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How rich is New Hampshire’s senator: Jeanne Shaheen’s net worth revealed

How rich is New Hampshire's senator: Jeanne Shaheen's net worth revealed
Nemanja Curcic

Jeanne Shaheen is an American politician who has served as the U.S. Senator from New Hampshire since 2009. She is the first woman to be elected as both a governor and a U.S. senator and the first Democrat to be elected to three full terms. This article will reveal Senator Jeanne Shaheen’s net worth and sketch out her sources of income.

How rich is Jeanne Shaheen?

Jeanne Shaheen attended Shippensburg University of Pennsylvania and obtained a bachelor’s degree in English. Afterward, she gained a master’s degree in political science from the University of Mississippi.

She was a teacher in Mississippi and New Hampshire and owned a store for used jewelry with her husband, Bill Shaheen, a lawyer and judge. Her earliest steps towards a political career were working on Jimmy Carter’s presidential campaign before she entered the New Hampshire state Senate race and won in 1990.

She was elected governor of New Hampshire in 1996 and reelected in 1998 and 2000. After an unsuccessful bid for the U.S. Senate in 2002, she won the 2008 elections and took her post in the U.S. Senate in 2009. She has remained a senator ever since.

Despite a detailed background in politics and teaching, much of Jeanne Shaheen’s wealth comes from her husband, Bill Shaheen, and his private companies and commercial rental property.

What is Jeanne Shaheen’s net worth?

OpenSecrets’ 2018 report estimated Jeanne Shaheen’s net worth at $3,823,005. While there are no accurate figures on her net worth today, her 2022 annual financial disclosure form indicates a figure between -$255,000 and $7.25 million. The reason behind the wide discrepancy is the margins of reported values of Shaneens’ properties and liabilities, with dozens of differences ranging up to hundreds of thousands of dollars.

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 Jeanne Shaheen make her money?

Shaheen has a teaching and politics career, but most of her wealth comes from her husband’s business endeavors. Her publicly available sources of income include:

  • Teaching career: Jeanne Shaheen has taught high school in Mississippi and school in New Hampshire. She also briefly taught at Harvard University, being named its Institute of Politics director.
  • Political career: Jeanne Shaheen officially entered politics in 1990 as a New Hampshire state senate member. Today, she is a U.S. Senator from New Hampshire, which comes with an annual salary of $174,000;
  • Shaheen business endeavors: Jeanne’s husband, Bill Shaheen, owns and manages a portfolio of private companies, including Shaheen Enterprises, LLC, and various rental properties, which comprise the bulk of Shaheen’s wealth.

Jeanne Shaheen’s assets

Shaheen’s 2022 financial disclosure report reveals the Senator from New Hampshire’s extensive portfolio of assets and property, the most valuable being:

  • Raymond James – Money Market bank deposit – held by Jeanne Shaheen’s husband and valued between $500,001 and $1,000,000;
  • Route 125 Associates (Dover, NH) – Commercial rental real property owned by Jeanne Shaheen’s husband and valued between $500,001 and $1,000,000;
  • Citizens Bank bank deposit – held by Jeanne Shaheen’s husband and valued between $500,001 and $1,000,000;
  • Emerald Group LLC – a consulting company owned by Jeanne Shaheen’s husband and valued between $500,001 and $1,000,000;
  • Molly O’s Restaurant – 2 Main Street (York, ME) – a commercial real estate owned by Jeanne Shaheen’s husband and valued between $500,001 and $1,000,000;

Insider trading involvement

Senator Jeanne Shaheen and her husband own no publicly traded stocks; instead, they have invested in private companies and real estate.

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

Who is Jeanne Shaheen?

Cynthia Jeanne Shaheen was born in Saint Charles, Missouri, on January 28, 1947. She holds a bachelor’s degree in English and a master’s in political science. A lifelong Democrat, she has a pioneering role as a woman politician in the U.S.

Recommended video: ‘She stuck to her principles’: Sen. Jeanne Shaheen on Dianne Feinstein’s legacy | ABCNL

Before becoming a senator, Shaheen served as the Governor of New Hampshire from 1996 to 2003, being the first woman to be elected. She won the most votes and became a senator in 2008, assuming the role in 2009 and holding the spot ever since.

Jeanne Shaheen has a reputation for progressive policy. She has advocated for small businesses, veterans’ affairs, and education reform. Furthermore, she has upheld a bipartisan approach to energy policy, healthcare, and national security issues.

The bottom line

The Senator from New Hampshire’s noteworthy wealth is average compared to the rest of her peers in the Senate. In fact, Jeanne Shaheen’s net worth is between –$255,000 and $7.25 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 Jeanne Shaheen net worth

How much is Jeanne Shaheen's current net worth?

As shown by her 2022 annual financial disclosure form, Jeanne Shaheen’s net worth is between -$255,000 and $7.25 million.

Who was the first woman governor of New Hampshire?

Jeanne Shaheen was the first woman to win the election for the governor of New Hampshire. However, she is not the first woman to hold the title: Vesta M. Roy was an acting governor for eight days between December 1982 and January 1983. 

How is Jeanne Shaheen so rich?

Most of Jeanne Shaheen’s wealth comes from private enterprises and real estate that her husband, Bill Shaheen, owns, primarily across their home state of New Hampshire. 

Who is Jeanne Shaheen's husband?

Jeanne Shaheen is married to Bill Shaheen, an attorney and a judge. Together, they own several private businesses and rental properties. They have three children.

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