Suzan DelBene’s net worth: How rich is the US Representative for Washington?

Suzan DelBene’s net worth makes her one of the wealthiest US politicians. Read on to learn about her astonishing personal wealth, assets, investments, controversies, and personal details.

Who is Suzan DelBene?

Suzan DelBene is an American politician and businesswoman serving as the US Representative for Washington’s 1st congressional district since 2012. She is a member of the Democratic Party and has held various leadership roles, including Chair of the Democratic Congressional Campaign Committee since January 2023.

Before her political career, DelBene had a successful business career, notably working at Microsoft (NASDAQ: MSFT) in various roles, including director of marketing and business development. She also co-founded drugstore.com and served as CEO of Nimble Technology.

DelBene has been actively involved in tech policy and has worked on issues related to the economy, healthcare, and veterans’ services. She is known for promoting a better understanding of virtual reality technology in Washington.

Suzan DelBene’s net worth

In July 2024, Gluesea reported that Suzan DelBene’s net worth was $79.1 million. Nevertheless, based on her 2023 financial disclosure report, we estimated her net worth to be between $51,562,087 and $196,530,000. This is the range of her reported assets; however, since she has no liabilities, it accounts for her net worth.

Disclaimer: Estimating a Congress Representative’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. Additionally, Suzan DelBene earns $174,000 annually, but this isn’t required to be disclosed.

How did Suzan DelBene make her money?

Here’s a brief rundown of DelBene’s income sources over the years:

• Microsoft: DelBene worked at Microsoft in various roles, including as a director of marketing and business development;

• Entrepreneurship: Suzan DelBene co-founded drugstore.com, an online pharmacy, which was later acquired by Walgreens (NASDAQ: WBA);

• Nimble Technology: DelBene also served as the CEO of a software company, Nimble Technology;

• Investments: Over the years, Suzan DelBene made different investments in stocks, real estate, and various funds;

• Political career: As a US Representative, DelBene makes $174,000 annually.

Suzan DelBene’s assets

According to DelBene’s 2023 financial disclosure report, her assets range from $51,562,087 to a stunning $196,530,000, with no reported liabilities. Out of all her assets, the most valuable ones include the following:

• Residential real estate, valued between $5,000,001 and $25 million;
• Columbia Pacific income fund, valued between $5,000,001 and $25 million;
• Residential real estate investment in Seattle, WA, valued between $1,000,001 and $5 million;
• Cliffwater Corporate Lending fund Class I, valued between $1,000,001 and $5 million;
• Fid GR Co Pool CL S, valued between $1,000,001 and $5 million.

Personal life and controversies

Suzan DelBene is married to Kurt DelBene who has had a notable career himself, including serving as the Assistant Secretary for Information and Technology and CIO at the Department of Veterans Affairs since November 2021. He was also a long-time executive at Microsoft, where he held various leadership roles.

As a vocal advocate for federal privacy legislation, Suzan DelBene’s efforts to pass the Information Transparency and Personal Data Control Act have sparked debate. Supporters view it as essential for modernizing privacy laws, while critics argue it falls short of adequately protecting consumer data.

DelBene has also been involved in contentious political advertising during her campaigns, with SuperPACs supporting her by running negative ads against opponents. Additionally, as Chair of the Democratic Congressional Campaign Committee (DCCC), her criticisms of the Republican Party’s dysfunction and extremism have drawn partisan pushback.

The bottom line

Suzan DelBene’s net worth, which ranges from $51,562,087 to $196,530,000, makes her one of the wealthiest US politicians. Most of her money comes from her long business career, working for Microsoft, among others. However, her recent trades involving MSFT stock have raised concerns about her public image, particularly given the district she represents.

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