Rich McCormick
Photo: United States Congress, Public domain, via Wikimedia Commons

Rich McCormick Net Worth

U.S. Representative for Georgia
RepublicanHouseGeorgia
Estimated net worth (midpoint)
$1.2M
Range: $473K to $1.9M
Source: U.S. House Clerk, 2025 annual report filed July 29, 2026. Updated October 25, 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.

Rich McCormick’s net worth over time

$0$1M$2M$3MTook office (Jan 2023) ▸2019: $100K to $250K (Amendment to 2019 annual report, filed September 11, 2020)2022: $273K to $1.22M (Amendment to 2022 annual report, filed September 17, 2025)2023: $342K to $1.53M (Amendment to 2023 annual report, filed September 17, 2025)2024: $527K to $1.98M (2024 annual report, filed August 13, 2025)2025: $473K to $1.9M (2025 annual report, filed July 29, 2026)Midpoint $175KMidpoint $747KMidpoint $936KMidpoint $1.25MMidpoint $1.18M20192022202320242025

Swipe the chart to see every year →

Disclosed range (low to high)MidpointTook office

His first report in the online database covers 2019, before he took office in 2023, 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
YearNet worth rangeMidpointSource
2019$100K to $250K$175KAmendment to 2019 annual report, filed September 11, 2020
2022$273K to $1.22M$747KAmendment to 2022 annual report, filed September 17, 2025
2023$342K to $1.53M$936KAmendment to 2023 annual report, filed September 17, 2025
2024$527K to $1.98M$1.25M2024 annual report, filed August 13, 2025
2025$473K to $1.9M$1.18M2025 annual report, filed July 29, 2026

Since the earliest online report (2019)

+$373K
change in the low end ($100K → $473K)
+$1.65M
change in the high end ($250K → $1.9M)
+$1.01M
change in the midpoint ($175K → $1.18M)

Compares the 2019 report with the 2025 report, using the same method for both. His first report in the online database covers 2019, before he took office in 2023, 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

Allspring Money Market Fund – Premier Class (WMPXX)$250K–$500K
USAA$100K–$250K
Growth Partners IRA: Fidelity Advisor Total Bond Fund: Class I (FEPIX)$15,001–$50,000
Growth Partners IRA: iShares Morningstar Mid-Cap ETF (IMCB)$15,001–$50,000
Debtsnone reported

From the 2025 report filed July 29, 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.

Rich McCormick reported household assets minus debts of $473K to $1.9M, a midpoint of about $1.18M, on his latest financial disclosure (2025 annual report, filed July 29, 2026).

Rich McCormick has represented Georgia in the U.S. House since 2023, first for the 6th congressional district and, after the 2024 election, for the 7th. He serves on the Armed Services, Oversight, and Science, Space, and Technology committees.

According to his official House biography, he is an emergency room physician and a veteran who flew helicopters in the Marine Corps and later served in the Navy, reaching the rank of commander. He earned his medical degree at Morehouse School of Medicine and worked as an ER doctor at Northside Hospital before Congress. He lives in Alpharetta, Georgia.

What his 2025 disclosure shows

The report he filed on July 29, 2026 covers 2025. It lists 69 assets with a value, adding up to $473,000 to $1.9 million. The largest are Allspring Money Market Fund – Premier Class (WMPXX) ($250K–$500K); USAA ($100K–$250K) and Growth Partners IRA: Fidelity Advisor Total Bond Fund: Class I (FEPIX) ($15,001–$50,000). Another nine 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 $473,000 to $1.9 million comes from the assets alone, with a midpoint of about $1.2 million.

How the range has changed

Using the same method for every year, the midpoint of his disclosed range went from about $175,000 on his 2019 report to about $1.2 million on his 2025 report. The highest midpoint was about $1.3 million, on the 2024 report. The chart shows five reports from 2019 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, McCormick 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. 2019

    Earliest report in the House's online database: range of $100,000 to $250,000 (midpoint $175,000).

  2. 2023

    Takes office in the U.S. House.

  3. 2024

    Highest midpoint in the online reports: $1.3 million (range $527,000 to $2 million).

  4. 2025

    Begins representing Georgia's 7th district.

  5. 2025

    Latest report: range of $473,000 to $1.9 million (midpoint $1.2 million).

Rich McCormick net worth FAQ

What is Rich McCormick's net worth?

Rich McCormick's 2025 financial disclosure puts household assets minus debts at $473K to $1.9M, a midpoint of about $1.18M. Officials report values in ranges, so this is an estimate, not an exact figure.

Where does this number come from?

From Rich McCormick's official annual financial disclosure, filed with the Clerk of the House on July 29, 2026. We add up every asset and debt band on the form. The same method is used for every year on the chart.

Has Rich McCormick's net worth changed since taking office?

Compared with the earliest online report (2019), the low end of the range went from $100K to $473K and the high end from $250K to $1.9M. His first report in the online database covers 2019, before he took office in 2023, so the chart starts before his first day in office.

What are Rich McCormick's largest assets?

On his 2025 report, the largest holdings are Allspring Money Market Fund – Premier Class (WMPXX) ($250K–$500K); USAA ($100K–$250K); Growth Partners IRA: Fidelity Advisor Total Bond Fund: Class I (FEPIX) ($15,001–$50,000). Values are reported in bands, not exact amounts.

Sources

  1. Clerk of the U.S. House, Financial Disclosure Reports database (accessed October 25, 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, Rich McCormick (accessed October 25, 2026). Used for career facts only, never for figures.

Photo: United States Congress, 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.