Ocasio-Cortez also reported federal student loan debt between $15,001 and $50,000. No, Joe Biden did not mysteriously gain 138,000 Michigan votes all at once. The opportunities to make lots of money for AOC is endless. This is an unprecedented election. In her first year as a Congresswoman Alexandra will earn $174,000. When Scarry tweeted out a now-deleted picture taken of Ocasio-Cortez, she responded by saying that they can’t “help” but obsess about her because “women like me aren’t supposed to run for office — or win.”, The reason journos from @FoxNews to @dcexaminer can’t help but obsess about my clothes, rent, or mischaracterize respectful convos as “fights” is bc as I’ve said, women like me aren’t supposed to run for office - or win.& that’s exactly why the BX and Queens sent me here. In the past, you’d have to spend millions to buy an office building or student housing complex. Mutual funds allow beginner investors a way to break into stock market investments. And that's a good thing. These offers do not represent all available deposit, investment, loan or credit products. She will likely emerge to be one of the most powerful and interesting women in Congress if she’s in office that long. According to public records, she had $15,000 in savings in 2018, which should have been more than enough to pay for a $2,700 average apartment in Washington DC. She worked as a lead educational strategist and then Educational Director of the 2017 Northeast Collegiate World Series. AOC comes from humble beginnings, hence why she's endeared herself to so many Americans from all walks of life. An informed public is critical right now. She’s versed in the topics of social media, lifestyle, personal finance and travel. In September, conservative activist Charlie Kirk tweeted that an outfit Ocasio-Cortez wore in a photo shoot was expensive. Emmy has been studying celebrities careers, biographies, lifestyles, and net worths for over 3 years. A few broad-based funds are a simple way to build a diverse portfolio without needing to do further research on the risks and rewards of different stocks, bonds and other assets. AOC, for short, is the third most popular US politician on Twitter after Barack Obama and President Trump. The Democratic rep is a social media master and frequently trends for her no-nonsense responses to non-believers. Instead of shying away from her account balance, Ocasio-Cortez doubled down to tweet that she was newly insured and had recently purchased her first couch. Use a free financial tool like Personal Capital to track your cash flow, analyze your investments for excessive fees, manage your net worth, and plan for your retirement future all for free. And yet, it’s her lack of wealth that we’re focusing on instead of a much bigger problem in US politics: the fact that it’s often prohibitively expensive for people to run for office, and so wealthy Americans are more likely to hold the reins in government. Submit a correction suggestion and help us fix it. newsletter. She made about $26,600 in 2018. Given AOC doesn’t own property, and does not look like she owns any stock either, her current net worth is likely around $0 given her student loans cancel out her savings. We are continuing on our mission to inspire and motivate people around the world. She adds: “I also find conversations around self-care emotionally challenging when you come from an immigrant, poor, or working-class background.”. As a member of Congress, she receives $174,000 a year in salary. As an active member of the Democratic Socialists of America who also helped organize for Democratic presidential candidate Bernie Sanders in 2016, Ocasio-Cortez ran on a progressive platform — abolishing ICE. Alexandria Ocasio-Cortez is the rising star in the Democratic party. Your email address will not be published. She will also receive a $3000 living expense credit, health/insurance and retirement benefits. As Celebrity Net Worth notes, prior to moving into politics, Ocasio-Cortez was a bartender, a waitress, founded publishing firm Brook Avenue Press, and also worked as a lead educational strategist and subsequently the Educational Director of the 2017 Northeast Collegiate World Series. And with 3.62m followers on Twitter, it’s no surprise some of the older members are keen to listen to what she has to say. First, an Eddie Scarry tweet about how her clothing and bag “don’t look like a girl who struggles” got ratioed like few before it. All Right Reserved. Her work frequently appears in Business Insider, where she’s a lifestyle contributor. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). Donald Trump is trying to steal the 2020 election. Although she ostensibly feels like a newcomer, as The New York Times notes, AOC worked for Democratic senator Ted Kennedy of Massachusetts, primarily focusing on immigration issues, while studying at Boston University and was a prominent organizer for Bernie Sanders' 2016 presidential campaign. Given the average member of Congress has a median net worth of around $511,000 in 2020, Congress members are roughly five times wealthier than the median net worth of an American household of $97,300, according to the Federal Reserve. Because it’s not over. Ocasio-Cortez’s story is reflective of her base constituency in New York’s Bronx and Queens boroughs. Welcome to our community, and we are so grateful to have you here with us. The CNBC story then lays out how Ocasio-Cortez “stacks up to other millennials”: The median millennial has just $2,430 in savings. The average member of Congress has something like five times the net worth of the typical American household, so instead of talking about how little Ocasio-Cortez has in her bank account, it might be a good time to talk about how much her peers in Congress have in theirs. Rep. Alexandria Ocasio-Cortez, D-N.Y., was elected to Congress in November 2018, but it was three months before she started earning the six-figure salary of U.S. legislators. So in fact, Ocasio-Cortez is above the median compared to her generational peers. I want us to be that party again. As such, almost everything about her is constantly under scrutiny, from her Instagram habits to her policy positions. An average member of the U.S. Congress earns around … America is ignoring him. In 2012, Sam was able to retire at the age of 34 largely due to his investments that now generate roughly $250,000 a year in passive income. We have reached over 155 million views in the past 6 years, and amassed over 200,000 followers on social media. “I think we need to be a party that is first and foremost accountable to working-class people again, and to marginalized people,” she told the Progressive in September 2018. Actually, AOC is a perfectly typical late-20s Millennial. The 29-year-old democratic socialist and former bartender has been elected to represent New York’s 14th Congressional District — and she is perhaps the highest-profile incoming member of the next Congress. Required fields are marked *. You can help support our explanatory journalism, and keep it free for everyone, by making a financial contribution today. 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. ... WHAT IS BERNIE SANDERS’ NET WORTH? She earned $26,581 in 2017 from her job at a coffee shop/taqueria. As Celebrity Net Worth notes, prior to moving into politics, Ocasio-Cortez was a bartender, a waitress, founded publishing firm Brook Avenue Press, and also worked as a lead educational strategist and subsequently the Educational Director of the 2017 Northeast Collegiate World Series. Emmy has a big passion for helping others and motivating people. AOC is a self-proclaimed Democratic Socialist who likes to tell everyone she bartended for a living before becoming a congresswoman. Despite only having around $7,000 in savings, Ocasio-Cortez is actually fairing better than the median 30-year who has just $2,430 in savings, according to a story by CNBC in 2018. Alexandria Ocasio Cortez was … It’s hard to come up with a 20% downpayment in places like Washington D.C. and New York City, where AOC is based. She had no blind trusts for undisclosed assets. Leaning into what some would have called her Achilles heel — her age and apparent lack of wealth — scored Ocasio-Cortez major … As mutual funds are composed of other investments, volatility, returns and... Advertiser Disclosure: Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here. The cumulative wealth of all current members of Congress was at least $2.43 billion. ... whose net worth was listed at -$17.5 million because of debts and loans from his family’s dairy farm. Something noteworthy — and oddly hopeful — about the 2020 election: People are ignoring Trump’s antics. AOC also is a fan of democratizing access to investments that were once only available to the very wealthy. She is the face behind the net worth profiles here on Wealthy Gorilla. Spending $50,400 a year of her $174,000 a year salary seems like a reasonable amount. For a whole generation of women and girls, Alexandria Ocasio-Cortez is IT. The 30-year old self-proclaimed “Democratic Socialist” and former bartender is New York’s 14th Congressional District for 2020 and beyond. Wealthy Gorilla is one of the fastest growing self-development websites worldwide; with articles and stories covering everything from quotes, net worths, richest lists, self-development lessons, and more. Fox News subsequently pointed out that, according to public records, she had at least $15,000 in her savings, apparently making the case that the amount should be sufficient to foot the bill for a DC apartment, where the median rent is $2,700 per month. After graduation, she returned home and began working as a community organizer while moonlighting as a waitress and bartender to support herself. 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