Home Mutual Funds What Is J.D. Vance’s Net Worth?

What Is J.D. Vance’s Net Worth?

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Key Takeaways

  • J.D. Vance is running for vice president on former president Donald Trump’s ticket in the 2024 election.
  • Vance is a Republican senator from Ohio who was elected in 2022.
  • Vance is an author, venture capitalist, and investor with an estimated net worth of $10 million, according to Forbes.
  • Vance wrote a best-selling memoir in 2016 called “Hillbilly Elegy” about his upbringing in a small town in Ohio.

Ohio senator J.D. Vance is running for vice president in the 2024 election.

Former President Donald Trump announced Vance as his running mate on July 15 at the Republican National Convention in Wisconsin. Vance is a Republican senator from Ohio, who was elected in 2022 and sworn into office in January 2023.

Born and raised in Middletown, Ohio, Vance joined the Marine Corps and served in the Iraq War before graduating from Ohio State University and Yale Law School. He is married to lawyer Usha Vance—the couple met in law school and have three children together.

Vance is an author, venture capitalist, and investor, with an estimated net worth of $10 million according to Forbes. Here is how Vance made his millions.

J.D. Vance’s Book ‘Hillbilly Elegy’

Before he entered politics, Vance was known for his best-selling memoir, “Hillbilly Elegy” about his upbringing in a small town in Ohio.

The book became a New York Times Bestseller, hitting number one on the list a few months after its release in 2016. It has sold 1.6 million copies total as of early July, according to Axios. Following the announcement of Vance as Trump’s VP pick, his memoir climbed to the top of Amazon’s Best Sellers chart. Vance netted more than 121,000 in royalties in 2022, according to his most recent financial disclosure.

The book was also turned into a Netflix film in 2020, starring Glenn Close and Amy Adams. The film was on Netflix’s list of top 10 movies in the U.S. for the week of July 15, according to The Hollywood Reporter.

Businesses and Investments

Vance’s investments include cryptocurrency, stocks, and real estate.

Vance held Bitcoin worth between $100,001 and $250,000, according to his latest financial disclosure report which covers the 2022 calendar year.

Vance also has his own venture capital firm, Narya Capital Management, and another business, JD Vance Enterprises, which holds investments and promotes his speaking and writing engagements and media appearances.

Vance’s investments include Walmart stock worth between $50,001 to $100,000, shares in Invesco QQQ ETF worth $500,001 to $1 million, and shares in video platform Rumble Inc., worth $100,001 to $250,000. Rumble Inc. is partnered with Trump’s Truth Social Platform, according to Forbes.

Vance also owns three homes—in D.C., Ohio, and Virginia—worth $4 million in total, according to Forbes.

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