When it comes to politicians who have built a career in both business and public service, Pat Fallon net worth is a topic of curiosity. Fallon, a U.S. Representative from Texas, has an extensive background in politics, business, and the military.
His financial standing primarily comes from his congressional salary, his business, and his stock investments. However, his financial transparency has been questioned due to a history of late stock trade disclosures.
In this article, Ando breaks down Fallon’s wealth, salary, and financial background, exploring how his earnings compare to other politicians.
Pat Fallon Quick Facts
| FACT | DETAIL |
|---|---|
| Real Name | Patrick Edward Fallon |
| Popular Name | Pat Fallon |
| Birth Date | December 19, 1967 |
| Age | 57 (As of 02/20/2025) |
| Birthplace | Pittsfield, Massachusetts, USA |
| Nationality | American |
| Ethnicity | N/A |
| Education | University of Notre Dame |
| Marital Status | Married |
| Spouse | Susan Kimberly Garner |
| Children | Two sons |
| Dating | N/A |
| Siblings | N/A |
| Parents | Both were public school teachers |
| Height | N/A |
| Net Worth | N/A |
| Source of Wealth | Congressional salary, Business (Virtus Apparel), Investments |
What is the Net Worth of Pat Fallon in 2025?
There is no publicly disclosed figure for Pat Fallon net worth. However, as a U.S. Congressman, his annual salary is estimated at $174,000. Additionally, he earns income from Virtus Apparel, a business specializing in patriotic and military-themed clothing.
His financial portfolio also includes stock investments, but his delayed reporting has raised ethical concerns.
In comparison, other politicians in Texas, such as Ted Cruz and Dan Patrick, have disclosed their finances more transparently. Fallon’s overall wealth remains unknown, making it difficult to place him among the wealthiest public figures.
Related People and Entities
- Ted Cruz
- Dan Patrick
- John Ratcliffe
- Craig Estes
- Lou Holtz
- University of Notre Dame
- Virtus Apparel
- Republican Party
- U.S. House of Representatives
- Business Insider
For more insights into the wealth of prominent figures, check out this list of top-earning public figures.
Pat Fallon Wealth, Salary, and Financial Overview
How Much Does He Earn as a Congressman?
Being a U.S. Representative, Fallon receives an annual salary of $174,000, similar to other members of Congress. In addition to his base salary, he has access to various benefits, including:
- Government-funded travel for congressional duties
- Pension plans after serving for a certain number of years
- Healthcare coverage under the Federal Employees Health Benefits Program
Unlike private-sector executives, congressmen have strict regulations on outside earnings, but they can still make investments and run businesses.
What Are His Main Sources of Income?
Apart from his congressional salary, Pat Fallon’s wealth primarily stems from Virtus Apparel, a company specializing in military and patriotic-themed clothing. The company has multiple locations across the U.S. and employs around 100 people.
His investment portfolio is another source of income. However, he has faced scrutiny for late stock trade disclosures, leading to an ethics investigation. Some key sources of income include:
- Salary as a U.S. Congressman
- Revenue from Virtus Apparel
- Stock market investments
- Political funding & campaign finances
Does He Have Any Financial Controversies?
Yes. Pat Fallon was investigated for violating the STOCK Act, a law designed to prevent insider trading among government officials. According to reports, he failed to disclose more than $17.53 million in stock trades on time.
The Office of Congressional Ethics found “substantial reason to believe” he violated the law. However, Fallon defended himself by claiming he misunderstood the reporting deadlines.
This controversy has raised concerns about the transparency of his finances, especially as other politicians have disclosed their assets more clearly.
How Does His Business Impact His Finances?
Fallon is the founder and CEO of Virtus Apparel, a company that focuses on patriotic and military-themed clothing. The company has grown significantly, operating in multiple locations across the U.S. and employing around 100 people.
His business provides an alternative revenue stream outside his congressional salary. However, his dual role as a politician and a businessman has led to questions about conflicts of interest.
Has He Disclosed His Financial Information?
While Pat Fallon has disclosed some financial details, his exact net worth remains unknown. The biggest issue has been his delayed reporting of stock transactions, which has led to an official investigation.
The House Committee on Ethics continues to monitor cases of late stock disclosures, and Fallon’s situation remains a point of concern.
What Are His Financial Priorities and Policies?
As a politician, Fallon has taken strong stances on economic policies, including:
- Opposing tax increases on small businesses
- Supporting deregulation to boost economic growth
- Voting for franchise tax exemptions for certain businesses
- Opposing the expansion of government-funded social programs
His voting record suggests he favors limited government intervention in economic matters. However, his personal financial disclosures have not been as transparent as his policy positions.
Conclusion
Pat Fallon’s financial situation is a mix of business success and political earnings, but his lack of financial transparency raises questions. While he earns a stable income as a Congressman, his stock trading controversy continues to be a point of debate.
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