2. Sergio Ocasio, Alexandria's Father: 5 Fast Facts | Heavy.com Multipleposts spreading on Facebook claim Rep. Alexandria Ocasio-Cortez, D-N.Y., has a net worth of $29 million. In April 2018, a disclosure filed by Ocasio-Cortez revealed that she had between $1,000 . Two months after selling her Westchester home, Blanca Ocasio-Cortez--who cleaned houses and did other odd jobs to support her family--purchased a new house in Florida (where she works as an office clerk at an elementary school). 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: AOC misspoke when blaming the unbuilt Keystone XL pipeline for a leak. ? Where do you see any corruption. I just made a payment and it's now down to $19,000.. That all is a far cry from the hard-knock life that Ocasio-Cortez claims to have had. Do you think that YOU have the very same investments opportunity she does? Where people get in trouble is inflating their lifestyles faster than their income inflates. 3.5x 174,000 = 609000. real median household income for Hispanics, The Average Net Worth For The Above Average Person, generate roughly $300,000 a yearin passive income, Buy This, Not That: How To Spend Your Way To Wealth And Freedom. Alexandria Ocasio (AOC) also owns an investment portfolio of some stocks that is valued at $1 Million. In 2021, Forbes estimated Harris and her husband, Doug Emhoff, were worth about $7 million. Keep in touch witheBiographyPostfor more updates onCelebrity Bio,Businessperson,Sports,Crime, and Rumor. All analyze your investments for excessive fees while managing your net worth. This article was produced by the Reuters Fact Check team. Sergio Ocasio-Roman: Mother: Blanca Ocasio-Cortez: Husband or Boyfriend: N/A: Children: N/A: Siblings: Gabriel: Social Media. So we want to tell you she is an American politician and activist. People may receive compensation for some links to products and services on this website. wealth accumulation. No evidence. He proceeded to spend the next 13 years after attending The College of William & Mary and UC Berkeley for b-school working at Goldman Sachs and Credit Suisse. She had to pay off her debt with a $300 payment per month, which she managed by working as a bartender. However, she should become a millionaire by 40. In her most recent financial disclosure . 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. 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. In the past, youd have to spend millions to buy an office building or student housing complex. READ ALSO: Felicia Mabuza age, children, husband, siblings . Alexandria said she remembered Blanca calling her when she was in the middle of an economics class; Alexandria rushed home and rushed to the hospital to see her father. He spends time playing tennis, taking care of family, andwriting online to help others achieve financial freedom. Both platforms are free to sign up and explore. Besides the Green New Deal, Ocasio-Cortez has also proposed a marginal tax of around 70% on income above $10 million. Ocasio-Cortez and SenatorEd Markeyreleased Green New Deal, a proposal to reduce greenhouse gas emissions, creating high-paying jobs, and boosting the economy. If you're looking to read the best personal finance book, order a hard copy of Buy This, Not That: How To Spend Your Way To Wealth And Freedom. At 29, AOC became the youngest member of the 116th Congress and the youngest woman in American history to serve in the U.S Congress. Alexandria Ocasio-Cortez attended the Yorktown High School in Yorktown Heights, New York. (5 w/o family). Alexandria Ocasio-Cortez's Net Worth. This article explains how much of her income was tracked but provides nothing to explain the 1.5 million they claim she is worth. Alexandria Ocasio-Cortez's proposal Green New Deal, was supported by Senators like Bernie Sanders and Elizabeth Warren. Ocasio-Cortez's family comes from Puerto Rica as her mother was born there while her father's family is also from the Caribbean island. The more you can save and invest, the higher your net worth will grow as your money compounds over time. Her father, Sergio was born to a Puerto Rican family based in the Bronx, and he is an architect. In April 2018, a disclosure filed by Ocasio-Cortez revealed that she had between $1,000 and $15,000 in savings, between 15,000 dollars and 50,000 dollars in checking, and as much as 50,000 dollars worth of student loan debt. Congresswoman Alexandria Ocasio-Cortez currently has an estimated net worth of $200 Thousand. Because she was underfinanced compared to Joe Crowley, she turned to grassroots politics, where she established a solid mobilization campaign. Ocasio-Cortez started her campaign in April 2017 while she was still tending bar and waiting tables. Vote today and help us mobilize. The Inquisitr is a registered trademark. a tad, drugs POURING in, youth dying of drug overdoses(open The opportunities to make lots of money for AOC is endless. Ocasio's father died suddenly in 2008, at 48 years old, due to cancer. In an Instagram post honoring her mother, Alexandria Ocasio Cortez wrote, She [Blanca] met my father, a Bronx boy visiting isla family, at a young age. But now, a new, explosive report from the Daily Mail suggests that the candidate is actually lying about her working-class roots. Our Standards: The Thomson Reuters Trust Principles. USA Today, "Fact check: Rep. Alexandria Ocasio-Cortez's net worth is not close to $1 million," March 10, 2021 House of Representatives, Rep. Alexandria Ocasio-Cortez financial disclosure report . For example, in addition to her $174,000 salary, Senator Elizabeth Warren got an advance of $525,000 to write A Fighting Chance. The book chronicles Warren's rise from a struggling childhood to the Senate and her fight for middle class Americans. Currently, she aged 30 years old. The district comprises some parts of North-Central Queens and the Eastern part of the Bronx in New York. If Ocasio-Cortez can remain in Congress for nine years and maintains her spending habits, she will likely have a $1,000,000 net worth by the time she is 38 years old in 2028. American politician Alexandria Ocasio-Cortez is known for her progressive views. As an activist, she is a supporter of different reforms and policies such as the tuition-free public college and trade school, single-payer Medicare for All, guaranteed family leave, canceling outstanding student debt, privatized prisons, Immigration and Customs Enforcement, a Green New Deal, and more strict gun control policies. Is Kelly McGillis' Ex-Husband Fred Tillman Still A Restaurateur? Her student loan debt falls somewhere between $15,000 and $50,000. 'use strict';var cls_disable_ads=function(n){function h(a,b){var c="function"===typeof Symbol&&a[Symbol.iterator];if(!c)return a;a=c.call(a);var d,e=[];try{for(;(void 0===b||0Alexandria Ocasio-Cortez Net Worth - Net Worth mentioned in the article. In 2016, Alexandria worked as an organizer for Bernie Sanders presidential campaign. When she was five years of age, her family migrated to an apartment in the suburban neighborhood of Yorktown Heights. Ocasio Cortez Net Worth 2023: Age, Height, Weight, Boyfriend, Dating When Alexandria was 19 years old, a sophomore at Boston University, Sergio died of cancer. After rent, food, and other expenses she can probably invest maybe $25K per year. Ocasio-Cortez has a gross net worth of $1.5 million, plus investment, endorsements, salary, and savings. She became the first person since 2004 to challenge and defeat a 10-term incumbent Joe Crowley, the Democratic Caucus Chair, in the primary race. Alexandria Ocasio Cortez Net Worth 2023 Aoc Assets Salary In reality, we don't know how rich AOC is. Alexandria Ocasio-Cortez phone Number: Net Worth 2022, Bio, Family She comes from a working-class family as Ocasio-Cortez's father,Sergio Ocasio-Roman,was a small business owner. Ocasio-Cortez became the youngest woman in American history to serve in the U.S Congress. So her campaign took the grassroots mobilization approach and also did not accept donations from corporations. American politicianAlexandria Ocasio-Cortez, also known by her initials,AOC, is a popular member of the Democratic Party. Sergio Ocasio-Roman was a co-owner of an architectural practice that operated from a ground-level, 600-square-foot apartment in the sprawling, 12,000-unit Parkchester condominium complex in the central Bronx (seen above). .rll-youtube-player, [data-lazy-src]{display:none !important;}. The CAknowledge article, entitled Alexandria Ocasio-Cortez Net Worth 2022 (Forbes) AOC Assets Salary Cars House, does not state its source of information, other than the reference to Forbes in the title. An example of data being processed may be a unique identifier stored in a cookie. What a gal!! She drew nationwide recognition on June 26, 2018, when she won the Democratic Partys primary elections for New Yorks 14thcongressional district. Ocasio-Cortezs most recent financial disclosure, which was filed in 2021, shows her with assets between $3,003 and $45,000, including a 401(k) plan, and student loan debt between $15,001 and $50,000. Alexandria Ocasio-Cortez - Bio, Net Worth, Age, Husband, Education Since she started serving as a member of the House of Representatives, she has earned a considerable sum. Forbes has not reported on the net worth of Alexandria Ocasio-Cortez, Jocelyn Swift, Forbes director of corporate communications, told USA TODAY by email. The combination of her fathers death and the 2008 global financial crisis, Ocasio-Cortez has said, left her family in perilous financial condition and struggling to keep their home. She challenged the incumbent representativeJoe Crowleyand became the first person since 2004 to do so. Im not defending her just pointing out the shoddy reporting here. Within 18 months of purchasing the Yorktown Heights home, Ocasio-Romans finances appeared strained, according to public records. Within 18 months . . Please take the Her win was part of the Democratic Party's success in the midterm elections, and they gained control of the House of Representatives. If you cant walk the walk, dont talk the talk. She was also endorsed byCynthia Nixon, an actress and fellow first-time candidate who ran againstAndrew Cuomo. She has fretted about being able to afford an apartment in Washington, D.C., where the median rent exceeds $2500. It was not long ago that our familys hope was so dim it was barely an ember, she wrote. . Real estate is one of the best ways for the average American to build wealth over time. Darkness taught me transformation cannot solely be an individual pursuit, but also a community trust., Drunk Floridian killed bird with Glock pistol, police charge. She serves as the United States Representative for New Yorks 14th Congressional district. Ocasio Cortez . Her mother, meanwhile, confirmed the familys move to Westchester County in her own interview with the New York Times, and said that it was her mother Alexandria Ocasio-Cortezs grandmother that cleaned houses in Puerto Rico, not her. However, after graduating, the couple reportedly split, and Riley moved back home to Arizona. By the time AOC is 45, she will undoubtedly become a multi . The salary for members of Congress is$174,000 a year. AOC's 'tax the rich' dress: Who qualifies as wealthy? . Alexandria Ocasio-Cortez, who posits herself as a socialist who fights for New Yorks working class and is especially favorable to the Bernie Bro demographic for that reason actually grew up in Westchester County, which is a ritzy suburb of New York City. Alexandria Ocasio Cortez Net Worth? Apart from these platforms, AOC is also active on the streaming site Twitch. Know more about Alexandria Ocasio-Cortez's biography, net worth, facts, wiki, engaged, boyfriend, height, career, salary, party, parents, nationality, and more. FEBRUARY 11--As they continue to wrestle with feelings of obsession, lust, and envy directed at Alexandria Ocasio-Cortez, conservative detractors have toggled between portraying the new congresswoman as a Westchester elitist who is secretly wealthy and a poor undeserving of appointment to the powerful House Committee on Financial Services. In addition to handling inspection and repair work for Parkchesters South and North divisions, Ocasio-Romans clients included developers and managers of low income housing, like the Mount Vernon Housing Authority and Promesa, a Bronx social services agency. However, in 2011, she was able to graduate with a Bachelor of Arts (B.A) degree in international relations and economics. How in the hell is AOC worth $29 million, reads anAug. 4 Facebook post shared more than 400 times. Investments? Fact check: Rep. Alexandria Ocasio-Cortez's net worth doesn't top $1M However, in September 2019, AOC revealed that she was stillpaying her student-debtand had around $19,000 left on her account. After graduating high school, Ocasio-Cortez then applied for Boston University and was accepted. U.S. House of Representatives Press Gallery, accessed Aug. 11, 2022. 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. And although Alexandria Ocasio-Cortez did not return the Daily Mails request for a comment about the matter, shes still expected to be a shoo-in for the NY-14 House of Representatives seat, because its a historically liberal district in New York. I've personally invested $810,000 in real estate crowdfunding to earn income 100% passive and diversify my real estate holdings. Image Source: Alexandria Ocasio-Cortez Twitter. I dont agree with most of her political positions but lets at least have decent reporting with sources. No homes were listed. Here's what you need to know about Sergio Ocasio. This victory allowed the Democrats to become the majority party in the House of Representatives. The municipal lien identifies Sergio Ocasio as the apartments owner. We and our partners use cookies to Store and/or access information on a device. Alexandria Ocasio Cortez. She will likely emerge to be one of the most powerful and interesting women in Congress if she's in office that long. She joined the organizations and thus started Alexandria Ocasio-Cortez's political journey. She and her boyfriend adopted a French bulldog in early 2020. Social Media: . She participated in the Lorenzo de Zavala Youth Legislative Session during high school, organized by National Hispanic Institute. But Blanca struggled to provide for the family, and after Alexandria graduated from college, she took on extra work to help keep the family afloat. function(b,c){for(var d=[],e=2;e She was a write-in candidate in New York's 15th congressional district but declined the nomination.

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