Governor of Minnesota. Tim Waltzthe Democratic comrade of the vice president Kamala HarrisAs of last reported, he owns no stocks, bonds, or real estate financial disclosure.
Walz’s salary as governor of Minnesota is $127,629. He was eligible for a raise to $149,550 last year, but chose not to take it, according to the state.
If Walz is elected vice president in November, he will annual salary is $284,600Based on 2024 rates.
After Walz was elected governor in 2019, he and his wife sold their home in Mankato, Minnesota, and moved into the governor’s mansion. They listed the four-bedroom home for $315,000 after buying it in 1997 for $145,000.
It is in stark contrast to Walz’s modest financial profile Republican president candidate Donald TrumpSen. who is several times a billionaire and Trump’s running mate. JD Vance Ohio State.
Forbes estimates Vance’s net worth at between $3 million and $10 million, based on publicly reported investments and cash holdings.
Harris, the Democratic presidential candidate, listed $800,000 to $1.75 million in personally-owned securities investments and $550,000 to $1.1 million in personal cash. Federal disclosure reports typically require filers to disclose amounts within ranges rather than specific amounts.
Her husband, Doug Emhoff, has at least $1 million in investments and at least $250,000 in cash. Harris and Emhoff own a house in Brentwood, California worth about $5 million.
Walz’s financial disclosure as governor does not show the value of any cash held in bank accounts.
A spokeswoman for the Harris-Walz campaign did not immediately comment on Walz’s financial disclosures. But he noted that Walz is expected to file a new disclosure report as a federal candidate within the next 30 days. Waltz’s governor’s office did not respond to CNBC’s request for comment.
Walz’s lack of shares since earlier this year is consistent with much of the former high school teacher’s tenure in the U.S. House of Representatives. He left the House in January 2019 after being sworn in as governor of Minnesota.
Waltz’s congressional financial disclosures show that in early 2009, he sold $1,001 to $15,000 worth of investments in two Roth individual retirement accounts. He and his wife, Gwen, also made sales in the same value range in the two Roth IRAs he owns.
Those IRAs don’t appear in later House statements that Walz says are liquidated.
He listed one tax-deferred account, a 529 education plan with $1,000 to $15,000 for one or both of the couple’s children.
Walz’s House statement also listed two retirement plans in Education Minnesota for him and his wife, a school system administrator and teacher, as assets. He also listed two whole life insurance policies for $15,000 to $50,000 each.
The disclosures show that Walz made regular payments toward the value of all life insurance policies until at least 2013, but those payments later stopped.
Walz House said in disclosure filings that a rental room in their home is worth $250,000 to $500,000 and that the couple earns between $2,500 and $5,000 in rental income.