Roger Marshall is an American politician and physician who has served as the U.S. Senator from Kansas since 2021. An obstetrician and former military officer, he is a member of the Republican Party. Today, we will reveal Roger Marshall’s net worth and explore the sources of his notable wealth.
How rich is Roger Marshall?
Roger Marshall went to Butler Community College before graduating from Kansas State University with a bachelor’s degree in biochemistry. He earned his Doctor of Medicine from the University of Kansas and completed his residency in obstetrics and gynecology at Bayfront Medical Center.
Before entering politics, Roger Marshall spent over 25 years as an obstetrician-gynecologist in Great Bend, Kansas. He also served seven years in the U.S. Army Reserve and became captain. Additionally, he was chairman of the board of Great Bend Regional Hospital, vice president of the Farmers Bank and Trust, and a district governor of Rotary International.
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In 2016, Marshall was elected to the U.S. House of Representatives. In 2020, he was elected as the Senator from Kansas.
With contributions from medical practice, various investments, and a politician’s salary, Roger Marshall’s net worth has grown to a significant sum.
What is Roger Marshall’s net worth?
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 Roger Marshall make his money?
Before starting a political career, Marshall spent over 25 years in healthcare as an obstetrician and gynecologist. His various sources of income include:
- Medical career: Marshall spent over two and a half decades as a practicing physician in Great Bend, Kansas. Although there are no public records of his income from his primary line of work, it likely greatly contributed to his current net worth;
- Politics: Marshall became a senator in 2021, and the position comes with an annual salary of $174,000. However, as he has been a senator for a couple of years only, this salary’s contribution to his total wealth is inconsequential;
- Investing and real estate: Besides medicine and politics, a substantial portion of Marshall’s fortunes lies in savings accounts, mutual funds, and real estate in rural parts of his home state, Kansas.
Roger Marshall’s assets
Marshall’s 2022 financial disclosure shows that the Kansas senator has a diverse portfolio of assets and real estate. The most valuable of these include:
- Farmers Enterprises, Inc., 1% Interest – non-public stock held by Roger Marshall’s spouse valued between $1 million and $5 million;
- American Funds Washington Mutual Investors Fund Class A (AWSHX) – a mutual fund position valued between $250,001 and $500,000;
- IDX Perf Strat Using S&P 500 Index – a mutual fund position valued between $250,001 and $500,000;
- Ionics Life Sciences, subscription agreement – a non-public stock position valued between $250,001 and $500,000;
- Farmers Bank & Trust bank deposit – a checking account valued between $100,001 to $250,000.
Insider trading involvement
In at least one instance, the Senator from Kansas was found to have breached the Stop Trading on Congressional Knowledge (STOCK) Act. In 2021, as reported by Business Insider, Roger Marshall was almost a year and a half late disclosing specific stock trades, namely his child’s trades of Microsoft (NASDAQ: MSFT), Disney (NYSE: DIS), and Chevron (NYSE: CVS) worth $15,000 each.
Who is Roger Marshall?
Roger Marshall was born in El Dorado, Kansas, on August 9, 1960. He has a degree in biochemistry from Kansas State University and a medical degree from the University of Kansas. Before becoming a politician, he worked as an obstetrician and gynecologist in Great Bend, Kansas. He claims his background in rural healthcare has shaped his interests and political views, especially regarding healthcare reform and agriculture.
Recommended video: ‘Is This In Fact A Bioweapon?’: Roger Marshall Grills Doctor About COVID-19 Origins
Marshall has been a senator since 2021. He is known for his conservative position regarding immigration, fiscal policy, and the right to bear arms. Furthermore, he has provided vocal support for reducing government regulations, supporting veterans, and promoting energy independence. Most of his efforts are aimed towards benefitting rural communities.
How much is Roger Marshall’s net worth – the bottom line
The Senator from Kansas is among the well-off U.S. representatives, owing to his decades-long career as a physician and some wise investments. As such, Roger Marshall’s net worth is valued between $2.265 million and $9.1 million.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
