Sen. Mike Rounds (R-SD)
Senate · Republican (most recent term) · SD · in Congress 2015–present · Bioguide ID R000605
Party history: R 2015–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 2014) | 2014 | $350,031 | $1,362,514 | $2,374,998 |
| (b) Latest net worth estimate | 2025 | $3,450,067 | $8,025,033 | $12,599,999 |
| (c) Estimated gain / loss, nominal dollars, 2014 → 2025 (11 years spanned) | 2014–2025 | +$1,075,069 | +$6,662,518 | +$12,249,968 |
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 |
|---|---|---|---|---|---|
| 2014 | $1,912,516 | $550,001 | $1,362,514 | $350,031 … $2,374,998 | computed |
| 2015 | $16,363,022 | $550,001 | $15,813,022 | $4,936,045 … $26,689,998 | computed |
| 2016 | $12,053,035 | $3,000,000 | $9,053,034 | −$283,930 … $18,389,999 | computed |
| 2017 | $10,297,534 | $3,175,001 | $7,122,533 | −$704,932 … $14,949,998 | computed |
| 2018 | $7,706,032 | $3,175,001 | $4,531,032 | −$1,442,935 … $10,504,998 | computed |
| 2019 | $8,308,034 | $3,175,001 | $5,133,032 | −$1,023,933 … $11,289,998 | computed |
| 2020 | $8,234,044 | $3,000,000 | $5,234,043 | −$976,913 … $11,444,999 | computed |
| 2021 | $8,683,535 | $3,000,000 | $5,683,534 | −$612,930 … $11,979,999 | computed |
| 2022 | $7,930,035 | $3,000,000 | $4,930,034 | −$1,089,930 … $10,949,999 | computed |
| 2023 | $8,466,534 | $750,000 | $7,716,534 | $3,238,069 … $12,194,999 | computed |
| 2024 | $8,867,534 | $750,000 | $8,117,534 | $3,535,068 … $12,699,999 | computed |
| 2025 | $8,775,034 | $750,000 | $8,025,033 | $3,450,067 … $12,599,999 | 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.
2016 -59%
Reliability flags: a year exceeds ±100%; 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): +11.2% to +16.0%. 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2014→2015 | $1,228,008 | $15,845,008 | $1,201 | $0 | $0 | +1190.4% | +640.9% … +1427.8% | +307% … +2073% | 64% | counted; single position drives the result (range jump); |estimate| > 300% (likely range artefact) |
| 2015→2016 | $15,702,508 | $6,494,508 | $600 | $0 | $0 | -58.6% | -58.7% … -58.3% | -151% … +34% | 96% | counted; single position drives the result (range jump) |
| 2016→2017 | $10,991,528 | $9,085,028 | $37,418 | $0 | $0 | -17.0% | -19.5% … -6.1% | -128% … +94% | 91% | counted |
| 2017→2018 | $8,290,515 | $6,165,015 | $57,311 | $0 | $0 | -24.9% | -28.3% … -11.9% | -123% … +73% | 81% | counted |
| 2018→2019 | $7,233,029 | $7,385,029 | $44,410 | $0 | $0 | +2.7% | +2.3% … +4.1% | -101% … +106% | 94% | counted |
| 2019→2020 | $7,884,532 | $7,859,032 | $68,162 | $0 | $0 | +0.5% | -1.2% … +1.1% | -100% … +101% | 95% | counted |
| 2020→2021 | $4,806,006 | $4,831,506 | $600 | $0 | $0 | +0.5% | -0.6% … +0.9% | -109% … +111% | 58% | excluded; not eligible: traced coverage 58% < 60% |
| 2021→2022 | $8,683,535 | $7,922,034 | $62,412 | $0 | $0 | -8.1% | -10.1% … -7.3% | -104% … +88% | 100% | counted |
| 2022→2023 | $7,307,032 | $7,876,032 | $79,466 | $0 | $0 | +8.9% | +8.2% … +10.9% | -98% … +116% | 92% | counted |
| 2023→2024 | $1,108,002 | $908,002 | $1,750 | $0 | $0 | -17.9% | -21.3% … -16.3% | -87% … +51% | 13% | excluded; not eligible: traced coverage 13% < 60% |
| 2024→2025 | $8,827,033 | $8,767,033 | $87,964 | $0 | $0 | +0.3% | -0.5% … +0.6% | -98% … +98% | 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 |
|---|---|---|---|---|---|---|
| 2014 | a5bbacac-45df-45c3-ab8c-c372681bb690 | Senate amendment | 07/17/2015 | 31 | 0 | Senate eFD reportc7ff97af9f33b7c996bf095e898bf4f6d1f1be9226173926709939f98f95251f |
| 2015 | 17800b13-d908-4774-80b5-99a3a7dcfa75 | Senate amendment | 09/01/2017 | 45 | 0 | Senate eFD reportaade8415a4039f2ee311e48b9a69feac06cdab730f20d1fe8446cc03739c967a |
| 2016 | 16ad810a-4300-420d-a70d-c0e3f7b130b3 | Senate amendment | 09/01/2017 | 70 | 0 | Senate eFD report2683d1bcbffe10b67e05d4c3931dcbe0dd57c90730315dd63acea8b5e5ab0c25 |
| 2017 | 12f78ccf-a99a-43b1-beb9-ed372ca3e4ab | Senate amendment | 10/18/2018 | 68 | 0 | Senate eFD reporta10d5ef5fe76d61ff94f97882d11302b454bc66a1f66fbd8a503d71a685f86d1 |
| 2018 | 89246d0d-a9ac-43ad-8ad3-280aba29aae2 | Senate annual | 05/14/2019 | 65 | 0 | Senate eFD reportd84b48275cc0860d24c9a307830beba8ce20e2a708986c72917d6b233c6d1b7e |
| 2019 | f2ad1cc2-ab7b-46f5-bcee-f45fce789fd3 | Senate annual | 08/05/2020 | 67 | 0 | Senate eFD report8639686f0570d362e9ca6ad99b8551311978eb04fa4d7751efb3072ca6187464 |
| 2020 | a2db205f-0f01-41aa-a39c-237125042319 | Senate annual | 05/17/2021 | 87 | 0 | Senate eFD reporta2dac6d31d3d7f2b5be1119672382a13de5d876cbba8e25b3e5be423ab21b5c0 |
| 2021 | 037bf296-b21a-4eec-acc6-fd73cf7d9edd | Senate amendment | 05/22/2024 | 70 | 0 | Senate eFD report7ffe8e103cca41bc560c315292cabf1045ea7e9ad8a45234820b7ce0408cd215 |
| 2022 | 4e3d5ac3-c9c5-471f-b048-48ce77b46373 | Senate amendment | 05/22/2024 | 70 | 0 | Senate eFD reportb2ae53ef76ec4fba4441986e77eb004c0a7859b443a68ab6801b2d4066a7d5e1 |
| 2023 | 157efca4-3dd9-4fa1-9f76-28801e38d12d | Senate annual | 05/14/2024 | 69 | 0 | Senate eFD report75f6c75a61dc16f66fe987903708b01f7fa9c00d99f57f94b05b47043a69f730 |
| 2024 | 11af92d3-b8b3-41c5-913b-1c04f6df8b17 | Senate annual | 05/13/2025 | 68 | 0 | Senate eFD reportc3244b6832fcb5bef16b972ea5f3b64174205af3d4718d57b7f8e54dff032c7e |
| 2025 | d383b64d-7a33-4ac0-b049-8f04bdeeb6a0 | Senate annual | 05/07/2026 | 67 | 0 | Senate eFD report8fe579857041fde1085694dbfafa974ff5e43b2b94a386e1046f24d2e185e7c3 |
Largest movers 2021→2022
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Oahe Federal Credit Union (Pierre, SD) Type: Savings | JT | held | $500,001 - $1,000,000 | $250,001 - $500,000 | $0 | $0 |
| Royal Alliance Brokerage Account ⇒ VMBS - Vanguard Mortgage-Backed Securities ETF | — | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| Royal Alliance Brokerage Account ⇒ BNDX - Vanguard Total International Bond ETF | — | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| Royal Alliance Individual Retirement Account ⇒ BND - Vanguard Total Bond Market ETF | — | held | $100,001 - $250,000 | $50,001 - $100,000 | $0 | $0 |
| Royal Alliance Individual Retirement Account ⇒ VGT - Information Technology ETF Vanguard | — | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| Royal Alliance Brokerage Account ⇒ VNQ - Vanguard Real Estate ETF | — | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| Royal Alliance Brokerage Account ⇒ VCR - Vanguard Consumer Discretion ETF | — | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| Lake Sharpe Investments, LLC Company: Lake Sharpe Investments, LLC (Pierre, SD) Descriptio | — | held | $1,001 - $15,000 | $15,001 - $50,000 | $0 | $0 |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Lake Sharpe Investments, LLC Company: Lake Sharpe Investments, LLC (Pierre, SD) Descriptio | — | held | $50,001 - $100,000 | $250,001 - $500,000 | $0 | $0 |
| Royal Alliance Brokerage Account ⇒ VMBS - Vanguard Mortgage-Backed Securities ETF | — | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| Royal Alliance Brokerage Account ⇒ BNDX - Vanguard Total International Bond ETF | — | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| Bird Dog Hospitality Fund I, LLC Company: Bird Dog Hospitality Fund I, LLC (Sioux Falls, S | JT | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| Royal Alliance Brokerage Account ⇒ VNQ - Vanguard Real Estate ETF | — | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $0 |
| Royal Alliance Brokerage Account ⇒ Pershing LLC (Pierre, SD) Type: Money Market Account | — | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| Royal Alliance Brokerage Account ⇒ VCR - Vanguard Consumer Discretion ETF | — | held | $15,001 - $50,000 | $50,001 - $100,000 | $0 | $0 |
| Royal Alliance Individual Retirement Account ⇒ Pershing LLC (Pierre, SD) Type: IRA Cash Ac | — | held | $15,001 - $50,000 | $1,001 - $15,000 | $0 | $0 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Lake Sharpe Investments, LLC Company: Lake Sharpe Investments, LLC (Pierre, SD) Descriptio | JT | held | $500,001 - $1,000,000 | $1,001 - $15,000 | $0 | $0 |
| Osaic Brokerage Account ⇒ BSV - Vanguard Short-Term Bond ETF | — | held | $100,001 - $250,000 | $250,001 - $500,000 | $0 | $0 |
| Roundtable, LLC Company: Roundtable, LLC (Fort Pierre, SD) Description: Farm ⇒ Bankwest (P | — | held | $100,001 - $250,000 | $250,001 - $500,000 | $0 | $0 |
| Osaic Individual Retirement Account ⇒ BND - Vanguard Total Bond Market ETF | — | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| Osaic Individual Retirement Account ⇒ VTIP - Vanguard Short-Term Inflation-Protected Secur | — | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| Osaic Individual Retirement Account ⇒ BSV - Vanguard Short-Term Bond ETF | — | held | $50,001 - $100,000 | $100,001 - $250,000 | $0 | $0 |
| Osaic Brokerage Account ⇒ Pershing LLC (Pierre, SD) Type: Money Market Account | — | held | $50,001 - $100,000 | $15,001 - $50,000 | $0 | $0 |
| Osaic Individual Retirement Account ⇒ BNDX - Vanguard Total International Bond ETF | — | held | $15,001 - $50,000 | $50,001 - $100,000 | $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).