Garret Graves Net Worth
February 25, 2023

Introduction

Garret Graves is a well-known Republican politician serving Louisiana’s 6th congressional district. He has been actively involved in politics for more than two decades. One of the most curious aspects of Garret Graves is his net worth, which is estimated to be over one million dollars. In this blog post, we will break down Garret Graves’ million-dollar net worth and analyze its various constituents.

Real Estate

Garret Graves’ net worth is mainly attributed to his real estate holdings. According to his financial disclosures, he owns several properties in Louisiana, including a condo in Baton Rouge. He also owns a vacation home on Grand Isle, a coastal town in Louisiana.

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Investment Portfolio

Besides his real estate holdings, Graves also holds several investments in various companies. This includes shares of publicly traded companies such as Microsoft, Alphabet, and Cisco Systems. Additionally, he also has several mutual funds in his portfolio.

Salary and Benefits

As a member of Congress, Graves receives a significant salary and a range of perks and benefits, including paid travel expenses and healthcare. According to data from the House of Representatives, Graves’ salary is $174,000, which further contributes to his net worth.

Business Venture

Apart from being a member of Congress, Garret Graves also has a business venture called Graves Advisory Group. The consulting firm primarily focuses on disaster recovery efforts and infrastructure management. This firm is self-owned and is estimated to contribute significantly to Graves’ net worth.

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Side Income

Garret Graves also earns side income from several sources, including speaking engagements and book royalties. According to his financial disclosure, he received a significant amount from speaking engagements and book royalties in 2018 and 2019.

Pension Plan

As a former legislative staffer and congressional aide, Graves is entitled to a federal pension. This pension plan, when combined with his Congressional salary and other investments, contributes considerably to his net worth.

Gifts and Inheritance

Graves has also received gifts and inheritance, which contributes to his net worth. In 2018, he received a gift from a family member, which was valued between $15,000 and $50,000. Additionally, he inherited an amount in 2014.

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Giving Back to the Community

Garret Graves is passionate about giving back to the community and helping those in need. He has been involved in several charitable organizations and initiatives, including the Greater Baton Rouge Food Bank and the Baton Rouge Area Foundation.

Conclusion

To conclude, Garret Graves’s net worth primarily consists of his real estate holdings, investments, salary, and benefits. Additionally, his consulting firm, side income, and inheritance also contribute to the same. Despite his wealth, Graves remains committed to giving back to the community, and his philanthropic efforts are commendable.

FAQs

Q. What is Garret Graves’ net worth?
A. Garret Graves’ estimated net worth is over one million dollars.

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Q. What are the sources of Garret Graves’ net worth?
A. Garret Graves’ net worth primarily consists of his real estate holdings, investments, salary and benefits, business venture, side income, and inheritance.

Q. What is Garret Graves’ salary?
A. Garret Graves’ salary as a member of Congress is $174,000.

Q. Does Garret Graves have any charitable contributions?
A. Yes, Garret Graves is actively involved in several charitable organizations and initiatives, including the Greater Baton Rouge Food Bank and the Baton Rouge Area Foundation.

Q. What is Graves Advisory Group?
A. Graves Advisory Group is a consulting firm primarily focused on disaster recovery and infrastructure management. It is self-owned by Garret Graves.

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