After Donald Trump, former United States President and current candidate for the presidential position, announced Ohio Senator J.D. Vance as his vice president, the public became interested in the potential president’s right-hand man, as well as his net worth.
As Finbold reported earlier, Vance owns between $100,000 and $250,000 in the maiden cryptocurrency, Bitcoin (BTC), which he purchased through one of the largest crypto exchanges in the world, Coinbase, and reported to the US Senate Financial Disclosures.
Senator J.D. Vance’s assets
In addition to Bitcoin, the Ohio Senator owns around $4 million in stocks, which have surged about 19% in price year-to-date (YTD), as well as a brokerage account with Robinhood (NASDAQ: HOOD), and up to $100,000 in a crude oil exchange-traded fund (ETF) – ProShares K-1 Free Crude Oil Strategy (CBOE: OILK).
Furthermore, he owns up to $250,000 in a gold ETF and up to $250,000 in a checking account with brokerage Charles Schwab (NYSE: SCHW), and his other notable picks, including Invesco QQQ Trust (NASDAQ: QQQ), Rumble (NASDAQ: RUM), and SPDR Dow Jones Industrial Average ETF Trust (NYSE: DIA).
Finally, the former venture capitalist also possesses a stake in SPDR S&P 500 ETF Trust (NYSE: SPY), Fidelity Wise Origin Bitcoin Fund (BATS: FBTC), and BlackRock Institutional Trust Company ETF (NASDAQ: TLT), among various other assets, according to the information shared by the X profile Nancy Pelosi Stock Tracker.
How rich is Senator J.D. Vance?
All of the above assets (and many others) add up to J.D. Vance net worth estimated between $3.75 million and $10.495 million, with the addition of his annual salary of $174,000 as per the National Taxpayers Union Foundation (NTUF) information.
It is also worth noting that Vance is a co-founder of his venture capital firm, Narya Capital, earning an estimated salary of $327,000, as well as a published author of a memoir called ‘Hillbilly Elegy: A Memoir of a Family and Culture in Crisis,’ which became a Netflix film and is another source of income.
Meanwhile, it is also important to observe that the potential US Vice President has accumulated most of his portfolio before joining Congress and has not bought any stock since entering office, according to the most recent data shared by Quiver Quantitative, an alternative data platform tailored for retail investors.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
