Official portrait: unitedstates/images (public domain; source GPO Member Guide)
Rep. David G. Valadao (R-CA)
House · Republican (most recent term) · CA-22 · in Congress 2013–present · Bioguide ID V000129
Party history: R 2013–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 (2015); the member entered office earlier, in 2013 | 2015 | −$45,298,997 | −$24,742,004 | −$4,185,012 |
| (b) Latest net worth estimate | 2017 | −$103,099,999 | −$60,057,508 | −$17,015,017 |
| (c) Estimated gain / loss, nominal dollars, 2015 → 2017 (2 years spanned) | 2015–2017 | −$98,914,987 | −$35,315,504 | +$28,283,980 |
Gain Low = latest Low − earliest High; Gain High = latest High − earliest Low (widest possible spread); Mid = latest Mid − earliest Mid.
Note: later annual report(s) for 2021, 2022, 2023, 2024, 2025 exist but could not be used for net worth.
Reliability flags (net worth): 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 |
|---|---|---|---|---|---|
| 2015 | $3,383,002 | $28,125,006 | −$24,742,004 | −$45,298,997 … −$4,185,012 | computed |
| 2016 | $6,000,001 | $57,815,008 | −$51,815,006 | −$94,149,998 … −$9,480,015 | computed |
| 2017 | $3,000,000 | $63,057,508 | −$60,057,508 | −$103,099,999 … −$17,015,017 | computed |
| 2021 | not available | the selected filing lists no Schedule A assets ("None disclosed", a partial amendment, or unreadable), so a total cannot be estimated reliably | |||
| 2022 | not available | the selected filing lists no Schedule A assets ("None disclosed", a partial amendment, or unreadable), so a total cannot be estimated reliably | |||
| 2023 | not available | the selected filing lists no Schedule A assets ("None disclosed", a partial amendment, or unreadable), so a total cannot be estimated reliably | |||
| 2024 | not available | the selected filing lists no Schedule A assets ("None disclosed", a partial amendment, or unreadable), so a total cannot be estimated reliably | |||
| 2025 | not available | the selected filing lists no Schedule A assets ("None disclosed", a partial amendment, or unreadable), so a total cannot be estimated reliably | |||
- 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.
Insufficient data to rank. Only 1 comparable year-pair(s) could be computed (minimum 3 to rank). 8 annual filing(s) were usable (text-readable, validated OCR, or validated X-mark decoding) and 0 scanned/image-only filing(s) could not be used (older layouts failing validation, small amendments not integrated). See the method-per-year section below.
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 | $0 | $0 | $0 | $0 | $0 | n/a | n/a … n/a | n/a … n/a | 0% | excluded; not eligible: traced prior-year value below $50,000 |
| 2016→2017 | $6,000,001 | $3,000,000 | $3,000,000 | $0 | $0 | +0.0% | +0.0% … +0.0% | -133% … +133% | 100% | counted |
| 2021→2022 | $0 | $0 | $0 | $0 | $0 | n/a | n/a … n/a | n/a … n/a | 0% | excluded; not eligible: traced prior-year value below $50,000 |
| 2022→2023 | $0 | $0 | $0 | $0 | $0 | n/a | n/a … n/a | n/a … n/a | 0% | excluded; not eligible: traced prior-year value below $50,000 |
| 2023→2024 | $0 | $0 | $0 | $0 | $0 | n/a | n/a … n/a | n/a … n/a | 0% | excluded; not eligible: traced prior-year value below $50,000 |
| 2024→2025 | $0 | $0 | $0 | $0 | $0 | n/a | n/a … n/a | n/a … n/a | 0% | excluded; not eligible: traced prior-year value below $50,000 |
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 | 10013471 | House amendment | 7/20/2016 | 3 | 0 | 10013471.pdff1ec95490abf4bb3e1e93f863599da4ff338113bdc5a532fbfb68768066740cd |
| 2016 | 10016001 | House annual | 5/15/2017 | 2 | 0 | 10016001.pdf4f7c352dd01407909914925ab79c6dcb7125dc9f20cca0b2899b77e32528c164 |
| 2017 | 10020632 | House annual | 6/12/2018 | 2 | 0 | 10020632.pdf16ce49599dffd655fda7ef35b11a2205ce2d2ff796b3844a03f7ee95629cb362 |
| 2021 | 10049337 | House annual | 6/14/2022 | 0 | 0 | 10049337.pdf417a3dfeac48f7cdbc27ce0110240dd996e063c7ac3c5d14b718c344048960ec |
| 2022 | 10055693 | House amendment | 8/15/2023 | 0 | 0 | 10055693.pdf5d94ae427127fc06dc4b377cf96f180a0e9502b95696acae720fe62fc31f16c8 |
| 2023 | 10062640 | House annual | 8/9/2024 | 0 | 0 | 10062640.pdf7027f90645212b54c5e0f8569ffd141f76e47aff426078e7b6e6b2c0a6ce2888 |
| 2024 | 10067886 | House annual | 5/15/2025 | 0 | 0 | 10067886.pdf9237a48475d2e5aafb4bde22d43189e34bfea77a1a8ba575a9e92a31adfe6a68 |
| 2025 | 10075195 | House annual | 5/15/2026 | 0 | 0 | 10075195.pdf3c8de00b03ba3894d0416efaccee6fee1434988b875673fbe9f2989c9b1aaee7 |
Largest movers 2016→2017
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| TRIPLE V DAIRY, DAIRY FARM [OL] | — | held | $1,000,001 - $5,000,000 | None | $0 | $0 |
| VALADAO DAIRY, DAIRY FARM [OL] | — | 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).