As one of the most prominent figures in U.S. politics, John Barrasso has built a reputation in both the medical and political fields.
But what really stands out is how his professional journey has contributed to his substantial net worth.
From his early days as a surgeon to his current role as a U.S. Senator, his wealth continues to grow.
I’m Andomoney, and today, I’ll dive deep into John Barrasso net worth, focusing on the key factors that have shaped his financial success.
Quick Facts
FACT | DETAIL |
---|---|
Real Name | John Anthony Barrasso III |
Popular Name | John Barrasso |
Gender | Male |
Birth Date | July 21, 1952 |
Age | 72 |
Parents | John Anthony Barrasso Jr., Louise M. DeCisco |
Siblings | N/A |
Birthplace | Reading, Pennsylvania, U.S. |
Nationality | American |
Ethnicity | Italian-American |
Education | Georgetown University School-Medicine (1978), Georgetown University (1974), Rensselaer Polytechnic Institute |
Marital Status | Widowed |
Spouse | Linda Nix (divorced), Bobbi Brown (deceased) |
Children | 3 |
Dating | N/A |
Net Worth | $3.48M – $16.88M |
Source of Wealth | Medical Career, Political Salary, Investments |
Height | N/A |
What is the Net Worth Of John Barrasso in 2024?
As of 2024, John Barrasso’s net worth is estimated between $3.48 million and $16.88 million, largely fueled by his successful medical career and significant investments.
His diverse financial portfolio, including mutual funds and individual stocks, has helped him maintain a stable and growing wealth over the years.
Compared to others in similar positions, Barrasso’s net worth places him in a respectable range. Here are some other notable figures whose finances align closely with his:
- Mitch McConnell
- Mike Enzi
- Cynthia Lummis
- Joe Manchin
- Lindsey Graham
- Roy Blunt
- Joni Ernst
- Tom Carper
- Shelley Moore Capito
- Pat Roberts
For more comparisons of financial figures in politics, check out our detailed insights into the top earning politicians here.
John Barrasso Salary and Finance Overview
How Did He Build His Financial Success?
John Barrasso has created his wealth through two primary channels: his long-standing medical career and his role in politics.
From 1983 to 2007, Barrasso practiced as an orthopedic surgeon, a position that offered both prestige and substantial earnings.
His leadership roles at Wyoming Medical Center as chief of staff and president of the Wyoming Medical Society further elevated his professional standing, leading to significant financial gains.
His Medical Career and Earnings from Orthopedic Surgery
Barrasso’s medical career was pivotal in building his wealth. He served as a board-certified orthopedic surgeon for 24 years, a role typically associated with high earnings.
Additionally, his time as the Wyoming Medical Center’s chief of staff not only boosted his professional reputation but also likely contributed to his overall financial success.
His Political Career and Senatorial Salary
After transitioning from the medical field, John Barrasso entered politics and has served as a U.S. Senator since 2007. In this role, he earns an annual salary of $174,000. This steady income stream has provided a stable base for his finances.
His long tenure in the Senate, including his leadership positions like Chair of the Senate Republican Conference, has ensured both influence and financial security.
Over the years, these roles have allowed Barrasso to accumulate wealth while serving the public.
Key Investments That Contribute to His Financial Portfolio
His investments play a major role in growing his wealth. His Vanguard Wellington Admiral, Vanguard Total Stock Market Index, and Vanguard Total Bond Market Index holdings are valued between $1 million and $5 million each.
In addition, he holds Berkshire Hathaway stock, worth between $500,000 and $1 million. These investments, combined with his diversified portfolio, provide a substantial contribution to his net worth.
Financial Disclosures and Transparency
In 2023, Barrasso’s financial disclosure forms revealed the breadth of his assets, ranging from $3.48 million to $16.88 million. His investments are not only diversified across mutual funds but also include significant individual stock holdings, such as Berkshire Hathaway.
Barrasso’s transparency in disclosing these assets ensures public trust and offers insight into the financial practices that have helped him maintain and grow his wealth over the years.
Contributions to Wyoming and Public Service Impacting His Income
John Barrasso’s long-standing service to Wyoming, both as a physician and politician, has had a significant impact on his financial and professional life.
His dedication to public service is reflected in his various roles, from the Wyoming Senate to the U.S. Senate.
While public service isn’t typically associated with high financial rewards, his leadership and influence in Wyoming have certainly played a role in expanding his financial portfolio.
FAQs About John Barrasso
What is his educational background?
He completed his undergraduate and medical degrees at Georgetown University and later conducted his medical residency at Yale Medical School.
What is John Barrasso’s current role in the U.S. Senate?
He serves as the Senior U.S. Senator from Wyoming and holds the position of Chair of the Senate Republican Conference.
What were his notable contributions to the medical field?
Barrasso was a practicing orthopedic surgeon for over two decades, serving as the chief of staff at Wyoming Medical Center and president of the Wyoming Medical Society.
How long has he been involved in politics?
He has been active in politics since 2002, first serving in the Wyoming Senate and later being appointed to the U.S. Senate in 2007.
What are his key investments?
Barrasso has made substantial investments in Vanguard Wellington Admiral, Vanguard Total Stock Market Index, and Berkshire Hathaway.
How many children does John Barrasso have?
He has three children from his first marriage to Linda Nix.
What awards has he received?
Though specific awards are not publicly highlighted, his leadership roles in both medicine and politics have earned him significant recognition.
Conclusion
John Barrasso’s journey from an orthopedic surgeon to a U.S. Senator has been remarkable, and his wealth reflects his dedication to both fields. For more insights into the finances of public figures, explore more content at andomoney.com. Leave your thoughts or share this article with friends!