A recent claim on a Facebook post, that was shared 14,000 times on the platform, said that Alexandria Ocasio-Cortez’s net worth is more than $1 million. This further led to rising speculations that how could Cortez, who has often spoken about her modest earnings and debt loans, become a millionaire so soon. However, according to recent findings, that is far away from the truth.
Cortez’s story as a bartender-cum-Congresswoman has been an inspiring anecdote. Her fierce attack on institutions and the former President of the United States had made her massively popular in the US as well as in other parts of the world.
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Dismissing the claims made on the Facebook post, findings of the financial disclosures where all members of Congress deposit their income status has revealed that Cortez was living from paycheck to paycheck through most of her 20s. When she took office in 2019, her means of earning was through her job as a bartender, through her brokerage account, and a plan with the National Hispanic Institute. Her student loan ranged between $15,001 and $50,000. Besides that, as a member of Congress, she is paid $174000 annually.
Despite her wavering personal financial status, she continued to raise a lot of money through her political campaigns which she further used to strengthen her politics.
According to the latest financial disclosures, after considering her student loan, her net worth could be around $12,000 only – far away from a million. Her student loan continues to be in the same range.
It was also revealed in recent findings that Alexandria Ocasio-Cortez is one of the poorest members of Congress.
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Congresswoman, Alexandria has been very vocal about waiving off student loan debt, raising the minimum wage, and taxing the rich heavily.