Besides her salary, she receives an extra amount of $3000 for annual living expense credit, health, insurance, and retirement benefits. There was no blind trust for undisclosed assets. 6. The claim: Rep. Alexandria Ocasio-Cortez is worth more than $1 million. During a September 2019 hearing on student loan debt, Ocasio-Cortez said she made a payment that had reduced her student loan debt to $19,000. . Reuters has previously debunked this claim. Shes a complete fraud. AOC has a fifth book entitled Tax the Rich due out this winter. A difficult task for many. According to Celebrity Net Worth, AOC has a reported net worth of $100,000. What a gal!! Although many high-profile individuals and political figures endorsed Crawley, Alexandria benefited from different endorsements from organizations like Democracy for America and MoveOn. She has a younger brother named Gabriel, who grew up with her in New York. AOC met him the first time backstage at The Daily Show where he was citing tax rates. Because she made so much, her effective tax rate was lower than the aides in her office, which seems wrong. "AOC net worth is $29 million, on a government salary that paid $174k yearly," reads the post, which was shared more than 170 times. The Courage to Change political action committee the congresswoman launched last year to back progressive candidates challenging incumbent Democratsspent about $335,000 out of the $842,000 it raised, according to the FEC. Her victory received a lot of attention from the media. Ummm shes been in office 3.5 years, sworn in 2019. Her strong opinions and unflinching way of expressing them have garnered strong criticism as well as loyal supporters. While representing the 14th Congressional District of New York, the congresswoman has earned the regular salary of a representative. Alexandria Ocasio-Cortezs Boyfriend & Personal Life, Some Unknown facts about Alexandria Ocasio Cortez. Copyright 2023 Paid Liberal Trolls of America. However, later the congresswomans spokesperson, Lauren Hitt told USA Today that the tweet is altered and fake. Alexandreia is 32 years as of 2022. Did you ever take a look at the minimum requirements it takes to be elected to a national political level? Two full terms at $174K will be $696K when it ends in January 2023. Rep. Alexandria Ocasio-Cortez's latest financial disclosure form showed assets of between $2,003 and $31,000. It isnt the news, it isnt misinformation, and it isnt propaganda. The claim: Rep. Alexandria Ocasio-Cortez is worth more than $1 million Rep. Alexandria Ocasio-Cortez, D-N.Y., has supported raising the minimum wage, forgiving student loan debt and increasing. With an annual salary of approximately $174,000, AOC is worth an estimated $100,000 (per Celebrity Net Worth ). AOC lived with her family in the Bronx area of Parkchester. Having a net worth of $1 million might just mean you have a nice house, some other fairly large assets, and no significant debts. Alexandria Ocasio-Cortez is reportedly dating her boyfriend named Riley Roberts, who is a web developer by profession. Or her she could be worth up to $12,000. Her financial disclosures at the time showed that wasn't the case. AOC graduated from the university with a bachelors degree in international relations and economics. Considering her political affiliations and positions, Ocasio-Cortez is a member of the Democratic Socialists of America. At just 28 and with no prior office, Alexandria Ocasio-Cortez primaried long-term Congressman and Democratic power-player Joe Crowley with a landslide 57.5-percent of the vote in New York's 10th District. Other posts making this claim can be found here and here . That's a far cry from being a millionaire. While discussing her salary with The Progressive, she shared about her modest upbringing and how it influences her campaigns. You go girl!!!! Offers may be subject to change without notice. AOC made $3,588 as a waitress and bartender at the Coffee Shop Taqueria. Our Standards: The Thomson Reuters Trust Principles. A text image widely shared on Facebook claims that. AOC subsequently earned a $6,000 salary from her election campaign and stood to make around $174,000 for her first year in Congress, along with $3,000 for living expenses, health insurance, and retirement benefits. In IRS tax filings, the museum reported that its CEO, . This article was produced by the Reuters Fact Check team. Read more about our work to fact-check social media posts here . During the 2016 primary election, she organized Bernie Sanderss presidential campaign. In 2018, AOC was elected as a member of the U.S Congress. U.S. House of Representatives, May 15, 2019. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); Big Yavo is an American rapper known for his hit songs, Shawn Kemp and Scoot Up. I dont agree with most of her political positions but lets at least have decent reporting with sources. The Post is just mad that you can look good fighting for working families.Sequins are a great accessory to universal healthcare, dont you agree? Alexandria Ocasio-Cortez does have a disclosed yearly income of $174,000. Ocasio-Cortez spokeswoman Lauren Hitt said the financial disclosure reports are accurate but provided no additional comment. But her political clout can raise millions for your state when your senator books out during a crisis! Checks & Imbalances: AOCs Dress, Hair And Makeup Likely The Focus Of Ethics Investigation, Why Is Alexandria Ocasio-Cortez Under Investigation? AOC's 'tax the rich' dress: Who qualifies as wealthy? Alexandria Ocasio-Cortez is an American politician and activist. She is a seasoned activist and has an active presence on social media. I enjoy your pithy remarks. Congresswoman Alexandria Ortego-Cortez went from having a net worth of $16,502 according to her financial disclosures to a whopping $24 million in just four years. Members of the U.S. Congress are also required to provide financial disclosures of their income, including the source, type, amount, or value of any income they have earned. She serves as the United States Representative for New York's 14th Congressional district. Sequins are a great accessory to universal healthcare, dont you agree?". So, what is AOCs actual net worth? . U.S. House of Representatives, Aug. 13, 2021. In her political career, she has supported progressive policies like a federal job guarantee, tuition-free public college, and trade school, and a single-payer Medicare for All. She serves as the United States Representative for New Yorks 14th Congressional district. Fox News looked into the subject of her earnings in February 2020, reaching similar findings (here). She needs to 79x her net worth to join the two comma club. They only have citizenship/age/residency requirements. Shes turned a salary of $175,000 as a House of Representatives member into at least $1.5 million! Thank you for supporting our journalism. Her annual salary as a Congresswoman is reportedly $174,000. The only source cited for this claim, Forbes, denied it made such an estimate. While an analysis of financial disclosures by the Center for Responsive Politics last year found that the majority of members of Congress are millionaires, Ocasio-Cortez would not be one of them. Cortez graduated from Boston in 2011 earning a Bachelor of Arts degree. Really have a bundle. You cansubscribe to our print edition, ad-free app or electronic newspaper replica here. COVID-19 vaccines "provide zero benefit relative to risk for the young and healthy.". She is of the Roman Catholic faith. Probably For Her Dress, Makeup And Hairstyling At The Met Gala, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Wind farm construction is a possible cause of dead whales washing ashore in New Jersey. She earned over 57% of the vote in the primary elections, which many media outlets regarded as the biggest upset victory in the 2018 midterm election primaries. However, she started serving in January 2019. She is certainly well to do, but there is nothing corrupt about earning money, especially for someone who works as hard as she evidently does. While discussing her salary with The Progressive, she shared about her modest upbringing and how it. lived paycheck to paycheck, according to Time. Nous, Yahoo, faisons partie de la famille de marques Yahoo. The 29-year-old New York Congressional Representative was born in the Bronx, New York. Now, in recent social media posts, Facebook users are raising questions about the New. Cortez was challenged by Michelle Caruso-Cabrera in the 2020 Democratic primary election. Investments? If you can get enough $$ supporting you, you too can get any one of these jobs. Our Standards: The Thomson Reuters Trust Principles. LOVE that ROI ( ummm return on investment). At this time, she began seeing a new life in politics. She's not rich, but she didn't. During a weekly student town hall called . Her most recent financial disclosure showsher with assets between $3,003 and $45,000, including a 401(k) plan, and student loan debt between $15,001 and $50,000. If your politics do not agree with hers, that does not make her corrupt. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Ranges, rather than specific amounts, must be disclosed. For liabilities, the report showed student loan debt of between $15,001 and $50,000. In a world of wild talk and fake news, help us stand up for the facts. wealth accumulation. AOC's net worth is estimated to be closer to $200,000, which makes sense given her income and student loan. Media: AOC only has $7000 in her savings account. Its not hard to generate wealth with investments. Ocasio-Cortez has supported a variety of progressive measures, such asraising the minimum wage, forgiving student loan debt and increasing taxes for the wealthy, and she has frequently been the subject of criticism and misinformation by conservatives. Alexandria Ocasio-Cortez (AOC) was born in New York City on October 13, 1989, to the family of Sergio Ocasio-Cortez and Blanca Ocasio-Cortez. Slectionnez Grer les paramtres pour grer vos prfrences. All Rights Reserved. When she took office in 2019, Ocasio-Cortez reported in her first financial disclosure that she had a checking account, a brokerage account and a 401(k)plan through the National Hispanic Institute that were worth between $3,003 and $45,000. Besides her salary, she receives an extra amount of $3000 for annual living expense credit, health, insurance, and retirement benefits. The disclosure also shows she owes the U.S. Department of Education between $15,001 and $50,000 in federal student loan debt, which she incurred between 2007 and 2010 as an undergraduate student at Boston University (here). Alexandria Ocasio-Cortez is reportedly dating her boyfriend named Riley Roberts, who is a web developer by profession. At just 28 and with no prior office, Alexandria Ocasio-Cortez primaried long-term Congressman and Democratic power-player Joe Crowley with a landslide 57.5-percent of the vote in New York's 10th. Street guru secretly hiding as a Congress. Latto, Carla Diab Net Worth: How Rich is the TV Star Actually in 2023? False. They suck! However, for years, there have been rumors that AOC is actually worth millions, with some online reports claiming she is worth as much as $29 million. In 2021, a social media post falsely claimed her net worth was more than $1 million. After the victory in the primaries, she went on to face the Republican nominee, Anthony Pappas, in the November general election. In 2018, AOC was elected as a member of the U.S Congress. Im not defending her just pointing out the shoddy reporting here. At the time,the Center for Responsive Politics OpenSecrets.org ranked her among the poorest members of Congress, where more than half of members are millionaires. While Forbes regularly releases the estimated net worth of high-profile individuals, there is no online record of it doing so for Ocasio-Cortez (shorturl.at/amsY4), (here). Since, she's become the figurehead for the Democratic Socialist wing of the party, running on a platform calling for Medicare for All, fully-funded public schools and universities and universal job guarantees. Based on our research, we rate FALSE the claim that Ocasio-Cortez has a net worth of $29 million. a tad, drugs POURING in, youth dying of drug overdoses(open "In the month since Republicans took the House majority," they are trying to "impose a 30% tax on everything. AOC is poised for a third term in the US House, but she has also recently appeared in the New York State Gubernatorial odds, as well as . Ocasio cortez $ 1 million, she shared about her modest upbringing and how it university with a degree! Covid-19 vaccines `` provide zero benefit relative to risk for the facts faisons de... Hers, that does not make her corrupt requirements it takes to be elected a! By the Reuters Fact Check team misinformation, and it isnt misinformation and! 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