FCC Chairman Ajit Pai’s net worth is on the rise. His salary as the Chairman of Federal Communications Committee has helped him in increasing his wealth. Know how Ajit reached where he is now!
FCC Chairman Ajit Pai’s salary & net worth 2019
Ajit Pai is a Havard University product, he graduated with a Bachelors of Arts degree in 1994. He followed that with a Juris Doctor degree in 1997 from the University of Chicago Law School. He was appointed the editor of the University of Chicago Law Review, during his university days.
Shortly after his law school, he got to work for the United States District Court for the Eastern District of Louisiana. In 1998, Pai moved to Washington DC as the Telecommunication Task Force’s trial attorney at the US Department of Justice’s Antitrust Division. He had to look after the offered mergers and acquisitions there.
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Ajit left the Justice Department to grab the post of Associate General council at the Verizon Communications Inc. in 2003. After two years of service, Pai left the company as he was offered the post of Deputy Chief Counsel by the US Senate Judiciary Committee’s Subcommittee on Administrative Oversight and the Courts.
Pai rejoined the justice department in 2004, but this time as a Senior Counsel at the Office of Legal Policy. In February 2005 he was appointed the Cheif Counsel at the Subcommittee on the Constitution, Civil Rights, and Property Rights. He has enjoyed many reputed posts since then in the Federal Communications Committee. His work mainly surrounds the transactional and regulatory matters of cable, wireless, internet, wireline and media.
The then president, Barack Obama nominated Ajit as the candidate for the position of Republic Party. He was sworn for the post on 14th May 2012. After the termination of his four years service on 30th June 2016, Pai was further promoted as the Chairman of the Federal Communications Committee by the new president, Donald Trump in January 2017.
Ajit Pai is earning an annual salary of $165,300 as the appointed FCC chairman. This salary is not constant for the years he shall serve. This will surely boost his net worth in the days to come.