More and more people are wondering about their Senate representatives’ finances and the way they accumulated their wealth. As such, in the following piece, we’ll explore Brian Schatz’s net worth, his most prized assets and investments, as well as whether he was ever involved in any insider trading scandal.
Who is Brian Schatz?
Brian Schatz grew up in Honolulu, Hawaii, where he attended Punahou School and later graduated from Pomona College in California. Before entering politics, Schatz was involved in non-profit work, serving as the CEO of Helping Hands Hawaii.
He first entered the political arena as a member of the Hawaii House of Representatives and then as Lieutenant Governor of Hawaii. In 2012, Schatz was appointed to the US Senate following the death of Senator Daniel Inouye. He has since been re-elected and continues to serve, focusing on issues such as climate change, technology, and healthcare.
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Brian Schatz’s net worth
OpenSecrets estimated Brian Schatz’s net worth to be -$554,493 in 2018. However, a more recent calculation based on his 2022 financial disclosure report estimates his net worth to be between -$868,977 and $914,998.
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 Brian Schatz make his money?
Brian Schatz accumulated his wealth through various channels, primarily stemming from his career in politics and investments. His journey to financial stability and growth can be broken down into several key components:
- Political career: As a US Senator, Schatz earns an annual salary of $174,000. Before this, his roles as Lieutenant Governor and a state representative also contributed to his income;
- Investments: Schatz has invested in several mutual funds, which have significantly increased his net worth over the years;
- Speaking engagements: Like many politicians, Schatz has benefited from paid speaking engagements, further boosting his income.
Brian Schatz’s assets
According to his 2022 financial disclosure report, Brian Schatz’s assets have an estimated value that ranges from $631,023 to $1,665,000. He also has two reported liabilities, valued between $750,002 and $1,500,000. Out of his 31 assets, the most valuable ones are:
- Residential property in Washington, DC, valued between $250,001 and $500,000;
- 2024/2025 Enrollment Portfolio Passive mutual fund, valued between $100,001 and $250,000;
- Vanguard Total Stock Market ETF mutual fund, valued between $100,001 and $250,000.
Was Brian Schatz involved in insider trading?
What is insider trading?
As far as public records show, Brian Schatz hasn’t been involved in any insider trading controversies. He appears to adhere to the ethical standards required of his role in the United States Senate.
How much is Brian Schatz worth?
Brian Schatz’s net worth is estimated to be between -$868,977 and $914,998. This wide range suggests there is a possibility that Senator Schatz might be in debt. If so, he is not alone in the Senate, as Tom Cotton’s and Chris Murphy’s net worths are both negative.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
