As a big name in American politics, the former Montana senator Jon Tester’s net worth is a subject of great interest to the general public. In the following piece, we’ll take a closer look at his finances, assets, and investments, as well as all other relevant information.
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Who is Jon Tester?
Jon Tester is a prominent figure in US politics. He has served as the senior United States Senator from Montana from 2007 to 2025. He narrowly won reelection in 2012 and 2018 but lost his bit for a fourth term in 2024 to Republican nominee Tim Sheehy.
As a member of the Democratic Party, Tester is known for his moderate stance on various issues, often bridging the gap between the left and right during his time in Congress. Before his political career, he was a farmer, maintaining his family’s farm in Big Sandy, Montana.
Jon Tester’s net worth
Jon Tester’s net worth is estimated to be around $3,672,000 in 2018. However, his final financial disclosure report suggest that his total assets are worth between $1,704,009 and $6,510,000, with no reported liabilities.
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 Jon Tester make his money?
From what we were able to gather, Jon Tester’s income sources appear quite varied, reflecting both his career in politics and agriculture. Here’s a breakdown of his earnings:
- Senatorial salary: As a US Senator, Tester earned an annual salary of $174,000. This salary has been consistent from 2007 to 2025;
- Farming business: Before entering politics, Tester was a full-time farmer. He continues to be involved in his family farm, which contributes significantly to his income. The farm’s revenue fluctuates based on agricultural market conditions, but it remains a substantial part of his net worth;
- Book sales and speaking engagements: Like many politicians, Tester has authored a book and participates in paid speaking engagements, further supplementing his income.
Tester’s assets
According to his final financial disclosure report, Jon Tester’s total assets range in value from $1,704,009 and $6,510,000. His most prized assets include:
- Family farm in Big Sandy, MT, valued between $1,000,001 and $5,000,000;
- Glacier Bank deposit worth between $100,001 and $250,000;
- American Electric Power Company, Inc. corporate securities stock worth between $50,001 and $100,000.
On the other hand, Tester doesn’t have any reported liabilities.
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Insider trading involvement
There is no public record of Tester’s involvement in insider trading. What’s more, the former Montana Senator has been active in efforts to prohibit insider trading in Congress. He introduced the Stop Trading on Congressional Knowledge (STOCK) Act, which prevents members of Congress and their employees from using knowledge gained from Congressional work for personal financial benefit.
The bottom line
According to his final financial disclosure report, Jon Tester’s total assets range from $1,704,009 and $6,510,000. Although a millionaire, Tester is nowhere near the upper tier of politicians in America. Some of his peers are miles away from him in terms of personal wealth.
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Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about Jon Tester’s net worth
What is Jon Tester’s net worth?
Jon Tester’s net worth ranges from $1,704,009 and $6,510,000, according to his final financial disclosure report.
Has Jon Tester made any significant financial disclosures?
Yes, as a US Senator, Jon Tester was required to file annual financial disclosure reports. These reports provide detailed information about his income, assets, liabilities, and other financial interests.
Are there any controversies related to Jon Tester's finances?
There have been no major controversies directly related to Jon Tester’s finances. He has maintained transparency through his financial disclosures.