Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. Frank Pallone, Jr. (D-NJ)
House · Democrat (most recent term) · NJ-6 · in Congress 1987–present · Bioguide ID P000034
Party history: D 1987–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 1987 | 2013 | $1,153,160 | $3,499,078 | $5,844,996 |
| (b) Latest net worth estimate | 2025 | $1,802,069 | $3,839,032 | $5,875,996 |
| (c) Estimated gain / loss, nominal dollars, 2013 → 2025 (12 years spanned) | 2013–2025 | −$4,042,927 | +$339,954 | +$4,722,836 |
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 | $4,114,080 | $615,002 | $3,499,078 | $1,153,160 … $5,844,996 | computed |
| 2014 | $3,424,572 | $615,002 | $2,809,570 | $778,144 … $4,840,996 | computed; 1 Schedule A row(s) had the upper bound of the range lost in text extraction; completed from the fixed statutory bracket |
| 2015 | $3,292,574 | $627,502 | $2,665,072 | $680,147 … $4,649,996 | computed |
| 2016 | $2,963,562 | $595,002 | $2,368,560 | $633,123 … $4,103,997 | computed |
| 2017 | $2,839,050 | $615,002 | $2,224,048 | $525,101 … $3,922,996 | computed |
| 2018 | $3,491,052 | $1,002,502 | $2,488,550 | $518,105 … $4,458,995 | computed |
| 2019 | $3,576,048 | $647,502 | $2,928,545 | $1,078,095 … $4,778,995 | computed |
| 2020 | $3,493,534 | $647,502 | $2,846,032 | $1,135,069 … $4,556,995 | computed |
| 2021 | $3,952,533 | $647,502 | $3,305,030 | $1,458,066 … $5,151,995 | computed |
| 2022 | $3,205,530 | $647,502 | $2,558,028 | $999,060 … $4,116,995 | computed |
| 2023 | $4,467,031 | $627,502 | $3,839,529 | $1,823,062 … $5,855,996 | computed |
| 2024 | $4,465,034 | $627,502 | $3,837,532 | $1,793,068 … $5,881,996 | computed |
| 2025 | $4,454,034 | $615,002 | $3,839,032 | $1,802,069 … $5,875,996 | 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.)+0.2%
Simple average of years+1.8%
Years estimated11
Best / worst single year2023 +55%
2014 -19%
2014 -19%
Reliability flags: 1 unparsed value(s).
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): -0.4% to +0.4%. 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 | $3,445,054 | $2,896,054 | $80,330 | $207,002 | $16,001 | -19.1% | -22.2% … -18.1% | -114% … +76% | 84% | counted |
| 2014→2015 | $567,511 | $522,012 | $10,704 | $56,004 | $16,001 | -13.2% | -15.6% … -6.0% | -120% … +93% | 17% | excluded; not eligible: traced coverage 17% < 60%; many new/exited positions |
| 2015→2016 | $2,953,058 | $2,874,056 | $37,876 | $384,509 | $247,005 | -6.0% | -7.3% … -2.2% | -120% … +108% | 90% | counted |
| 2016→2017 | $2,618,048 | $2,710,542 | $36,820 | $352,507 | $80,005 | -5.5% | -7.2% … -4.9% | -117% … +106% | 88% | counted |
| 2017→2018 | $2,415,546 | $1,878,044 | $30,720 | $207,002 | $263,006 | -18.7% | -21.4% … -17.8% | -126% … +88% | 85% | counted |
| 2018→2019 | $2,173,538 | $2,217,034 | $41,715 | $206,503 | $246,506 | +5.8% | +4.8% … +8.5% | -102% … +113% | 62% | counted |
| 2019→2020 | $3,232,034 | $3,011,532 | $92,416 | $195,506 | $380,016 | +1.7% | -1.9% … +3.2% | -94% … +98% | 90% | counted |
| 2020→2021 | $3,453,032 | $3,789,527 | $87,760 | $286,508 | $343,010 | +13.9% | +13.0% … +16.1% | -82% … +110% | 99% | counted |
| 2021→2022 | $3,912,030 | $3,157,026 | $114,664 | $152,010 | $225,011 | -14.5% | -15.9% … -13.9% | -96% … +67% | 99% | counted |
| 2022→2023 | $2,332,514 | $3,404,514 | $106,256 | $215,502 | $315,002 | +54.8% | +54.4% … +55.6% | -49% … +159% | 73% | counted |
| 2023→2024 | $4,263,026 | $4,352,030 | $121,014 | $200,511 | $177,506 | +4.4% | +3.8% … +4.7% | -83% … +92% | 95% | counted |
| 2024→2025 | $4,001,031 | $4,014,532 | $126,514 | $152,010 | $152,508 | +3.5% | +3.3% … +3.6% | -86% … +93% | 90% | 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 | 10002360 | House annual | 6/4/2014 | 166 | 0 | 10002360.pdfeb77f7f51c429a1606f2393aece11a36022ce8db3c8daa1acb54489bacda4ec0 |
| 2014 | 10005842 | House annual | 5/15/2015 | 148 | 1 | 10005842.pdf27bf33574b8208fd928c61052eb4d40648bc624b73c35ffb3e221ffaab6738b9 |
| 2015 | 10010853 | House annual | 5/16/2016 | 161 | 0 | 10010853.pdfb09edaf0b551b6d41794d155d36a1d38fe2d541433a06fee2abfd5b355a0d232 |
| 2016 | 10023147 | House amendment | 5/15/2018 | 135 | 0 | 10023147.pdf6ef3dd78759d88a9b7072d79e72c1daf198cfed1b92e2cee88c73aec661de3d4 |
| 2017 | 10021101 | House annual | 5/15/2018 | 124 | 0 | 10021101.pdf814d10852ed380ff91baa8e3b82c0e5b1e1414684d51433d27f14a0e3ca0a390 |
| 2018 | 10026417 | House annual | 5/14/2019 | 114 | 0 | 10026417.pdf7f614678b3a76f24fcae331f37be9f614143eb1c67440b55562ed074433cf3ee |
| 2019 | 10036783 | House annual | 8/12/2020 | 111 | 0 | 10036783.pdf174917aa99b06ca12a57c7b705f1048348b9db672115dfa6e330017e36bf9c26 |
| 2020 | 10049054 | House amendment | 5/16/2022 | 81 | 0 | 10049054.pdfc5d406afd9df65c22a4d59803d41f361445f70bbc36119715895f1067ef1b898 |
| 2021 | 10046709 | House annual | 5/16/2022 | 78 | 0 | 10046709.pdfd8719c2f1c1b71fb2f37ee0f805aa164f28a39df67470295d345a3a85b1a9f82 |
| 2022 | 10051544 | House annual | 5/15/2023 | 68 | 0 | 10051544.pdf02d02580490b13a41734432073ff943b1d0e9851a7184959b9d2ef14fa788dd9 |
| 2023 | 10058824 | House annual | 5/15/2024 | 68 | 0 | 10058824.pdf921aa64d5795576663138ccb8cb755dc5a5c55093391b6c4ab28b476d5a78823 |
| 2024 | 10066248 | House annual | 5/14/2025 | 71 | 0 | 10066248.pdfc2498454296e46710d42b4d37b12a283419ee95aa99563fc0a62117a7fac041c |
| 2025 | 10075741 | House annual | 5/15/2026 | 76 | 0 | 10075741.pdfb6639d090214539a4234dd8a97f6bc9d2b8928bc9a7c1c3d52e5a25f12eaf75e |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| F&J Pallone Realty, LLC - 517 Broadway, Long Branch, NJ (Half Interest) [RP] | — | held | $250,001 - $500,000 | $500,001 - $1,000,000 | $0 | $0 |
| F&J Pallone Realty, LLC - 518 Broadway, Long Branch, NJ (Half Interest) [RP] | — | held | $250,001 - $500,000 | $500,001 - $1,000,000 | $0 | $0 |
| 29 Morrell St., Long Branch, NJ (Half Interest) [RP] | — | held | $250,001 - $500,000 | $500,001 - $1,000,000 | $0 | $0 |
| WELLS FARGO ADVISORS: IRA ⇒ Estee Lauder Companies, Inc. (EL) [ST] | SP | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| WELLS FARGO ADVISORS: GST TRUST 3 ⇒ Emerging Markets Fund Class S (REMSX) [MF] | SP | new | — | $15,001 - $50,000 | $32,500 | $32,500 |
| WELLS FARGO ADVISORS: GST TRUST 3 ⇒ | SP | held | $1,001 - $15,000 | None | $0 | $32,500 |
| WELLS FARGO ADVISORS: IRA ⇒ Washington Mutual Investors Fund Cl F-2 Shs (WMFFX) [MF] | SP | new | — | $15,001 - $50,000 | $8,000 | $0 |
| Chase Bank Account, Long Branch, NJ [BA] | — | held | $1 - $1,000 | $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) |
|---|---|---|---|---|---|---|
| WELLS FARGO ADVISORS: GST TRUST 3 ⇒ U.S. Strategic Equity Fund Class S (RSESX) [MF] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $32,500 |
| WELLS FARGO ADVISORS: GST TRUST 3 ⇒ Strategic Bond Fund Class S (RFCTX) [MF] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $8,000 | $32,500 |
| WELLS FARGO ADVISORS: IRA ⇒ MFS Value Fund - Class I (MEIIX) [MF] | SP | new | — | $15,001 - $50,000 | $8,000 | $0 |
| WELLS FARGO ADVISORS: GST TRUST 3 ⇒ U.S. Small Cap Equity Fund Class S (RLESX) [MF] | SP | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $32,500 |
| WELLS FARGO ADVISORS: GST TRUST 3 ⇒ Global Equity Fund Class S (RGESX) [MF] | SP | held | $15,001 - $50,000 | $50,001 - $100,000 | $32,500 | $0 |
| WELLS FARGO ADVISORS: IRA ⇒ Invesco Developing Markets Fund Class Y (ODVYX) [MF] | SP | new | — | $1,001 - $15,000 | $16,001 | $0 |
| WELLS FARGO ADVISORS: GST TRUST 3 ⇒ International Developed Markets Fund Class S (RINTX) [ | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $8,000 |
| WELLS FARGO ADVISORS: GST TRUST 2 ⇒ iShares Core S&P Total U.S. Stock Market ETF (ITOT) [E | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $16,001 | $8,000 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| WELLS FARGO ADVISORS: GST TRUST 3 ⇒ Strategic Bond Fund Class S (RFCTX) [MF] | SP | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $40,501 |
| Congressional Federal Credit Union [BA] | JT | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| WELLS FARGO ADVISORS: GST TRUST 3 ⇒ Global Infrastructure Fund Class S (RGISX) [MF] | SP | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
| WELLS FARGO ADVISORS: IRA ⇒ NYLI Winslow Large Cap Growth Fund Class I (MLAIX) [MF] | SP | new | — | $15,001 - $50,000 | $8,000 | $0 |
| WELLS FARGO ADVISORS: GST TRUST 2 ⇒ Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GS | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $16,001 |
| WELLS FARGO ADVISORS: GST TRUST 2 ⇒ Vanguard Mid-Cap ETF (VO) [EF] | SP | held | $1,001 - $15,000 | $15,001 - $50,000 | $16,001 | $0 |
| WELLS FARGO ADVISORS: GST TRUST 3 ⇒ Emerging Markets Fund Class S (REMSX) [MF] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $8,000 |
| WELLS FARGO ADVISORS: GST TRUST 2 ⇒ iShares Broad USD High Yield Corporate Bond ETF (USHY) | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $8,000 | $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).