Sherrod Brown’s net worth revealed: How rich is the Ohio senator?

With so many of us curious about the financial status of our political representatives, we decided to explore Democrat Sherrod Brown’s net worth, revealing how wealthy the Ohio senator truly is as well as whether he was ever involved in any financial controversy.

Who is Sherrod Brown?

Sherrod Brown is a Democratic senator from Ohio, known for his progressive stances on various issues such as healthcare, labor rights, and trade. Born on November 9, 1952, in Mansfield, Ohio, Brown has served in public office for decades. He started his political career in the Ohio House of Representatives in 1974 and later served as Ohio’s Secretary of State. Since 2007, Brown has represented Ohio in the US Senate, gaining a reputation as a staunch advocate for the working class.

Sherrod Brown’s net worth

OpenSecrets estimates Sherrod Brown’s net worth to be around $263,000. However, we’ve come to a different conclusion based on Brown’s latest financial disclosure report. By analyzing the numbers, we estimated his net worth to be between -$15,991 and $959,998.

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 Sherrod Brown make his money?

Sherrod Brown has accumulated his wealth through a combination of his salary as a public servant, book royalties, and investments. Namely, as a US Senator, Brown earns an annual salary of $174,000. But before his time in the Senate, he also drew salaries from his roles in the Ohio House of Representatives and as Ohio’s Secretary of State.

Additionally, Brown has authored several books, including “Myths of Free Trade: Why American Trade Policy Has Failed” and “Desk 88: Eight Progressive Senators Who Changed America.” Each of these publications has contributed to his income through royalties.

Brown’s assets and investments

According to his financial disclosure report for year 2022, Sherrod Brown had assets totaling between $484,009 and $1,160,000. His most valuable assets include:

• Invesco Select Risk Growth Investor Fund Class mutual fund, valued between $250,001 and $500,000;
• State Teachers Retirement System of Ohio retirement plan, valued between $100,001 and $250,000;
• Ohio Public Employee Retirement System retirement plan, valued between $100,001 and $250,000.

On the other hand, Brown’s liabilities range between $200,002 and $500,000.

Insider trading involvement

There is no evidence or record of Sherrod Brown’s involvement in insider trading. In fact, he has been active in pushing for legislation to ensure fairness in the stock market and prevent insider trading. Brown called for investigations into allegations of insider trading and introduced legislation to ban stock trades and insider trading by Federal Reserve officials.

The bottom line

Perceived by the American public as a working-class champion, Senator Sherrod Brown’s net worth stands at between -$15,991 and $959,998. Of course, Brown is far from the richest politician in the US Senate. He holds a lower-midrange position, just like the majority of his Senate peers.

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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