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Senator Tom Cotton Net Worth Overview
Tom Cotton has an estimated net worth of $700,000 according to online sources.
Tom Cotton is a junior United States senator from Arkansas. His net worth is in the form of publicly traded investments.[1] He also earns income as a Senator that contributes to his net worth.[2]
Tom Cotton Net Worth: Investment and Assets
Tom Cotton earns $174,000 as a junior US senator for Arkansas. There are also verifiable details regarding income from corporate investments.
Senator Tom Cotton Income
Tom Cotton earns income through multiple sources. His main source of income is payments made to US Senators. Moreover, he also earns income from various fixed and equity investments.
Income Source 1: Salary as a US Senator
Tom Cotton has been a Senator from Arkansas since 2013 earning an annual salary of $174,000. If we multiply and extrapolate, he has made:
$174,000 * 8 + 174,000 / 12 * 9 = $ 1,526,500 since taking office in January 2013.
Income Source 2: Corporate Securities
Tom Cotton has been receiving income from different fixed income and equity investments. The table below summarizes Cotton’s net asset value and income from publicly traded assets.
| Tom Cotton Net Worth Summary | ||
| Retirement and Checking Accounts | Asset Value | Income (Interest & Capital Gains) |
| Northern Trust Checking (SP) | $1,001-$15,000 | – |
| Northern Trust Checking (DC) | $1,001-$15,000 | – |
| Total | $2,002-$30,000 | – |
| Tom Cotton Net Worth – Equity Investments | ||
| Equity Investments | Asset Value | Capital Gains Income |
| 27 Stocks (Real estate, ETFs. Money market funds, etc.) | $41,027-$89,000 | – |
| Tom Cotton Net Worth – Retirement Accounts | |
| IRA | Asset Value |
| Centennial IRA | $1,001-$15,000 |
Tom Cotton Net Worth Summary
| Tom Cotton Net Worth Summary Table | ||
| Assets | Asset Value | Income |
| Retirement and Checking Accounts | $2,002-$30,000 | – |
| Equity Investments | $41,027-$89,000 | – |
| IRA | $1,001-$15,000 | – |
| Total | $44,030-$134,000 | – |
Based on our calculations from Tom Cotton’s disclosed financial sources for FY 2020, his net worth figures are between $44,030 and $134,000. The public net worth Tom Cotton statement shows that the senator does not earn any income from his assets that include money market funds and securities.
Tom Cotton’s Bio/Early Life
Tom Cotton was born on 13th May 1977 in Dardanelle, Arkansas. His father was Thomas Leonard Cotton who worked as a district supervisor of the Arkansas health department. His mother was Avin Cotton who served as the district’s middle school principal.
Cotton’s family owned a farm in rural Arkansas. His early days were spent on the family’s cattle farm. He attended Dardanelle High School, and graduated from the school in 1995.
Cotton attended Harvard University and graduated Magna Cum Laude in 1998. He was part of the editorial board of Harvard Crimson. He often criticized the liberal majority in his articles.
In 1999, Cotton enrolled in Claremont Graduate University in a master’s program. But he dropped from the program as he found academic life too sedentary. He joined Harvard Law School and got his JD law degree in 2002.
Tom Cotton Career
Cotton worked as a federal clerk for judge Jerry Edwin Smith of the United States Court of Appeal after graduating. He later joined Gibson Dunn & Crutcher in Washington DC.
In 2005, Cotton enlisted in the United States Army. He served in Afghanistan, Iraq, and Fort Myer. He was awarded the Combat Infantryman Badge, Bronze Star, and various other awards.
After being honorably discharged from the US Army in 2009, Cotton joined the management consulting firm McKinsey & Company. But he soon left the company and returned to Dardanelle to work on his family farm.
Cotton ran for the 4th congressional district senate seat for Arkansas in 2012. He won the election representing the Republican party by defeating state senator Gene Jeffress. He again won the US Senate elections in 2014 and 2020.
Tom Cotton Accomplishments
Senator Tom Cotton led a bill in the Senate to end the penalty for not paying for Obamacare. The provision to repeal the Obamacare mandate The Tax Cuts and Jobs Act was successfully passed in 2017.[3] Millions of Americans no longer have to pay IRS tax penalties for not buying insurance.
Senator Cotton had also introduced the Preserving Access to Cost Effective Drugs (PACED) Act in 2018.[4] The bill that was passed in Congress gives power to the federal courts, Patent and Trade Office, and International Trade Commission to prevent abuse of patent laws by pharmaceutical companies.
Tom Cotton Controversy
Tom Cotton had falsely claimed in campaign ad videos shot between 2011 and 2014 that he had earned a Bronze Star in the Ranger Regiment of the US Army. But a news site named Solon reported that Cotton never served in the Ranger Regiment.[5]
In 2015, Cotton along with other Republicans wrote a letter to Iran casting doubt on the nuclear arms deal between President Obama and Iran. The letter that was written by Cotton could constitute a violation of the Logan Act.[6]
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Tom Cotton Biography
| Legal Name/Birth Name | Thomas Bryant Cotton |
| Tom Cotton Net Worth | $700,000-$4,200,000 |
| Pseudonyms | N/A |
| Sources of Wealth | US Senator from 4th Congressional District of Arkansas Real EstateCorporate Securities and Bonds |
| Date of Birth | 13th May 1977 |
| Place of Birth | Dardanelle, Arkansas, US |
| Nationality | American |
| Gender | Male |
| Height | 198 cm (6 ft 5 inch) |
| Weight | 165 lb (75 kg) |
| Religion | Methodist |
| Ethnicity | White |
| Marital Status | Married |
| Partner/Spouse | Ana Peckham |
| Children | 2 |
| Names of Children | Gabrial Mark Cotton and Daniel Mark Cotton |
Frequently Asked Questions About Tom Cotton
What is Senator Tom Bryton Cotton’s Net Worth?
Senator Tom Cotton’s net worth is estimated to be $700,000. We have also seen estimation for Tom Cotton net worth to reach as high as $4.2M.
According to opensecrets.org, the average estimation of Tom Cotton net worth is $282,501, which is lower than the average net worth of Republican representatives.
Who is Tom Cotton’s Wife?
Anna Peckham is the wife of Senator Tom Cotton. They married in 2014.
Who are Tom Cotton’s Children?
Tom Cotton has two children – Gabriel Cotton (b. 2015) and Daniel Cotton (b. 2016).
Tom Cotton Net Worth References
[1]. https://sec.report/Senate-Stock-Disclosures/COTTON/Tom/b0b0a5e8-5122-489d-ad2a-7fd18cdd9747 – Sen. Tom Cotton (R-Arkansas) financial disclosures data.
[2]. https://www.legistorm.com/member/2883/Sen_Tom_Cotton.html – Sen. Tom Cotton (R-Arkansas) salary data for the Tom Cotton net worth estimation
[3]. https://www.uschamber.com/how-they-voted/2017/tom-cotton – List of bills supported by Sen. Tom Cotton passed in the Congress in 2017.
[4]. https://www.congress.gov/bill/115th-congress/senate-bill/2514/text – Senator Tom Cotton introduced the PACED Act in 2018.
[5]. https://www.salon.com/2021/01/22/sen-tom-cotton-campaigned-on-his-experience-as-an-army-ranger–but-he-didnt-have-any/ – An article in Salon website reported about Sen. Tom Cotton’s misleading statements about serving in the US Army Ranger Regiment.
[6]. https://www.washingtonpost.com/blogs/plum-line/wp/2015/03/09/republicans-are-beginning-to-act-as-though-barack-obama-isnt-even-the-president/ – About the letter to Iran penned by Sen. Tom Cotton violating the Logan Act.
