As Arkansas’ most active senator in stock trading, we started to wonder about John Boozman’s net worth. Therefore, in the following piece, we’ll go through his assets and investments, as well as all other relevant financial information.
Receive Signals on US Senators' Stock Trades
Stay up-to-date on the trading activity of US Senators. This signal triggers based on SEC updates on all the trades that are made by US Senators. Learn more.
Who is John Boozman?
John Boozman is a Republican senator representing Arkansas. He assumed office in January 2011, succeeding Senator Blanche Lincoln. Before his tenure in the Senate, Boozman served in the US House of Representatives from 2001 to 2011. He is known for his advocacy for veterans, agriculture, and healthcare reform.
John Boozman’s net worth
According to OpenSecrets, Senator John Boozman had an estimated net worth of $2,361,025 in 2017. However, based on his 2023 financial disclosure report, he’s actually worth anywhere between $717,102 and $4,633,997.
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 John Boozman make his money?
Here’s a brief overview of John Boozman’s sources of income:
- Optometry practice: Boozman co-founded a successful optometry clinic with his brother in Rogers, Arkansas, which served as a primary income source before his political career;
- Political salary: As a member of Congress, Boozman earns a $174,000 annual salary;
- Investments: Boozman has invested in various stocks, bonds, and mutual funds, generating additional income through dividends and capital gains.
John Boozman’s assets
According to his 2023 financial disclosure report, John Boozman’s assets total between $1.717,102 to $5,084,000, with liabilities ranging from $450,003 and $1 million. Out of all of his assets, the following stick out as most valuable:
- Rental property and undeveloped land in Rogers, Arkansas, valued between $250,001 and $500,000;
- Invesco Short Term Treasury ETF, valued between $100,001 and $250,000;
- iShares MSCI EAFE ETF mutual fund, valued between $100,001 and $250,000;
- Goldman Sachs Access Investment Grade Corporate Bo corporate stock, valued between $100,001 and $250,000;
- CMBS Ishares ETF mutual fund, valued between $100,001 and $250,000.
Was John Boozman ever involved in insider trading?
What is insider trading?
Despite being known as Arkansas’ most active senator in stock trading, no official documents or news reports indicate that John Boozman has engaged in insider trading. He seems to uphold the ethical standards required of his position as a US Senator.
How much is John Boozman worth?
Despite his prominence in stock trading, Senator John Boozman is a long way from the wealthiest American politicians. His net worth is somewhere between $717,102 and $4,633,997, which puts him in the mid-tier group of senators based on their wealth. Either way, his public image is pretty clean, with no insider trading allegations to his name.
Disclaimer:Â The featured image in this guide is for illustrative purposes only and may not accurately reflect the true likeness of the individuals depicted.
FAQs about John Boozman’s net worth
How much is John Boozman's net worth?
According to his latest financial disclosure report, John Boozman’s net worth ranges from $717,102 to $4,633,997.
What are the primary sources of John Boozman's wealth?
Boozman’s wealth primarily comes from his optometry practice, political salary, and investments.
Is John Boozman involved in insider trading?
While Boozman’s active stock trading has raised eyebrows, there is no definitive proof of insider trading. He asserts that his trades follow all legal and ethical standards.
How does John Boozman's net worth compare to other members of Congress?
Boozman’s net worth is relatively high compared to many of his peers but not among the very wealthiest in Congress.
How many times has John Boozman been elected?
John Boozman has been elected to the Senate three times. He was first elected in 2010, then re-elected in 2016, and again in 2022.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.