Jim Jordan’s net worth: How rich is the US Representative for Ohio?

Due to his prominent position in the US House of Representatives, we decided to explore Jim Jordan’s net worth. As such, we’ll go through his assets, liabilities, and investments, as well as all other relevant financial and personal information.

Who is Jim Jordan?

Born in 1964, in Urbana, Ohio, Jim Jordan has served in Congress since 2007. Before his political career, Jordan was a successful collegiate wrestler and coach. He is a founding member of the House Freedom Caucus and is known for his conservative stance on various issues, often vocal in his opposition to the Democratic Party’s policies.

What is Jim Jordan’s net worth?

Jim Jordan’s net worth varies according to different sources. Namely, Open Secrets estimated his wealth at $207,503 back in 2014. However, Yahoo! Finance quotes Net Worth Club, which claims Jordan is worth a whopping $30 million.

Nevertheless, we took a look at his 2023 financial disclosure report, and from what we were able to gather, Jim Jordan’s net worth is somewhere between $151,003 and $365,000. This is the same amount as his total assets since he has no reported liabilities.

Disclaimer: Estimating a Congress Representative’s net worth is challenging because disclosure forms do not mandate exact values. Instead, they 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, Jim Jordan earns $174,000 annually, but this isn’t required to be disclosed.

Jim Jordan’s income sources

Here’s a brief overlook at Jim Jordan’s income sources:

• Congressional salary: According to Yahoo! Finance, as a member of the US House of Representatives, Jordan earns an annual salary of $174,000;

• Teaching and speaking engagements: Jim Jordan has occasionally engaged in teaching and speaking, which provides additional income;

• Book royalties: Like many politicians, Jordan has authored books, and the sales contribute to his income.

Jim Jordan’s assets

According to his 2023 financial disclosure report, most of his assets have undisclosed value. However, the ones that do range between $151,003 and $365,000, and they include:

• Ohio Public Employees Retirement System Defined Benefit Plan, valued between $100,001 and $250,000;

• Savings at the Security National Bank, valued between $50,001 and $100,000;

• Security National Bank, valued between $1,001 and $15,000.

Jim Jordan’s investments

In their report on Jim Jordan’s net worth, Yahoo! Finance mentions his various investments in stocks and government bonds, which include:

• The Boeing Company (NYSE: BA);
• Intel Corporation (NASDAQ: INTC);
• Tesla, Inc. (NASDAQ: TSLA);
• The Walt Disney Company (NYSE: DIS);
• JPMorgan Chase & Co. (NYSE: JPM).

Personal life and controversies

Jim Jordan’s personal life has been relatively low-key. He married his high school sweetheart, Polly, and they have four children together. The family resides in Urbana, Ohio, where they lead a relatively modest lifestyle.

On the other hand, Jordan’s political career has not been without controversies. He faced allegations regarding his tenure as an assistant wrestling coach at Ohio State University, with claims that he failed to report sexual misconduct by a team doctor. Jordan has consistently denied these allegations. Despite these controversies, he maintains significant support within his district and among his Republican peers.

The bottom line

Despite varying reports on Jim Jordan’s net worth, it’s clear that he is far from being among the wealthiest US politicians. Senators like Rick Scott and Richard Blumenthal, as well as Illinois Governor JB Pritzker, have significantly higher figures attached to their names, with some even reaching billionaire status.

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

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