What is Mike Pence's Net Worth?





Governor Mike Pence - Social media photograph crop - Year 2016

Name: Mike Pence

Born: June 7th, 1959

Company: n/a

Position: Governor of Indiana


Mike Pence currently has a net worth of an estimated:

$400,000




Information:

Mike Pence, along with Newt Gingrich, are the two current favorites to run with Donald Trump on the Republican ticket in November of 2016.

Pence, who is currently serving as the Governor of Indiana, is a great speaker who has personal beliefs that will appeal to those on the far right of the Republican Party. Pence's views on Iraq, tax reform and immigration have made him quite popular with many in the Republican party - in fact, there have been movements in the past to try to enlist Pence to run for President of the country.

Pence, born June 7th, 1959, spent over a decade serving in the House of Representatives. During this time, Pence served as Chair of the House Republican Conference.

Prior to entering the world of politics, Mike Pence graduated from Hanover College with a degree in History before following this up with a JD from Indiana University Robert H. McKinney School of Law. Pence would host his own weekend political talk show before entering the world of politics in January of 2001.

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During his time as a member of the House of Representatives, Pence earned between $150,000-$174,000 per year.

According to In.gov, Pence earns $111,077.46 per year in return for serving as Governor of Indiana.

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Pence made his last personal financial disclosure in March of 2013, shortly after leaving the House of Representatives. Pence, unlike Donald Trump, could certainly not be classified as being extremely wealthy - instead, he had a fairly modest portfolio that included (as of 2012) a fairly vanilla basket of assets.

Pence's three largest assets were: three largest assets were America Fund Mortgage Fund 529-C ($15,001-$50,000), Bond Fund America 529-C ($15,001 - $50,000) and Capital World Bond Fund (529-C). Note: exact asset amounts are not given on personal financial disclosures

While the value of primary residences are not given on these disclosures, Pence listed a mortgage liability of between $50,001-$100,000 (GMAC) and a second mortgage liability of between $15,001-$50,000 from Specialized Loan Services.

Note: According to Zillow.com, the residence listed on Mike Pence's personal financial disclosure for 2012 (12955 N. German Drive, Columbus, Indiana) was sold for $149,000 in April of 2013.

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Here is a full list of Pence's assets (minus his primary residence) as of the end of 2012:

American Funds-UTMA ($1,001-$15,000)

America Funds 529 Capital Income Builder ($1,001-$15,000)

America Funds 529 Euro Pacific Growth Fund ($1,001-$15,000)

America Funds 529 Fundamental Investors ($1,001-$15,000)

America Funds 529 Growth Fund of America ($1,001-$15,000)

America Funds 529 Washington Mutual Funds Investors ($1,001-$15,000)

CB&T Custodial IRA Capital World Growth & Income Fund ($1-$1,000)

CB&T Custodial IRA Euro Pacific Growth Fund ($1-$1,000)

CB&T Custodial IRA Growth Fund of America ($1-$1,000)

CB&T Custodial IRA Capital Income Builder ($1-$1,000)

College Choice 529 Investment Plan - not self-directed ($1,001-$15,000)

US Federal Savings Bond ($1,001-$15,000)

College Choice 529 Investment Plan - not self-directed ($1,001-$15,000)

America Funds College America ($1,001-$15,000)

Capital World Bank Fund 529-A (1,001-$15,000)

America Fund Mortgage Fund 529-C ($1,001-$15,000)

Bond Fund America 529-C ($1,001-$15,000)

Capital World Bond Fund 529-C ($1,001-$15,000)

America Fund Mortgage Fund ($15,001-$50,000)

Bond Fund America 529-C ($15,001-$50,000)

Capital World Bond Fund-C ($15,001-$50,000)

Pence's holdings returned a modest amount of dividend income throughout the 2012 calendar year.

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Mike's wife, Karen, is a former schoolteacher.


Notes:

July 14th, 2016 - added information about Pence's old residence in Columbus, Indiana

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Mike Pence is worth 5 times more than the median US household

If Mike Pence sold everything that they owned, they could fund the United States' deficit spending for 0 days.

This page last updated: July 13th, 2016



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Note: Net Worth changes calculated at 4 pm EST daily

The net worth pages are strictly for entertainment purposes only. The information on these pages is based on speculation and shouldn't be construed as being accurate in any way.