Business

Inside JD Vance’s Wealth: From Tough Beginnings to Bestselling Author with Three Homes and Millions in Assets



J.D. Vance, the Republican vice presidential candidate, is nowhere near his level of wealth running buddy—but he might be on his way there.

Graduates of the Marine Corps, Ohio State and Yale Law School have gone on to work at law firms, investment banks and venture capital firms. But he really emerged when he wrote his life story. According to ForbesVance is worth around $10 million, largely thanks to the blockbuster sales of his 2016 memoir, Hillbilly dirge, sold more than 1.6 million copies to date and produced into films by Netflix. By 2022, the book alone had earned Vance nearly 350,000 USD in royalties.

each Revealed August 2024 from the Federal Election Commission, the Ohio senator has assets ranging from $4 million to $11 million — including three homes, a huge brokerage account and shares in two businesses — and liabilities ranging from $750,000. to $1.5 million – essentially his mortgage.

each one Forbes estimateVance’s primary residence in Virginia is worth just under $2 million and his real estate holdings total about $4 million.

The majority of Vance’s investments are in stocks and bonds, CNN reportedeven though he also has hundreds of thousands worth of bitcoins. His congressional salary will go up to $174,000 this year.

Washington Post also pegged Vance’s assets at $10 million. According to post Calculated, the total reported assets of both Vance and his wife Usha Vance are between $4.1 million and $11.8 million. Last year, the overall income from their investments fell from $201,801 to $1.2 million.

That’s 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 net worth of an American household in Vance’s age group is only about 550,000 USD.

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