{"id":105461,"date":"2025-10-01T21:08:37","date_gmt":"2025-10-02T01:08:37","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/how-mikie-sherrills-family-made-millions-after-she-was-elected-to-congress-105461"},"modified":"2025-10-01T21:08:37","modified_gmt":"2025-10-02T01:08:37","slug":"how-mikie-sherrills-family-made-millions-after-she-was-elected-to-congress","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/how-mikie-sherrills-family-made-millions-after-she-was-elected-to-congress-105461","title":{"rendered":"How Mikie Sherrill\u2019s family made millions after she was elected to Congress"},"content":{"rendered":"
\n

New Jersey gubernatorial hopeful Mikie Sherrill<\/a> has become one of the Garden State\u2019s richest lawmakers in Congress six years after getting elected to Washington \u2014 buoyed by a portfolio of luxe properties, millions in stock and a banker husband who earns more than $2 million per year.<\/p>\n

Republican Jack Ciattarelli<\/a> and his allies have pummeled Sherrill (D-NJ) over her finances \u2014\u00a0accusing her of\u00a0“flipping stocks and cashing in”\u00a0since being elected to high office.<\/p>\n

“In the seven years that she\u2019s been in Congress, she\u2019s tripled her net worth!” Ciattarelli said during their fiery clash at last week\u2019s debate.<\/p>\n

SHERRILL FIRES BACK AT GOP RIVAL AS QUESTIONS SWIRL OVER HER MILITARY RECORDS: ‘HAND IN THE COOKIE JAR’<\/strong><\/a><\/p>\n

“While you were sitting on the House Armed Services Committee<\/a>, you were trading defense stocks,” he went on.<\/p>\n

Sherrill has denied that claim, saying she does not own individual stocks \u2014 though a mealy-mouthed response to the question about her net worth from “The Breakfast Club” host Charlamagne tha God has only fanned the flames.<\/p>\n

A peek at Sherrill\u2019s financial disclosures contradicts some of the attacks Ciattarelli and his allies have made on the campaign trail about her net worth \u2014 and suggests her impressive wealth growth comes from a variety of sources.<\/p>\n

“Mikie does not own or trade individual stocks, and has gone\u00a0\u2018above and beyond\u2019\u00a0releasing the\u00a0exact values of her finances to the dollar,” Sherrill campaign communications director Sean Higgins told The Post.<\/p>\n

“New Jerseyans have zero insight into Jack Ciattarelli\u2019s net worth, they do know he made $15 million in profits off\u00a0opioid misinformation\u00a0and investments\u00a0linked to the Chinese Communist Party.”<\/p>\n

The frequently cited $7 million figure stems from a Washington Free Beacon analysis that used the average of a range of values provided in congressional financial disclosures.<\/a><\/p>\n

In 2019, Sherrill\u2019s net worth would\u2019ve been between $730,000 and $4.3 million, per her House financial disclosure records. By 2024, it jumped to between $4.8 million and $14 million.<\/p>\n

DEM GUBERNATORIAL NOMINEE HIT WITH ACCUSATIONS OF NEPOTISM OVER CHILDREN’S ACCEPTANCE INTO NAVAL ACADEMY<\/strong><\/a><\/p>\n

Additionally, that analysis looked at all her assets, not just stocks. And a key reason why her net worth jumped so sharply in that analysis is that she added a Washington, DC, townhouse<\/a>, purchased in a tony neighborhood in 2021 for $1.5 million.<\/p>\n

As Ciattarelli noted, Sherrill was forced to pay a $400 fee in 2021 for STOCK Act violations, after blowing past a 45-day deadline to disclose her husband\u2019s stock trades \u2014 something that is not uncommon in Congress.<\/p>\n

The Garden State Democrat\u2019s<\/a> net worth is somewhere between $9.4 million and $14.61 million.<\/p>\n

Quiver Quantitative, which provides estimates for most members of Congress, pegged Sherrill\u2019s fortune at $14.61 million, which would place her just behind Rep. Josh Gottheimer\u2019s (D-NJ) $42.19 million net worth as the second-richest Garden State pol in Washington.<\/p>\n

An August analysis by the New Jersey Globe pegged her and her husband\u2019s net worth at $9.4 million.<\/p>\n

Most of Sherrill\u2019s fortune stems from her banker husband, Jason Hedberg<\/a>.<\/p>\n

Hedberg gets partially compensated through stocks from UBS, which they frequently sell off, according to financial disclosures.<\/p>\n

He has raked in more than $2.6 million each year since 2021 \u2014 topping out at $2.9 million last year. For comparison, Sherrill\u2019s congressional salary is $174,000.<\/p>\n

Shortly after taking office, Sherrill began offloading individual stocks in favor of exchange-traded funds to mitigate conflict-of-interest concerns.<\/p>\n

MIKIE SHERRILL STAYS SILENT AS NEW JERSEY POLITICIANS REACT TO CONVICTED COP KILLER’S DEATH<\/strong><\/a><\/p>\n

She had $4.4 million in her brokerage account, and her husband reportedly had $1.9 million in unvested stocks. The pair also had about $1.5 million between their checking accounts, retirement accounts and life insurance policies.<\/p>\n

The New Jersey Democrat\u2019s investment portfolio fared 1.9% worse than the S&P 500<\/a>, according to insider trading watchdog\u00a0Unusual Whales.<\/p>\n

Sherrill and her husband also own three homes: a large mansion in wealthy Montclair, a vacation home in Vermont, and the Washington, DC, townhouse.<\/p>\n

Zillow records indicate that her Montclair home is worth about $3 million, her vacation home is about $780,000, and her DC home, which she once rented to former Rep. Abigail Spanberger <\/a>(D-Va.), was pegged at $1.6 million.<\/p>\n

Records indicate those three homes have mortgages on them.<\/p>\n

At least two of her children went to the tony Montclair Kimberly Academy, which has tuition as high as $53,340 annually.<\/p>\n

Following pressure from Sherrill\u2019s allies to release more of his tax documentation, the Ciattarelli campaign let media outlets examine 13 years of his tax returns.<\/p>\n

While his net worth isn\u2019t fully clear, tax records show that he has raked in close to $14.9 million since 2012 and paid at least $4 million in taxes, the New Jersey Monitor<\/a> reported.<\/p>\n

Ciattarelli, a former state assemblyman, had made his fortune off two medical publication businesses, one of which he sold in 2017, the same year he made $7.1 million in total income, per the outlet.<\/p>\n

Tax records showed that his income fluctuated throughout the years, from $600,946 in 2014 to $854,966 in 2018 and $168,433 in 2022, according to the report.<\/p>\n

Additional reporting by Steven Vago<\/i> and Isabel Vincent<\/i><\/p>\n<\/div>\n

Source – https:\/\/www.foxnews.com\/politics\/how-mikie-sherrills-family-made-millions-after-she-elected-congress <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

New Jersey gubernatorial hopeful Mikie Sherrill has become one of the Garden State\u2019s richest lawmakers in Congress six years after getting elected to Washington \u2014 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-105461","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"\nHow Mikie Sherrill\u2019s family made millions after she was elected to Congress - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/how-mikie-sherrills-family-made-millions-after-she-was-elected-to-congress-105461\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How Mikie Sherrill\u2019s family made millions after she was elected to Congress - 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