Chuck Grassley Net Worth And Income Sources

Chuck Grassley Net Worth Overview

Chuck Grassley has an estimated net worth of $5 million according to online sources.

Chuck Grassley is a senior Republican party member. His net worth source is mainly from being a politician. He also owns corporate securities that contribute to his net worth.

Senator Investment and Assets

Official portrait photo of Sen. Chuck Grassley.  Credit: Wikimedia Commons

Chuck Grassley makes $174,000 annually as a senior.  He has been serving as a US Senator since 1981.  

He also owns various real estate that contributes significantly to his wealth. Additionally, ownership in stocks of companies, fixed and equity investments also contribute to his wealth.

Chuck Grassley Net Worth Summary

AssetsAsset Value
Real Estate701,007-$1,715,000
Bank and Investments$1,477,221-$5,000,000
Total$2,178,228-$6,715,000

Based on our calculations from Chuck Grassley’sdisclosed financial sources for FY 2020, his net worth is estimated to be between $2,178,228-$6,715,000.

The details of Chuck Grassley’s assets are given below.

Chuck Grassley Net Worth – Real EstateAsset Value
Farmers Cooperative Co.$1,001-$15,000
Farm Land in Butler County, Iowa$700,007-$1,700,000
Total$701,007-$1,715,000
Chuck Grassley Net Worth – Bank and InvestmentsAsset Value
Bank and Stocks (Checking accounts, Real estate, ETFs. Money market funds, etc.)$1,477,221-$5,000,000
Total$55,377,221-$110,628,000

Senator Chuck Grassley Income

Chuck Grassley has different sources of income. These include farmlands, corporate securities, senator, and pension. The following table shows the income from different sources as per the publicly available financial disclosure data.

Income Source 1: Salary as a Senator

Chuck Grassley earns about $174,000 as a US Senator. He has been serving the post since 1981.

Sen. Grassley speaking about the SALT CAP increase. Credit: Instagram@senatorchuckgrassley

Income Source 2: Pension and Investments

Chuck Grassley has been earning income from pension accounts and real estate. 

The public disclosure statement also shows that the Illinois Senator earns an additional income of $133,757-$344,095 per year.

Chuck Grassley Net Worth – Income Summary

Chuck Grassley Net Worth – Income SummaryIncome
Real Estate$125,001-$256,339
Bank and Investments
Pension$8,756
Total$133,757-$344,095

The table below summarizes his income from these sources.

Chuck Grassley Net Worth – Real Estate IncomeEarnings
Farmers Cooperative Co.
Farm Land in Butler County, Iowa$125,001-$256,339
Total$125,001-$256,339
Chuck Grassley Net Worth – Pension IncomeIncome
Raymond James Trust IRA St Petersburg, FL$8,756
Total$8,756
Sen. Grassley speaking meeting President George W. Bush and Vice President Dick Cheney.  Credit: Wikimedia Commons.

Chuck Grassley’s Bio/Early Life

Chuck Grassley was born Charles Ernest Grassley on 17th September 1933. He was raised by parents Ruth nee Corwin and Louis Arthur Grassley on a farm.

Grassley enrolled in Iowa State Teachers College in 1955. The college was later renamed the University of Northern Iowa. He completed his bachelor’s and master’s degrees in political science from the university.

After completing his education, Grassley initially worked at factories. In 1967, he got a lecturer position at Charles City College. He served as a lecturer for just one year.

Grassley married Barbara Speicher in 1954. The couple has five children.

Sen. Grassley with his wife Barbara Speicher. Credit: Instagram@senatorchuckgrassley

Chuck Grassley Career

Sen. Chuck Grassley is a senior American politician. His political career started when he became a member of the Iowa House Representative in 1959. He served at the position representing Butler County until 1975.

From 1975 to 1981, Grassley became a member of the United States House of Representatives. He won the US Republican primary election in 1980. During the United States Senate election, he defeated Democratic rival, John Culver.

Senator Grassley won the 1986 election in Iowa as well. He had defeated Democratic John P. Roehrick. In the 1992 US Senate election, he won the state election defeating democratic nominee Jean Hall Lloyd-Jones.

In the 1998 elections, Grassley defeated democratic nominee David Osterberg. He defeated democratic rival Art Small in 2004. During the 2016 US Senate elections, Grassley defeated Democratic rival Roxanne Conlin. In the 2016 US Senate elections, he defeated Patty Judge of the democratic party.

Grassley assumed the role of the Chair of the Senate Aging Committee in 1975. He retained the role until 2001. Additionally, Grassley served as the Chair of the Senate Judiciary Committee from 2015 to 2019.

In 2015, Grassley assumed the role of the Chair of the Senate Narcotics Caucus. He served as the Chair of the Senate Narcotic Caucus the same year. The senator has also served as the Chair of the Senate Finance Committee in 2001, 2003, and 2019. In 2019, Grassley was appointed as the President pro tempore of the US Senate.

Chuck Grassley Accomplishments

Sen. Chuck Grassley is the longest-serving senator of Iowa. He assumed office in 1981. The senator is currently serving his eighth term at the US House of Representatives.

Grassley has spearheaded various federal government legislation. He was one of the main sponsors of the SECURE Act of 2019. The bill passed in 2020 gives individuals more flexibility and greater access to saving programs.

Chuck Grassley Controversy

One of Chuck Grassley’s committee advisors Garrett Ventry was named in a sexual abuse allegation. Ventry was the communication aide to Sen. Grassley. While he maintained innocence, Ventry resigned from the position to avoid distractions in the working of the committee.




Similar Senator Net Worth and Income Articles:


Chuck Grassley Biography 

Legal Name/Birth NameCharles Ernest Grassley
Net Worth$5,000,000
PseudonymsN/A
Sources of WealthUS Senior Senator from the State of Iowa
Date of Birth17th September 1933
Place of BirthNew Hartford, Iowa
NationalityAmerican
GenderMale
Height187 cm (6 ft 1 in)
Weight176 Lbs (80 Kg)
ReligionBaptist
EthnicityWhite
Marital StatusMarried
Partner/SpouseBarbara Speicher
Children5
Names of ChildrenN/A

Frequently Asked Questions About Chuck Grassley

Is Chuck Grassley still in the Senate Judiciary Committee?

Chuck Grassley is presently serving as the senior US Senator from Iowa. He is part of the Senate Judiciary and Finance committee. 

Where is Chuck Grassley from?

Chuck Grassley is from the state of Iowa.

How old is Grassley?

Chuck Grassley had turned in 2021

References

[1]. https://sec.report/Senate-Stock-Disclosures/GRASSLEY/CHARLES+E/6dc791b1-c2ad-4c7a-82db-fe961d842977 – Chuck Grassley public financial disclosure data

[2]. https://www.legistorm.com/member/45/Sen_Chuck_Grassley.html- Sen. Chuck Grassley (R-Iowa) salary information.

[3]. https://www.opensecrets.org/personal-finances/chuck-grassley/net-worth?cid=N00001758 – Sen. Chuck Grassley’s financial information. 

 


Photo of author
Author
Shane
Our Editor-in-Cheif works as a strategist at a Fortune 500 financial institution. He brings depth into our content with 10+ years of experience in managing businesses and evaluating deals. He loves the combination of boring business concepts and interesting pop culture snippets. This site is run by a team from major financial hubs in New York, Hong Kong, and London. Find out more about us.

Leave a Comment