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. In addition, she has been very vocal about granting citizens of Puerto Rico further civil rights, including disaster relief and voting rights. In 2012, Sam was able to retire at the age of 34 largely thanks to his investments. Records show the apartment building's mortgage was paid off in 2007 and AOC's father passed away in 2008. In her most recent financial disclosure, filed in September 2020, Ocasio-Cortez reported between $2,003 and $31,000 in assets, compared with student loan debt of between $15,000 and $50,000. Shes a complete fraud. AOC has a fifth book entitled Tax the Rich due out this winter. Her student loan debt through the U.S. Department of Education at the time was listed as between $15,001 and $50,000. Despite what Ocasio-Cortez has said, she wasn't responsible for paying a mortgage. An image shared on Facebook claiming she has a net worth of more than $1 million is false and ridiculous Pants on Fire! a.FLOAT="float";a.BOOLEAN="boolean";a.STRING="string"})(w||(w={}));var x;(function(a){a.DESKTOP="desktop";a.MOBILE="mobile";a.ALL="all"})(x||(x={}));var y;(function(a){a.AdDensity="addensity";a.FooterCloseButton="footerclose";a.Interstitial="interstitial";a.RemoveVideoTitleWrapper="removevideotitlewrapper";a.StickyOutstream="stickyoutstream";a.StickyOutstreamOnStickyPlayer="sospp";a.VideoAdvancePlaylistRelatedPlayer="videoadvanceplaylistrp";a.MobileStickyPlayerPosition="mspp"})(y||(y={}));g=function(){function a(){this._timeOrigin= She made history in the US midterm elections of 2018 to become the youngest woman in Congress in American history. $174,000 is a very healthy paycheck for anybody in America, not to mention for a 32-year old. Alexandria Ocasio-Cortez is an American politician and activist. Reuters has previously debunked this claim. Like our page to get updates throughout the day on our latest debunks, Rep. Ocasio-Cortez arrested during protest at the Supreme Court, Majority of lawmakers in 116th Congress are millionaires, Alexandria Ocasio-Cortez: To pay off student loans I had to do something that was nearly impossible, Ocasio-Cortez to be youngest woman ever elected to Congress, Fact check: Rep. Alexandria Ocasio-Cortez's net worth is not close to $1 million, Fact check: Rep. Ocasio-Cortez arrested during protest at the Supreme Court, Fact Check: AOC misspoke when blaming the unbuilt Keystone XL pipeline for a leak. Your email address will not be published. Itll provide you at least 100X more value than its cost and help you build wealth and live your best life. In 2021, a social media post falsely claimed her net worth was more than $1 million. It doesnt matter when you do something, just be yourself. when your salary is a 175k a year and you dont have to spend much of anything to live off. She earns at least $174,000 per year for her Congressional salary and has a net worth of $200,000, according to Celebrity Net Worth. 2023 USA TODAY, a division of Gannett Satellite Information Network, LLC. )\\)","g"));return null!==b?b[0]:!1};a.prototype.disableAllAds=function(b){if(!b||p(b))this.all=!0,this.reasons.add("all_page")}; Representatives, "AOC," has an estimated net worth of $500K as of the 2023 update, according to our research on Networth202.com. They suck! Her student loan debt is high because she attend Boston University, one of the most expensive private schools in the country that has a 2021 tuition of over $53,000. Alexandria Ocasio-Cortez is a young black girl and she is doing very well, she speaks well, she can articulate her thoughts well. 727-821-9494. stated on March 8, 2021 in a Facebook post: Says Alexandria Ocasio-Cortez's net worth is over $1 million., stated on February 4, 2023 in an Instagram post. 1. In a post shared more than 14,000 times, a Facebook user claims that Ocasio-Cortez was broke when she was first elected to Congress in 2018 but now has anet worth of more than $1 million. Take charge of your finances because nobody cares more about your money than you. What a gal!! Assuming a 20% effective tax rate on her $174,000 Congress salary, she is left with roughly $139,200 in after-tax income a year or $11,600 in after-tax income a month. She is known by her initials AOC. On the border. 1. Born on October 13, 1989, she . Yes, having the discipline to save 50% of her gross income is aggressive when the average American only saves about 6%. Follow us on Facebook! Where people get in trouble is inflating their lifestyles faster than their income inflates. You pose the question if her good conscious will step in to help those less fortunate. Publicly available financial disclosures provided by Ocasio-Cortez do not indicate she has tens of millions worth of assets. Before her career in politics, AOC worked as a bartender and then established the publishing firm Brook Avenue Press. lived paycheck to paycheck, according to Time. So, there you go. She found out that politics was more easily accessible than she had thought. Rep. Alexandria Ocasio-Cortez's latest financial disclosure form showed assets of between $2,003 and $31,000. I just made a payment and its now down to $19,000.. She also secured endorsements from other prominent Democrats, including Senator Bernie Sanders. hawaiian lunar calendar; st luke's twin falls pediatrics; downtown orlando events today; kendall gray hunting. Street guru secretly hiding as a Congress. Based on our research, we rate FALSE the claim that Ocasio-Cortez has a net worth of $29 million. There is no evidence that Congresswoman Alexandria Ocasio-Cortez has a net worth of $29 million, despite online claims that that figure was released by Forbes magazine. Don't Miss: The 20 Most Powerful Women In The World. The only exceptions are the speaker of the House ($223,500) and the president pro tempore of the Senate and the majority and minority leaders in the House and Senate ($193,400). CAknowledge.com has also shared the supposednet worth of other well-known politicians, includingVice President Kamala Harris, who it claims has a networth of $28 million, $67 million and $69 million in different places in the same report. Assuming Ocasio-Cortez pays the median $2,700 for an apartment in Washington D.C, spends another $1,000 for food and drinks, and another $500 for entertainment and transportation expenses, Ocasio-Cortez will have a monthly burn of roughly $4,200 after-tax. Your net worth may not grow as quickly as AOCs net worth, but it will grow. Alexandria Ocasio-Cortez said that getting voters to care about politics is the goal of the movement. She has an apartment in Washington DC and owns a condo in New York. Based on our research, we rate FALSE the claim that Ocasio-Cortez has a net worth of $29 million. Below are the top ten richest members of both the House and Senate, collectively they account for almost half of the entire net worth of Congress. She was greatly influenced by the activists working in these places and harnessed the idea of being an activist. Especially because her political leaning is the anthesis of individual The socialist leader who grew up in the Bronx, New York City, was born on the 13th of October, 1989. The salary for members of Congress is$174,000 a year. On July 10, 2019 during a House Committee on Financial Services on Capital Hill, she revealed in a statement that she still has $19,000 in student loan debt. 1800 I Street NW Use a free financial tool like Personal Capital to track your cash flow. As the economic . Our only agenda is to publish the truth so you can be an informed participant in democracy. Her liabilities were listed at between $15,001 and $50,000, indicating that she may have a negative net worth. ", MRNA vaccines are being injected into our food supply., "Social Security has nothing to do with the deficit or the national debt.". Within 18 months . Traders in the world would love that return. required by federal law because she can wait another 20 days before risking . (Such federal disclosures report a range rather than specific figures.). About the Author:Sam started Financial Samurai in 2009 as a way to make sense of the financial crisis. How do you arrive at $885K in salary? Her most recent financial disclosure, filed in 2021, shows her assets included between $1,001 and $15,000 in a checking account, between $1,001 and $15,000 in a brokerage account, and between $1,001 and $15,000 invested in a 401K plan (here). Roughly $120,000 came from . "desktop";a.Mobile="mobile"})(r||(r={}));var t;(function(a){a.Video_Collapse_Autoplay_SoundOff="Video_Collapse_Autoplay_SoundOff";a.Video_Individual_Autoplay_SOff="Video_Individual_Autoplay_SOff";a.Video_Coll_SOff_Smartphone="Video_Coll_SOff_Smartphone";a.Video_In_Post_ClicktoPlay_SoundOn="Video_In-Post_ClicktoPlay_SoundOn"})(t||(t={}));var u;(u||(u={})).None="none";var v;(function(a){a.WEIGHTEDCHOICE="weightedChoice";a.BERNOULLITRIAL="bernoulliTrial"})(v||(v={}));var w;(function(a){a.INTEGER="integer"; Multipleposts spreading on Facebook claim Rep. Alexandria Ocasio-Cortez, D-N.Y., has a net worth of $29 million. gtag('config', 'UA-10307238-1'); January 28, 2023. Sign up to get that here. In a world of wild talk and fake news, help us stand up for the facts. LOVE that ROI ( ummm return on investment). After college, she briefly worked as a waitress and bartender to help her mother and family from getting their Yorktown house foreclosed on. In January 2021, Rep. AOC was sworn-in for her second term in Congress. People think going to the spa is selfish, but when youre constantly on the go, taking time for yourself is the best way to stay healthy and strong. d){for(var e=[],f=3;f
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