NewsSenator Vance's rise: From Trump critic to VP candidate

Senator Vance's rise: From Trump critic to VP candidate

If Donald Trump wins, the United States Vice President will be Senator J.D. Vance from Ohio. Before the 2016 election, he sharply criticised Trump, comparing him to the "American Hitler."

Candidate for Vice President of the USA J.D Vance
Candidate for Vice President of the USA J.D Vance
Images source: © Getty Images | Stephen Maturen

5 November 2024 20:38

J.D. Vance, a senator from Ohio, is the Republican candidate for vice president. However, Vance is not just a politician. As reported by cincinnati.com, he is also an investor and the author of a bestselling book, through which he has amassed a considerable fortune.

According to "Celebrity Net Worth," which is based on Vance's financial disclosure, his net worth is about 5 million dollars, equivalent to approximately 4.1 million pounds. He owns shares in Walmart, valued at about 100 thousand dollars, and also has bitcoins worth 250 thousand dollars. Other assets include positions in Goldman Sachs and shares in the QQQ Exchange Traded Fund, which together are worth an additional 2 million dollars.

Vance's total investments amount to about 5.6 million dollars. He receives not only a senator's salary but also royalties from his book "Hillbilly Elegy," from which he earned 475 thousand dollars in 2021. It is worth noting that this book was adapted into a Netflix film in 2020.

As a senator, Vance earns an annual salary of 174 thousand dollars, which equates to around 145 thousand pounds per month. If Trump wins and Vance becomes vice president, his salary will increase to approximately 19.5 thousand dollars per month, equivalent to 16.3 thousand pounds.

Vance entered politics in 2020 and quickly became a favourite among potential vice-presidential candidates, despite sharply criticising Trump before the 2016 election, comparing him to the "American Hitler."

Former critic to help Trump

Before entering politics, Vance worked in finance. He is now one of Trump's most important supporters and a leader of the populist wing in the party. After becoming a senator, he became a well-known opponent of aid to Ukraine, stating that the fate of Kyiv does not interest him. On his way to the vice presidency, he defeated representatives of the traditional wing of the party, such as Marco Rubio, Tim Scott, and Governor Doug Burgum, having the support of, among others, Donald Trump Jr.

Criticism of Trump's choice of Vance comes from President Biden's campaign team, who describe him as an extremist planning to take away women's right to abortion. The Democrats also reminded that Vance questioned the results of the 2020 election.

The extreme wing of the Republicans spread rumours about the alleged rigging of the election, which Joe Biden won, contributing to the riots at the Capitol on 6 January 2021. In August of the previous year, a grand jury in Washington indicted Donald Trump on four charges related to his attempts to overturn the result of the lost election.

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