What is Mikie Sherrill’s Net Worth?

Mikie Sherrill, a Democrat from New Jersey, has an estimated net worth ranging from approximately $9.4 million to $14.61 million. Estimates from Quiver Quantitative suggest her wealth is around $14.61 million, ranking her as the second-wealthiest member of New Jersey’s congressional delegation, just behind Rep. Josh Gottheimer.

Her net worth, according to a 2023 analysis by the New Jersey Globe, is around $9.4 million, based on her and her husband’s assets and liabilities.

How Did Mikie Sherrill Accumulate Her Wealth?

The majority of her wealth originates from her husband, Jason Hedberg, a banker. Hedberg earns substantial income through stock holdings in UBS, with annual earnings exceeding $2.6 million since 2021, reaching nearly $2.9 million last year. Sherrill’s congressional salary is significantly lower at $174,000.

Following her election, she moved to diversify her investments, shifting from individual stocks to exchange-traded funds to reduce potential conflicts of interest. Her holdings included $4.4 million in brokerage accounts, with her husband holding about $1.9 million in unvested stocks, along with various savings and retirement accounts.

Her investment performance was slightly below the S&P 500, with a 1.9% underperformance, according to Unusual Whales.

Luxe Properties

Sherrill owns three homes: a Montclair mansion worth roughly $3 million, a vacation property in Vermont valued at about $780,000, and a Washington, D.C., townhouse valued at around $1.6 million. Records show she and her husband carry mortgages on these properties. The D.C. residence was previously rented to former Rep. Abigail Spanberger.

Background of Her Wealth

Her wealth largely stems from her husband’s successful career in finance. Hedberg’s earnings primarily come from stock holdings, which he and Mikie have sold periodically. Altogether, their assets, including properties and investments, support her net worth estimates.