Forbes reporter Kyle Khan-Mullins joined "Forbes Newsroom" to discuss Sen. JD Vance (R-OH) and his net worth.
READ MORE: https://www.forbes.com/sites/kylemullins/2024/07/16/heres-how-much-jd-vance-is-worth/
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READ MORE: https://www.forbes.com/sites/kylemullins/2024/07/16/heres-how-much-jd-vance-is-worth/
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NewsTranscript
00:00How much is J.D. Vance worth?
00:04Forbes is estimating that J.D. Vance is worth about $10 million.
00:08And where is this money coming from? Is a lot coming from Hillbilly Elegy?
00:13What are his assets? Break down the makeup.
00:17So, again, we just don't have a great picture of exactly how much he made from Hillbilly Elegy.
00:21We know roughly how many copies it sold, but book contracts differ, so it's just hard to know those numbers.
00:26What we do know is that his current assets, there's a lot of venture capital stuff in there,
00:31a lot of investments in different companies that he made when he was running his own venture capital firm,
00:35and some even when he was at other folks' venture capital firms before that.
00:41And then the other thing is he's got about $4 million worth of real estate.
00:45He's got a house in Cincinnati, a house in Washington, D.C., which he rents out,
00:48and a house in Alexandria, Virginia, that he bought shortly after getting elected to the Senate.
00:54Forbes' estimate is roughly $4 million of real estate, roughly $6 million of liquid assets
00:59from he and his wife's careers in the upper echelons of American business and law.