Summary

Rep. Alexandria Ocasio-Cortez denied claims that she is secretly wealthy, stating she is worth less than $500,000 and doesn’t trade stocks or take corporate money.

Her financial disclosures show modest savings and student debt.

Some conservatives on X, despite opposing her politics, praised her perceived integrity.

Accusations of political corruption have surged online, partly fueled by Elon Musk.

  • Garland@lemmy.world
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    3 hours ago

    With that amount of money she could not stop working now and live comfortably off of her funds for the rest of her life in the US. She is not rich.

    • Snowclone@lemmy.world
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      55 minutes ago

      If she did specific things she could, like putting most of it in stocks, then using the stock value on a collateral loan, then buying as much property with high value as she can with down payments then getting loans on the property and cycling that a few hundred times until she has several million, but that would probably take a couple decades if she isn’t doing insider trading like many of her peers clearly do, and didn’t target people in dire conditions to rob them of their property for next to nothing just so they can get enough money out of her to stop bleeding, then the sky’s the limit.