Here’s How Much Kamala Harris’ VP Pick Tim Walz Is Worth
Forbes Daily Briefing
Forbes
4.4 • 18 Ratings
🗓️ 9 August 2024
⏱️ 5 minutes
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Summary
The Minnesota governor has pensions galore from his decades in the public sector. A gig as VP could make him richer.
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Transcript
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| 0:00.0 | Here's your Forbes Daily Briefing for Friday, August 9th. |
| 0:05.0 | Today on Forbes, here's how much Kamala Harris's VP Pick Tim Walls is worth. |
| 0:11.0 | At a raucous Tuesday evening rally in Philadelphia, |
| 0:15.0 | his first since being picked as Kamla Harris's running mate, |
| 0:18.0 | Minnesota Governor Tim Walls walked through his own working class background. |
| 0:23.0 | A former public school teacher, an Army National Guardsman, |
| 0:26.0 | who served six terms in Congress, |
| 0:28.0 | and has led Minnesota since 2019, |
| 0:31.0 | Wallace has spent the better part of his life in public service. |
| 0:35.2 | Such a career helped shape his political views. |
| 0:37.9 | It also left him the least wealthy politician on a major party ticket this election cycle. |
| 0:43.0 | Forbes estimates that Walz's net worth stands at just over $1 million. |
| 0:48.0 | Neither Walz nor his wife Gwen, also a long time public school teacher, |
| 0:53.4 | appear to own any stock or a single bond, |
| 0:56.3 | per the last financial disclosure he filed |
| 0:58.4 | as a member of Congress in 2019. |
| 1:01.4 | The walls is also don't own a home, having sold their five bedroom and Cato, Minnesota |
| 1:06.0 | residence soon after he became governor. |
| 1:09.4 | There are no signs he owns any businesses or pulls in any income besides his roughly $128,000 gubernatorial salary. |
| 1:17.0 | Instead, nearly all of the walls's wealth stems from government pensions earned through their |
| 1:22.0 | state, federal, and military careers. |
| 1:25.2 | While around 13% of Americans have a defined benefit pension, the Walzas seem to have at least |
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