Philip Perry, the husband of well-known politician Liz Cheney, is not just a quiet figure in the background. He is a powerful attorney, a former government official, and a smart financial mind. Many people are curious about how much he is worth and how he made his money. This easy-to-understand article will explain everything about Liz Cheney’s husband’s net worth, how he earns, his lifestyle, and what we can learn from him.
Who Is Liz Cheney’s Husband?
Philip Jonathan Perry is the husband of Liz Cheney, a political figure who served as the U.S. Representative for Wyoming’s at-large congressional district. While Liz has been active in the spotlight, especially with her strong political stands, her husband has built an equally impressive career, although he keeps a lower public profile. Born in 1964, Philip Perry is a skilled attorney and has served in top roles in the United States government. He’s a partner at the major international law firm Latham & Watkins LLP, where he specializes in regulatory litigation, constitutional matters, biotechnology, national security, and administrative law. Perry and Cheney married in 1993 and have five children. Despite their busy careers, they maintain a strong and private family life. His educational background includes a degree from Colorado College and a law degree from Cornell Law School. Over the years, Perry has worked behind the scenes to influence policies, contribute to the legal industry, and provide for his family, gaining significant financial success along the way.
How Did Philip Perry Make His Money?
Philip Perry built his wealth through a combination of high-level law firm work, government service, and strategic financial planning. Most of his income comes from his long-time role as a partner at Latham & Watkins, one of the highest-grossing law firms in the United States. As a partner, Perry earns a share of the firm’s profits, which can range from hundreds of thousands to millions of dollars annually. His specialty in regulatory litigation and government-related law makes him a go-to expert for complex legal issues. In addition to his law firm earnings, Perry has also worked in prestigious positions in the U.S. government, including as General Counsel for the Department of Homeland Security and the Office of Management and Budget. These roles not only gave him a solid reputation but also opened doors to high-level legal consulting opportunities. Combined with careful investments and financial discipline, Perry has accumulated a considerable net worth over the years.
His Job in a Law Firm
Philip Perry is a partner at Latham & Watkins LLP, which is consistently ranked among the top law firms in the world. Partners at this level do not earn a fixed salary. Instead, they receive income based on the firm’s earnings, and because Latham & Watkins is involved in billion-dollar cases and global corporate deals, the partners often receive large payouts. Perry’s role at the firm includes representing clients in sensitive and highly regulated industries like biotechnology, energy, and defense. He also deals with government investigations and constitutional matters, which are not only legally complex but also financially rewarding. It’s estimated that partners at his level can earn $1 million to $3 million or more per year, depending on the number of cases they handle and the success of their work. Perry’s legal experience and specialization in high-demand areas make him one of the top-earning lawyers in his firm. His long-term presence in such a profitable law environment has significantly contributed to his overall net worth.
Government Work and Roles
In addition to his legal career in the private sector, Philip Perry has served in several high-ranking government positions. He worked under the administration of President George W. Bush, holding roles such as General Counsel of the Department of Homeland Security and the Office of Management and Budget. These positions are not only prestigious but also carry influence and responsibility. Though government salaries are not as high as private-sector earnings, they provide stability, benefits, and long-term financial value. Government service also enhances a lawyer’s reputation, making them more valuable in private practice afterward. Perry’s roles involved crafting policies and regulations and defending them in court, which gave him an insider’s understanding of how government processes work. This knowledge helped him become a trusted advisor for companies dealing with government regulations, further increasing his demand and income in the private sector after his government service ended.
Smart Financial Planning
Philip Perry is not just successful because of his income—he is also wise with money. Financial experts believe that Perry and Cheney have followed smart money habits such as investing in real estate, saving strategically, and avoiding risky financial moves. He has also likely invested in retirement accounts, stocks, and other income-generating assets over time. By living within their means and making informed financial decisions, the couple has been able to grow and maintain their wealth. They are known to live a comfortable lifestyle without showing off or wasting money on unnecessary luxuries. In today’s world, financial planning is as important as income, and Perry’s steady and thoughtful approach has played a big part in building his net worth.
What Is Liz Cheney’s Husband Net Worth in 2025?
As of 2025, Philip Perry’s net worth is estimated to be between $8 million and $12 million, according to various public records and financial disclosures. This figure includes his earnings from the law firm, his government service, investments, retirement accounts, and real estate assets. Because he has been a partner at Latham & Watkins for many years, much of his wealth comes from profit-sharing. His income from previous years, combined with wise investments and a solid portfolio, continues to grow. He and Liz Cheney have also reported joint assets in public disclosures that confirm they are multi-millionaires. While exact figures are private, analysts estimate his yearly income still ranges between $1 million to $2.5 million depending on cases, bonuses, and investment returns.
How Does His Net Worth Compare to Liz Cheney’s?
While Philip Perry’s net worth is impressive, Liz Cheney herself is also quite wealthy. Liz has earned a good salary as a U.S. Representative, typically around $174,000 per year during her time in Congress. In addition to her congressional salary, she has earned income from speaking engagements, book deals, and media appearances. Her estimated net worth ranges from $7 million to $10 million, which is close to her husband’s. When combined, the couple’s joint net worth is estimated to be between $15 million and $20 million. While both have separate careers, they have likely made many joint investments and share ownership of property and assets. Their financial success reflects both of their accomplishments, making them one of the wealthier couples in U.S. political circles.
Do Liz and Her Husband Live a Rich Lifestyle?
Liz Cheney and Philip Perry live a lifestyle that can be described as comfortable and upper-class, but not flashy or overly extravagant. They do not flaunt their wealth publicly, and they stay mostly out of the celebrity spotlight. Their choices suggest a life focused on family, work, and public service rather than on material possessions. Their spending habits reflect balance—they enjoy the benefits of their hard work but are not known for luxury splurges or showing off designer brands. With five children, much of their lifestyle is likely family-oriented, involving private schooling, safe neighborhoods, and meaningful travel. While they are certainly rich compared to the average American, their lifestyle emphasizes responsibility and long-term stability over flashy spending.
Their House and Property
Philip Perry and Liz Cheney own property in Wyoming and Virginia. Their primary residence is believed to be in the Washington, D.C. area, where they have lived for many years due to work commitments. They also have strong roots in Wyoming, which is Liz Cheney’s home state. Real estate records show that they own homes worth millions of dollars, including a property in Jackson Hole, Wyoming, a location known for its natural beauty and high property values. These properties are likely fully paid off or have low mortgage balances, reflecting smart financial management. Owning homes in high-value markets adds a strong asset base to their net worth, and real estate continues to be one of the safest long-term investments. Their homes are well-kept, secure, and suited to both professional and family life.
Vacations and Travel
The Cheney-Perry family is known to travel, but not in the way celebrities or billionaires do. Their vacations tend to be meaningful and related to either family bonding or professional obligations. They have been seen vacationing in areas like Jackson Hole and other parts of the Western U.S., often enjoying nature and spending time away from the political world. Their travel choices reflect their appreciation for privacy and quiet time. They are not known for luxury yachts or private jets, but they do travel comfortably and safely. Given their income, first-class travel and high-end accommodations are well within their reach, and they likely prioritize convenience and security when they travel.
What Do They Spend Their Money On?
Like many wealthy families, Liz Cheney and Philip Perry spend money on education, healthcare, property maintenance, and travel. With five children, it’s reasonable to assume that a large part of their spending goes toward tuition, private schools, or college expenses. They also invest in professional services, including legal advisors, accountants, and financial planners, to manage their wealth effectively. While they may also donate to causes or contribute to political campaigns, public records suggest that their spending habits are generally practical and goal-oriented. They likely avoid debt, invest wisely, and maintain a financial cushion for emergencies or future needs. Their lifestyle reflects priorities like education, comfort, family, and long-term planning.
Is Philip Perry Still Working Today?
Yes, as of 2025, Philip Perry is still working as a partner at Latham & Watkins LLP. Even though he has enough money to retire comfortably, he continues to work because he is passionate about the law and public policy. His legal expertise remains in high demand, and his clients trust him for complex legal matters. At this stage in his career, he may be able to choose only high-profile or interesting cases, giving him more flexibility in his schedule. Continuing to work not only adds to his income but also helps him stay active in his field and maintain influence in legal and political circles. His ongoing work also suggests that he values purpose and contribution just as much as financial gain.
Thoughts – What Can We Learn From Philip Perry?
Philip Perry’s life teaches us that success doesn’t always have to come with fame. He has built a strong, stable, and financially successful life through education, hard work, and wise choices. He avoided flashy headlines and instead focused on building real value in his career. His work in both the private and public sectors shows how legal expertise and service to your country can go hand-in-hand. From financial planning to family values, Perry demonstrates how to live a wealthy but grounded life. He proves that staying focused and investing in long-term goals can create lasting success without needing to chase attention or status.
The Bottom Line
So, what is Liz Cheney’s husband net worth in 2025? Experts estimate that Philip Perry is worth between $8 million and $12 million, thanks to his successful legal career, government roles, and smart financial planning. Together with Liz Cheney, their combined net worth is around $15 million to $20 million. They live a financially secure life that is based on hard work, smart investments, and meaningful spending. Their story is a great example of how discipline, education, and career choices can lead to lasting wealth. Whether you’re interested in politics, law, or financial success, there’s something to learn from the quiet but powerful life of Philip Perry.
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