
Net Worth Over Time
Net Worth Timeline
Elected to Congress
Won a surprising victory in Minnesota's 1st congressional district, defeating a Republican incumbent. As a former teacher and National Guard member, his net worth was modest.
Re-election During Tea Party
Survived the Tea Party wave, demonstrating political resilience in a competitive district. His profile as a moderate Democrat began to grow regionally.
Elected Minnesota Governor
Won the gubernatorial race in Minnesota, elevating his profile to state-wide leadership. This position brought increased salary and political influence.
COVID-19 and Floyd Protests
Gained national attention managing Minnesota's COVID-19 response and the George Floyd protests in Minneapolis. His leadership during crises raised his national profile significantly.
Re-elected with Expanded Powers
Won re-election and gained Democratic control of the state legislature, enabling major policy achievements. His political capital reached new heights in Minnesota.
Democratic VP Nominee
Selected as the Democratic vice presidential nominee, catapulting him to national prominence. Though the ticket lost, his visibility and earning potential increased dramatically.
Prominent National Democrat
Remains Minnesota governor and a well-known national Democratic figure after the 2024 campaign. He is a household name in political circles and frequently mentioned for future national roles.
Last updated: February 23, 2026