Tim Kaine Net Worth and Income Sources

Senator Tim Kaine Net Worth Overview

Tim Kaine Net Worth is about $10 million according to reliable sources online.

Tim Kaine is a junior US Senator from Virginia. His net worth is composed of corporate securities and bank deposits.

Tim Kaine Net Worth: US. Senator of Virginia portrait photo in 2019.  Credit: Wikipedia Commons

Senator Investment and Assets

Sen. Kaine has invested in different corporate stocks. The following table summarizes the net worth of Sen. Kaine. The information about Sen. Tim Kaine Net Worth is based on the financial statement he had submitted with the SEC in 2020. [1]

Summary

Tim Kaine Net WorthValue
Corporate Securities$4,015,009-$8,050,000
Bank Deposit$101,002-$265,000
A/C Receivable$50,001-$100,000
Total$4,166,012-$8,415,000

As per the publicly available financial report submitted with the SEC, Sen. Tim Kaine’s net worth was between $4,166,012 and $8,415,000 in 2020.

 Senator Tim Kaine Income

Sen. Tim Kaine’s main source of income is the salary He earns as a Virginia Senator. He did not earn any income from his investment in corporate securities in 2020.

The following section summarizes the main income sources of Sen. Kain as per the financial statement he filed with the SEC.

Income Source 1: Salary as a Senator

Sen. Tim Kaine’s only source of income is his salary as the senator of Virginia was $174,000 in 2020. [2]

Tim Kaine Net Worth: Tim Kaine listens to US senator George Allen during a press interview in 2006. Credit: Instagram@senwhitehouse

Summary

SourcesIncome
Corporate Stocks and Mutual Funds$174,000
Total$174,000

Sen. Tim Kaine net worth based on the financial report he had filed with the SEC in 2020 was $174,000.   

Tim Kaine Net Worth: Tim Kaine inside an F-14 Tomcat during a tour of the US naval base in 2003. Credit: Wikipedia Commons

Tim Kaine’s Bio/Early Life

Time Kaine was born in Saint Paul, Minnesota on 26th February 1958.  He is the eldest son of Albert Alexander Kaine and Mary Kathleen.  His parents had mixed Irish and Scottish ancestry.

Kaine spent most of his childhood in Kansas City. He graduated from Rockhurst High School. He enrolled at the University of Missouri and completed his BA in economics in 1979.  He received his Juris Doctor (JD) degree from Harvard Law School in 1983.

Kaine married fellow Harvard law student Anne Holton in 1984. The couple has three children. 

Tim Kaine Net Worth: Tim Kaine talking with the staff at the DAMS Center in Sterling. Credit: Instagram@timkaine

Tim Kaine Career

Kaine started work as a law clerk after graduating from Harvard. He served on the US Court of Appeals Judge R. Lanier Anderson III. He later joined the law firm Parsley & Cluverius, PC in Richmond.

In 1987, Kaine worked as the director of Mezzullo & McCandish, P.C. He practiced as an attorney for about 17 years. His area of specialization was fair housing law.

Kaine also served as a board member of the Housing Opportunities Made Equal in Virginia. He had represented the company in a case against Nationwide Mutual Insurance Co. Kaine helped the company in getting $17.5 million from the insurance company.

In 1994, Kaine took part in Richmond city’s council election. He won the 2nd district member election defeating incumbent Benjamin P.A. Warthen. Kaine became the mayor of Richmond from 1998 to 2001.

In 2001, Kaine contested for the lieutenant governor of Virginia. He won the closely contested race and defeated Republican opponent Jay Katzen.

Kaine campaigned for the governor of Virginia role in 2005. He defeated Republican Jerry W. Kilgore. His sworn-in ceremony was held at the Colonial Capital. He was the first governor since Thomas Jefferson to be sworn in at the place in 2006.

In 2009, Kaine served as the chair of the Democratic National Committee. He worked part-time at the University of Richmond at the end of his governor term in 2010.

In 2012, Kaine contested for the United States Senate position in Virginia. He won the general election defeating Republican nominee and Virginia governor George Allen.

Kaine endorsed Hillary Clinton during her presidential campaign in 2016. He was chosen as Clinton’s running mate. The 2016 Democratic National Convention chose him as the party’s vice-presidential candidate. Despite winning the popular vote, they lost the election to the Republican pair of Trump and Pence in the election. It was the only election that he lost in his political career. However, Clinton-Pence did win the Democratic ticket in Virginia. Critics largely attributed the win to Kaine.

Time Kaine has a conservative political stance. He is one of the few Democrats in the Senate having a conservative approach to issues.

Tim Kaine Accomplishments

Tim Kaine Fast Facts | CNN Politics
  • Kaine was the student body president of the debate team at Rockhurst High School. 
  • Worked on bipartisan legislation that increased college affordability and student loan reform
  • Championed economic development and job creation in Virginia
  • Served as Chairman of the Foreign Relations Committee and as the ranking member of the Armed Services and Budget Committees
  • Fought to end human trafficking and protect Virginia children
  • Championed equal pay for women in the workplace, fought to pass legislation that prohibits wage discrimination based on race or gender
  • Supports increasing access to women’s health care, including family planning and birth control
  • Led efforts in the Senate to pass legislation that would prohibit discrimination against women in the workplace
  • Served as co-chair of the bipartisan Women’s Senate Network 


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Tim Kaine Biography 

Legal Name/Birth NameTimothy Michael Kaine
Tim Kaine Net Worth$10,000,000
PseudonymsN/A
Sources of WealthJunior US Senator from Virginia
Date of Birth26th February 1958
Place of BirthSaint Paul, Minnesota
NationalityAmerican
GenderMale
Height1.78 m (5ft 10in)
Weight172 lbs (78 kg)
ReligionCatholic
EthnicityWhite
Marital StatusMarried
Partner/SpouseTimothy Michael Kaine
Children3
Names of ChildrenWoody Kaine, Nat Kaine, Anella Kaine

Frequently Asked Questions About Tim Kaine

Who is the Virginia senator now?

Senator Tim Kaine (D-VA) and Mark Warner (D-VA) were serving as the junior and senior US senators from Virginia.

Where is Senator Kaine from?

Tim Kaine was born and raised in St. Paul in Minnesota.

Where is Time Kane now?

Time Kane is living in Palo Alto, California.

What district is Mark Warner in?

Mark Warner has been serving as the US Senator from Virginia since 2009.

Tim Kaine Net Worth References 

[1]. https://sec.report/Senate-Stock-Disclosures/Kaine/Timothy+M/8c5a922e-6f4f-4b68-a0de-e64627a1cd9e – Sen. Tim Kaine (D-VA) publicly disclosed financial information in 2022.

[2]. https://www.legistorm.com/person/bio/175490/Timothy_Michael_Kaine.html – Salary data of Sen. Tim Kaine (D-VA) in 2022.


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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.

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