Richard Neal
Photo: US House Office of Photography, Public domain, via Wikimedia Commons

Richard Neal Net Worth

U.S. Representative for Massachusetts
DemocratHouseMassachusetts
Estimated net worth (midpoint)
−$391K
Range: −$799K to $17K
Source: U.S. House Clerk, 2025 annual report filed May 15, 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.

Richard Neal’s net worth over time

−$1M−$500K$0$500K$1M◂ Took office (Jan 1989), before the first report shown2014: $33K to $234K (Amendment to 2014 annual report, filed September 30, 2015)2015: $104K to $353K (2015 annual report, filed May 13, 2016)2016: $118K to $387K (2016 annual report, filed May 12, 2017)2017: $147K to $432K (2017 annual report, filed May 14, 2018)2018: $77K to $283K (Amendment to 2018 annual report, filed May 15, 2019)2019: $326K to $869K (2019 annual report, filed August 11, 2020)2020: $211K to $569K (2020 annual report, filed August 11, 2021)2021: $196K to $519K (2021 annual report, filed May 13, 2022)2022: $330K to $854K (2022 annual report, filed May 15, 2023)2023: −$720K to $204K (2023 annual report, filed May 15, 2024)2024: −$884K to −$182K (2024 annual report, filed May 15, 2025)2025: −$799K to $17K (2025 annual report, filed May 15, 2026)Midpoint $134KMidpoint $229KMidpoint $253KMidpoint $290KMidpoint $180KMidpoint $598KMidpoint $390KMidpoint $358KMidpoint $592KMidpoint −$258KMidpoint −$533KMidpoint −$391K201420152016201720182019202020212022202320242025

Swipe the chart to see every year →

Disclosed range (low to high)MidpointTook office

He took office in 1989. The House's online database has his electronic reports from 2014 on, so we can't show his wealth when he first took 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
2014$33K to $234K$134KAmendment to 2014 annual report, filed September 30, 2015
2015$104K to $353K$229K2015 annual report, filed May 13, 2016
2016$118K to $387K$253K2016 annual report, filed May 12, 2017
2017$147K to $432K$290K2017 annual report, filed May 14, 2018
2018$77K to $283K$180KAmendment to 2018 annual report, filed May 15, 2019
2019$326K to $869K$598K2019 annual report, filed August 11, 2020
2020$211K to $569K$390K2020 annual report, filed August 11, 2021
2021$196K to $519K$358K2021 annual report, filed May 13, 2022
2022$330K to $854K$592K2022 annual report, filed May 15, 2023
2023−$720K to $204K−$258K2023 annual report, filed May 15, 2024
2024−$884K to −$182K−$533K2024 annual report, filed May 15, 2025
2025−$799K to $17K−$391K2025 annual report, filed May 15, 2026

Since the earliest online report (2014)

−$832K
change in the low end ($33K → −$799K)
−$217K
change in the high end ($234K → $17K)
−$525K
change in the midpoint ($134K → −$391K)

Compares the 2014 report with the 2025 report, using the same method for both. He took office in 1989. The House's online database has his electronic reports from 2014 on, so we can't show his wealth when he first took 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

Needham Bank$100K–$250K
T. Rowe Price Capital Appreciation Fund (PRWCX)$100K–$250K
Congressional Federal Credit Union$1,001–$15,000
Fidelity Balanced Fund (FBALX)$1–$1,000
Debt: Mortgage, Freedom Credit Union$500K–$1M

From the 2025 report filed May 15, 2026. Highlights only. The full report is linked in the sources below.

Where the money comes from

Congressional salaryMutual funds and ETFsBank 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.

Richard Neal reported household assets minus debts of −$799K to $17K, a midpoint of about −$391K, on his latest financial disclosure (2025 annual report, filed May 15, 2026).

Richard Neal has represented western Massachusetts in the U.S. House since 1989, in a district now numbered the 1st that includes Springfield, Pittsfield and Holyoke. He has been dean of the state's House delegation since 2013.

He was president of the Springfield City Council from 1979 to 1983 and mayor of Springfield from 1983 to 1989. He chaired the House Ways and Means Committee from 2019 to 2023.

What his 2025 disclosure shows

The report he filed on May 15, 2026 covers 2025. It lists 5 assets with a value, adding up to $201,000 to $517,000. The largest are Needham Bank ($100K–$250K); T. Rowe Price Capital Appreciation Fund (PRWCX) ($100K–$250K) and Congressional Federal Credit Union ($1,001–$15,000).

On the debt side, the report lists one debt, a mortgage with Freedom Credit Union, in the $500K–$1M band. Subtracting debts the same way gives a range of −$799,000 to $17,000, with a midpoint of about −$391,000.

How the range has changed

Using the same method for every year, the midpoint of his disclosed range went from about $134,000 on his 2014 report to about −$391,000 on his 2025 report. The highest midpoint was about $598,000, on the 2019 report. The lowest was about −$533,000, in 2024. 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, Neal 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. 1983

    Becomes mayor of Springfield, Massachusetts.

  2. 1989

    Takes office in the U.S. House.

  3. 2014

    Earliest report in the House's online database: range of $33,000 to $234,000 (midpoint $134,000).

  4. 2019

    Becomes chair of the Ways and Means Committee (to 2023).

  5. 2019

    Highest midpoint in the online reports: $598,000 (range $326,000 to $869,000).

  6. 2025

    Latest report: range of −$799,000 to $17,000 (midpoint −$391,000).

Richard Neal net worth FAQ

What is Richard Neal's net worth?

Richard Neal's 2025 financial disclosure puts household assets minus debts at minus $799K to $17K, a midpoint of about −$391K. Officials report values in ranges, so this is an estimate, not an exact figure.

Where does this number come from?

From Richard Neal's official annual financial disclosure, filed with the Clerk of the House on May 15, 2026. We add up every asset and debt band on the form. The same method is used for every year on the chart.

Has Richard Neal's net worth changed since taking office?

Compared with the earliest online report (2014), the low end of the range went from $33K to −$799K and the high end from $234K to $17K. He took office in 1989. The House's online database has his electronic reports from 2014 on, so we can't show his wealth when he first took office.

What are Richard Neal's largest assets?

On his 2025 report, the largest holdings are Needham Bank ($100K–$250K); T. Rowe Price Capital Appreciation Fund (PRWCX) ($100K–$250K); Congressional Federal Credit Union ($1,001–$15,000). Values are reported in bands, not exact amounts.

Why does Richard Neal's range go below zero?

Our low end adds up the smallest possible value of every asset band and subtracts the largest possible value of every debt band. On his 2025 report the debts listed could, in the most extreme case, be larger than the assets, so the range starts at −$799,000. The midpoint is about −$391,000.

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, Richard Neal (accessed October 25, 2026). Used for career facts only, never for figures.

Photo: US House Office of 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.