Net Worth Ranker
What Is Clarence Thomas’ Net Worth?
Clarence Thomas, an Associate Justice of the Supreme Court of the United States, possesses a net worth that has been the subject of public record and financial disclosures. According to his most recent filings, Clarence Thomas’ net worth is estimated to range between a minimum of $600,000 and a maximum of $1 million. This valuation considers various assets and liabilities reported in his financial disclosures.
It’s worth noting that in 2007, Justice Thomas received a significant $1.5 million advance for his memoir, “My Grandfather’s Son,” which became a bestseller. This advance would have contributed substantially to his financial assets at the time, though it is not directly reflected in his current net worth range due to the passage of time and potential investment or expenditure of those funds.
Clarence Thomas’ Financial Details
As a Supreme Court Justice, Clarence Thomas receives an annual salary. Currently, the salary for a Supreme Court Justice is $220,000. This salary contributes to his ongoing income and financial stability, in addition to any other potential income sources he may have.
Ginni Thomas’ lobbying career has been a source of controversy for Clarence at various times over the years. In 2000, she was working for the conservative think tank The Heritage Foundation, helping the George W. Bush campaign in collecting resumes for Presidential appointments. These disclosures showed that between 2003 and 2007, Ginni earned $686,589 from the Heritage Foundation.
Justice Thomas’ Early Life and Career
Clarence Thomas was born in June 1948 in Pin Point, Georgia. His early life experiences profoundly shaped his perspectives and career trajectory. After a brief period at Conception Seminary College, he transferred to the College of the Holy Cross, where he graduated cum laude with a degree in English literature in 1971.
Following graduation from Yale Law School in 1974, Thomas began his legal career in Missouri, serving as an Assistant Attorney General from 1974 to 1977 under then-state AG John Danforth. Subsequently, he worked as an attorney for the Monsanto Chemical Company. In 1979, he moved to Washington D.C. to work as a legislative assistant for Senator John Danforth, focusing on energy issues for the Senate Commerce Committee from 1979 to 1981. His career progression continued with roles such as Assistant Secretary of Education for the Office for Civil Rights (1981-1982) and Chair of the Equal Employment Opportunity Commission (1982-1990). In October 1989 he was nominated by George H. W. Bush to be a Federal judge for the United States Court of Appeals for the District of Columbia Circuit.
Clarence Thomas’ net worth has been accumulated through a combination of his salary as a Supreme Court Justice, book advances, and potentially other investments or assets not fully detailed in public disclosures. While his reported net worth range is $600,000 to $1 million, this figure provides a snapshot based on available financial documentation and may not encompass all aspects of his financial holdings.
