Rep. Jay Obernolte (R-CA)
House · Republican (most recent term) · CA-23 · in Congress 2021–present · Bioguide ID O000019
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 2021, the member's first year in office) | 2021 | $43,315,011 | $92,057,506 | $140,800,000 |
| (b) Latest net worth estimate | 2025 | $47,051,010 | $115,583,004 | $184,114,999 |
| (c) Estimated gain / loss, nominal dollars, 2021 → 2025 (4 years spanned) | 2021–2025 | −$93,748,990 | +$23,525,499 | +$140,799,988 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Reliability flags (net worth): 2021: 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket. 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 |
|---|---|---|---|---|---|
| 2021 | $92,057,506 | $0 | $92,057,506 | $43,315,011 … $140,800,000 | computed; 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
| 2022 | $92,241,006 | $0 | $92,241,006 | $43,452,012 … $141,030,000 | computed; 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
| 2023 | $97,890,506 | $3,000,000 | $94,890,506 | $40,216,013 … $149,564,999 | computed |
| 2024 | $97,758,006 | $3,000,000 | $94,758,006 | $40,151,012 … $149,364,999 | computed |
| 2025 | $118,583,005 | $3,000,000 | $115,583,004 | $47,051,010 … $184,114,999 | 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.
2024 -3%
Reliability flags: few years (3); 2 unparsed value(s).
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): -0.6% to -1.0%. 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2021→2022 | $74,057,504 | $74,241,005 | $142,454 | $40,002 | $0 | +0.4% | +0.3% … +0.6% | -99% … +100% | 83% | counted |
| 2022→2023 | $71,233,004 | $70,858,004 | $131,252 | $0 | $0 | -0.3% | -0.5% … -0.3% | -98% … +97% | 92% | counted |
| 2023→2024 | $79,715,505 | $76,758,004 | $746,854 | $0 | $0 | -2.8% | -3.1% … -1.9% | -103% … +97% | 81% | counted |
| 2024→2025 | $58,508,002 | $58,583,003 | $616,852 | $64,502 | $0 | +1.1% | +0.5% … +1.3% | -90% … +93% | 60% | excluded; not eligible: traced coverage 60% < 60%; many new/exited positions |
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 |
|---|---|---|---|---|---|---|
| 2021 | 10046565 | House annual | 5/14/2022 | 14 | 1 | 10046565.pdffcd42a84803b3c6e3db5ea83660441b3a0264e22a27d998c3a86b96ad89d3e28 |
| 2022 | 10052683 | House annual | 5/14/2023 | 12 | 1 | 10052683.pdfa1068055bd68f6232b5b4144e44de30d091bc65d6206713032207643d2931c1a |
| 2023 | 10057742 | House annual | 5/8/2024 | 14 | 0 | 10057742.pdfac94175c970facd4535ef596d7f87f82264d35a73d1fe9483240f2cdf0df0392 |
| 2024 | 10066012 | House annual | 4/16/2025 | 14 | 0 | 10066012.pdfbf31736911eca0955599d4968bf453dadd0ab02e7a3317f76676f43f84111690 |
| 2025 | 10075438 | House annual | 8/9/2026 | 12 | 0 | 10075438.pdf737ead2cd3a054c2f8dfd23c925abeca95be0ac9aa2923d8d4c13dbfeac8aee9 |
Largest movers 2021→2022
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Vanguard brokerage account ⇒ Vanguard Federal Money Market [BA] | — | held | $100,001 - $250,000 | $250,001 - $500,000 | $0 | $0 |
| Vanguard SIMPLE ⇒ Vanguard Total Stock Market Index (VTSAX) [MF] | — | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $32,002 | $0 |
| Rondell G. Yates and Cynthia L. Yates Trust Deed [DO] | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
| Kyusun Choe Trust Deed [DO] | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Vanguard IRA ⇒ Vanguard Total Stock Market Index (VTSAX) [MF] | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Vanguard brokerage account ⇒ Vanguard Tax-Managed Small Cap (VTMSX) [MF] | — | held | $5,000,001 - $25,000,000 | $5,000,001 - $25,000,000 | $0 | $0 |
| Vanguard brokerage account ⇒ Vanguard Tax-Managed Capital Appreciation (VTCLX) [MF] | — | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $0 | $0 |
| FarSight Technologies, Inc., 100% Interest [OL] | — | held | $5,000,001 - $25,000,000 | $5,000,001 - $25,000,000 | $0 | $0 |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Vanguard brokerage account ⇒ Vanguard Federal Money Market [BA] | — | held | $250,001 - $500,000 | None | $0 | $0 |
| Kyusun Choe Trust Deed [DO] | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Vanguard IRA ⇒ Vanguard Total Stock Market Index (VTSAX) [MF] | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Rondell G. Yates and Cynthia L. Yates Trust Deed [DO] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Vanguard brokerage account ⇒ Vanguard Tax-Managed Small Cap (VTMSX) [MF] | — | held | $5,000,001 - $25,000,000 | $5,000,001 - $25,000,000 | $0 | $0 |
| Vanguard brokerage account ⇒ Vanguard Tax-Managed Capital Appreciation (VTCLX) [MF] | — | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $0 | $0 |
| FarSight Technologies, Inc., 100% Interest [OL] | — | held | $5,000,001 - $25,000,000 | $5,000,001 - $25,000,000 | $0 | $0 |
| FarSight Studios, Inc., 100% Interest [OL] | — | held | $25,000,001 - $50,000,000 | $25,000,001 - $50,000,000 | $0 | $0 |
Largest movers 2023→2024
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Vanguard SIMPLE ⇒ Vanguard Total Stock Market Index [MF] | — | held | $1,000,001 - $5,000,000 | None | $0 | $0 |
| Vanguard SIMPLE ⇒ Vanguard Total Stock Market Index [MF] | SP | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $0 |
| Vanguard brokerage account ⇒ Vanguard Index 500 [MF] | — | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $0 | $0 |
| Vanguard brokerage account ⇒ Vanguard Federal Money Market [BA] | — | held | None | None | $0 | $0 |
| Kyusun Choe Trust Deed [DO] | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Rondell G. Yates and Cynthia L. Yates Trust Deed [DO] | — | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| Rental property [RP] | JT | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $0 | $0 |
| Vanguard brokerage account ⇒ Vanguard Tax-Managed Balanced (VTMFX) [MF] | — | held | $5,000,001 - $25,000,000 | $5,000,001 - $25,000,000 | $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).