth | Not public |
| Source of Wealth | Business, Political Career |
| Height | N/A |
What is the Net Worth Of Pat Fallon in 2024?
Determining Pat Fallon‘s net worth in 2024 is challenging as specific figures are not publicly disclosed. However, his diverse income streams, including earnings as CEO of Virtus Apparel and his congressional salary, highlight his financial success.
To put his achievements into perspective, here are other notable figures in similar domains:
- John Ratcliffe
- Susan Kimberly Garner
- Lou Holtz
- Craig Estes
- Mary González
- Wendy R. Davis
- Rodney Anderson
- Kevin Lopez
- Trent Trubenbach
- Dan Patrick
Pat Fallon Wealth, Salary, and Finance Overview
Early Life and Education
Born on December 19, 1967, in Pittsfield, Massachusetts, Fallon grew up in a family of public school teachers. This rural upbringing instilled in him a strong work ethic. Fallon pursued his bachelor’s degree in Government and International Relations at the University of Notre Dame.
His time at Notre Dame included playing varsity football under Coach Lou Holtz, contributing to the 1988 National Championship team.
Fallon’s early entrepreneurial skills surfaced during college when he managed a t-shirt business, which laid the groundwork for his later ventures.
Career in Business
Fallon is the CEO of Virtus Apparel, a company that specializes in military and patriotic clothing designs. Headquartered in Prosper, Texas, the company has expanded to 12 locations nationwide, employing around 100 people.
His leadership not only contributed to the company’s financial success but also reflected his dedication to patriotic values.
Virtus Apparel has become a notable name, allowing Fallon to align his financial pursuits with his personal beliefs and commitments to veterans.
Political Career Highlights
Fallon’s political career began in 2009 when he won a seat on the Frisco City Council. His leadership there set the stage for his subsequent roles:
- Served in the Texas House of Representatives (2013–2019).
- Elected to the Texas Senate (2019–2021).
- Currently serving as U.S. Representative for Texas’s 4th Congressional District since 2021.
Fallon’s policies often intersected with fiscal conservatism. Notable legislation includes co-authoring the “Merry Christmas” law, protecting public religious expressions, and supporting tax exemptions for small businesses.
Sources of Income
Virtus Apparel: His CEO role drives substantial earnings.
Congressional Salary: As a U.S. Congressman, Fallon earns a competitive government salary.
Investments and Assets: While specific details are scarce, his financial disclosures indicate significant stock transactions.
Awards and Achievements
- Military: Air Force Achievement Medal
- Political: Legislative contributions like the Merry Christmas law
Philanthropy and Contributions
Pat Fallon actively supports several charities, including Frisco Family Services, Boys & Girls Clubs of America, and Dallas Baptist University.
His donations reflect a commitment to community enrichment, showcasing the intersection of his wealth and values.
Financial Transparency and Controversies
In 2022, Fallon faced scrutiny for STOCK Act violations due to delayed reporting of stock transactions worth up to $17.53 million.
While this raised concerns, he attributed the delays to administrative misunderstandings, emphasizing his intent to comply.
FAQs about Pat Fallon
What are Fallon’s main sources of income?
His income stems from business earnings as CEO of Virtus Apparel and his congressional salary.
What are Fallon’s educational qualifications?
He holds a bachelor’s degree in Government and International Relations from the University of Notre Dame.
What awards has he received?
He was awarded the Air Force Achievement Medal during his military service.
What charitable organizations does he support?
He donates to Frisco Family Services, Boys & Girls Clubs of America, and Dallas Baptist University.
What is Fallon’s political affiliation?
He is a member of the Republican Party.
Conclusion
Pat Fallon’s journey illustrates a blend of entrepreneurial spirit, political acumen, and community commitment. At pennbookcenter.com, we aim to provide insights into such influential lives. Share your thoughts and discover more at pennbookcenter.com.
