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 a net worth of $6 million, according to the latest estimates. A significant portion of his wealth is in the form of land holdings.
For example, Johnson owns $2.9 million worth of real estate properties in Louisiana. The properties include a 12,000-square-foot mansion in Baton Rouge, a 500-acre ranch in Shreveport.
The mansion in Baton Rouge is located in an exclusive gated community and features seven bedrooms, 9 bathrooms, a pool, a tennis court, and a movie theater.
Breakdown of Mike Johnson 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 Reports, 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.
Does he really not have a Bank Account?
In many interviews, Johnson has mentioned time and again that he doesn’t even own a bank account and that his wife takes care of their finances, which is just outlandish.
For instance, congressional salary is paid every month through a bank deposit and it is not paid in cash. So it’s impossible for a congressman not have a bank account.