David Kustoff
Photo: House Creative Services, Public domain, via Wikimedia Commons

David Kustoff Net Worth

U.S. Representative for Tennessee
RepublicanHouseTennesseeMillionaire
Estimated net worth (midpoint)
$8.5M
Range: $4.13M to $12.8M
Source: U.S. House Clerk, 2025 annual report filed August 13, 2026. Updated November 4, 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. We also leave out mortgages on homes the report does not list as assets, because the homes themselves are not counted either.

David Kustoff’s net worth over time

$0$5M$10M$15M2017: $1.71M to $4.84M (Amendment to 2017 annual report, filed August 11, 2023)2018: $1.64M to $4.64M (Amendment to 2018 annual report, filed August 11, 2023)2019: $1.9M to $5.13M (Amendment to 2019 annual report, filed August 11, 2023)2020: $2.66M to $9.73M (Amendment to 2020 annual report, filed August 11, 2023)2021: $3.01M to $10.4M (2021 annual report, filed May 12, 2022)2022: $2.97M to $10.3M (2022 annual report, filed August 11, 2023)2023: $2.83M to $9.97M (Amendment to 2023 annual report, filed August 13, 2025)2024: $3.85M to $12.2M (2024 annual report, filed August 13, 2025)2025: $4.13M to $12.8M (2025 annual report, filed August 13, 2026)Midpoint $3.28MMidpoint $3.14MMidpoint $3.52MMidpoint $6.19MMidpoint $6.72MMidpoint $6.63MMidpoint $6.4MMidpoint $8.02MMidpoint $8.47M201720182019202020212022202320242025

Swipe the chart to see every year →

Disclosed range (low to high)MidpointTook office

His first report in the online database covers 2017, the year he took office. His report for 2016 was later amended by a long scanned paper filing, so it is left out rather than guessed. 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
2017$1.71M to $4.84M$3.28MAmendment to 2017 annual report, filed August 11, 2023
2018$1.64M to $4.64M$3.14MAmendment to 2018 annual report, filed August 11, 2023
2019$1.9M to $5.13M$3.52MAmendment to 2019 annual report, filed August 11, 2023
2020$2.66M to $9.73M$6.19MAmendment to 2020 annual report, filed August 11, 2023
2021$3.01M to $10.4M$6.72M2021 annual report, filed May 12, 2022
2022$2.97M to $10.3M$6.63M2022 annual report, filed August 11, 2023
2023$2.83M to $9.97M$6.4MAmendment to 2023 annual report, filed August 13, 2025
2024$3.85M to $12.2M$8.02M2024 annual report, filed August 13, 2025
2025$4.13M to $12.8M$8.47M2025 annual report, filed August 13, 2026

Since the earliest online report (2017)

+$2.42M
change in the low end ($1.71M → $4.13M)
+$7.95M
change in the high end ($4.84M → $12.8M)
+$5.19M
change in the midpoint ($3.28M → $8.47M)

Compares the 2017 report with the 2025 report, using the same method for both. His first report in the online database covers 2017, the year he took office. His report for 2016 was later amended by a long scanned paper filing, so it is left out rather than guessed. 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

Kustoff Family Trust: MassMutual$1M–$5M
Fidelity SEP-IRA: Alphabet Inc. – Class A (GOOGL)$500K–$1M
Kustoff Family Trust: MassMutual 2$500K–$1M
Charles Schwab Rollover IRA: Microsoft Corporation (MSFT)$250K–$500K
Debt: Line of Credit, First Horizon, joint$100K–$250K
Mortgage on a home not listed as an asset (left out of our totals)$250K–$500K

From the 2025 report filed August 13, 2026. Highlights only. The full report is linked in the sources below.

Where the money comes from

Congressional salaryStocksMutual funds and ETFsBank and cash accountsLife insurance

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.

David Kustoff reported household assets minus debts of $4.13M to $12.8M, a midpoint of about $8.47M, on his latest financial disclosure (2025 annual report, filed August 13, 2026).

David Kustoff has represented Tennessee's 8th congressional district since 2017. He is an attorney and a member of the Republican Party. The district includes the bulk of West Tennessee, but most of its population is in the eastern part of the Memphis area, including the eastern fourth of Memphis itself.

From 2006 to 2008 he served as the United States attorney for the Western District of Tennessee. His electronic reports shown here start with 2017, the year he took office; his 2016 report was later amended by a long scanned paper filing and is left out.

What his 2025 disclosure shows

The report he filed on August 13, 2026 covers 2025. It lists 82 assets with a value, adding up to $4.4 million to $12.9 million. The largest are Kustoff Family Trust: MassMutual ($1M–$5M); Fidelity SEP-IRA: Alphabet Inc. – Class A (GOOGL) ($500K–$1M) and Kustoff Family Trust: MassMutual 2 ($500K–$1M).

On the debt side, the report lists one debt, a line of Credit with First Horizon, held jointly, in the $100K–$250K band. Subtracting debts the same way gives a range of $4.1 million to $12.8 million, with a midpoint of about $8.5 million. It also lists a mortgage on a home the report does not list as an asset. As on all our House profiles, we leave that debt out because the home's value is not counted either.

How the range has changed

Using the same method for every year, the midpoint of his disclosed range went from about $3.3 million on his 2017 report to about $8.5 million on his 2025 report. The lowest was about $3.1 million, in 2018. The chart shows nine reports from 2017 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, Kustoff 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. 2006

    Becomes U.S. attorney for the Western District of Tennessee (to 2008).

  2. 2017

    Takes office in the U.S. House.

  3. 2017

    Earliest report in the House's online database: range of $1.7 million to $4.8 million (midpoint $3.3 million).

  4. 2025

    Latest report: range of $4.1 million to $12.8 million (midpoint $8.5 million).

David Kustoff net worth FAQ

What is David Kustoff's net worth?

David Kustoff's 2025 financial disclosure puts household assets minus debts at $4.13M to $12.8M, a midpoint of about $8.47M. Officials report values in ranges, so this is an estimate, not an exact figure.

Where does this number come from?

From David Kustoff'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 David Kustoff's net worth changed since taking office?

Compared with the earliest online report (2017), the low end of the range went from $1.71M to $4.13M and the high end from $4.84M to $12.8M. His first report in the online database covers 2017, the year he took office. His report for 2016 was later amended by a long scanned paper filing, so it is left out rather than guessed.

What are David Kustoff's largest assets?

On his 2025 report, the largest holdings are Kustoff Family Trust: MassMutual ($1M–$5M); Fidelity SEP-IRA: Alphabet Inc. – Class A (GOOGL) ($500K–$1M); Kustoff Family Trust: MassMutual 2 ($500K–$1M). Values are reported in bands, not exact amounts.

Sources

  1. Clerk of the U.S. House, Financial Disclosure Reports database (accessed November 4, 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, David Kustoff (accessed November 4, 2026). Used for career facts only, never for figures.

Photo: 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.