Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. John Ratcliffe (R-TX)
House · Republican (most recent term) · TX-4 · in Congress 2015–2020 · Bioguide ID R000601
Party history: R 2015–2020. 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 2015, the member's first year in office) | 2015 | $2,630,008 | $7,200,002 | $11,769,997 |
| (b) Latest net worth estimate | 2019 | $2,215,005 | $6,382,502 | $10,550,000 |
| (c) Estimated gain / loss, nominal dollars, 2015 → 2019 (4 years spanned) | 2015–2019 | −$9,554,992 | −$817,500 | +$7,919,992 |
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 |
|---|---|---|---|---|---|
| 2015 | $7,340,004 | $140,002 | $7,200,002 | $2,630,008 … $11,769,997 | computed |
| 2016 | $7,307,504 | $120,001 | $7,187,502 | $2,650,007 … $11,724,998 | computed |
| 2017 | $7,132,503 | $120,001 | $7,012,502 | $2,550,006 … $11,474,998 | computed |
| 2018 | $6,582,502 | $75,000 | $6,507,502 | $2,265,005 … $10,749,999 | computed |
| 2019 | $6,382,502 | $0 | $6,382,502 | $2,215,005 … $10,550,000 | 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.)+2.8%
Simple average of years+2.9%
Years estimated4
Best / worst single year2018 +6%
2019 -1%
2019 -1%
Reliability flags: few years (4).
Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +5.0% to +2.3%. 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2015→2016 | $7,165,004 | $7,307,504 | $153,852 | $0 | $0 | +4.1% | +3.5% … +6.9% | -121% … +129% | 98% | counted |
| 2016→2017 | $7,132,503 | $7,132,503 | $160,602 | $0 | $0 | +2.3% | +1.9% … +3.9% | -122% … +127% | 98% | counted |
| 2017→2018 | $6,382,502 | $6,582,502 | $160,602 | $0 | $0 | +5.6% | +4.4% … +11.5% | -127% … +138% | 89% | counted |
| 2018→2019 | $6,407,502 | $6,207,502 | $160,602 | $0 | $0 | -0.6% | -2.0% … -0.3% | -130% … +129% | 97% | 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 |
|---|---|---|---|---|---|---|
| 2015 | 10011134 | House annual | 5/8/2016 | 8 | 0 | 10011134.pdfdd0097721792d913de128a7e54434b24faf09e31dd85f64d126a0d909e5ac859 |
| 2016 | 10015254 | House annual | 4/16/2017 | 7 | 0 | 10015254.pdf0b45dfc2276cf5f8432364380e9e1555bad040bccc7d86204bd606d4c1eb1543 |
| 2017 | 10023806 | House amendment | 5/30/2018 | 7 | 0 | 10023806.pdf3f4175345773cfb94a686bdafb40247cd2790eab4a6c06d95c7aec0e5f2f26f6 |
| 2018 | 10026709 | House annual | 5/7/2019 | 7 | 0 | 10026709.pdfcec27f5372bd9ac96085998b521ea704e71e268d53e365431c175f466a1875df |
| 2019 | 10038979 | House annual | 9/6/2020 | 6 | 0 | 10038979.pdf5eb3a040f5e8181c72b9c14e974a50ed5426dce34139e1fa871ef26cad7006ed |
Largest movers 2016→2017
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Chisholm 550 LLP [RP] | — | held | $500,001 - $1,000,000 | $500,001 - $1,000,000 | $0 | $0 |
| Wells Fargo Bank Accounts [BA] | JT | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Prudential Fixed Rate Annuity [FN] | JT | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $0 | $0 |
| Starwood Resort [FN] | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Clicks Memphis LLP [OL] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| John Hancock Fixed Rate Annuity [FN] | JT | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $0 | $0 |
Largest movers 2017→2018
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Wells Fargo Bank Accounts [BA] | JT | held | $100,001 - $250,000 | $250,001 - $500,000 | $0 | $0 |
| Prudential Fixed Rate Annuity [FN] | JT | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $0 | $0 |
| Starwood Resort [FN] | — | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| Clicks Memphis LLP [OL] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| John Hancock Fixed Rate Annuity [FN] | JT | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $0 | $0 |
Largest movers 2018→2019
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Wells Fargo Bank Accounts [BA] | JT | held | $250,001 - $500,000 | $100,001 - $250,000 | $0 | $0 |
| Prudential Fixed Rate Annuity [FN] | JT | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $0 | $0 |
| Clicks Memphis LLP [RP] | — | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| John Hancock Fixed Rate Annuity [FN] | JT | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $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).