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Like many Americans, Alexandria Ocasio-Cortez also came out of college with a degree and a $25,000student loan. The deed was signed by Sergios widow and his two children. T wi t t er . Alexandria Ocasio-Cortez Net worth. Well anyone can say/write it but where is the proof. After being sworn in last month as the youngest woman to ever serve in Congress, Ocasio-Cortez made reference in an Instagram post to her familys financial struggles, a trauma that appears to linger. The mortgage-free Unionport Road apartment has been Ocasio-Cortezs post-college home. His death threw the family into turmoil. 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. Alexandria Ocasio-Cortez Married Status, Partner, Net Worth, 2020 She owns no stocks and no propertys or businesses. Cortez has a younger brother named Gabriel. Either She is engaged, married, or in any relation? What personal expenses do you believe are covered by the taxpayers>? There was no blind trust for undisclosed assets. In a final asset inventory prepared by Blanca in 2012, the Westchester home is listed and valued at $300,000, while two autos are said to be worth $20,000. Alexandria Ocasio-Cortez moved back home after graduating college. Alexandria Ocasio Cortez. After one year, Ocasio-Cortez will have boosted her net worth by $88,800 through savings alone. We and our partners use cookies to Store and/or access information on a device. Alexandria Ocasio-Cortez (AOC) was born in New York City on October 13, 1989, to the family of Sergio Ocasio-Cortez and Blanca Ocasio-Cortez. Similarly, she has a younger brother, Gabriel Ocasio-Cortez. What a gal!! That all is a far cry from the hard-knock life that Ocasio-Cortez claims to have had. Even as a new candidate, she managed to capture the attention of progressive organizations like Democracy for American and Move On. Since she started serving as a member of the House of Representatives, she has earned a considerable sum. Though headed by a white-collar professional, Ocasio-Cortezs family (seen above in a mid-90s snapshot) was middle class-adjacent and not unfamiliar with significant financial pressures, a situation with which many American families can relate. Alexandria Ocasio-Cortez's victory as a first-time candidate in 2018 thrust her into the spotlight. $174,000 is a very healthy paycheck for anybody in America, not to mention for a 32-year old. Based on our research, we rate FALSE the claim that Ocasio-Cortez has a net worth of $29 million. Sergio Ocasio, Alexandrias Father: 5 Fast Facts, Copyright 2023 Heavy, Inc. All rights reserved. About the Author:Sam started Financial Samurai in 2009 as a way to make sense of the financial crisis. Alexandria Ocasio (AOC) also owns an investment portfolio of 11 stocks that is valued at $15 Million., Alexandria Ocasio-Cortez (AOC) attracts high donations and gifts from wealthy businesses and Wall Street investors. Total Blanca Ocasio-Cortez Net Worth in 2021 $1 Million - $5 Million (Approx.) Alexandria Ocasio-Cortez was raised by her Bronx-born father and Puerto Rico-born mother. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. At 29, AOC became the youngest member of the 116th Congress and the youngest woman in American history to serve in the U.S Congress. After winning the 2018 election, Alexandria assumed office in January 2019 and made her first speech on the Congress floor the same month. During this period, Ocasio-Roman added to his real estate portfolio when he purchased with his partner a second Parkchester South apartment for $25,000 cash (the unit was used as their office). She defeated the Republican nominee, John Cummings, and is the incumbent representative for New York's 14th congressional district. Another site that shows all of her assets has her net worth at 100 thousand dollars. By the time AOC is 45, she will undoubtedly become a multi . Ocasio was born to Sergio Ocasio and Blanca Ocasio Cortez in Bronx Borough in New York City. He spends time playing tennis, taking care of family, andwriting online to help others achieve financial freedom. "string"===typeof e[0]&&f.push(e.shift());l.push.apply(l,k([],h(e),!1));try{Function.prototype.apply.call(b,console,k([f.join("")],h(l),!1))}catch(A){console.error(A)}};return a}());g=function(){function a(b){this.adthrive=b;this.video=this.recipe=this.content=this.all=!1;this.locations=new Set;this.reasons=new Set;if(this.urlHasEmail(window.location.href)||this.urlHasEmail(window.document.referrer))this.all=!0,this.reasons.add("all_email");try{this.checkCommandQueue(),null!==document.querySelector(".tag-novideo")&& At the same time, she proposed various reforms that would impose more taxes on the wealthy to help fund the Green New Deal. After college, she briefly worked as a waitress and bartender to help her mother and family from getting their Yorktown house foreclosed on. Alexandria Ocasio-Cortez Under Fire For Lying About Her Wealthy Background Border), rape and murder of birthing people (umm. , the company had a sales volume of 500,000 and six employees. Nevertheless, we hope that one day we will recognize Riley as Congresswoman Alexandria Ocasio-Cortez's husband. Image Source: Alexandria Ocasio-Cortez Twitter. Then came me, and they moved to start over again so I could have an education.. Its a big world out there. According to the latest information of 2022, the estimated net worth of Alexandria Ocasio-Cortez is $200000. Alexandria Ocasio Cortez was born in the New York City borough of the Bronx on the 13 October 1989, the daughter of Sergio Ocasio Roman and Blanca Ocasio Cortez. Sergio bought a two-bedroom home in Yorktown Heights, a suburb in Westchester County. Some believe AOC will be president one day as well. While county records do not indicate that lenders filed to foreclose on either of the Westchester propertys two mortgages, the issuance of any default notices would not have been publicly revealed. Forbes has not reported, nor can we confirm the net worth of Alexandria Ocasio- Cortez at this time, Jocelyn Swift, director of corporate communications at Forbes told Reuters by email. And Fundrise has democratized access to multifamily properties and commercial real estate investment opportunities across the country. As the pair are very private about their relationship, we might not be privy to the politician and her boyfriend's big day. Rep. Ocasio-Cortez, other Dems arrested during abortion rights protest. They wake up 10 years later wondering where their money went. AFTER VOTING, NYC #MuslimBan protests start at 6pm. Here's a realistic path to AOC's net worth if she remains in Congress, continues to live modestly in her $2,700/month apartment, spends no more than $4,200/month, saves 50% of her gross income a year, and sees her investments grow by 2% 8% a year on average. Having grown up in a middle-class family, Alexandria Ocasio-Cortez knows the struggles of making ends meet. Alexandria said she remembered Blanca calling her when she was in the middle of an economics class; Alexandria rushed home and rushed to the hospital to see her father. She is a daughter to Sergio Ocasio and Blanca Ocasio-Cortez, who are both staunch Catholics. And is likely a more accurate assessment given the disclosure requirements for congressional members. Alexandria Ocasio-Cortez was born in the New York City borough of the Bronx on the 13th of October, 1989. Please use this form to inform eBiographyPost about any grammar errors or mistakes in any information Ocasio-Roman put up 25 percent of the purchase price in cash ($38,250) and financed the balance with a $114,750 adjustable mortgage that carried an initial rate of 6.25 percent. Her financial disclosures at the time showed that wasn't the case. The district comprises some parts of North-Central Queens and the Eastern part of the Bronx in New York. . Sergio Ocasio Net Worth; Ocasio-cortez Net Worth; Alexandria Ocasio-Cortez is 29 years old and a prominent Politician. As of April 2023, Alexandria Ocasio-Cortez's net worth is roughly $200 Thousand. All Rights Reserved. Alexandria's mother tongue is Spanish; however, she had to learn English in school like many first-generation immigrants in the States. A Chamber of Commerce listing gives the company's address as 1510 Archer Road, Apt TB in The Bronx, New York. Alexandria Ocasio-Cortez Parents, Nationality, Ethnicity, Wiki The combination of her fathers death and the 2008 global financial crisis, Ocasio-Cortez has said, left her family in perilous financial condition and struggling to keep their home. do something?? He owns properties in San Francisco, Lake Tahoe, and Honolulu. If you're looking to read the best personal finance book, order a hard copy of Buy This, Not That: How To Spend Your Way To Wealth And Freedom. It appears he used part of the variable rate loan (which started at 8.25 percent) to pay off the mortgage on the Bronx condo he financed years earlier with an onerous 11.875 percent loan. Like many Americans, Alexandria Ocasio-Cortez also came out of college with a degree and a $25,000 student loan. So should yours! The more you can save and invest, the higher your net worth will grow as your money compounds over time. Ocasio and her family are catholic believers, and she has a young brother who is called Gabriel. In addition, she has been very vocal about granting citizens of Puerto Rico further civil rights, including disaster relief and voting rights. Alexandria Ocasio-Cortez is an American activist, educator, and politician with a net worth of $1.5 million. The early life of Alexandria Ocasio-Cortez. 18-hour cities are fast-growing cities with much lower valuations than 24-hour cities like NYC. He met his wife, Blanca, when he was visiting Puerto Rico as a young man. Father: Sergio Ocasio Roman Mother: Blanca Ocasio Cortez: Spouse: Riley Roberts (boyfriend) Kids: N/A: Alexandria Ocasio-Cortez Contact Details. Article by ebiographypost.com All right reserved. She is Unmarried. Alexandria Ocasio Cortez Net Worth: How Rich Is AOC In 2023? She received 57.13% of the votes and, according to media, delivered the "biggest upset of the 2018 elections". In a tweet Saturday, the 29-year-old Democrat wrote that, Its pretty wild that the GOP cant decide whether theyre going to run with the conspiracy theory that Im secretly rich, or the exaggeration & mockery of my familys struggle after my dad died during the financial crisis. In 2018, AOC was elected as a member of the U.S Congress. Also, Alexandria is a firm supporter of the single-payer healthcare system and has talked about the US government ensuring universal healthcare for its citizens. However, she was already in a relationship with a web developer, Riley Roberts, while her 2018 election campaign was underway. She questioned Michael Cohen regarding former-president Donald Trump's estate and property values. The family lived in a planned community in Parkchester until Alexandria was five years old, when they moved in search of a better school for her. But now, a new, explosive report from the Daily Mail suggests that the candidate is actually lying about her working-class roots. By the time AOC is 45, she will undoubtedly become a multi-millionaire. Powered by. There is a huge demographic shift towards lower cost areas of the country due to the pandemic. In April 2018, a disclosure filed by Ocasio-Cortez revealed that she had between $1,000 . 165 cm: When Ocasio-Cortezs father Sergio died of lung cancer in September 2008, he left behind no stocks and bonds, annuities, or insurance policies, according to a Surrogates Court filing signed by his widow Blanca. However, in 2011, she was able to graduate with a Bachelor of Arts (B.A) degree in international relations and economics. If Ocasio-Cortez can remain in Congress for nine years and maintains her spending habits, she will likely have a $1,000,000 net worth by the time she is 38 years old in 2028. While an MBE company is not guaranteed public or corporate work, government entities often include mandated set asides for these firms, while many private sector companies look to MBEs to help fulfill diversity goals. Its less than 1,000 sq.ft 3 small bedrooms & 1 bathroom for 5 people. Image Source: Alexandria Ocasio-Cortez Instagram. (this.video=!0,this.locations.add("Video"),this.reasons.add("video_tag"))}catch(c){B.error("ClsDisableAds","checkCommandQueue",c)}}a.prototype.checkCommandQueue=function(){var b=this;this.adthrive&&this.adthrive.cmd&&this.adthrive.cmd.forEach(function(c){c=c.toString();var d=b.extractAPICall(c,"disableAds");d&&b.disableAllAds(b.extractPatterns(d));(d=b.extractAPICall(c,"disableContentAds"))&&b.disableContentAds(b.extractPatterns(d));(c=b.extractAPICall(c,"disablePlaylistPlayers"))&&b.disablePlaylistPlayers(b.extractPatterns(c))})}; However, after graduating, the couple reportedly split, and Riley moved back home to Arizona. Alexandria Ocasio-Cortez is an American politician and activist who serves as the U.S. Representative for New York's 14th congressional district. The district covers the Eastern part of the Bronx and . The consent submitted will only be used for data processing originating from this website. function(b,c){for(var d=[],e=2;eSergio Ocasio, Alexandria's Father: 5 Fast Facts | Heavy.com Forbes has denied releasing the $29 million figure and no other reliable source for the claim has been cited. Lets check out Blanca Ocasio-Cortez Net worth income salary 2021 report details which is given below. In addition to her earnings as a congresswoman, Alexandria Ocasio-Cortez's net worth might also include the income from her merchandise sales. Here's what you need to know about Sergio Ocasio. All Rights Reserved, 50 Cent Net Worth: Real Name, Biography, Wiki, Career, Income, Terry Lee Flenory Biography, Wiki, Career, and Net Worth, Shacarri Richardson Biography, Education, Career, Girlfriend, Income, and Net Worth, Sabrina Peterson Net Worth: Biography, Education, Income, Business, Personal Life, Wiki, Chase B Biography, Career, Height, Salary, Earnings, Net Worth, Sergio Ocasio-Cortez and Blanca Ocasio-Cortez, Yorktown Heights and Boston University (BA). Wash. DC makes me sick! . Vote today and help us mobilize. Thank you for supporting our journalism. Her net worth probably ranges between $500,000 and $1 million, which is modest for a junior politician but healthy for anyone in her age . . A difficult task for many. Forbes has . . Ummm shes been in office 3.5 years, sworn in 2019. Because she was underfinanced compared to Joe Crowley, she turned to grassroots politics, where she established a solid mobilization campaign. AOC has soon established herself as one of the most vocal democrat in the country. I literally made a student loan payment while I was sitting here and I looked at my balance and it [was] $20,237.16, Rep. Alexandria Ocasio-Cortez (D-NY) stated towards the end of the hearing. She has one sibling and grew up in Westchester County, New York. In fact, Ocasio-Cortez graduated from Boston University and lived in a Westchester town that her critics--who likely have never stepped foot in the county directly north of the Bronx--believe is an equivalent to ritzy Scarsdale or Rye (and not Yonkers or Mount Vernon). I would Alexandria Ocasio-Cortez's net worth will grow over time. Copyright 2023 The Inquisitr. Publicly available financial disclosures provided by Ocasio-Cortez do not indicate she has tens of millions worth of assets. Alexandria Ocasio-Cortez bio: boyfriend, net worth, age - Briefly How do you arrive at $885K in salary? If you havent, please do. Fact check: Rep. Ocasio-Cortez arrested during protest at the Supreme Court. He said that the Westchester home his parents bought was modest and that the family struggled financially to be able to afford it: I owned & sold that home. Multipleposts spreading on Facebook claim Rep. Alexandria Ocasio-Cortez, D-N.Y., has a net worth of $29 million. ? You go girl!!!! Over the following years, Ocasio-Roman and his wife were served with three separate judgments--totaling about $10,000--from the New York State Department of Taxation and Finance. But the claim is false. Sergio Ocasio-Cortez: Children: Alexandria Ocasio-Cortez: Blanca Ocasio-Cortez Net Worth. However, despite a court-ordered foreclosure judgment, Ocasio-Roman somehow kept the bank from seizing the Bronx condo. She became the first person since 2004 to challenge and defeat a 10-term incumbent Joe Crowley, the Democratic Caucus Chair, in the primary race. Where do you see any corruption. If your politics do not agree with hers, that does not make her corrupt. Alexandria Ocasio-Cortez's Political Journey, Tenure As Member of House of Representative, Alexandria Ocasio-Cortez Biography - Politician, 5 Richest Celebrity Bodyguards - Look At How Much Their Salary Is, Top 5 Richest Polo Players Alongside Their Net Worth, Here Is The List Of 5 Lowest Paid NBA Players In 2022-2023, Due to her high school project about the effects of antioxidants on. Two months after selling her Westchester home, Blanca Ocasio-Cortez--who cleaned houses and did other odd jobs to support her family--purchased a new house in Florida (where she works as an office clerk at an elementary school). a.Floors="floors";a.CMP="cmp"})(m||(m={}));var q;(function(a){a.fpvNonLazy="fpvNonLazy";a.lazy="lazy";a.refresh="refresh";a.session="session";a.crossDomain="crossdomain";a.highSequence="highsequence"})(q||(q={}));var r;(function(a){a.prebidLoad="prebidLoad";a.amazonLoad="amazonLoad";a.gptLoad="gptLoad"})(r||(r={}));var t;(function(a){a.Desktop="desktop";a.Mobile="mobile"})(t||(t={}));var u;(function(a){a.Video_Collapse_Autoplay_SoundOff="Video_Collapse_Autoplay_SoundOff";a.Video_Individual_Autoplay_SOff= Alexandria Ocasio Cortez's father passed away when she was only 19 years old. For example, investing in real estate crowdfunding enables you to buy buying a piece of commercial real estate. He ended up moving to New York to be with her. How completely naive can you be? She was whining about not able to afford housing in the DC area when she first came to office. Shame on her for making this much money for being lazy and only going to lavish balls while poor people struggle. There is no evidence that Congresswoman Alexandria Ocasio-Cortez has a net worth of $29 million, despite online claims that that figure was released by Forbes magazine. (d=a.next()).done;)e.push(d.value)}catch(l){var f={error:l}}finally{try{d&&!d.done&&(c=a["return"])&&c.call(a)}finally{if(f)throw f.error;}}return e}function k(a,b,c){if(c||2===arguments.length)for(var d=0,e=b.length,f;d She also has a younger brother, Gabriel. The source of the $29 millionfigure appears to bea report by CAknowledge.com from April that does not cite any sources, other than several references to Forbes, which hasn't investigatedOcasio- Cortez's net worth. She even attended protests at ICE child-detention centers. However, she started serving in January 2019. She has a brother named Gabriel, and the two were brought up in the Catholic faith. Is Kelly McGillis' Ex-Husband Fred Tillman Still A Restaurateur? It's kind of strange going to such a school given she's a Democratic Socialist. The architect fell so behind on the apartments mortgage payments that Citibank moved to foreclose on the loan. Ummm can you actually She graduated in 2007, the same year she placed second in the Intel International Science and Engineering Fair in the microbiology category. Sergio Ocasio-Roman was a co-owner of an architectural practice that operated from a ground-level, 600-square-foot apartment in the sprawling, 12,000-unit Parkchester condominium complex in the central Bronx (seen above). She was greatly influenced by the activists working in these places and harnessed the idea of being an activist. But don't worry, Ocasio-Cortez will likely becoming one of those millionaires she despises within the next 10 years. Ocasio Cortez took a lot of criticism for allegedly misrepresenting her childhood. Sergio Ocasio-Roman: Mother: Blanca Ocasio-Cortez: Husband or Boyfriend: N/A: Children: N/A: Siblings: Gabriel: Social Media. The outlet reports that Ocasio-Cortezs father chose to move the family to the suburb in 1991 because of the good school districts in the area school districts which didnt exist in the Bronx. In a handwritten October 2008 court filing, Ocasio-Cortezs mother listed Sergios Bronx condo as his sole piece of real property, failing to include the Yorktown Heights residence for which he was the sole owner. AOC, for short, is the third most popular US politician on Twitter after Barack Obama and President Trump. After finishing high school, she enrolled in Boston University, obtaining a degree in international relations and economics. Women) and children Im not defending her just pointing out the shoddy reporting here. After winning the primary election, Alexandria Ocasio-Cortez faced the Republican nomineeAnthony Pappasin the general election. He stopped paying the monthly common charges for his apartment in May 1993, prompting the Bronx condo's board to file a lien seeking payment of 17 months worth of arrearages. She earned over 57% of the vote in the primary elections, which many media outlets regarded as the biggest upset victory in the 2018 midterm election primaries. Likewise, her father was born in the Bronx to a Puerto Rican family and became an architect. Reuters has previously debunked this claim. Sergio and Blanca married and moved to Parkchester, a working class neighborhood in the East Bronx. But when Alexandria was five years old, the family decided to move. Dont you geniuses understand her net salary opposed to gross salary and life expenses? . Real estate is one of the best ways for the average American to build wealth over time. [A-Z]{2,})/i.exec(b):!1};return a}();if(m=window.adthriveCLS)m.disableAds=new g(window.adthrive);n.ClsDisableAds=g;Object.defineProperty(n,"__esModule",{value:!0});return n}({}) A post shared by Alexandria Ocasio-Cortez (@ocasio2018) on Jul 13, 2015 at 4:02pm PDT. Our Standards: The Thomson Reuters Trust Principles. Apart from these platforms, AOC is also active on the streaming site Twitch. gtag('js', new Date()); Alexandria Ocasio-Cortez will eventually have a net worth in the multiple millions by the time she is in her mid-40s. )\\)","g"));return null!==b?b[0]:!1};a.prototype.disableAllAds=function(b){if(!b||p(b))this.all=!0,this.reasons.add("all_page")};a.prototype.disableContentAds=function(b){if(!b||p(b))this.recipe=this.content=!0,this.locations.add("Content"),this.locations.add("Recipe"),this.reasons.add("content_plugin")}; We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Alexandria began bartending and waitressing in addition to her job as educational director with the National Hispanic Institute, a nonprofit that provides leadership training for Latino youths. gtag('config', 'UA-10307238-1'); 2. Blanca Ocasio-Cortez: Alexandria Ocasio-Cortez Mom Wikipedia, Biography She lived with her family in the apartment in Bronx neighborhoods of Parkchester. Heres @KerriHarrisDE. And Riley is also favored by his girlfriend's family. Ocasio's father died suddenly in 2008, at 48 years old, due to cancer. Posts on social media and articles have claimed that Ocasio-Cortez has a net worth of $29 million (here), (here), (here), (here), (here), (here), (here), (here), (here), often including a list of supposed assets. As of now, Alexandria Ocasio-Cortez has more than 8.7 million followers on Instagram and 12.1 million followers on Twitter. Instagram. Alexandria Ocasio's Assets also includes Cash reserves of over $1 Million. AOC also is a fan of democratizing access to investments that were once only available to the very wealthy. Only a month after assuming office, Alexandria submitted her first piece of legislation to the Senate. Now do Boebert at $41 million after only two years in office as a high school dropout. I enjoy your pithy remarks. Alexandria Ocasio-Cortez Net Worth (AOC) Alexandria Ocasio's Assets Alexandria Ocasio (AOC) owns over 1 real estate properties, Cars, and Yachts. If she hangs around for a few years, shell She made $885K in salary so far and with benefits she has most of her expenses covered. This trip influenced her, and while returning home, she got a call from Brand New Congress, an organization that recruited progressive candidates to run for office in the future. Alexandria Ocasio-Cortez, who posits herself as a socialist who fights for New Yorks working class and is especially favorable to the Bernie Bro demographic for that reason actually grew up in Westchester County, which is a ritzy suburb of New York City. Street guru secretly hiding as a Congress. Didnt take her long to get her 1st Million! The Inquisitr is a registered trademark. Alexandria Ocasio (AOC) also owns an investment portfolio of some stocks that is valued at $1 Million. A Chamber of Commerce listing gives the companys address as 1510 Archer Road, Apt TB in The Bronx, New York. But given Alexandria Ocasio-Cortez is only 32 years old as of 1H2022, and the average age of a Congressman is 57, and the average age of a Senator is 62, it is logical to conclude that AOC's net worth is much lower than the median or average Congressperson's net worth. 1989, the daughter of Blanca Ocasio-Cortez (ne Cortez) and Sergio Ocasio-Roman. Built in 1927, the Longvue Street residence (pictured below) sat on nearly half-an-acre of land and had three bedrooms and one bathroom across its 961 square feet. Let's get to know who Alexandria Ocasio-Cortez is and her journey to becoming one of the youngest women to serve in the US Congress. She participated in the Lorenzo de Zavala Youth Legislative Session during high school, organized by National Hispanic Institute. They became embroiled in a battle with the Westchester County Surrogates Court, which handles the estates of people who die without a will. She attended Yorktown High School, where she was known for her intelligence and academic exploits. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. But, her net value is reported to increase in the future. She is estimated to earn the.. By WN Writer . American politician Alexandria Ocasio-Cortez is known for her progressive views. She had to pay off her debt with a $300 payment per month, which she managed by working as a bartender.

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