Dan Crenshaw says he only makes $174,000 a year, keeping things low-key. But behind the scenes, he’s got $6 million in family stock holdings he doesn’t talk about to avoid media attention. As of 2024, Crenshaw has a net worth of $8 million.
Dan Crenshaw owns two real estate properties in Texas, one located in Houston’s Memorial Drive area and the other near Travis Street in Austin. The Houston property generates $4,000 a month in rental income, while the Austin property brings in $3,500 monthly. See Kash Patel’s Wife Lawsuit for Alimony
Dan Crenshaw’s stock portfolio grew by 42% in the last year, much higher than the usual 7-10% that most people earn. For example, he bought shares in Raytheon Technologies just before they got a big defense contract in April 2024.
He also invested in Moderna shortly before they announced new vaccine results in September 2024. These lucky trades have raised questions about whether he used insider information to profit.
Federal and state laws often require politicians to disclose personal financial interests, including stocks. However, assets held solely in a family member’s name may not fall under these requirements, creating a potential loophole.
Reports suggest that a wealthy pastor purchased property from Crenshaw at an above-market price, including the house where his mother lives, and also covered the tuition for one of his cousins. The reasons for this generosity remain unclear.
Other Sources of Money
Crenshaw, a retired Navy SEAL who lost an eye in Afghanistan, receives VA disability compensation, free healthcare, and military retirement pay.
He also have benefits like the GI Bill for education and housing grants for adaptations. His insurance includes Service-Disabled Veterans Insurance and TRICARE for additional coverage.
Dan Crenshaw Net Worth
Net Worth | $8 Million |
Annual Income | $1.9 Million |
Salary | $174,000 |
Inheritance | $220,000 |
Anonymous Gifts | $500,000 |
Stock Portfolio | $6 Million |
Crenshaw has been accused of spearheading an effort to get a pay raise for members of Congress. Posts on X have claimed that he advocated for a pay increase, suggesting that members of Congress haven’t had a pay raise since 2009, which Crenshaw himself mentioned in discussions about stock trading by members of Congress.
The base salary for members of Congress is $174,000 annually, and there have been no adjustments since 2009. Any discussion about pay raises is often contentious. Crenshaw is not the only one who had such huge net worth despite making claims about how much less he earns.
Author: https://x.com/prtpkartik