Senator JD Vance of Ohio on Tuesday presented a snapshot of his finances showing how much wealth he has earned after publishing a best-selling book and a brief stint in venture capital.
The Republican vice presidential nominee’s legally required FEC form is far less cumbersome than his running mate’s previous disclosures. Former President Donald Trump’s 2023 report totaled over 100 pages. Trump has requested two extensions for his 2024 report. His latest deadline is later this week.
Vance’s disclosure shows roughly the same assets as he reports in his separately requested Senate finance report. Based on the lowest estimates, Vance and his wife, Usha Vance, have assets of at least around $4 million. They also report having at least a $250,000 mortgage and a $500,000 line of credit with Charles Schwab.
Their largest assets include at least $1 million in an Invesco Q index fund, several ETFs valued at least $500,000, and at least $250,000 in Bitcoin. Vance also values his stake in his company, Narya Capital, at at least $500,000. Vance was a partner at Narya until December 2022, when he resigned following his election to the U.S. Senate.
Officials are required to report their assets and liabilities only in rough figures, making accurate estimates of their net worth difficult. Vance is also not required to estimate the value of his primary residence. In July, Forbes estimated Vance’s net worth at about $10 million.
A spokesperson for Vance did not immediately respond to Business Insider’s request for comment.
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