If you were wondering about Matt Gaetz’s net worth, you’re in the right place. In the following piece, we’ll explore the former House Representatives finances going through his assets, liabilities, and investments, as well as all other relevant financial and personal information.
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Who is Matt Gaetz?
Matt Gaetz is a Republican politician who formerly represented Florida’s 1st Congressional District in the United States House of Representatives.
Gaetz grew up in a political family; his father, Don Gaetz, served as the President of the Florida Senate. He graduated from Florida State University and later earned his law degree from the College of William and Mary. Before entering Congress, he served in the Florida House of Representatives, where he built a reputation as a staunch conservative.
What is Matt Gaetz’s net worth?
Open Secrets estimated Matt Gaetz’s net worth at $312,006 in 2018. However, based on his 2022 financial disclosure report, we estimated his wealth to be between $531,016 and $1,420,000, which is considerably higher than what was previously reported.
Disclaimer: Estimating a Congress Representative’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. Additionally, Matt Gaetz earns $174,000 annually, but this isn’t required to be disclosed.
Matt Gaetz’s income sources
Here’s a brief overview of Matt Gaetz’s income sources:
- Political career: As a member of Congress, Gaetz earns an annual salary of $174,000. Before this, his tenure in the Florida House of Representatives also provided a steady income;
- Legal career: Gaetz worked as an attorney before fully committing to politics, which contributed to his early financial foundation;
- Book deals and media appearances: His book deals and frequent media appearances also contribute to his overall income.
Matt Gaetz’s assets and liabilities
According to Matt Gaetz’s 2022 financial disclosure report, his assets total between $561,016 and $1,440,000, and his liabilities range from $20,000 to $30,000. That said, Gaetz’s most valuable assets include:
- Vanguard Roth IRA, valued between $250,001 and $500,000;
- Congressional Federal Retirement Plan retirement account between $100,001 and $250,000;
- Stock options in Apeel Technology, Inc., DBA Apeel Sciences, valued between $100,001 and $250,000;
- Vacant lot in Okaloosa County, FL, valued between $15,001 and $50,000;
- Apeel Retirement Plan, valued between $15,001 and $50,000.
Matt Gaetz’s investments
According to Forbes, Matt Gaetz has investments in stocks and bonds, including:
- Uber Technologies (NYSE: UBER);
- RTX Corporation (NYSE: RTX);
- The Coca-Cola Company (NYSE: KO);
- Eli Lilly and Company (NYSE: LLY).
Personal life and controversies
Matt Gaetz is known for his staunch support of Donald Trump and his active role in the conservative movement. He faced several controversies during his career, including a high-profile federal investigation into alleged sexual misconduct which was later dropped, and accusations of violating campaign finance laws.
Despite these controversies, Gaetz remains a vocal and influential figure in the Republican Party and American politics.
Personal life
The bottom line
As a prominent politician and a controversial public figure, Matt Gaetz’s net worth sparks quite the attention of political enthusiasts and regular people. Based on his latest financial disclosure report, we estimated his wealth to be anywhere between $531,016 and $1,420,000, making him slightly wealthier than average Americans his age.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
FAQs about Matt Gaetz’s net worth
What is Matt Gaetz’s net worth?
Based on his 2022 financial disclosure report, Matt Gaetz’s net worth is anywhere between $531,016 and $1,420,000.
Has Matt Gaetz written any books?
Yes, Matt Gaetz wrote a book titled “Firebrand: Dispatches from the Front Lines of the MAGA Revolution,” which provides insights into his political views and experiences.
How does Matt Gaetz's net worth compare to other members of Congress?
Matt Gaetz’s net worth is modest compared to many of his colleagues in Congress. Some members have net worths in several millions, while Gaetz’s estimated net worth is between $531,016 and $1,420,000.
Who is Matt Gaetz married to?
Matt Gaetz is married to Ginger Luckey, a Harvard Business School student and the sister of Palmer Luckey, the founder of Oculus VR.
