Shri Thanedar
Photo: U.S. House of Representatives, Public domain, via Wikimedia Commons

Shri Thanedar Net Worth

U.S. Representative for Michigan
DemocratHouseMichigan
Estimated net worth (midpoint)
$43.9M
Range: −$6.95M to $94.7M
Source: U.S. House Clerk, 2025 annual report filed August 12, 2026. Updated October 31, 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.

Shri Thanedar’s net worth over time

−$50M$0$50M$100M$150MTook office (Jan 2023) ▸2022: −$17.8M to $55.6M (2022 report (new member), filed September 27, 2023)2023: −$17.7M to $55.5M (2023 annual report, filed August 13, 2024)2024: −$13M to $61.7M (2024 annual report, filed August 11, 2025)2025: −$6.95M to $94.7M (2025 annual report, filed August 12, 2026)Midpoint $18.9MMidpoint $18.9MMidpoint $24.4MMidpoint $43.9M2022202320242025

Swipe the chart to see every year →

Disclosed range (low to high)MidpointTook office

His first report in the online database covers 2022, 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
2022−$17.8M to $55.6M$18.9M2022 report (new member), filed September 27, 2023
2023−$17.7M to $55.5M$18.9M2023 annual report, filed August 13, 2024
2024−$13M to $61.7M$24.4M2024 annual report, filed August 11, 2025
2025−$6.95M to $94.7M$43.9M2025 annual report, filed August 12, 2026

Since the earliest online report (2022)

+$10.8M
change in the low end (−$17.8M → −$6.95M)
+$39.1M
change in the high end ($55.6M → $94.7M)
+$25M
change in the midpoint ($18.9M → $43.9M)

Compares the 2022 report with the 2025 report, using the same method for both. His first report in the online database covers 2022, 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

Vanguard LifeStrategy Growth Fund Investor Shares$5M–$25M
Apple Inc. (AAPL)$1M–$5M
DFA US Core Equity II Portfolio Institutional Class$1M–$5M
Dimensional US Core Equity 2 ETF$1M–$5M
Debt: Line of Credit Against Investment Account, TriState Capital Bank$5M–$25M
Debt: Rental property in Ann Arbor, Old National$1M–$5M
Debt: Capital One Credit Card On Going balance Credit Card$15,001–$50,000
One more debtsee the full report

From the 2025 report filed August 12, 2026. Highlights only. The full report is linked in the sources below.

Where the money comes from

Congressional salaryMutual funds and ETFsStocksCollege savings plansBank 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.

Shri Thanedar reported household assets minus debts of −$6.95M to $94.7M, a midpoint of about $43.9M, on his latest financial disclosure (2025 annual report, filed August 12, 2026).

Shri Thanedar has represented Michigan's 13th congressional district, based in Detroit, since 2023. He is a businessman, author and member of the Democratic Party.

He served in the Michigan House of Representatives from 2021 to 2023 and ran in the 2018 Democratic primary for governor of Michigan. He was elected to Congress in 2022 and re-elected in 2024, and lost the 2026 Democratic primary for his seat. His first report shown here covers 2022, the year before he took office.

What his 2025 disclosure shows

The report he filed on August 12, 2026 covers 2025. It lists 42 assets with a value, adding up to $23.1 million to $100.7 million. The largest are Vanguard LifeStrategy Growth Fund Investor Shares ($5M–$25M); Apple Inc. (AAPL) ($1M–$5M) and DFA US Core Equity II Portfolio Institutional Class ($1M–$5M).

On the debt side, the report lists four debts adding up to $6 million to $30.1 million. The largest is a line of credit Against Investment Account with TriState Capital Bank, in the $5M–$25M band. Subtracting debts the same way gives a range of −$7 million to $94.7 million, with a midpoint of about $43.9 million.

How the range has changed

Using the same method for every year, the midpoint of his disclosed range went from about $18.9 million on his 2022 report to about $43.9 million on his 2025 report. The lowest was about $18.9 million, in 2023. The chart shows four reports from 2022 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, Thanedar 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. 2018

    Runs in the Democratic primary for governor of Michigan.

  2. 2021

    Joins the Michigan House of Representatives (to 2023).

  3. 2022

    Earliest report in the House's online database: range of −$17.8 million to $55.6 million (midpoint $18.9 million).

  4. 2023

    Takes office in the U.S. House.

  5. 2025

    Latest report: range of −$7 million to $94.7 million (midpoint $43.9 million).

Shri Thanedar net worth FAQ

What is Shri Thanedar's net worth?

Shri Thanedar's 2025 financial disclosure puts household assets minus debts at minus $6.95M to $94.7M, a midpoint of about $43.9M. Officials report values in ranges, so this is an estimate, not an exact figure.

Where does this number come from?

From Shri Thanedar's official annual financial disclosure, filed with the Clerk of the House on August 12, 2026. We add up every asset and debt band on the form. The same method is used for every year on the chart.

Has Shri Thanedar's net worth changed since taking office?

Compared with the earliest online report (2022), the low end of the range went from −$17.8M to −$6.95M and the high end from $55.6M to $94.7M. His first report in the online database covers 2022, before he took office in 2023, so the chart starts before his first day in office.

What are Shri Thanedar's largest assets?

On his 2025 report, the largest holdings are Vanguard LifeStrategy Growth Fund Investor Shares ($5M–$25M); Apple Inc. (AAPL) ($1M–$5M); DFA US Core Equity II Portfolio Institutional Class ($1M–$5M). Values are reported in bands, not exact amounts.

Why does Shri Thanedar'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 −$7 million. The midpoint is about $43.9 million.

Sources

  1. Clerk of the U.S. House, Financial Disclosure Reports database (accessed October 31, 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, Shri Thanedar (accessed October 31, 2026). Used for career facts only, never for figures.

Photo: U.S. House of Representatives, 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.