She has a younger brother named Gabriel, who grew up with her in New York. Her annual salary as a Congresswoman is reportedly $174,000. J.C. Rice. Her most recent financial disclosure showsher with assets between $3,003 and $45,000, including a 401(k) plan, and student loan debt between $15,001 and $50,000. So, there you go. U.S. House of Representatives Press Gallery, accessed Aug. 11, 2022. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. This article was produced by the Reuters Fact Check team. Commentdocument.getElementById("comment").setAttribute( "id", "a5acfda2b156d43e628d11cc170cc14f" );document.getElementById("d0aea98a87").setAttribute( "id", "comment" ); Save my name, email, and website in this browser for the next time I comment. However, in 2011, she was able to graduate with a Bachelor of Arts (B.A) degree in international relations and economics. How in the hell is AOC worth $29 million, reads anAug. 4 Facebook post shared more than 400 times. This post will reveal more about AOC, including her career, biography, and gross net worth. ", Earthquake in Turkey and Syria is "a systemic attack against Kurdish people.". Riley Roberts avoids social media, so here is AOC's Twitter feed - look out for Roberts in her . Congress determines its own rate of pay, subject to restraints in the Constitution. AOC Salary. This was the inspiration for the CNBC follow-up last week, which reported that, according to her communications director, Ocasio-Cortez now has less than $7,000 in savings. Use a free financial tool like Personal Capital to track your cash flow. Assuming a 20% effective tax rate on her $174,000 Congress salary, she is left with roughly $139,200 in after-tax income a year or $11,600 in after-tax income a month. More Politicians: Mark Warner Net Worth; John Edwards Net Worth; Ral Castro Net Worth; Muammar Gaddafi Net Worth; Maxine Waters Net Worth; Darrell Issa Net Worth . The greatest During the 2020 election cycle, Ocasio-Cortezs reelection campaign spent $17.3 million after raking in $21.2 million. She was greatly influenced by the activists working in these places and harnessed the idea of being an activist. AOC Is Worth $200,000. However, the 53-year-old Democrat faced a special election on Sept. 14 to determine whether he would be recalled, with 63.6% voting not to go through with a recall. Estimated Net Worth of U.S. And Fundrise has democratized access to multifamily properties and commercial real estate investment opportunities across the country. The youngest member of congress Ocasio-Cortez has a fair bit to teach her peers about social media. In April 2017, AOC began her political campaign while working at a taqueria in Union Square, New York City. Most of these cite as their source an article (here) on CAknowledge.com, a website that previously made unsubstantiated claims - debunked by Reuters - about the income of Jen Psaki (here). She earned over $6,000 from her campaign as a salary. Alexandria Ocasio-Cortez wears a suit by ALITTE. Ocasio-Roman put up 25 percent of the purchase price in cash ($38,250) and financed the balance with a $114,750 adjustable mortgage that carried an initial rate of 6.25 percent. Because she was underfinanced compared to Joe Crowley, she turned to grassroots politics, where she established a solid mobilization campaign. Fact check:Rep. Ocasio-Cortez arrested during protest at the Supreme Court. Steal our stuff and we'll sue. 5 Min Read. Ocasio-Cortez was the subject of similar claims last year, when it was baselessly claimed she had become a millionaire (here). She attended Yorktown High School, where she was known for her intelligence and academic exploits. The real median household income for Hispanics is $56,113. lived paycheck to paycheck, according to Time. St. Petersburg, FL Well anyone can say/write it but where is the proof. Alexandria Ocasio-Cortez graduated cum laude from Boston University's College of Arts and Sciences in 2011. One of the current U.S. For example, in addition to her $174,000 salary, Senator Elizabeth Warren got an advance of $525,000 to write A Fighting Chance. The book chronicles Warrens rise from a struggling childhood to the Senate and her fight for middle class Americans. AOC positions herself as a working-class person for the people of New York. 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. Assuming Ocasio-Cortez pays the median $2,700 for an apartment in Washington D.C, spends another $1,000 for food and drinks, and another $500 for entertainment and transportation expenses, Ocasio-Cortez will have a monthly burn of roughly $4,200 after-tax. . She represents New York's 14th Congressional district. As of 2022 AOC has a net worth that is undisclosed. What personal expenses do you believe are covered by the taxpayers>? Sie knnen Ihre Einstellungen jederzeit ndern, indem Sie auf unseren Websites und Apps auf den Link Datenschutz-Dashboard klicken. Fact check: Viral posts make false claims about Friday the 13th, the next full moon. If you can get enough $$ supporting you, you too can get any one of these jobs. Your California Privacy Rights/Privacy Policy, Jocelyn Swift, Aug. 11, 2022, Email exchange with USA TODAY. Considering her political affiliations and positions, Ocasio-Cortez is a member of the Democratic Socialists of America. All quotes delayed a minimum of 15 minutes. The younger generation like Ocasia-Cortez have leveraged technology to their advantage, so should all of us. AOCs birthday is October 13, 1989. Name. If you havent, please do. Ocasio-Cortez became the youngest woman in American history to serve in the U.S Congress. During a September 2019 hearing on student loan debt, Ocasio-Cortez said she made a payment that had reduced her student loan debt to $19,000. Cortez was appointed by Governor Andrew Cuomo to the New York State Court of Claims in New Yorks 19th judicial district in February 2017. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Given AOC doesnt own property, and does not look like she owns any stock either, AOCs current net worth is likely close to $100,000 as of January 4, 2022. At a recent town hall in her congressional district, New York congresswoman Alexandria Ocasio-Cortez was once again falsely accused of being a secret multimillionaire - a bogus, repeatedly debunked claim that has circulated across dubious websites and social media platforms since she entered office. Reuters has previously debunked this claim. Ocasio-Cortez won her primary race against four candidates, defeating incumbent Joseph Crowley, one of the Queens Democrats who runs the Queens County Democratic Party. February 13, 2019. So, how much is Riley Roberts worth? She's a complete fraud." AOC has a fifth book entitled "Tax the Rich" due out this winter. gtag('js', new Date()); Because she made so much, her effective tax rate was lower than the aides in her office, which seems wrong. 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. 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 . In 2021, a social media post falsely claimed her net worth was more than $1 million. These figures cannot be verified, however. Thank you for supporting our journalism. AOC has a net worth of around $10 million. AOC is a member of the Democratic Socialist Party and believes in socialism and the equitable distribution of wealth (according to things shes been quoted as saying). Another great platform is CrowdStreet, which focuses on real estate opportunities in 18-hour cities. And with 3.62m followers on Twitter, its no surprise some of the older members want to hear what she has to say. 1. Now do Boebert at $41 million after only two years in office as a high school dropout. 55 Inspirational Norman Vincent Peale Quotes. The Republican think tank Citizens United National Trust Society disclosed that she also made nearly $500K from petty cash and other taxpayer-related funds. She also received a 3000-dollar annual living expense credit, retirement, and health/insurance benefits. Real estate is one of the best ways for the average American to build wealth over time. That salary puts AOC in the top 5% of individual earners in the US. Really have a bundle. She has an apartment in Washington DC and owns a condo in New York. But when he returned to the national spotlight last month with his latest documentary, "An Inconvenient Sequel," he did so in gilded armor. Susan Collins and Joe Manchin said they were misled by Justices Brett Kavanaugh and Neil Gorsuch on Roe v. Wade. 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 Your California Privacy Rights/Privacy Policy. About the Author:Sam started Financial Samurai in 2009 as a way to make sense of the financial crisis. The image states: "2 years ago AOC was broke when elected. Seems like inflation is a bit high, gas prices up bay leaf under pillow . After the victory in the primaries, she went on to face the Republican nominee, Anthony Pappas, in the November general election. Sign up to get that here. They only have citizenship/age/residency requirements. Multipleposts spreading on Facebook claim Rep. Alexandria Ocasio-Cortez, D-N.Y., has a net worth of $29 million. Viral posts make false claims about Friday the 13th, the next full moon. Hopefully, AOC isnt spending her own money on $30,000 Met Gala tickets though. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Flagg Eagleton is the son of an American potato farmer and a patriot. Alexandria has all the tools of a successful entrepreneur. 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. Specifically, between $1,001 and $15,000 in each of three accounts a checking account, a brokerage account and a 401(k) plan. Did you ever take a look at the minimum requirements it takes to be elected to a national political level? Her student loan debt through the U.S. Department of Education at the time was listed as between $15,001 and $50,000. After spending 4 years in the Navy and 7 on welfare picking himself up by the bootstraps, Flagg finally got his HVAC certificate and is hard at work keeping the mobile homes of Tallahassee at a comfy 83 degrees. No products in the cart. As an activist, she is a supporter of different reforms and policies such as the tuition-free public college and trade school, single-payer Medicare for All, guaranteed family leave, canceling outstanding student debt, privatized prisons, Immigration and Customs Enforcement, a Green New Deal, and more strict gun control policies. Forbes has . subscribe to our print edition, ad-free app or electronic newspaper replica here. aoc net worth before and afterandre dickens daughter. This article explains how much of her income was tracked but provides nothing to explain the 1.5 million they claim she is worth. Ocasio-Cortezs assets total no more than $31,000, according to her latest financial disclosure report.