Rep. Thomas H. Kean, Jr. (R-NJ)
House · Republican (most recent term) · NJ-7 · in Congress 2023–present · Bioguide ID K000398
Party history: R 2023–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 2023, the member's first year in office) | 2023 | $9,387,195 | $17,921,097 | $26,454,999 |
| (b) Latest net worth estimate | 2025 | $7,410,144 | $14,437,572 | $21,464,999 |
| (c) Estimated gain / loss, nominal dollars, 2023 → 2025 (2 years spanned) | 2023–2025 | −$19,044,855 | −$3,483,526 | +$12,077,804 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Reliability flags (net worth): 2025: 3 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket; short span (2 yr). 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 |
|---|---|---|---|---|---|
| 2023 | $18,671,098 | $750,000 | $17,921,097 | $9,387,195 … $26,454,999 | computed |
| 2024 | $12,957,574 | $750,000 | $12,207,574 | $6,915,148 … $17,499,999 | computed |
| 2025 | $15,200,072 | $762,500 | $14,437,572 | $7,410,144 … $21,464,999 | computed; 3 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
- 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.
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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023→2024 | $13,269,059 | $11,008,562 | $199,444 | $443,018 | $413,016 | -15.8% | -19.6% … -5.4% | -99% … +67% | 71% | counted |
| 2024→2025 | $11,048,564 | $13,437,565 | $195,494 | $514,524 | $561,018 | +23.8% | +11.9% … +29.0% | -78% … +126% | 85% | 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 |
|---|---|---|---|---|---|---|
| 2023 | 10060678 | House annual | 8/13/2024 | 198 | 0 | 10060678.pdf2b0f6efada0be8e897d5debbe3565433350e30028b5f00d66bb3db00403f5cd6 |
| 2024 | 10066042 | House annual | 8/13/2025 | 148 | 0 | 10066042.pdfadd12cf04d3ccce24a7ca7329f09f138db17768563d5ce13a8403e91a6d994f9 |
| 2025 | 10075136 | House annual | 8/13/2026 | 149 | 3 | 10075136.pdf513cc10fee0b5063fbc73f39ae799c3c52ef04b66480391daeb0da471d735a24 |
Largest movers 2023→2024
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Personal Residence LLC ⇒ Personal Residence [RP] | — | held | $1,000,001 - $5,000,000 | $500,001 - $1,000,000 | $0 | $0 |
| State Street Bank & Trust Co. ⇒ United States Treasury Notes [GS] | — | held | $500,001 - $1,000,000 | $100,001 - $250,000 | $0 | $0 |
| RW Kean TR FBO THK Jr ⇒ PARAMETRIC PARTICIPATION FUND [HE] | — | held | $250,001 - $500,000 | $500,001 - $1,000,000 | $32,500 | $40,501 |
| Kean Family Partnership ⇒ Johnson & Johnson (JNJ) [ST] | — | held | $250,001 - $500,000 | $100,001 - $250,000 | $0 | $0 |
| RW Kean TR FBO THK Jr ⇒ PINNACLE ASSOCIATES LTD PARTICIPATION FD [HE] | — | held | $100,001 - $250,000 | $250,001 - $500,000 | $32,500 | $0 |
| State Street Bank & Trust Co. ⇒ Cash [BA] | — | held | $100,001 - $250,000 | $15,001 - $50,000 | $0 | $0 |
| State Street Bank & Trust Co. ⇒ Pepsico, Inc. (PEP) [ST] | — | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| ES Kean Trust FBO 22 Grandchildren ⇒ FTCI FIXED INCOME PARTN FD (RW KEAN) [OT] | — | exited | $50,001 - $100,000 | — | $16,001 | $32,500 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Personal Residence LLC ⇒ Personal Residence [RP] | — | held | $500,001 - $1,000,000 | $1,000,001 - $5,000,000 | $0 | $0 |
| Kean Family Partnership ⇒ UnitedHealth Group Incorporated Common Stock (UNH) [ST] | — | held | $500,001 - $1,000,000 | $250,001 - $500,000 | $0 | $0 |
| RW Kean TR FBO THK Jr ⇒ FTCI FIXED INCOME PARTN FD [HE] | — | held | $250,001 - $500,000 | $500,001 - $1,000,000 | $138,002 | $0 |
| Kean Family Partnership ⇒ Johnson & Johnson (JNJ) [ST] | — | held | $100,001 - $250,000 | $250,001 - $500,000 | $0 | $0 |
| State Street Bank & Trust Co. ⇒ United States Treasury Notes [GS] | — | held | $100,001 - $250,000 | $15,001 - $50,000 | $0 | $0 |
| State Street Bank & Trust Co. ⇒ Alphabet Inc. - Class A (GOOGL) [ST] | — | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| RW Kean TR FBO THK Jr ⇒ Cash [BA] | — | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| State Street Bank & Trust Co. SP ⇒ Nucor Corporation (NUE) [ST] | SP | held | $50,001 - $100,000 | $100,001 - $250,000 | $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).