John Roberts’ net worth increased by $1.5 million since the Supreme Court nominee left a Washington law firm to become a federal appeals judge in 2003, his financial reports show.
Part of the increase was due to Roberts’ purchase of a home in Washington’s Maryland suburbs that is valued at $1.3 million. His former residence was valued at $435,000 on his 2003 report.
The 2005 report filed with the Senate Judiciary Committee listed his net worth at $5.3 million. The 2003 report listed a net worth of $3.8 million.
However, Roberts liabilities also increased. He has a $790,000 mortgage balance on his current home, while his mortgage was $270,000 on his former residence.
An 83-page document released Tuesday shows Roberts’ investment portfolio includes $291,200 in XM Satellite Radio, $264,000 in Dell computers and $106,553 in Texas Instruments.
He took a major pay cut in 2003 when he left the Washington law firm of Hogan & Hartson, where he was a partner earning in excess of $1 million a year, for a seat on the U.S. Court of Appeals for the District of Columbia Circuit and a salary of $171,800.
Other sources of income this year include $25,000 to teach a seminar on Supreme Court litigation at Georgetown University and $4,500 to teach a course on international trade at the University College London.