As he steps into his Senatorial role, Ruben Gallego’s net worth is drawing increased public attention, a natural consequence of assuming higher office. But how wealthy is Arizona’s new Democratic senator really?
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Who is Ruben Gallego?
Ruben Gallego is an American politician and U.S. Marine Corps veteran. Gallego represented Arizona’s 7th congressional district from 2015 to 2023 and Arizona’s 3rd congressional district from 2023 to 2025. In 2024, he was elected Senator, having defeated Independent Senator Kyrsten Sinema and Republican candidate Kari Lake.
Ruben Gallego’s net worth
As the numbers suggest, Gallego is not among the wealthiest members of Congress — on the contrary, he stands out as one of the least wealthy Senators currently in office due to high liabilities. Unlike many of his colleagues, Gallego also does not own significant real estate or operate large businesses.
Disclaimer: Estimating a U.S. Senator’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.
Ruben Gallego’s assets
According to his 2023 House report, Gallego’s assets include:
- Aspiration checking account ($1–1,000);
- United Services Auto Association checking account ($1–1,000);
- Chase Bank checking account ($1–1,000);
- Aspiration Fund Adviser LLC (investment advisory services), valued between $15,001 and $50,000;
- IRA club (pronunciation guide services), valued between $15,001 and $50,000;
- Investments in T. Rowe Price Retirement 2055 Fund (TRRNX) valued between $1,001 and $15,000;
- Investments in JPMorgan SmartRetirement 2055 Fund (JFFCX) valued between $1,001 and $15,000;
- A National Association of Realtors pension plan of undetermined value.
As for liabilities, Gallego has reported credit card debt ($15,001–50,000) and mortgage obligations ($1,000,002–2,000,000).
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Controversies
While Gallego has not been involved in any major scandals, his approach to political discourse has forced some backlash in the last couple of years.
In August 2024, for example, Gallego received the support of an Arizona police union, prompting the more progressive-leaning voters to raise their voices in disagreement.
In May 2025, Gallego openly criticized his fellow Democrats, saying “we did this to ourselves” in reference to last year’s elections:
“What happened the last election is that we got so pure, and we kept so pure that we started kicking people out of the tent. It ends up there aren’t enough people in the tent to win elections. I’m sure you guys heard like, ‘Oh, well, the Democrats need to have their own Joe Rogan.’ We had Joe Rogan. We canceled Joe Rogan years ago. Democrats don’t want to admit this… We did this to ourselves.”
As expected, Gallego’s words resulted in a fallout with some of his voters, many of whom were not expecting Gallego would work on creating bridges with the MAGA movement.
Personal life
Ruben Gallego was born on November 20, 1979, in Chicago, Illinois. He is of Colombian and Mexican descent and was raised in a single-parent household, as his father had abandoned the family to become a drug dealer. Growing up, Gallego slept on the floor, worked multiple jobs to support himself, and even earned a Harvard scholarship.
Gallego likewise enlisted in the Marine Corps, serving during the Iraq War. He battled PTSD and helped fellow veterans in crisis, which motivated him to enter politics. Ruben lives in South Phoenix with his wife and two children.
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Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.