Lindsey Graham Net Worth Forbes 2023
|Net Worth 2023||Between $1 million and $2 million|
|Primary Source of Income||Congressional salary and investments|
|Congressional Salary||Starting at $174,000 per year|
|Mortgage Debt on D.C. Residence||Up to $250,000|
|Mortgage Debt on Seneca Residence||Up to $15,000|
|Primary Residence Designation||Seneca, South Carolina|
How did Lindsey Graham make his money?
Lindsey Graham made his money through a combination of his salary as a member of Congress and by investing in different ways. He’s been a senator since 2002, and the salary for that job is around $174,000 per year. He also invested in things like mutual funds, corporate bond funds, and an investment called the iShares Russell 2000 ETF.
In addition to Lindsey Graham alary and investments, he has several bank accounts with a good amount of money in them. He’s got as much as $81,001 in these accounts, plus another account with as much as $100,000 in it.
Graham also owns properties in Washington, D.C., and Seneca, South Carolina. While we don’t know the exact value of these properties, we do know he has mortgages on them.
He owes up to $250,000 on the Washington, D.C. residence and up to $15,000 on the Seneca home, which he considers his main home. He also owns some undeveloped land in Seneca worth up to $15,000.
So, in simple terms, the asnwer to “How did Lindsey Graham make his money?” is Lindsey Graham made his money through his salary as a senator, investments, and his ownership of different properties. His financial situation reflects his career in public service rather than a focus on making lots of money.
Lindsey Graham Net Worth 2023
Lindsey Graham net worth is estimated between $1 million and $2 million. This largely stems from his congressional salary, which starts at $174,000 per year. He also maintains an investment portfolio, as per the U.S. Senate website.
His assets are diversified, including mutual funds, corporate bond funds, and an investment in the iShares Russell 2000 ETF.
Furthermore, Graham holds four bank accounts, with checking and savings accounts in the United States Senate Federal Credit Union and First Citizens, collectively amounting to as much as $81,001. Additionally, he maintains a TD Ameritrade money market account, potentially holding as much as $100,000.
While he is not required to disclose the value of these properties, it is clear that he holds mortgages on both. He owes as much as $250,000 on his D.C. residence and up to $15,000 on his Seneca home, which he designates as his primary residence. Additionally, Graham owns undeveloped property in Seneca valued at up to $15,000.
Lindsey Graham’s financial journey showcases a relatively conservative net worth compared to some of his fellow politicians, reflecting the bulk of his wealth in his congressional salary and investment portfolio.