Tom Carper Net‌ ‌Worth and Income Sources

Senator Tom Carper Net Worth Overview

Senator Tom Carper net worth is estimated between $2.8 million and $8.6 million, according to his financial disclosure. 

The Delaware Senator’s net worth comes from real estate, mutual funds, and other investments [1].

Senator Tom Carper Investment and Assets

Senator Tom Carper’s net worth is estimated at approximately $5.7 million. This was determined by averaging the $2.8 million and $8.6 million estimates above.

The Delaware Senator’s assets are summarized below.

AssetsMinimum ValueMaximum Value
Mutual Funds$157,059$1,130,000
Government Bonds$33,005$145,000
Real Estate$1,251,004$2,515,000
Corporate Investments$915,103$3,325,000

We have provided a detailed breakdown of these assets in the Appendix at the end.

Senator Tom Carper Income

Senator Tom Carper earns income from many different sources. He earns $174,000 per year as a member of the United States Senate [2].

He also likely earns money from real estate, government bonds, mutual funds, and corporate investments. However, his earnings from these sources aren’t known.

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

Senator Carper began serving as the senior Senator for Delaware in 2001. He receives the default Senator salary of $174,000 [2]. The Senator was re-elected in 2006, 2012, and 2018.

Tom Carper has been re-elected as Senator three times.  Credit: The Intercept

Income Source 2: Earnings from Assets

Senator Carper owns between $2,356,171 and $7,115,000 in assets according to his financial disclosure [1]. This includes mutual funds, government bonds, real estate, land, and corporate investments. There is no public information on the Senator’s earnings from his assets. This makes it difficult to provide an accurate figure of his earnings from this income source.

Senator Tom Carper has many accomplishments.  Credit: NBC News

Tom Carper Bio/Early Life

Thomas Richard Carper was born on January 23rd, 1947 in Beckley, West Virginia, USA. He is the song of Mary Jean Patton and Wallace Richard Carper. 

The young Carper was raised in Virginia and attended Ohio State University. He received a NAVY R.O.T.C scholarship and graduated with a Bachelor of Arts in Economics in 1968. In 1978, he married former Miss Delaware winner Diane Beverly 

Tom Carper served for five years as a naval flight officer. He completed three tour in Vietnam. He retired in 1991 after serving the military for 23 years.

Political Career

Tom Carper was elected as Delaware’s state treasurer in 1976. He completed three terms at a time when the state was known for having the worst credit rating in America. Carper also helped overhaul education in the state. He then completed five terms as a U.S Congressman.

Tom Carper was elected as Delaware’s 78th governor in 1992, serving two terms in the role. He stepped down from this governor role in 2001 to become junior Senator for Delaware. The Senator was then re-elected to the Senate in 2006, 2012, and 2018 [3].

Senator Tom Carper Accomplishments 

Senator Carper has many accomplishments under his belt. He worked on improving the environment, reforming the healthcare system, making Federal programs more efficient. He also attempted to overhaul education in Delaware in the late 1970s.

The Senator also helped create the Affordable Care Act, hoping to reduce costs and offer better results for Americans.

In 2004, he opposed President Bush’s attempts to enact a new constitutional amendment that would define marriage as being between one man and one woman. The became a vocal supporter of gay marriage in 2013.

Sen. Carper was also became chairman for the Senate Committee on Homeland Security and Governmental Affairs in 2013. This Homeland Security and Governmental Affairs position helped elevate his status as an American politician.

Senator Tom Carper Controversies

Senator Carper has received criticism for co-writing the Protecting Cyberspace as a National Asset Act of 2010. This bill would have granted the President powers over the internet.

Senator Tom Carper holds a Youtube Town Hall: 

Similar Senator Net Worth and Income Articles:

Tom Carper Biography 

Legal Name/Birth NameThomas Richard Carper
Net Worth $5.7 million
Sources of WealthSenior US Senator from Delaware, Senate Committee,Government Bonds,Real Estate, Mutual Funds, Corporate Investments
Date of BirthJanuary 23rd, 1947
Place of BirthBeckley, West Virginia, United States
Marital StatusMarried 
Partner/SpouseMarried Diane Beverly Isaacs, married 1978; divorced: 1983)Martha Ann Stacy, married 1985
Names of ChildrenChristopher Carper, Benjamin Carper

Frequently Asked Questions About Tom Carper

What is Tom Carper known for?

Senator Tom Carper is a famous politician known for being the senior Senator from Delaware. 

Where is Senator Carper from?

Senator Tom Carper is from Beckley, West Virginia, United States.

How Many Times has Senator Carper Been Re-elected?

Senator Tom Carper has been re-elected to the Senate three times. This includes re-elections in 2006, 2012, 2018.

Is Senator Carper a Democrat?

Senator Carper is a member of the Democratic Party. Senator Joe Lieberman sponsored a cybersecurity bill that Senator Carper wrote.


Tom Carper’s Net Worth from Mutual Funds

Mutual FundsMinimum ValueMaximum Value
First Trust Dow Jones Internet ETF$16,002$65,000
SPDR S&P MidCap 400$15,001$50,000
SPDR S&P 500 ETF Trust$15,001$50,000
Nuveen Intermediate Duration Mu$15,001$50,000
Lord Abbett Ultra Short Bond Fund$15,001$50,000
Invesco Pacific Growth Fund$15,001$50,000
Citigroup Fixed to Floater Bond$15,001$50,000
Western Asset/Claymore Inflation-Linked Opp Fund$2,002$30,000
SPDR Gold Shares ETF$2,002$30,000
QLEIX – AQR Long-Short Equity I$2,002$30,000
MBXIX – Catalyst/Millburn Hedge Strategy Fund Clas$2,002$30,000
iShares MSCI Emerging Markets ETF$2,002$30,000
iShares iBonds Dec 2019 Term Corporate ETF$2,002$30,000
WisdomTree US SmallCap Qual Div Gr ETF$1,001$15,000
Wisdom Tree US S Cap Dividend Growth$1,001$15,000
VictoryShares US 500 Volatility Wtd ETF$1,001$15,000
Vanguard S&P Mid-Cap 400 ETF$1,001$15,000
VanEck Vectors Junior Gold Miners ETF$1,001$15,000
SPDR S&P Aerospace & Defense ETF$1,001$15,000
SPDR EURO STOXX 50 ETF$1,001$15,000
QLEIX-AQR Long-Short Equity I$1,001$15,000
Pacer Trendpilot US Mid Cap ETF$1,001$15,000
Pacer Trendpilot US Large Cap ETF ET$1,001$15,000
Pacer Trendpilot 100 ETF$1,001$15,000
Oakmark International Investor$1,001$15,000
Neuberger Berman MLP Income Fund Inc$1,001$15,000
LGI – Lazard Global Total Return & Income Fund,$1,001$15,000
Lazard World Dividend & Income Fund Inc$1,001$15,000
KWEB – KraneShares CSI China Internet ETF$1,001$15,000
KraneShares Bosera MSCI China A ETF$1,001$15,000
iShares US Regional Banks ETF$1,001$15,000
iShares S&P SmallCap 600 Value ETF$1,001$15,000
iShares S&P GSCI Commodity-Indexed Trust$1,001$15,000
iShares Russell 2000 Value ETF$1,001$15,000
iShares Russell 1000 Value ETF$1,001$15,000
iShares iBonds Dec 2020 Term Corporate ETF$1,001$15,000
iShares Core S&P Small-Cap ETF$1,001$15,000
iShares Core S&P 500 ETF$1,001$15,000
iShares China Large-Cap ETF$1,001$15,000
iShares China Large Cap ETF$1,001$15,000
Invesco NASDAQ Internet ETF$1,001$15,000
Hartford Multifactor Developed Markets ETF$1,001$15,000
Global X Robotics & Artificial Intelligence ETF$1,001$15,000
Global X FinTech ETF$1,001$15,000
First Trust NASDAQ Cybersecurity ETF$1,001$15,000
First Trust Emerging Markets Small Cap AlphaDEX Fu$1,001$15,000
First Trust Emerging Markets SC AlphaDEX ETF$1,001$15,000
Fidelity Advisor Intl Small Cap A$1,001$15,000
Fidelity Advisor Intl Capital Appreciation Fund$1,001$15,000
Fidelity Advisor Emerging Markets I$1,001$15,000
Fidelity Advisor Emerging Markets Fund$1,001$15,000
ClearBridge Energy MLP Fund Inc$1,001$15,000

Tom Carper Net Worth from Land and Real Estate

Land/Real EstateMinimum ValueMaximum Value
Unimproved LandDescription: Undeveloped farm land$500,001$1,000,000
Rental Property/Washington, DC$500,001$1,000,000
Unimproved land$250,001$500,000
Omega Healthcare Investors$1,001$15,000

Tom Carper Net Worth from Government Bonds

Government BondMinimum ValueMaximum Value
MS FLT Rate CMS$15,001$50,000
MS CPI and SPX Floating Rate Principal Protection$15,001$50,000
Government Properties Inc$1,001$15,000
Dominion Energy Inc$1,001$15,000
Barclays Step-Up Callable NoteRate$1,001$15,000

Tom Carper Net Worth from Corporate Investments 

InvestmentMinimum ValueMaximum Value
T-C Lifecycle 2020 Tr$250,001$500,000
DowDuPont Inc$152,004$380,000
Lincoln National Corp$115,002$300,000
Apple Inc$101,002$265,000
Alphabet Inc$50,001$100,000
Johnson & Johnson$17,003$80,000
The Chemours Co$16,002$65,000
Owens & Minor$16,002$65,000
MetLife Inc$16,002$65,000
Honeywell International$16,002$65,000
Vanguard Health Care ETF$15,001$50,000
Prudential Jennison Global Opps A$15,001$50,000
Enbridge Inc$15,001$50,000
Duke Energy Corp$15,001$50,000
Boeing Co$15,001$50,000$15,001$50,000
Cisco Systems$3,003$45,000
Verizon Communications$2,002$30,000
Under Armour Inc$2,002$30,000
Under Armour$2,002$30,000
Pembina Pipeline Corp$2,002$30,000
AbbVie Inc$2,002$30,000
Williams Companies$1,001$15,000
Welltower Inc$1,001$15,000
Wells Fargo & Co$1,001$15,000
Walt Disney Co$1,001$15,000
Vodafone Group Plc$1,001$15,000
Visa Inc$1,001$15,000
VF Corp$1,001$15,000
Verizon Communications$1,001$15,000
Vector Group Ltd$1,001$15,000
Tyson Foods Inc$1,001$15,000
TransAlta Renewables Inc$1,001$15,000
Total SA$1,001$15,000
Thermo Fisher Scientific$1,001$15,000
Tencent Holdings Limited$1,001$15,000
TELUS Corp$1,001$15,000
Sprott Physical Gold and Silver TrustFiler commen$1,001$15,000
Sprott Physical Gold & Silver Trust$1,001$15,000
SPDR S&P Aerospace & Defense ETF$1,001$15,000
ResMed Inc$1,001$15,000
Raytheon Co$1,001$15,000
QUALCOMM Inc$1,001$15,000
Procter & Gamble Co$1,001$15,000
Procter & Gamble$1,001$15,000
Pfizer Inc$1,001$15,000
Packaging Corp of America$1,001$15,000
Omega Healthcare Investors Inc$1,001$15,000
NVIDIA Corp$1,001$15,000
NIKE Inc$1,001$15,000
Newell Brands Inc$1,001$15,000
Microsoft Corp$1,001$15,000
Medical Properties Trust Inc$1,001$15,000
Marathon Petroleum Corp$1,001$15,000
Marathon Petroleum$1,001$15,000
Knight-Swift Transportation Holdings Inc$1,001$15,000
Iron Mountain Inc$1,001$15,000
Intel Corp$1,001$15,000
Hewlett Packard Enterprise Co$1,001$15,000
Harris Corp$1,001$15,000
Hannon Armstrong Sustainable Infrastructure Capita$1,001$15,000
Hanesbrands Inc$1,001$15,000
Halliburton Co$1,001$15,000
Gladstone Capital Corp$1,001$15,000
General Electric$1,001$15,000
First Trust Energy Infrastructure Fund$1,001$15,000
FedEx Corp$1,001$15,000
Energen Corp$1,001$15,000
Eaton Corp plc$1,001$15,000
Diageo plc$1,001$15,000
CyrusOne Inc$1,001$15,000
CVS Health$1,001$15,000
Corning Inc$1,001$15,000
Chubb Ltd$1,001$15,000
Chevron Corp$1,001$15,000
Cameco Corp$1,001$15,000
Bristol-Myers Squibb$1,001$15,000
BP PLC$1,001$15,000
BAE Systems$1,001$15,000
ALPS Medical Breakthroughs ETF$1,001$15,000
Allstate Insurance$1,001$15,000
Algonquin Power & Utilities Corp$1,001$15,000
Alexandria Real Estate Equities Inc$1,001$15,000
Abbott Laboratories$1,001$15,000
ABB Ltd$1,001$15,000


[1]. – Senator’s personal finances in 2018

[2]. – Default United States Senator Salary

[3]. – Senator’s early life and career

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