Tim Walz Net Worth
As of 2024, estimated net worth of Tim Walz is around $1 million. However, this net worth is too modest as compared to other politicians and vice president candidates. Below is the complete breakdown of is net wealth.
To begin with, salary of Tim Walz as a governor of Minnesota is $127000. Although salary of governor was increased by the State, Walz chose not to accept the raise. Walz and his wife sold a house in 2019 for $304000. Furthermore, according to the tax returns of 2023, the annual income of the couple is $299000 including $135000 pension amount.
If pension is to be considered as the part of his net worth, he has an additional $800000. This pension is coming from his services in National Guard, Congress and teaching as per outlet. Moreover, he will receive $235100 in salary, if he elects vice president of United States of America.
| Estimated Net Worth | $1 million |
|---|---|
| Born | 6 April, 1964 |
| Political Party | Democratic (DFL) |
| Spouse | Gwen Whipple |
| Children | 2 |
| Residence | Governor’s Residence Eastcliff Mansion |
| Education | Minnesota State University |
Who is Tim Walz?
Tim Walz is an American politician, retired military non-commissioned officer and a former educator. He is serving as 41st governor of Minnesota since 2019. In addition, he is a nominee for vice-president in US Presidential Elections of 2024. Walz is a Democratic vice-president nominee. From 2007 to 2019, he was the member of the United States House of Representatives. Moreover, Walz was also the ranking member of House Veterans Affairs Committee from 2017 to 2019.
Early Life & Education of Tim Walz
Timothy James Walz (Tim Walz) was born in West Point, Nebraska on 6 April 1964. His father James Frederick Walz served in the US Army during the Korean War and was a school superintendent. His mother Darlene Rose Reiman was a homemaker. Walz and his brothers grew up in a small rural town of Nebraska, Valentine. However, when his father was diagnosed with lung cancer, he and his family moved to Butte, Nebraska. It is a small rural farming community.
Tim Walz went to Butte High school and graduated in 1982. Following his high school years, he joined Chadron State College, Nebraska. Unfortunately, after the death of his father in 1984, he moved to Texas and studied at University of Houston.
Career
Educator Career
Tim Walz started his teaching career at Foshan No.1 High School in Guangdong, China in 1989. This was one year teaching position with WorldTeach, a non-government organization. Upon completing his time in China, Walz started teaching in Alliance, a small city of Butte County in Nebraska. In addition to teaching Walz also became a coach in Alliance.
Following his marrige, he moved to Mankato, Minnesota and started working at Mankato West High School as a geography teaches and a football coach. Together with his wife, the couple also ran Educational Travel Adventures to China.
Military Career
Tim Walz enlisted in the Army National Guards in 1881 at the age of 17. His postings were in Arkansas, Texas, north west of Mankato, New Ulm, Minnesota, near the arctic circle in Norway and in Italy. Walz served in National Guards for 24 years and was trained in heavy artillery. After serving 20 years, Walz was re-enlisted due to the 11 September 2001 attacks.
At the End of his service, his rank was command sergeant major. He was was the soldier of 1st Battalion, 125th Field Artillery Regiment. Ultimately, he retired from military in May 2005.
Political Career
U.S. House of Representatives (2007–2019)
First political campaign of Tim Walz was for U.S House of Representatives in 2005 from Democratic Party. He succeeded in this election with 53% of votes. Walz reelected for six terms from 2005 – 2016.
Tim Walz became the highest ranked retired enlisted soldier to serve in Congress by swearing in the 110th Congress. During his tenure un Congress he was appointed to the following committees.
- Committee on Veterans’ Affairs
- Subcommittee on Disability Assistance and Memorial Affairs
- Subcommittee on Economic Opportunity
- Agriculture Committee
- Agriculture Subcommittee on Forestry
- Agriculture Subcommittee on Commodity Markets, Digital Assets, and Rural Development
- Transportation and Infrastructure Committee
- Armed Services Committee
- House Transportation Committee
Governor of Minnesota (2019–present)
On 7 January 2019, Tim Walz was sworn in as 41st governor of Minnesota. In his inauguration speech, he talked about health and education reforms. In 2019, he was appointed as bipartisan Council of Governors by President Donald Trump. Tim Walz was appointed as a co-chairman of the Council of Governors by President Joe Biden in 2021. In 2023, he got a high-profile position of the Democratic Governors Association. After selected as Kamila Harris’s running mate, Tim Walz was stepped down from governorship.
He worked on the following area as governor;
- Police reform and protest response
- Environment
- Infrastructure
- Education
- Cannabis
- Medical debt
- Native Americans
- 2023 legislative session
- 2023 legislative session
Awards & Decorations
Agriculture Awards
- Golden Triangle Award from National Farmers Union
Military Awards & Decorations of Tim Walz
| Army Commendation Medal | ||
| Army Achievement Medal One oak leaf cluster | Army Reserve Components Achievement Medal Five oak leaf clusters | National Defense Service Medal One service star |
| Global War on Terrorism Service Medal | Armed Forces Reserve Medal Silver hourglass device | Armed Forces Reserve Medal M device |
| NCO Professional Development Ribbon | NCO Professional Development Ribbon | Reserve Components Overseas Training Ribbon Three oak leaf clusters |
| Minnesota Good Conduct Medal Silver star | Minnesota State Active Duty Ribbon One oak leaf cluster | Minnesota State Service Ribbon One oak leaf cluster |
You’ve the most impressive websites.
May I request more information on the subject? All of your articles are extremely useful to me. Thank you!