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Minnesota Gov. Tim Walz<\/strong>, the Democratic running mate of Vice President Kamala Harris<\/strong>, owns no stocks, bonds, or real estate, according to his most recent financial disclosure\u2014a financial position that creates a striking contrast with the Republican nominee for Vice President, Ohio Sen. JD Vance<\/strong>.<\/p>\n In 2019, after Walz, 60, was elected governor, he and his wife sold their Mankato, Minnesota, home and moved into the governor\u2019s mansion, which the state pays $4,400 a month to rent. They listed the four-bedroom house for $315,000, having purchased it in 1997 for $145,000.<\/p>\n Walz\u2019s salary as governor of Minnesota is $127,629. Although he was eligible for a raise last year to $149,550, he chose not to accept it, according to state records. Most of the income comes from Walz\u2019s salary as governor, while a portion is earned by his wife, Gwen Walz<\/strong>, who lists her salary as an educator as business income.<\/p>\n If Harris and Walz are elected, Walz\u2019s earnings would nearly double with the vice president\u2019s annual salary of $284,600.<\/p>\n \u201cIn recent years, he stands out considerably. If you look at the folks who have been chosen as running mates, they\u2019ve been relatively financially secure,\u201d said Mark Updegrove<\/strong>, a presidential historian and president and CEO of the Lyndon Baines Johnson Foundation.<\/p>\n Walz\u2019s personal finances are somewhat of an anomaly for an elected official, especially for someone on a presidential ticket.<\/p>\n Republican presidential nominee Donald Trump<\/strong> is a billionaire many times over, while Forbes estimates Vance\u2019s net worth, based on publicly reported investments and cash, to be between $3 million and $10 million.<\/p>\n Harris reported personal securities investments valued between $800,000 and $1.75 million, along with cash holdings ranging from $550,000 to $1.1 million. (Federal disclosure reports typically require filers to disclose amounts within ranges, rather than specific sums.)<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n Walz\u2019s modest means as a candidate align well with his image as a humble American man and a fierce defender of the Democratic ticket.<\/p>\n Walz joined the Army National Guard at age 17 after graduating high school, serving in the Minnesota National Guard from 1981 to 2005 before retiring to run for Congress. Walz also worked as a high school social studies teacher and football coach\u2014he is now often referred to as \u201cCoach\u201d while campaigning. He served in Congress from 2007 to 2019 and is currently serving his second term as governor, which lasts until 2027.<\/p>\n<\/p><\/div>\n