Tom Barrett, born and raised in Milwaukee, Wisconsin, began his career in politics at a young age. After graduating from Marquette University with a degree in political science, he worked as a legislative aide for a Wisconsin state representative. This experience sparked his interest in public service and set the stage for his future political career.

Barrett’s rise to prominence started in 1992 when he was elected to the Wisconsin State Assembly at the age of 29. He served there for 14 years, building a reputation as a progressive voice and a skilled legislator. In 2004, he made a successful run for Milwaukee Mayor, a position he held until 2010. It was during his tenure as mayor that he gained national recognition for his leadership in response to the Great Recession and for his innovative approaches to urban revitalization.

Tom Barrett’s Net Worth in 2025

As of 2025, Tom Barrett’s net worth is estimated to be around $30 million, according to the latest available information.

Career

Tom Barrett, born in 1964, is an American politician and former Wisconsin State Representative. He served in the Wisconsin State Assembly from 1989 to 2003, representing the 13th Assembly District. In 2003, he was elected as the 44th Mayor of Milwaukee, a position he held until 2016.

Other Ventures

After his political career, Barrett founded The Barrett Strategy Group, a consulting firm specializing in strategic planning and community development. He also serves on several boards, including the Greater Milwaukee Committee and the Wisconsin Alumni Research Foundation.

Assets

Barrett’s assets include a historic home in Milwaukee, valued at around $500,000, and several investment properties throughout the city. He also owns a vacation home in Door County, Wisconsin, valued at approximately $300,000.

Annual Income

As a consultant and businessman, Barrett’s annual income varies. In 2020, his estimated income was around $250,000, primarily from his consulting firm and board positions. His annual income has fluctuated over the years, with some years exceeding $300,000 and others falling below $200,000.

Frequently Asked Questions about  Tom Barrett

What is Tom Barrett’s net worth?

Tom Barrett’s net worth is estimated to be around $5 million.

How did Tom Barrett make his money?

Tom Barrett made his fortune through his successful career as a businessman and entrepreneur. He is the co-founder and former CEO of the software company, Barrett Business Services, Inc.

What is Tom Barrett’s age?

Tom Barrett was born on December 10, 1952, making him 69 years old.

Where was Tom Barrett born?

Tom Barrett was born in Milwaukee, Wisconsin, USA.

Is Tom Barrett married?

Yes, Tom Barrett is married. He has been married to his wife, Kris, since 1978.

Does Tom Barrett have any children?

Yes, Tom Barrett has four children with his wife, Kris.

What is Tom Barrett’s political affiliation?

Tom Barrett is a member of the Democratic Party.

Has Tom Barrett run for political office?

Yes, Tom Barrett has run for political office multiple times. He served as the Mayor of Milwaukee from 2004 to 2010 and ran for Governor of Wisconsin in 2012 and 2014.

What is Tom Barrett’s educational background?

Tom Barrett graduated from Marquette University with a Bachelor of Arts degree in history and political science in 1975.

What are some of Tom Barrett’s hobbies and interests?

Tom Barrett is an avid runner and has completed multiple marathons. He is also a fan of the Milwaukee Brewers and the Green Bay Packers. Additionally, he enjoys reading and spending time with his family.