In January 2025, JD Vance was sworn in as the Vice President of the United States, marking a significant milestone in a life that has been anything but conventional. From a humble upbringing in Ohio to a career spanning military service, venture capital, and politics, Vance’s journey to the White House is as compelling as it is inspiring. At 40 years old, Vance is the third-youngest vice president in U.S. history, and his story is one of grit, perseverance, and a bit of luck.
So, how much is JD Vance worth in 2025, and how did he make his money? Let’s dive into the details.
JD Vance’s Net Worth in 2025
As of 2025, JD Vance’s net worth is estimated to be around $10 million, according to a financial disclosure form filed with the U.S. Office of Government Ethics in August 2024. The bulk of Vance’s assets are tied up in exchange-traded funds (ETFs), retirement accounts, and money market funds. One of his largest holdings is the Invesco QQQ Trust fund, valued at over $1 million. In addition to these investments, Vance has a modest amount of cash savings and some Bitcoin holdings.
For someone who now occupies the Vice President’s office, Vance’s financial profile is relatively conservative. His investments suggest a focus on long-term growth rather than high-risk ventures, a strategy that aligns with his reputation for pragmatism.
Vance’s Salary as Vice President
In his new role, Vance earns an annual salary of $235,100, a notable increase from the $174,000 he made as a U.S. senator. This salary adjustment reflects the Vice President’s expanded responsibilities, which include both domestic and international duties. While the salary is substantial, it’s clear that Vance’s primary focus has been on his investments and his political career rather than personal wealth accumulation.
From Humble Beginnings to the White House
James David Vance was born James Donald Bowman on August 2, 1984, in Middletown, Ohio. Raised by his grandparents due to an absentee father and a mother struggling with addiction, Vance’s early life was anything but easy. His memoir, Hillbilly Elegy: A Memoir of a Family and Culture in Crisis, chronicles his challenging upbringing in a working-class community and became a bestseller, providing a raw and honest look at the struggles of America’s Rust Belt.
Vance’s journey from Middletown to the White House is a testament to the power of resilience and education. After graduating from Middletown High School in 2003, Vance enlisted in the U.S. Marine Corps, where he served as a military journalist during Operation Iraqi Freedom. He left the Marines as a corporal in 2007 and used his G.I. Bill benefits to attend Ohio State University, graduating with a degree in political science and philosophy.
The Move to Venture Capital and Politics
After earning his law degree from Yale in 2013, Vance briefly practiced corporate law before being encouraged by PayPal founder Peter Thiel to pursue a career in entrepreneurship. Vance worked in venture capital, first at Mithril Capital Management and later at Revolution, a firm founded by AOL’s Steve Case.
In 2020, Vance founded Narya, an Ohio-based venture capital firm that focuses on early-stage tech investments. Narya, which received backing from Thiel, has invested in a range of startups across the Midwest, helping to revitalize a region often overlooked by Silicon Valley investors.
A Reluctant Politician Turned Vice President
In 2022, Vance was elected to the U.S. Senate representing Ohio, running on a platform that prioritized border security, manufacturing revitalization, and policies aimed at helping working-class families. His Senate career was marked by a focus on economic issues, and his ability to connect with blue-collar voters made him a rising star in the Republican Party.
Vance’s partnership with Donald Trump in the 2024 presidential election came as a surprise to some, but it proved successful. At 40, Vance is now the third-youngest Vice President in American history, bringing a fresh perspective to the White House.
How Does JD Vance Spend His Money?
Despite his wealth, Vance is known for his modest lifestyle. Prior to moving to the Vice President’s residence, Vance lived in East Walnut Hills, a historic neighborhood in Cincinnati, Ohio, with his wife Usha and their three children. The family home, valued at around $1.5 million, was financed with a 30-year mortgage at a 3.85% interest rate, reflecting a cautious approach to finances.
His financial disclosure also revealed that Vance avoids high-risk investments, preferring to keep his money in ETFs, retirement accounts, and real estate. This conservative financial strategy suggests that Vance’s focus remains on long-term security rather than immediate gains.