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Who Funds My Rep? › Joni Ernst

Joni Ernst Net Worth (2025 Financial Disclosure)

Republican · IA (Senate) · Senate

Net worth, as disclosed

$355K to $1.4M

Midpoint $865K, used for rankings

Assets ~$865K · Debts ~$0 · Net ~$865K

Joni Ernst's net worth is between $355K and $1.4M, a midpoint of $865K, according to the 2025 annual financial disclosure, filed May 15, 2026, the most recent personal financial disclosure on file with the Secretary of the Senate.

The filing lists 51 assets valued at $355K to $1.4M and no other liabilities. A mortgage of $50K to $100K is shown but not subtracted: the filing lists no real property, so the loan must be on a home the law does not require the filer to list, and a debt is not counted against a home that is not counted either. 1 asset of undetermined value, such as a pension or book contract, is left out of the range.

View the original filing (Senate eFD) · Document 4498b05c-5009-4f94-9c9d-021f32390dbd · Updated

Ranks #82 of 100 senators by estimated net worth, #180 of 273 Republicans, #4 of 6 from Iowa. Richest members of Congress, ranked · All Republicans ranked

Biggest assets (10 of 51)

  • First Interstate Bank(Omaha, NE)Type: Checking, Money Market Account — $250K–$500KBank Deposit · Joint · Interest $1,001 - $2,500
  • Pershing LLC ⇒ DODIX - Dodge & Cox Income Fund — $15K–$50KMutual Fund · Dividends $201 - $1,000
  • Pershing LLC ⇒ FXAIX - Fidelity 500 Index Fund — $15K–$50KMutual Fund · Dividends $201 - $1,000
  • Pershing LLC ⇒ TRLGX - T. Rowe Price Large-Cap Growth Fund I Class — $15K–$50KMutual Fund · Dividends, Capital Gains $1,001 - $2,500
  • Pershing LLC ⇒ MEIIX - MFS Value Fund Class I — $15K–$50KMutual Fund · Dividends, Capital Gains $1,001 - $2,500
  • First Interstate Bank(Omaha, NE)Type: Checking — $1,001–$15KBank Deposit · Interest
  • U.S. Senate Federal Credit Union(Washington, DC)Type: Checking, Savings — $1,001–$15KBank Deposit · Dividends
  • Axos Advisor Services Roth IRA ⇒ DWGHX - American Funds Developing World Growth and Incom — $1,001–$15KMutual Fund
  • Axos Advisor Services Roth IRA ⇒ AMRFX - American Mutual Fund Class F-2 Shares — $1,001–$15KMutual Fund
  • Axos Advisor Services Roth IRA ⇒ FINFX - Fundamental Investors Class F-2 Shares — $1,001–$15KMutual Fund

Values are the bands the filer checked, as of December 31, 2025.

Liabilities (1)

  • Mortgage (2.75% (30 years)) — Freedom Mortgage Indianapolis, IN (2020) — $50K–$100K shown, not subtracted: a loan on a home the filing does not list

Filings on record (1)

Figures updated November 7, 2026. An amended report replaces the original it amends; new House filings are checked weekly.

How this figure is calculated, and what it leaves out

  • Every asset and liability on the filing is reported as a value band ($1,001–$15,000, $15,001–$50,000 … $5,000,001–$25,000,000), never an exact figure.
  • Low end of net worth = the bottom of every asset band added together, minus the top of every liability band.
  • High end = the top of every asset band, minus the bottom of every liability band.
  • The estimate is the midpoint of that range. It is a central guess, not a measurement.
  • The home rule: a member must report a mortgage on their own home but need not list the home unless it earns rent. When a filing lists no real property at all, its mortgages and home-equity loans are shown but not subtracted, since the home they are secured by is not counted either. A filing that lists any property keeps all its debts.

The disclosure does not have to include:

  • A personal residence that produces no rental income (listing it is optional).
  • Personal property such as cars, furniture, art and jewelry.
  • Federal salary ($174,000 for most members) and federal retirement benefits.
  • Assets worth $1,000 or less, and income under $200 per source.
  • Liabilities under $10,000, and some vehicle, family and tax debts.
  • Anything inside a qualified blind trust approved by the Ethics Committee.

Full methodology

Frequently asked

What is Joni Ernst's net worth?

Joni Ernst's net worth is between $355K and $1.4M, a midpoint of $865K, according to the 2025 annual financial disclosure, filed May 15, 2026, the most recent personal financial disclosure on file with the Secretary of the Senate. The filing lists 51 assets valued at $355K to $1.4M and no other liabilities. A mortgage of $50K to $100K is shown but not subtracted: the filing lists no real property, so the loan must be on a home the law does not require the filer to list, and a debt is not counted against a home that is not counted either. 1 asset of undetermined value, such as a pension or book contract, is left out of the range.

What are Joni Ernst's biggest assets?

The largest holdings on the 2025 filing are First Interstate Bank(Omaha, NE)Type: Checking, Money Market Account ($250K–$500K, joint); Pershing LLC ⇒ DODIX - Dodge & Cox Income Fund ($15K–$50K); Pershing LLC ⇒ FXAIX - Fidelity 500 Index Fund ($15K–$50K). The filing lists 51 assets in all.

How much debt does Joni Ernst report?

1 liability: Mortgage (2.75% (30 years)) with Freedom Mortgage Indianapolis, IN ($50K–$100K, not subtracted). None of it is subtracted from the assets. A mortgage of $50K to $100K is shown but not subtracted: the filing lists no real property, so the loan must be on a home the law does not require the filer to list, and a debt is not counted against a home that is not counted either. Only debts over $10,000 must be disclosed.

Is Joni Ernst one of the richest members of Congress?

By the midpoint of the disclosed range, Joni Ernst ranks #82 of 100 senators whose filings have been processed, and #180 of 273 Republicans. Ranks compare midpoints of wide ranges, so a member a few places away may well be wealthier.

Why do other sites show a different net worth for Joni Ernst?

The $865K shown here is the midpoint of the range Joni Ernst's 2025 filing supports, as of December 31, 2025. A mortgage of $50K to $100K is shown but not subtracted: the filing lists no real property, so the loan must be on a home the law does not require the filer to list, and a debt is not counted against a home that is not counted either. With that loan left out, the figure is the midpoint of the assets, the same basis estimates that ignore debts use. 1 asset of undetermined value is left out entirely. Sites that price stocks at current market value, add an estimate for a home or personal property the filing need not list, or quote the top of the range will come out differently.

Why is Joni Ernst's net worth a range and not a number?

Members of Congress report each asset and debt in a value band, not an exact amount, and a few bands have no top ("over $50,000,000"). Adding the bottoms gives the lowest net worth the filing supports and adding the tops gives the highest; the true figure is somewhere between. The midpoint shown is an estimate for comparison, not a measurement.

What does Joni Ernst's financial disclosure leave out?

By law the report need not include a personal residence that produces no rental income (listing it is optional); personal property such as cars, furniture, art and jewelry; federal salary ($174,000 for most members) and federal retirement benefits; assets worth $1,000 or less, and income under $200 per source; liabilities under $10,000, and some vehicle, family and tax debts; anything inside a qualified blind trust approved by the Ethics Committee.

Where does this net worth figure come from?

From Joni Ernst's own 2025 annual financial disclosure, filed May 15, 2026, published on the Senate's electronic financial disclosure site under the Ethics in Government Act. Who Funds My Rep? reads Part 3 (assets and income) and Part 7 (liabilities) from the filing and applies the same range arithmetic used by newsrooms. The original filing is linked on this page.

Why other sites show different figures

The $865K shown here is the midpoint of the range Joni Ernst's 2025 filing supports, as of December 31, 2025. A mortgage of $50K to $100K is shown but not subtracted: the filing lists no real property, so the loan must be on a home the law does not require the filer to list, and a debt is not counted against a home that is not counted either. With that loan left out, the figure is the midpoint of the assets, the same basis estimates that ignore debts use. 1 asset of undetermined value is left out entirely. Sites that price stocks at current market value, add an estimate for a home or personal property the filing need not list, or quote the top of the range will come out differently.

  • Debts are subtracted. We subtract the liabilities on the filing, margin loans and mortgages on listed property included. Estimates that leave debts out, Quiver Quantitative's for one, come out higher, sometimes by tens of millions of dollars. The one debt we do not subtract is a mortgage on a home the filing does not list (the home rule), because the home itself is not counted.
  • Value bands, not market prices. The filing reports each asset as a value band ($5,000,001–$25,000,000), never a price, and we use the midpoint of the resulting range. Trackers that estimate current market value from stock trades and share prices will differ, most of all for members with large stock holdings near the top of their bands.
  • The date. Our figure is as of December 31 of the reporting year, the date the filing describes. Sites that move with the markets reflect any gains or losses since then.
  • What the filing leaves out. A home that earns no rent, cars, art and other personal property need not be listed. Some outlets add their own estimates for these; we count only what is on the filing.
  • Open-ended bands and older data. Spouse assets reported only as "over $1,000,000" and assets "over $50,000,000" have no top, so every method has to pick a value for them. Older databases (OpenSecrets' member profiles still show 2018 figures) and news reports that quote the top of a range will disagree as well.

How we calculate net worth

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