Unveiling Maggie Hassans Net Worth Exploring the Wealth of New Hampshires Senator
Maggie Hassan, a prominent American politician, has been serving as the U.S. Senator from New Hampshire since 2017. She holds the distinction of being one of only two women in U.S. history to have been elected as both a governor and a senator, alongside her fellow New Hampshire Senator, Jeanne Shaheen. In this article, we will delve into Senator Maggie Hassan’s net worth and explore the sources of her income.
Maggie Hassan pursued her education at Brown University, where she obtained a Bachelor of Arts degree in history. She then went on to attend the Northeastern University School of Law, earning her Juris Doctor degree in 1985. Following her graduation, she entered the field of private law practice and worked as an attorney. From 1993 to 1996, Hassan served as the associate general counselor for Brigham and Women’s Hospital. In 1999, she was selected by then-governor Shaheen to be a citizen advisor to the Advisory Committee of the Adequacy in Education and Finance Commission.
Hassan’s early political career involved a run for the New Hampshire Senate in 2002, which she unfortunately lost. However, she achieved victory in the 2004 elections and held the position until 2010. In 2012, she became the governor of New Hampshire, and in 2016, she successfully won the elections for the U.S. Senate.
Given her diverse career background, Hassan has built a solid foundation for accumulating substantial wealth. However, a significant portion of her net worth can be attributed to her husband, Thomas Hassan, and his various business ventures.
So, what exactly is Maggie Hassan’s net worth? According to OpenSecrets’ estimate in 2018, her net worth was approximately $3,467,042. Although there are no precise figures available for her current net worth, her 2022 annual financial disclosure form suggests a range between $1.28 million and $5.62 million.
It is important to note that estimating the net worth of a lawmaker can be challenging due to the nature of disclosure forms, which do not require exact values. Instead, lawmakers report the value of their assets and liabilities within specified ranges. Certain assets, such as personal residences, specific personal property, and federal retirement accounts, are often not reported. Additionally, large assets may be listed in broad categories like “Over $1 million” or “Over $50 million,” potentially indicating a much higher value. Furthermore, it is worth mentioning that most Members of Congress earn an annual salary of $174,000, but this is not required to be disclosed.
So, how did Maggie Hassan accumulate her wealth? With a professional background as a lawyer and a politician, Hassan has garnered income from various sources. Additionally, a part of her wealth comes from her husband’s investments and business projects. Her publicly available sources of income include her law practice, where she worked as an attorney after obtaining her Juris Doctor degree. Furthermore, her political career has contributed to her wealth, as she started as a New Hampshire state senate member in 2004 and currently serves as a U.S. Senator, earning an annual salary of $174,000. Lastly, Maggie and Thomas Hassan have made significant investments in savings accounts and mutual funds, which represent the majority of their assets. They also have partial ownership of a residential rental estate.
When it comes to Hassan’s assets, her 2022 financial disclosure form provides details about her portfolio. Some of her most valuable assets include the TIAA Traditional Annuity, held by her husband and valued between $250,001 and $500,000, as well as a joint bank deposit at The Provident Bank valued between $100,001 and $250,000. Hassan also owns the Onadune rental property in Little Compton, RI, valued between $100,001 and $250,000. Additionally, she has mutual fund positions in iShares TIPS Bond ETF (TIP) and Vanguard Growth Index Fund ETF Shares (VUG), both valued between $100,001 and $250,000.
It is worth noting that neither Senator Maggie Hassan nor her husband own publicly traded stocks, and they have not been accused of insider trading thus far. As per the Stop Trading on Congressional Knowledge (STOCK) Act, their assets are closely monitored to prevent any use of insider information for personal gain.
To provide some background information, Maggie Hassan, whose full name is Margaret Coldwell Hassan, was born on February 27, 1958, in Boston, Massachusetts. She holds a Bachelor of Arts degree in history from Brown University and a Juris Doctor degree from the Northeastern University School of Law. Prior to her political career, she gained extensive experience in private law practice.
Throughout her tenure as both governor and senator, Hassan has been recognized for her significant bipartisan efforts. As governor, she prioritized expanding Medicaid and improving the state’s infrastructure. As a senator, she has focused on enhancing healthcare, addressing veterans’ issues, and strengthening cybersecurity.
In conclusion, Maggie Hassan, the U.S. Senator from New Hampshire, possesses a considerable net worth that aligns with the average among her colleagues in the Senate. To be more precise, her net worth falls within the range of $1.28 million to $5.62 million.
Disclaimer: The information provided in this article should not be considered investment advice. Investing carries risks, and capital is at risk.
Frequently Asked Questions about Maggie Hassan’s net worth:
1. What is Maggie Hassan’s current net worth?
Based on her 2022 annual financial disclosure form, Maggie Hassan’s net worth ranges from $1.28 million to $5.62 million.
2. How did Maggie Hassan accumulate her wealth?
Maggie Hassan’s wealth comes from a combination of her professional career as a lawyer and politician, as well as her husband’s business ventures and investments.
3. Who is Maggie Hassan’s husband?
Maggie Hassan is married to Thomas Hassan, an educator who has played a significant role in the American elite private school system. They have two children together.