How rich is Alexandria Ocasio-Cortez?

Name: Alexandria Ocasio-Cortez

Born: October 13, 1989

Occupation: Entrepreneur and politician

Alexandria Ocasio-Cortez, fair use

Alexandria Ocasio-Cortez, fair use

Alexandria Ocasio-Cortez was born in The Bronx, New York. She is the daughter of Sergio Ocasio, an architect, and Blanca Ocasio-Cortez. Her family would later relocate to a wealthy neighborhood of Westchester County.

She graduated from Yorktown High School in 2007. Alexandria enrolled in Boston University and graduated with a bachelor’s degree in international relations and economics in 2011. During her time in college, Alexandria interned in the immigration office for U.S. Senator Ted Kennedy.

Alexandria is presently married and resides in the Bronx.

Once she completed her post-secondary studies, she returned to her hometown, where she worked as a bartender and a waitress. Alexandria would eventually start the Brook Avenue Press, a publishing company that was financially supported by the Sunshine Bronx Business Incubator. She was also an educator at the National Hispanic Institute and volunteered as the Educational Director of the 2017 Northeast Collegiate World Series.

She first entered the world of politics when she served as an organizer for the 2016 presidential campaign of Senator Bernie Sanders (I-VT). In 2018, Alexandria ran in the Democratic primary for New York’s District 14, competing against 10-term incumbent Representative Joseph Crowley.

The odds were stacked against her: Crowley’s campaign spent $3.4 million to Alexandria’s $200,000; establishment Democrats, like Governor Andrew Cuomo and Senator Chuck Schumer endorsed her opponent; and the mainstream press gave her very little coverage, leading to widespread criticism. She did garner support from New York gubernatorial candidate Cynthia Nixon, Black Lives Matter, and certain wings of the Democratic Party.

In the end, she received more than 57 percent of the vote, compared to Crowley’s 42 percent. Alexandria will now compete against Republican nominee Anthony Pappas, an economics professor. So far, no one believes he will win, especially since Alexandria is now a media darling.

Alexandria is a democratic socialist. She favors a federal job guarantee, free tuition, free healthcare, and forgiving U.S. student loan debt. She also wants to abolish U.S. Immigration and Customs Enforcement (ICE), create a Green New Deal, and impeach President Donald Trump.

Since becoming a political rock star overnight, she has received some negative press. It was reported that she, despite claiming to be a “Girl from the Bronx,” was raised in an affluent neighborhood. Also, a former colleague claimed Alexandria kept most of the tips at Flats Fix rather than sharing it among her co-workers.

We estimate that Alexandria Ocasio-Cortez’s net worth is $200,000 (2018).

So how much is $200,000 really?

$200,000 can pay off the tuition for a master’s degree. $200,000 represents about one-fifth of what Senator Bernie Sanders makes in a year.

 

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