As Colorado’s most active senator in stock trading, it’s only fair to explore John Hickenlooper’s net worth. As such, we’ll go through his assets, investments, and all other relevant financial information based on his latest financial disclosure report.
Who is John Hickenlooper?
Born in 1952 in Narberth, Pennsylvania, he initially pursued a career in geology before transitioning into politics. His journey from geologist to successful entrepreneur to influential politician is one of the more interesting ones in American politics.
John Hickenlooper’s net worth
According to his 2023 financial disclosure report, John Hickenlooper’s net worth is anywhere between $3,281,079 and $45,039,079. Regardless if the actual figure is near one or the other end of the specter, Senator Hickenlooper is one of the wealthier US politicians.
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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 Hickenlooper make his money?
John Hickenlooper’s wealth stems from multiple sources. Namely, before entering politics, he made a name for himself in the business world, particularly in the brewing industry. Key sources of Hickenlooper’s wealth include:
- Geology career: Initially worked as a geologist for Buckhorn Petroleum;
- Wynkoop Brewing Company: Co-founded one of Denver’s first brewpubs, which became highly successful;
- Public service: Earned a salary as Mayor of Denver, Governor of Colorado, and now as a US Senator;
- Investments: Actively engaged in stock trading and other financial investments.
John Hickenlooper’s assets
John Hickenlooper’s assets total between $13,281,079 and $47,039,081 with reported liabilities ranging from $2,000,002 to $10,000,000. Out of his many assets, the most valuable ones include the following:
- Vanguard Dividend Growth Fund Investor Shares mutual fund, valued between $1,000,001 and $5 million;
- Invesco NASDAQ 100 ETF mutual fund, valued between $1,000,001 and $5 million;
- Liberty Media Corporation 2006 Deferred Compensation Plan owned by his spouse but held independently by a dependable child or John Hickenlooper, valued over $1 million;
- Chipotle Mexican Grill, Inc. (NYSE: CMG) corporate stock, owned by his spouse but held independently by a dependable child or John Hickenlooper, valued over $1 million.
Was John Hickenlooper ever involved in insider trading?
What is insider trading?
Although Colorado’s most active senator in stock trading, no official documents or news reports suggest John Hickenlooper was ever involved in any illegal practices such as insider trading. His wealth, undoubtedly immense by average American standards, comes from his previous business career.
How much is John Hickenlooper worth?
John Hickenlooper’s net worth ranges from $3,281,079 and $45,039,079, making him one of the richer US Senators. Still, Hickenlooper is way behind the likes of Rick Scott, Mitt Romney, and Richard Blumenthal. Nevertheless, with a relatively clean public image and a previously successful career in business, his wealth will probably rise even further.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
