Catherine Cortez Masto Net Worth and Income Sources

Catherine Cortez Masto Net Worth net worth is estimated to be approximately $4.6 million according to analysis on Open Secrets[1].

Senator Catherine Cortez Masto’s Net Worth from Investments and Assets 

According to Open Secrets, Catherine Cortez Masto’s wealth is split between various investments and real estate assets. 

While Catherine Cortez Masto’s net worth according to our estimates ought to be more than $3.0 million. Her financial disclosures show her wealth to be about $4.6 million. 

Democratic Party Senator Catherine Cortez Masto Net Worth and Income

The main source of the Nevada Senator income now is her salary as a United States Senator[2]. 

Income Source 1: Salary as a United States Senator

She has been a United States Senator from Nevada since 2016, ever since she won the Senate Election in 2016. 

She makes a base salary of $174,000 in her role as a Senator from the State of Nevada in the U.S Senate. However, this salary began merely 5 years ago, which doesn’t account for her other wealth.  

Income Source 2: Stocks and Securities

Catherine Cortez Masto has invested a significant portion of her wealth in stocks and securities. In total this investment is estimated to be $441,000[1]. 

Income Source 3: Real Estate 

Catherine Cortez Masto has real estate investments measuring up to $1.125 million[1]. 

Income Source 4: Land and Other Assets

 Catherine Cortez Masto owns undeveloped land worth $750,000. She also has a stake in Nevada Public Employee Purchase Programs worth $750,000[1]. 

Catherine Cortez Masto’s Early Life

Catherine Cortez Marie Masto was born in Las Vegas, Nevada on March 29, 1964. Her father, Manny Cortez was an attorney, and a longtime head of the Las Vegas Convention and Visitors Authority[3]. Her mother was Joanna Cortez. 

Her paternal grandfather Eduardo Cortez immigrated to Nevada from Chihuahua, Mexico. 

Catherine Cortez Masto attended Gonzaga University School in Las Vegas from 1982-1986[4]. She earned her Bachelor’s Degree in Finance from the University of Nevada, Reno in 1986. Cortez Masto graduated as a Juris Doctor from Gonzaga University School of Law in 1990[5]. 

During this time, she got married to Paul Masto in Las Vegas. Cortez Masto’s husband Paul Masto was a United States Secret Service Agent[6]. 

Cortez Masto became a member of the State Bar of Nevada in 1990[7]. She also became a member of the US District Court and the District of Nevada in 1991[8]. Cortez Masto also joined the US Court of Appeals for the Ninth Circuit in 1994[9]. 

Cortez Masto became a civil attorney in Las Vegas for 4 years [10] and spent 2 years as a criminal prosecutor for the US Attorney’s Office in Washington D.C [11]. 

Catherine Cortez Masto’s Political Career

Catherine Cortez Masto was elected Nevada Attorney General against Republican Don Chairez in 2006[12]. She replaced George Chanos. Cortez Masto’s campaign was successful again in 2010 when she was re-elected in 2010, defeating Republican Travis Barrick[13]. 

Senate Harry Reid endorsed Cortez Masto for the position of United States Senator from Nevada in 2016 to replace him when Senator Harry Reid decided to retire[14]. Cortez Masto defeated Republican Joe Heck with 47% of the vote. 

She has announced that she will run for re-election in 2021 to reclaim her United States Senate Seat[15]. 

Catherine Cortez Masto Accomplishments 

In November 2003, she was named executive vice chancellor of the Nevada System of Higher Education[16]. 

She also launched an investigation into Bank of America in 2010. The lawsuit was settled for $750 million[17]. 

Cortez Masto Co Sponsored the bipartisan STATES ACT introduced by Massachusetts Senator Elizabeth Warren[18]. 

Catherine Cortez Masto Controversies

When she was named executive vice chancellor of the Nevada System of Higher Education, there was controversy about her hiring. She was directly hired by the chancellor and not selected by the University system’s board of regents[19]. 

However, the board voted unanimously to approve a salary of $215,000.

She launched an investigation into Brian Krolicki, then Nevada’s Republican Lieutenant Governor, in 2009. Though the charges were dismissed by the Clark County District Court[20].

She also came under fire for defending the same-sex marriage ban in the State of Nevada during the Sevcik v. Sandoval trial. Initially, Masto did represent Nevada in the case. However, she abandoned the defense in light of a ruling by the United States Court of Appeals for the Ninth Circuit[21]. 

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Catherine Cortez Masto Biography  

Frequently Asked Questions About Catherine Cortez Masto 

Is Catherine Cortez Masto Conservative or Liberal?

Catherine Cortez Masto has a center-left position according to her voting record[22]. 

How Old is Catherine Cortez Masto?

Catherine Cortez Masto was born on March 29, 1964. This makes her 57 years old. 

Is Catherine Cortez Masto the Junior Senator?

No. Senator Catherine Cortez Masto is the Senior United States Senator from Nevada since 2017. She became the Senior Senator when Dean Heller left the Senate following his defeat. She is the first woman and the first Latina elected to the United States Senate from Nevada[23]. 

How can I Contact Catherine Cortez Masto?

You can contact her using his official E-mail or using a contact form on his Senate Webpage [24]. 

References

[1] https://www.opensecrets.org/personal-finances/catherine-masto/net-worth?cid=N00037161&year=2018

[2] https://www.senate.gov/senators/SenateSalariesSince1789.htm

[3] https://www.britannica.com/biography/Catherine-Cortez-Masto

[4] https://www.gonzaga.edu/news-events/stories/2016/11/15/law-grad-catherine-cortez-masto-becomes-first-latina-in-us-senate

[5] https://www.gonzaga.edu/school-of-law/admission/why-gonzaga-law/legacy-of-leadership

[6] https://www.cortezmasto.senate.gov/about

[7] https://voterly.com/politicians/whuL6U0MMR/catherine-cortez-masto

[8] https://www.legistorm.com/person/bio/259552/Catherine_Marie_Cortez_Masto.html

[9] https://www.congress.gov/bill/103rd-congress/house-bill/3654/text?r=88&s=1

[10] https://contactsenators.com/articles/senator-catherine-cortez-masto/

[11] https://action.mba.org/mba/app/person/9258?0

[12] https://www.givegreen.com/candidate/catherine-cortez-masto

[13] https://ballotpedia.org/Nevada_Attorney_General_election,_2010

[14] https://www.nytimes.com/elections/2016/results/nevada-senate-cortez-masto-heck

[15] https://thenevadaindependent.com/article/cortez-masto-launches-2022-re-election-bid

[16] https://politicalsaga.com/Catherine-Cortez-Masto

[17] https://www.nytimes.com/2010/12/18/business/18mortgage.html

[18] https://www.cortezmasto.senate.gov/news/press-releases/cortez-masto-cosponsors-bipartisan-states-act-to-protect-state-marijuana-policies

[19] https://www.reviewjournal.com/local/education/regents-approve-mastos-215000-salary-as-executive-vice-chancellor/

[20] https://lasvegassun.com/news/2009/dec/08/cortez-mastos-shining-star-dims/

[21] https://www.buzzfeednews.com/article/chrisgeidner/nevada-attorney-general-seeks-to-withdraw-defense-of-same-se

[22] https://www.govtrack.us/congress/members/catherine_cortez_masto/412681

[23] https://www.nbcnews.com/news/latino/it-s-about-time-catherine-cortez-masto-1st-latina-u-n702691

[24] https://www.cortezmasto.senate.gov/contact/connect