Dominion is led by CEO John Poulos, who went on 60 Minutes to refute allegations of election fraud and claims that the company was formed in Venezuela to manipulate elections for the late president Hugo Chávez. For the sake of brevity, I’ll just say that we were established in Toronto, and that we have zero ties to Venezuela, as Poulos put it. What else is there to know about Poulos and Dominion Voting Systems then? Take a look at the company and John Poulos wealth and Dominion voting systems net worth below.
Dominion Voting Systems Net Worth
In 2020, Fox News claimed that Dominion Voting Systems had committed election fraud and altered vote tallies, leading to Donald Trump’s loss of the presidential election. This brought the firm into the spotlight. A defamation lawsuit against Fox Corporation was launched by Dominion shortly after for $1.6 billion, claiming that “lies and misinformation have severely damaged our company and diminished the credibility of U.S. elections.” Threats have also been made against company employees. this is all we know about dominion voting systems net worth.
John Poulos Started Dominion Voting Systems In 2002 With Co-Founder James Hoover
In 2002, John Poulos and James Hoover started a company called Dominion Voting Systems. The company’s headquarters are in Canada, and it also has offices in the United States and Serbia, where its development staff is based.
“Our senior management team is extremely pleased to partner with Staple Street Capital,” Poulos stated in a news release at the time. “Staple Street Capital has a proven track record of successfully investing in growing mid-size businesses.” In order to fulfill market demand, provide better service to clients, and engage in developing security initiatives, “now is the ideal time to add financial resources and an experienced strategic partner.”
The following are further links to articles in which we discuss the net worth;
- Lala Kent Net Worth: When Did She Become a Main Cast Member in Vanderpump Rules ?
- Joe Alwyn Net Worth: How Did He Acquire His Fortune?
- Dianne Feinstein Net Worth: How Did She Acquire Her Wealth Throughout Her Career as a Politician?
Dominion Voting Systems Is The Second-largest Election System Vendor In The U.S
Dominion’s acquisition has made it one of the three companies that together control 88% of the election systems market. From 2017 to 2019, Dominion reportedly earned $118.3 million from 19 different states for election services. Dominion has several lucrative contracts in place, including a 10-year agreement with Georgia worth $107 million, a five-year agreement with Arizona worth $52 million, and an eight-year agreement with California worth $16.2 million. They say that Fox’s assertions regarding voter fraud “recklessly disregarded the truth” and “deeply damaged once-thriving business.”
Here is a tweet related to this topic:
Fox and Dominion Voting Systems reached a settlement Tuesday in the voting machine company’s defamation lawsuit, averting a trial in a case that exposed how the top-rated network chased viewers by promoting lies about the 2020 presidential election. https://t.co/fjJnZXraAQ pic.twitter.com/cszE9Hvsr3
— The Associated Press (@AP) April 18, 2023
A look At Dominion CEO John Poulos Net Worth
Poulos’s pay and benefits are confidential because Dominion Voting Systems is not a publicly traded corporation. However, with a salary of $1.5 million and total remuneration of $15 million, media publications estimate Poulos’ net worth to be $120 million.