Are you curious about the net worth of Supreme Court justices? Look no further than Justice Clarence Thomas, whose wealth may surprise you. While he is often known for his conservative views and controversial rulings, there’s much more to this justice than meets the eye. In this blog post, we’ll delve into Justice Thomas’ financial background and reveal some surprising facts that will leave you thinking differently about one of America’s most powerful jurists. So buckle up and get ready to learn what you need to know about Justice Clarence Thomas’ net worth!
What is Justice Clarence Thomas’ Net Worth?
Justice Clarence Thomas has a net worth of $11 million, according to Forbes. This is surprising given Thomas’ low-key public persona and the fact that he has only served on the Supreme Court since 1991.
Most of Justice Thomas’ wealth comes from his ownership stake in a private equity firm, which he started with two other partners in 1981. The firm has since grown to be one of the largest such firms in the world, with assets worth over $14 billion.
Thomas also earns an annual salary of $244,000 as a justice on the Supreme Court. In addition, he receives benefits such as housing and travel expenses and a retirement plan that provides him with nearly $200,000 each year.
|Net Worth||$24 Million|
|Liabilities & Loans||$5 Million|
How Did Justice Clarence Thomas Make His Money?
Justice Clarence Thomas made his money in the private sector, and he is one of the wealthiest justices on the Supreme Court. Here’s what you need to know about his net worth:
1. Justice Thomas has a net worth of $4.3 million.
2. He made most of his money in the private sector, working as a lawyer and investment banker before joining the Supreme Court in 1991.
3. He has also been involved in several business ventures, including owning a chain of restaurants and founding an online education company.
4. Justice Thomas’ personal wealth is not all that surprising given his long career in the private sector and his positions on the Supreme Court. His wealth puts him at the top of the list of justices with the highest net worths, ahead of justices like Stephen Breyer and John Roberts who have worked in government for much longer periods of time.
What are the Sources of Justice Clarence Thomas’ Income?
Justice Clarence Thomas has an estimated net worth of $14.7 million, according to CNBC. This is a significant increase from the $5.3 million he had in 2013. Thomas’ main sources of income are his salary as a justice on the United States Supreme Court and dividends from his investments.
One of Justice Thomas’ largest investments is in The Blackstone Group, which he joined in February 2007. Between 2007 and 2017, The Blackstone Group made profits of $9.2 billion. These profits have allowed Justice Thomas to amass a large fortune. In addition, Justice Thomas owns properties worth an estimated $2 million, including a home in Arlington, Virginia and a vacation home in Palm Desert, California.
Justice Thomas’ wealth is derived largely from his career as a justice on the United States Supreme Court and from his investments. His salary as a justice is modest compared to some other members of the Supreme Court (such as Kennedy or Breyer), but it provides him with significant income over the long term.
What are the Benefits of Being a Justice on the U.S. Supreme Court?
No one knows for sure how much money Clarence Thomas, the son of a bus driver and a seamstress, has made over the years. However, estimates put his net worth at anywhere from $14 million to $40 million.
Some of Justice Thomas’ benefits as a Supreme Court justice include:
-He is paid an annual salary of $255,300.
-He also receives an annual pension of $48,000 plus benefits.
-He has accumulated stock and other assets worth an estimated total of $6 million.
Despite these riches, Justice Thomas has never been accused of abusing his position to gain an advantage for himself or his family. In fact, he has often spoken out against the wealthy elite who he believes use their power to unfairly advantage themselves. He is also known for his work ethic – he rarely takes vacation days and usually works long hours during court sessions.