Ray Nagin is a former American politician who served as the 60th mayor of New Orleans, Louisiana from 2002 to 2010. He was known for his controversial leadership during Hurricane Katrina and its aftermath. Nagin’s net worth has been a subject of interest for many, as he faced legal troubles after leaving office. In this article, we will explore Ray Nagin’s net worth, along with seven interesting facts about him.
Ray Nagin Net Worth
Ray Nagin’s net worth is estimated to be around $100,000 as of the year 2025. This is a significant decline from his time in office, as he faced legal issues that resulted in financial challenges. Nagin was convicted of corruption charges in 2014, including accepting bribes and kickbacks while in office. As a result, he was sentenced to 10 years in federal prison and ordered to pay restitution of over $500,000.
Despite his legal troubles, Nagin has tried to rebuild his life after serving his sentence. He has written a book about his experiences and has been involved in various business ventures. However, his net worth has not fully recovered from the impact of his legal issues.
7 Interesting Facts About Ray Nagin
1. Ray Nagin was born on June 11, 1956 in New Orleans, Louisiana. He grew up in the city and attended local schools before going on to earn a degree in accounting from Tuskegee University.
2. Nagin worked in the telecommunications industry before entering politics. He served as the vice president and general manager of Cox Communications in New Orleans before running for mayor.
3. Nagin was elected as mayor of New Orleans in 2002, defeating incumbent Mayor Marc Morial. He promised to bring a business-like approach to city government and to address issues such as crime and education.
4. Nagin gained national attention for his handling of Hurricane Katrina in 2005. His administration was criticized for its slow response to the disaster, which resulted in widespread flooding and loss of life in the city.
5. Nagin was re-elected as mayor in 2006, but his second term was marred by corruption scandals. He was indicted in 2013 on charges of accepting bribes and kickbacks from city contractors.
6. In 2014, Nagin was convicted on 20 counts of corruption and sentenced to 10 years in federal prison. He was released in 2023 after serving over eight years of his sentence.
7. Since his release from prison, Nagin has focused on rebuilding his life and reputation. He has written a book about his experiences and has spoken about the lessons he has learned from his time in office.
Age, Height, Weight, and Spouse
Ray Nagin is currently 68 years old, with a height of 6 feet 3 inches and a weight of around 200 pounds. He is married to Seletha Nagin and has three children.
15 Common Questions About Ray Nagin
1. What is Ray Nagin’s net worth?
Ray Nagin’s net worth is estimated to be around $100,000 as of 2025.
2. What was Ray Nagin’s occupation before entering politics?
Ray Nagin worked in the telecommunications industry, serving as the vice president and general manager of Cox Communications in New Orleans.
3. When was Ray Nagin born?
Ray Nagin was born on June 11, 1956 in New Orleans, Louisiana.
4. What major event gained Ray Nagin national attention during his time as mayor?
Ray Nagin gained national attention for his handling of Hurricane Katrina in 2005.
5. How long was Ray Nagin sentenced to federal prison?
Ray Nagin was sentenced to 10 years in federal prison for corruption charges.
6. When was Ray Nagin released from prison?
Ray Nagin was released from prison in 2023 after serving over eight years of his sentence.
7. How many counts of corruption was Ray Nagin convicted on?
Ray Nagin was convicted on 20 counts of corruption in 2014.
8. What has Ray Nagin focused on since his release from prison?
Ray Nagin has focused on rebuilding his life and reputation, writing a book about his experiences and speaking about the lessons he has learned.
9. Who is Ray Nagin married to?
Ray Nagin is married to Seletha Nagin.
10. How many children does Ray Nagin have?
Ray Nagin has three children.
11. What was Ray Nagin’s educational background?
Ray Nagin earned a degree in accounting from Tuskegee University before entering politics.
12. What was Ray Nagin’s campaign platform when running for mayor?
Ray Nagin promised to bring a business-like approach to city government and to address issues such as crime and education.
13. Who did Ray Nagin defeat in the mayoral election of 2002?
Ray Nagin defeated incumbent Mayor Marc Morial in the 2002 mayoral election.
14. What industry did Ray Nagin work in before entering politics?
Ray Nagin worked in the telecommunications industry before entering politics.
15. What book has Ray Nagin written?
Ray Nagin has written a book about his experiences, detailing his time in office and the lessons he has learned.
In summary, Ray Nagin’s net worth is estimated to be around $100,000 as of 2025. Despite facing legal troubles and serving time in federal prison, he has tried to rebuild his life and reputation. Nagin’s story serves as a cautionary tale about the consequences of corruption in politics and the importance of accountability and transparency in government.