At 40, J.D. Vance has made history as one of the youngest Vice Presidents, bringing with him a diverse journey from his working-class roots to national leadership. Alongside his wife, Usha Chilukuri Vance, he attended the inauguration on January 20, marking the start of his tenure. As he steps into this new role, many Americans are eager to learn more about his background, career, and financial standing.
According to Forbes, J.D. Vance's net worth is estimated to be around $10 million—a significant achievement considering his humble beginnings. The publication notes that this wealth firmly places him in elite circles that his younger self might have once found unfamiliar. A substantial portion of his assets, approximately $4 million, is tied to real estate investments. Here's a closer look at how his wealth is distributed.
Salary as the Vice President of United States of AmericaAs Vice President of the United States, J.D. Vance will earn an annual salary of $235,100, as reported by the National Taxpayers Union Foundation (NTUF). Previously, during his tenure as a U.S. Senator from Cincinnati, he received $174,000 per year. His new role comes with a 35% salary increase compared to his earnings in the Senate.
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J D Vance’s memoirJ.D. Vance's memoir has continued to generate significant earnings over the years. In his 2023 Senate financial disclosure, he reported approximately $55,000 in royalties, down from the $121,000 he earned in 2022. By July 2024, the book had sold nearly 2 million copies, according to Axios, reflecting its lasting impact and popularity.
Real estateIn August 2014, J.D. and Usha Vance purchased a home in Washington, D.C., for $590,000, financing it with a loan of approximately $600,000. Forbes reports that the property is now valued at around $850,000, with an estimated $480,000 still owed—the only notable debt on their financial records. The couple currently rents out the home and, in 2022, earned between $15,000 and $50,000 in rental income from the property.
In 2018, J.D. and Usha Vance purchased a home in Cincinnati's East Walnut Hills neighborhood for $1.4 million, which has since appreciated to approximately $1.8 million. Following his election to the Senate, Vance acquired another property—a 2,500-square-foot home in Alexandria, Virginia—for $1.6 million. That home, too, has increased in value and is now estimated to be worth around $1.8 million.
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His investmentsAccording to The Washington Post, J.D. Vance’s 2023 Senate financial disclosure valued his investment holdings at over $600,000. He also reported having several hundred thousand dollars in savings, millions invested in mutual funds, and cryptocurrency assets ranging between $100,000 and $250,000.