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)
| Estimate | Report year | Low | Mid | High |
|---|---|---|---|---|
| (a) Estimated net worth at the earliest available report (2014); the member entered office earlier, in 1991 | 2014 | −$4,349,986 | $255,505 | $4,860,996 |
| (b) Latest net worth estimate | 2025 | −$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 year | Assets (mid) | Liabilities (mid) | Net worth mid | Low … High | Status / flags |
|---|---|---|---|---|---|
| 2014 | $3,838,007 | $3,582,502 | $255,505 | −$4,349,986 … $4,860,996 | computed |
| 2015 | $3,838,007 | $3,562,502 | $275,506 | −$4,314,986 … $4,865,997 | computed |
| 2016 | $3,838,007 | $3,562,502 | $275,506 | −$4,314,986 … $4,865,997 | computed |
| 2017 | $3,805,506 | $3,562,502 | $243,005 | −$4,329,987 … $4,815,997 | computed |
| 2018 | $3,805,506 | $3,562,502 | $243,005 | −$4,329,987 … $4,815,997 | computed |
| 2019 | $3,805,506 | $3,562,502 | $243,005 | −$4,329,987 … $4,815,997 | computed |
| 2020 | $3,980,507 | $1,312,502 | $2,668,006 | −$229,986 … $5,565,997 | computed |
| 2021 | $3,780,507 | $1,312,502 | $2,468,006 | −$329,986 … $5,265,997 | computed |
| 2022 | $3,738,007 | $1,312,502 | $2,425,506 | −$364,986 … $5,215,997 | computed |
| 2023 | $3,738,007 | $1,312,502 | $2,425,506 | −$364,986 … $5,215,997 | computed |
| 2024 | $3,738,007 | $1,312,502 | $2,425,506 | −$364,986 … $5,215,997 | computed |
| 2025 | $3,670,506 | $1,112,502 | $2,558,004 | −$138,989 … $5,254,997 | 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.
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
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 | $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 year | Doc ID | Type | Filed | Schedule A rows | Rows with unparsed value | Source (official filing) / SHA-256 |
|---|---|---|---|---|---|---|
| 2014 | 10007175 | House annual | 5/15/2015 | 15 | 0 | 10007175.pdfc1184d90a870ce32190f6cf214ff0f57ca67e80cef9daab560f19aa71519e3da |
| 2015 | 10012137 | House annual | 5/16/2016 | 14 | 0 | 10012137.pdf518a05bd66cb153df4e6e3870397ad706817b4f242b816720e53fb5d765b9bee |
| 2016 | 10016846 | House annual | 5/15/2017 | 14 | 0 | 10016846.pdf3838fe6d83007ec1e68725a1e1608b5e992af67662937ce5a7a94c14c3878d86 |
| 2017 | 10022927 | House annual | 5/15/2018 | 13 | 0 | 10022927.pdf44226d94b5f188d1a9e34e681a34cfa4b0193cb31ff32fd3f084fd06b955eecd |
| 2018 | 10027431 | House annual | 5/15/2019 | 13 | 0 | 10027431.pdfed82367e462a414f476985d1aa6d91c5ee93a70b5d8292bdf503d14382dfb388 |
| 2019 | 10038229 | House annual | 8/13/2020 | 13 | 0 | 10038229.pdfd0904dfc83868ae1e465592773d3a4fec93b1bbba4a3c6dec458f3c055561a12 |
| 2020 | 10042931 | House annual | 8/13/2021 | 14 | 0 | 10042931.pdf73d5396667e38b006821164d1f12091562ff43504699628bed7045127a87f287 |
| 2021 | 10049580 | House annual | 7/21/2022 | 14 | 0 | 10049580.pdf3be1868ea31b9b1f78b70bce6f090c06d82fc1746653d386ee9b41e4184ac557 |
| 2022 | 10054694 | House annual | 8/30/2023 | 14 | 0 | 10054694.pdf729595b9e81b70adc56d875f471225304b5af52069bff5fc2dfb65c19a5b58e5 |
| 2023 | 10062261 | House annual | 8/6/2024 | 14 | 0 | 10062261.pdffb102b7a63a96881bcda82354d9c1bc777fe69cbbe50601a228c55c926f155b5 |
| 2024 | 10068869 | House annual | 8/13/2025 | 14 | 0 | 10068869.pdf874426b068f6a186afadd2c7dd2fdeac7680a2dc0772a1aa251c64d125fdede3 |
| 2025 | 10076919 | House annual | 8/13/2026 | 11 | 0 | 10076919.pdf6c2cd814e0342de064f65334533602603613a95fd4f5742d4fac296c6c602b4d |
Largest movers 2022→2023
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Merrill Lynch: Blackrock Global [MF] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Tract Unit 3357,Lot 96,CA [RP] | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| 701 W. Barstow [RP] | JT | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| One United Bank [BA] | SP | held | $1,001 - $15,000; $100,001 - $250,000 | $1,001 - $15,000; $100,001 - $250,000 | $0 | $0 |
| CHESAPEAKE OPERATING LLC [OT] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| American Golf Jt. Venture [OT] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| DWS CA Tax Free Fund [MF] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| 549 S. Lucerne [RP] | JT | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $0 | $0 |
Largest movers 2023→2024
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| Merrill Lynch: Blackrock Global [MF] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Tract Unit 3357,Lot 96,CA [RP] | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| 701 W. Barstow [RP] | JT | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| One United Bank [BA] | SP | held | $1,001 - $15,000; $100,001 - $250,000 | $1,001 - $15,000; $100,001 - $250,000 | $0 | $0 |
| CHESAPEAKE OPERATING LLC [OT] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| American Golf Jt. Venture [OT] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| DWS CA Tax Free Fund [MF] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| 549 S. Lucerne [RP] | JT | held | $1,000,001 - $5,000,000 | $1,000,001 - $5,000,000 | $0 | $0 |
Largest movers 2024→2025
| Position (as written in filing) | Owner | Kind | Opening range(s) | Closing range(s) | Buys (mid) | Sales (mid) |
|---|---|---|---|---|---|---|
| 2201 Kirk St. Houston, TX [RP] | SP | held | $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] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| Tract Unit 3357,Lot 96,CA [RP] | SP | held | $1,001 - $15,000 | $1,001 - $15,000 | $0 | $0 |
| 701 W. Barstow [RP] | JT | held | $15,001 - $50,000 | $15,001 - $50,000 | $0 | $0 |
| CHESAPEAKE OPERATING LLC [OT] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| American Golf Jt. Venture [OT] | SP | held | $100,001 - $250,000 | $100,001 - $250,000 | $0 | $0 |
| DWS CA Tax Free Fund [MF] | SP | held | $15,001 - $50,000 | $15,001 - $50,000 | $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).