JD Vance has a low-rate mortgage, bitcoin and millions in a brokerage account, new disclosures show
CNN
Republican vice presidential nominee JD Vance is doing very well financially for someone who just turned 40, new federal disclosures reveal.
Republican vice presidential nominee JD Vance is doing very well financially for someone who just turned 40, new federal disclosures reveal. The Ohio senator, whom former President Donald Trump chose as his running mate last month, has roughly between $4 million and $11 million in assets to his name, with only $750,000 to $1.5 million in liabilities. He owns a home, has a stake in two businesses and has three 529 education savings accounts for his children. His biggest single asset is his Schwab brokerage account, which he values between roughly $2.2 million and $7.5 million – with investments largely in passively managed exchange-traded stock and bond funds. Outside of that, while hardly his largest holding, Vance does include among his assets $250,000 to $500,000 worth of bitcoin. With Trump promising to implement crypto-friendly policies if elected, it’s unclear how that will affect his holdings, but it does stand out in a portfolio made up largely of diversified ETFs. The three 529 accounts Vance lists for his children are worth between $31,000 and $115,000 in total. Vance also lists checking and savings accounts valued between $315,000 and $815,000, which produced between $5,000 and $16,000 in interest income from the beginning of 2023 through the date of filing.
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