Gary Peters
Photo: US Senate Photography, Public domain, via Wikimedia Commons

Gary Peters Net Worth

U.S. Senator for Michigan
DemocratSenateMichiganMillionaire
Estimated net worth (midpoint)
$8.1M
Range: $4.28M to $11.9M
Source: U.S. Senate eFD, Annual Report for CY 2025 filed May 14, 2026. Updated November 10, 2026.
How to read this: members of Congress report each asset and debt in a value band (for example, $1,001 to $15,000), not an exact amount. We add up the low ends and the high ends, then subtract debts the same way, to get the widest possible range. The midpoint is simply the middle of that range, not a measured value. The forms do not include a home the official lives in (unless it earns rent), cars and personal belongings, or federal retirement savings such as the Thrift Savings Plan, so true net worth can be higher.

Gary Peters’s net worth over time

$0$5M$10M$15MSenate (2015) ▸2014: $1.44M to $6.22M (Annual Report for CY 2014, filed May 15, 2015)2015: $1.53M to $6.52M (Annual Report for CY 2015, filed May 16, 2016)2016: $1.51M to $6.6M (Annual Report for CY 2016, filed May 15, 2017)2017: $1.93M to $7.29M (Annual Report for CY 2017, filed May 15, 2018)2018: $1.75M to $6.97M (Annual Report for CY 2018, filed May 15, 2019)2019: $2.39M to $8.46M (Annual Report for CY 2019, filed August 13, 2020)2020: $2.8M to $9.26M (Annual Report for CY 2020, filed May 17, 2021)2021: $3.19M to $10.1M (Annual Report for CY 2021 (Amendment 1), filed May 3, 2023)2022: $2.99M to $9.59M (Annual Report for CY 2022, filed May 15, 2023)2023: $3.26M to $10.2M (Annual Report for CY 2023, filed May 15, 2024)2024: $3.49M to $10.7M (Annual Report for CY 2024, filed May 15, 2025)2025: $4.28M to $11.9M (Annual Report for CY 2025, filed May 14, 2026)Midpoint $3.83MMidpoint $4.03MMidpoint $4.06MMidpoint $4.61MMidpoint $4.36MMidpoint $5.43MMidpoint $6.03MMidpoint $6.64MMidpoint $6.29MMidpoint $6.72MMidpoint $7.09MMidpoint $8.08M201420152016201720182019202020212022202320242025

Swipe the chart to see every year →

Disclosed range (low to high)MidpointTook office

He served in the U.S. House from 2009 and joined the Senate in 2015. His first report in the Senate's online database covers 2014, the year before he joined the Senate; his House reports are not included. Every bar is one official report, added up the same way. Nothing is filled in between reports. Tap or hover a bar for details.

See every year as a table
YearNet worth rangeMidpointSource
2014$1.44M to $6.22M$3.83MAnnual Report for CY 2014, filed May 15, 2015
2015$1.53M to $6.52M$4.03MAnnual Report for CY 2015, filed May 16, 2016
2016$1.51M to $6.6M$4.06MAnnual Report for CY 2016, filed May 15, 2017
2017$1.93M to $7.29M$4.61MAnnual Report for CY 2017, filed May 15, 2018
2018$1.75M to $6.97M$4.36MAnnual Report for CY 2018, filed May 15, 2019
2019$2.39M to $8.46M$5.43MAnnual Report for CY 2019, filed August 13, 2020
2020$2.8M to $9.26M$6.03MAnnual Report for CY 2020, filed May 17, 2021
2021$3.19M to $10.1M$6.64MAnnual Report for CY 2021 (Amendment 1), filed May 3, 2023
2022$2.99M to $9.59M$6.29MAnnual Report for CY 2022, filed May 15, 2023
2023$3.26M to $10.2M$6.72MAnnual Report for CY 2023, filed May 15, 2024
2024$3.49M to $10.7M$7.09MAnnual Report for CY 2024, filed May 15, 2025
2025$4.28M to $11.9M$8.08MAnnual Report for CY 2025, filed May 14, 2026

Since the earliest online report (2014)

+$2.84M
change in the low end ($1.44M → $4.28M)
+$5.66M
change in the high end ($6.22M → $11.9M)
+$4.25M
change in the midpoint ($3.83M → $8.08M)

Compares the 2014 report with the 2025 report, using the same method for both. He served in the U.S. House from 2009 and joined the Senate in 2015. His first report in the Senate's online database covers 2014, the year before he joined the Senate; his House reports are not included. Changes can come from a spouse’s assets, market moves, property values, new debts or how filers choose bands, and the forms do not say which. We do not guess.

What the latest report lists

UBS Bank USA Core Savings$500K–$1M
Congressional Federal$250K–$500K
Vanguard Wellington Fund (VWELX), spouse$250K–$500K
Fidelity 500 Index Fund, spouse$100K–$250K
Debtsnone reported

From the 2025 report filed May 14, 2026. Highlights only. The full report is linked in the sources below.

Where the money comes from

Congressional salaryStocksMutual funds and ETFsU.S. Treasury securitiesBank and cash accounts

Main sources named in the disclosures and the reporting we cite. The forms don’t split the total into exact amounts, so we don’t show percentages.

Gary Peters reported household assets minus debts of $4.28M to $11.9M, a midpoint of about $8.08M, on his latest financial disclosure (Annual Report for CY 2025, filed May 14, 2026).

Gary Peters has represented Michigan in the U.S. Senate since 2015. A Democrat, he was reelected in 2020 and announced in January 2025 that he would not run again in 2026.

A former Navy Reserve officer and investment advisor, he served in the Michigan Senate from 1995 to 2002, as Michigan Lottery commissioner from 2003 to 2008 and in the U.S. House from 2009 to 2015. His first report shown here covers 2014, the year before he joined the Senate.

What his 2025 disclosure shows

The report he filed on May 14, 2026 covers 2025. It lists 206 assets with a value, adding up to $4.3 million to $11.9 million. The largest are UBS Bank USA Core Savings ($500K–$1M); Congressional Federal ($250K–$500K) and Vanguard Wellington Fund (VWELX) (spouse, $250K–$500K). Another 40 items are listed with no value or an undetermined value, such as a pension, so they are not counted.

The report lists no debts that we count, so the range of $4.3 million to $11.9 million comes from the assets alone, with a midpoint of about $8.1 million.

How the range has changed

Using the same method for every year, the midpoint of his disclosed range went from about $3.8 million on his 2014 report to about $8.1 million on his 2025 report. The chart shows twelve reports from 2014 to 2025, each added up the same way, and nothing is filled in between them.

These are ranges built from the value bands on each form, not exact values. They move with market prices, property values, new or paid-off debts and the bands a filer picks, and the forms do not say which of these caused a change. Like every member of Congress, Peters does not have to report a home he lives in, cars and personal belongings, or federal retirement savings such as the Thrift Savings Plan, so his real net worth could be higher than these forms show.

Career and money timeline

  1. 1995

    Joins the Michigan Senate (to 2002).

  2. 2009

    Takes office in the U.S. House.

  3. 2014

    Earliest report in the Senate's online database: range of $1.4 million to $6.2 million (midpoint $3.8 million).

  4. 2015

    Takes office as a U.S. senator.

  5. 2025

    Announces he will not seek reelection in 2026.

  6. 2025

    Latest report: range of $4.3 million to $11.9 million (midpoint $8.1 million).

Gary Peters net worth FAQ

What is Gary Peters's net worth?

Gary Peters's 2025 financial disclosure puts household assets minus debts at $4.28M to $11.9M, a midpoint of about $8.08M. Officials report values in ranges, so this is an estimate, not an exact figure.

Where does this number come from?

From Gary Peters's official annual financial disclosure, filed with the U.S. Senate on May 14, 2026. We add up every asset and debt band on the form. The same method is used for every year on the chart.

Has Gary Peters's net worth changed since taking office?

Compared with the earliest online report (2014), the low end of the range went from $1.44M to $4.28M and the high end from $6.22M to $11.9M. He served in the U.S. House from 2009 and joined the Senate in 2015. His first report in the Senate's online database covers 2014, the year before he joined the Senate; his House reports are not included.

What are Gary Peters's largest assets?

On his 2025 report, the largest holdings are UBS Bank USA Core Savings ($500K–$1M); Congressional Federal ($250K–$500K); Vanguard Wellington Fund (VWELX) (spouse, $250K–$500K). Values are reported in bands, not exact amounts.

Sources

  1. U.S. Senate, Electronic Financial Disclosures (eFD) database (accessed November 10, 2026). Filings used for the chart:
  2. House Committee on Ethics, Financial Disclosure Instruction Guide (calendar year 2025). What is and isn’t reported.
  3. Background facts: Wikipedia, Gary Peters (accessed November 10, 2026). Used for career facts only, never for figures.

Photo: US Senate Photography, Public domain, via Wikimedia Commons.

Every number on this page comes from an official filing or the named report next to it. We never fill in years with our own guesses, and this page is not a judgment about how the money was made. How we handle estimates.