How Mikie Sherrill’s family made millions after she was elected to Congress

Mikie Sherrill faces growing scrutiny as her personal wealth increased significantly during her time in Congress, making her one of New Jersey's richest lawmakers.

Representative Mikie Sherrill, a Democrat from New Jersey, during a news conference about a Signal messaging chat used by Trump administration officials, at the US Capitol in Washington, DC, US, on Tuesday, March 25, 2025.  (Daniel Heuer/Bloomberg via Getty Images)

"New Jerseyans have zero insight into Jack Ciattarelli’s net worth, they do know he made $15 million in profits off opioid misinformation and investments linked to the Chinese Communist Party."

The frequently cited $7 million figure stems from a Washington Free Beacon analysis that used the average of a range of values provided in congressional financial disclosures.

In 2019, Sherrill’s net worth would’ve been between $730,000 and $4.3 million, per her House financial disclosure records. By 2024, it jumped to between $4.8 million and $14 million.

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Additionally, that analysis looked at all her assets, not just stocks. And a key reason why her net worth jumped so sharply in that analysis is that she added a Washington, DC, townhouse, purchased in a tony neighborhood in 2021 for $1.5 million.

As Ciattarelli noted, Sherrill was forced to pay a $400 fee in 2021 for STOCK Act violations, after blowing past a 45-day deadline to disclose her husband’s stock trades — something that is not uncommon in Congress.

The Garden State Democrat’s net worth is somewhere between $9.4 million and $14.61 million.

Quiver Quantitative, which provides estimates for most members of Congress, pegged Sherrill’s fortune at $14.61 million, which would place her just behind Rep. Josh Gottheimer’s (D-NJ) $42.19 million net worth as the second-richest Garden State pol in Washington.

An August analysis by the New Jersey Globe pegged her and her husband’s net worth at $9.4 million.

Rep. Mikie Sherrill, D-N.J., speaks during an interview in New York City on Friday, May 2, 2025. Sherrill is the New Jersey Democratic nominee for governor.  (Victor J. Blue/Bloomberg via Getty Images)

At least two of her children went to the tony Montclair Kimberly Academy, which has tuition as high as $53,340 annually.

Following pressure from Sherrill’s allies to release more of his tax documentation, the Ciattarelli campaign let media outlets examine 13 years of his tax returns.

While his net worth isn’t fully clear, tax records show that he has raked in close to $14.9 million since 2012 and paid at least $4 million in taxes, the New Jersey Monitor reported.

Ciattarelli, a former state assemblyman, had made his fortune off two medical publication businesses, one of which he sold in 2017, the same year he made $7.1 million in total income, per the outlet.

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Tax records showed that his income fluctuated throughout the years, from $600,946 in 2014 to $854,966 in 2018 and $168,433 in 2022, according to the report.

Additional reporting by Steven Vago and Isabel Vincent

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