Phil Gramm Net Worth (Updated 2026).

Phil Gramm, born in 1942 in Mineola, Texas, began his career in the world of politics after earning his Ph.D. in economics from the University of Georgia. He initially worked as an economist for the Department of Labor and later taught economics at Texas A&M University. His academic background and passion for economic policy laid the groundwork for his political career.

Gramm’s political journey took off in 1978 when he was elected to the U.S. House of Representatives, representing Texas’s 6th congressional district. He quickly gained a reputation for his fiscal conservatism and became a leading voice on economic issues. His fame grew with his role in crafting the Gramm-Rudman-Hollings Act, a major budget reform bill, and his chairmanship of the House Banking Committee.

Phil Gramm’s Current Net Worth (2025)

As of 2025, Phil Gramm’s current net worth is estimated to be around $200 million, according to the latest available information. This figure reflects his successful career in politics and his various business ventures.

Career

Phil Gramm is a prominent American politician and economist. He served as a U.S. Representative from Texas from 1979 to 1985, and then as a U.S. Senator from Texas from 1985 to 2002. During his time in the Senate, he held various influential positions, including the Chair of the Senate Banking Committee. After retiring from politics, Gramm worked as a vice chairman of UBS Investment Bank.

Other Ventures

In addition to his political career, Gramm has also been involved in various business ventures. He co-founded the investment firm US Policy Metrics in 2002, and has served as a visiting scholar at the American Enterprise Institute. He has also written several books on economics and politics.

Assets

Gramm’s assets include real estate properties in Texas and Washington D.C., as well as investments in various financial markets. He also has a significant stake in US Policy Metrics, the investment firm he co-founded. His assets are valued at around $150 million.

Annual Income

Gramm’s annual income is primarily derived from his business ventures and speaking engagements. As of 2025, his estimated annual income is around $10 million. This figure is subject to change based on his ongoing business activities and market conditions.

Frequently Asked Questions about  Phil Gramm

Frequently Asked Questions: Phil Gramm Net Worth

1. What is Phil Gramm’s net worth?

Phil Gramm’s net worth is estimated to be around $150 million.

2. How did Phil Gramm make his money?

Phil Gramm made his fortune primarily through his career as a politician and economist. He served as a U.S. Senator from Texas for 18 years and was also a member of the U.S. House of Representatives. Additionally, he has worked as an economist and a professor.

3. What is Phil Gramm’s political affiliation?

Phil Gramm is a Republican.

4. When was Phil Gramm born?

Phil Gramm was born on July 9, 1942.

5. Where did Phil Gramm grow up?

Phil Gramm was raised in a small town in Georgia.

6. What is Phil Gramm’s educational background?

Phil Gramm earned a Bachelor’s degree in economics from the University of Georgia and a Ph.D. in economics from the University of Georgia as well.

7. What positions has Phil Gramm held in the government?

Phil Gramm has served as a U.S. Senator from Texas, a member of the U.S. House of Representatives, and as the Chairman of the Senate Banking Committee.

8. What is Phil Gramm’s stance on economics?

Phil Gramm is known for his conservative economic views and has been a strong advocate for free market policies.

9. Has Phil Gramm written any books?

Yes, Phil Gramm has written several books on economics and politics, including “Economics, Politics, and the World Financial Crisis” and “The Economics of the Minimum Wage”.

10. What is Phil Gramm’s current role?

As of now, Phil Gramm is a senior counselor at the investment bank UBS Securities LLC and a visiting scholar at the American Enterprise Institute.