Trump’s VP pick J.D. Vance owns over $100,000 in bitcoin

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The Block2024/07/15 21:16

By:The Block

Quick Take J.D. Vance, the venture capitalist turned politician tapped as running mate by former President Donald Trump, owns between $100,001 and $250,000 in bitcoin, as of 2022. The Ohio Senator disclosed he held those bitcoins on Coinbase in an annual report filed last year. Vance has an estimated net worth of $5 million.

J.D. Vance, the venture capitalist turned politician tapped as running mate by former President Donald Trump, owns between $100,001 and $250,000 in bitcoin, according to his latest federal financial disclosure.

The Ohio Senator disclosed that he held those bitcoin on Coinbase in his mandated Annual Report for the calendar year 2022 filed in October 2023. Vance also maintained accounts on brokerages Robinhood and Charles Schwab.

Vance also reported income of $110,146 from his Cincinnati-based Narya Capital Management firm and $121,376 in royalties from HarperCollins from his bestselling 2016 memoir “Hillbilly Elegy.”

The vice presidential candidate has not yet filed financial disclosures for 2023. His current estimated net worth is at least $5 million and as much as $10.5 million, according to Cincinnati.com .

He is known to be one of the more pro-crypto legislative representatives and is drafting a bill that will reform how financial regulators police digital assets in the U.S.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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