Senator Jeff Merkley net worth is estimated to be approximately $5.3 million. This estimate is based on the assets and liabilities specified in the Oregon Senator’s financial disclosure [1].
He gained most of his wealth from mutual funds, real estate, and retirement plans. Each of these contributes to the Jeff Merkley net worth given estimate above.
Table of Contents
Jeff Merkley Net Worth: Assets
| Jeff Merkley Assets | Minimum Value | Maximum Value | Earnings |
| Bank Deposits | $267,000 | $580,000 | $0 – $800 |
| Mutual Funds | $561,000 | $1,215,000 | $0 – $1,200 |
| Real Estate | $2,100,000 | $7,250,000 | $45,000 – $150,000 |
| Retirement Pension Plans | $30,000 | $100,000 | $0 – $400 |
| Total | $2,958,000 | $9,145,000 | $45,000 – $152,000 |
Jeff Merkley Net Worth: Liabilities
| Jeff Merkley Liabilities | Minimum Value | Maximum Value |
| Mortgage | $500,001 | $1,000,000 |
| Total | $500,001 | $1,000,000 |
Jeff Merkley Net Worth: Income Sources
Senator Merkley earns income from a number of different sources. He earns $174,000 per year as a Junior United States Senator.
The Oregon Senator also earns money from his assets such as bank deposits, mutual funds, real estate, and retirement pension plans.
Income Source 1: U.S. Senate Salary
Sen. Jeff Merkley was elected to the United States Senate in 2008. He earns the default Senator salary of $174,000 [2].
Income Source 2: Earnings from Assets
Senator Merkley also earns income from his assets. The Oregon Senator has bank deposits, mutual funds, real estate, and retirement pension plans valued at between $2,958,000 and $9,145,000. Each of these assets contributes to the Jeff Merkley net worth estimate given above. When combined, these assets provide the Senator with an income between $45,000 and $152,000.
Sen. Jeff Merkley Bio/Early Life
Jeffrey Alan Merkley was born on October 24th, 1956, in Myrtle Creek, Oregon. His parents were Darrell Philip Merkley and Betty Lou [3]. The young Merkley attended elementary school in Roseburg, Oregon, before relocating to Portland with the rest of his family. He then attended David Douglas High School before pursuing higher education at Stanford University. Merkley graduated with a bachelor of arts degree in international relations in 1979.
Jeff Merkley then studied at the Woodrow Wilson School at Princeton University and graduated with a Master of Public Affairs degree in 1982.
Early Career
Jeff Merkley began working at the Office of the Secretary of Defense on American military technology after being chosen as the Presidential Management Fellow [4]. He then worked for the Congressional Budget Office.
In 1991, Merkley moved back to Portland and began serving as the director for Portland Habitat for Humanity.
Political Career & Jeff Merkley Net Worth
Merkley began his political career in 1998 after being elected to the Oregon House of Representatives as a new member of the American Democratic Party [5]. The House Democrats gained a notable majority in Oregon’s statewide elections in 2006. Merkley was then elected Democratic leader.
Jeff Merkley announced he would be running for the United States Senate in 2007. He defeated all the other candidates in the Democratic primary and defeated Republican Gordon Smith in the general election [6].
Jeff Merkley ran unopposed in the Democratic primary in 2014. Despite this, he was still re-elected to the role of Junior United States Senator for Oregon
The senator’s career seems to be enough to push the Jeff Merkley net worth among the millionaire rank.
Sen. Jeff Merkley Accomplishments
Senator Merkley has accomplished many things as a Senator and prominent member of the Democratic party. He led an effort urging President Obama to speed up the transition of military and security operations for the Afghanistan government [7].
Sen. Markley championed legislation that provided nursing mothers with flexible break times and private spaces to pump breast milk while at work [8].
While working as an Oregon House Speaker, Merkley helped increase public school funding and banned junk food in schools [9].
Oregon Business Magazine named Jeff Merkley as one of its “25 Most Influential People in Portland” in 2013.
The senator was also named as one of “Five Guys Who Will Change Oregon” by Glamour Magazine.
Sen. Jeff Merkley Criticisms
Senator Merkley’s political career has remained largely free from controversy. In 2009, Republicans criticized the Senator for pushing the IRS to investigate conservative groups, citing it as an abuse of power [10].
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Jeff Merkley Biography
| Legal Name/Birth Name | Jeffrey Alan Merkley |
| Ed Markey Net Wort | $900,000 |
| Pseudonyms | Jeff |
| Sources of Wealth | Junior US Senator from Oregon, Mutual Funds, Real Estate, Retirement Pension |
| Date of Birth | October 24th, 1956 |
| Place of Birth | Myrtle Creek, Oregon, USA |
| Nationality | American |
| Gender | Male |
| Height | 6’ 2” (1.88m) |
| Weight | N/A |
| Religion | Protestant |
| Ethnicity | American |
| Marital Status | Married |
| Partner/Spouse | Mary Sorteberg (m. 1992) |
| Children | 2 |
| Names of Children | Brynne Merkley, Jonathan Merkley |
Frequently Asked Questions About Senator Jeff Merkley
What is Jeff Merkley Height?
Senator Jeff Merkley is 6 ft 2 inches in height.
Where is Jeff Merkley From?
Senator Jeff Merkley is from Myrtle Creek, Oregon, USA.
How old is Jeff Merkley?
Jeff Merkley was born on October 24th, 1956. He is currently 65 years old.
References
[1]. https://sec.report/Senate-Stock-Disclosures/Merkley/Jeffrey+A/35a828c4-a167-4862-93e8-179d72e700d4 – Jeff Merkley financial disclosure for 2020
[2]. https://www.senate.gov/senators/SenateSalariesSince1789.htm – Default Senate Salary
[3]. http://obits.arizonagravestones.org/view.php?id=38802 – Jeff Merkley parents
[4]. https://web.archive.org/web/20080121055452/http://www.jeffmerkley.com/2007/09/meet_jeff_merkl.php – Jeff Merkley working for Secretary of Defense
[5]. http://docs.newsbank.com/openurl?ctx_ver=z39.88-2004&rft_id=info:sid/iw.newsbank.com:NewsBank:ORGB&rft_val_format=info:ofi/fmt:kev:mtx:ctx&rft_dat=0EB08AC86CE90B5F&svc_dat=InfoWeb:aggregated5&req_dat=8CE642B8CA5C4083BE84A2539D6E1A73 – Jeff Merkley House of Representatives
[6]. http://www.oregonlive.com/politics/index.ssf/2008/11/merkley_declares_victory_thurs.html – Jeff Merkley wins Senate race
[7]. http://www.oregonlive.com/politics/index.ssf/2011/11/sen_jeff_merkleys_amendment_ca.html – Jeff Merkley amendment to Obama
[8]. https://www.usatoday.com/news/health/2010-07-28-breastpumping28_ST_N.htm – Jeff Merkley nursing mothers legislation
[9]. http://blog.oregonlive.com/oregonianspecial/2007/06/_the_democrats_regained_contro.html – Jeff Merkley Oregon Legislature achievements
[10]. https://www.oregonlive.com/mapes/2013/05/sen_jeff_merkley_gets_dragged.html – Jeff Merkley IRS controversy
