Wealth & Disclosure · U.S. Representative

Pat Fallon's Net Worth: $17.5M, Line by Line

Rep. Pat Fallon (R-TX) filed a 2024 financial disclosure listing $17.5M in assets across 112 line items and $10K in liabilities. That is a net-worth midpoint of $17.5M (range $8.0M to $27.0M). Congress reports brackets, not balances, and never counts the house. We show the money; you draw the conclusions.

Source: Congressional Personal Financial Disclosure + STOCK Act periodic reports Latest filing: 2024 Published:
$17.5M
Net Worth (disclosure midpoint)
range $8.0M–$27.0M, excl. homes
$17.5M
Disclosed Assets
112 line items
$10K
Disclosed Liabilities
1 line item
171
Disclosed Trades
~$19.2M volume
27%

27% of the disclosed portfolio sits in one category: cash & bank. The shape of a portfolio says more than its size.

Where it sits · 2024 Personal Financial Disclosure
The Document

The Filing Every Member Has to Make

Official congressional portrait of Pat Fallon
Rep. Pat Fallon (R-TX). Official congressional portrait · Public domain (U.S. Congress)

Under the STOCK Act, every member of Congress files an annual Personal Financial Disclosure — a list of assets, debts and outside income, each in a value bracket — plus a periodic transaction report for every trade. We parsed Rep. Pat Fallon's and put the filing itself behind every number on this page.

A note on residences. Congressional disclosures exclude personal homes entirely. A mortgage shows up as a debt; the house securing it never shows up as an asset. So the figure above is financial net worth, and the real total is higher — for some members, dramatically so. We report only what the form requires.
The Number

How Much Is Pat Fallon Worth?

Taking the midpoint of every disclosed bracket, the 2024 filing shows $17.5M in assets against $10K in liabilities — a net-worth midpoint of $17.5M (range $8.0M to $27.0M). Because the form reports ranges, the honest way to read it is the range: somewhere between $8.0M and $27.0M, excluding real estate.

That ranks #53 of 450 members with a filed disclosure, richer than 88% of Congress, 12.1× the median member, and 101× the $174,000 congressional salary. Congressional pay has not changed since 2009, which is why the salary multiple is the number that travels: it is the gap between what the job pays and what the people doing it are worth.

What They Hold

The Largest Disclosed Holdings

The biggest line items on the 2024 filing, by disclosed bracket. Congressional disclosures report a range, never an exact figure — so these are the brackets as filed, not marks.

HoldingAsset classDisclosed value
Wells Cash AccountsCash & bank$1.0M–$5.0M
Rental Home - 1Real estate$1.0M–$5.0M
PC Gear Delaware LLCPrivate funds$1.0M–$5.0M
(537095TC5)Bonds$500K–$1.0M
BANK OF AMERICA - CASHCash & bank$500K–$1.0M
BANK OF AMERICA - CASHCash & bank$250K–$500K
What They Owe

The Debts

CreditorTypeDisclosed amount
Citibank Card 12/31/2024 REVOLVING CHARGE ACCOUN≥ $10K
The Jurisdiction

What Pat Fallon Legislates

A net-worth figure on its own says nothing. What makes a congressional disclosure worth reading is the overlap between what someone owns and what their committees decide. Rep. Pat Fallon sits on 3 full committees and 5 subcommittees.

They are chair of Military Personnel. A gavel is the sharpest form of jurisdiction there is.

CommitteeLevelRole
House Committee on Armed ServicesFull committeeMember
House Committee on Oversight and Government ReformFull committeeMember
House Permanent Select Committee on IntelligenceFull committeeMember
Military PersonnelSubcommitteeChair
Cyber, Information Technologies, and InnovationSubcommitteeMember
Defense Intelligence and Overhead ArchitectureSubcommitteeMember
Delivering on Government EfficiencySubcommitteeMember
Open Source IntelligenceSubcommitteeMember
The Trading

Do They Trade Individual Stocks?

Yes. GovGreed has 171 disclosed STOCK Act transactions for Rep. Pat Fallon, worth roughly $19.2 million in estimated volume using bracket midpoints. Their most recent disclosed trade is dated 2022-10-31. Every trade is filed under the STOCK Act, which gives members 45 days to disclose.

See every trade, scored against the bills they vote on →

The Positions

What Pat Fallon Actually Trades

The names that show up most often on Rep. Pat Fallon's disclosures. CVX leads with 16 disclosed transactions worth roughly $1.4M at bracket midpoints. Counts are deduplicated: the raw filing table double-counts every disclosure, so a naive query returns about twice these numbers.

TickerTradesBuys / SellsVolume (mid)Last trade
CVX · Chevron Corporation165 / 11$1.4M2021-10-18
FDX · FedEx Corporation155 / 10$2.1M2021-10-04
AAL · American Airlines Group Inc.144 / 10$1.0M2021-10-04
AAPL · Apple Inc.134 / 9$3.0M2021-07-19
VZ · Verizon Communications Inc.134 / 9$1.4M2022-01-07
BA · The Boeing Company133 / 10$964K2021-10-04
The Paperwork

Do They File On Time?

The STOCK Act gives a member 45 days to disclose a trade. Across 182 disclosures, Rep. Pat Fallon filed 48.9% of them late — worse than the congressional average of 12.2%. The average disclosure arrived 56 days after the trade, past the legal deadline. The longest single gap on record is 170 days.

The penalty for filing late is $200. It has not changed since the STOCK Act passed in 2012, and there have been no prosecutions under it since.
Questions

Pat Fallon Net Worth FAQ

What is Pat Fallon's net worth?
The 2024 congressional Personal Financial Disclosure shows $17.5M in disclosed assets against $10K in liabilities, giving a net-worth midpoint of $17.5M (range $8.0M to $27.0M). Congressional disclosures report value brackets rather than exact figures and exclude personal residences entirely, so the true total is higher than the financial-asset figure shown here.
Does Pat Fallon trade individual stocks?
Yes. GovGreed has 171 disclosed STOCK Act transactions worth roughly $19.2 million in estimated volume, the most recent dated 2022-10-31.
Why does this number exclude their house?
Congressional financial disclosures do not require members to report personal residences. A mortgage appears as a liability but the home securing it never appears as an asset. That is why some members show a negative disclosed net worth, and why every figure here should be read as financial assets rather than total wealth.
Where does GovGreed get this data?
Every figure comes from Rep. Pat Fallon's own Personal Financial Disclosure filed with Congress, plus their periodic STOCK Act transaction reports - the same public filings every member must submit. GovGreed parsed and organized them; we report what the documents say and draw no legal conclusions.

Not financial advice. All data from public federal disclosures.