Fox News subsequently pointed out that, according to public records, she had at least $15,000 in her savings, apparently making the case that the amount should be sufficient to foot the bill for a DC apartment, where the median rent is $2,700 per month. ... whose net worth was listed at -$17.5 million because of debts and loans from his family’s dairy farm.
Ocasio-Cortez said during an interview on MSNBC’s Morning Joe after her primary win. Be yourself. We are continuing on our mission to inspire and motivate people around the world. About the Author: Sam worked in investing banking for 13 years at GS and CS. Although Alexandria Ocasio-Cortez's net worth is much lower than the median net worth of a member of the Congress, it has more to do with how young she is than anything else, Ten years later, when she hits the age of 40, AOC is slated to become a millionaire, despite the well-known fact that she detests the crème de la crème of the society.
According to an April 2018 disclosure filed by the congresswoman, AOC had between $1,000 and $15,000 in savings, between $15,000 and $50,000 in her checking account, and up to $50,000 racked up in student loan debt. "In my first 11 months I've cosponsored 339 pieces of legislation, authored 15, took on Big Pharma w/ my colleagues in hearings that brought PreP generic a year early & exposed abuse of power.
An informed public is critical right now. I want us to be the party that said it would go to the moon, and did. “It’s fear that they’ve allowed their riches, their privileges, + their bias to put them at a point where they can’t.”. Joe Biden, if he wins, doesn’t have many options to force out Trump. Career highlights: Youngest woman ever elected to Congress, co-authoring the Green New Deal proposal. Mutual funds allow beginner investors a way to break into stock market investments. Hopefully Ocasio-Cortez doesn’t let her newfound power, income, and fame disrupt her frugal ways. In other words, Ocasio-Cortez can continuously save roughly $7,400 a month in after-tax income as long as she keeps her spending at $4,200 a month and stays on as a Congresswomen. Did this article teach you something new? As of 2020, Alexandria Ocasio-Cortez’s net worth is roughly $100 Thousand dollars. 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. And that's a good thing.
If s… Ocasio-Cortez is the exception to the rule when it comes to the typical congressional profile: She’s a young woman, she’s Latina, and she comes from a pretty average background. The more you can save and invest, the higher your net worth will grow as your money compounds over time. In 2012, Sam was able to retire at the age of 34 largely due to his investments that now generate roughly $250,000 a year in passive income. After Ocasio-Cortez defeated Rep. Joe Crowley in the primary in June and won the general election in November, she said in an interview with the New York Times that she was worried about paying for an apartment in Washington, DC, before her $174,000 annual congressional salary kicks in. When she’s not clapping back at her social media trolls or defending her sartorial choices, the outspoken representative is championing the Green New Deal, a proposal for the U.S. to shift its reliance to clean, energy-efficient sources. Rep. Alexandria Ocasio-Cortez, D-N.Y., was elected to Congress in November 2018, but it was three months before she started earning the six-figure salary of U.S. legislators.