As the Governor of Iowa, Kim Reynolds has made significant strides in both her political career and financial standing. But just how much is her net worth, and how does her income compare to others in similar roles?
Hi, I’m Andomoney, and today we’ll dive into Kim Reynolds net worth to explore the various sources that contribute to her wealth.
From her salary as governor to financial achievements throughout her career, let’s uncover the numbers behind her success and the financial decisions that have shaped her journey.
Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Kimberly Kay Strawn |
| Popular Name | Kim Reynolds |
| Gender | Female |
| Birth Date | August 4, 1959 |
| Age | 65 |
| Parents | Charles Strawn, Audrey Strawn |
| Siblings | N/A |
| Birthplace | St. Charles, Iowa, U.S. |
| Nationality | American |
| Ethnicity | N/A |
| Education | Bachelor of Liberal Studies, Iowa State University, Northwest Missouri State University |
| Marital Status | Married |
| Spouse | Kevin Reynolds (m. 1982) |
| Children | 3 daughters |
| Dating | N/A |
| Net Worth | $1M–$5M (estimated) |
| Source of Wealth | Salary as Governor, Campaign Contributions |
| Height | N/A |
What is the Net Worth Of Kim Reynolds in 2024?
As of 2024, Kim Reynolds net worth is estimated between $1 million and $5 million. This places her among well-known figures in politics with significant earnings from both her salary as governor and campaign contributions.
Her financial status, while respectable, is relatively modest compared to other high-profile politicians. Below are notable individuals related to her net worth through politics, partnerships, or competition:
- Terry Branstad
- Donald Trump
- Ron DeSantis
- Tom Miller
- Joni Ernst
- Pete Ricketts
- Bill Lee
- Doug Ducey
- Adam Gregg
If you’re curious about how she compares to other politicians with substantial wealth, check out the richest in politics for more insights on those dominating the financial scene.
Kim Reynolds Salary and Finance Overview
How She Built Her Wealth Over the Years
Kim Reynolds’ financial journey began in her local roles before becoming Governor of Iowa. She started as a Clarke County Treasurer, where she built valuable administrative experience.
Later, her tenure in the Iowa Senate and as Lieutenant Governor helped establish her credibility, which directly contributed to her political rise and eventual appointment as Iowa’s first female governor in 2017.
These positions, alongside the financial backing from campaign contributions, formed the bedrock of her wealth.
Salary and Compensation as Governor
As Governor of Iowa, Reynolds earns a salary of around $130,000 annually, a figure that places her on par with many U.S. state governors.
This income, combined with benefits provided by the state, forms the primary source of her earnings. Her salary, while solid, reflects the typical compensation level for governors in mid-sized U.S. states.
In addition to her salary, Reynolds also enjoys certain allowances and benefits that contribute to her overall financial position. This includes access to state-owned properties like Terrace Hill, the official residence for the Governor of Iowa, which helps reduce personal living expenses.
Contributions from Political Campaigns
One of the key factors in Reynolds’ financial portfolio is the significant amount of campaign contributions she’s raised over the years. In her latest election, she garnered a remarkable $11.9 million in contributions. These funds, however, are strictly for campaign use and are not considered personal wealth.
Financial Support from Influential Sectors
Throughout her career, Reynolds has received robust financial support from several sectors, particularly real estate and farming industries. These contributions have not only helped her campaigns but also elevated her profile within the business community.
She maintains a strong relationship with Iowa’s pork industry, receiving significant backing that bolstered her gubernatorial efforts.
Major Financial Achievements During Her Tenure
As Governor, Reynolds has played a pivotal role in improving Iowa’s financial standing. Under her leadership, Iowa achieved a $1.83 billion surplus in 2023, along with an additional $902 million emergency reserve.
Her approach to fiscal management, which includes cutting taxes and fostering business growth, has been a hallmark of her tenure. These decisions have strengthened both her state’s economy and, indirectly, her financial standing.
Real Estate and Personal Assets
Though not widely publicized, Kim Reynolds’ personal assets and real estate holdings also play a role in her financial portfolio. While specific properties aren’t frequently mentioned, it’s clear that her real estate investments contribute to her estimated net worth.
Additionally, living in the state-owned Terrace Hill likely helps her keep personal expenses lower.
The Role of Her Spouse and Family in Managing Wealth
Her husband, Kevin Reynolds, plays an essential role in the family’s financial management. Though he has been battling lung cancer since 2023, the couple’s long-standing partnership remains integral to their approach to finances.
Their three daughters also contribute to the family’s private life, which balances their public roles.
FAQs About Kim Reynolds
What is Kim Reynolds’ role as Governor of Iowa?
She is the first female governor of Iowa, serving since 2017.
What is her educational background?
She holds a Bachelor of Liberal Studies from Iowa State University.
How many children does Kim Reynolds have?
She has three daughters.
What are her notable financial achievements?
She helped secure a $1.83 billion state surplus and a $902 million emergency reserve.
Who is Kim Reynolds married to?
She is married to Kevin Reynolds, with whom she has been married since 1982.
What controversy affected her finances?
She faced criticism for alleged mismanagement of COVID-19 relief funds.
How much salary does she earn as Governor?
She earns approximately $130,000 per year.
What political positions has Kim Reynolds held?
She was the Lieutenant Governor of Iowa from 2011 to 2017 and has been Governor since 2017.
Conclusion
That’s the latest on Kim Reynolds net worth and her financial journey as Governor of Iowa. Feel free to share your thoughts in the comments, and be sure to explore more content on our website, andomoney.com, for deeper dives into the finances of prominent figures.
