Revelation of John Hickenloopers net worth uncovers Colorados senator with the highest engagement in stock trading

Exploring Senator John Hickenlooper’s Wealth: A Comprehensive Look

Let us delve into the net worth of Colorado’s most active senator in stock trading, John Hickenlooper. In this article, we will examine his assets, investments, and other pertinent financial information based on his latest financial disclosure report.

Who is John Hickenlooper?

John Hickenlooper represents Colorado in the US Senate and has previously served as the Governor of Colorado and the Mayor of Denver. Born in Narberth, Pennsylvania in 1952, he initially pursued a career in geology before venturing into the field of politics. Hickenlooper’s journey from geologist to successful entrepreneur to influential politician is truly captivating within the realm of American politics.

John Hickenlooper’s Net Worth

According to his 2023 financial disclosure report, John Hickenlooper’s net worth falls somewhere between $3,281,079 and $45,039,079. Regardless of the specific figure within this range, Senator Hickenlooper is undeniably one of the wealthier US politicians.

Disclaimer:

Estimating a lawmaker’s net worth poses a challenge due to the absence of exact values in disclosure forms. Instead, lawmakers report the value of their assets and liabilities within specified ranges. While we strive for accuracy in estimating net worth based on filings, disclosure rules have limitations. Personal residences, specific personal property, and federal retirement accounts are often unreported. Large assets can be listed under broad categories like “Over $1 million” or “Over $50 million,” potentially worth much more. Additionally, most Members of Congress earn $174,000 annually, but this income is not required to be disclosed.

How did John Hickenlooper amass his wealth?

John Hickenlooper’s wealth stems from various sources. Prior to entering politics, he made a name for himself in the business world, especially in the brewing industry. The key sources of Hickenlooper’s wealth include:

1. Geology career: Initially employed as a geologist at Buckhorn Petroleum.
2. Wynkoop Brewing Company: Co-founded one of Denver’s first brewpubs, which experienced significant success.
3. Public service: Earned salaries as Mayor of Denver, Governor of Colorado, and now as a US Senator.
4. Investments: Actively engaged in stock trading and other financial investments.

John Hickenlooper’s Assets

John Hickenlooper possesses assets totaling between $13,281,079 and $47,039,081, with reported liabilities ranging from $2,000,002 to $10,000,000. Among his numerous assets, the most valuable ones include:

1. Vanguard Dividend Growth Fund Investor Shares (mutual fund), valued between $1,000,001 and $5 million.
2. The Procter & Gamble Company (NYSE: PG) corporate stock, valued between $1,000,001 and $5 million.
3. Invesco NASDAQ 100 ETF mutual fund, valued between $1,000,001 and $5 million.
4. Liberty Media Corporation 2006 Deferred Compensation Plan, owned by his spouse but held independently by a dependable child or John Hickenlooper, valued over $1 million.
5. Chipotle Mexican Grill, Inc. (NYSE: CMG) corporate stock, owned by his spouse but held independently by a dependable child or John Hickenlooper, valued over $1 million.

Was John Hickenlooper involved in insider trading?

What is insider trading?

Insider trading refers to the buying or selling of a publicly traded company’s stock based on material, non-public information about the company. This practice is illegal as it provides an unfair advantage to those with privileged information, undermining market integrity and investor trust.

While Senator John Hickenlooper is Colorado’s most active senator in stock trading, there are no official documents or news reports suggesting his involvement in any illegal practices, such as insider trading. His wealth, undoubtedly substantial by average American standards, derives from his previous business career.

What is John Hickenlooper’s worth?

John Hickenlooper’s net worth ranges from $3,281,079 to $45,039,079, placing him among the wealthier US Senators. However, he falls behind the likes of Rick Scott, Mitt Romney, and Richard Blumenthal. Nonetheless, with a relatively clean public image and a previously successful business career, it is likely that his wealth will continue to grow.

Disclaimer:

The content of this article should not be regarded as investment advice. Investing carries risks, and your capital is at stake.