As a notable figure in the US Senate, the Washington Senator has garnered significant attention for her active involvement in stock trading. Known for her savvy financial moves, Maria Cantwell’s net worth has become a topic of public interest.
Who is Maria Cantwell?
Maria Cantwell is a seasoned politician serving as a US Senator from Washington. Born in 1958, in Indianapolis, Indiana, she has dedicated much of her career to public service. After earning her Bachelor’s degree from Miami University in Ohio, Cantwell entered the political arena, first serving in the Washington House of Representatives from 1987 to 1993. Her political journey continued when she was elected to the US Senate in 2001, where she has been an influential member ever since.
Maria Cantwell’s net worth
According to OpenSecrets, Maria Cantwell’s estimated net worth for 2018 was $5,756,508. However, we’ve come to a different conclusion. Namely, Senator Cantwell is worth somewhere between $884,007 and $4,910,000, according to her 2023 financial disclosure report. Interestingly enough, this means that her wealth has decreased during the five years between the two reports.
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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 Maria Cantwell make her money?
Maria Cantwell’s income sources include a combination of her salary as a US Senator, investments, and her previous career in the private sector.
- Senate salary: As a US Senator, Cantwell earns an annual salary, which forms a significant part of her income;
- Stock investments: She has actively traded in the stock market, making strategic investments that have significantly contributed to her wealth;
- Previous private sector work: Before her political career, Cantwell worked in the private sector, including a notable stint at RealNetworks, where she served as Vice President of Marketing.
Maria Cantwell’s assets
According to her financial disclosure report for the year 2023, Maria Cantwell’s assets total between $1,164,010 and $5,510,000, with minimum and maximum liabilities of $600,000 and $280,003. Her assets mostly include mutual funds, and the top ones include:
- Cantwell 2000 campaign loan valued between $1,000,001 and $5 million;
- HACAX-Harbor Capital Appreciation Instl mutual fund worth between $100,001 and $250,000;
- VWNFX-Vanguard Windsor II Inc mutual fund valued between $15,001 and $50,000;
- American Beacon Small Cp Val Inv mutual fund valued between $15,001 and $50,000;
- CCASX-Conestoga Small Cap Investors mutual fund valued between $15,001 and $50,000.
Maria Cantwell’s controversies
What is insider trading?
From what we were able to gather, there are no public records of any insider trading involvement from Maria Cantwell. In fact, she was vocal in demanding investigations into fraudulent foreclosure practices by financial institutions and has led fights to protect consumers from market manipulation on Wall Street. Also, Senator Cantwell was active in addressing financial scams and the tax implications for investors defrauded by schemes like those orchestrated by Bernard Madoff.
How much is Maria Cantwell worth?
Washington Senator Maria Cantwell’s net worth is anywhere between $884,007 and $4,910,000, providing her with a stable financial status. Her assets mainly consist of mutual funds, with several bank deposits, too. All in all, Cantwell is nowhere near being the richest US Senator; however, she is wealthy enough to be better off compared to average Americans and their households, according to recent reports.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
