I've personally invested $810,000 in real estate crowdfunding to earn income 100% passive and diversify my real estate holdings. Gabriel is a real estate agent who sells homes in New York and Connecticut. 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. Alexandria Ocasio-Cortez - Bio, Net Worth, Age, Husband, Education Alexandria Ocasio Cortez. Alexandria Ocasio-Cortez moved back home after graduating college. Another site that shows all of her assets has her net worth at 100 thousand dollars. Ocasio-Cortez was born in the Bronx, New York City, on October 13 1989, to Blanca Ocasio-Cortez (ne Cortez) and Sergio Ocasio in a Catholic family. Ocasio and her family are catholic believers, and she has a young brother who is called Gabriel. Having grown up in a middle-class family, Alexandria Ocasio-Cortez knows the struggles of making ends meet. The opportunities to make lots of money for AOC is endless. She had to pay off her debt with a $300 payment per month, which she managed by working as a bartender. She and her boyfriend adopted a French bulldog in early 2020. Ocasio was born to Sergio Ocasio and Blanca Ocasio Cortez in Bronx Borough in New York City. She also still carries student loan debts. Given AOC doesn't own property, and does not look like she owns any stock either, AOC's current net worth is likely close to $100,000 as of January 4, 2022. After one year, Ocasio-Cortez will have boosted her net worth by $88,800 through savings alone. So should yours! No homes were listed. His website shows homes in Chappaqua and in Armonk, as well as in Westchester. Wow! The early life of Alexandria Ocasio-Cortez. on 13 October 1989, to Blanca Ocasio-Cortez and Sergio Ocasio. An example of data being processed may be a unique identifier stored in a cookie. Previously, conservative bloggers have claimed that the freshman lawmaker was an Ivy League product and Yorktown elitist whose father was a partner in a thriving architecture firm. Another great platform is CrowdStreet, which focuses on real estate opportunities in 18-hour cities. In her first financial disclosure, whichmembers of Congress are required to file, she reported she had a checking account, a brokerage account and a 401(k) plan collectively worth between $3,003 and $45,000. She also has 1.1 million followers on Facebook and has used these social media platforms as a means of communication. He ended up moving to New York to be with her. However, despite a court-ordered foreclosure judgment, Ocasio-Roman somehow kept the bank from seizing the Bronx condo. Also, she has been vocal about making progressive environmental reforms and also describes climate change as a great threat to the United States of America as well as the entire world in general. Lets check out Blanca Ocasio-Cortez Net worth income salary 2021 report details which is given below. Its a big world out there. While the plan gained support from several Democratic Senators like Bernie and Elizabeth Warren, and activists groups Sunrise Movement and Greenpeace, Republicans lawmakers did not voice support. While she can still speak and understand Spanish, the Congress member has to improve and keep working at it continuously. After the victory in the primaries, she went on to face the Republican nominee, Anthony Pappas, in the November general election. In a court filing, Ocasio-Roman described his company as a certified Minority Business Enterprise.. She has also supported abolishing the ICE (US Immigration and Customs Enforcement) and the decriminalization of immigrants. Father: Sergio Ocasio Roman Mother: Blanca Ocasio Cortez: Spouse: Riley Roberts (boyfriend) Kids: N/A: Alexandria Ocasio-Cortez Contact Details. He said that the Westchester home his parents bought was modest and that the family struggled financially to be able to afford it: I owned & sold that home. I will leave it to the readers to answer that question as I do not wish to become a target of the current administration. AOC's net worth is mainly made up of her annual salary as a congresswoman, which is . Getty In her most recent financial disclosure . For example, investing in real estate crowdfunding enables you to buy buying a piece of commercial real estate. AFTER VOTING, NYC #MuslimBan protests start at 6pm. She attended the Yorktown High School and graduating in . Alexandria is engaged to Riley Roberts, a web developer, and they live in Parkchester, Bronx. Her Age (age 31 years; as in 2020) Alexandria Ocasio Cortez height? The more you can save and invest, the higher your net worth will grow as your money compounds over time. You cansubscribe to our print edition, ad-free app or electronic newspaper replica here. A post shared by Alexandria Ocasio-Cortez (@ocasio2018) on Jan 2, 2017 at 3:04pm PST, Sergio Ocasio was born and raised in New York City. In February 2013, the Parkchester South board filed a $2003 lien against Sergio for unpaid common charges. He owns properties in San Francisco, Lake Tahoe, and Honolulu. But, her net value is reported to increase in the future. The company, now closed, specialized in building and land inspection services, and also provided landscape contractors and lawn maintenance, architectural services, and engineering services. 18-hour cities are fast-growing cities with much lower valuations than 24-hour cities like NYC. Dont you geniuses understand her net salary opposed to gross salary and life expenses? They only have citizenship/age/residency requirements. In April 2018, a disclosure filed by Ocasio-Cortez revealed that she had between $1,000 . e=2;eFact check: Rep. Alexandria Ocasio-Cortez's net worth doesn't top $1M . $174,000 is a very healthy paycheck for anybody in America, not to mention for a 32-year old. Alexandria Ocasio Cortez was born in the New York City borough of the Bronx on the 13 October 1989, the daughter of Sergio Ocasio Roman and Blanca Ocasio Cortez. AOC Net Worth. Terrible winter drafts, leaky roof, etc. Instagram. All Rights Reserved, 50 Cent Net Worth: Real Name, Biography, Wiki, Career, Income, Terry Lee Flenory Biography, Wiki, Career, and Net Worth, Shacarri Richardson Biography, Education, Career, Girlfriend, Income, and Net Worth, Sabrina Peterson Net Worth: Biography, Education, Income, Business, Personal Life, Wiki, Chase B Biography, Career, Height, Salary, Earnings, Net Worth, Sergio Ocasio-Cortez and Blanca Ocasio-Cortez, Yorktown Heights and Boston University (BA). LOVE that ROI ( ummm return on investment). 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. In 2021, Forbes estimated Harris and her husband, Doug Emhoff, were worth about $7 million. 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. What kind of delusional puppet are you? This article was produced by the Reuters Fact Check team. Alexandria Ocasio-Cortez's Political Journey, Tenure As Member of House of Representative, Alexandria Ocasio-Cortez Biography - Politician, 5 Richest Celebrity Bodyguards - Look At How Much Their Salary Is, Top 5 Richest Polo Players Alongside Their Net Worth, Here Is The List Of 5 Lowest Paid NBA Players In 2022-2023, Due to her high school project about the effects of antioxidants on. The deed to Ocasio-Cortezs apartment remains in her late fathers name, while the quarterly property tax bill is now mailed to her mothers new home north of Orlando, Florida. Alexandria Ocasio-Cortez Net Worth is $5 Million US Dollars. She also made decisions not to receive donations from corporations. Submit a correction suggestion and help us fix it! In addition to her earnings as a congresswoman, Alexandria Ocasio-Cortez's net worth might also include the income from her merchandise sales. Ocasio's father died suddenly in 2008, at 48 years old, due to cancer. Posts on social media and articles have claimed that Ocasio-Cortez has a net worth of $29 million (here), (here), (here), (here), (here), (here), (here), (here), (here), often including a list of supposed assets. Fact Check-No evidence Alexandria Ocasio-Cortez has a net worth of $29 Besides the Green New Deal, Ocasio-Cortez has also proposed a marginal tax of around 70% on income above $10 million. Its not hard to generate wealth with investments. U.S. House of Representatives Press Gallery, accessed Aug. 11, 2022. At least 16 members of Congress, including Rep. Alexandria Ocasio-Cortez, were arrested outside the Supreme Court during an abortion rights protest. She makes way too much money and needs to give the money to people who are struggling for food and clothing. She participated in the Lorenzo de Zavala Youth Legislative Session during high school, organized by National Hispanic Institute. Thank you Kerri! The 864-square-foot residence has two bedrooms and cost $87,000. Spending $50,400 a year of her $174,000 a year salary seems like a reasonable amount. Multiple fact checks show that to be false. Sergio Ocasio founded a company called Kirschenbaum Ocasio-Roman Pc. a.prototype.disablePlaylistPlayers=function(b){if(!b||p(b))this.video=!0,this.locations.add("Video"),this.reasons.add("video_page")};a.prototype.urlHasEmail=function(b){return b?null!==/([A-Z0-9._%+-]+(@|%(25)*40)[A-Z0-9.-]+\. 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). Growing your net worth is all about widening the gap between income and expenses. AOC is a member of the Democratic Socialist Party and believes in socialism and the equitable distribution of wealth (according to things shes been quoted as saying). In 2016, Alexandria worked as an organizer for Bernie Sanders presidential campaign. Rep. Ocasio-Cortez, other Dems arrested during abortion rights protest. a tad, drugs POURING in, youth dying of drug overdoses(open Article by ebiographypost.com All right reserved. They currently generate roughly $300,000 a yearin passive income. She serves as the United States Representative for New Yorks 14th Congressional district. The outlet reports that Ocasio-Cortez's father chose to move the family to the suburb in 1991 because of the "good school districts" in the area school districts which didn't exist in the Bronx. The sales price was actually $3000 less than when the home last sold in 2004. Joining the Brand New Congress resulted in Alexandria competing in New York's 14th congressional district election in 2018. Exactly WHAT investments turn a hundred grand into a million in only a couple of years??? She also worked for a non-profit organization called National Hispanic Institute. In the past 24 months, Alexandria Ocasio-Cortez has received over $7 Million in direct and indirect donations from such parties., Just Googled it and it says its true! In reality, we don't know how rich AOC is. Copyright 2023 The Inquisitr. She even attended protests at ICE child-detention centers. A difficult task for many. Forbes has . Alexandria Ocasio-Cortez is an American politician and activist who serves as the U.S. Representative for New York's 14th congressional district. As of March 2023, Ocasio Cortez Net Worth . She found out that politics was more easily accessible than she had thought. 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. 3.5x 174,000 = 609000. She earned over 57% of the vote in the primary elections, which many media outlets regarded as the biggest upset victory in the 2018 midterm election primaries. Joe Crowley was also in the race as the nominee from the Working Families Party (WFP) and Women's Equality Party. However, her college experience took a sour turn since she lost her father during her second year and faced a legal battle regarding his estate. She came 2nd in the Microbiology category of the Intel International Science and Engineering Fair in 2007. The consent submitted will only be used for data processing originating from this website. Let's get to know who Alexandria Ocasio-Cortez is and her journey to becoming one of the youngest women to serve in the US Congress. After being sworn in last month as the youngest woman to ever serve in Congress, Ocasio-Cortez made reference in an Instagram post to her familys financial struggles, a trauma that appears to linger. Similarly, she has a younger brother, Gabriel Ocasio-Cortez. Ocasio-Cortez has a gross net worth of $1.5 million, plus investment, endorsements, salary, and savings. 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. 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. In addition, she has been very vocal about granting citizens of Puerto Rico further civil rights, including disaster relief and voting rights. Over the following years, Ocasio-Roman and his wife were served with three separate judgments--totaling about $10,000--from the New York State Department of Taxation and Finance. AOC also is a fan of democratizing access to investments that were once only available to the very wealthy. USA TODAY reached out to several users who shared the claim for comment. Alexandria Ocasio-Cortez is the rising star in the Democratic party. Sergio, was an architect. After finishing high school, she enrolled in Boston University, obtaining a degree in international relations and economics. About the Author:Sam started Financial Samurai in 2009 as a way to make sense of the financial crisis. I watched my parents skip dinner so we could eat. . With part of the sale proceeds, the family paid off the balances on the propertys two mortgages. Her victory received a lot of attention from the media. 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. The MBE designation is given to firms whose stock--at least 51 percent--is owned by members of designated minority groups. Similarly, She is American by nationality and belongs to White . 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. AOC's Financial Struggles Were Very Real | The Smoking Gun Follow us on Facebook! She was a write-in candidate in New York's 15th congressional district but declined the nomination. People may receive compensation for some links to products and services on this website. (5 w/o family). 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. They married + moved to NYC she didnt even speak English. That would be a net worth killer. Alexandria Ocasio-Cortez's Family: 5 Fast Facts You Need To Know He spends time playing tennis, taking care of family, andwriting online to help others achieve financial freedom. 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. "addensity";a.FooterCloseButton="footerclose";a.Interstitial="interstitial";a.RemoveVideoTitleWrapper="removevideotitlewrapper";a.StickyOutstream="stickyoutstream";a.StickyOutstreamOnStickyPlayer="sospp";a.VideoAdvancePlaylistRelatedPlayer="videoadvanceplaylistrp";a.MobileStickyPlayerPosition="mspp"})(z||(z={}));g=function(){function a(){this._timeOrigin=0}a.prototype.resetTimeOrigin=function(){this._timeOrigin=window.performance.now()};a.prototype.now=function(){try{return Math.round(window.performance.now()- The district comprises some parts of North-Central Queens and the Eastern part of the Bronx in New York. It appears he used part of the variable rate loan (which started at 8.25 percent) to pay off the mortgage on the Bronx condo he financed years earlier with an onerous 11.875 percent loan. Since then, Riley Roberts has been a pillar of strength and support for Alexandria Ocasio-Cortez. The district includes the eastern part of the Bronx and portions of north-central Queens in New York City. Sergio Ocasio, Alexandrias Father: 5 Fast Facts, Copyright 2023 Heavy, Inc. All rights reserved. She graduated in 2007, the same year she placed second in the Intel International Science and Engineering Fair in the microbiology category.

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