Michael K. Simpson
Michael K. Simpson Net Worth & Financial Disclosure
houseAnnual financial disclosure for 2011, filed May 13, 2011. Includes 14 assets and 1 liabilities.
Est. Net Worth
$2M
2011 annual disclosure
Total Assets
$1.2M - $2.8M
14 assets
Total Liabilities
$15K - $50K
1 liabilities
Total Trades
123
From PTR filings
Trade Volume
$1.5M
Midpoint of disclosed ranges
Net Worth Over Time
Assets by Category
Retirement & Pension$1M (6)
Real Estate$675K (2)
LLC / Partnership$175K (1)
Gov. Securities$75K (1)
Stocks$33K (2)
Bank & Cash$16K (2)
Top Stock Holdings (from trades)
All Assets (14)
| Asset | Value |
|---|---|
Morgan Stanley Smith Barney (Traditional IRA) | $500,001 - $1,000,000 |
Morgan Stanley Smith Barney (Traditional IRA) | $15,001 - $50,000 |
Liabilities (1)
| Creditor | Type | Amount |
|---|---|---|
| Bank of America, Wilmington, DE | credit card | $15,001 - $50,000 |
Trading Sector Allocation (from PTR trades)
Real Estate$32K
Financial Services$404K
Energy$202K
Healthcare$130K
Industrials$113K
Basic Materials$80K
Technology$40K
Communication Services$185K
Utilities
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).
