As Celebrity Net Worth notes, prior to moving into politics, Ocasio-Cortez was a bartender, a waitress, founded publishing firm Brook Avenue Press, and also worked as a lead educational strategist and subsequently the Educational Director of the 2017 Northeast Collegiate World Series. She splits her time between Washington, D.C., and her constituency in the Bronx. Until more members of Congress have the perspective of Ocasio-Cortez, it’s likely our policies will continue to reflect the interests of the wealthy. She also makes the point that self-care is often demonized, and social values “working hard” over anything else. I want $7000, how do I get $7000? Joe Biden, if he wins, doesn’t have many options to force out Trump. “We were very clear about our message, very clear about our priorities and very clear about the fact that even if you’ve never voted before we are talking to you.”, In February 2019, Ocasio-Cortez and Massachusetts Senator Ed Markey introduced a resolution outlining the scope of a “Green New Deal.”. Here are some of the best highlights of Alexandria Ocasio-Cortez’s career: “There is no such thing as talking about class without there being implications of the racial history of the United States. 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. The median minimum net worth of all members of Congress was $511,000. You can help support our explanatory journalism, and keep it free for everyone, by making a financial contribution today. The CNBC story then lays out how Ocasio-Cortez “stacks up to other millennials”: The median millennial has just $2,430 in savings. Keep reading to see what Ocasio-Cortez is worth. You can help by supporting Vox's explanatory journalism with a financial contribution today. Conan O’Brien is an American television host, comedian, writer, and producer from Massachusetts. AOC is a self-proclaimed Democratic Socialist who likes to tell everyone she bartended for a living before becoming a congresswoman. As of 2020, Conan O’Brien’s net worth is roughly $95 Million dollars. She added that the underlying message “is that if working people own anything beyond the bare minimum, then they’re not really struggling.”. If Ocasio-Cortez can remain in Congress for nine years and maintains her spending habits, she will likely have over a $1,000,000 net worth by the time she is 39 years old. Not many people can afford to spend $73,000 a year to attend university. Your email address will not be published. A Look at Alexandria Ocasio-Cortez’s Finances as Her Star Rises in the Democratic Party. Her father was born in the Bronx to a Puerto Rican family and became an architect, while her mother was born in Puerto Rico. Spending $50,400 a year of her $174,000 a year salary seems like a reasonable amount. These offers do not represent all available deposit, investment, loan or credit products. Stephanie is a New York City-based writer. First, an Eddie Scarry tweet about how her clothing and bag “don’t look like a girl who struggles” got ratioed like few before it. Use a free financial tool like Personal Capital to track your cash flow, analyze your investments for excessive fees, manage your net worth, and plan for your retirement future all for free. Despite only having around $7,000 in savings, Ocasio-Cortez is actually fairing better than the median 30-year who has just $2,430 in savings, according to a story by CNBC in 2018. These offers do not represent all available deposit, investment, loan or credit products. I want us to be the party that said it would go to the moon, and did. As an active member of the Democratic Socialists of America who also helped organize for Democratic presidential candidate Bernie Sanders in 2016, Ocasio-Cortez ran on a progressive platform — abolishing ICE. Then a CNBC tweet meditating on the less than $7,000 in her savings account received similar backlash. However, before she was a bartender, she went to Boston University, one of the most expensive private universities in the country. The results are fact checked and confirmed by a team of editors and industry insiders. We have reached over 155 million views in the past 6 years, and amassed over 200,000 followers on social media. He spends time playing tennis, taking care of family, and writing online to help others achieve financial freedom. She was named the 2017 National Hispanic Institute Person of the Year. Instead, you can invest in real estate across the country with lower valuations and higher net rental yields through crowdfunding. One of the biggest question marks is what is Alexandria Ocasia-Cortez’s net worth? Vox’s Gaby Del Valle recently delved into what’s going on with conservatives’ obsession with Ocasio-Cortez’s clothes and money: The message implied here is twofold: Not only is Ocasio-Cortez lying about her working-class background, but she’s living large while espousing democratic socialist policies. In other words, Ocasio-Cortez can continuously save roughly $7,400 a month in after-tax income as long as she keeps her spending at $4,200 a month and stays on as a Congresswomen. Ocasio-Cortez lived with her family in an apartment in the Bronx neighborhood of Parkchester. The more you can save and invest, the higher your net worth will grow as your money compounds over time. Yes, having the discipline to save 50% of her gross income is aggressive when the average American only saves about 6%, however, AOC was recently making less than $30,000 as a bartender, and she doesn’t want to be seen as living high on the hog now that she’s in Congress. He is best known for hosting several late-night talk shows; since 2010, he has hosted Conan on the cable channel TBS. His view may be more closely aligned with Sen. Elizabeth Warren's proposed tax policy that focuses on taxing net worth on households worth more than $50 million. Given the average member of Congress has a median net worth of around $511,000 in 2020, Congress members are roughly five times wealthier than the median net worth of an American household of $97,300, according to the Federal Reserve. See the chart below by the US Bureau of Census. The same disclosure showed that in 2017 she earned $26,581 working at a coffee shop/taqueria. Did this article teach you something new? She was named the 2017 National Hispanic Institute Person of the Year. Your bank account shouldn’t be a requirement for participating in democracy. After one year, Ocasio-Cortez will have boosted her net worth by $88,800 through savings alone. Manafort now faces an additional 43 months in prison. Given AOC doesn’t own property, and does not look like she owns any stock either, her current net worth is likely around $0 given her student loans cancel out her savings. Ocasio-Cortez is the exception to the rule when it comes to the typical congressional profile: She’s a young woman, she’s Latina, and she comes from a pretty average background. According to an April 2018 disclosure filed by the congresswoman, AOC had between $1,000 and $15,000 in savings, between $15,000 and $50,000 in her checking account, and up to $50,000 racked up in student loan debt. As of 2020, Alexandria Ocasio-Cortez’s net worth is roughly $100 Thousand dollars. And that work takes resources. “I think we need to be a party that is first and foremost accountable to working-class people again, and to marginalized people,” she told the Progressive in September 2018. The district includes the eastern part of the Bronx and portions of north-central Queens in New York City. So in fact, Ocasio-Cortez is above the median compared to her generational peers. Welcome to our community, and we are so grateful to have you here with us. Alexandria Ocasio-Cortez Net Worth: $100,000 She’s not rich, but she didn’t rely on smoke and mirrors to inflate her stature or campaign. An informed public is critical right now. As a member of Congress, she receives $174,000 a year in salary. “I don’t want that to be something that we just talk about, but something that we are about. The median net worth of all members of Congress was $511,000 in 2018, five times the median net worth of an American household of $97,300 in … With less than three months on the job, Ocasio-Cortez, 29, has become the modern face of the political left. Alexandria Ocasio-Cortez wealth disclosures and salary: An April 2018 disclosure filed by Alexandria showed that she had between $1000 and $15,000 in savings, between $15,000 and $50,000 in checking and as much as $50,000 worth of student loan debt. Kind of strange going to such a school given she’s a Democratic Socialist. Given the average member of Congress has a median net worth of around $511,000 in 2020, Congress members are roughly five times wealthier than the median net worth of an American household of $97,300, according to the Federal Reserve. She worked as a lead educational strategist and then Educational Director of the 2017 Northeast Collegiate World Series. The average member of Congress has something like five times the net worth of the typical American household, so instead of talking about how little Ocasio-Cortez has in her bank account, it might be a good time to talk about how much her peers in Congress have in theirs. Now that you know all about Alexandria Ocasio-Cortez’s net worth, and how she achieved success; let’s take a look at some of the lessons we can learn from her: Ocasio-Cortez stresses the need to take time for yourself, otherwise, you’ll burn out. Alexandria Ocasio-Cortez is the rising star in the Democratic party. You can click on any of the buttons below to follow us on our social media channels; or to get in touch with the founder, Dan Western, head over to the 'contact' page. Get weekly email updates, including expert advice to help you Live Richer™. All Right Reserved. Whatever she chooses to do, the NYC native is destined for bigger and better things. Alexandria Ocasio-Cortez is an American politician and activist who serves as the U.S. Representative for New York’s 14th congressional district. Primary source of income: Congressional salary Where the rest of her $15,000 in savings went, it’s hard to know. On July 10, 2019 during a House Committee on Financial Services on Capital Hill, she revealed in a statement that she still has $19,000 in student loan debt. As Stylist notes, Ocasio-Cortez is just as popular for standing up for what she believes in as she is for sharing her beauty routine.