Here is how a lot Tim Walz is price. It is lower than you would possibly suppose.

Tim Walz, Kamala Harris’ vice presidential operating mate, earns six determine wage as governor of Minnesota, however his internet price is on par with that of the standard American household, in response to a federal disclosure type filed in August.

Walz’s internet price is estimated at between $117,000 and $330,000, with most of his property tied up in a retirement account, in response to the doc. That places his internet price on par with the median U.S. household net worth of $193,000. 

Walz is far much less nicely off than Republican vice presidential candidate JD Vance, a multimillionaire whose net worth stands between $4.8 million and $11.3 million. And Walz is miles behind Nelson Rockefeller, who within the Seventies was Veep beneath President Gerald Ford and who’s considered maybe the richest vice chairman in U.S. historical past by advantage of his household fortune. 

Forty-first Vice President of the USA; confirmed by the Congress and took the oath of workplace on December 19, 1974, and served till January 20, 1977,

Walz, 60, earns a wage of about $210,000 per 12 months as Minnesota’s governor, the shape exhibits. That is nicely above the median U.S. family revenue of about $80,610. 

However for many of his profession, Walz labored as a public faculty instructor and soccer coach, the kind of middle-income job that does not lend itself to constructing a big nest egg. Now in his second time period as governor of Minnesota, Walz additionally spent 12 years as a U.S. congressman, a task that at the moment pays $174,000 per 12 months.

Whereas his monetary disclosure did not define the worth of his federal pension profit, it might be price as a lot as $800,000, in response to an analysis by the Wall Avenue Journal. 

Walz additionally has a pension by the Academics’ Retirement Affiliation of Minnesota, however the disclosure type stated the worth was “not readily ascertainable.” He’s eligible for a pension cost of about $1,111 per thirty days by that plan.

Walz does not listing a house amongst his property. In 2023, he and his spouse, Gwen, moved into the College of Minnesota’s Eastcliff Mansion amid renovation work on the Minnesota governor’s mansion, according to the Minnesota Each day.

Tim Walz’s property

Here is what Tim Walz listed on his federal disclosure type:

• Minnesota State Retirement plan: $100,001-$250,000
• Well being financial savings plan: $2,002-$30,000
• Wells Fargo: $15,001-$50,000