How rich is New Mexico’s junior senator: Ben Ray Lujan’s net worth revealed

Ben Ray Lujan is an American politician who has served as the U.S. Senator from New Mexico since 2021. He was the first Hispanic to chair the Democratic Congressional Campaign Committee (DCCC) and the highest-ranking Latino in Congress at one point. Today’s article will provide Senator Ben Ray Lujan’s net worth and reveal his potential sources of income.

How rich is Ben Ray Lujan?

Ben Ray Lujan attended Pojoaque Valley High School and then worked at a tribal casino as a blackjack dealer. Afterward, he attended the University of New Mexico and earned a Bachelor of Business Administration from New Mexico Highlands University. 

Lujan’s early political career began in 2004 when he was elected to the New Mexico Public Regulation Commission. In 2008, he was elected to the U.S. House of Representatives, a role he held until 2020. Between 2019 and 2021, Lujan was the Assistant Speaker and the highest-ranking Latino in Congress. He resigned in 2020 to participate in the Senate elections. He won and assumed the position of junior Senator from New Mexico in January 2021.

Ben Ray Lujan had no notable career ventures before politics. As such, he did not accumulate significant wealth.

Disclaimer: Estimating a lawmaker’s net worth is challenging because disclosure forms do not mandate exact values. Instead, lawmakers report the value of their assets and liabilities within specified ranges. While we strive to accurately estimate net worth from filings, disclosure rules have shortcomings. Personal residences, certain personal property, and federal retirement accounts are often not reported. Large assets can be listed in broad categories like “Over $1 million” or “Over $50 million,” potentially worth much more. Additionally, most Members of Congress earn $174,000 annually, but this isn’t required to be disclosed.

How did Ben Ray Lujan make his money?

Lujan has been active in politics for most of his life, holding various official positions in the government. As such, his only publicly disclosed source of income is politics:

• Politics: Lujan started his political career in 2004 when he was elected to the New Mexico Public Regulation Commission. Today, he is a U.S. Senator from New Mexico, which entitles him to an annual salary of $174,000;

Ben Ray Lujan’s assets

Lujan’s 2023 financial disclosure report gives insight into the Senator from New Mexico’s humble portfolio of assets, including:

• Wells Fargo savings – valued between $100,001 and $250,000;
• New Mexico state employee pension – valued between $50,001 and $100,000;
• State Federal Credit Union – valued between $15,001 and $50,000.

Insider trading involvement

Senators Ben Ray Lujan and Martin Heinrich pushed to end the practice of members of Congress owning and trading individual stocks. Additionally, Lujan does not own or trade individual stocks and has not been accused of insider trading.

Who is Ben Ray Lujan?

Ben Ray Lujan was born in Santa Fe, New Mexico, on June 7, 1972. He holds a Bachelor of Business Administration from New Mexico Highlands University. Lujan’s father, Ben, was a longtime New Mexico House of Representatives member.

Lujan started his political career in the New Mexico Public Regulation Commission, eventually becoming its chairman. He was elected to the U.S. House of Representatives in 2008, holding this position until 2020. In 2019, he became the Assistant Speaker of the U.S. House of Representatives. In 2021, he became the U.S. Senator from New Mexico.

Recommended video: Senator Ben Ray Luján Returns to the Senate: “It’s an absolute honor to be back!”

A Democrat and a known progressive, Lujan focused on healthcare access and environmental protection. He remains an influential figure on the American political scene.

The bottom line

The Senator from New Mexico’s modest wealth puts him well below most U.S. Senators. Specifically, Ben Ray Lujan’s net worth is between $167,000 and $430,000.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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