AOC is not a multimillionaire with five machines. Why do bogus claims about his net worth persist online?

At a recent city hall in her congressional district, New York Congresswoman Alexandria Ocasio-Cortez was once again falsely accused of being a secret multimillionaire – a false and repeatedly disproved claim that has circulated on dubious websites and social media platforms. since she took office.

The unproven claims – that the congresswoman has a net worth of $ 29 million and owns one of the most expensive homes in the world – continue to thrive online, despite publicly available financial disclosure forms, while her critics suggest that her denial is evidence of some sort of conspiracy theory to protect his wealth and power.

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

His revelations show that he 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 his retirement plan.

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

Statements from the United States Department of Education also show that it owes between $ 15,000 and $ 50,000 in federally backed student loans.

He has repeatedly claimed that he owed more than $ 17,000 in student loans after graduating from Boston University between 2007 and 2010. (The university’s annual tuition for the 2022-2023 school year is $ 61,050, without count housing, textbooks, and supplies.)

“I do not own or trade individual securities, I do not accept corporate money for my campaign, [and] live solely on my salary in Congress (which requires us to pay [two] rent out of his own pocket), “he tweeted.

“This is all publicly disclosed information,” she said, adding that she is enrolled in a second-hand savings plan like many other federal workers, offering similar savings and tax benefits offered in 401k plans under private companies.

But false claims about her earnings and “net worth” persisted, including a surviving article on the CAknowledge.com website that falsely lists the congresswoman’s alleged assets, including “luxury yachts” and five cars, none of which exists.

Most of the false claims circulating online have cited the website, which had previously made unsubstantiated claims about Jen Psaki, among other prominent US officials.

The article was previously titled “Alexandria Ocasio-Cortez Net Worth 2022 (Forbes) Assets Salary Cars House,” but was changed in August 2022 to remove “Forbes” from the title, according to archived acquisitions.

A spokesperson for Forbes said to both USA Today and Reuters that the company “did not report Alexandria Ocasio-Cortez’s net worth.”

CAknowledge.com publishes equally dubious search engine-optimized information about the alleged net worth of high-profile figures without providing sources. The website appears to be based in India and is hosted by Cloudfare. Identifying information about his property is not available.

The independent requested a comment from the “CEO and founder” listed on the website.

The lawmaker is ranked among some of the least wealthy members of Congress, where the median net worth between representatives and senators is about $ 1 million, according to an analysis by OpenSecrets.

Florida Republican Senator Rick Scott is the richest member of Congress, with nearly $ 260 million in net worth.

Leave a Reply

Your email address will not be published. Required fields are marked *