Harris running mate Gov. Tim Walz owns no stocks, bonds or real estate, disclosure shows

• Minnesota Gov. Tim Walz, the Democratic running mate of Vice President Kamala Harris, owns no stocks, bonds or real estate, according to his most recent financial disclosure.
• Walz's modest financial profile stands in stark contrast to that of Republican presidential nominee Donald Trump, who is a billionaire several times over, and to Trump's running mate, Sen. JD Vance of Ohio.
• Harris tapped Walz to be her running mate Tuesday, weeks after President Joe Biden dropped out of the 2024 election contest.

Minnesota Gov. Tim Walz, the Democratic running mate of Vice President Kamala Harris, owns no stocks, bonds or real estate, according to his most recent financial disclosure.

Walz's salary as governor of Minnesota is $127,629. He was eligible for a raise last year to $149,550, but he chose not to accept it, according to the state.

If Walz is elected vice president in November, he would make an annual salary of $284,600, based on the 2024 rates.

When Walz was elected governor, he and his wife sold their Mankato, Minnesota, home and moved into the governor's mansion in 2019. They listed the four-bedroom house for $315,000, after buying it in 1997 for $145,000.

Walz's modest financial profile stands in stark contrast to that of Republican presidential nominee Donald Trump, who is a billionaire several times over, and to Trump's running mate, Sen. JD Vance of Ohio.

Vance's net worth due to publicly reported investments and cash is estimated to be between $3 million and $10 million by Forbes.

Harris, the Democratic presidential nominee, listed securities investments personally owned worth between $800,000 and $1.75 million, and personal cash holdings of between $550,000 and $1.1 million. Federal disclosure reports typically