Derek Schmidt’s net worth over time
Swipe the chart to see every year →
His first report in the online database covers 2024, before he took office in 2025, so the chart starts before his first day in office. 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
| Year | Net worth range | Midpoint | Source |
| 2024 | $2.5M to $6.91M | $4.71M | 2024 report (new member), filed August 13, 2025 |
| 2025 | $2.7M to $7.57M | $5.13M | 2025 annual report, filed August 13, 2026 |
Since the earliest online report (2024)
Compares the 2024 report with the 2025 report, using the same method for both. His first report in the online database covers 2024, before he took office in 2025, so the chart starts before his first day in office. 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
| 240 Acres Cherryvale Kansas, 100% Interest | $500K–$1M |
| Tan Door Holdings LLC: Rental property, Lawrence KS, 100% Interest (Lawrence/Douglas, KS), joint | $250K–$500K |
| Real estate, Independence Kansas (Independence/Montgomery, KS), joint | $100K–$250K |
| Kansas Public Employees Retirement System (KPERS) | $100K–$250K |
| Debt: Farm Equipment Loan, Kubota Credit Corporation, joint | $15,001–$50,000 |
From the 2025 report filed August 13, 2026. Highlights only. The full report is linked in the sources below.
Where the money comes from
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.
Derek Schmidt reported household assets minus debts of $2.7M to $7.57M, a midpoint of about $5.13M, on his latest financial disclosure (2025 annual report, filed August 13, 2026).
Derek Schmidt has represented Kansas's 2nd congressional district since 2025. He is a lawyer and a member of the Republican Party.
He represented the 15th district in the Kansas Senate from 2001 to 2011, where he served as Agriculture Committee chairman and majority leader, and was Kansas Attorney General from 2011 to 2023. He was the Republican nominee for governor of Kansas in 2022. His first report shown here covers 2024, the year before he took office.
What his 2025 disclosure shows
The report he filed on August 13, 2026 covers 2025. It lists 133 assets with a value, adding up to $2.8 million to $7.6 million. The largest are 240 Acres Cherryvale Kansas, 100% Interest ($500K–$1M); Tan Door Holdings LLC: Rental property, Lawrence KS, 100% Interest (Lawrence/Douglas, KS) (joint, $250K–$500K) and Real estate, Independence Kansas (Independence/Montgomery, KS) (joint, $100K–$250K). Another eight items are listed with no value or an undetermined value, such as a pension, so they are not counted.
On the debt side, the report lists one debt, a farm Equipment Loan with Kubota Credit Corporation, held jointly, in the $15,001–$50,000 band. Subtracting debts the same way gives a range of $2.7 million to $7.6 million, with a midpoint of about $5.1 million.
How the range has changed
Using the same method for every year, the midpoint of his disclosed range went from about $4.7 million on his 2024 report to about $5.1 million on his 2025 report. The chart shows two reports from 2024 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, Schmidt 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
- 2001
Joins the Kansas Senate (to 2011).
- 2011
Becomes Kansas Attorney General (to 2023).
- 2022
Republican nominee for governor of Kansas.
- 2024
Earliest report in the House's online database: range of $2.5 million to $6.9 million (midpoint $4.7 million).
- 2025
Takes office in the U.S. House.
- 2025
Latest report: range of $2.7 million to $7.6 million (midpoint $5.1 million).
Derek Schmidt net worth FAQ
What is Derek Schmidt's net worth?
Derek Schmidt's 2025 financial disclosure puts household assets minus debts at $2.7M to $7.57M, a midpoint of about $5.13M. Officials report values in ranges, so this is an estimate, not an exact figure.
Where does this number come from?
From Derek Schmidt's official annual financial disclosure, filed with the Clerk of the House on August 13, 2026. We add up every asset and debt band on the form. The same method is used for every year on the chart.
Has Derek Schmidt's net worth changed since taking office?
Compared with the earliest online report (2024), the low end of the range went from $2.5M to $2.7M and the high end from $6.91M to $7.57M. His first report in the online database covers 2024, before he took office in 2025, so the chart starts before his first day in office.
What are Derek Schmidt's largest assets?
On his 2025 report, the largest holdings are 240 Acres Cherryvale Kansas, 100% Interest ($500K–$1M); Tan Door Holdings LLC: Rental property, Lawrence KS, 100% Interest (Lawrence/Douglas, KS) (joint, $250K–$500K); Real estate, Independence Kansas (Independence/Montgomery, KS) (joint, $100K–$250K). Values are reported in bands, not exact amounts.
Sources
- Clerk of the U.S. House, Financial Disclosure Reports database (accessed November 2, 2026). Filings used for the chart:
- 2025 annual report (August 13, 2026)
- 2024 report (new member) (August 13, 2025)
- House Committee on Ethics, Financial Disclosure Instruction Guide (calendar year 2025). What is and isn’t reported.
- Background facts: Wikipedia, Derek Schmidt (accessed November 2, 2026). Used for career facts only, never for figures.
Photo: Ike Hayman, House Creative Services, 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.