Mike Lee Net Worth and Income Sources

Senator Mike Lee Net Worth Overview

Mike Lee Net Worth is about 150k according to reliable sources online.

Mike Lee is a senior US Senator from Utah.[1] His net worth consists of mutual funds and bank deposits.

Mike Lee Net Worth: US. Senator Mike Lee’s portrait in 2019.  Credit: Wikipedia Commons

Senator Investment and Assets

Sen. Lee has mainly invested in mutual funds. He also has savings accounts in banks.

The following table shows the net worth of Sen. Lee. The figures are calculated based on the financial information field with the SEC in 2020. [2]


Mike Lee Net WorthValue
Mutual Funds$115,002-$300,000
Bank Accounts$1,001-$15,000
Total$116,002 -$315,000

Sen. Mike Lee Net Worth is about $150k as per the publicly disclosed information submitted to the SEC in 2020.

Senator Mike Lee Income

Sen. Mike Lee earns income through two main sources. He has been earning income as a Senator since 2010. In addition, Sen. Lee has written four books. He receives royalties from his book publisher.

Income Source 1: Salary as a Senator

Sen. Mike Lee earns $174,000 as a Senator. He has been serving as the US Senator from Texas since 2010.

Sen. Mike Lee was furious after an ‘insulting’ Senate briefing on Trump’s Iran strike. Source: deseret.com

Caption: Sen. Mike speaking giving a presentation on Utah’s Mining Industry in 2021. Credit: Instagram@senmikelee

Income Source 2: Book Royalties

Sen. Mike Lee receives royalty income from publishers. He has written four books.

Income Source 3: Teaching

Sen. Mike Lee also teaches at university as a temporary staff member. He taught at Duke University in North Carolina for which he received non-employee compensation in 2020.


Book Royalties$4,000
Non-employee compensation$1,000

As per the 2020 financial report submitted with the SEC, Sen. Mike Lee earned $179,000 during the year. 

Mike Lee Net Worth: Sen. Mike Lee (R-UT) during the Sixth Annual #FlavorsofUtah event in 2021. Credit: Instagram@senmikelee

Mike Lee’s Bio/Early Life

Mike Lee was born on 4th June 1971. He was born in Mesa, Arizona. But he spent his childhood in Provo, Utah.

Lee has Swiss, Danish, and English ancestry. His father Rex E. Lee served as the Assistant US Attorney General from 1975 to 1976. Moreover, his father also served as the US Solicitor General from 1981 to 1985.

In 1989, Lee completed his high school degree from Timpview High School. He obtained his BA in political science degree from Brigham Young University in 1994. He obtained his Juris Doctor degree from the same college in 1997.

Lee married Sharon Burr in 1993. The couple has three children.

Mike Lee Net Worth: Mike Lee with his wife at Freedom Festival in 2021. Credit: Instagram@senmikelee

Mike Lee Career

Lee worked as a clerk for two years after completing his law degree. He worked for Judges Dee Benson and Samuel Alito in Utah. In 1999, Lee joined law firm Sidley Austin focusing on Supreme Court litigation and appellate.

From 2005 to 2006, Lee served as the general counsel to the Governor of Utah, Jon M. Huntsman Jr. He then worked as a clerk for Judge Alito again before joining law firm Howrey LLP.

In 2010, Lee campaigned for the United States Senate position from Utah. He won the primary election defeating rival Tim Bridgewater by a close margin. In the general election, Lee defeated Sam Granto of the Democratic party.

Lee won the 2016 US Senate election. A number of conservative organizations endorsed him, including the Club for Growth, the Senate Conservatives Fund, and the National Republican Senatorial Committee.

He defeated Democratic nominee Misty Snow in the general election by a clear margin. He became the dean of the congressional delegation of Utah after winning the election.

Lee endorsed Roy Moore in the special election runoff for the U.S. Attorney General. 

From 2019 to 2021, Lee was the chair of the Joint Economic Committee.

Lee has a conservative stance similar to most Republicans. He was ranked the most conservative member of the Senate by the New York Times in 2017.[x-1]

Lee endorsed Donald Trump (R) in the 2020 presidential election. He even compared President Trump to Captain Moroni, a heroic figure in the Book of Mormon, on October 28, 2020.

Sen. Lee clarifies ‘perhaps awkward’ comment comparing Trump to Book of Mormon figure | Fox 13

He is a critic of environmentalists. Along with 22 other Republican senators, Lee pressed on President Trump to reject the Paris Agreement. He has also rejected scientific evidence regarding climate change stating that it is a cheap ploy for public relations.

Lee opposes a carbon tax to combat climate change. During his sarcastic speech on the Senate floor, Lee said the solution to climate change is to replace airplanes with Star Wars animals from Hoth and giant seahorses. 

Lee is also opposed to LGBT rights. He criticized the Inter-American Court of Human Rights for supporting same-sex marriage in Costa Rica. In 2019, he also attacked the Equality Act saying that it divides communities.

Lee voted against creating an independent commission to investigate the riot on May 28, 2021.

Mike Lee Accomplishments

Mike Lee: Senate impeachment trial will end in Trump’s acquittal | Fox News

Mike Lee was awarded the Eagle Scout by the Boy Scouts of America in 1989. In 2011, he earned the National Eagle Scout Association Outstanding Eagle Scout Award (NOESA).[x-last] This award is given to the top one percent of the Eagle Scouts for exceptional community service.

Lee voted 80 percent with the Republican Party, ranking 41st among the 46 Senate Republican members in June 2013.

Similar Senator Net Worth and Income Articles:

Mike Lee Biography 

Legal Name/Birth NameMichael Shumway Lee
Mike Lee Net Worth$111,021
Sources of WealthSenior US Senator from Utah
Date of Birth4th June 1971
Place of BirthMesa, Arizona
Marital StatusMarried
Partner/SpouseSharon Burr
Names of ChildrenEliza Rose Lee, John David Lee, and James Rex Lee.

Frequently Asked Questions About Mike Lee

Where is Senator Lee from?

Senator Mike Lee (R-UT) was born and raised in Mesa, Arizona.

Who is Mike Lee’s father?

Mike Lee’s father is Rex E. Lee. His father was a United States Solicitor General from 1981 to 1985.

Where did Mike Lee go to college?

Mike Lee attended Brigham Young University and J. Reuben Clark Law School.

Is Mike Lee married?

Mike Lee married Sharon Lee in 1993. The couple has three children.


[1]. https://www.legistorm.com/person/bio/151827/Michael_Shumway_Lee.html – Sen. Mike Lee (R-UT) salary information.

[2]. https://sec.report/Senate-Stock-Disclosures/Lee/Michael+S/af2f05af-b704-4ef7-ad44-051b3109a2de- Sen. Mike Lee’s SEC financial statement filed in 2020.

[3]. https://www.nytimes.com/interactive/2017/07/25/us/politics/senate-votes-repeal-obamacare.html – An NY article ranking Senate members using its NOMINATE system.

[4]. https://web.archive.org/web/20110904233621/http://www.utahscouts.org/openrosters/ViewOrgPageLink.asp?LinkKey=41715&orgkey=2196 – Sen. Michael Lee winning the NOESA award in 2011.

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