Official portrait of Rep. Maxine Waters (D-CA)
Official portrait: unitedstates/images (public domain; source GPO Member Guide)

Rep. Maxine Waters (D-CA)

House · Democrat (most recent term) · CA-43 · in Congress 1991–present · Bioguide ID W000187

Party history: D 1991–present. Source: term data in unitedstates/congress-legislators (CC0); party shown is as recorded per term there.

Estimated net worth (from public disclosures)

EstimateReport yearLowMidHigh
(a) Estimated net worth at the earliest available report (2014); the member entered office earlier, in 19912014−$4,349,986$255,505$4,860,996
(b) Latest net worth estimate2025−$138,989$2,558,004$5,254,997
(c) Estimated gain / loss, nominal dollars, 2014 → 2025 (11 years spanned)2014–2025−$4,999,985+$2,302,499+$9,604,983

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 yearAssets (mid)Liabilities (mid)Net worth midLow … HighStatus / flags
2014$3,838,007$3,582,502$255,505−$4,349,986 … $4,860,996computed
2015$3,838,007$3,562,502$275,506−$4,314,986 … $4,865,997computed
2016$3,838,007$3,562,502$275,506−$4,314,986 … $4,865,997computed
2017$3,805,506$3,562,502$243,005−$4,329,987 … $4,815,997computed
2018$3,805,506$3,562,502$243,005−$4,329,987 … $4,815,997computed
2019$3,805,506$3,562,502$243,005−$4,329,987 … $4,815,997computed
2020$3,980,507$1,312,502$2,668,006−$229,986 … $5,565,997computed
2021$3,780,507$1,312,502$2,468,006−$329,986 … $5,265,997computed
2022$3,738,007$1,312,502$2,425,506−$364,986 … $5,215,997computed
2023$3,738,007$1,312,502$2,425,506−$364,986 … $5,215,997computed
2024$3,738,007$1,312,502$2,425,506−$364,986 … $5,215,997computed
2025$3,670,506$1,112,502$2,558,004−$138,989 … $5,254,997computed
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.)+0.9%
Simple average of years+1.0%
Years estimated11
Best / worst single year2025 +4%
2021 -3%

Sensitivity band for the average (all ranges at floor vs. all at ceiling, same holdings both years): +1.2% to +0.9%. 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

-10%0%10%20152016201720182019202020212022202320242025

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. gainSame-position bandStrict envelopeTraced coverageStatus / flags
2014→2015$3,663,006$3,663,006$42,903$0$0 +1.2%+1.1% … +1.5%-126% … +128%95%counted
2015→2016$3,838,007$3,838,007$75,404$0$0 +2.0%+1.9% … +2.4%-124% … +127%100%counted
2016→2017$3,830,006$3,805,506$75,404$0$0 +1.3%+1.3% … +1.4%-124% … +126%100%counted
2017→2018$3,805,506$3,805,506$75,202$0$0 +2.0%+1.9% … +2.4%-124% … +128%100%counted
2018→2019$3,097,004$3,097,004$201$0$0 +0.0%+0.0% … +0.0%-133% … +133%81%counted
2019→2020$3,805,506$3,805,506$75,303$0$0 +2.0%+1.9% … +2.4%-124% … +128%100%counted
2020→2021$3,980,507$3,780,507$62,804$0$0 -3.4%-4.6% … -3.2%-125% … +118%100%counted
2021→2022$3,705,506$3,663,006$42,802$0$0 +0.0%-1.1% … +0.3%-126% … +126%98%counted
2022→2023$3,738,007$3,738,007$37,153$0$0 +1.0%+0.9% … +1.3%-125% … +127%100%counted
2023→2024$3,738,007$3,738,007$37,153$0$0 +1.0%+0.9% … +1.3%-125% … +127%100%counted
2024→2025$3,546,505$3,638,005$34,952$0$0 +3.6%+3.0% … +6.1%-125% … +132%95%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 yearDoc IDTypeFiledSchedule A rowsRows with unparsed valueSource (official filing) / SHA-256
201410007175House annual5/15/201515010007175.pdf
c1184d90a870ce32190f6cf214ff0f57ca67e80cef9daab560f19aa71519e3da
201510012137House annual5/16/201614010012137.pdf
518a05bd66cb153df4e6e3870397ad706817b4f242b816720e53fb5d765b9bee
201610016846House annual5/15/201714010016846.pdf
3838fe6d83007ec1e68725a1e1608b5e992af67662937ce5a7a94c14c3878d86
201710022927House annual5/15/201813010022927.pdf
44226d94b5f188d1a9e34e681a34cfa4b0193cb31ff32fd3f084fd06b955eecd
201810027431House annual5/15/201913010027431.pdf
ed82367e462a414f476985d1aa6d91c5ee93a70b5d8292bdf503d14382dfb388
201910038229House annual8/13/202013010038229.pdf
d0904dfc83868ae1e465592773d3a4fec93b1bbba4a3c6dec458f3c055561a12
202010042931House annual8/13/202114010042931.pdf
73d5396667e38b006821164d1f12091562ff43504699628bed7045127a87f287
202110049580House annual7/21/202214010049580.pdf
3be1868ea31b9b1f78b70bce6f090c06d82fc1746653d386ee9b41e4184ac557
202210054694House annual8/30/202314010054694.pdf
729595b9e81b70adc56d875f471225304b5af52069bff5fc2dfb65c19a5b58e5
202310062261House annual8/6/202414010062261.pdf
fb102b7a63a96881bcda82354d9c1bc777fe69cbbe50601a228c55c926f155b5
202410068869House annual8/13/202514010068869.pdf
874426b068f6a186afadd2c7dd2fdeac7680a2dc0772a1aa251c64d125fdede3
202510076919House annual8/13/202611010076919.pdf
6c2cd814e0342de064f65334533602603613a95fd4f5742d4fac296c6c602b4d

Largest movers 2022→2023

Position (as written in filing)OwnerKindOpening range(s)Closing range(s)Buys (mid)Sales (mid)
Merrill Lynch: Blackrock Global [MF]SPheld$15,001 - $50,000$15,001 - $50,000$0$0
Tract Unit 3357,Lot 96,CA [RP]SPheld$1,001 - $15,000$1,001 - $15,000$0$0
701 W. Barstow [RP]JTheld$15,001 - $50,000$15,001 - $50,000$0$0
One United Bank [BA]SPheld$1,001 - $15,000; $100,001 - $250,000$1,001 - $15,000; $100,001 - $250,000$0$0
CHESAPEAKE OPERATING LLC [OT]SPheld$100,001 - $250,000$100,001 - $250,000$0$0
American Golf Jt. Venture [OT]SPheld$100,001 - $250,000$100,001 - $250,000$0$0
DWS CA Tax Free Fund [MF]SPheld$15,001 - $50,000$15,001 - $50,000$0$0
549 S. Lucerne [RP]JTheld$1,000,001 - $5,000,000$1,000,001 - $5,000,000$0$0

Largest movers 2023→2024

Position (as written in filing)OwnerKindOpening range(s)Closing range(s)Buys (mid)Sales (mid)
Merrill Lynch: Blackrock Global [MF]SPheld$15,001 - $50,000$15,001 - $50,000$0$0
Tract Unit 3357,Lot 96,CA [RP]SPheld$1,001 - $15,000$1,001 - $15,000$0$0
701 W. Barstow [RP]JTheld$15,001 - $50,000$15,001 - $50,000$0$0
One United Bank [BA]SPheld$1,001 - $15,000; $100,001 - $250,000$1,001 - $15,000; $100,001 - $250,000$0$0
CHESAPEAKE OPERATING LLC [OT]SPheld$100,001 - $250,000$100,001 - $250,000$0$0
American Golf Jt. Venture [OT]SPheld$100,001 - $250,000$100,001 - $250,000$0$0
DWS CA Tax Free Fund [MF]SPheld$15,001 - $50,000$15,001 - $50,000$0$0
549 S. Lucerne [RP]JTheld$1,000,001 - $5,000,000$1,000,001 - $5,000,000$0$0

Largest movers 2024→2025

Position (as written in filing)OwnerKindOpening range(s)Closing range(s)Buys (mid)Sales (mid)
2201 Kirk St. Houston, TX [RP]SPheld$1,001 - $15,000$50,001 - $100,000$0$0
Congressional Federal Credit Union [BA]—held$1,001 - $15,000$15,001 - $50,000$0$0
Merrill Lynch: Blackrock Global [MF]SPheld$15,001 - $50,000$15,001 - $50,000$0$0
Tract Unit 3357,Lot 96,CA [RP]SPheld$1,001 - $15,000$1,001 - $15,000$0$0
701 W. Barstow [RP]JTheld$15,001 - $50,000$15,001 - $50,000$0$0
CHESAPEAKE OPERATING LLC [OT]SPheld$100,001 - $250,000$100,001 - $250,000$0$0
American Golf Jt. Venture [OT]SPheld$100,001 - $250,000$100,001 - $250,000$0$0
DWS CA Tax Free Fund [MF]SPheld$15,001 - $50,000$15,001 - $50,000$0$0

Method (summary)

  1. 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.
  2. 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.
  3. 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).
  4. 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

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).