AUSTIN, Texas—Texas Attorney General Ken Paxton went from being a middle-class lawyer to a multimillionaire during his two decades on a public official’s salary, according to thousands of pages of previously unreported documents that shed new light on the personal finances of one of the Republican Party’s most-watched midterm candidates.

Paxton, who entered state government in 2003 with a modest income and few assets, by 2018 told a lender he had amassed a net worth of about $5.5 million, not including millions in assets he and his wife had previously moved into a blind trust. 

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