Here’s How Little Trump’s Pick For Secretary Of State Marco Rubio Is Worth
Rubio, seen here campaigning for Trump in Macon, Georgia in November, has become a loyal ally in recent years.
“He’s a disaster with his credit cards … He certainly lives above his means,” Donald Trump said in 2015 about Florida Senator Marco Rubio, then his opponent in the race for the White House. Rubio dismissed Trump’s claims on Good Morning America, arguing that he only had two debts at the time: his home mortgage and what he owed the country “because of everything it’s made possible for me and my family.” Indeed, he reported no credit card debt in 2014 or 2015—but Trump wasn’t far off. Forbes estimated Rubio’s net worth that year to be just $100,000.
Nine years later, Trump is tapping the Florida senator to be the nation’s top diplomat, his Secretary of State. In that role, assuming he is confirmed, Rubio will make over $200,000 a year, a bump from his $174,000 Senate salary. Even before the pay raise, the 53-year-old’s overall financial picture has improved since 2015. Today, he’s likely worth over $1 million—mostly because of one smart move.
Despite making a healthy salary as a U.S. Senator for 14 years straight, Rubio’s non-real estate assets are worth between just $35,000 to $175,000, according to his latest financial disclosures. He only owns one company’s stock, between $1,000 and $15,000 of Coca-Cola.
That’s even less........
© Forbes
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