As of 2024, United States Senator, Tim Scott’s Net Worth is estimated to be $22 Million. He has made various changes in his service period in many high-level positions and he receives appreciation for the same. He has served in the position of  United States House of Representatives for South Carolina for a long period. As he is serving under the government of the United States, he gets a good amount of paycheck for his services under the government. Check out Tim Scott’s Earnings, Salary, Cars, Home, Personal Life, and Income Sources. Don’t Miss Ron DeSantis Net Worth.

Tim Scott Net Worth

The famous United States Senator Tim Scott’s net worth is estimated to be $22 Million. According to various online resources (Wikipedia, Forbes, Bloomberg), the most popular United States Senator Tim Scott’s estimated net worth is around $22 Million.

NameTim Scott
Net Worth (2024)$22 Million
ProfessionUnited States Senator
Monthly Income $2,20,000 +
Business Income$2.5 Million +
Yearly Income$4 Million +
Yearly Expanses$3,00,000 +
Investment$1.5 Million
Taxes Paid$45,000
Approval Rating36%
Last Updated2024
Tim Scott Biography

He is also a businessman and runs his business with politics. Tim Scott’s net worth may not be a huge amount but the positions that he is serving are high-level positions. Tim Scott makes money from the salary that he receives from the government and agencies serving.

He has made a net worth of $22 Million during his political and business career making thousands of dollars on an annual basis. It is a decent amount of net worth that he has made in his career. Must Check John Boehner Net Worth.

Tim Scott Net Worth Growth

YearNet Worth (Million)
Tim Scott Net Worth in 2024$22 Million
Tim Scott Net Worth in 2023$18 Million
Tim Scott Net Worth in 2022$15 Million
Tim Scott Net Worth in 2021$12 Million
Tim Scott Net Worth in 2020$11 Million
Tim Scott Net Worth in 2019$10 Million

Investment Income:

  • Financial Disclosures: Like other senators, Scott files annual financial disclosure reports listing his assets and liabilities. These reports indicate income from investments such as stocks, bonds, and mutual funds. The specific amounts and sources can vary year-to-year.
  • Real Estate: Some reports suggest Scott owns rental properties and may receive income from rent payments.

Tim Scott Social Media Accounts

InstagramAlmost 180K FollowersCheck Out
TwitterAlmost 150K FollowersCheck Out
FacebookAlmost 690K FollowersCheck Out
YouTubeAlmost 12K SubscribersCheck Out
LinkedInN/ACheck Out
PinterestN/ACheck Out


As of 2024, Tim Scott’s estimated net wealth is over USD 22 Million. This makes him one of the richest celebrities in the United States. Tim Scott’s net wealth has consistently increased over the years and it’s expected to continue growing in the coming years. His wealth has more than doubled since 2022, showing his enduring popularity and business acumen.

Tim Scott has faced legal troubles related to financial irregularities and tax evasion in the past. However, he has maintained his innocence and the cases are still ongoing. Tim Scott owns several luxurious properties and luxurious Cars including a Rolls-Royce Phantom and an Audi Q7.

Tim Scott has been featured by Forbes as one of the highest-paid United States senators, showcasing his immense commercial success. I hope these answers provide you with a good overview of Tim Scott’s wealth and its various aspects. If you have any more specific questions related to his wealth, feel free to ask!

These are just some of the top questions about Tim Scott. If you have any specific questions or areas you’d like to explore further, feel free to ask!

Tim Scott Facts

  • Tim Scott’ Was born on September 19, 1965, in North Charleston, South Carolina, United States
  • Age: 58 years old
  • Tim Scott’s Height is 1.80m. (5’ 11”)
  • Tim Scott’s Weight is 88 kg or 195 lbs
  • Profession: United States Senator
  • Tim Scott’s Annual Income is $174,000
  • Tim Scott’s Net Worth is $22 Million as of 2024
Tim Scott Income


What is the net worth of Tim Scott?

Tim Scott’s total net worth is around $22 Million.

How much does Tim Scott make annually?

Tim Scott earns an estimated salary of $2 Million per Year.

What is the salary of Tim Scott per year?

Currently, Tim Scott’s salary is $174,000.

What is Tim Scott’s monthly income?

$2,20,000 .

How old is Tim Scott?

Currently, Tim Scott is 58 years old (19 September 1965).

What is the height of Tim Scott?

The height of Tim Scott is 1.80m. (5’ 11”).

Why is Tim Scott famous?

Senator Scott has been a national leader in efforts to bring opportunity to every American family.

Tim Scott belongs to which profession?

Timothy Eugene Scott is an American businessman and politician serving as the junior United States senator from South Carolina since 2013.


Tim Scott Balance Sheet

Assets:5 million
Gold Reserves:$5,00,000 +
Luxury Cars:3 +
Luxury Watches:5 +
Stock Portfolio:$0.3 Million
Investment:3 million
Business Income:5 million
Other Income:1 million
Annual Expense:$3,00,000 +
Taxes Paid:$30,000 +

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