If you’re wondering about Jamie Raskin’s net worth, you’re in the right place. In this piece, we explore just how rich the US Representative for Maryland is, going through his assets and investments, as well as controversies and personal life.
US Congress Buy/Sell Signal
Stay up-to-date on the trading activity of US Congress members. This signal triggers based on SEC updates on all the trades that are made by US Congress members.
Who is Jamie Raskin?
Born in Washington, DC, Raskin has a rich background in law and education. He graduated from Harvard College and Harvard Law School, showcasing his dedication to academic excellence. Before entering politics, Raskin taught constitutional law at American University’s Washington College of Law for over 25 years.
His political career took off when he was elected to the Maryland State Senate in 2006, where he served until his election to Congress in 2016. He’s known for his progressive views and advocacy for civil liberties, becoming a significant voice in American politics, particularly noted for his role in the impeachment proceedings against Donald Trump.
What is Jamie Raskin’s net worth?
According to his 2023 financial disclosure report, Jamie Raskin’s net worth is anywhere between -$2,185,941 and $5,809,999.
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, Jamie Raskin earns $174,000 annually, but this isn’t required to be disclosed.
How did Jamie Raskin make his money?
Here’s a brief overlook of Jamie Raskin’s financial success:
- Lawyer: Raskin practiced law, offering legal services and advice that significantly contributed to his income;
- Professor: His tenure at American University’s Washington College of Law provided a substantial and steady income over the years;
- Author: Raskin authored several books and publications, adding to his earnings through royalties and sales;
- Congressional salary: As a member of Congress, Raskin earns an annual salary of $174,000.
Jamie Raskin’s assets
Based on his 2023 financial disclosure report, Jamie Raskin’s assets total between $2,814,059 and $6,810,000. On the other hand, his reported liabilities range from $1,000,001 and $5 million. That said, Raskin’s most valuable assets include:
- Maryland Supplemental Retirement Plan, valued between $500,001 and $1 million;
- Metropolitan West Total Return Bond Fd Plan Cl Shs, valued between $250,001 and $500,000;
- MFS Mid Cap Value Fund Class R6 (MVCKX), valued between $100,001 and $250,000;
- TIAA Real Estate Account (QREARX), valued between $100,001 and $250,000;
- Vanguard Total International Stock Index Fund Institutional Shares (VTSNX), valued between $100,001 and $250,000.
Controversies and personal life
Jamie Raskin has faced several challenges and controversies in his career. His involvement in the impeachment proceedings against Donald Trump drew both praise and criticism, reflecting the current polarized state of American politics. He also worked closely with prominent figures like Kamala Harris, advocating for progressive policies and reforms.
On a personal note, Raskin experienced a profound tragedy when his son, Tommy Raskin, passed away in 2020. This loss had a significant emotional impact on him and his family.
The bottom line
Although most famous for his involvement in the Trump impeachment, Jamie Raskin’s net worth is also worth mentioning. Namely, he’s worth anywhere between -$2,185,941 and $5,809,999, which implies that he might be in debt due to high liabilities reported in his most recent financial disclosure for the year 2024.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about Jamie Raskin’s net worth
Who is Jamie Raskin?
Jamie Raskin is an American lawyer, professor, and politician serving as the U.S. Representative for Maryland’s 8th congressional district.
What is Jamie Raskin's net worth?
Jamie Raskin’s net worth is somewhere between -$2,185,941 and $5,809,999, based on his 2023 financial disclosure report.
How did Jamie Raskin make his money?
Raskin made his money through his career as a lawyer, professor, author, and politician, as well as from investments, speaking engagements, and consulting services.
What are Jamie Raskin's primary assets?
His primary asset is his Maryland Supplemental Retirement Plan, valued between $500,001 and $1 million.
Has Jamie Raskin faced any controversies?
Yes, Raskin has faced controversies, particularly related to his involvement in the impeachment proceedings against Donald Trump.
What happened to Jamie Raskin’s son?
Jamie Raskin’s son, Tommy Raskin, tragically died by suicide in December 2020.
Why does Jamie Raskin wear a bandana?
Jamie Raskin wears a bandana because he is undergoing chemotherapy treatment for cancer.
