Wealth & Disclosure · OGE

JD Vance's Net Worth, by His Own Disclosure

Every senior official files a federal financial disclosure — an itemized list of what they own and earn. We read Vice President Vance's in full. It reports a net worth of $6.5–$22.4 million, almost no individual stocks, a Peter Thiel–backed venture-capital fund, $250K–$500K in Bitcoin held in office, and royalties from Hillbilly Elegy. We show the money; you draw the conclusions.

Source: U.S. Office of Government Ethics · Form 278e (annual) Filing: 2025 annual Published:
$6.5–22.4M
Net Worth (Disclosed Range)
OGE Form 278e
0
Individual Stocks
index funds & a VC fund instead
$1–5M
Narya Capital Note
his Thiel-backed VC fund
$250–500K
Bitcoin Held
while in office
0

The Vice President holds almost no individual stocks. His disclosure is broad-market ETFs, his own venture fund, a book and Bitcoin — a portfolio with far fewer single-company conflicts than the headlines suggest.

OGE Form 278e · 2025 annual filing
The Document

The Filing Every Official Has to Make — Finally Readable

Official White House portrait of Vice President JD Vance
Vice President JD Vance. Official White House portrait · Public domain (The White House)

The President, the Vice President and every Cabinet member file a financial disclosure with the U.S. Office of Government Ethics (OGE): an annual snapshot of what they own and earn (Form 278e), plus a report every time they buy or sell (Form 278T). The documents are public — just scanned PDFs with no database and no search.

So we parsed Vice President Vance's. Every figure on this page comes from his own OGE filing. We report what it says, and draw no conclusions.

This isn't only about one man. Every president and Cabinet secretary files these. We track the whole executive branch the same way we track all 538 members of Congress.
The Number

How Much Is JD Vance Worth?

The honest answer is a range. The OGE form records each asset in a bracket, so a precise figure isn't possible from the document alone. Adding up his disclosed brackets yields a net worth of roughly $6.5 million to $22.4 million — a fraction of a percent of the President's. It is the portfolio of a successful venture investor and author, not a business empire: a few large fund and ETF positions, a venture stake, some real estate, and cash.

Why a range, not a number. OGE brackets cap and band each asset, so any single “net worth” figure is an estimate. The defensible statement is the $6.5M–$22.4M band the form itself supports.
The Source

Where the Money Comes From

Two engines: venture capital and a bestselling book. After Yale Law and a stint in finance, Vance worked at Peter Thiel's Mithril Capital and then co-founded Narya Capital, a Cincinnati venture fund seeded with Thiel backing. His 2016 memoir Hillbilly Elegy became a No. 1 bestseller and a Netflix film. Both show up directly in the filing: a $1–5 million promissory note from Narya Capital Management, a stake in Narya Capital Fund I, and Hillbilly Elegy royalties of $50,001–$100,000 a year.

What He Holds

The Portfolio: ETFs, a VC Fund, a Book and Bitcoin

The largest line items in the disclosure, by the form's value brackets:

AssetWhat it isDisclosed value
Promissory Note — Narya Capital VCNote from his venture firm$1M–$5M
Invesco QQQ ETFNasdaq-100 index fund$1M–$5M
SPDR S&P 500 (SPY) ETFS&P 500 index fund$1M–$5M
SPDR Dow Jones (DIA) ETFDow 30 index fund$500K–$1M
Narya Capital Fund I, LP VCHis venture fund stake$500K–$1M
Residential real estate, Washington DC Real estateRental property$500K–$1M
SPDR Gold Trust (GLD) ETFGold$250K–$500K
Bitcoin CryptoCryptocurrency$250K–$500K
iShares 20+ Yr Treasury (TLT) ETFLong-term US Treasuries$100K–$250K
Hillbilly ElegyBook royalties (annual income)$50K–$100K

Notice what isn't there: no individual public-company stocks. Vance's market exposure is almost entirely through diversified index funds plus his own venture fund — a structure that carries far fewer single-company conflicts than a hand-picked stock portfolio. His largest disclosed liability is a $1–5 million Charles Schwab line of credit.

The assets you can actually picture

Most of his book is index funds — but three holdings are concrete, and all three are disclosed:

A physical Bitcoin coin representing JD Vance's cryptocurrency holding
Bitcoin
$250K–$500K
Held in office, while the administration writes crypto policy.
Photo: Tiberiandusk / CC BY-SA 4.0
Gold bullion bars representing JD Vance's SPDR Gold Trust holding
Gold (GLD)
$250K–$500K
SPDR Gold Trust — a bet on the metal, not on any company.
Photo: Ank Kumar / CC BY-SA 4.0
The Nasdaq MarketSite in Times Square representing JD Vance's index-fund holdings
Index funds · QQQ & SPY
$1M–$5M each
The Nasdaq-100 and S&P 500 — the whole market, not single stocks.
Photo: ajay_suresh / CC BY 2.0
Images are Creative-Commons works from Wikimedia Commons, credited per image. They illustrate the asset class; the values are the OGE Form 278e brackets.

See it next to the rest of the executive branch.

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The Crypto Line

A Vice President Holding Bitcoin in Office

One line stands out for a sitting Vice President: a Bitcoin position valued at $250,001–$500,000, retained on his disclosure while the administration formulates federal cryptocurrency policy. It is disclosed and legal — and it is exactly the kind of holding the disclosure system exists to make visible.

Disclosed, not hidden. The point of the 278e is that the public can see a personal Bitcoin stake sitting alongside a policy portfolio that now includes crypto. We state the fact and allege nothing about it.
The Overlap

The One Tie Worth Watching: Narya and Peter Thiel

Vance's disclosure keeps him tied to Narya Capital — the fund he co-founded with backing from Peter Thiel, who also funded a roughly $15 million super PAC supporting Vance's 2022 Senate campaign. He retains the Narya Fund I stake, the $1–5 million Narya note, and a management-fee receivable. None of this is hidden; all of it is on the 278e. It is simply the relationship a reader should keep in view — the same backer behind both his fortune and his political rise.

The Comparison

How He Stacks Up

At $6.5–$22.4 million, Vance is wealthy by any normal standard and modest by the standard of this administration. President Trump's disclosed net worth runs into the billions; Cabinet members like Howard Lutnick and Scott Bessent are worth hundreds of millions to billions. Against the richest members of Congress, Vance lands in the upper-middle of the pack — with a cleaner, more index-driven portfolio than most.

Follow the whole executive branch.

The President, the Vice President and all 15 Cabinet secretaries — disclosures parsed, scored and tracked the day they post.

See the Cabinet →
The Method

How We Count It

Every figure aggregates parsed line items from Vice President Vance's OGE Form 278e annual disclosure. Asset and income figures use the form's brackets, which band each holding (for example, “$1,000,001 – $5,000,000”), so the net-worth figure is a defensible range rather than a single number. We report what the document says and draw no legal conclusions about any person.

Scope & caveats. OGE brackets band values by design; treat every figure as a range. Figures reflect the latest filing parsed as of June 2026 and may be superseded by later amendments. GovGreed reports what the disclosure says and draws no legal conclusions.

The Vice President is one of seventeen.

Vance, the President and all 15 Cabinet secretaries file the same paperwork — and so do all 538 members of Congress. We read it, score it, and track every new filing the day it posts. Start free, no card required.

Frequently Asked Questions

What is JD Vance's net worth?
His OGE Form 278e supports a net-worth range of roughly $6.5 million to $22.4 million. The form bands each asset, so it's a range, not one number. His biggest line items are a $1–5 million promissory note from Narya Capital and seven-figure positions in broad-market ETFs.
Does JD Vance own individual stocks?
Effectively no. His disclosure lists almost no individual company shares — his market exposure is through index ETFs (QQQ, SPY, DIA, GLD, TLT) plus his Narya Capital venture fund, real estate and cash. That carries far fewer single-company conflicts than a hand-picked stock portfolio.
Does JD Vance own Bitcoin?
Yes — a $250,001–$500,000 Bitcoin holding, retained while the administration sets crypto policy. It is disclosed and legal.
Where does JD Vance's wealth come from?
Venture capital and writing. He co-founded Narya Capital, a Thiel-backed Cincinnati VC fund, after a role at Thiel's Mithril Capital, and earns royalties from his memoir Hillbilly Elegy. The filing shows a $1–5M Narya note, a Narya Fund I stake, and $50K–$100K in annual book royalties.
Where does this data come from?
Entirely from Vice President Vance's own filing with the U.S. Office of Government Ethics — the annual Form 278e — the same public disclosure every president, vice president and Cabinet member must file. GovGreed parsed and organized it.
About this data. Figures are parsed from Vice President JD Vance's filing with the U.S. Office of Government Ethics — the annual Form 278e. Asset and income figures use the form's value brackets, so all figures are ranges. Source: U.S. Office of Government Ethics.

Not financial advice. All data from public federal disclosures. GovGreed reports disclosed financial information and does not allege that any person violated any law.