Bernie Moreno’s net worth revealed: How rich is the newly elected US Senator from Ohio

Elected the new US Senator from Ohio, Bernie Moreno’s net worth is making all sorts of headlines due to its impressive amount. As such, in this piece, we’ll explore his latest financial disclosure to uncover just how wealthy Moreno is and what are some of his most prized assets. We’ll also dip into his controversies and personal life.

Who is Bernie Moreno?

Originally from Colombia, Moreno is a successful businessman who made his fortune in the car dealership industry before transitioning into blockchain technology with his company, Ownum LLC.

Moreno ran a campaign closely aligned with the President-elect Donald Trump, focusing on issues like immigration and the economy. His victory against Brown is quite major he’s the first person of color to represent Ohio in the US Senate.

Bernie Moreno’s net worth

According to a 2024 candidate report financial disclosure, Bernie Moreno’s net worth is in the range of $44,151,065 and $250,028,996.

Disclaimer: Estimating a US Senator’s net worth is challenging because disclosure forms do not mandate exact values. Instead, they report the value of their assets and liabilities within specified ranges. While we strive to accurately estimate net worth from filings, disclosure rules have shortcomings. Personal residences, certain personal property, and federal retirement accounts are often not reported. Large assets can be listed in broad categories like “Over $1 million” or “Over $50 million,” potentially worth much more.

Bernie Moreno’s assets

Bernie Moreno’s assets are valued between $55,651,065 and $252,779,000, with liabilities ranging from $2,750,004 to $11,500,000. Out of all his assets, the most valuable ones include:

• Unimproved land in Sunbury, Ohio, valued between $5,000,001 and $25 million;

• Home in Ocean Reef, FL, valued between $5,000,001 and $25 million;

• A condo in Coconut Grove, FL, valued between $5,000,001 and $25 million;

• M Motors Group, Inc corporate securities non-public stock, valued between $5,000,001 and $25 million;

• Another unimproved land in Sunbury, Ohio, also valued between $5,000,001 and $25 million.

Controversies

Throughout his political career, Bernie Moreno has faced various controversies. For example, there were concerns within the GOP about a profile on an adult website linked to Moreno’s email. A former intern allegedly created the profile as a prank.

Furthermore, Moreno made false claims about Issue 1, a ballot measure on abortion rights, suggesting it would allow rapists to force women to have abortions. Of course, these claims were debunked by legal experts.

“As a dad of two girls, it’s about having that girl be able to be raped and having a rapist force her to have an abortion — all without your consent — as a minor,” — Moreno

Bernie Moreno’s car dealership business faced multiple lawsuits too, alleging gender, age, and race discrimination, with lawsuits settled out of court.

Personal life

Bernie Moreno is married to Bridget Moreno, and they have four adult children. He was born in Bogotá, Colombia, and moved to the United States with his family when he was five. His father, Bernardo Moreno Mejía, was a physician, and his mother was a real estate agent. The family settled in Fort Lauderdale, Florida, where Moreno grew up.

The bottom line

Alongside his fellow newly elected Republican Senator from Montana, Tim Sheehy, Bernie Moreno’s net worth is over $250 million. This sum makes him one of the wealthier US Senators, although still far from the very top.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.