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Sunday, May 10, 2026

No, AOC is not a multimillionaire with five cars. But bogus claims about her net worth persist online - The Independent

At a recent town hall in her congressional district, New York congresswoman Alexandria Ocasio-Cortez was once again falsely accused of being a secret multimillionaire – a bogus, repeatedly debunked claim that has circulated across dubious websites and social media platforms since she entered office.

The evidence-free claims – that the congresswoman has a net worth of $29m and owns one of the world’s most expensive homes – continue to thrive online, despite publicly available financial disclosure forms, while her critics suggest her denial is evidence of some kind of conspiracy theory to shield her wealth and power.

Ms Ocasio-Cortez’s most recent financial disclosure forms from 2021 reported between $3,003 and $45,000 in assets, including a pension plan.

Her disclosures show she had between $1,001 and $15,000 in a checking account, between $1,001 and $15,000 in a brokerage account, and between $1,001 and $15,000 invested in her retirement plan.

As a member of Congress, she earns an annual salary of $174,000. And as a member of Congress, she rents apartments in both New York City, which she represents in the US House of Representatives, and Washington DC.

Statements from the US Department of Education also show she owes between $15,000 and $50,000 in federally backed student loans.

She has repeatedly stated that she has owed more than $17,000 in student loans after seeking her undergraduate degree at Boston University between 2007 and 2010. (The university’s annual tuition...



Read Full Story: https://www.independent.co.uk/news/world/americas/us-politics/aoc-net-worth-m...