Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Michelle Fischbach (R-MN)
House · Republican (most recent term) · MN-7 · in Congress 2021–present · Bioguide ID F000470
Party history: R 2021–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 before entering office (report year 2019) | 2019 | $103,015 | $399,006 | $694,998 |
| (b) Latest net worth estimate | 2025 | −$396,983 | $191,506 | $779,994 |
| (c) Estimated gain / loss, nominal dollars, 2019 → 2025 (6 years spanned) | 2019–2025 | −$1,091,981 | −$207,501 | +$676,979 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Reliability flags (net worth): no computable net worth for year(s) inside the span: 2020. Not in the recommended dollar-gain ranking (shown only in the full list).
Net worth by report year (mid; Low–High)
| Report year | Assets (mid) | Liabilities (mid) | Net worth mid | Low … High | Status / flags |
|---|---|---|---|---|---|
| 2019 | $519,008 | $120,001 | $399,006 | $103,015 … $694,998 | computed |
| 2021 | $519,008 | $445,002 | $74,005 | −$346,985 … $494,995 | computed |
| 2022 | $769,008 | $445,002 | $324,006 | −$196,983 … $844,995 | computed |
| 2023 | $769,008 | $620,003 | $149,006 | −$446,983 … $744,994 | computed |
| 2024 | $769,008 | $577,503 | $191,506 | −$396,983 … $779,994 | computed |
| 2025 | $769,008 | $577,503 | $191,506 | −$396,983 … $779,994 | 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.
Insufficient data to rank. Only 1 comparable year-pair(s) could be computed (minimum 3 to rank). 6 annual filing(s) were usable (text-readable, validated OCR, or validated X-mark decoding) and 0 scanned/image-only filing(s) could not be used (older layouts failing validation, small amendments not integrated). See the method-per-year section below.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021→2022 | $387,505 | $387,505 | $3,750 | $0 | $0 | +1.0% | +0.9% … +1.3% | -96% … +98% | 75% | counted |
| 2022→2023 | $75,000 | $75,000 | $1,750 | $0 | $0 | +2.3% | +2.0% … +2.5% | -65% … +70% | 10% | excluded; not eligible: traced coverage 10% < 60% |
| 2023→2024 | $225,002 | $225,002 | $15,502 | $0 | $0 | +6.9% | +5.7% … +7.5% | -63% … +77% | 29% | excluded; not eligible: traced coverage 29% < 60% |
| 2024→2025 | $250,001 | $250,001 | $1,750 | $0 | $0 | +0.7% | +0.7% … +0.7% | -80% … +81% | 33% | excluded; not eligible: traced coverage 33% < 60% |
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 |
|---|---|---|---|---|---|---|
| 2019 | 10029584 | House amendment | None | 15 | 0 | 10029584.pdf0cae66bebad611a4e3487110ff446245538fa2e1e053f1e68b2a9082d58accd6 |
| 2021 | 10048391 | House annual | 8/10/2022 | 15 | 0 | 10048391.pdf6e15f9e1c941beb3fd876da5e3f2dc38cedfe1f914991cb3c7e1e9774d04c78e |
| 2022 | 10054501 | House annual | 5/30/2023 | 17 | 0 | 10054501.pdfea5a49b62867f889a5961bf6438cddffd265a6598b18817749936948e968980a |
| 2023 | 10061489 | House annual | 7/8/2024 | 17 | 0 | 10061489.pdffc057961a03d653e1b10ddbea54fb10c0c50e05553f1b17ae3a06ac1daf9f9ca |
| 2024 | 10068338 | House annual | 5/15/2025 | 17 | 0 | 10068338.pdf472dc5cc5526452645fe0598c7bfd814f2fe4de9e23606bd9f0c041d371f5957 |
| 2025 | 10077470 | House annual | 6/5/2026 | 17 | 0 | 10077470.pdf86a449b01e0ebca26398b3e641667ed31043b8111db7880e440fbcc5db0dbbeb |
Largest movers 2021→2022
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| 401K ⇒ American Fund Capital World [MF] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Farmland Belgrade [RP] | JT | held | $50,001 - $100,000 | $50,001 - $100,000 | $0 | $0 |
| 401K ⇒ Clear Bridge Small Cap C [MF] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| 401K ⇒ Clear Bridge Value Trust C [MF] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| 401K ⇒ American Fund Washington Mutual Fund A [MF] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| 401K ⇒ American Fund Retirement Target Date Fund [MF] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| 401K ⇒ American Fund Euro-Pacific Growth Fund [MF] | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| 401K ⇒ American Fund Growth Fund of America A [MF] | — | 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).