Donald Trump announced on Monday that his running mate is Ohio Senator JD Vance. This is great news for the cryptocurrency market.
JD Vance invests in bitcoin
We’re back on the American political scene again. On Monday, Donald Trump announced that his running mate is Ohio Senator JD Vance. What should interest you the most, however, is that Trump’s associate is not just a politician. He’s also an investor who owns… bitcoins!
Celebrity Net Worth took a closer look at the senator’s net worth. His financial disclosure statement shows that he may have over $5 million in total assets (the document provides approximate values).
Vance has bitcoins that he estimates are worth between $100,000 and $250,000. He also holds Walmart stock (between $50,000 and $100,000). He also has shares in Goldman Sachs and the QQQ Exchange Traded Fund, which are worth another $2 million.
His total net worth may be around $5.6 million.
However, it is not only his stock market investments that bring him profits. He also wrote an autobiography entitled Elegy for the poor. He published it in 2016, and in 2021 alone, it earned him $475,000. However, this was probably influenced by the fact that the novel was adapted into a film by Netflix in 2020, which certainly increased the book’s sales.
As a senator, he earns $174,000 a year (monthly salary of $14,500). If he manages to become vice president, he will receive slightly more – $19,500. It is worth adding that this is not a lot of money. At least for the responsibility that rests on such an official.
Controversial candidate
Vance, 39, began his political career recently, in 2020. He previously worked in the financial industry.
On the one hand, his selection as vice presidential candidate is a surprise. A few years ago, he was the one who said about Trump that he had the potential to become “the American Hitler.”
Today, however, Vance is a supporter of the former president. On the issue of international politics, he is even more extreme than Trump. The latter claims that he will be able to quickly end the war in Ukraine. Vance goes a step further and during one interview said that he “doesn’t care” what happens to Kiev.
The views of a potential vice president are important. Remember that if the president dies during his term, his deputy becomes head of state and completes his term.