Elise Stefanik’s net worth revealed

If you’re wondering how rich Donald Trump’s first pick for the US Ambassador to the UN is, you’re at the right place. In the following piece, we reveal Elise Stefanik’s net worth by reviewing her assets and investments.

Who is Elise Stefanik?

Elise Stefanik is a Republican politician and the US Representative for New York’s 21st congressional district. She was first elected to Congress in 2014, becoming the youngest woman ever elected to the House at the time. Stefanik is known for her strong support of President-elect Donald Trump and has served as the Chair of the House Republican Conference since 2021, making her the fourth-ranking House Republican.

Recently, she was nominated by Trump to serve as the US Ambassador to the United Nations. Stefanik has been a vocal advocate for Israel and has gained national attention for her questioning of university presidents during a congressional hearing on antisemitism.

Elise Stefanik’s net worth

Sources like Famous People report Elise Stefanik’s net worth to be $2 million. However, based on her 2023 financial disclosure report, we came to a different conclusion. Elise Stefanik’s net worth is actually anywhere between -$244,993 and $414,997.

Disclaimer: Estimating a lawmaker’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.

Elise Stefanik’s assets

According to her 2023 financial disclosure report, Elise Stefanik’s assets are valued between $270,007 and $625,000, with liabilities ranging from $210,003 to $515,000. Some of her reported assets include:

• Residential rental property in Washington, DC, valued between $250,001 and $500,000;

• American Funds 2045 Target Retirement, valued between 15,001 and $50,000;

• Adirondack Trust Checking account interest, valued between $1,001 and $15,000;

• Goldman Sachs Marcus Online Savings account interest, valued between $1,001 and $15,000;

• Vanguard New York Target Enrollment 2041, valued between $1,001 and $15,000.

Controversies

Initially, Elise Stefanik kept her distance from Donald Trump. However, she later became one of his stanchest defenders, especially during his first impeachment proceedings.

Stefanik was also criticized for ads that some say align with the Great Replacement Theory, a racist conspiracy theory. Nevertheless, she denied making any racist comments.

When it comes to presidential elections, Elise Stefanik made public claims about voter fraud in 2020, which were debunked.

Personal life

Elise Stefanik is married to Matthew Manda, a communications and public relations professional. They met while working in Washington, DC, and got married in 2017. The couple has a son named Samuel Albritton Manda, born in August 2021.

The bottom line

Elise Stefanik, a potential future US Ambassador to the UN, has a reported net worth ranging from $244,993 to $414,997. This suggests that her financial position could be negative if her liabilities exceed her assets.

Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.