Rand Paul is an American physician, Kentucky senator, three-time Presidential candidate. Surprisingly, he is not reported to be a millionaire.
Senator Rand Paul net worth is estimated to be around $770,000, according to the various assets and liabilities included in his financial disclosure [1].
The Junior United States Senator gained his net worth through mutual funds, real estate, and business entities.
The Kentucky Junior Senator’s assets and liabilities are summarized below. We have included a more detailed breakdown of each asset and liability in our Rand Paul net worth estimate in the Appendix at the end.
| Assets | Value | Income |
| Mutual Funds | $266,020 – $865,000 | $3,610 – $15,000 |
| Real Estate | $120,007 – $375,000 | $5,001 – $16,200 |
| Business Entities | $75,005 – $250,000 | $0 – $105 |
| Total | ~$460k – ~$1,5M | $8.6k – $31k |
| Liabilities | Minimum Value | Maximum Value |
| Mortgage | $50,001 | $100,000 |
Table of Contents
Senator Rand Paul Assets and Liabilities
Senator Rand Paul has a net worth of approximately $770,000. This net worth estimate was determined by deducting his liabilities from his estimated assets.
Income Source 1: Salary as a US Senator
Sen. Rand Paul began serving as the Junior Senator for Kentucky in 2011. He receives the default Senator salary of $174,000 [2].
Income Source 2: Earnings from Assets
Sen. Rand Paul owns assets valued at between $461,032 and $1,490,000. This includes mutual funds, which provide income between $3,610 and $15,000. The Kentucky Senator also earns between $5,001 and $16,200 from real estate. Lastly, he earns between $0 and $105 from business entities.
Income Source 3: Earned and Non-Investment Income
Sen. Rand Paul received $56,250 in royalties from Harpercollins Publishers LLC, according to his 2020 financial disclosure.
Rand Paul Bio/Early Life
Randal Howard Paul was on January 7th, 1963, in the city of Pittsburgh in Pennsylvania. His parents are Carol Paul and libertarian politician Ron Paul.
Ron Paul is famous for being the United States representative for Texas as well as a three-time Presidential candidate. Rand was the middle child in his family. He has four siblings, Ronald Paul Jr, Robert Paul, Lori Paul Pyeatt, and Joy Paul-LeBlanc.
Randal Howard Paul was a practicing Christian in his youth. He was baptized at the Episcopal Church. Ron Paul moved to Lake Jackson in Texas with his family in 1968. Rand spent most of his youth in his city and notably attended the 1976 Republican National Convention after his father was elected to the House of Representatives [3].
Randal Howard Paul studied various Austrian economists as a teenager. He also had an interest in the literary works of libertarian author Ayn Rand. The young Paul attended Brazoswood High School and was involved with athletics such as football and swimming [4].
Randal Howard Paul later attended Baylor University between 1981 and 1984. While at Baylor University, he joined the Young Conservatives of Texas. He also gained admission into the Duke University School of Medicine and dropped out of Baylor University before completing his studies. Paul graduated with a Doctor of Medicine degree in 1988 before completing his residency in 1993 [5].
Rand Paul then moved to Bowling Green, Kentucky, where he began practicing as a physician. He specialized in performing glaucoma surgeries, cataract surgeries, corneal transplants, and LASIK procedures.
Political Career
Rand Paul held an interest in politics from an early age. He volunteered to help with his father’s Libertarian presidential campaign in 1988 while studying at the Duke University School of Medicine. He also founded the North Carolina Taxpayers Union and Kentucky Taxpayers United in the early 90s [6].
Rand Paul then managed his father’s congressional campaign in 1996 and helped him return to the House after a decade-long absence.
Rand Paul announced his bid to run for the United States Senate in August 2009 [7]. He then ran a “moneybomb” campaign and managed to raise $433,509 in just 24 hours. Following this, he ran many other fundraising campaigns.
Rand Paul won the Republican Senatorial primary on May 18th, 2010, beating his opponent by a 23% margin. He then went on to face Kentucky Attorney General Jack Conway and defeated him by securing 56% of the vote in the general election. He was sworn into the Senate on January 5th, 2011.
Senator Rand Paul Accomplishments
Senator Rand Paul has accomplished many things in his life. He founded the Southern Kentucky Lions Eye Clinic, which provided eye surgeries for patients who could not afford to pay [8].
As Senator, he spoke against the reauthorization of Section 215 of the Patriot Act for ten and a half hours in 2015. This effectively prevented the section of the Patriot Act from being reauthorized [9].
Senator Rand Paul Criticisms
Senator Rand Paul has faced much criticism during his career. The Kentucky Senator was accused of plagiarizing part of a speech from Wikipedia in October 2013 [10].
In September 2020, he voted against a COVID-19 aid package introduced by Senate leader Mitch McConnell [11].
Senator Rand Paul was also criticized for publicly stating he would not get the COVID-19 vaccine in September 2021 [12].
Similar Senator Net Worth and Income Articles:
- Ed Markey Net Worth And Income Sources
- Ben Cardin Net Worth And Income Sources
- Chris Van Hollen Net Worth And Income Sources
- Susan Collins Net Worth And Income Sources
- Angus King Net Worth And Income Sources
Rand Paul Biography
| Legal Name/Birth Name | Randal Howard Paul |
| Net Worth | $770,000 |
| Pseudonyms | Rand |
| Sources of Wealth | Junior US Senator from Kentucky, Mutual Funds, Real Estate |
| Date of Birth | January 7th, 1963 |
| Place of Birth | Pittsburgh, Pennsylvania, USA |
| Nationality | American |
| Gender | Male |
| Height | 173 cm |
| Weight | 71 kg |
| Religion | Christian |
| Ethnicity | White |
| Marital Status | Married |
| Wife | Kelley Paul (m. 1990) |
| Children | 3 |
| Names of Children | Duncan Paul, Robert Paul, William Paul |
Frequently Asked Questions About Rand Paul
Is Rand Paul a Republican? Was Rand Paul named after Ayn Rand?
Ron Paul was a fan of the works of libertarian author Ayn Rand. However, it is believed he did not name his son after her.
Where is Rand Paul from?
Senator Rand Paul is from Pittsburgh, Pennsylvania, USA.
Is Rand Paul a Republican?
Senator Rand Paul is a Republican and holds libertarian views.
Appendix
Rand Paul Net Worth from Mutual Funds
| Mutual Funds | Value | Income |
| JNMXX – Janus Money Market Fund D Share (NASDAQ) | $15,001 – $50,000 | None (or less than $201) |
| JGVXX – Janus Government Money Market F (NASDAQ) | $50,001 – $100,000 | None (or less than $201) |
| VBIAX – Vanguard Balanced Index Adm (NASDAQ) | $1,001 – $15,000 | $201 – $1,000 |
| VAIPX – Vanguard Inflation-Protected Secs Adm (NASDAQ) | $100,001 – $250,000 | $1,001 – $2,500 |
| VFITX – Vanguard Interm-Term Treasury Inv (NASDAQ) | $15,001 – $50,000 | $201 – $1,000 |
| VMMXX – Vanguard Money Market Reserves (NASDAQ) | $1,001 – $15,000 | None (or less than $201) |
| VGELX – Vanguard Energy Adm (NASDAQ) | $15,001 – $50,000 | $1,001 – $2,500 |
| VMFXX – Vanguard Money Market Reserves (NASDAQ) | $1,001 – $15,000 | None (or less than $201) |
| VTHRX – Vanguard Target Retirement 2030 Inv (NASDAQ) | $15,001 – $50,000 | $201 – $1,000 |
| VFIAX – Vanguard 500 Index Admiral (NASDAQ) | $1,001 – $15,000 | $201 – $1,000 |
| USAGX – USAA Precious Metals and Minerals (NASDAQ) | $15,001 – $50,000 | None (or less than $201) |
| RRPIX – ProFunds Rising Rates Opp Inv (NASDAQ) | $1,001 – $15,000 | None (or less than $201) |
| RYJUX – Rydex Inverse Gov Long Bond Strategy Inv (NASDAQ) | $1,001 – $15,000 | None (or less than $201) |
| JACNX – Janus Contrarian D (NASDAQ) | $15,001 – $50,000 | $201 – $1,000 |
| VBIAX – Vanguard Balanced Index Adm (NASDAQ) | $1,001 – $15,000 | $201 – $1,000 |
| VMMXX – Vanguard Money Market Reserves | $1,001 – $15,000 | None (or less than $201) |
| VIPSX – Vanguard Inflation-Protected Securities Fund Inves | $15,001 – $50,000 | $201 – $1,000 |
| JANBX – Janus Henderson Balanced Fund Class D | $1,001 – $15,000 | $201 – $1,000 |
| JNMCX – Janus Henderson Mid Cap Value Fund Class D | $1,001 – $15,000 | None (or less than $201) |
| VBTLX – Vanguard Total Bond Market Index Fund Admiral Share | $1,001 – $15,000 | None (or less than $201) |
| Total | $266,020 – $865,000 | $3,610 – $15,000 |
Rand Paul Net Worth from Real Estate
| Real Estate | Value | Income |
| Rental Property Description: Rental Property (Destin, FL) | $100,001 – $250,000 | $5,001 – $15,000 |
| Rental Property 1 Description: Rental Property (Lake Jackson, TX) | $1,001 – $15,000 | None (or less than $201) |
| Rental Property 2 Description: Rental Property (Lake Jackson, TX) | $1,001 – $15,000 | None (or less than $201) |
| Rental Property 3 Description: Rental Property (Lake Jackson, TX) | $1,001 – $15,000 | None (or less than $201) |
| Rental Property 4 Description: Rental Property (Lake Jackson, TX) | $15,001 – $50,000 | None (or less than $201) |
| Rental Property 5 Description: Farm Land (Lake Jackson, TX) | $1,001 – $15,000 | None (or less than $201) |
| Rental Property 6 Description: Rental Property (Lake Jackson, TX) | $1,001 – $15,000 | None (or less than $201) |
| Total | $120,007 – $375,000 | $5,001 – $16,200 |
Rand Paul Net Worth from Business Entities
| Business Entities | Value | Income |
| Chandler Real Estate Partners XV LP Company: Chandler Real Estate Partners XV Lp (Newport News, VA) Description: Investment in Rental Real Estate | $15,001 – $50,000 | None (or less than $201) |
| Chandler Real Estate Partners XIV LP Company: Chandler Real Estate Partners XIV LP (Newport News, VA) Description: Investment in rental real estate | $15,001 – $50,000 | None (or less than $201) |
| Chandler Real Estate Partners XIII LP Company: Chandler Real Estate Partners XIII LP (Newport News, VA) Description: Investment in rental real estate | $15,001 – $50,000 | None (or less than $201) |
| Chandler Real Estate Partners XIX LP Company: Chandler Real Estate Partners XIX LP (Newport News, VA) Description: Investment in rental real estate | $15,001 – $50,000 | None (or less than $201) |
| Chase Heritage Partners LP Company: Chase Heritage Partners LP (Newport News, VA) Description: Investment in rental real estate | $15,001 – $50,000 | None (or less than $201) |
| Total | $75,005 – $250,000 | $0 – $105 |
Sen. Rand Paul net worth from Liabilities
| Liabilities | Creditor | Minimum Value | Maximum Value |
| Mortgage | PNC Bank Dayton, OH | $50,001 | $100,000 |
References
[1]. https://sec.report/Senate-Stock-Disclosures/Paul/Rand/ffc1c882-f932-4788-951b-d9fff5b658b1 – Sen. Rand Paul financial disclosure for 2020
[2]. https://www.senate.gov/senators/SenateSalariesSince1789.htm – Kentucky Senator Rand Paul Senate salary
[3]. https://www.newyorker.com/magazine/2014/10/06/revenge-rand-paul – Rand Paul attended 1976 Republican National Convention
[4]. http://pqasb.pqarchiver.com/courier_journal/access/2166776301.html?FMT=ABS&FMTS=ABS:FT&type=current&date=Oct+18,+2010&author=Andrew+Wolfson&pub=Courier+-+Journal&edition=&startpage=n%2Fa&desc=Rand+Paul+rides+tide+of+anti-Washington+sentiment – Rand Paul high school
[5]. https://www.kentucky.com/news/politics-government/election/article44043144.html – Rand Paul Duke University School
[6]. https://www.nytimes.com/2014/01/26/us/politics/rand-pauls-mixed-inheritance.html – Rand Paul founded taxpayers unions
[7]. http://www.courier-journal.com/article/20090805/NEWS0106/908050401/Paul+says+he+will+run+for+Senate – Rand Paul announces Senate run
[8]. https://www.bgdailynews.com/news/rand-paul-s-balancing-act/article_3134ce1f-d32b-5098-8127-2a8f8b9dd592.html – Southern Kentucky Lions Eye Clinic
[9]. http://www.politico.com/story/2015/05/rand-paul-filibuster-patriot-act-118141.html – Senator Rand Paul opposes Section 215 of Patriot Act
[10]. http://www.courier-journal.com/article/20131028/NEWS01/310280057/Sen-Rand-Paul-warns-science-abortion-could-used-eliminate-undesirables – Senator Rand Paul speech plagiarism controversy
[11]. https://www.npr.org/2020/09/10/911414284/senate-gop-covid-relief-bill-fails-prospects-of-bipartisan-deal-before-election- – Senator Rand Paul opposes COVID-19 Relief Package
[12]. https://www.c-span.org/video/?c4979775/senator-paul-asserts-natural-immunity-good-covid-19-vaccine – Senator Rand Paul against getting COVID-19 vaccine
