Due to her prominence in US politics, many Americans wonder about Marsha Blackburn’s net worth. Hence, we decided to explore the Tennessee Senator’s personal wealth, digging up her financial disclosure and looking at her reported assets and liabilities.
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Who is Marsha Blackburn?
Marsha Blackburn is a Republican politician who has served as the US Senator from Tennessee since January 2019. Before her tenure in the Senate, Blackburn represented Tennessee’s 7th congressional district in the House of Representatives from 2003 to 2019.
Known for her conservative views, Blackburn has been a strong advocate for issues such as free markets, limited government, and pro-life policies. Her political career spans over two decades, making her a seasoned and one of the more influential figures in American politics.
Marsha Blackburn’s net worth
According to OpenSecrets, Marsha Blackburn’s net worth was $262,013 in 2018. Nevertheless, her most recent financial disclosure report suggest that here actual net worth is somewhere between $8,028 and $1,319,999. While these numbers don’t place her anywhere near the wealthiest US politicians, they still put her ahead of many average Americans.
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 Marsha Blackburn make her money?
Marsha Blackburn’s wealth comes from a combination of her salary as a senator, her previous earnings in the private sector, and her investments. Here’s a breakdown:
- Senatorial salary: As a US Senator, Marsha Blackburn earns an annual salary of $174,000. This is the standard salary for all US Senators and contributes significantly to her income;
- Private sector earnings: Before her political career, Blackburn worked in marketing and held executive positions in various companies. Her experience in the private sector provided her with a solid financial foundation.
Blackburn’s assets and liabilities
According to her financial disclosure for year 2023, Marsha Blackburn’s assets range in value from $508,028 to $1,570,000. On the other hand, her liabilities are between $250,001 and $500,000. That said, out of all her assets the most valuable ones include the following:
- Balanced Asset Allocation Diversified Growth mutual fund, valued between $100,001 and $250,000;
- American Funds New Perspective Fund Class A mutual fund, valued between $100,001 and $250,000;
- Bank deposit in Pinnacle Bank, valued between $100,001 and $250,000;
- Bank deposit in M Financial Group, valued between $100,001 and $250,000.
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Insider trading involvement
There is no record of any trade activity from Marsha Blackburn. In fact, she’s one of the senators who wasn’t mentioned in a New York Times report highlighting potential conflicts involving stock trades. Nevertheless, there are existing allegations of her using campaign funds to enrich her family.
Blackburn is an advocate for banning members from trading individual stocks. Back in 2022, alongside four other colleagues, she introduced the Bipartisan Ban on Congressional Stock Ownership Act, which prevents members of Congress and their spouses from owning or trading stocks, bonds, commodities, futures, or any other form of security.
The bottom line
Despite varying reports and fluctuations in asset values, Marsha Blackburn’s net worth stands somewhere in between $8,028 and $1,319,999. Still, even if her actual wealth was closer to the larger figure, she wouldn’t be among the very top of the richest US Senators, who weigh much more than the Tennessee Senator.
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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 Marsha Blackburn’s net worth
Who is Marsha Blackburn?
Marsha Blackburn is a United States Senator from Tennessee, serving since January 2019. She is a member of the Republican Party and has previously served in the US House of Representatives.
What is Marsha Blackburn’s net worth?
Despite varying reports and fluctuations in asset values, Marsha Blackburn’s net worth stands somewhere in between $8,028 and $1,319,999.
How does Marsha Blackburn’s net worth compare to other US Senators?
Marsha Blackburn’s net worth is modest compared to some of the wealthiest US Senators, placing her in the lower range in terms of financial standing among her peers.
What is Marsha Blackburn's most valuable asset?
According to her most recent financial disclosure report, Marsha Blackburn has four assets that valued between $100,001 and $250,000. Two of these are bank deposits—one in Pinnacle Bank and the other in M Financial Group—and the other two are mutual funds.
