Key Insights
- J.D. Vance, Trump’s vice presidential pick, owns between $100,001 and $250,000 in bitcoin, according to his 2022 financial disclosure.
- Vance reported significant income from his venture capital firm and book royalties, with an estimated net worth of $5-10.5 million.
- The Ohio Senator is known as a pro-crypto legislator and is drafting a bill to reform U.S. digital asset regulation.
WASHINGTON (MarketsXplora) – J.D. Vance, the venture capitalist and Ohio Senator chosen as Donald Trump’s running mate for the 2024 presidential election, owns between $100,001 and $250,000 in bitcoin, according to his most recent federal financial disclosure.
The disclosure, filed in October 2023 for the calendar year 2022, reveals that Vance held the cryptocurrency on Coinbase, a popular digital asset exchange. The Senator also maintained brokerage accounts with Robinhood and Charles Schwab.
Vance, known for his bestselling 2016 memoir “Hillbilly Elegy,” reported significant income from various sources. He earned $110,146 from his Cincinnati-based Narya Capital Management firm and $121,376 in royalties from HarperCollins for his book.
While Vance has not yet filed financial disclosures for 2023, local media estimates place his current net worth between $5 million and $10.5 million.
The vice presidential candidate has established himself as one of the more crypto-friendly legislators in Congress. He is currently drafting a bill aimed at reforming how U.S. financial regulators oversee digital assets, potentially signaling a crypto-positive stance in a potential Trump-Vance administration.