As the search for a Speaker of the House of Representatives continues, U.S. Representative Jim Jordan has put in a bid for the role. Despite failing to win in a second vote on Oct. 18, Jordan has made an impact on the political scene. But what is his net worth? Let’s take a closer look.
Jim Jordan’s Reported Net Worth
According to various sources, Jim Jordan, a Republican representative from the 4th congressional district in Ohio, is reported to have a net worth ranging from $200,000 to $30 million. Net Worth Club estimates his wealth at around $30 million, while StocksJack.com pegs it at $21 million. However, OpenSecrets.org states that his net worth as of 2018 was just $289,003. Celebrity Net Worth puts the estimate at about $200,000. It’s clear that there is differing information when it comes to Jordan’s financial standing.
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Jim Jordan: His Net Worth Today
Being a federal congressperson typically earns a salary of $174,000 per year. According to alleged leaked tax documents reported by Net Worth Club, Jordan has assets in three bank accounts tied to his Social Security number. One of these accounts, from Huntington Bank, reportedly holds a balance of roughly $700,000, while another at Chase Bank has a balance of $2.5 million.
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In addition to his bank accounts, Jordan is involved in various business ventures and consulting jobs that contribute to his income. Net Worth Club suggests that he earns close to $1 million per year from these sources. Additionally, he reportedly owns more than 10 rental properties that generate $710,000 in rental income annually. The total value of these properties is estimated to be over $8 million.
Furthermore, Jordan invests in government bonds and stocks such as Boeing, Intel, Tesla, Walt Disney, and JPMorgan. However, it is important to note that these assets may not always be directly tied to Jordan’s name, according to Net Worth Club. StocksJack.com estimates his assumed investment portfolio to be worth roughly $8 million, although Net Worth Club suggests these investments are worth just $5 million.
Background and Resume
Jim Jordan has served as a U.S. representative in Ohio since 2007. Prior to his political career, he worked as an assistant wrestling coach at Ohio State University. This career choice was a natural fit, considering his outstanding achievements as a wrestler in high school and college.
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As a four-time state wrestling champion at Graham High School in Champaign County, Ohio, Jordan had an impressive record of 150-1. He went on to win two NCAA wrestling championships at the University of Wisconsin, where he earned his bachelor’s degree in economics. He also holds a master’s degree in education from Ohio State University and a law degree from Capital University in Ohio.
His Family Life
Although Jim Jordan has kept his family life mostly private, it is known that he has been married to his wife, Polly, since 1986 and the couple has four children together.
Overall, Jim Jordan’s net worth is a subject of debate, with estimates ranging from hundreds of thousands to millions of dollars. But regardless of the exact figures, it is clear that Jordan has built a significant financial portfolio alongside his political career.
Comments: Jim Jordan’s journey from a champion wrestler to a prominent U.S. representative demonstrates his determination and leadership skills. His investments in rental properties and stocks reflect his financial acumen and diversification strategy. It would be interesting to delve deeper into his various business ventures and consulting jobs to understand the extent of his entrepreneurial endeavors. Additionally, it would be beneficial to explore how his net worth has evolved over the years, considering the contrasting figures from different sources.
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