M. Michael Rounds
Senator
2025 disclosure
M. Michael Rounds disclosed a net worth range between $3.5M and $12.6M in their 2025 annual filing.
Compare this disclosure with the U.S. Senate net worth rankings .
Net worth
Estimated from the ranges in the member's annual financial disclosures: the band runs from the sum of disclosed asset minimums less liability maximums up to the sum of asset maximums less liability minimums. Only electronically filed reports are read — a missing year means no electronic filing, not zero net worth.
Latest net worth (band)
$3.5M – $12.6M
Rank by disclosed net worth
Reporting year
2025
Disclosed assets
67
Disclosed liabilities
1
Net worth band by reporting year
2021
2022
2023
2024
2025
| Year | Filed | Net worth band |
|---|---|---|
| 2025 | 2026-05-07 | $3.5M – $12.6M |
| 2024 | 2025-05-13 | $3.5M – $12.7M |
| 2023 | 2024-05-14 | $3.2M – $12.2M |
| 2022 | 2024-05-22 | -$1.1M – $10.9M |
| 2021 | 2024-05-22 | -$612.9K – $12M |
Disclosed assets
The assets M. Michael Rounds itemised in their 2025 annual report, largest bracket first. Descriptions are the filer's own wording, and each value is the bracket they checked on the form — never a reported amount.
Disclosed lines
67
Total disclosed (band)
$4.5M – $13.1M
| Description | Type | Income | Value |
|---|---|---|---|
| Roundtable Farm | Farm/Ranch | — | $1M - $5M |
| BND - Vanguard Total Bond Market ETF | Mutual Funds - Exchange Traded Fund/Note |
$5K - $15K
Excepted Investment Fund
|
$250K - $500K |
| BSV - Vanguard Short-Term Bond ETF | Mutual Funds - Exchange Traded Fund/Note |
$5K - $15K
Excepted Investment Fund
|
$250K - $500K |
| Bankwest | Bank Deposit | — | $250K - $500K |
| FRA Farm | Farm/Ranch | — | $250K - $500K |
| VTIP - Vanguard Short-Term Inflation-Protected Securities | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$250K - $500K |
| BND - Vanguard Total Bond Market ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$100K - $250K |
| BNDX - Vanguard Total International Bond ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$100K - $250K |
| BSV - Vanguard Short-Term Bond ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$100K - $250K |
| BankWest | Bank Deposit | — | $100K - $250K |
| IAU - iShares Gold Trust Shares of the iShares Gold Trus | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$100K - $250K |
| Oahe Federal Credit Union | Bank Deposit |
$1K - $2.5K
Interest
|
$100K - $250K |
| SPHY - SPDR Portfolio High Yield Bond ETF | Mutual Funds - Exchange Traded Fund/Note |
$5K - $15K
Excepted Investment Fund
|
$100K - $250K |
| VFH - Vanguard Financials ETF | Mutual Funds - Exchange Traded Fund/Note |
$1K - $2.5K
Excepted Investment Fund
|
$100K - $250K |
| VGT - Vanguard Information Tech ETF | Mutual Funds - Exchange Traded Fund/Note |
$201 - $1K
Excepted Investment Fund
|
$100K - $250K |
| VMBS - Vanguard Mortgage-Backed Securities ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$100K - $250K |
| VTIP - Vanguard Short-Term Inflation-Protected Securities | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$100K - $250K |
| BNDX - Vanguard Total International Bond ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$50K - $100K |
| Hotel 1 | Real Estate - Commercial |
$2.5K - $5K
Dividends, Interest
|
$50K - $100K |
| Hotel 3 | Real Estate - Commercial |
$2.5K - $5K
Dividends, Interest
|
$50K - $100K |
| Hotel 3 | Real Estate - Commercial |
$2.5K - $5K
Dividends, Interest
|
$50K - $100K |
| Hotel 4 | Real Estate - Commercial |
$2.5K - $5K
Dividends, Interest
|
$50K - $100K |
| Hotel 4 | Real Estate - Commercial |
$2.5K - $5K
Dividends, Interest
|
$50K - $100K |
| Hotel 5 | Real Estate - Commercial |
$1K - $2.5K
Dividends, Interest
|
$50K - $100K |
| VB - Vanguard Small-Cap ETF | Mutual Funds - Exchange Traded Fund/Note |
$201 - $1K
Excepted Investment Fund
|
$50K - $100K |
| VCR - Vanguard Consumer Discretion ETF | Mutual Funds - Exchange Traded Fund/Note |
$201 - $1K
Excepted Investment Fund
|
$50K - $100K |
| VEA - Vanguard FTSE Developed Markets ETF | Mutual Funds - Exchange Traded Fund/Note |
$2.5K - $5K
Excepted Investment Fund
|
$50K - $100K |
| VHT - Vanguard Health Care ETF | Mutual Funds - Exchange Traded Fund/Note |
$1K - $2.5K
Excepted Investment Fund
|
$50K - $100K |
| VMBS - Vanguard Mortgage-Backed Securities ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$50K - $100K |
| VNQ - Vanguard Real Estate ETF | Mutual Funds - Exchange Traded Fund/Note |
$2.5K - $5K
Excepted Investment Fund
|
$50K - $100K |
| VO - Vanguard Mid-Cap ETF | Mutual Funds - Exchange Traded Fund/Note |
$1K - $2.5K
Excepted Investment Fund
|
$50K - $100K |
| Hotel 1 | Real Estate - Commercial |
$1K - $2.5K
Dividends, Interest
|
$15K - $50K |
| Hotel 2 | Real Estate - Commercial |
$1K - $2.5K
Dividends, Interest
|
$15K - $50K |
| Hotel 2 | Real Estate - Commercial |
$1K - $2.5K
Dividends, Interest
|
$15K - $50K |
| Hotel 5 | Real Estate - Commercial |
$201 - $1K
Dividends, Interest
|
$15K - $50K |
| Hotel 6 | Real Estate - Commercial |
$1K - $2.5K
Dividends, Interest
|
$15K - $50K |
| IAU - iShares Gold Trust Shares of the iShares Gold Trus | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| Pershing LLC | Bank Deposit |
Excepted Investment Fund
|
$15K - $50K |
| Pershing LLC | Bank Deposit |
Interest
|
$15K - $50K |
| SPHY - SPDR Portfolio High Yield Bond ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| VB - Vanguard Small-Cap ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| VCR - Vanguard Consumer Discretion ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| VDC - Vanguard Consumer Staples ETF | Mutual Funds - Exchange Traded Fund/Note |
$201 - $1K
Excepted Investment Fund
|
$15K - $50K |
| VDC - Vanguard Consumer Staples ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| VDE - Vanguard Energy ETF | Mutual Funds - Exchange Traded Fund/Note |
$201 - $1K
Excepted Investment Fund
|
$15K - $50K |
| VEA - Vanguard FTSE Developed Markets ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| VFH - Financial ETF Vanguard | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| VGT - Information Technology ETF Vanguard | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| VHT - Vanguard Health Care ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| VIS - Vanguard Industrials ETF | Mutual Funds - Exchange Traded Fund/Note |
$201 - $1K
Excepted Investment Fund
|
$15K - $50K |
| VIS - Vanguard Industrials ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| VNQ - Vanguard Real Estate ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| VNQI - Vanguard Global ex-U.S. Real Estate ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| VNQI - Vanguard Global ex-U.S. Real Estate ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| VO - Vanguard Mid-Cap ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| VWO - Vanguard FTSE Emerging Markets ETF | Mutual Funds - Exchange Traded Fund/Note |
$1K - $2.5K
Excepted Investment Fund
|
$15K - $50K |
| VWO - Vanguard FTSE Emerging Markets ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$15K - $50K |
| Aeronics, Inc. | Business Entity - Limited Liability Company (LLC) |
$5K - $15K
Dividends, Interest
|
$1K - $15K |
| First National Bank | Bank Deposit | — | $1K - $15K |
| Novita Nutrition, LLC | Business Entity - Limited Liability Company (LLC) |
$5K - $15K
Dividends, Interest
|
$1K - $15K |
| VAW - Vanguard Materials ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$1K - $15K |
| VAW - Vanguard Materials ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$1K - $15K |
| VDE - Vanguard Energy ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$1K - $15K |
| VOX - Vanguard Communication Services ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$1K - $15K |
| VOX - Vanguard Communication Services ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$1K - $15K |
| VPU - Vanguard Utilities ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$1K - $15K |
| VPU - Vanguard Utilities ETF | Mutual Funds - Exchange Traded Fund/Note |
Excepted Investment Fund
|
$1K - $15K |
Disclosed liabilities
The liabilities itemised in the 2025 annual report, largest bracket first. These are the amounts subtracted when the net worth band above is rolled up.
Disclosed lines
1
Total disclosed (band)
$500K – $1M
| Description | Amount owed |
|---|---|
| Other (Residence and Farm consolidated loan) (Farm Credit Services) | $500K - $1M |
Recent stock trades
No stock trade has been disclosed for this member, so there is no reconstructed portfolio and no performance estimate. Periodic transaction reports cover securities trades only — the assets above are the member's full disclosed holdings.