As the economic . How do you arrive at $885K in salary? Ocasio-Cortez said she made a payment that had reduced her student loan debt to $19,000. when your salary is a 175k a year and you dont have to spend much of anything to live off. This article explains how much of her income was tracked but provides nothing to explain the 1.5 million they claim she is worth. Congresswoman Alexandria Ortego-Cortez went from having a net worth of $16,502 according to her financial disclosures to a whopping $24 million in just four years. However, research shows that Ocasio-Cortez has debt in the form of student loans which lower her net worth. She's made more than $350,000 in salary since then and become one of the country's biggest political celebrities, so I wouldn't have been surprised if she was close to being a millionaire by now. Inside Alexandria Ocasio-Cortez's Unlikely Rise, 2018 financial disclosure for Rep. Alexandria Ocasio-Cortez, AOC makes student loan payment during congressional hearing on student loans, 2019 financial disclosure for Rep. Alexandria Ocasio-Cortez, Rep. Alexandria Ocasio-Cortez 2020 election campaign finance report, Rep. Alexandria Ocasio-Cortez 2018 election campaign finance report, Rep. Ocasio-Cortez Launches Political Group To Boost Progressive Candidates, Courage to Change political action committee campaign finance report, AOC raises nearly $5 million in Texas relief efforts. And how much are they getting taxed? While Forbes regularly releases the estimated net worth of high-profile individuals, there is no online record of it doing so for Ocasio-Cortez (shorturl.at/amsY4), (here). Further, she doesnt want to be seen as living high on the hog now that shes in Congress. Info. spent about $1.8 million of the $2.2 million she raised. g;Object.defineProperty(n,"__esModule",{value:!0});return n}({}) Some believe AOC will be president one day as well. So should yours! However, she should become a millionaire by 40. The more you can save and invest, the higher your net worth will grow as your money compounds over time. Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. AOC is not yet a millionaire since she is still relatively young. Representatives (2004 - 2011) First Name Last Name State Party AvgValue 2011 AvgValue 2010 AvgValue 2009 AvgValue 2008 AvgValue 2007 AvgValue 2006 AvgValue 2005 AvgValue 2004 Change 2004 to 2010 Change 2004-2007 Change 2007-2008 Change 2008-2010 Michael: McCaul: Texas: Republican: $500624461: $380,411,527 . )['"]/g);if(null!==b)return b.map(function(c){return c.replace(/["']/g,"")})};a.prototype.extractAPICall=function(b,c){b=b.match(new RegExp(c+"\\((.*? She was just bar tending (sic) the other day!. Your email address will not be published. Like our page to get updates throughout the day on our latest debunks, Rep. Ocasio-Cortez arrested during protest at the Supreme Court, Majority of lawmakers in 116th Congress are millionaires, Alexandria Ocasio-Cortez: To pay off student loans I had to do something that was nearly impossible, Ocasio-Cortez to be youngest woman ever elected to Congress, Fact check: Rep. Alexandria Ocasio-Cortez's net worth is not close to $1 million, Fact check: Rep. Ocasio-Cortez arrested during protest at the Supreme Court, Fact Check: AOC misspoke when blaming the unbuilt Keystone XL pipeline for a leak. Ocasio-Cortezs first financial disclosure report, filed May 15, 2019, covered Jan. 1, 2017, through Dec. 31, 2018. Like any true Democratic Socialist, she probably is skillful in getting others to pay for her luxuries. The 31-year old self-proclaimed Democratic Socialist and former bartender is New Yorks 14th Congressional District. Perhaps she spent her money on moving expenses and preparation for her new government position. Ive tracked my net worth with Personal Capital since 2012 and have seen my net worth more than quadruple since. Ocasio-Cortez grew up in the Bronx, New York, and is currently the youngest woman ever elected to Congress, after defeating the incumbent Congressman Joe Crowley. She defeated John Cummings in the 2020 election and was reelected to the U.S. Congress. Another site that shows all of her assets has her net worth at 100 thousand dollars. In September 2020, Ocasio-Cortez reported assets of between $2,003 and $31,000 in her most recent financial disclosure. In a post shared more than 14,000 times, a Facebook user claims that Ocasio-Cortez was broke when she was first elected to Congress in 2018 but now has anet worth of more than $1 million. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 0.20%. J.C. Rice. In comparison, the median household income in America for 2021, after all, is only about $68,700. USA Today, "Fact check: Rep. Alexandria Ocasio-Cortez's net worth is not close to $1 million," March 10, 2021, House of Representatives, Rep. Alexandria Ocasio-Cortez financial disclosure report, May 15, 2019, House of Representatives, Rep. Alexandria Ocasio-Cortez financial disclosure report, Sept. 12, 2020, Center for Responsive Politics, "Poorest new members, 116th Congress," accessed March 10, 2021, Email, Alex Baumgart, individual contributions researcher, Center for Responsive Politics, March 10, 2021. 18-hour cities are fast-growing cities with much lower valuations than 24-hour cities like NYC. The same disclosure also showed that she earned $26,581 while working at a coffee shop and taqueria in 2017. The CAknowledge article, entitled Alexandria Ocasio-Cortez Net Worth 2022 (Forbes) AOC Assets Salary Cars House, does not state its source of information, other than the reference to Forbes in the title. For liabilities, the report showed student loan debt of between $15,001 and $50,000. Forbes has . Now do Boebert at $41 million after only two years in office as a high school dropout. She had her own publishing business before she ran for Congress. She earns at least $174,000 per year for her Congressional salary and has a net worth of $200,000, according to Celebrity Net Worth. Top 10 Richest Women of the World in 2021. We rate the claim that Rep. Alexandria Ocasio-Cortez has racked up more than $1 million in net worth as a member of Congress FALSE, based on our research. Instead, you can invest in real estate across the country with lower valuations and higher net rental yields through crowdfunding. She is also part of an informal group of progressive members of the U.S Congress known as The Squad, which constitutes Ayanna Pressley, Cori Bush, Ilhan Omar, Jamaal Bowman, and Rashida Tlaib. As of March 2023, Alexandria Ocasio-Cortez's net worth is roughly $200 Thousand. After debt and investments from China's Export-Import Bank and Taiwan's First Commercial Bank. Despite what Ocasio-Cortez has said, she wasn't responsible for paying a mortgage. She shared the product that she used everyday during her time in the Bachelorette and explained in detail about the product. By the time AOC is 45, she will undoubtedly become a multi . document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Flagg Eagleton is the son of an American potato farmer and a patriot. The formula for net worth can be derived by using the following steps: Step 1: Firstly, determine the total assets of the subject company from its balance sheet. 727-821-9494. stated on March 8, 2021 in a Facebook post: Says Alexandria Ocasio-Cortez's net worth is over $1 million., stated on February 4, 2023 in an Instagram post. Net Worth . How does a former bartender turned mouthpiece for the left make so much money? Ocasio-Cortez has a gross net worth of $1.5 million, plus investment, endorsements, salary, and savings. In her most recent financial disclosure, filed in September 2020, Ocasio-Cortez reported between $2,003 and $31,000 in assets, compared with student loan debt of between $15,000 and $50,000. Real estate is one of the best ways for the average American to build wealth over time. But the claim is false. Her financial disclosures at the time showed that wasn't the case. Estimated Net Worth of U.S. AOC also is a fan of democratizing access to investments that were once only available to the very wealthy. Heres a realistic path to AOCs net worth if she remains in Congress, continues to live modestly in her $2,700/month apartment, spends no more than $4,200/month, saves 50% of her gross income a year, and sees her investments grow by 2% 8% a year on average. You make a bunch of cash and leftists point at you and sneer. LOVE that ROI ( ummm return on investment). Alexandria Ocasio-Cortez is an American Democratic Socialist who made headlines in 2018 when, at the age of 28, she beat out a 10-term New York Democrat incumbent in a congressional primary. Wind farm construction is a possible cause of dead whales washing ashore in New Jersey. In 2021, a social media post falsely claimed her net worth was more than $1 million. ", U.S. Rep. Ilhan Omar is "facing 40 years in prison and deportation after seven new crimes uncovered. As of 2023, AOC net worth is estimated to be around $350 thousand. As stated in a 2018 report by the Congressional Research Service, members of Congress earn $174,000 per year. Dont be like the typical American who wings it with their finances. c){for(var d=[],e=2;e
? AOC positions herself as a working-class person for the people of New York. His salary range may be about $30,000 to $100,000 a month, which means that he could well be a millionaire with all the tech work and businesses he does. Ocasio-Cortezsstory of bartender-turned-congresswoman after upending an incumbent Democrat in a safely blue New York district is well documented. Pappas didnt actively campaign for the seat, and AOC was widely endorsed by various progressive organizations and political figures, including the former U.S president, Barack Obama, and distinguished Senator Bernie Sanders. AOC or Alexandria Ocasio Cortez's net worth is estimated to be between 50k to $200k as of 2022. Ocasio-Cortezs most recent financial disclosure, filed in 2021, shows she had between $3,003 and $45,000 in assets, including her 401k pension plan, and owed at least $15,000 in student debts. Her victory received a lot of attention from the media. I just made a payment and its now down to $19,000.. Federal Election Commission, accessed March 9. She's a complete fraud." AOC has a fifth book entitled "Tax the Rich" due out this winter. Her most recent financial disclosure, filed in 2021, shows her assets included between $1,001 and $15,000 in a checking account, between $1,001 and $15,000 in a brokerage account, and between $1,001 and $15,000 invested in a 401K plan (here). Please take the Alexandria Ocasio-Cortez to Take Minimum Wage Fight Directly to Joe Biden, AOC Tells Joe Biden: Cancel More Student Loans to Have 'Any Chance' in 2022. subscribe to our print edition, ad-free app or electronic newspaper replica here. I dont think you understand what corrupt means. This victory allowed the Democrats to become the majority party in the House of Representatives. One of the biggest question marks is what is Alexandria Ocasia-Cortezs net worth? bwhahahaha. After then, she launched Brook Avenue Press, a publishing firm that projected the city of Bronx in a positive light. this yrs financials show she is now worth over 1 million net worth. A differentAug. 4 Facebook post mentionsOcasio-Cortezs student loan debt, which is a topic she has spoken about many times. Riley Roberts avoids social media, so here is AOC's Twitter feed - look out for Roberts in her . On 2 April 2019, U.S. President Donald Trump referred to U.S. Rep. Alexandria Ocasio . Well anyone can say/write it but where is the proof. She shared the details of a recent visit to the spa with Instagram followers, and, per usual, the post is completely natural and unedited. Shes basically a Wall (d=a.next()).done;)e.push(d.value)}catch(l){var f={error:l}}finally{try{d&&!d.done&&(c=a["return"])&&c.call(a)}finally{if(f)throw f.error;}}return e}function k(a,b,c){if(c||2===arguments.length)for(var d=0,e=b.length,f;d