Timothy Michael Kaine is an American attorney and politician serving as the junior US Senator in Virginia since 2013. Kaine was the former 38th Lieutenant Governor, serving from 2002 to 2006, and 70th Governor with regime from 2006 to 2007. Kaine was also the nominee of his party for Vice President of the United States in the 2016 election, with Hillary Clinton for the post of the President.
In a span of over 20 years in the public service, Kaine has socially and financially established himself in the states. Speaking of finance, Kaine has an estimated net worth of $1.45 million as of 2018.
Politician Tim Kaine's net worth is estimated at $1.45 million in 2018. Kaine built his social and economic stature in over 2-decades of his political career, serving in the Democratic Party.
Kaine first served as a city council member in Richmond, Virginia, in 1994, where he later became mayor. In 2002, he was elected lieutenant governor of his home state and then governor in 2006. He went on to become Virginia's junior senator in 2012.
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Starting in 2006, in nine years of tax returns, Kaine provided the VP nominee and his wife reported income of $178,343 (2006), $181,707 (2007), $194,231 (2008), $175,955 (2009), $320,022 (2010), $263,910 (2011), $156,475 (2012), $264,357 (2013), and $314,398 (2014).
The numbers are way more than the income of an average American. However, Kaine hasn't disclosed his overall net worth. He has pension provision and retirement accounts for having spent much of his life as an elected official.
From sources, which track net worth of elected officials, Kaine's net worth is placed at $1.45 million.
In general, alike Republican Mike Pence who possess a small fraction of wealth of the current US president Donald Trump, Kaine also has only a chunk compared to Democratic leader Hillary Clinton's net worth.
View this post on InstagramAnne and I went for a walk at Maymont this morning and ran into some cute kids!
Speaking of the 2016 election, Mike Pence is the only person to file a complete financial disclosure with the Federal Elections Commission. Kaine, jointly with his wife Anne Holton, Virginia's secretary of education, reported income of $313,441 in 2015.
Kaine has earned his wealth with retirement benefits he earned while in office. He also earns from TV gigs. But as Clinton's mate, his net worth should ultimately increase.