Pete Sessions net worth revealed: How rich is the Texas representative?

In this article, we take a look at Pete Sessions’ net worth by picking apart his assets and liabilities as detailed in his most recent financial disclosure report.

Who is Pete Sessions?

[Featured card: Pete Sessions is an American politician who serves in the United States House of Representatives for Texas’s 17th congressional district as a member of the Republican Party.]

Sessions has held various positions, including Chair of the House Rules Committee from 2013 to 2019 and Chair of the National Republican Congressional Committee from 2009 to 2013. He has been involved in politics for many years and has a background in business, having worked at Southwestern Bell, a subsidiary of AT&T (NYSE: T), for sixteen years.

Pete Sessions’ net worth

Based on his most recent financial disclosure report from 2023, we estimated Pete Sessions’ net worth to be anywhere between $5,423,144 and $15,053,000.

Disclaimer: Estimating a lawmaker’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.

Pete Sessions’ assets and liabilities

According to Pete Sessions’ 2023 FD report, his assets are valued between $5,423,144 and $13,053,000, with no reported liabilities. Out of all his disclosed assets, the most valuable ones are the following five:

• Capital Intl Core, UBS, valued between $250,001 and $500,000;

• London LCV, UBS IRA, valued between $250,001 and $500,000;

• QGARP, UBS IRA, valued between $250,001 and $500,000;

• Apple Inc. (NASDAQ: AAPL) stock, valued between $250,001 and $500,000;

• Rent 1, valued between $250,001 and $500,000.

Controversies

Pete Sessions was involved in a notable controversy when he made comments on ending no-fault divorce in Texas. He also faced a backlash for appearing to blame a victim of domestic violence for her own death.

In another controversy, he used campaign funds for legal fees during his bid to return to Congress, spending over $80,000 on legal expenses, which raised questions about the appropriateness of using these funds for such purposes.

Personal life

Pete Sessions was born in 1955, in Waco, Texas. He is the son of Alice June Lewis and William S. Sessions, who served as the Director of the Federal Bureau of Investigation.

Sessions attended Winston Churchill High School and graduated from Southwestern University in 1978. He worked at Southwestern Bell for sixteen years, eventually becoming a district manager for marketing in Dallas.

In his personal life, Pete Sessions was married to Juanita Diaz, with whom he has two sons—Bill and Alex. The pair divorced in 2011. In 2012, Sessions married Karen Diebel, with whom he has three stepsons—Conor, Liam, and Nicholas.

The bottom line

With a net worth ranging between $5,423,144 and $15,053,000, Pete Sessions is nowhere near the wealthiest US representative. Nevertheless, he is definitely wealthier than an average American household—according to Yahoo! Finance.

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