Matt Gaetz has a net worth of $50 million as of 2024. According to his Tax Returns and Financial Records, Gaetz earns $7.9 million annually through business profits and lobbying. He inherited millions from his family’s estate.
Recent reports indicate that multiple women have alleged Gaetz paid them for sex and attended parties involving drugs and underage individuals. Gaetz has reportedly paid $4.1 million to three women who later signed a Non-disclosure contract to not reveal details to the media.
Bank Statement
Matt Gaetz holds 4 bank accounts linked to his social security number. His personal account is with JPMorgan, with a cash balance of $810k. He also owns a Checking account with Bank of America to receive his share of profits from businesses, gifts and lobbying income. This account has a ledger balance of $1.9 Million.
Gaetz has his trading account with Morgan Stanley with a stock portfolio of $4 Million. He holds investments in Johnson and Johnson, Coca-Cola, Walmart, General Motors and Lockheed Martin.
Lobbying Income
Several plastic and rubber manufacturers in Florida regularly face legal challenges from environmental departments. During such predicaments, they turn to Matt Gaetz for help.
Gaetz subsequently resolves these challenges by engaging with and coordinating efforts with local government representatives. For this assistance, Matt Gaetz is handsomely rewarded both directly and indirectly.
Real Estate Assets
Matt Gaetz owns a waterfront mansion in Miami valued at $4.7 million, featuring ocean views, a private dock, and spacious living areas. Additionally, he recently bought a log cabin estimated at $1.5 million in North Carolina.
Maui Lands: In October of 2023, Gaetz acquired a parcel of 100 acres in Maui, Hawaii. Following the recent wildfires that ravaged Maui, he expanded his holdings by purchasing an additional 350 acres at a significantly reduced price.
Allegations
Matt Gaetz, recently nominated by Donald Trump for attorney general, has faced significant allegations, including a federal investigation into sex trafficking involving a 17-year-old girl. This investigation concluded without charges in 2023, and Gaetz has consistently denied wrongdoing.
Additionally, he was under scrutiny by the House Ethics Committee for alleged sexual misconduct and drug use, which ceased following his resignation from Congress. Gaetz claims these allegations stem from an extortion plot and have been politically motivated.
Matt Gaetz Net Worth 2024
| Net Worth | $50 Million |
| Annual Income | $11 Million |
| Salary | $174,000 |
| Inheritance | $18 Million |
| Anonymous Gifts | $4.5 Million |
| Stock Portfolio | $10 Million |