As one of Georgia’s US Senators, Jon Ossoff’s net worth is making more and more Americans curious about his financial standing. In the following article, we’ll explore all of Ossoff’s assets and investments, as well as any insider trading controversies.
Who is Jon Ossoff?
Born on February 16, 1987, in Atlanta, Georgia, Jon Ossoff is a member of the Democratic Party. He gained national attention in 2017 during his run for Georgia’s 6th congressional district, which became the most expensive House race in US history. Although he lost that race, Ossoff successfully won the 2020 Senate race, defeating veteran Republican David Perdue in a runoff election.
Jon Ossoff’s net worth
Jon Ossoff’s net worth was estimated to be between $2.3 and $8.8 million according to reporting from The New York Post. However, from what we were able to calculate based on Ossoff’s financial disclosure report for year 2023, his net worth is somewhere between $580,018 and $5,141,999.
Disclaimer: Estimating a lawmaker’s net worth is challenging because disclosure forms do not mandate exact values. Instead, lawmakers 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. Additionally, most Members of Congress earn $174,000 annually, but this isn’t required to be disclosed.
How did Jon Ossoff make his money?
Jon Ossoff’s wealth comes from multiple sources, including his salary as a US Senator, income from his production company, and investments.
- Senate salary: As a US Senator, Jon Ossoff earns an annual salary of $174,000;
- Production company: Ossoff owns Insight Film, an investigative media production company that produces documentaries for major networks. This business has been a significant source of his income;
- Investments: Ossoff’s financial disclosures reveal investments in various stocks and mutual funds, which have also contributed to his net worth.
Ossoff’s assets and investments
Jon Ossoff’s most notable assets according to his financial disclosure report for year 2023 include:
- The Thomas Jonathan Ossoff Qualified Blind Trust of 2021 valued from $1,000,001 to $5,000,000;
- Fidelity Government Money Market (SPAXX) mutual fund valued from $50,001 to $100,000;
- State of Israel foreign bonds ranging from $1,001 to $15,000.
Insider trading involvement
There are no public records suggesting Ossoff’s involvement in any insider trading scandals. In fact, he’s been proactive in advocating for transparency and accountability in Congress, introducing legislation to ban members of Congress and their families from buying and selling stocks while in office. Ossoff also fulfilled his pledge to put his own stock portfolio in a blind trust, making him one of only 10 sitting members of Congress to do so.
The bottom line
Jon Ossoff’s net worth ranging from $580,018 to $5,141,999 provides a solid financial foundation. However, the Georgia Senator remains far from the wealthiest US politicians, falling into the midrange tier compared to some of his Senate peers.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about Jon Ossoff’s net worth
Who is Jon Ossoff?
Jon Ossoff is a US Senator representing Georgia. He is a member of the Democratic Party and has served in the Senate since January 2021.
What is Jon Ossoff’s net worth?
As of the latest available information, Jon Ossoff’s net worth is estimated to be between $580,018 to $5,141,999. This range is based on his 2023 financial disclosure, which reports his assets and liabilities.
How did Jon Ossoff accumulate his wealth?
Jon Ossoff’s wealth comes from various sources, including his ownership stake in Insight TWI, a documentary film production company.
