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Ron DeSantis’ net worth was $350,000 in 2020. Now it’s over $52 million, so how did he make $51 million in just 2 years?

Tammy Marie Rose by Tammy Marie Rose
May 25, 2023
in National, Politics
0
DeSantis is prudently tiptoeing around Trump while responding to calls for his popular presence around the country

Ron DeSantis via Flickr. Gage Skidmore is licensed with CC BY-ND 2.0. To view a copy of this license, visit https://creativecommons.org/licenses/by-nd/2.0/

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Back in July of 2021, Governor Ron DeSantis’ net worth increased by over 20% in his second year in office.

DeSantis recorded a net worth of $348,832 as of Dec. 31, 2020, up from $291,449 at the end of 2019, according to a financial disclosure on the Florida Commission on Ethics website. His only listed income is a taxpayer-funded salary of $134,181.

Image of Rick DeSantis via Flickr/Gage Skidmore is licensed under CC BY-SA 2.0. To view a copy of this license, please visit: https://creativecommons.org/licenses/by-sa/2I

State legislators have until July 1 to complete annual disclosure reports, which normally describe their finances as of the previous year’s end. Late filers have until September to file their reports or face a penalty of $25 each day, up to $1,500

The forms ask for an estimated net worth, assets worth more than $1,000, liabilities worth more than $1,000, and income details.

Image of Ron DeSantis via Flickr/Gage Skidmore is licensed with CC BY-ND 2.0. To view a copy of this license, visit https://creativecommons.org/licenses/by-nd/2.0/

Now let’s fast forward to today.

Ron DeSantis is now worth $52 million dollars. DeSantis is now one of the country’s wealthiest governors. The Florida State Treasury pays DeSantis a fixed $180,000 salary as Governor.

DeSantis is also the owner of some of the finest luxury automobiles and timepieces. DeSantis recently purchased a brand-new Lexus GX for $41,000 USD. In addition, he owns a $90,000 Land Rover Velar. He also reportedly owns a Lexus ES, a 1970 Chevrolet El Camino, a 1965 Ford Mustang Shelby GT350, and a 1961 Jaguar E-Type.

1965 Ford Mustang Shelby

Despite the fact that DeSantis lives in a government home, he has only a few real estate investments. Ron DeSantis (under his wife’s name) owns one of the most costly homes in Jacksonville, Florida. This estate has 7,000 square feet, 5 baths, and two pools. Ron DeSantis paid $8 million for his home, which now has a market worth of $22 million. The home features two swimming pools, 7 bedrooms. 8 bathrooms, a tennis court, and a home theater.

DeSantis Florida home via News 4 JAX screengrab..https://www.news4jax.com/news/florida/2021/11/05/governors-former-house-included-in-booming-housing-market/

DeSantis has stock market investments (under his wife’s name). Since 2010, Ron DeSantis has been trading inequities. Ron DeSantis loves to invest in companies that are strongly reliant on government restrictions, such as energy, manufacturing, and automobiles. The stocks in Ron DeSantis’ portfolio are as follows:

Chevron

Pfizer

Texas Instruments

Pepsi Co

ConocoPhillips

So exactly where did DeSantis gain $51 million in a period of one year? His June financial disclosures should be quite interesting to say the least.

DeSantis recently made headlines when he announced that is supporting a proposal that has been met with much controversy and criticism from opponents because it seeks to deprive 12 counties of approximately $200 million in education funds. The 12 counties that kept requiring masks defied his executive orders, and due to that, DeSantis is backing a proposal to divert the money to the other 55 school districts that complied.

Image of Ron DeSantis via Flickr/Gage Skidmore is licensed with CC BY-ND 2.0. To view a copy of this license, visit https://creativecommons.org/licenses/by-nd/2.0/

The proposal is part of a Florida House of Representatives budget bill, and it’s been sponsored by Republican state legislator Randy Fine. Not even two weeks ago, DeSantis was in opposition to the proposal, making him the largest figure to stand in objection to it. DeSantis claimed that the plan would “penalize a teacher or student because of the action of their school board.” Now, however, DeSantis has sent out a tweet in which he thanks Fine for “heeding my call to protect students and teachers” from punishment directed toward “politicians and bureaucrats who defied Florida law by force masking kids.”

Tammy Marie Rose

Tammy Marie Rose

Tammy Marie Rose is a mom, author, journalist, environmental and social justice activist, mental health advocate, dog non, and professional wrestling fanatic.

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