By From Bronx to Capitol Hill: Tracing Alexandria Ocasio-Cortez’s Net Worth
From the gritty streets of the Bronx to the hallowed halls of Capitol Hill, Alexandria Ocasio-Cortez has undoubtedly become one of America’s most prominent political figures. With her fiery speeches and progressive policies, she has captured both admiration and controversy in equal measure. But amidst all the debates and headlines, one burning question remains: what is Alexandria Ocasio-Cortez’s net worth? Today, we embark on a fascinating journey to trace her financial journey from humble beginnings to her current status as a force to be reckoned with in American politics. Get ready for an eye-opening exploration that will challenge assumptions and shed light on the true story behind this rising star’s wealth.
Introduction to Alexandria Ocasio-Cortez
Alexandria Ocasio-Cortez is an American politician and member of the Democratic Party. She serves as the U.S. Representative for New York’s 14th congressional district. The district includes parts of the Bronx and Queens.
Ocasio-Cortez was born in the Bronx, New York City, to a mother from Puerto Rico and a father from the Bronx. Her father died when she was young, and her mother worked multiple jobs to support the family. Ocasio-Cortez graduated from Boston University with a degree in economics and international relations. After college, she returned to the Bronx and worked as a community organizer with the National Hispanic Institute.
In June 2018, Ocasio-Cortez won a primary election against incumbent Democratic representative Joe Crowley. She ran on a progressive platform, calling for Medicare for All, abolishing ICE, and implementing a Green New Deal. She went on to win the general election in November 2018, becoming the youngest woman ever elected to Congress at age 29.
In Congress, Ocasio-Cortez has been an outspoken critic of Donald Trump and his administration’s policies. She is also a member of the House Oversight Committee and chair of the House Administration Committee’s Subcommittee on Civil Rights and Civil Liberties.
Overview of AOC’s Financial Journey
From Bronx to Capitol Hill: Tracing Alexandria Ocasio-Cortez’s Net Worth
In just a few short years, Alexandria Ocasio-Cortez has gone from being a bartender in the Bronx to one of the most powerful women in American politics. Along the way, she’s amassed a considerable net worth – but how did she do it?
AOC’s financial journey began when she won her election to the House of Representatives in 2018. She was just 29 years old at the time, making her the youngest woman ever elected to Congress. Her victory was something of a surprise, as she’d unseated a 10-term incumbent in the Democratic primary.
Since then, AOC has become one of the most high-profile members of Congress, thanks in part to her progressive policies and willingness to take on powerful interests. She’s also become a prolific fundraiser, bringing in over $1 million for her reelection campaign in 2020.
All of this has helped increase AOC’s net worth, which is now estimated to be around $1.9 million. Not bad for someone who started out as a bartender!
How She Started Making Money in Politics
In college, Alexandria Ocasio-Cortez interned for the late Senator Ted Kennedy. After graduation, she worked as a community organizer in the Bronx. In 2016, she was a campaign organizer for Bernie Sanders’ presidential bid. It was during this time that she began to develop her own political aspirations.
In 2017, Ocasio-Cortez ran for office in New York’s 14th congressional district and defeated incumbent Joe Crowley in the primary election. She went on to win the general election and became the youngest woman ever elected to Congress.
During her time in office, Ocasio-Cortez has been a vocal advocate for progressive policies such as Medicare for All and the Green New Deal. She has also been a major critic of President Donald Trump. In 2019, Forbes estimated her net worth to be $1.8 million.
Her Investment Portfolio
Before her election to the House of Representatives, Alexandria Ocasio-Cortez was working as a bartender and waitress in New York City. Her salary was $50,000 a year. In 2016, she paid $27,653 in federal taxes and $3,497 in state taxes. After her election to Congress, her salary increased to $174,000 a year. In 2018, she paid $29,601 in federal taxes and $12,781 in state and local taxes.
Ocasio-Cortez has invested her money primarily in index funds and savings accounts. She has said that she is not “a huge fan of individual stocks” because she does not have the time to research them properly. However, she did invest in three individual stocks in 2019: Amazon (AMZN), Facebook (FB), and Google (GOOGL). As of April 2020, her investment portfolio was valued at between $50,000 and $100,000.
Real Estate Holdings
Alexandria Ocasio-Cortez’s net worth is estimated to be around $1 million. Her primary source of income is her salary from her job as a U.S. Representative for New York’s 14th congressional district.
In addition to her salary, Ocasio-Cortez also has some real estate holdings. She owns a two-bedroom condo in Yonkers, New York, which she purchased in 2017 for $355,000. She also has a rental property in the Bronx, which she has owned since 2012.
Estimating Her Net Worth
Alexandria Ocasio-Cortez’s net worth is estimated to be around $1 million. She has made most of her money from her work as a bartender and waitress, but she also has made money through investments, real estate, and other business ventures.
Ocasio-Cortez’s bartending and waitressing jobs were at some of the most popular restaurants in New York City. She was able to save up a significant amount of money from these jobs, which she then used to invest in real estate and other businesses.
Ocasio-Cortez’s real estate investments have been particularly successful. She owns several properties in the Bronx, including an apartment building that she rents out to tenants. These investments have helped her grow her net worth significantly.
In addition to her work as a bartender and waitress, Ocasio-Cortez has also worked as a political organizer and educator. She has been paid for these services, which has also contributed to her overall net worth.
Conclusion
Alexandria Ocasio-Cortez’s net worth is an inspiration to many of us, particularly those who come from humble backgrounds and dream of rising up in society. Her journey, from an ordinary Bronx resident to one of the most influential women in US politics today, serves as a reminder that with hard work and dedication, anything can be achieved. We wish her all the best for her future endeavors and look forward to seeing what she will accomplish next!