Jim Jordan’s Net Worth and Salary: How Much Money Does The Politician Make and Why Is He So Rich?

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Jim Jordan has made a sizable fortune and his salary is expected to surge if elected as the new House Speaker. What is his net worth today?

When Kevin McCarthy was ousted from his seat as the U.S. House Speaker, the now-vacant position has been being battled for among other politicians.

Republicans nominated Rep. Jim Jordan to be the next House speaker after he defeated Rep. Austin Scott, R-Ga., in Friday’s closed-door, secret-ballot speaker contest, per CNN.

To be elected speaker, a nominee must win the majority of the full House, which is currently 217 votes due to two vacancies. That means Jordan or any other Republican nominee can only afford to lose four GOP votes on the floor if every Democrat votes for House Minority Leader Hakeem Jeffries.

While he is seemingly on the battlefield, many want to know more about his finances, like, how much he makes and his net worth.

Profile Summary

Celebrated Name:Jim Jordan
Net Worth:$240,000
Full Real Name:Jim Daniel Jordan 
Date of Birth:February 17, 1964 (age 59 years)
Birthplace:Troy, Ohio, United States
Jim Jordan reportedly has an estimated net worth of $200,000
Jim Jordan reportedly has an estimated net worth of $200,000. Credit: REUTERS/Evelyn Hockstein

What is Jim Jordan’s net worth?

Despite Jim being in the political space for decades, he has a sizable fortune.

Jim Daniel Jordan has an estimated current net worth of $240,000 which is less than $1 million, according to his most recent congressional financial disclosure, per CelebrityNetWorth. This means he is not yet a millionaire.

Members of Congress usually make about $174,000 in salary for their service.

He accrued his decent money from his time as both a college wrestler and a wrestling coach. Also, the bulk of his fortune is from his primary career as a politician as well as other endeavors.

Between the years 1987 to 1995, he was an assistant wrestling coach with Ohio State University’s wrestling program.

Who is Jim Jordan?

Jim Jordan is a politician serving as a United States Representative for Ohio in Congress for 16 years.

Per Reuters, he was first elected in 2006 to represent “a deeply conservative rural district in northern Ohio.”

According to his government bio, he serves as the Chairman of the House Judiciary Committee and serves on the House Oversight Committee.

He “has been an advocate of the taxpayer, looking for waste, fraud, and abuse in the federal government.”

As one of the most conservative members of Congress, his efforts have earned him recognition from Citizens Against Government Waste, Family Research Council, Americans for Tax Reform’s Friend of the Taxpayer Award, and the 2012 Weyrich Award for “National Legislator of the Year.”

The Republican Rep. of Ohio is one of former President Donald Trump’s closest allies in Congress.

He is the founder of Freedom Caucus.

He was born on February 17, 1964, in Troy, Ohio, United States.

Jim Jordan was raised in Champaign County, Ohio, graduating from Graham High School in 1982, where he was a four-time state champion in wrestling with a career record of 150-1. He went on to earn a Bachelor’s Degree in Economics from the University of Wisconsin, where he was a two-time NCAA wrestling champion. He later earned a Master’s degree in Education from the Ohio State University and a Law Degree from Capital University in Columbus, Ohio.

Jordan is a fiscal conservative who believes that families and taxpayers, rather than the government, know best how to make decisions with their money. Throughout his career, Jim Jordan has led the fight against tax hikes, including those proposed by his own political party. He believes that cutting taxes and letting families keep more of what they earn helps build strong communities and a vibrant economy.

In Congress, Jordan has also emerged as a prominent defender of the taxpayer’s pocketbook through his work on spending issues. In 2009, he introduced the only balanced budget alternative to President Obama’s budget. In the 112th Congress, Jordan served as Chairman of the House Republican Study Committee, the largest caucus of conservatives, advancing conservative ideas and solutions on Capitol Hill.

In the 114th Congress, Jordan helped found the House Freedom Caucus and served as its first Chairman.