Tammy Duckworth Net‌ ‌Worth And Income Sources

Tammy Duckworth Net‌ ‌Worth is estimated to be approximately $700,000, according to the assets and liabilities specified in her financial disclosure [1].

The Illinois Junior Senator gained her net worth through mutual funds, government bonds, and corporate investments.

Senator Tammy Duckworth Assets and Liabilities

Senator Duckworth’s net worth is estimated to be around $700,000. This was calculated by deducting her estimated liabilities from her estimated assets.

The Illinois Junior Senator’s assets [2] and liabilities [3] are summarized below.

Tammy Duckworth AssetsMinimum ValueMaximum Value
Mutual Funds$143,045$926,000
Government Bonds$5,005$75,000
Corporate Investments$17,003$82,000
Total$165,0531,083,000
LiabilitiesMinimum ValueMaximum Value
Mortgages + Line of Credit$1,180,005$5,450,000

We have included a detailed breakdown of Senator Duckworth’s assets and liabilities in the Appendix at the end.

Sen. Tammy Duckworth is the daughter of an American Army Officer.  Credit: Britannica

Senator Tammy Duckworth Income

Senator Tammy Duckworth earns income from various different sources. She earns $174,000 per year as a Junior United States Senator [4].

The Illinois Senator also likely earns money from mutual funds, government bonds, and corporate investments. However, her earnings from these sources are unknown.

Income Source 1: Salary as a U.S. Senator

Senator Ben Cardin was elected to the United States Senate in 2016. She receives the default Senator salary of $174,000

Sen. Tammy Duckworth is originally from Bangkok, Thailand.  Credit: ABC News

Income Source 2: Earnings from Assets

Senator Duckworth owns assets valued at between $165,053 and $1,083,000. This consists of mutual funds valued at between $143,045 and $926,000.

She also owns government bonds valued at between $5,005 and $75,000. Lastly, the Illinois Senator has corporate investments valued at between $17,003 and $82,000.

Senator Duckworth has not disclosed her earnings from these assets. This makes it difficult to include an accurate figure of her income from this source.

Tammy Duckworth is an Iraq War Veteran, Purple Heart recipient and former Assistant Secretary of the U.S. Department of Veterans Affairs who was among the first handful of Army women to fly combat missions during Operation Iraqi Freedom. Credit: Audacy.com

Tammy Duckworth Bio/Early Life

Ladda Tammy Duckworth was born on March 12th, 1968, in Bangkok, Thailand. Her father was American Army veteran Franklin Duckworth. Her mother is Lamai Sompornpairin, a woman of Thai-Chinese descent from Chiang Mai.

Franklin Duckworth worked with the United Nations and other international companies that focused on development programs and housing. For this reason, the Duckworth family frequently moved to different regions across Southeast Asia.

Tammy Duckworth attended multiple schools in her youth. This included the Singapore American School, Jakarta Intercultural School [5], and the International School Bangkok. The Duckworth family moved to Honolulu, Hawaii, when she was 16. 

Tammy is considered a natural-born American citizen because Franklin Duckworth was American. In Honolulu, she attended McKinley High School and graduated in 1986. She participated heavily in athletics such as track and field while studying at McKinley High School.

Tammy Duckworth’s transition between the Asian schooling system and the American schooling system at McKinley High School resulted in her missing half of the ninth and tenth grades. Duckworth joined the Girl Scouts of America and earned a Gold Award for her achievements around this time.

Her father, Franklin Duckworth, was unemployed for a while after the family moved to the United States. As a result, they relied on family assistance temporarily. Tammy went to the University of Hawaii at Manoa to pursue higher education. She graduated with a Bachelor of Arts in political science in 1989 [6].

Tammy Duckworth then studied at George Washington University’s Elliott School of International Affairs. Duckworth received her Master of Arts in international affairs in 1992 after graduating from the School of International Affairs.

Tammy Duckworth then began pursuing a Ph.D. at Northern Illinois University. However, she did not complete her program due to her war service. Duckworth had joined the United States Army Reserve Officers’ Training Corps while studying at George Washington University in 1990 [7]. She was appointed as a commissioned officer for the United States Army Reserve and became a helicopter pilot in 1992. Duckworth chose this job because it was one of the few combat roles offered to women at the time.

Tammy Duckworth then attended flight school before transferring into the Illinois Army  National Guard in 1996 [8]. She was then deployed to Iraq in 2004 and was forced to leave her Ph.D. program at Northern Illinois University.

Duckworth suffered injuries during her deployment in 2004 after a helicopter she was co-piloting was struck by a rocket-propelled grenade. Due to this incident, she lost her left leg below the knee and her right leg near the hip.

Tammy Duckworth notably received a purple heart for her service and was promoted to the rank of Major while being treated at the Walter Reed Army Medical Center. She retired from her role in the Illinois Army National Guard as a lieutenant colonel in October 2014 [9].

Sen. Tammy Duckworth became Junior Senator from Illinois in 2016 .  Credit: The New York Times

Political Career

Tammy Duckworth began her political career by running for Congress in 2006. She campaigned after Republican Henry Hyde announced his retirement. Duckworth managed to win the Democratic Primary by securing 44% of the vote. She was also endorsed by many groups, including EMILY’s List and Brady Campaign to Prevent Gun Violence. 

Duckworth lost the election by only 4,810 votes [10]. She was then appointed as the director of the Illinois Department of Veterans by Illinois Governor Rod Blagojevich. Duckworth worked for the Illinois Department of Veterans until 2009. 

As a director, Tammy Duckworth started the Illinois Department of Veterans program to assist veterans suffering from post-traumatic stress disorder as well as those with brain injuries.

Tammy Duckworth ran for Illinois’s 8th Congressional District and began campaigning in July 2011. She managed to defeat Illinois’s former Deputy Treasurer Raja Krishnamoorthi and secured the Democratic Nomination in March 2012. She then defeated Republican Joe Walsh in the General Election in November 2012.

Tammy Duckworth ran again during the 2014 General Election and defeated Republican Larry Kaifesh by securing 56% of the vote.

Tammy Duckworth began campaigning for United States Senate in March 2015. She challenged Republican Mark Kirk for his Senate seat in the 2016 election. Mark Kirk was initially favored to win the election. However, he made public comments during a televised debate that caused many groups to switch their support over to Duckworth.

Tammy Duckworth also received a notable endorsement from President Barack Obama. She defeated Mark Kirk by securing 54% of the vote.

Sen. Tammy Duckworth held many progressive positions as Junior Senator from Illinois. She was among a dozen senators to sign a letter advocating that the Energy Department devote more funding towards carbon capture, utilization, and storage initiatives. She also participated in the 2016 Chris Murphy gun control filibuster.

Sen. Tammy Duckworth has also publicly expressed her support for abortion rights as well as the Affordable Care Act. On immigration, the Illinois Junior Senator stated she would admit 100,000 Syrian refugees to the United States. 

Senator Duckworth Accomplishments 

Sen. Tammy Duckworth has accomplished many things during her career. She has received over ten military honors for her service. She is the first female American double amputee from the Iraq War. She is also the first woman with a disability to be elected to Congress.

In 2018, Sen. Tammy Duckworth became the first United States Senator to give birth while in office. She also helped pass a Senate resolution that allowed Senators to bring children under the age of one to the Senate floor during voting.

Senator Duckworth Criticisms

Sen. Tammy Duckworth’s career has remained largely free of controversy. In 2009, she faced a lawsuit from two employees while heading the Illinois Department of Veteran Affairs. The employees claimed that one of them had been wrongfully terminated, and that the other had been threatened for reporting veteran abuse and misconduct [11].




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Tammy Duckworth Biography 

Legal Name/Birth NameLadda Tammy Duckworth
Net Worth $700,000
PseudonymsTammy
Sources of WealthJunior US Senator from Illinois,Mutual Funds, Government Bonds, Corporate Investments, Army Service
Date of BirthMarch 12th, 1968
Place of BirthBangkok, Thailand
NationalityAmerican
GenderFemale
HeightN/A
WeightN/A
ReligionDeism
EthnicityThai American
Marital StatusMarried 
Partner/SpouseBryan Bowlsbey (m. 1993)
Children2
Names of ChildrenAbigail O’kalani Bowlsbey, Maile Pearl Bowlsbey

Frequently Asked Questions About Tammy Duckworth

Is Tammy Duckworth disabled?

Sen. Tammy Duckworth sustained injuries while serving in Iraq. She lost one leg below the knee and another near the hip.

Did President Barack Obama endorse Tammy Duckworth?

President Obama endorsed Tammy Duckworth while she was campaigning for the Junior United States Senator position in 2016.

Where Did Sen. Tammy Duckworth study?

Sen. Tammy Duckworth studied at multiple schools in Asia. This includes the Singapore American School, Jakarta Intercultural School, and the International School Bangkok. She then pursued her higher education at the University of Hawaii, George Washington University, and Northern Illinois University.

Appendix

Tammy Duckworth’s Net Worth from Mutual Funds

Mutual FundsMinimum ValueMaximum Value
Vanguard Dividend Appreciation ETF$30,002$100,000
Vanguard Small-Cap ETF$4,004$60,000
Vanguard Growth ETF$4,004$60,000
VEU-Vanguard FTSE All-Wld ex-US ETF$15,001$50,000
Vanguard FTSE All-World ex-US ETF$15,001$50,000
American Funds New Perspective Fund$15,001$50,000
American Funds Investment Co of America Fund$15,001$50,000
American Funds Income Fund of America$15,001$50,000
Vanguard Mid-Cap ETF$3,003$45,000
Vanguard FTSE All-World ex-US Small-Cap ETF$2,002$32,000
Vanguard FTSE Emerging Markets ETF$2,002$31,000
iShares MSCI EAFE Growth ETF$2,002$30,000
Vanguard Value ETF$1,001$17,000
Vanguard Short-Term Bond Index Fund ETF Shares$1,001$15,000
Vanguard Short-Term Bond Index Fund ETF Shar$1,001$15,000
Vanguard International High Dividend Yield Index F$1,001$15,000
Vanguard International Growth Fund Admiral Shares$1,001$15,000
Vanguard Intermediate-Term Bond ETF$1,001$15,000
Vanguard High Dividend Yield ETF$1,001$15,000
SPDR S&P Dividend ETF$1,001$15,000
SDY-SPDR S&P Dividend ETF$1,001$15,000
Principal LifeTime 2030 Fund Institutional$1,001$15,000
PIREX – Principal Real Estate Securities Fund Inst$1,001$15,000
PCBIX-Principal MidCap Institutional$1,001$15,000
JPMorgan Equity Income R6$1,001$15,000
DODIX-Dodge & Cox Income$1,001$15,000
ClearBridge Large Cap Growth$1,001$15,000
BlackRock Strategic Income Opportunities Fund$1,001$15,000
Artisan International Value Investor$1,001$15,000
American Funds Tax Exempt Bond Fund$1,001$15,000
American Funds New World Fund$1,001$15,000
American Funds Capital Income Builder Fund$1,001$15,000
American Cap World Growth Income Fund$1,001$15,000
FGORX-Franklin US Government Secs R6$0$1,000
Total$143,045$926,000

Tammy Duckworth Net Worth from Government Bonds

Government BondMinimum ValueMaximum Value
Vanguard Bond Intermediate-Term ETF$2,002$30,000
Vanguard Short-Term Bond ETF$1,001$15,000
Federated Institutional High Yield Bond Fund Insti$1,001$15,000
DoubleLine Low Duration Bond Fund$1,001$15,000
Total$5,005$75,000

Tammy Duckworth Net Worth from Corporate Investments

Corporate InvestmentMinimum ValueMaximum Value
Illinois Tool Works$15,001$50,000
Walt Disney Co$1,001$15,000
Verizon Communications$1,001$15,000
Mondelez International$0$1,000
General Electric$0$1,000
Total$17,003$82,000
LiabilitiesTypeMinimum ValueMaximum Value
Edward Jones Investments Streamwood, ILLine of Credit$15,001$50,000
Frank Perna Sr Great Falls, VAMortgage$100,001$250,000
Freedom Mortgage Indianapolis, INMortgage$1,000,001$5,000,000
The June Matlick Trust FBO Olivia K Perna Great FaMortgage$15,001$50,000
USAA Federal Savings BankMortgage$50,001$100,000
Total $1,180,005$5,450,000

References

[1]. https://www.opensecrets.org/personal-finances/net-worth?cid=N00027860&year=2018 – Senator Duckworth net worth

[2]. https://www.opensecrets.org/personal-finances/tammy-duckworth/assets?cid=N00027860&year=2018 – Senator’s assets

[3]. https://www.opensecrets.org/personal-finances/tammy-duckworth/liabilities?cid=N00027860&year=2018 – Senator’s liabilities

[4]. https://www.washingtonpost.com/news/post-politics/wp/2013/02/27/tammy-duckworth-to-take-8-4-percent-pay-cut-if-sequester-happens/ – Senator default salary

[5]. https://www.jisedu.or.id/about-jis/alumni – Sen. Tammy Duckworth studied at Jakarta Intercultural School

[6]. http://the.honoluluadvertiser.com/article/2006/Jan/08/ln/FP601080334.html – Sen. Tammy Duckworth education

[7]. https://web.archive.org/web/20070711122052/http://defendamerica.mil/profiles/jan2005/pr010605a.html – Sen. Tammy Duckworth joins Army Corps

[8]. https://web.archive.org/web/20070711122052/http://defendamerica.mil/profiles/jan2005/pr010605a.html – Sen. Tammy Duckworth joins National Guard

[9]. https://web.archive.org/web/20141020185702/http://www.il.ngb.army.mil/PAO/newsrelease.aspx?id=1146 – Sen. Tammy Duckworth retires from military service

[10]. http://www.cnn.com/ELECTION/2006//pages/results/states/IL/index.html – Sen. Tammy Duckworth lost the Congress election

[11]. https://qctimes.com/news/local/government-and-politics/elections/duckworth-whistleblower-trial-date-set/article_9a8cd310-28c6-56ef-8c16-cac28ce00df7.html – Sen. Tammy Duckworth lawsuit


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