Kristi Noem, the governor of South Dakota, has gained national attention for her strong conservative stance and leadership style. As a politician, businesswoman, and former U.S. representative, many people are curious about her financial standing. In this article, we explore Kristi Noem’s net worth, her sources of income, investments, and financial growth over the years.
Who is Kristi Noem?
Kristi Noem was born on November 30, 1971, in Watertown, South Dakota. She grew up on a farm and ranch, which later influenced her political and business endeavors. Noem attended Northern State University before taking over her family’s business after her father’s passing. Her career in politics began in 2006 when she was elected to the South Dakota House of Representatives. She later served in the U.S. House of Representatives before becoming the governor of South Dakota in 2019.
Kristi Noem’s Net Worth: An Overview
As of 2025, Kristi Noem’s net worth is estimated to be between $2 million and $5 million. Her wealth comes from a combination of political earnings, business ventures, real estate investments, and book deals. Over the years, she has managed to grow her assets while maintaining a prominent position in politics.

Breakdown of Kristi Noem’s Wealth
Kristi Noem’s financial portfolio consists of various income streams, including:
- Salary as Governor of South Dakota
- Income from Business Ventures
- Book Deals and Speaking Engagements
- Real Estate Investments
- Agricultural and Ranching Business
Let’s take a deeper look at each of these sources.
Kristi Noem’s Salary as Governor
As the governor of South Dakota, Kristi Noem earns an annual salary of approximately $125,000. While this salary contributes to her overall net worth, it is not her primary source of income. Before becoming governor, Noem also earned a salary as a U.S. Representative, which was around $174,000 per year.
Business Ventures and Investments
Kristi Noem has strong ties to agriculture, having grown up on a farm. She owns and operates multiple businesses related to farming and ranching.
Family Business and Agricultural Income
After her father’s tragic death in a farming accident, Kristi Noem took over the family ranch and farm. Over the years, she expanded the business, receiving government subsidies for agricultural operations. Reports indicate that Noem’s family farm received over $500,000 in federal farm subsidies between 1995 and 2009.
Real Estate Investments
Real estate also plays a role in Kristi Noem’s net worth. She has purchased multiple properties in South Dakota, including land and commercial properties. Real estate investments provide long-term financial stability and potential for appreciation.
Book Deals and Speaking Engagements
In 2022, she released her book “Not My First Rodeo: Lessons from the Heartland.” The book became popular among conservatives, adding to her income through book sales and royalties. Additionally, Noem earns money from public speaking engagements at political events, conferences, and conservative forums. Speaking fees for well-known political figures can range from $10,000 to $50,000 per event, further increasing her wealth.
Kristi Noem’s Lifestyle and Assets
With a net worth of several million dollars, she enjoys a comfortable lifestyle. Some of her assets and expenditures include:
- Homes and Ranch Properties: Noem owns a large ranch in South Dakota, along with other real estate holdings.
- Vehicles: She has been seen driving high-end trucks and SUVs, fitting her ranching background.
- Luxury Travel: As a public figure, Noem frequently travels for business and political events. While some of these expenses are covered by her position, she also enjoys personal vacations and private trips.
Controversies Surrounding Kristi Noem’s Finances
Her financial dealings have not been without controversy. Critics have questioned her use of state resources for travel, as well as potential conflicts of interest related to her family business receiving federal subsidies. Despite these concerns, Noem has defended her financial decisions, stating that her business ventures were legally managed and transparent.
How Kristi Noem’s Net Worth Compares to Other Politicians
Compared to other state governors, Kristi Noem’s net worth is relatively moderate. Some governors, especially those with strong business backgrounds, have net worths exceeding $10 million. However, Noem’s financial standing is still higher than the average American household, making her one of the more financially successful politicians in the country.
Table: Comparison of Kristi Noem’s Net Worth with Other Governors
Governor | Estimated Net Worth | State Represented |
---|---|---|
Kristi Noem | $2M – $5M | South Dakota |
Ron DeSantis | $1M – $3M | Florida |
Gavin Newsom | $20M – $30M | California |
Greg Abbott | $15M – $20M | Texas |
Gretchen Whitmer | $2M – $5M | Michigan |

Future Financial Prospects for Kristi Noem
Kristi Noem’s financial future looks promising. As she continues her political career, she may secure more book deals, speaking opportunities, and possibly higher government positions. Some political analysts speculate that Noem could run for higher office, such as a U.S. Senate seat or even the presidency. If she enters national politics at a higher level, her income and net worth could increase significantly.
Conclusion
Kristi Noem’s net worth is a result of years of political service, business ventures, and strategic investments. While her salary as governor provides a stable income, her true wealth comes from her family business, real estate, book deals, and speaking engagements. Despite some controversies, Noem has managed to build a respectable financial portfolio.
As her political career continues to evolve, it will be interesting to see how her net worth changes in the coming years. Whether through political promotions or expanding her business ventures, she remains a prominent figure in both politics and financial success.