John Thune is a senior U.S. senator and the Senate minority whip. He has served since 2005 and previously represented South Dakota in the House. He is currently the leading contender to become the Senate Majority Leader.
John Thune Net Worth
Senator John Thune has a net worth of $7.5 million as of 2024. He earns $2 million annually through his stock market holdings and other business investments. Thune earns $600,000 in rental income from this real estate properties.
Senator John Thune’s Real Estate Holdings Valued at $4 Million Across South Dakota and Florida. Thune’s real estate portfolio, estimated at $4 million, includes properties in South Dakota and Florida.
In South Dakota, Thune owns a ranch near Rapid City valued at $1.5 million and a residential property in Sioux Falls worth $800,000.In Florida, he has invested in a condo in Fort Lauderdale with a market value of $1.2 million and a vacant lot in Tampa valued at $500,000.
Insider Trading
While the average rate of return from the stock market was 15%, Thune’s portfolio grew by a whopping 172%, thanks to the valuable insider information he obtained from his friends on Wall Street. He was also able to snatch a cheap property in Maui, Hawaii, after it was ravaged in recent fires.
Fued with Trump
Thune has expressed concerns about Trump’s attempts to overturn the 2020 election results, stating they would “go down like a shot dog” in the Senate, which led Trump to seek a primary challenger against him in 2024.