Gov. Bobby Jindal has investments and money in the bank valued at $3.79 million to $11.3 million, based on a personal financial disclosure the Republican presidential candidate filed with the Federal Elections Commission this week.
The nine-page disclosure, which The Advocate obtained from the FEC, shows that for the reporting period, the two-term governor earned more than $400,000, including $200,000 from the state of Louisiana, a $75,667 advance on his forthcoming book and interest and dividends off his investment funds.
The state of Louisiana pays governors an annual $130,000 salary, but the reporting period includes the 2014 calendar year and 2015 to the date of filing.
Because FEC disclosures reflect a range of value, it’s unclear exactly how much Jindal’s 26 investment accounts and two checking accounts are worth.
All presidential candidates are required to file their financial disclosures with the FEC. While that left some clamoring for a potential peek at Republican real estate mogul Donald Trump’s finances and those of former Secretary of State Hillary Clinton, a Democrat, relatively little attention has been paid to Jindal’s.
In contrast with Jindal, the youngest candidate in a crowded field of Republican presidential hopefuls, U.S. Sen. Marco Rubio’s modest finances have made national headlines. Rubio, of Florida, is less than a month older than Jindal and reported assets of between $300,000 and $840,000, according to a Wall Street Journal analysis.
Jindal was similarly required to file a yearly state disclosure form in May. That form, though less detailed on some of Jindal’s specific investments, showed that Jindal and his wife, Supriya, bought and sold several mutual funds in 2014, worth varying amounts. The state form also doesn’t show Jindal’s net worth.
Jindal, 44, has worked in the public sector since the age of 24, when he was appointed secretary of the Louisiana Department of Health and Hospitals. After that, he served as president of the University of Louisiana System, was appointed to then-President George W. Bush’s administration and spent three years in Congress, before he was elected governor.
As governor, Jindal and his family live rent-free in the Governor’s Mansion in Baton Rouge. When Jindal left Congress in 2007, he reported investment assets valued at $1.7 million to $4 million.