Here's how much Tim Walz is worth. It's less than you might think.

Sedang Trending 6 hari yang lalu

Who is Minnesota Gov. Tim Walz?

What to cognize astir Kamala Harris' moving mate, Minnesota Gov. Tim Walz 02:37

Tim Walz, Kamala Harris' vice statesmanlike moving mate, earns six fig net arsenic politician of Minnesota, but his nett worthy is connected par pinch that of nan emblematic American family, according to a national disclosure shape revenge successful August.

Walz's nett worthy is estimated astatine betwixt $117,000 and $330,000, pinch astir of his assets tied up successful a status account, according to nan document. That puts his nett worthy connected par pinch the median U.S. family nett worth of $193,000. 

Walz is overmuch little good disconnected than Republican vice statesmanlike campaigner JD Vance, a multimillionaire whose net worth stands betwixt $4.8 cardinal and $11.3 million. And Walz is miles down Nelson Rockefeller, who successful nan 1970s was Veep nether President Gerald Ford and who is regarded arsenic possibly nan richest vice president successful U.S. history by kindness of his family fortune. 

Forty-first Vice President of nan United States; confirmed by nan Congress and took nan oath of agency connected December 19, 1974, and served until January 20, 1977,

Walz, 60, earns a net of astir $210,000 per twelvemonth arsenic Minnesota's governor, nan shape shows. That's good supra nan median U.S. family income of astir $80,610. 

But for astir of his career, Walz worked arsenic a nationalist schoolhouse coach and shot coach, nan type of middle-income occupation that doesn't lend itself to building a ample nest egg. Now successful his 2nd word arsenic politician of Minnesota, Walz besides spent 12 years arsenic a U.S. congressman, a domiciled that presently pays $174,000 per year.

While his financial disclosure didn't outline nan worth of his national pension benefit, it could beryllium worthy arsenic overmuch arsenic $800,000, according to an analysis by nan Wall Street Journal. 

Walz besides has a pension done nan Teachers' Retirement Association of Minnesota, but nan disclosure shape said nan worth was "not readily ascertainable." He is eligible for a pension costs of astir $1,111 per period done that plan.

Walz doesn't database a location among his assets. In 2023, he and his wife, Gwen, moved into nan University of Minnesota's Eastcliff Mansion amid renewal activity connected nan Minnesota governor's mansion, according to nan Minnesota Daily.

Tim Walz's assets

Here's what Tim Walz listed connected his national disclosure form:

  • Minnesota State Retirement plan: $100,001-$250,000
  • Health savings plan: $2,002-$30,000
  • Wells Fargo: $15,001-$50,000
    In:
  • Tim Walz
  • Kamala Harris

Aimee Picchi

Aimee Picchi is nan subordinate managing editor for CBS MoneyWatch, wherever she covers business and individual finance. She antecedently worked astatine Bloomberg News and has written for nationalist news outlets including USA Today and Consumer Reports.

Sumber CBS Daily
CBS Daily