Juan Manuel Merchan
American Judge and Former Prosecutor
#8 in Justices today
Judge Merchan has a net worth of $11 million making him one of the richest Justices in the country. Merchan is an Obama appointee who has been a trial judge for nearly a decade.
How did Merchan get rich?
Judge Merchan of the United States District Court for the District of Columbia is a wealthy mab.
His private law practice, which she maintained before becoming a judge, was highly successful and represented a number of high-profile clients.
Merchan earned a significant amount of money through his practice, charging as much as $1,000 per hour for his services.
Some of his most notable clients include Clint Eastwood, the National Rifle Association, the National Association of Realtors, and the American Bankers Association.
Trivia: Merchan donated $15,000 to Barack Obama’s campaign between 2008 and 2009. His wife also donated $70,000 towards Biden’s campaign in 2019.
Real Estate Assets
Judge Merchan has amassed a real estate portfolio worth over $6 million. One of his most valuable assets is a five-bedroom, four-bathroom mansion in the upscale Georgetown neighborhood of Washington, D.C. The property is estimated to be worth over $2 million.
Merchan also owns a two-bedroom condo in New York, which is valued at over $1 million. One of his most notable commercial assets is a mixed-use building in the Capitol Hill neighborhood.
Controversies
Judge Merchan has benefited from a number of tax breaks and other financial incentives related to his real estate investments.
For example, Merchan has received over $100,000 in tax breaks through the District of Columbia’s Homestead Tax Credit program. The program is designed to help homeowners offset the cost of property taxes.