Paul Gosar, the American far-right politician and dentist representing Arizona’s 9th congressional district, has been in the spotlight for various reasons throughout his political career. One detail that often captures attention is his financial standing. As of 2018, Paul Gosar’s net worth was estimated at $1,050,000, based on public financial disclosures and other available data.
Given the relevance of this topic and the curious minds wishing to understand more, this article delves into the financial journey of Paul Gosar, comparing it with other Arizona politicians and exploring the various elements that make up his net worth.
| Year | Estimated Net Worth |
|---|---|
| 2018 | $1,050,000 |
| 2014 | $882,501 |
| Salary | $174,000 |
| Compared to Trent Franks | $33.9 million |
| Compared to John McCain | $20 – $100 million |
Paul Gosar began his political journey as a member of the Republican Party in 1989. Fast forward to today, he’s known for representing Arizona’s 9th congressional district in the United States House of Representatives. His financial journey, much like his political one, has seen its highs and lows. Gosar’s estimated net worth was $882,501 in 2014 and saw a notable rise to $1,050,000 by 2018.
The year 2018 was significant for Gosar, with his net worth reaching the $1 million mark. This worth was a blend of cash and investments totaling $750,000 and real estate assets worth $300,000. While he did carry some debts like a mortgage and student loans, the assets outweighed the liabilities.
Rewinding to 2014, Gosar’s financial status was slightly less plush. Comprising of cash and investments amounting to $650,000 and real estate valued at $232,501, Gosar’s net worth was pegged at $882,501. Even then, he managed to maintain a comfortable margin between his assets and liabilities.
Trent Franks, a former Republican representative of Arizona’s 8th congressional district, dwarfs Gosar in terms of wealth. With an estimated net worth of $33.9 million, Franks’ wealth can be attributed to a longer political career and savvy investments, especially in real estate.
Another political stalwart from Arizona, John McCain’s wealth is another league altogether. Estimated between $20 million and $100 million, McCain’s net worth overshadows Gosar’s. Factors contributing to McCain’s significant net worth include a prolonged political tenure, inheritance, and wise investments.
It’s essential to highlight that a significant chunk of Gosar’s income comes from his annual congressional salary, which stands at $174,000. However, like many politicians, his income isn’t restricted to his salary alone; investments and other sources also play a role in building his net worth.
Paul Gosar’s journey, both politically and financially, is intriguing. While his net worth of $1,050,000 in 2018 and $882,501 in 2014 might seem modest compared to some of his peers in Arizona politics, it is still a testament to his financial acumen. Factors such as his congressional salary, investments, and the growth trajectory of his net worth from 2014 to 2018 tell a tale of a man who’s managed to merge his political and financial endeavors seamlessly.
FAQs:
1. How much was Paul Gosar’s net worth in 2018?
Paul Gosar’s estimated net worth in 2018 was $1,050,000.
2. What is the source of Paul Gosar’s annual income?
A significant part of Gosar’s income comes from his annual congressional salary of $174,000.
3. How does Paul Gosar’s wealth compare to other Arizona politicians?
While Gosar’s net worth is impressive, it is modest compared to politicians like Trent Franks and John McCain.
4. Has Paul Gosar’s net worth seen growth over the years?
Yes, from 2014 to 2018, Gosar’s net worth saw growth from $882,501 to $1,050,000.
