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How rich is Oklahoma’s minister senator: James Lankford’s net worth revealed

How rich is Oklahoma's minister senator: James Lankford's net worth revealed
Nemanja Curcic

James Lankford is an American politician who has served as the U.S. Senator from Oklahoma since 2015. He is an ordained Southern Baptist minister and has worked in youth ministry, notably as the president of the Falls Creek Youth Camp. Today, we will reveal James Lankford’s net worth and the foundations of his current wealth. 

How rich is James Lankford?

James Lankford went to Lakeview Centennial High School in Garland. He earned a B.S. in secondary education at the University of Texas at Austin in 1990 and a master’s degree in Divinity at Southwestern Baptist Theological Seminary in 1994. 

Lankford is an ordained Southern Baptist minister. He moved to Oklahoma in 1995 and, a year later, became president of the Falls Creek Baptist Conference Center, one of the largest U.S. youth camps run by the Baptist General Convention of Oklahoma. He held this position until 2009 when he decided to run for Congress. 

Lankford began his political career in 2011 when he was elected to the U.S. House of Representatives, a position he held until 2015 when he was elected to the Senate.

With no other known sources of income besides ministry and politics, Lankford had a modest basis to accrue riches.

What is James Lankford’s net worth?

OpenSecrets’s 2018 analysis approximated James Lankford’s net worth at $116,509. There are no precise numbers on his current wealth, but his 2023 financial disclosure form implies it is between $400,000 and $1.07 million.

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 James Lankford make his money?

Before entering politics, Lankford worked primarily as a minister and a director of a youth ministry camp. In fact, James Lankford’s net worth has benefited from the following sources of income: 

  • Ministry: As an ordained minister, Lankford has been active in youth ministry, ultimately becoming the president of one of the largest youth camps in the United States, the Falls Creek Youth Camp. According to his 2023 financial disclosure form, he earned $10,700 in income from religious services;
  • Political career: Lankford started with politics in 2011 and has since held several elected official roles. As a senator, he receives an annual salary of $174,000;
  • Investments: According to his financial disclosures, Lankford has a sizeable portion of his wealth in various investments, including savings accounts, mutual funds, and ETFs: e.g., between $50,001 and $100,000 in iShares Core S&P 500 (IVV) alone.

Insider trading involvement

James Lankford has not publicly expressed his views on elected representatives owning and trading individual stocks. Furthermore, he has declined to comment on whether any lawmakers or their staff got fined for violating the STOCK Act. 

According to the Stop Trading on Congressional Knowledge (STOCK) Act, James Lankford’s assets are closely monitored for any insider information used for personal benefit, such as insider trading.

Who is James Lankford?

James Lankford was born in Dallas, Texas, on March 4, 1968. He has a Bachelor of Science degree in Secondary Education from the University of Texas at Austin and a Master of Divinity from Southwestern Baptist Theological Seminary. Additionally, he is an ordained minister and has served as the president of the Falls Creek Youth Camp.

Lankford launched his political career in the U.S. House of Representatives in 2011 and became a senator in 2015, which he still is. As a conservative, he focuses on fiscal responsibility, national security, and religious freedom. He has been sitting on several committees, such as the Committee on Appropriations, the Committee on Finance, and the Committee on Homeland Security and Governmental Affairs.

The senator from Oklahoma has received recognition for striving to streamline government functions and boost the political system’s efficiency. He supports increased military spending and pro-business policies. However, he has notably received backlash due to his proposed bipartisan bill on border security failing to pass.

Recommended video: Lankford addresses Trump’s opposition to possible Senate immigration deal

The bottom line

Coming from a ministerial background, the Senator from Oklahoma made his income from a peculiar patchwork of sources: youth ministry, politics, and investing. James Lankford’s net worth is, however, pretty average for the senatorial standards and is estimated to be somewhere between $400,000 and $1.07 million. 

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

FAQs about James Lankford net worth

What is James Lankford's net worth?

According to his publicly available 2023 financial disclosure report, James Lankford’s net worth is between $400,000 and $1.07 million.

What is James Lankford's most valuable asset?

James Lankford’s most valuable asset is the MidFirst Bank deposit, valued between $250,001 and $500,000.

Who are the Senators representing Oklahoma?

The current Oklahoma’s senators are James Lankford (senior) and Markwayne Mullin (junior).

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