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John Fetterman Net Worth: Unraveling the Finances of Pennsylvania's Lieutenant Governor

Published Sat Oct 21 2023 By Bsgurung
John Fetterman Net Worth: Unraveling the Finances of Pennsylvania's Lieutenant Governor

John Fetterman is an American politician known for his distinctive appearance and progressive politics. Born on August 15, 1969, in Reading, Pennsylvania, Fetterman has made a significant impact on Pennsylvania politics. He gained prominence as the mayor of Braddock, a struggling steel town near Pittsburgh, from 2005 to 2019. 

Fetterman's tenure as mayor was marked by efforts to revitalize the community through creative initiatives, such as urban gardening and arts programs. His unique style, including his signature work boots and tattoos, has made him a recognizable figure in Pennsylvania politics. In 2021, Fetterman ran for the U.S. Senate, gaining attention for his progressive policies and focus on issues like healthcare, climate change, and economic inequality. 

John Fetterman's Net Worth in 2023

John Fetterman, an American politician hailing from Pennsylvania, reported a net worth of approximately $1.5 Million as of 2023. His financial disclosure for that period indicated total assets ranging between $717,000 and $1.58 million.

John fetterman Lieutenant Governor of Pennsylvania
Image: American politician John Fetterman giving a speech. Source: Assets

Notably, a significant portion of these assets, estimated to be between $450,000 and $1 million, is earmarked within trusts and bank accounts designated for the benefit of his children.

Salary

John Fetterman's political journey saw an unsuccessful 2016 U.S. Senate run in Pennsylvania, where he placed third in the Democratic primary. 

However, in 2018, he assumed the role of Lieutenant Governor, with an annual salary of $217,610. Fetterman's platform championed healthcare as a right, criminal justice reform, a $15/hour federal minimum wage, and the decriminalization of marijuana.

John Fetterman and Dr. Oz Relation

In 2020, John Fetterman gained national prominence during his campaign for Pennsylvania's Senate seat. His profile surged in 2022 as he skillfully countered his opponent Dr. Oz, a TV personality. 

Fetterman's campaign effectively exposed Oz's lack of genuine connection to Pennsylvania through social media, branding him as a carpetbagger due to his long-standing ties to New Jersey and a $50 million Florida vacation home. 

Oz didn't own property in Pennsylvania until December 2021. Oz's financial disclosure revealed ownership of 9 other homes outside Pennsylvania and assets valued between $100 million and $400 million, shedding light on his wealth and out-of-state interests.

He is Lieutenant Governor of Pennsylvania

In 2004, John Fetterman moved to Braddock, Pennsylvania, and in 2006, he assumed the role of part-time mayor while also directing the youth program full-time. He later became the full-time mayor, serving until 2019 when he assumed the position of Lieutenant Governor of Pennsylvania. 

Notably, Fetterman chose not to take on additional paying jobs, despite the meager $150 per month salary that came with the mayoral role. During his tenure, he relied on parental support, with financial disclosures indicating approximately $54,000 worth of assistance in 2015 alone. 

Additionally, in 2013, Fetterman purchased a former Chevy dealership from his sister for a symbolic $1, converting it into his residence, a property she had acquired in 2007 for $70,000.

John Fetterman Election 

John Fetterman's political journey saw him first run unsuccessfully for Senate in 2016, but in 2018, he secured the position of Lieutenant Governor of Pennsylvania, earning an annual salary of $217,610

In 2021, Fetterman announced his candidacy for the Senate once more, winning the Democratic nomination with nearly 60% support. His opponent, Dr. Oz, engaged in a bitter social media battle, but Fetterman's campaign effectively portrayed Oz as an out-of-state carpetbagger. 

Fetterman emerged victorious with 51% of the vote, resigning as lieutenant governor upon taking office as a U.S. Senator in January 2023.

Investment in the Stock Market

John Fetterman's May 2021 financial statement reveals a range of investment accounts, including a retirement fund and a stock portfolio valued between $717,000 and $1.58 million

John Fetterman
Image: John Fetterman with his staff. Source: Pittsburgh Post-Gazette

The majority of these assets, approximately between $450,000 and $1 million, are designated for his children in trusts and bank accounts. Additionally, he holds a single stock investment in Verizon, valued at up to $15,000.

John Fetterman House

John Fetterman owns multiple properties, notably a residence in Braddock, Pennsylvania, acquired for $30,000 in 2001. 

In total, he possesses eight properties in Braddock, P.A., as well as a commercial property—an old Chevrolet Yard—purchased in 2008.

His Car Collections

The average price of John Fetterman's car collection, includes a 1970 Chevrolet Nova, a 1969 Oldsmobile Cutlass, and a 1993 Ford F-150. 

The prices of the cars would vary depending on their condition and specific models, but these vintage vehicles can often command prices ranging from $15,000 to $30,000 or more each in good condition.

John Fetterman Health Today

John Fetterman has faced a series of health challenges throughout his life. He battled depression, experienced episodes of atrial fibrillation and cardiomyopathy, and underwent substantial weight loss. In May 2022, he suffered an ischemic stroke, requiring a pacemaker and defibrillator implant. 

Fortunately, he didn't sustain cognitive damage and was expected to fully recover. Fetterman's ongoing health journey included speech therapy and the use of closed captioning due to auditory processing difficulties. 

In February 2023, he was hospitalized for lightheadedness and later admitted for clinical depression but was discharged in March. Despite these setbacks, he resumed Senate duties in April, chairing an Agriculture Committee subcommittee.

John Fetterman Wife

Gisele Barreto met John Fetterman, who was then the mayor of Braddock, Pennsylvania, in 2007 after she wrote a letter inquiring about the town's steel industry. They married in 2008 and have three children. 

John Fetterman wife and kids
Image: John Fetterman with his wife and three kids together. Source: People

The family resides in Braddock, and they adopted a pet dog named Levi from The Foster Farm, which had rescued him from a home in West Virginia. The family of five are living a wonderful life together. They often visit various places and have quality time together.

Also See: Kyrsten Sinema Husband: Here's What You Should Know About Her Married Life

John Fetterman Education

John Fetterman was born in West Reading, Pennsylvania, to young parents, Karl and Susan Fetterman. The family later relocated to York, where he had an affluent upbringing, surrounded by conservative Republican influences. 

Initially on a path to inherit his father's insurance business, Fetterman played college football while pursuing a finance degree at Albright College, graduating in 1991. 

He furthered his education with an MBA from the University of Connecticut in 1993. He briefly worked as a risk-management underwriter in Pittsburgh before embarking on his distinctive political journey.

How Tall is John Fetterman? 

John Fetterman is notably of considerable stature, towering at an impressive height of 6 feet 9 inches.

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