Ben Carson’s net worth is $30,460,636. Our Ben Carson net worth figure comes from analyzing his federal Personal Financial Disclosure forms.
Presidential candidates don’t have to share their precise net worth, so Ben Carson net worth amounts are built by digging through public forms and calculating averages. The disclosure forms display a range for each asset and debt, so Ben Carson net worth values come from adding up those ranges and averaging them.
On June 4, 2015, Ben Carson disclosed net worth assets of a minimum $11.5 million and a maximum $40.5 million. Ben Carson also reportedly owns a home in West Palm Beach, FL worth an estimated $928,000 and a Villa in Italy worth about $500,000. He has debts of at least $1 million and at most $5 million.
Combining Carson’s average debts, assets and rumored property gives a minimum possible Ben Carson net worth of $13,949,167 and a maximum of $46,972,104. Averaging these figures gives an average Ben Carson net worth of $30,460,636.
Ben Carson Net Worth Facts
- Ben Carson net worth: $30,460,636 (September 2015 Average)
- Ben Carson minimum possible net worth 2015: $13,949,167
- Ben Carson maximum possible net worth 2015: $46,972,104
- Ben Carson net worth vs Jeb Bush net worth: 1.5 times larger.
- Ben Carson net worth vs Bernie Sanders net worth: 58 times larger.
- Ben Carson net worth vs Hillary Clinton net worth: 2% smaller.
- Ben Carson net worth vs Barack Obama net worth: 9.2 times larger.
- Donald Trump net worth vs. Ben Carson net worth: 187 times larger.
- Ben Carson net worth vs Bill and Hillary Clinton net worth combined: 3.6 times smaller.
- Ben Carson net worth vs median U.S. Household net worth: 449 times larger.
- Ben Carson net worth vs Bill Gates net worth: 2,623 times smaller.
- Presidential salary as a percentage of Ben Carson net worth: 1.3%
We figured Ben Carson’s net worth at $30,460,636, or 449 times larger than the typical American’ family’s net worth. Since all presidential candidate net worths are averages however, Ben Carson’s net worth could be a lot lower. Even at its lowest, Ben Carson’s net worth would be $14 million, which is still 207 times the net worth of the typical American family. If Ben Carson’s net worth was at its highest estimate of $47 million, he would be 691 times richer than the median American family.
Compared to Bernie Sanders’ net worth of $528,014, Ben Carson’s net worth is 58 times larger. Compared to Jeb Bush’s net worth of $1.5 million, Ben Carson’s net worth is 1.5 times larger. Finally, Ben Carson’s net worth of $30.5 million is 3.6 times smaller than Bill & Hillary Clinton’s net worth of $111 million.
See Also: Bernie Sanders Net Worth
Why is Ben Carson’s Net Worth Reported as an Average?
Presidential candidates don’t have to report their precise net worth. They do have to report net worth annually within a range of numbers. Candidate Carson reported total assets of a minimum $11,521,066 and a max of $40,544,004 in 2015. This gives Carson an average value of $26,032,535.
Candidates don’t have to disclose private residences as assets. Carson is rumored to own a house in West Palm Beach, Florida. Since Zillow lists the median house price in that area as $928,100 we used that as an estimate for Carson’s home value. Carson is also rumored to own a Villa on Italy’s Amalfi Coast. Home values in that area average $500,000. Adding these two homes into Carson’s assets give a total average asset value of $27,460,635.
Carson also reported one debt: a mortgage on commercial real estate of $1 to $5 million. That gives Carson an average debt of $3 million. Subtracting that from his average assets gives a final Ben Carson net worth of $30,460,636.
Ben Carson Net Worth Over Time
According to our salary and investment estimates for Ben Carson since 1977, Ben Carson’s net worth has grown steadily over time except during times of economic upheaval. We figured Ben Carson’s net worth over time based on his career moves and probable earnings. We also looked at stock market fluctuations in our Ben Carson net worth over time calculations. According to our data:
- Ben Carson net worth 2015: $30,460,636
- Ben Carson net worth 2014: $28,023,785
- Ben Carson net worth 2013: $25,781,882 (Event: Carson retires, goes on the lecture circuit, earns $20,000 to $44,500 per speech, gives over 140 speeches.)
- Ben Carson net worth 2012: $23,719,332
- Ben Carson net worth 2011: $21,821,882
- Ben Carson net worth 2010: $20,076,042
- Ben Carson net worth 2009: $18,522,783 (Event: Financial crisis of 2008-2009)
- Ben Carson net worth 2008: $25,388,480
- Ben Carson net worth 2007: $21,656,000
- Ben Carson net worth 2006: $18,200,000
- Ben Carson net worth 2005: $15,100,100
- Ben Carson net worth 2004: $13,800,000 (Event: Financial crisis of 2001)
- Ben Carson net worth 2000: $20,001,070
- Ben Carson net worth 1985: $3,141,517 (Event: Became Director of Pediatric Neurosurgery at Johns Hopkins)
- Ben Carson net worth 1982: $1,056,960 (Event: Became Chief Resident at Johns Hopkins)
- Ben Carson net worth 1977: $712,000 (Event: Became a resident at Johns Hopkins)
Ben Carson’s net worth likely got off to a solid head start in 1977, when he became a resident at Johns Hopkins University. At the time, he could have expected a salary well over $100,000. In 1982, Carson’s net worth most probably got another shot in the arm when he was made Chief Resident at Johns Hopkins. In 1985, Carson became Director of Pediatric Neurosurgery. During that time, he probably received a salary between $1 million and $2 million, adding a solid chunk each year to his net worth.
Ben Carson’s net worth most likely saw 30% to 60% drops during the 2001 and 2008 financial crises. We adjusted our Ben Carson net worth calculations downward for both crashes. The final 2015 Ben Carson net worth amount is based not on salary estimates but on Carson’s federal disclosure documents.
Also see: Jeb Bush Net Worth
What Does Ben Carson’s Net Worth Mean Politically?
The meaning of Ben Carson’s net worth in political terms probably depends largely on political viewpoint. However, it’s likely Ben Carson’s net worth is either a positive factor politically or at worst a non-issue.
It’s difficult to take the stance that Carson doesn’t deserve his millions. Even a democratic socialist like Bernie Sanders doesn’t begrudge someone amassing personal wealth. Since Carson’s inception as a resident at Johns Hopkins University in 1977, he has distinguished himself as both an excellent surgeon and administrator. In other words, Ben Carson’s net worth comes largely from the huge amounts of value he has contributed to both the economy and to individuals. As an example, Dr. Carson developed the first technique for successfully separating conjoined twins, performing the procedure on multiple occasions.
Those on the right side of the aisle will most likely point to Ben Carson’s net worth as a mark in his favor. After all, Carson worked hard with unquestionable success and has helped thousands during his career, saving countless lives.
On the left side of the aisle, analyses of Ben Carson’s net worth get slightly more muddy. Nobody will deny that Carson has contributed to humanity. Some, however, may take issue with the more than $4 million he has earned for speaking fees since 2013. Others may question why he hasn’t given more to charity. In fact the Carson Scholars Fund and the Ben Carson Reading Project are at least two instances of Carson’s charitable contributions. Some will still say that as a millionaire he’s out of touch, but all in all it’s difficult to make too much out of Ben Carson’s high net worth.
Where Does Ben Carson’s Net Worth Come From?
Ben Carson’s net worth comes largely from his 36 year medical career. Carson has been a resident at Johns Hopkins University, Chief Resident, and Director of Pediatric Neurosurgery. During that time, his salary has likely spanned a range between $100,000 and $2.5 million per year. Carson has also published several books and given over 140 speeches since retiring in 2013.
Ben Carson Net Worth Breakdown:
The table below shows totals for all assets and debt disclosed by Ben Carson in his annual financial disclosure documents from June of 2015. The tables shows all reported assets contributing to Ben Carson’s net worth. We’ve also added in the probable value of his real estate.
Ben Carson Net Worth Breakdown | ||
Employment Assets | Min Value | Max Value |
American Business Collaborative LLC (self employed passthrough entity for public speaking and book royalties) | $1,000,001 | $5,000,000 |
Kellog company | $1,000,001 | $5,000,000 |
Costco Wholesale Corp. | $1,000,001 | $5,000,000 |
Kellog company (outstanding vested stock options) | $100,001 | $250,000 |
INVESCO CONV SECURITIES FD CL A (held in 401k Plan) | $100,001 | $250,000 |
STONE RIDGE US SM CAP VARIANCE RISK PREM M (held in 401k Plan) | $50,001 | $100,000 |
DEUTSCHE BANK 0%18 (This and all assets below are held in Defined Benefit Plans) | $100,001 | $250,000 |
JPMORGAN CHASE BANK 0%20 CD FDIC DUE 04/30/20 | $100,001 | $250,000 |
WELLS FARGO & CO 0%17 | $250,001 | $500,000 |
INVESCO BALANCED RISK ALLOC FD CL A | $50,001 | $100,000 |
AMERICAN CENTURY MID CAP VALUE FD INV CL | $100,001 | $250,000 |
STONE RIDGE ALL ASSET VARIANCE RISK PREM COM CL | $250,001 | $500,000 |
HARBOR INTERNATIONAL FUND INST CL | $100,001 | $250,000 |
METROPOLITAN WEST HIGH YIELD BONC M | $100,001 | $250,000 |
OPPENEHEIMER DEVELOPING MKTS FD CL A | $15,001 | $50,000 |
PIMCO ALL ASSET ALL AUTHORITY CL D | $50,001 | $100,000 |
PIMCO COMMODITY REAL RETURN STRAT D | $50,001 | $100,000 |
ALLIANZ GI NFJ SMALL CAP VALUE FD CL D | $50,001 | $100,000 |
DEUTSCH GLOBAL REAL ESTATE SECS S | $15,001 | $50,000 |
FIRST EAGLE OVERSEAS FUND CL A | $100,001 | $250,000 |
STONE RIDGE HIGH YIELD REINSURANCE RISK PREM M | $50,001 | $100,000 |
STONE RIDGE REINSURANCE RISK PREM M | $100,001 | $250,000 |
USAA SHORT TERM BD | $100,001 | $250,000 |
WESTPORT FUND CLASS R | $100,001 | $250,000 |
PIMCO TOTAL RETURN CL D | $0 | $1,001 |
STONE RIDGE US MASTER VARIANCE RISK PREM COM CL | $0 | $1,001 |
The following assets are receivable speaking fees that will be paid by Washington Speakers Bureau through American Business Collaborative, LLC | ||
Save Our Youth | $50,001 | $100,000 |
Meals on Wheels Plus, Inc. | $50,001 | $100,000 |
Phil Waldrep Ministries | $15,001 | $50,000 |
Dayton Right to Life | $15,001 | $50,000 |
YMCA of the Suncoast | $15,001 | $50,000 |
CSP Business Media, LLD | $50,001 | $100,000 |
YPO Cincinnati | $15,001 | $50,000 |
Total Ben Carson Employment Assets | $5,140,031 | $19,952,002 |
Other Assets | Min Value | Max Value |
BenCan, LLC (Commercian rental real estate property ownership, Pittsburgh, PA) | $1,000,001 | $5,000,000 |
INBS, LLC (Commercial rental real estate property, Pittsburgh, PA, spouse) | $1,000,001 | N/A |
Pruco Life Insurance Co (Cash Value Annuity) AST Advanced Strategies Portfolio | $500,001 | $1,000,000 |
Bank of America (Cash) | $50,001 | $100,000 |
F&M Bank (Cash) | $50,001 | $100,000 |
First Mariner Bank (Cash) | $15,001 | $50,000 |
S&T Bank (Cash) | $1,001 | $15,000 |
Colombo Bank (Cash) | $1,001 | $15,000 |
Vanguard VII-A L.P. | $15,001 | $50,000 |
Dfine, Inc. | $1,001 | $15,000 |
Vormetric | $15,001 | $50,000 |
Blackstone Group L.P. | $1,001 | $15,000 |
Hansen Medical, Inc. | $1,001 | $15,000 |
Vocera Communication | $15,001 | $50,000 |
STONE RIDGE US MASTER VARIANCE RISK PREM M | $100,001 | $250,000 |
JP MORGAN CHASE BANK 0%19CD FDIC | $100,001 | $250,000 |
Schwab Money Market Fund | $1,000,001 | $5,000,000 |
Deutsch Bank 0%18F | $100,001 | $250,000 |
BARON GROWTH FUND | $50,001 | $100,000 |
INVESCO CONY SECURITIES FD CL A | $100,001 | $250,000 |
HARBOR INTERNATIONAL FUND INST CL | $100,001 | $250,000 |
JPMORGAN STRATEGIC INCM OPPTY A | $100,001 | $250,000 |
OPPENHEIMER DEVELOPING MKTS FD CL A | $100,001 | $250,000 |
PIMCO COMMODITY REAL RETURN STRAT D | $15,001 | $50,000 |
PIMCO INCM CL D | $100,001 | $250,000 |
FIRST EAGLE OVERSEAS FUND CL A | $100,001 | $250,000 |
STONE RIDGE REINSURANCE RISK PREM M | $100,001 | $250,000 |
USAA SHORT TERM BD | $50,001 | $100,000 |
STONE RIDGE INTL MASTER VARIANCE RISK PREM M | $100,001 | $250,000 |
CPC Grand Prix South Lot (investment real estate in West Palm Beach, FL) | $1,000,001 | $5,000,000 |
GOLDMAN SACHS GROUP 0%15 | $250,001 | $500,000 |
JP MORGAN CHASE BANK 0%19CD FDIC | $50,001 | $100,000 |
THORNBURG LTD TERM MUNI FD CL A | $100,001 | $250,000 |
American Funds New Perspective – 529 F-1 CollegeAmerican 529 Plan (State of VA) | $1,001 | $15,000 |
PIMCO LOW DURATION CL D | $0 | $1,001 |
SCHWAB US LARGE CAP ETF | $0 | $1,001 |
Quiet Valley Farm (Rental income received from granting use of a section of farmland on residential property) | $100,001 | $250,000 |
Total Ben Carson Other Assets | $6,381,035 | $20,592,002 |
Ben Carson Liabilities | Type | Min Value |
PNC Bank | Mortgage on commercial rental real estate and property co-owned by BenCan, LLC and INBS, LLC | $1,000,001 |
Ben Carson Properties (probable) | ||
Median home value per Zillow | ||
Rumored to own a villa on Italy’s Amalfi Coast | $500,000 | |
Rumored to own a home in West Palm Beach, FL. | $928,100 | |
Total Ben Carson Net Worth Figures | Min Value | Max Value |
Employment Assets | $5,140,031 | $19,952,002 |
Other Assets | $6,381,035 | $20,592,002 |
Liabilities | $1,000,001 | $5,000,000 |
Italy villa | $500,000 | $500,000 |
West Palm Beach, FL home | $928,100 | $928,100 |
Total Ben Carson Net Worth | $13,949,167 | $46,972,104 |
Average Ben Carson Net Worth | $30,460,636 |