Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Sen. Tammy Baldwin (D-WI)
House / Senate · Democrat (most recent term) · WI · in Congress 1999–present · Bioguide ID B001230
Party history by chamber: House D 1999–2013, Senate D 2013–present. Source: term data in unitedstates/congress-legislators (CC0); party shown is as recorded per term there.
Estimated net worth (from public disclosures)
| Estimate | Report year | Low | Mid | High |
|---|---|---|---|---|
| (a) Estimated net worth at the earliest available report (2013); the member entered office earlier, in 1999 | 2013 | $166,003 | $540,500 | $914,998 |
| (b) Latest net worth estimate | 2025 | $101,003 | $558,001 | $1,014,999 |
| (c) Estimated gain / loss, nominal dollars, 2013 → 2025 (12 years spanned) | 2013–2025 | −$813,995 | +$17,500 | +$848,996 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Reliability flags (net worth): none for these two endpoints. Included in the recommended dollar-gain ranking.
Net worth by report year (mid; Low–High)
| Report year | Assets (mid) | Liabilities (mid) | Net worth mid | Low … High | Status / flags |
|---|---|---|---|---|---|
| 2013 | $790,502 | $250,001 | $540,500 | $166,003 … $914,998 | computed |
| 2014 | $415,502 | $550,001 | −$134,500 | −$483,997 … $214,998 | computed |
| 2015 | $423,502 | $925,002 | −$501,500 | −$982,996 … −$20,003 | computed |
| 2016 | $798,502 | $550,001 | $248,501 | −$232,996 … $729,998 | computed |
| 2017 | $798,502 | $550,001 | $248,501 | −$232,996 … $729,998 | computed |
| 2018 | $798,502 | $450,001 | $348,501 | −$82,996 … $779,998 | computed |
| 2019 | $823,002 | $450,001 | $373,001 | −$68,996 … $814,998 | computed |
| 2020 | $823,002 | $450,001 | $373,001 | −$68,996 … $814,998 | computed |
| 2021 | $965,502 | $825,002 | $140,500 | −$483,996 … $764,997 | computed |
| 2022 | $933,002 | $375,000 | $558,001 | $101,003 … $1,014,999 | computed |
| 2023 | $933,002 | $375,000 | $558,001 | $101,003 … $1,014,999 | computed |
| 2024 | $933,002 | $375,000 | $558,001 | $101,003 … $1,014,999 | computed |
| 2025 | $933,002 | $375,000 | $558,001 | $101,003 … $1,014,999 | computed |
- What this is: Net worth = Schedule A assets (each value range at its midpoint; low–high range shown) minus Schedule D liabilities (midpoints / ranges). Low = assets at range floors minus liabilities at range ceilings; Mid = midpoints; High = assets at ceilings minus liabilities at floors. Low and High are outer bounds of the reported ranges, not likely outcomes.
- What it excludes / understates: exact values (only ranges are reported); a personal residence is not reported as an asset (although a mortgage on it may be listed as a liability, which then lowers the estimate); retirement and federal accounts (e.g. Thrift Savings Plan, defined-benefit pensions) are only partly or not reported; assets of excepted/blind trusts, cash held below reporting thresholds, vehicles, household goods and most spouse/dependent items exempt from reporting are not included; liabilities on a personal residence, revolving credit under thresholds and loans to family may be omitted by filers.
- Open-ended top ranges (e.g. “Over $50,000,000”) are counted at their lower bound and flagged, so such values are understated.
- The change is a change in estimated net worth in nominal dollars (no inflation adjustment). It includes salary, gifts, inheritances, business income and re-valuation as well as investment results, and it is subject to range-bracket noise; it is not an investment return and implies nothing about conduct.
Read this first. Members report asset values only as ranges (e.g. “$15,001 – $50,000”), never exact dollars. Every figure below is an estimate computed from range midpoints, not a measured return. Figures cannot be interpreted as investment performance, and they do not show wrongdoing or skill. Methodology and limitations are at the end and in the project README. Sources: public financial disclosure reports filed with the Clerk of the U.S. House of Representatives and/or the Secretary of the Senate (Senate eFD), linked below.
Avg. annual change (geometric, est.)+4.3%
Simple average of years+7.9%
Years estimated12
Best / worst single year2016 +91%
2014 -46%
2014 -46%
Reliability flags: 1 year(s) driven by income/one position/range artefact.
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +3.5% to +4.6%. This band is narrow because it moves both years together; the true uncertainty is larger — see the per-year “strict envelope” column and the limitations.
Estimated year-over-year change
Bars: midpoint estimate; whisker: same-position floor/ceiling band. Axis clipped to −100%…+150%. Years with insufficient traceable holdings are omitted.
| Year (t−1 → t) | Opening value (mid) | Closing value (mid) | Income (mid) | Buys (mid) | Sales (mid) | Est. gain | Same-position band | Strict envelope | Traced coverage | Status / flags |
|---|---|---|---|---|---|---|---|---|---|---|
| 2013→2014 | $790,502 | $415,502 | $10,000 | $0 | $0 | -46.2% | -47.5% … -45.5% | -100% … +8% | 100% | counted |
| 2014→2015 | $415,502 | $415,502 | $10,000 | $0 | $0 | +2.4% | +1.9% … +2.7% | -71% … +76% | 100% | counted |
| 2015→2016 | $423,502 | $798,502 | $10,000 | $0 | $0 | +90.9% | +88.8% … +95.5% | -14% … +196% | 100% | counted; single position drives the result (range jump) |
| 2016→2017 | $798,502 | $798,502 | $10,000 | $0 | $0 | +1.3% | +1.0% … +1.4% | -70% … +72% | 100% | counted |
| 2017→2018 | $798,502 | $798,502 | $10,000 | $0 | $0 | +1.3% | +1.0% … +1.4% | -70% … +72% | 100% | counted |
| 2018→2019 | $798,502 | $823,002 | $32,500 | $0 | $0 | +7.1% | +5.6% … +7.9% | -67% … +81% | 100% | counted |
| 2019→2020 | $823,002 | $823,002 | $32,500 | $0 | $0 | +3.9% | +2.8% … +4.5% | -69% … +77% | 100% | counted |
| 2020→2021 | $823,002 | $965,502 | $32,500 | $0 | $0 | +21.3% | +18.8% … +22.4% | -59% … +101% | 100% | counted |
| 2021→2022 | $933,002 | $933,002 | $10,601 | $0 | $0 | +1.1% | +0.9% … +1.3% | -71% … +73% | 97% | counted |
| 2022→2023 | $933,002 | $933,002 | $36,251 | $0 | $0 | +3.9% | +2.9% … +4.3% | -69% … +77% | 100% | counted |
| 2023→2024 | $933,002 | $933,002 | $36,251 | $0 | $0 | +3.9% | +2.9% … +4.3% | -69% … +77% | 100% | counted |
| 2024→2025 | $933,002 | $933,002 | $34,251 | $0 | $0 | +3.7% | +2.7% … +4.2% | -69% … +77% | 100% | counted |
Filings used
Each annual-report year uses one filing (most recently filed version among originals/amendments whose Schedule A row count is ≥ 40% of the largest). Electronic (text) PDFs are parsed. Scanned/image-only filings are OCR-read and used only if they pass the explicit validation gates described in the project README (value/income coverage, two-engine agreement, exact bracket snapping, page completeness, year-to-year position continuity); such years are labelled OCR-derived below. Scanned filings that fail validation are listed as “insufficient data – scanned”.
| Report year | Doc ID | Type | Filed | Schedule A rows | Rows with unparsed value | Source (official filing) / SHA-256 |
|---|---|---|---|---|---|---|
| 2013 | e8d436a6-62ae-4e35-a2ff-d0b565b906eb | Senate annual | 05/15/2014 | 3 | 0 | Senate eFD report1f445791a1520665a9c68d053807c6e921787a0a84c62e26f246af886b948aa4 |
| 2014 | 5fbacc8a-4484-4dbc-834f-e068b0fcce24 | Senate annual | 05/13/2015 | 3 | 0 | Senate eFD reportc6163f60663b9489044bcac067747a5610921e9980d028ea7751f9bae7475ca3 |
| 2015 | c970b65b-fdc4-47b6-be36-5c5f736376f1 | Senate annual | 05/11/2016 | 4 | 0 | Senate eFD reportf916a45248544d2327b7ecd30f052fe6ccdf684837f5b2efe0cde6d52db505a3 |
| 2016 | 04035046-9b3e-4911-8985-ebf3b7309914 | Senate annual | 05/11/2017 | 4 | 0 | Senate eFD report01046e84d8e46e79c8cefb629dfe2003273144101a630a3123503f5af54b20de |
| 2017 | cd995c54-f862-45ee-a342-074cbcd74e7a | Senate annual | 05/09/2018 | 4 | 0 | Senate eFD report8165ede20da12df9c2ce8cec13e17dd2a6c51f6251e585faa0c0023f5c58c71f |
| 2018 | 882de87e-7257-43b6-af1c-72bdfd1487f9 | Senate annual | 05/14/2019 | 4 | 0 | Senate eFD reportc53c59ebd611728bf018a567c43530865c0f02e199a24d72d24693eabb4e02bd |
| 2019 | 55aecaa3-e6ad-46c4-943f-5b326b1f414b | Senate annual | 07/29/2020 | 4 | 0 | Senate eFD report0cb360c2eb499a6479106fbd22fe1b1dbaf6d77137759b422ac330c9a42ede2c |
| 2020 | 94bbc60f-debe-4696-a27e-4e39f51a6fd9 | Senate annual | 05/14/2021 | 4 | 0 | Senate eFD report2710ca8f9ba9f9a87be5f1c0cc118fb3bf1dcc7308a9ca908173e14dac180c76 |
| 2021 | a87723bf-bb1d-483c-9252-fdcfaf08b84b | Senate annual | 05/16/2022 | 4 | 0 | Senate eFD report48cf2db44e620d31322fe25b5e68c1ade918882dae13f78694889f6bd319afbc |
| 2022 | 8e45fd1c-2d34-41a7-b88f-686b5241f3f3 | Senate annual | 05/14/2023 | 3 | 0 | Senate eFD reportac0f16fa167d047d8703c02a29d710506b5c1f5d70d2461f5a88f1855e746da9 |
| 2023 | 1965e9b4-7e0c-4c2e-ad42-d0c49bbe1f7d | Senate annual | 05/14/2024 | 3 | 0 | Senate eFD reportb6b8f5d870968d40946a2cc273ba444fd5bc15beb940e73943975b2a7696cff8 |
| 2024 | e1d51691-0931-46b8-a518-c4fc261653f9 | Senate annual | 05/13/2025 | 3 | 0 | Senate eFD reporta953c7f11f126a2330f92c276c1b391da490f90bafdbf988ab2c72b46d2bba98 |
| 2025 | 26e96ef6-eee0-41ec-a500-9dcd734e92c1 | Senate annual | 05/11/2026 | 3 | 0 | Senate eFD report188a13c53efafa94fe686d3372f85ac2335da2a67c5bc57ac5a15b1e797881b5 |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Qualified Blind Trust (Senate approved QBT) | — | held | $500,001 - $1,000,000 | $500,001 - $1,000,000 | $0 | $0 |
| Summit Credit Union (Madison, Wisconsin) Type: Checking, Money Market Account, Savings | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| US Senate Federal Credit Union (Washington, DC) Type: Checking, Savings | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Largest movers 2023→2024
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Qualified Blind Trust (Senate approved QBT) | — | held | $500,001 - $1,000,000 | $500,001 - $1,000,000 | $0 | $0 |
| Summit Credit Union (Madison, Wisconsin) Type: Checking, Money Market Account, Savings | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| US Senate Federal Credit Union (Washington, DC) Type: Checking, Savings | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Qualified Blind Trust (Senate approved QBT) | — | held | $500,001 - $1,000,000 | $500,001 - $1,000,000 | $0 | $0 |
| Summit Credit Union (Madison, Wisconsin) Type: Checking, Money Market Account, Savings | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| US Senate Federal Credit Union (Washington, DC) Type: Checking, Savings | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Method (summary)
- Schedule A asset rows are read from each annual report; the dollar range for each row is converted to its midpoint. Open-ended top ranges (“Over $50,000,000”) are excluded from the traced set and counted as a coverage loss.
- Positions are matched year to year by owner code (self/SP/DC/JT) + normalised asset name. A position that appears only in year t is included only if Schedule B shows a purchase of it in year t (opening value 0); a position that disappears is included only if Schedule B shows a sale (closing value 0). Otherwise it is excluded as unexplained.
- Estimated gain = (closing − opening + reported income − purchases + sale proceeds) ÷ opening, all at midpoints, for the traced positions. “Capital gains” income is not added again (it is already in value change and sale proceeds).
- A year counts only if traced opening value ≥ $50,000 and traced coverage ≥ 60% of the opening midpoint. A member is ranked only with ≥ 3 such years (exactly 2 = “limited data”, shown but unranked). Average = geometric mean of (1+yearly estimate).
Limitations
- Ranges are wide (up to a factor of 5 or more, and up to $50M+ open-ended); a holding can move between ranges without any real change in value, and stay in a range while moving materially. Yearly estimates are therefore noisy; the “strict envelope” shows the mathematical worst/best case and is typically wider than ±100%.
- Purchases and sales are only disclosed as ranges and only for transactions over $1,000; partial sales, dividend reinvestment, spousal/dependent accounts and retirement-plan funds are reported inconsistently. Excepted/blind trusts, personal residences and certain pensions are not reported at all.
- Filers sometimes change how they list assets (e.g. listing a brokerage account vs. its individual holdings), which can make positions untraceable across years; these are excluded rather than guessed.
- Asset values in an annual report are as of Dec 31 of the reporting year; the report year t−1→t covers that calendar year. Late or amended filings are used when filed; extensions can delay them.
- The text of these reports is machine-parsed from PDFs; parse errors are possible. Every number links back to the cited filing. This is not investment advice.
- Use of these filings is restricted by 5 U.S.C. § 105(c) (no unlawful, commercial or credit-rating purpose, and none for solicitation of money).
Generated 2026-10-01 by an automated pipeline. Data: Office of the Clerk, U.S. House of Representatives (disclosures-clerk.house.gov); member roster: unitedstates/congress-legislators (CC0).