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Josh Shapiro net worth 2024 | How much money does Governor Josh Shapiro have?

Josh Shapiro net worth 2024 | How much money does Governor Josh Shapiro have?
Nemanja Curcic

Josh Shapiro is an American attorney and politician who has been Governor of Pennsylvania since January 2023. Before becoming governor, Shapiro held several public positions, including Montgomery County commissioner and Pennsylvania Attorney General. This article will attempt to discover Governor Josh Shapiro’s net worth and publicly available sources of income. 

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How rich is Josh Shapiro?

Josh Shapiro went to Akiba Hebrew Academy (today Jack M. Barrack Hebrew Academy) in Merion Station, Pennsylvania. He majored in political science magna cum laude at the University of Rochester in 1995. 

After Rochester, Shapiro moved to Washington, D.C., and became a legislative assistant to Senator Carl Levin. He then served as a senior adviser to Representative Peter Deutsch and Senator Robert Torricelli. Between 1999 and 2003, he was Chief of Staff to Representative Joe Hoeffel.

While on Capitol Hill, Shapiro was an evening student at the Georgetown University Law Center and earned a J.D. in 2002. 

His political career began in 2005 when he entered the Pennsylvania House of Representatives, where he remained until 2011. In 2011, Shapiro was elected to the Montgomery County Board of Commissioners, becoming its Chair in 2012. The last position he held before becoming a governor was attorney general of Pennsylvania from 2017 to 2023. Finally, in 2023, he was elected Governor of Pennsylvania. 

Between 2006 and 2017, Josh Shapiro also worked in corporate law at a private practice firm in Philadelphia.

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What is Josh Shapiro’s net worth?

In Pennsylvania, elected officials, such as the governor, are required to file annual statements of financial interest with the state Ethics Commission. These forms provide the public with valuable insights into the financial connections of their elected representatives and reveal which external groups may be attempting to influence public policy decisions. However, these state forms do not include specific amounts or detailed information about the assets the officials might be holding.

As a result, his 2023 statement of financial interest reveals that he has no real estate interests and no financial interests in any for-profit business held by him or his immediate family member. Additionally, his only listed sources of income come from the Governor’s Office and the Pennsylvania Office of the Attorney General

What is Josh Shapiro’s net worth?

Although some online sources claim that Governor Josh Shapiro has a net worth of ‘$5 million to $7 million’ or any other sum, the information on Josh Shapiro’s net worth is not available to the public.

How did Josh Shapiro make his money?

Although we cannot know Josh Shapiro’s net worth, we can trace his current and previous sources of income. These include:

  • Governor’s salary: Governor Josh Shapiro became governor in January 2023. As Governor of Pennsylvania, he is entitled to an annual salary of $237,679;
  • Politics: Josh Shapiro officially entered politics in 2005 when he was elected to the Pennsylvania House of Representatives. He has held numerous roles since then, including Montgomery County commissioner, which today comes with an annual salary of $98,200, and Pennsylvania Attorney General, which provides a yearly salary of $197,748;
  • Private law practice: From 2006 until 2017, Josh Shapiro worked for the private corporate law firm Stradley, Ronon, Stevens, and Young. It is not publicly known how much he earned from that position.

Insider trading involvement

We cannot say whether Governor Josh Shapiro ever participated in insider trading because we do not have access to his assets. He has not been publicly accused of insider trading.

The Stop Trading on Congressional Knowledge (STOCK) Act has been enacted to monitor Congress members’ personal assets for potential insider trading or other use of insider information for personal benefit. Still, it does not apply to Governor Josh Shapiro. According to the Ethics Act in Pennsylvania, he does not need to disclose his privately owned assets. 

Who is Josh Shapiro?

Joshua David Shapiro was born in Kansas City, Missouri, on June 20, 1973. However, he was raised in Montgomery County, Pennsylvania. He holds a B.A. in political science from the University of Rochester and a J.D. from Georgetown University. 

Josh Shapiro is a member of the Democrats. Before entering politics, he worked as a public servant, focusing on social justice and transparency. Between 2005 and 2012, he was a Pennsylvania State Representative. From 2012 to 2017, he was on the Montgomery County Board of Commissioners, advocating for fiscal responsibility and government reform.

In 2017, Shapiro was elected Pennsylvania’s Attorney General. He gained nationwide prominence in this role for investigating and prosecuting the Catholic Church’s sex abuse scandal. Finally, in 2023, he was elected Governor of Pennsylvania.

Recommended video: Josh Shapiro: ‘We want a leader who loves this country.. Donald Trump is the opposite of that’

Josh Shapiro and his wife, Lori, have four children, and they live in the Governor’s Residence in Harrisburg, Pennsylvania. Josh keeps kosher and remains an observant Conservative Jew. 

The bottom line

The Pennsylvania Governor’s net worth remains unknown to the public due to the limitations of Pennsylvania’s legislature regarding financial assets. However, he is required to list his income, and in 2023, his only income was from his governmental positions, which is an annual salary of $237,679

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

FAQs about Josh Shapiro net worth

How much is Josh Shapiro's current net worth?

Josh Shapiro’s 2023 statement of financial interest does not require him to list his privately owned assets, so it is not possible to know his net worth.

Is Josh Shapiro running for president?

When asked whether he would run for president or join Kamala Harris as her VP, Shapiro stated that he is ‘not going to get into hypotheticals’ and is happy to serve as the Governor of Pennsylvania, supporting the Biden-Harris presidential ticket.

Is Josh Shapiro from Pennsylvania?

Although he was born in Kansas City, Missouri, Josh Shapiro grew up in Montgomery County, Pennsylvania.

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