Profile
United States Senator from New Jersey
#26 in Politics today
Senator Bob Menendez has a net worth of $17 million, according to Forbes. In December of 2022, Menendez acquired a parcel of 750 acres in Maui, Hawaii. His wealth also includes gold bars and bonds.
Following the recent wildfires that ravaged Maui, he expanded his holdings by purchasing an additional 1,150 acres at a significantly reduced price.
He also possesses numerous real estate properties and commercial plots located in New Jersey, from which he generates hundreds of thousands of dollars in annual rental income.
Few months ago, Menendez has sold a $2.2 million property to Ilhan Omar. Recent searches at his properties uncovered 25 lbs of gold and tens of diamond watches.
Bob Menendez Net Worth 2024
| Net Worth | $18 Million |
| Salary | $205,000 |
| Annual Income | $4.7 Million |
| Land Owned | 1,900 acres |
| Stock Portfolio | $5 Million |
Bank Records
According to recently leaked documents on Reddit, it has been revealed that Bob Menendez possesses three bank accounts associated with his social security number.
Among these accounts, his personal one is held at JPMorgan, showing a balance of $1.20 million. He also owns Gold Bonds worth $500K in this account.
He additionally maintains a Wells Fargo Checking account, which he uses to receive business earnings, anonymous contributions, and gifts.
The closing balance for this account stands at $2.86 million. Until recently, Menendez and Chuck Schumer has traded in stocks together.
Investments
Menendez also maintains a trading account with Morgan Stanley, where he owns stocks valued at $5 million, including investments in companies like Boeing, Amazon, Johnson & Johnson, Lockheed Martin, Walmart, and Pfizer.
Corruption Charges
In 2015, he faced federal corruption charges related to allegations of accepting gifts, gold bars and campaign contributions in exchange for political favors.
Even though this case was put on hold for over a decade due to his high net worth and huge influence in the Washington, Menendez is finally going on trail in 2024.