Nemanja Curcic
Cindy Hyde-Smith is an American politician who has served as the U.S. Senator from Mississippi since 2018. A former lobbyist and long-time Mississippi Commissioner of Agriculture and Commerce, Hyde-Smith has made a reputation as a staunch conservative and Trump supporter. Today, we will reveal Senator Cindy Hyde-Smith’s net worth and uncover her publicly available sources of income.
How rich is Cindy Hyde-Smith?
Cindy Hyde-Smith went to Lawrence County Academy, a segregation academy in Monticello, before enrolling at Copiah–Lincoln Community College and earning an associate’s degree. Afterward, Hyde-Smith attended the University of Southern Mississippi and obtained a B.A. in criminal justice and political science.
Before entering politics, she was a lobbyist for the Southern Coalition for Safer Highways and served as the state director for the National Coalition for Healthcare.
Her first political career appointment was membership in the Mississippi State Senate, which she assumed in 2000. Initially a Democrat, she switched to the Republican Party in 2010. Between 2012 and 2018, she served as the Mississippi Commissioner of Agriculture and Commerce, subsequently being appointed the junior Senator from Mississippi.
What is Cindy Hyde-Smith’s net worth?
Disclaimer: Estimating a lawmaker’s net worth is challenging because disclosure forms do not mandate exact values. Instead, lawmakers report the value of their assets and liabilities within specified ranges. While we strive to accurately estimate net worth from filings, disclosure rules have shortcomings. Personal residences, certain personal property, and federal retirement accounts are often not reported. Large assets can be listed in broad categories like “Over $1 million” or “Over $50 million,” potentially worth much more. Additionally, most Members of Congress earn $174,000 annually, but this isn’t required to be disclosed.
How did Cindy Hyde-Smith make her money?
Besides lobbying and politics, Cindy Hyde-Smith has a background in agriculture and owns a farm with her husband. Her public sources of income have included:
- Lobbyist career: Cindy Hyde-Smith first worked as a lobbyist for the Southern Coalition for Safer Highways and the National Coalition for Healthcare;
- Politics: Senator Hyde-Smith first entered politics in 2000 as a member of the Mississippi State Senate. Today, she is a U.S. Senator from Mississippi, with an annual salary of $174,000;
- Agricultural and other investments: Having significant experience in agriculture and commerce made Hyde-Smith naturally inclined towards such investments. She owns a beef farm with her husband in Brookhaven, Mississippi, which makes up a significant portion of her net worth.
Cindy Hyde-Smith’s assets
Hyde-Smith’s 2022 financial disclosure form reveals the Senator from Mississippi’s notable portfolio, which includes:
- Lincoln County Farm – a beef farm in Brookhaven, Mississippi, valued between $500,001 and $1,000,000;
- Mississippi Public Employees Retirement System – a retirement plant valued between $100,001 and $250,000;
- Goldman Sachs bank deposit – valued between $50,001 and $100,000.
Insider trading involvement
According to her latest financial disclosure form, Cindy Hyde-Smith does not own or trade individual stocks. She has not been accused of insider trading.
Who is Cindy Hyde-Smith?
Cindy Hyde-Smith was born in Brookhaven, Mississippi, on May 10, 1959. She has a B.A. in criminal justice and political science from the University of Southern Mississippi. Before entering politics, she had a career as a lobbyist.
She was appointed Senator from Mississippi to fill the resigned Senator Thad Cochran’s seat in April 2018. Before becoming a senator, she was a member of the Mississippi State Senate and the Mississippi Commissioner of Agriculture and Commerce.
Recommended video: Cindy Hyde-Smith Defends ‘Public Hanging’ Comment In Mississippi Senate Debate | NBC News
Hyde-Smith is a staunch conservative who supports the Second Amendment, Donald Trump, and pro-life stances. During her 2018 Senate election campaign, she was accused of racism. Still, she was re-elected in 2020 owing to her dedication to agriculture, veterans’ affairs, and catering to her constituents’ values.
The bottom line
The Senator from Mississippi’s notable net worth puts her among the averagely wealthy U.S. Senators. Specifically, Cindy Hyde-Smith’s net worth is between $144,000 and $1.65 million.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
