A.G. GancarskiRep. Paul Renner, the Palm Coast Republican poised to be Speaker in 2022-24, more than doubled his net worth since entering the House in 2014.
Renner’s most recent disclosure, filed in June, revealed a net worth of over $707,000. The 2014 disclosure showed a net worth of just over $271,000.
Renner’s assets include roughly $160,000 in equity investments, with over $1.15 million of property holdings.
In addition to his $200,000 homestead in Palm Coast, Renner also has two rental properties in Jacksonville, where he practices law and lived prior to his House run in Palm Coast, and a quarter share in the law offices of Milam Howard, his firm.
These properties have appreciated in value in recent years, driving much of the net worth increase.
Renner’s debt includes mortgages and a HELOC totaling roughly $680,000, and two auto loans adding up to roughly $7,000.
In addition to the nearly $30,000 he makes as a legislator, Renner reported $150,000 in law income in 2018.
Renner is far from the most monied person in the House. But much like Gov. Ron DeSantis, another Florida Republican from humble roots, the future Speaker has been a fundraising powerhouse.
The Palm Coast Republican continues to marshal resources.
His Florida Foundation for Liberty political committee hauled in $8,500 in June, giving it roughly $200,000 on hand.
Renner’s other committee, Conservatives for Principled Leadership, has yet to report June filings, yet still has roughly $385,000 on hand.
Renner also has $33,500 in his campaign account (with June filings pending), giving him over $600,000 for the battles to come next year.
The incumbent looks poised for yet another election against Democrat Adam Morley, who has not been able to run competitively in the deep red district in two prior runs.
