Alaska Senate Race Highlights Stark Wealth Gap Between Sullivan and Peltola
Republican Senator Dan Sullivan and Democrat Mary Peltola are trading attacks over personal wealth as Alaska voters worry about rising living costs.
Financial disclosures released for the 2025 race reveal a pronounced disparity between incumbent Senator Dan Sullivan and challenger Mary Peltola. Sullivan’s filing lists extensive holdings, including a $1-$5 million stake in his family’s RPM International, a rental property worth up to $500 thousand and several ETFs, leading analysts to estimate his net worth at roughly $8.4 million. Peltola’s report shows retirement accounts of $15-$50 thousand, a 529 plan of similar size, a mortgage between $250-$500 thousand and $10-$15 thousand in credit-card debt, with her campaign estimating her total wealth between $62,006 and $230,000.
The wealth gap has become a campaign flashpoint, with Sullivan’s camp criticizing Peltola’s first-class travel and Peltola’s team highlighting Sullivan’s stock-trading gains. Amid rising cost-of-living worries, an AARP poll found affordability to be a leading issue for Alaskans, and recent polling gives Peltola a slight edge in the contest.
Why it matters
The race shows how personal wealth and cost-of-living concerns are shaping voter decisions in a pivotal Senate contest.
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