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From a hillbilly starter to a bestselling author with three homes and millions in assets

From a hillbilly starter to a bestselling author with three homes and millions in assets

Republican vice presidential candidate JD Vance is not as rich as his wife running buddy— but it might be heading there.

A graduate of the Marine Corps, Ohio State and Yale Law School, he cut his teeth at law firms, investment banks and venture capital firms. But he really came to the fore when he penned down his life story. Accordingly ForbesVance is worth an estimated $10 million, much of it due to the blockbuster sales of his 2016 memoir. Peasant Lament, Which one sold? more than 1.6 million It has been copied and produced as a film until today. netflix. By 2022, only books had earned Vance about $350,000 in copyrights.

Per August 2024 statements From the Federal Election Commission, the Ohio senator has between $4 million and $11 million in assets (including three homes, a hefty brokerage account and stakes in two companies) and $750,000 to $1.5 million in debt, mostly mortgages.

per Forbes guessVance’s primary residence in Virginia is valued at just under $2 million, and his real estate holdings are worth approximately $4 million in total.

The bulk of Vance’s investments consist of stocks and bonds. CNN reportedbut he also owns hundreds of thousands worth of Bitcoin. His congressional salary will rise to $174,000 this year.

Washington Post also pegged Vance’s fortune at $10 million. according to Posts According to calculations, the total reported assets of both Vance and his wife Usha Vance come out to be between $4.1 million and $11.8 million. Their collective income from investments last year fell between $201,801 and $1.2 million.

This is a good position for a 40-year-old father of three (he also has 529 accounts for each of his children). Especially since the average household net worth of an American in Vance’s age group is: Just shy of $550,000.

This story first appeared on: Fortune.com