Former U.S. Vice President Dick Cheney, who passed away on November 3, 2025, at the age of 84, left behind not only a remarkable political legacy but also a well-diversified portfolio of real estate and investments. With an estimated net worth of around $150 million at the time of his death, Cheney’s financial empire reflected decades of influence in both the public and private sectors.
Here’s an inside look at Dick Cheney’s real estate holdings and property portfolio.
Dick Cheney’s Real Estate Holdings
Over the years, Dick Cheney owned multiple properties across the United States, from his native Wyoming to luxury estates in Maryland and Virginia. His real estate choices often balanced practicality, privacy, and prestige — consistent with his low-profile but powerful public persona.
1. McLean, Virginia Mansion
Cheney’s primary residence in recent years was located in McLean, Virginia, just outside Washington, D.C. In 2000, he purchased the property for approximately $1.35 million. Reports suggest that he later tore down the existing structure and built a custom mansion exceeding 12,000 square feet, complete with modern amenities, expansive security features, and landscaped grounds.
The location offered proximity to the nation’s capital — ideal for his years in government and continued involvement in political affairs even after leaving office.
2. St. Michaels, Maryland Waterfront Estate
One of Cheney’s most notable real estate purchases was his waterfront estate in St. Michaels, Maryland, situated on the scenic Chesapeake Bay. Purchased in 2005 for $2.67 million, the property featured nearly 5,000 square feet of living space, a guest house, a deep-water dock, a swimming pool, and lush outdoor gardens.
The Cheneys sold this property in 2019 for approximately $2.1 million, reflecting a modest decline in value but providing a glimpse into their preference for secluded and serene waterfront homes.
3. Wyoming Residence
True to his roots, Cheney maintained a family home in Jackson Hole, Wyoming, where he was born and began his political career. The Wyoming property symbolizes his connection to the state he once represented in Congress. While details are scarce, estimates suggest the property’s value has grown from about $1.2 million in the mid-1990s to over $4 million in recent years, driven by Wyoming’s rising real estate demand.
Legacy Beyond Politics
Beyond his political influence, Dick Cheney’s financial portfolio reveals a man who valued stability, legacy, and long-term planning. His real estate investments reflected his roots and lifestyle, while his diversified financial holdings demonstrated an understanding of the corporate and economic systems he once helped regulate.
After his passing, his wealth and assets are expected to remain within the Cheney family, with his wife Lynne Cheney and daughters Liz and Mary Cheney continuing his legacy of public service and intellectual engagement.
