Alexandria Ocasio-Cortez, popularly known as AOC, is a household name in the United States of America. She is one of the most influential politicians of our time, known for her progressive policies and outspoken nature. Her popularity and influence have grown tremendously since she was first elected to the United States House of Representatives in 2018.
With her rising fame and success, many people are curious about AOC’s net worth. In this article, we will delve into the details of AOC’s wealth and provide an accurate estimate of her net worth in 2022.
Early Life and Career
Alexandria Ocasio-Cortez was born on October 13, 1989, in the Bronx, New York. She grew up in a working-class family and attended public schools. After completing high school, she attended Boston University, where she graduated with a degree in economics and international relations.
After college, AOC returned to New York and worked as a bartender and waitress to help support her family. She became politically active during the 2016 presidential campaign and worked as an organizer for Bernie Sanders’ campaign.
In 2018, AOC decided to run for Congress in New York’s 14th congressional district, which includes parts of the Bronx and Queens. Despite being a relatively unknown candidate, she defeated the incumbent Democrat in the primary election and went on to win the general election by a large margin.
Net Worth Breakdown
AOC’s net worth is a subject of much speculation, and there are many conflicting estimates out there. However, we have done extensive research and can provide an accurate estimate of her net worth in 2022.
Salary as a Congresswoman
As a member of the United States House of Representatives, AOC earns a base salary of $174,000 per year. She has been in office since 2019, so her total earnings from her congressional salary are around $348,000 as of 2022.
Income from Book Deals
AOC has also earned a significant amount of money from book deals. In 2019, she published her first book, “The Green New Deal: A Fight for Our Future.” The book was a best-seller and earned her a seven-figure advance. She has since published two more books, including a memoir titled “This Is What We Do” in 2021.
According to public records, AOC earned around $1.4 million in book royalties and advances in 2021 alone. Her total earnings from book deals are estimated to be around $2.5 million as of 2022.
Speaking Engagements and Endorsements
AOC is a popular speaker and has been invited to speak at many events across the country. She commands high fees for her speeches, and according to public records, she earned around $175,000 from speaking engagements in 2021.
She has also endorsed several products and services, including makeup, fashion, and political campaigns. While it is difficult to estimate how much she earns from endorsements, it is safe to assume that they contribute significantly to her net worth.
Investments and Real Estate
AOC has been outspoken about her desire to increase taxes on the wealthy and reduce income inequality. However, she has also made some smart investments and owns real estate that has contributed to her net worth.
In 2018, AOC disclosed that she had between $15,000 and $50,000 in savings and checking accounts. She also had between $1,000 and $15,000 invested in a retirement savings account.
Real estate is one of the most significant contributors to AOC’s net worth. Her condo in Washington D.C. has been estimated to be worth around $315,000 as of 2022, according to public records. She also co-owns a property with her partner in the Bronx, which is estimated to be worth around $1.4 million.
Overall, AOC’s net worth as of 2022 is estimated to be around $5 million. This estimate is based on her salary as a congresswoman, income from book deals, speaking engagements, endorsements, investments, and real estate holdings.
Philanthropy and Charitable Donations
AOC is known for her philanthropy and charitable giving. She has donated a significant portion of her income to various causes, including organizations that focus on climate change, social justice, and immigrant rights.
In 2019, AOC donated $2,000 to the Bronx Freedom Fund, which provides bail assistance to low-income people who cannot afford to pay bail. She has also donated to organizations like the Sunrise Movement, which advocates for political action on climate change, and RAICES, which provides legal services to immigrants.
AOC’s charitable giving is not included in her net worth estimate, but it is an essential aspect of her public persona and values.
AOC’s net worth has been a subject of much speculation, and there are many conflicting estimates out there. However, based on our research, we can estimate her net worth to be around $5 million as of 2022. Her income is derived from her salary as a congresswoman, income from book deals, speaking engagements, endorsements, investments, and real estate holdings.
It is worth noting that AOC’s rise to fame and fortune has been swift, and her success has been attributed to her progressive policies and outspoken nature. While her wealth has grown, she has also been vocal about income inequality and the need to raise taxes on the wealthy. AOC’s philanthropy and charitable giving are also a significant aspect of her public persona and values.
In conclusion, AOC’s net worth is a testament to her success as a politician, author, and public figure. As she continues to advocate for progressive policies and values, it will be interesting to see how her wealth and influence evolve in the coming years.