JD Vance Has Numerous Investments, But Tim Walz Doesn’t Own a Single Stock — Here’s a Look at Their Dramatically Different Personal Finances

The party’s leading vice-presidential candidates, Democrat Tim Walz and Republican JD Vance, have differing views on very different policies and financial situations. Let’s examine their finances in more detail.

Tim Walz, the Democratic candidate and current governor of Minnesota, has experience as a teacher and former representative of the US House. His annual salary as governor is about $127,000. Walz keeps his investments simple — he owns no stocks, bonds or other securities.

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According to a financial disclosure report published by ABC News, his primary financial asset is a retirement account, which he reported was worth up to $100,000 in 2019. In addition, he has a life insurance plan that could be valued at to $50,000. Walz’s financial disclosures show he has not invested in real estate. He and his wife, Gwen, reportedly sold their Mankato home after moving into the governor’s mansion.

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Gwen, for her part, earns income from a public school in Minnesota and the law firm Hogan Lovells. In 2019, the couple’s net worth was estimated to be between $112,000 and $330,000. That figure doesn’t include Tim Walz’s pension, which the Wall Street Journal estimates could add another $800,000 to their net worth.

On the other hand, JD Vance, the Republican candidate and US Senator from Ohio, has a much different financial picture. A former venture capitalist and author, Vance pulled in more than $1 million in 2022. His earnings included about $110,000 from his work at Narya Capital Management and $121,000 in royalties from his bestselling book, “Hillbilly Elegy.” But that’s not all — Vance has also made hundreds of thousands in investment income thanks to his diverse portfolio, including real estate, stocks, and cryptocurrencies.

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As for assets, Vance’s 2022 financial disclosure shows that he owns between $500,000 and $1 million in real estate and up to $250,000 in bitcoin. He also has a set of mutual and exchange-traded funds worth up to $3.25 million combined. Vance’s wife, Usha, is a Yale law graduate and civil litigation attorney. According to the New York Post, she clerked for Supreme Court Chief Justice John Roberts.

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According to the Wall Street Journal, the Vance family’s net worth is estimated at between $4 million and $10.4 million, not including real estate. This contrasts sharply with the more modest financial situation of Tim Walz and his wife.

So while Walz and Vance may clash on policy issues, their finances highlight just how different their worlds are.

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This article JD Vance Has Lots of Investments, But Tim Walz Owns No Shares – Here’s a Look at Their Dramatically Different Personal Finances originally appeared on Benzinga.com

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