Tim Sheehy is the current Republican front- runner in the party’s campaign to unseat Senator Jon Tester. A new financial report for individuals reveals a wide range of assets, including businesses, homes, stocks, and other things of value. Read on to find the net worth of the Politician.
Who is Tim Sheehy?
Tim Sheehy is a Republican candidate running for the U.S. Senate in Montana’s 2024 election. Born in the Twin Cities area of Minnesota, he grew up in Shoreview and graduated from the U.S. Naval Academy in 2008.
Sheehy served as a Navy SEAL officer, completing multiple deployments and earning numerous combat decorations, including the Bronze Star with Valor and a Purple Heart for his service in Iraq and Afghanistan.
After leaving the military in 2014, Sheehy founded Bridger Aerospace, an aerial firefighting company, which has become a significant employer in Montana. His business ventures have created over 200 jobs and contributed substantially to the local economy.
He is also known for his philanthropic efforts, having donated millions to various charities in Montana, focusing on healthcare and community development. Sheehy’s political ambitions were sparked by the chaotic U.S. withdrawal from Afghanistan in 2021, which he viewed as indicative of deeper issues in Washington, D.C.
He aims to bring a new generation of leadership to the Senate, emphasizing conservative values, fiscal responsibility, and a commitment to addressing the needs of Montanans.
Tim Sheehy’s Net Worth in 2024
Tim Sheehy’s estimated net worth in 2024 is reported to be between $74 million and $260 million. This substantial wealth is attributed to his role as CEO of Bridger Aerospace and various investments, which generated over $7 million in income last year, including approximately $5 million from his salary at Bridger Aerospace.
His financial disclosures reveal a complex portfolio, including significant investments in both domestic and international companies, which may raise potential political concerns given the current political climate regarding foreign investments.
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Tim Sheehy’s Most Significant Investments
Based on his financial disclosures, Tim Sheehy’s most significant investments include:
Bridger Aerospace
As the CEO and co-founder of Bridger Aerospace, an aerial firefighting company, Sheehy earns a salary of around $5 million per year. His stake in the company makes up a significant portion of his estimated $74-260 million net worth.
Luxury Properties
Sheehy owns luxury properties in Big Sky and Polson, Montana, as well as a home in Bozeman. He also has a stake in the Little Belt Cattle Company, a ranching operation near Martinsdale.
Mutual Funds
Sheehy has invested between $250,000-500,000 in the Pzena Emerging Markets Value Fund, which includes significant holdings in Chinese companies like Alibaba. He previously held a small amount of stock in Tencent, another large Chinese corporation.
Pharmaceutical Companies
Sheehy and his wife are invested in various pharmaceutical companies, including up to $15,000 in Johnson & Johnson and Royalty Pharma stocks.
Other Investments
Sheehy’s investments range from $1,000-15,000 in Roblox Corp., the developer of the popular video game, to $50,000-100,000 in Cloverly, a company focused on carbon offsetting.
In total, Sheehy’s investments generated over $7 million in income last year, including approximately $5 million from his Bridger Aerospace salary and between $16-44 million in dividends from his diverse portfolio.
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