The Minnesota Governor Tim Walz, who is also the Democratic running mate of Vice President Kamala Harris in his most recent financial disclosure showed that he owns no stocks, bonds or real estate.
As per the state his salary as governor of Minnesota is $127,629. He was eligible for a raise last year to $149,550, but he chose not to accept it. If Walz is elected vice president in November, he would make an annual salary of $284,600, based on 2024 rates.
When Walz was elected as a governor in the year 2019 he and his wife sold their Mankato, Minnesota, home and moved into the governor’s mansion. They listed the four-bedroom house for $315,000, after buying it in 1997 for $145,000.
His modest financial profile stands in contrast to The Republican presidential nominee Donald Trump, who is a billionaire several times over, and to Trump’s running mate, Sen. JD Vance of Ohio.
As per Forbes estimates Vance’s net worth, based on publicly reported investments and cash, to be between $3 million and $10 million.
Harris, the Democratic presidential nominee, listed securities investments personally owned worth between $800,000 and $1.75 million, and personal cash holdings of between $550,000 and $1.1 million. Federal disclosure reports typically require filers to disclose amounts within ranges, rather than specific sums.
Her husband, Doug Emhoff, has investments worth at least $1 million and at least $250,000 in cash. Harris and Emhoff own a home in Brentwood, California, worth an estimated $5 million.
