If you’re wondering about Ro Khanna’s net worth, you’re in the right place. In this piece, we explore his finances, from assets to investments, as well as controversies and personal information.
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Who is Ro Khanna?
Ro Khanna is an American politician and lawyer. He has served as the US Representative for California’s 17th congressional district since 2017. This district includes parts of Silicon Valley, a major hub for technology and innovation.
Khanna is a member of the Democratic Party and is known for his progressive views. He strongly advocates for issues such as economic equality, technology innovation, and foreign policy reform. Before his time in Congress, he served as the Deputy Assistant Secretary in the US Department of Commerce under President Barack Obama.
Ro Khanna’s net worth
According to the Los Angeles Times, Ro Khanna’s minimum net worth is at least $27 million. However, based on his 2023 financial disclosure report, we estimate Ro Khanna’s net worth to be between $36,446,273 and $101,485,000, the range of his assets. However, since Khanna has no reported liabilities, his minimum and maximum assets make up for his minimum and maximum net worth.
Disclaimer: Estimating a Congress Representative’s net worth is challenging because disclosure forms do not mandate exact values. Instead, they report the value of their assets and liabilities within specified ranges. While we strive to accurately estimate net worth from filings, disclosure rules have shortcomings. Personal residences, certain personal property, and federal retirement accounts are often not reported. Large assets can be listed in broad categories like “Over $1 million” or “Over $50 million,” potentially worth much more. Additionally, Ro Khanna earns $174,000 annually, but this isn’t required to be disclosed.
How did Ro Khanna make his money?
Most of Ro Khanna’s wealth primarily comes from his wife, Ritu Khanna, who has significant investments and assets. However, he also has a diverse portfolio, with over 500 different investments and holdings in various stocks. On top of that, Khanna earns an annual salary of $174,000, but that doesn’t really account for his impressive wealth.
Ro Khanna’s assets
His 2023 financial disclosure report shows that Ro Khanna’s assets range from $36,446,273 to $101,485,000, with no reported liabilities. Out of all his assets, some of the most valuable ones include:
- MAI Capital Income and Growth Fund V, LP, valued at over $1 million;
- Areco Golf/Mayfield Sand Ridge, Country Club, Cleveland, valued over $1 million;
- Barrington Golf Club, Country Club, Aurora, OH, valued over $1 million;
- ARECO LP Commercial Property—2020 Trust FBO Khanna Children, in Walton, OH, valued over $1 million;
- MAI Capital Management, LLC, Wealth Management, valued over $1 million.
US Congress Buy/Sell Signal
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Stay up-to-date on the trading activity of US Congress members. This signal triggers based on SEC updates on all the trades that are made by US Congress members.
Controversies
In March 2023, Ro Khanna made unsolicited comments about India’s internal political matters, specifically Rahul Gandhi’s disqualification from the Lok Sabha. This sparked significant debate and criticism.
Additionally, Khanna was unexpectedly mentioned in Elon Musk’s Twitter Files, which revealed internal communications and decisions at X (formerly Twitter).
He also faced criticism for his public stance against Democratic campaign rhetoric that labeled Republicans as weird. He argued that such language doesn’t help advance American democracy and called for a more unifying approach.
Furthermore, his apology tour through the Midwest, aimed at rehabilitating the Democratic Party’s image in traditionally Republican areas, has been viewed by some as a strategic move for future political ambitions.
The bottom line
Ro Khanna’s net worth ranks him among the wealthiest politicians in the US Congress. At one point, he was the fourth-richest Californian serving in the House. While a significant portion of his wealth comes from his marriage, he is undeniably one of the richest individuals in American politics today.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
Source: https://finbold.com/ro-khanna-net-worth/