Cedric L. Richmond
Cedric L. Richmond Net Worth & Financial Disclosure
houseAnnual financial disclosure for 2012, filed August 3, 2012. Includes 8 assets and 3 liabilities.
Est. Net Worth
-$147K
2012 annual disclosure
Total Assets
$52K - $133K
8 assets
Total Liabilities
$130K - $350K
3 liabilities
Total Trades
3
From PTR filings
Trade Volume
$24K
Midpoint of disclosed ranges
Net Worth Over Time
Show data table
| Period | Est. net worth |
|---|---|
| 2010 | $396K |
| 2011 | $109K |
| 2012 | -$147K |
| 2013 | $8K |
| 2013 | $344K |
Assets by Category
Real Estate$83K (2)
Retirement & Pension$9K (3)
Mutual Funds$501 (1)
Bank & Cash$501 (2)
Top Stock Holdings (from trades)
All Assets (8)
| Asset | Value |
|---|---|
8 acres of land in Jeff Davis, MS Jeff Davis, MS, US | $1,001 - $15,000 |
50% Residential Rental Property in New Orleans, LA New Orleans, LA, US | $50,001 - $100,000 |
| N/A | |
| $1,001 - $15,000 | |
Chase IRA - Money Market Fund | $1 - $1,000 |
| $1 - $1,000 | |
Merrill Lynch (see attached) | N/A |
TD Ameritrade Insured Deposit Account | $1 - $1,000 |
Liabilities (3)
| Creditor | Type | Amount |
|---|---|---|
| Liberty Bank & Trust, LA | credit card | $15,001 - $50,000 |
| Liberty Bank & Trust, LA | mortgage | $100,001 - $250,000 |
| U.S. Department of Education | student loan | $15,001 - $50,000 |
Trading Sector Allocation (from PTR trades)
Financial Services$16K
Consumer Cyclical$8K
Methodology: Net worth is calculated from annual financial disclosures filed under the STOCK Act. Congress members report asset values and liabilities in ranges (e.g., $1,001-$15,000), not exact amounts. The “estimated net worth” shown is the midpoint of total assets minus the midpoint of total liabilities. Actual values may differ. Stock trading data comes from separate Periodic Transaction Reports (PTRs).