Oregon’s senior US Senator has gained attention not just for his legislative efforts but also for his financial activities. In this piece, we’ll take a closer look at Ron Wyden’s net worth, assets, and investments, as well as all other relevant financial information.
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Who is Ron Wyden?
Ron Wyden has been serving as a US Senator from Oregon since 1996. Before that, he represented Oregon’s 3rd congressional district in the U.S. House of Representatives for 15 years. Known for his work on healthcare reform, tax policy, and internet privacy, Wyden has built a reputation as a progressive leader. He chairs the Senate Finance Committee, which gives him a pivotal role in shaping economic and fiscal policy in the United States.
Ron Wyden’s key policies
Ron Wyden’s net worth
According to Open Secrets’ report for 2018, Ron Wyden’s estimated net worth was around $6,877,025. However, according to his 2023 financial disclosure report, Wyden’s net worth is actually somewhere between $7,154,122 and $16,549,014.
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 Ron Wyden make his money?
As a US Senator, Ron Wyden earns an annual salary of $174,000. However, the bulk of his wealth comes from his investments in the stock market and other financial instruments. Additionally, Wyden inherited a significant amount of wealth from his family, which he has successfully grown through careful financial planning.
Ron Wyden’s assets
Based on Ron Wyden’s financial disclosure report, he has a rather diverse portfolio, consisting of over 50 assets totaling between $8,654,122 and $17,799,014. They range from mutual funds to real estate properties, with the most prized ones being:
- Strand Book Store Inc. in New York, valued over $1 million, but held independently by either his spouse or child;
- Bass Book Trading, Inc. in New York, also valued at over $1 million and held independently by either his spouse or child;
- A commercial real estate holding on Broadway, New York, also valued over $1 million and held independently by either his spouse or child;
- Apple Inc. (NASDAQ: AAPL) corporate securities stock valued between $500,001 and $1 million, owned by his spouse;
- Amazon Inc. (NASDAQ: AMZN) corporate securities stock valued between $500,001 and $1 million, owned by his spouse.
Ron Wyden’s controversies
What is insider trading?
Senator Ron Wyden has been active in stock trading, but there is no evidence of him being involved in insider trading. At least, that’s what public reports and news suggest. His transactions include both sales and purchases of various stocks.
Nevertheless, Wyden isn’t free of controversies. Namely, he faced accusations due to his wife Nancy Wyden’s stock holdings. She owns up to $3 million worth of stock in tech giants like Apple, Microsoft (NASDAQ: MSFT), Amazon, and Alphabet (NASDAQ: GOOGL), all companies that the Senate Finance Committee, which Wyden chairs, regulates.
Additionally, Wyden launched an investigation into Affinity Partners, a Saudi-backed private equity firm led by Jared Kushner, former President Donald Trump’s advisor The investigation aims to determine if Kushner may have violated the Foreign Agents Registration Act (FARA) by lobbying for foreign governments through Affinity. However, the evidence remains circumstantial, and Affinity appears to be a fairly vanilla private equity firm.
The bottom line
Ron Wyden’s net worth is somewhere between $7,154,122 and $16,549,014, and he is considered one of the most active US Senators when it comes to stock trading. As such, he has quite a diversified portfolio, including various financial instruments, some of which exceed the $1 million value mark. Despite this, Wyden isn’t the richest American politician. He’s actually a long way behind the likes of Rick Scott, Mitt Romney, and Mark Warner.
Disclaimer: 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 Ron Wyden’s net worth
Who is Ron Wyden?
Ron Wyden is a senior United States Senator from Oregon, serving since 1996. He is known for his work on healthcare, taxation, and privacy issues.
How much is Ron Wyden’s net worth?
Ron Wyden’s net worth is somewhere between $7,154,122 and $16,549,014, according to his latest financial disclosure report.
What are Ron Wyden's most valued assets?
Ron Wyden’s most valued assets include Strand Book Store Inc. in New York and Bass Book Trading, Inc. in New York, both valued at over $1 million, but held independently by either his spouse or child.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
