As a U.S. Senator and former member of the U.S. House of Representatives, Tom Cotton’s political career has played a pivotal role in his financial growth.
In addition to his salary as a Senator, his savvy investments and real estate ventures have contributed significantly to his overall wealth.
Today, Andomoney will provide an in-depth analysis of Tom Cotton net worth while exploring how his financial journey evolved, focusing on the sources of his income, from stocks to real estate.
Quick Facts
FACT | DETAIL |
---|---|
Real Name | Thomas Bryant Cotton |
Popular Name | Tom Cotton |
Gender | Male |
Birth Date | May 13, 1977 |
Age | 47 |
Parents | Thomas Leonard Cotton, Avis Cotton |
Siblings | N/A |
Birthplace | Dardanelle, Arkansas, U.S. |
Nationality | American |
Ethnicity | White |
Education | Harvard Law School (2002), Claremont Graduate University (1998–1999), Harvard College (1998) |
Marital Status | Married |
Spouse | Anna Peckham |
Children | 2 |
Dating | N/A |
Net Worth | $7 Million |
Source of Wealth | Politics, Investments, Real Estate |
Height | 6 ft 5 in (1.96 m) |
What is the Net Worth of Tom Cotton in 2024?
Tom Cotton’s net worth in 2024 is estimated to be around $7 million, a figure that reflects his successful political career and diverse financial portfolio.
When compared to other public figures, Cotton’s financial standing is competitive, particularly due to his strategic investments in stocks and real estate
Some of the people related to him in terms of financial growth include:
- Marco Rubio
- Mitt Romney
- John McCain
- Lindsey Graham
- Mike Pompeo
- Joni Ernst
- Daniel Sullivan
- Cory Gardner
- Rick Crawford
For those interested in comparing Cotton’s wealth to other political figures, visit our detailed guide on the most affluent government officials.
Tom Cotton Salary and Finance Overview
His Political Career Has Contributed to His Income
Tom Cotton’s political career has been a key contributor to his financial status. He earns a salary of $204,000 as a U.S. Senator, which forms the foundation of his income.
Cotton’s journey began as a member of the U.S. House of Representatives, where he also received a significant salary for his work. This political role not only provided him with a stable income but also opened doors for future opportunities.
His positions on various committees, including the Armed Services and Judiciary Committees, further expanded his influence, adding to his financial benefits.
Investment Income from Stock Portfolio and Dividends
Beyond his salary, Tom Cotton has built a strong stock portfolio, contributing significantly to his annual earnings.
With $1.9 million invested in companies such as Apple Inc., ExxonMobil, and Procter & Gamble, Cotton receives $270,000 annually in dividends.
His most notable earnings come from Apple Inc., where he collects $120,000, followed by ExxonMobil at $90,000 and Procter & Gamble at $60,000.
These investments reflect his prudent financial management and diverse income streams outside of his political work.
Real Estate Investments and Property Holdings
Cotton’s $4 million real estate portfolio is another critical component of his wealth. His property holdings, primarily in Arkansas, include cattle ranches and undeveloped land, showcasing a commitment to long-term investments.
His real estate ventures focus on sustainable and agricultural opportunities, which not only generate income but also contribute to the local economy.
The rolling hills of Arkansas provide fertile ground for his ranching operations, adding an additional layer of income to his portfolio.
Military Service and Its Financial Benefits
Cotton’s military background, where he served as an infantry officer in Iraq and Afghanistan, has earned him not only accolades but also financial rewards.
His time in the service granted him benefits like the Bronze Star Medal and the Purple Heart, along with potential retirement benefits that come from his honorable service.
These military-related financial benefits have played a role in bolstering his overall wealth.
Achievements and Recognition in Politics
Awards such as the Bronze Star for his military service, combined with his political accomplishments, have increased his public stature.
His key role in shaping important legislation, particularly in defense and national security, has further enhanced his influence, indirectly contributing to his financial success.
His Financial Growth Over Time
Tom Cotton’s financial growth has been steady and consistent. From his early days in politics to his current standing as a U.S. Senator, his income sources have diversified, including investments, real estate, and his political salary.
As his influence grows, so does his potential for future financial opportunities. With a portfolio built on stable investments and property, Cotton’s financial trajectory suggests a continued upward trend.
FAQs About Tom Cotton
What is Tom Cotton’s height?
He stands at 6 ft 5 in (1.96 m).
How many children does Tom Cotton have?
He has 2 children.
What is his educational background?
He graduated from Harvard University with a BA and JD.
Who is Tom Cotton’s spouse?
His spouse is Anna Peckham.
Where was he born?
He was born in Dardanelle, Arkansas, U.S..
What military honors has he received?
He received the Bronze Star Medal and the Purple Heart.
What are his primary sources of wealth?
His wealth comes from his political salary, stock investments, and real estate holdings.
Conclusion
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