Associate Justice of the Supreme Court
#2 in Judges
Clarence Thomas’s Net Worth is $32 Million USD as of 2024. As the Justice of the Supreme Court, Thomas earns a $260,000 salary each year.
CThomas is an American lawyer and jurist who has served as an Associate Justice of the Supreme Court of the United States since 1991.
He is one of the richest justices in the United States with millions in assets and anonymous gifts.
Gifts and Donations
Clarence Thomas and his wife have received millions in donations and gifts from wealthy businessmen such as Harlan Crow over the last few decades.
To avoid legal complications, these contributions were made in an indirect manner.
For example, a wealthy secretive family gifted Clarence Thomas by paying his relatives’ cosmetic surgery medical bills.
According to reports, the total value of these transactions is $900,000. To avoid suspicion, the transfers were made through a slew of shell companies.
In another case, a famous Hollywood Actor offered Thomas’ family free use of his private jet for a trip to Hawaii.
What this actor received in return for these favors remains unknown. However, it is clear that few IRS investigations into his family businesses have been thwarted in recent years.
Suspicious Transactions
Clarence Thomas purchased a 5-bedroom villa in Fairfax, Virginia from a famous and wealthy film director.
This transaction raises concerns because Thomas paid just under $80,000 for this villa, despite the fact that its market value is well over $1 million.
Assets
Clarence Thomas is said to own 11 real estate properties worth $7 million. He is the author of numerous best-selling books, from which he earns more than $900,000 in royalties each year.
Thomas also has holdings in a number of NYSE-listed companies. He also owns a restaurant chain, from which he earns $200,000 per year.
FAQs
Clarence Thomas was nominated to the Supreme Court by President George H.W. Bush in 1991.
Clarence Thomas has served as an Associate Justice of the Supreme Court of the United States for 31 years.
Through his salary and other business income, Clarence Thomas earns $2 million annually.