Millionaire justices

Steve Henn Jun 12, 2007

TEXT OF STORY

SCOTT JAGOW: The average American household has a net worth just shy of $100,000, but the average Supreme Court justice does a little better than that. We just got some financial disclosure records from the court. Steve Henn tells us more.

STEVE HENN: According to court legend, Justice David Souter eats lunch every day at his desk, and every day it’s the same: an apple and plain yogurt.

In the summer while other Justices jet off on all-expense-paid trips to Europe, Africa or Asia, Souter drives himself back to Weare, New Hampshire and spends time with his mother.

Yet Souter may be the wealthiest member on the court. He reported that a single investment in the Chittenden Corporation, a Vermont bank, was worth between $5 and $25 million.

The other multimillionaires on the court include Justice Ginsburg whose net worth is well north of $3 million and Justice Breyer, whose wife’s family owns Pearson Publishing and the Financial Times of London.

But not all the Justices are rolling in clover.

Justices Thomas and Kennedy reported less than a million dollars in total assets. Of course, that excludes their homes.

In Washington, I’m Steve Henn for Marketplace.

TEXT OF STORY

SCOTT JAGOW: The average American household has a net worth just shy of $100,000, but the average Supreme Court justice does a little better than that. We just got some financial disclosure records from the court. Steve Henn tells us more.

STEVE HENN: According to court legend, Justice David Souter eats lunch every day at his desk, and every day it’s the same: an apple and plain yogurt.

In the summer while other Justices jet off on all-expense-paid trips to Europe, Africa or Asia, Souter drives himself back to Weare, New Hampshire and spends time with his mother.

Yet Souter may be the wealthiest member on the court. He reported that a single investment in the Chittenden Corporation, a Vermont bank, was worth between $5 and $25 million.

The other multimillionaires on the court include Justice Ginsburg whose net worth is well north of $3 million and Justice Breyer, whose wife’s family owns Pearson Publishing and the Financial Times of London.

But not all the Justices are rolling in clover.

Justices Thomas and Kennedy reported less than a million dollars in total assets. Of course, that excludes their homes.

In Washington, I’m Steve Henn for Marketplace.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.