Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Matt Gaetz (R-FL)
House · Republican (most recent term) · FL-1 · in Congress 2017–2024 · Bioguide ID G000578
Party history: R 2017–2024. 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 2016) | 2016 | $118,013 | $336,506 | $554,999 |
| (b) Latest net worth estimate | 2023 | $560,017 | $987,508 | $1,415,000 |
| (c) Estimated gain / loss, nominal dollars, 2016 → 2023 (7 years spanned) | 2016–2023 | +$5,018 | +$651,002 | +$1,296,987 |
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 |
|---|---|---|---|---|---|
| 2016 | $369,006 | $32,500 | $336,506 | $118,013 … $554,999 | computed |
| 2017 | $236,506 | $32,500 | $204,006 | $53,012 … $354,999 | computed |
| 2018 | $344,506 | $32,500 | $312,006 | $104,013 … $519,999 | computed |
| 2019 | $430,005 | $0 | $430,005 | $235,010 … $625,000 | computed |
| 2020 | $870,506 | $0 | $870,506 | $501,012 … $1,240,000 | computed |
| 2021 | $1,750,508 | $32,500 | $1,718,008 | $1,011,017 … $2,424,999 | computed |
| 2022 | $1,000,508 | $25,000 | $975,508 | $531,016 … $1,420,000 | computed |
| 2023 | $1,000,008 | $12,500 | $987,508 | $560,017 … $1,415,000 | 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.)-21.0%
Simple average of years-11.9%
Years estimated7
Best / worst single year2018 +39%
2017 -63%
2017 -63%
Reliability flags: 2 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): -30.2% to -18.5%. 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2016→2017 | $263,504 | $88,504 | $0 | $0 | $8,000 | -63.4% | -81.1% … -58.0% | -145% … +18% | 71% | counted; single position drives the result (range jump) |
| 2017→2018 | $236,506 | $328,506 | $100 | $0 | $0 | +38.9% | +36.5% … +47.6% | -92% … +170% | 100% | counted |
| 2018→2019 | $280,004 | $272,004 | $0 | $0 | $32,500 | +8.7% | +8.2% … +10.4% | -99% … +116% | 81% | counted |
| 2019→2020 | $347,004 | $447,004 | $0 | $0 | $0 | +28.8% | +27.2% … +29.4% | -80% … +137% | 81% | counted |
| 2020→2021 | $655,004 | $312,504 | $100 | $0 | $0 | -52.3% | -61.0% … -48.6% | -118% … +14% | 75% | counted; single position drives the result (range jump) |
| 2021→2022 | $1,392,507 | $793,007 | $402 | $0 | $0 | -43.0% | -48.1% … -40.7% | -106% … +20% | 80% | counted |
| 2022→2023 | $1,000,508 | $992,008 | $402 | $0 | $0 | -0.8% | -2.0% … +2.3% | -87% … +85% | 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 |
|---|---|---|---|---|---|---|
| 2016 | 10024319 | House amendment | 8/13/2018 | 13 | 0 | 10024319.pdfda8ecbd27a5745078b0f1b41c4dc2d7753b1b88b54dc7a4292c14f82b8fc5dc4 |
| 2017 | 10024937 | House amendment | 11/29/2018 | 12 | 0 | 10024937.pdf23268ca129bc0d25f8608328c3c3bce7230d12f3abf0891f781758e4bdc93b76 |
| 2018 | 10027904 | House annual | 8/14/2019 | 14 | 0 | 10027904.pdf1b2497cd1365acb58a777183a42e1dbb092514443f30c87c6028749d383c66f4 |
| 2019 | 10037260 | House annual | 8/13/2020 | 13 | 0 | 10037260.pdfe5bafff52e586c14cb24cc0ce439e47b7ea59f32148122a091a1982d608b4546 |
| 2020 | 10043510 | House amendment | 8/16/2021 | 12 | 0 | 10043510.pdfde830cb6a65e6b1b28cb3b062e22139f3d4237c9150ff9aa7169a58657e7b685 |
| 2021 | 10046622 | House annual | 8/12/2022 | 17 | 0 | 10046622.pdf65836faf5a3ddf533fdaba12470de67047ea83cb889e018cd78847cb9aba4319 |
| 2022 | 10051384 | House annual | 8/10/2023 | 17 | 0 | 10051384.pdf09a83294f7d3d00a920754d1bfc5d303a59c7337ae870b78ba03910fcf7040f8 |
| 2023 | 10057606 | House annual | 8/13/2024 | 17 | 0 | 10057606.pdfd52305f7006af054d664e70d56715a8153a07c3011dba5c84ae3c0ff331dce81 |
Largest movers 2020→2021
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Bank of America - Checking [BA] | — | held | $250,001 - $500,000 | $15,001 - $50,000 | $0 | $0 |
| Caregivers, Inc. [PS] FL. | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| 16-2S-25-0000-0008-0330 [RP] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| 40-1N-28-0090-44900-0190 [RP] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| 40-1N-28-0090-72200-0380 [RP] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| 15-1N-28-120-00E00-0070 [RP] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Retirement Account - FL State Legislative Plan [PE] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| 40-1N-28-0090-64000-0050 [RP] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Largest movers 2021→2022
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Stock Options in Apeel Technology, Inc., DBA Apeel Sciences [OP] | — | held | $500,001 - $1,000,000 | $100,001 - $250,000 | $0 | $0 |
| Retirement Account - FL State Legislative Plan [PE] | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| Bank of America - Checking [BA] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Wells Fargo - Savings [BA] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Vanguard Roth IRA [IH] | SP | held | $250,001 - $500,000 | $250,001 - $500,000 | $0 | $0 |
| 16-2S-25-0000-0008-0330 [RP] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| 40-1N-28-0090-44900-0190 [RP] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| 40-1N-28-0090-72200-0380 [RP] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Stock Options in Apeel Technology, Inc., DBA Apeel Sciences [OP] | — | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| 16-2S-25-0000-0008-0330 [RP] | — | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $0 |
| Retirement Account - FL State Legislative Plan [PE] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| 01-1N-28-2330-00100-0110 [RP] | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| Bank of America - Checking [BA] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Wells Fargo - Savings [BA] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Vanguard Roth IRA [IH] | SP | held | $250,001 - $500,000 | $250,001 - $500,000 | $0 | $0 |
| 40-1N-28-0090-44900-0190 [RP] | — | 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).