U.S. Wealth WatcherCelebrating Political Fortunes
← All profiles/Senate
Tim Scott

Tim Scott

Senator· SCRSenate● In office
Before officeBusinessperson · Entrepreneur
File · Money Read

What the money shows

Tim Scott has an estimated net worth of $1.6M. The 2026 campaign raised $4.9M. Outside groups had $100,000 spent for Tim Scott. Tim Scott sits on Senate Committee on Banking, Housing, and Urban Affairs and Energy, Natural Resources, and Infrastructure.

Sources: House disclosures · Senate disclosures · FEC

Est. net worth
$1.6M
−$316K+
Raised (last cycle)
$4.9M
FEC · 2026
Years in role
13
Senator since 2013 · 15y in office
Net-worth filings
13
+$2.4M since 2013
File A — Net Worth

Net worth over time

Estimated from financial disclosures. The band shows the disclosed range; the line is the midpoint estimate.

Why negative? Financial disclosures require officials to report mortgages and loans as liabilities, but exclude personal residences and other non-income-producing assets. Someone whose main asset is their home can show a negative disclosednet worth in some years — it doesn’t necessarily mean they’re in debt. See methodology.
midpoint disclosed range govt salary
source filing →

† Includes one or more open-ended top brackets (over $50M). The high end is a floor, so the true figure may be higher.

File C — Service

Term history

  1. SenatorSCR
    2023 – 2029 · 6 yrs
  2. SenatorSCR
    2017 – 2023 · 6 yrs
  3. SenatorSCR
    2015 – 2017 · 2 yrs
  4. SenatorSCRHouse → Senate
    2013 – 2015 · 2 yrs
  5. RepresentativeSC-1R
    2011 – 2013 · 2 yrs
File D — Benchmark

If they'd just invested 20%

A disciplined-saver benchmark: 20% of each year's government salary, invested at an assumed 10%/yr return — versus actual disclosed net worth.

hypothetical retirement actual net worth salary

Hypothetical, not actual savings — see methodology.