Kamala Harris picks Tim Walz as running mate for VP bid
If Kamala Harris wins, Tim Walz will become the Vice President of the USA. The Governor of Minnesota is educated as a teacher, having previously worked as a social studies teacher and serving in the National Guard for 24 years.
Kamala Harris's decision to choose Walz as her vice-presidential candidate came after Joe Biden decided not to run for a second term. Harris expressed the view that comparing Walz, in a confrontation with the Republican candidate JD Vance, endorsed by Donald Trump, is akin to comparing a first team with a reserve team.
The wealth of Tim Walz
From 2007 to 2019, Walz was a member of the U.S. House of Representatives. Even back then, he declared assets worth around £493,000. According to "Celebrity Net Worth," he has a home in Mankato, Minnesota, valued at £205,000, and a rental property worth £103,000.
The value of his real estate comes from 2018, but it may have changed by now. Additionally, Walz holds shares in a family farm, which are worth about £41,000.
Since early 2019, Walz has been the Governor of Minnesota, receiving a salary of £104,000 annually, which amounts to about £8,200 monthly. He also receives a teacher's pension of about £6,500 per month. He is a member of the Democratic-Farmer-Labor Party, associated with the Democratic Party.
Who is Tim Walz?
Walz comes from Nebraska, where he spent his childhood before moving to Minnesota. He is educated as a teacher, having previously worked as a social studies teacher and serving in the National Guard for 24 years.
Meanwhile, the wealth of JD Vance, Walz's Republican opponent, according to "Celebrity Net Worth," amounts to about £4.1 million. Vance owns Walmart shares worth about £82,000, bitcoins valued at £205,000, and other investments like shares in Goldman Sachs and QQQ Exchange Traded Fund, collectively valued at £1.64 million.
JD Vance's wealth
The total value of his assets is about £4.6 million. In addition to his salary as a senator, Vance also receives royalties from the book "Hillbilly Elegy," which earned him approximately £389,000 in 2021. The film adaptation was produced by Netflix in 2020.
JD Vance's earnings as a senator are £142,000 annually, which amounts to about £11,900 monthly. If Trump won the election and Vance became his deputy, his monthly salary would increase to £16,000.
