Michael K. Simpson
Michael K. Simpson Net Worth & Financial Disclosure
houseAnnual financial disclosure for 2008, filed May 14, 2008. Includes 10 assets and 2 liabilities.
Est. Net Worth
$2.5M
2008 annual disclosure
Total Assets
$1.7M - $3.5M
10 assets
Total Liabilities
$30K - $100K
2 liabilities
Total Trades
125
From PTR filings
Trade Volume
$1.6M
Midpoint of disclosed ranges
Net Worth Over Time
Assets by Category
Real Estate$1.5M (2)
Retirement & Pension$1.1M (5)
Stocks$33K (1)
Bank & Cash$16K (2)
Top Stock Holdings (from trades)
All Assets (10)
| Asset | Value |
|---|---|
Smith Barney - IRA | $15,001 - $50,000 |
Smith Barney - IRA | $50,001 - $100,000 |
Liabilities (2)
| Creditor | Type | Amount |
|---|---|---|
| First American Title Company | mortgage | $15,001 - $50,000 |
| Bank of America | personal loan | $15,001 - $50,000 |
Trading Sector Allocation (from PTR trades)
Real Estate$32K
Financial Services$364K
Energy$178K
Healthcare$138K
Industrials$89K
Basic Materials$72K
Communication Services$96K
Technology$97K
Consumer Defensive
Methodology: Net worth is calculated from annual financial disclosures filed under the STOCK Act. Congress members report asset values and liabilities in ranges (e.g., $1,001–$15,000), not exact amounts. The “estimated net worth” shown is the midpoint of total assets minus the midpoint of total liabilities. Actual values may differ. Stock trading data comes from separate Periodic Transaction Reports (PTRs).
