ProfileJames Michael JohnsonAmerican lawyer and politician serving as Speaker of the United States Congress
$6 Million$1.8 Million (30%)Real Time Net Worth
#80 in Politics today
Speaker Mike Johnson has an estimated net worth of $6 million, largely tied to land assets. His real estate portfolio includes $2.9 million worth of properties in Louisiana, featuring a 12,000-square-foot mansion in Baton Rouge and a sprawling 500-acre ranch near Shreveport.
The Baton Rouge mansion, situated in a prestigious gated community, boasts seven bedrooms, nine bathrooms, a pool, a tennis court, and a private movie theater.
Does he really not have a Bank Account?
In numerous interviews, Johnson has repeatedly claimed that he doesn’t own a bank account and leaves financial matters to his wifeโa statement that raises eyebrows. After all, congressional salaries are deposited directly into bank accounts, not paid in cash, making it highly unlikely for a congressman to function without one.
Mike Johnson’s Net Worth
Full Name | James Michael Johnson |
Net Worth | $5 Million |
Annual Income | $1 Million |
Inheritance | $260,000 |
Real Estate Assets | $2.9 Million |
Approval Rating | 47% |
According to a new FEC Report, Mike Johnson allegedly received $524,000 from AIPIC. And a $95,000 payment from a foreign lobby group shortly after the passing of the $14.5 billion military aid package.
Family Assets
Mike Johnson’s wife and family own $10 million worth of real estate assets in Louisiana. He also owns a 200-acre island in the Gulf of Mexico. Also, See Marjorie Greene’s Enormous Wealth.
The report found that the assets were transferred to their names in order to avoid legal complications and conflict of interest. The properties in question include:
- A $2 million vacation home in Lake Charles, Louisiana
- A $1 million apartment in New Orleans, Louisiana
- A $500,000 condo in Shreveport, Louisiana
- A $400,000 house in Johnson’s hometown of Bossier City, Louisiana
Kelly Johnson, Mike Johnson’s wife, owns a private company called “Onward Christian Counseling Services”, and earns significant money from speaking engagements.
However, Johnson’s disclosures make no mention of her earnings, assets etc. Kelly’s website was mysteriously removed two days after Johnson was appointed Speaker of the House.
Stock Portfolio
Mike Johnson’s stock portfolio is now worth over $1 million. Johnson owns $170,000 worth of Walmart, $100k in Nvidia, and $120k in Exxon and Microsoft. He also owns a small chunk of Tesla and Lockheed Martin shares.
Latest Update
Speaker Mike Johnson is currently facing significant challenges within his party over a proposed government funding bill. Recent reports indicate a rebellion among House Republicans, with many expressing dissatisfaction over the content and the process of negotiating the stopgap spending bill to prevent a government shutdown.
Several GOP lawmakers have criticized Johnson for his handling of the situation, with some even suggesting they might not support him in the upcoming vote for House Speaker in January 2025.