Even though many Trump supporters are warning Joni Ernst that she might face the same fate as Liz Cheney—being challenged in the primary—she’s not worried at all. Why? Because Ernst has already secured a lucrative private sector opportunity with a defense contractor, positioning her to earn millions through lobbying. Read more below.
Joni Ernst sure knows how to play the part of the underdog, but her bank account tells a different story. he likes to share stories about her modest background, but she’s making big money on the side. It’s the usual political game—saying one thing and doing another.
Joni Ernst has a net worth of $19 million as of 2024. Her annual income is estimated to be $2.5 million, derived from profits in various businesses, dividends and interest on bank deposits. As the United States senator from Iowa, She earns a $210,000 salary per year.
Joni Ernst Net Worth 2024
Net Worth | $19 Million |
Salary | $127,000 |
Other Income | $2.25 Million |
Stock Portfolio | $6 Million |
Real Estate Assets | $10 Million |
Cash in Bank | $1.6 Million |
Cars | Seven |
Gold Reserves | 110 lbs. |
Suspicious Deals
Joni Ernst has investments in various industries like education, healthcare, renewable energy, and real estate, often through family members to avoid legal troubles, which all politicians do.
She makes a good amount of money from these investments each month, estimated to be $1.2 million. As a Senator, Ernst has used her influence to help certain businesses in exchange for campaign donations.
Over the years, She has received large sums of money from lobbyists. For example, Ernst supported a healthcare group with regulatory issues, and in return, the group donated $4.7 Million to her charity.
Real Estate Assets
- $4 million home in Iowa City, purchased in 2020.
- $3 million lakeside property in Cedar Rapids, acquired in 2021.
- $1.5 million Villa in Des Moines, bought in 2019.
- $1.5 million rural land in Linn County, purchased in 2022.
- $500,000 farmland in Black Hawk County, acquired in 2023.
Stock Market Investments
- Apple Inc. (AAPL): $1.5 million
- Microsoft Corporation (MSFT): $1.2 million
- Johnson & Johnson (JNJ): $1 million
- Coca-Cola Company (KO): $900,000
- Visa Inc. (V): $800,000
- Berkshire Hathaway (BRK.B): $600,000
The portfolio generates an annual dividend income of approximately $710,000, with big contributions from Johnson & Johnson and Coca-Cola.