Colin Allred’s Net Worth: A Detailed Exploration

How Colin Allred Accumulated His Wealth

Alt Text

Colin Allred, a prominent figure in American politics, has amassed a substantial net worth estimated between $412,011 and $1,030,000. As a member of the U.S. House of Representatives, Allred’s political career has been a primary source of his income, along with fundraising efforts for his 2024 Senate campaign.

Contributions from Political Career

Allred’s political career has played a significant role in his financial growth. As a U.S. Representative, he earns an annual salary of $174,000. Additionally, his fundraising abilities have been impressive, with over $136 million raised for his Senate campaign.

Asset Portfolio

Beyond his political income, Allred has a diversified asset portfolio valued at $721,005. This includes investments in real estate, stocks, and other financial instruments.

Investment Strategy

Allred’s investment strategy leans towards long-term growth and social responsibility. He has invested in prominent tech companies, including Apple, Amazon, Microsoft, and Tesla. Notably, he has also allocated a portion of his portfolio to renewable energy and affordable housing initiatives.

Unpacking Allred’s Assets and Annual Income

Assets

  • Valued at $721,005 (as of 2018)
  • Include real estate, investments, and personal property

Annual Income

  • $174,000 salary as a U.S. House Representative

Key Takeaways

  • Colin Allred’s net worth is estimated to be between $412,011 and $1,030,000.
  • His political career and fundraising efforts have been major contributors to his wealth.
  • Allred’s asset portfolio includes investments in tech stocks and socially conscious ventures.
  • His investment strategy prioritizes long-term growth and ethical consumption.