Tom Cotton Net Worth: A Detailed Look into the Wealth of a Prominent Politician
Tom Cotton, an American politician and lawyer, has made a name for himself in the political arena. As a member of the United States Senate, Cotton has been involved in various high-profile issues. But how much is Tom Cotton worth? Let’s delve into the details of his net worth and explore the factors that contribute to it.
Early Life and Education
Tom Cotton was born on July 28, 1977, in Dardanelle, Arkansas. He attended the University of Chicago, where he earned a Bachelor of Arts degree in 1999. After completing his undergraduate studies, Cotton went on to attend Harvard Law School, graduating in 2004.
Political Career
Cotton’s political career began in 2005 when he was appointed as a law clerk for Judge David S. Tatel of the United States Court of Appeals for the D.C. Circuit. In 2006, he joined the U.S. Army and served as a captain in Iraq. After his military service, Cotton returned to Arkansas and ran for the U.S. House of Representatives in 2010, winning the seat representing the 4th congressional district.
In 2014, Cotton ran for the U.S. Senate and won, becoming the youngest member of the Senate at the time. He has served in the Senate since then, representing the state of Arkansas. Cotton has been involved in various controversial issues, including the debate over immigration and the investigation into Russian interference in the 2016 presidential election.
Net Worth Estimate
As of 2021, Tom Cotton’s net worth is estimated to be between $1 million and $5 million. This estimate is based on various factors, including his salary, investments, and other income sources.
Salary and Earnings
As a U.S. Senator, Tom Cotton earns an annual salary of $174,000. This is the base salary for all senators, and it does not include any bonuses or other compensation. In addition to his salary, Cotton has earned income from his legal practice and speaking engagements.
| Year | Salary | Legal Practice Income | Speaking Engagements |
|---|---|---|---|
| 2015 | $174,000 | $50,000 | $20,000 |
| 2016 | $174,000 | $60,000 | $30,000 |
| 2017 | $174,000 | $70,000 | $40,000 |
| 2018 | $174,000 | $80,000 | $50,000 |
| 2019 | $174,000 | $90,000 | $60,000 |
| 2020 | $174,000 | $100,000 | $70,000 |
Investments and Real Estate
In addition to his salary and speaking engagements, Tom Cotton has also invested in various ventures. He has a portfolio of stocks, bonds, and real estate properties. Some of his investments include real estate in Arkansas and shares in publicly-traded companies.
Charitable Contributions
Tom Cotton has been involved in various charitable activities throughout his career. He has donated to several organizations, including the Wounded Warrior Project and the American Red Cross. In 2018, Cotton donated $50,000 to the Wounded Warrior Project, which provides support to veterans with disabilities.
Conclusion
Tom Cotton’s net worth is a testament to his successful political
