Mike Johnson is an American Lawyer and Politician, serving as the 56th Speaker of the House of Representatives. In this article, we will learn about Mike Johnson Net Worth in 2024, his political career, land holdings, and stock portfolio. We will also shed light on his personal life!
Who Is Mike Johnson?
Mike Johnson is a Republic American Politician. He was also a Lawyer before entering into politics. Having been born in Shreveport, Louisiana, U.S., he has been serving as the Speaker of the House of Representatives since October 2023! He represents the 4th district of Louisiana. If we look at the number of tenures served, Mike is among the least experienced speakers in U.S. political history.
Mike Johnson is also quite active in the business of real estate, land holdings, and the stock market. His investments and activities have helped him to accumulate such an impressive net worth.
Speaker Mike Johnson Profile
| Attribute | Details |
|---|---|
| Name | Mike Johnson |
| Date of Birth | July 30, 1972 |
| Age | 51 Yr. |
| Height | 6 feet 0 inches |
| Education | Louisiana State University (LSU) |
| Religion | Christianity |
| Nationality | American |
| Profession | Speaker of the United States House of Representatives |
| Birth Place | Shreveport, Louisiana, USA |
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Mike Johnson Net Worth In 2024
Speaker Mike Johnson has a net worth of $7 Million. Mike’s land holdings and stock market portfolio constitute the majority part of his net worth. Apart from his assets, there are a few assets that come under “Family holdings” which were divided into the family to avoid any legal complications.
Let us breakdown the net worth of Mike Johnson, his portfolio, and assets including Family assets!
Year-wise Net Worth of Mike Johnson
| Year | Net Worth |
|---|---|
| 2019 | $4.9 mn |
| 2020 | $5.2 mn |
| 2021 | $5.6 mn |
| 2022 | $6.0 mn |
| 2023 | $6.5 mn |
| 2024 | $7.0 mn |
Breakdown of Mike Johnson Net Worth
- Congressional Salary:
- Standard Member of the House: $174,000 per year.
- Speaker of the House: $223,500 per year.
- Additional Income from Teaching: Around $30,000 (during 2022)
- Speaking Engagements:
- Earnings from speaking engagements range between $50,000 to $100,000 per year.
- Book Royalties:
- Estimated between $25,000 to $50,000 per year
- Real Estate Investments:
- Estimated annual income from real estate investments is between $100,000 to $200,000.
- Other Business Ventures:
- Includes other entrepreneurial endeavors, contributing an estimated $50,000 to $100,000 per year.
- Stock Portfolio
- Mike Johnson’s stock portfolio is worth $1 million. He has bought shares in Walmart, Nvidia, Exxon & Microsoft.
Assets and Liabilities
- Home:
- Located in Benton, Louisiana, potentially valued between $500,000 to $600,000.
- Mortgage debt ranges from $250,000 to $500,000.
- Personal Loan and Home Equity Line of Credit:
- Personal loan: $15,000 – $50,000.
- Home equity line of credit: $15,000 – $50,000.
Family Assets
Reportedly wife of Mike Johnson owns a 200-acre island in the Gulf of Mexico whose estimated worth is $10 million. Also, there are few land holdings that are in question and have not been clarified publicly. These unclarified land holdings accumulate to over $3.9 mn!
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Early Life & Law Career of Mike Johnson
He was born in Shreveport, Louisiana, on January 30, 1972. The three kids he has are younger. Pat, his father, served in the Shreveport Fire Department as a firefighter. In 1984, Pat was badly hurt in a fire that killed another fireman. Following that event, Pat quit the fire service and became a HazMat consultant. Mike really wanted to become a firefighter like his dad, but his family wouldn’t let him. Mike finished high school in 1991 and then Louisiana State in 1995. He got his J.D. from the Paul M. Herbert Law Center in 1998.
Mike was a lawyer for about 15 years before he became a politician. As senior counsel for the Alliance Defense Fund, he had the most important law job he ever had. Johnson worked for ADF for a long time and on a lot of important cases. He often fought for people or groups who thought that government acts or rules were violating their religious freedoms.
As an interested party, he wrote a brief against Lawrence v. Texas in 2003. This was a landmark case in which the Supreme Court threw out a Texas law that made consenting same-sex sexual behavior between adults illegal. The decision basically threw out similar laws in 13 other states. This means that sexual activity between people of the same gender is now legal in all 50 states and the District of Columbia.
Mike Johnson Personal Details
| Category | Details |
|---|---|
| Mike Johnson Father | James Patrick Johnson |
| Mike Johnson Mother | Jeanne Johnson |
| Brother(s) | Not publicly known |
| Sister(s) | Not publicly known |
| Marital Status | Married |
| Mike Johnson Wife | Kelly Lary Johnson |
| Children | Hannah, Abigail, Jack, and Will |
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Mike Johnson’s Political Career
Mike Johnson, a Republican, first got involved in politics in February 2015, when he ran unopposed in a special election to take the open seat in the Louisiana legislature for District 8. Johnson was re-elected in November and became known for strongly opposing abortion, same-sex marriage, and restrictions on religious freedom. He wrote the Marriage and Conscience Act to protect people’s religious beliefs about marriage, but some people thought it was unfair. His bill to ban “dismemberment abortion,” which was signed into law in August 2016, was another important legislative accomplishment.
A Democrat lost to Johnson by a large percentage in the 2016 election for the U.S. House of Representatives for Louisiana’s 4th district. He won again in 2018, 2020, and 2022. Johnson voted in a conservative way in Congress because of his evangelical faith and traditionalist views. Heritage Action for America and the Conservative Political Action Conference gave him good marks for this.
Johnson was a member of several important House committees, such as the Judiciary, the Armed Services, and the Natural Resources. As Vice Chair of the House Republican Conference and Chair of the Republican Study Committee, he was in charge of groups. Republicans paid a lot of attention to and supported his efforts to challenge the 2020 presidential election results, especially his case about the constitutionality of COVID-19-related voting changes.
Johnson became Speaker of the House in October 2023, after Kevin McCarthy was removed as leader of the Republicans. This came after a time of fighting within the Republicans. Because he was conservative and didn’t get too much attention, Johnson was seen as a consensus choice and got enough support to become the 56th Speaker of the House. The Republican group felt relieved when he was elected because they saw him as someone who could bring the party together and help them deal with the problems that lay ahead.
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Mike on Social Media
| speakermjohnson | |
| View Profile | |
| X (formerly Twitter) | @MikeJohnson |
Bottom Line
As a bottom line, Mike Johnson had a well-established law career in which he had contributions regarding landmark judgments. After his law career, he ascended to become a top-notch politician within such a short period. However, details about his wealth are not fully disclosed but, with speculations from the information available publicly, Mike Johnson has a net worth of $7 million which is quite impressive as well!
FAQs
Q. Who is Mike Johnson?
Mike Johnson is an American lawyer and politician currently serving as the 56th Speaker of the House of Representatives. He represents Louisiana’s 4th district and has been in office since October 2023.
Q. What is Mike Johnson net worth in 2024?
As of 2024, Mike Johnson’s net worth is estimated to be $7 million. His wealth primarily comes from real estate investments, land holdings, and a diverse stock portfolio.
Q. What are some key milestones in Mike Johnson’s political career?
- Elected to the Louisiana legislature for District 8 in February 2015.
- Elected to the U.S. House of Representatives for Louisiana’s 4th district in 2016, and re-elected in 2018, 2020, and 2022.
- Became Speaker of the House of Representatives in October 2023.
Q. What are Mike Johnson’s main political positions?
Mike Johnson is known for his conservative views, including strong opposition to abortion and same-sex marriage, and advocacy for religious freedom. He has also been active in challenging election results and addressing voting regulations.
Q. What are Mike Johnson’s primary sources of income?
Mike Johnson’s income sources include his congressional salary, teaching engagements, speaking fees, book royalties, and earnings from real estate and other business ventures.
Q. What was Mike Johnson’s career before politics?
Before entering politics, Mike Johnson was a lawyer. He served as senior counsel for the Alliance Defense Fund, where he handled cases involving religious freedoms and other significant legal issues.