Stay Curious. Stay Connected.
MailNewsletters♡Donate Now
Sign up
*Password must be at least 8 characters and contain one uppercase letter, one lowercase letter, one number and one symbol.
Already have an account?
By submitting, you consent that you are at least 18 years of age and to receive information about MPR's or APMG entities' programs and offerings. The personally identifying information you provide will not be sold, shared, or used for purposes other than to communicate with you about MPR, APMG entities, and its sponsors. You may opt-out at any time clicking the unsubscribe link at the bottom of any email communication. View our Privacy Policy.
Sign in to your profile
Forgot Password?
New to MPR News?
Welcome back
to news
for you
Reset Password

Enter the username on file and we'll send you a code to reset your password.

Still require assistance or not sure what your User Name is?
Welcome back
to news
for you
Email Verification

A verification code has been emailed to

Still awaiting the code?
Capitol View®
Brian Bakst

Sen. Smith has net worth of at least $5 million

Go Deeper.

Create an account or log in to save stories.

Like this?

Thanks for liking this story! We have added it to a list of your favorite stories.

The first full financial disclosure form filed by U.S. Sen. Tina Smith shed light on a vast portfolio of stock holdings that appraise her family’s assets of at least $5 million and possibly near $12 million.

The required report was filed Thursday with a Senate office that maintains disclosure materials. Smith, a DFLer who was appointed in January to replace Sen. Al Franken upon his resignation, also listed liabilities of $850,000 to $1.75 million, attributed to mortgage and home equity loans.

It’s difficult to pinpoint Smith’s precise worth because filers are allowed to list the value of holdings in wide ranges. But the report lists in detail which mutual funds, stocks and hedge fund securities she has with her husband, Archie. He is an investor with a focus on medical industry stocks. 

Smith’s report reflects that emphasis, with med-tech companies throughout: Medtronic, Cogenix, Insulet, Boston Scientific and more. The Smiths also own stocks in U.S. Bancorp and TCF Financial, which are only some of the family’s financial sector holdings.

Smith is Minnesota’s former lieutenant governor, which entitles her to a future defined contribution pension.

Smith’s liabilities include mortgages in 2011 and 2014 as well as a 2016 home equity line.

None of Smith’s 2018 challengers, including Republican state Sen. Karin Housley and newly declared DFL candidate Richard Painter, have filed their first reports on their financial status. They will be required to do so in the coming weeks.