A rising national profile turned Gov. Ron DeSantis into a presidential contender.
It also made him a millionaire.
A financial disclosure filed with the Florida Commission on Ethics shows DeSantis’ net worth as of the end of 2022 grew to $1,174,331. That’s more than three times his reported net worth at the close of 2021, around $318,987.
The significant difference, first reported by the Miami Herald, came from a seven-figure book advance from HarperCollins Publishers. DeSantis’ sources of income show he earned $1.25 million from the New York-based publisher, which released the DeSantis memoir The Courage To Be Free in February. HarperCollins announced the tome in November.
The other primary source of income for DeSantis was his salary as Governor, a little more than $141,000.
A pair of retirement accounts for DeSantis has grown over the past 12 months as well.
A Florida Retirement System fund now sits at almost $55,000, about $7,000 more than its value in 2021. A Thrift Savings Plan has grown from just over $89,000 to nearly $92,000.
But at least as of the end of December, most of DeSantis’ book money sat in a USAA bank account. How he invests or spends that money will likely be unclear until he files financial disclosures for 2023 next June.
The only debt on the books for DeSantis is a Navient/Sallie Mae student loan, now under $19,000.
Florida doesn’t require the reports to include assets or liabilities controlled only by First Lady Casey DeSantis, the Governor’s wife. Should DeSantis win election as President, federal disclosures will also require the release of his spouse’s financials.
The disclosures both show the modest financial earnings of the Governor, who, unlike several predecessors in the Governor’s Mansion, did not arrive rich. DeSantis’ net worth at the end of 2018, days before he took office after winning his first term, was $283,604.
At the time, he had less than $42,000 in his bank account. At the time, he also reported a $450,000 home in Ponte Vedra among his assets, along with a $263,100 home loan; he has since sold the property. He also reported some income from renting that property in 2018.
His net worth has grown steadily in intervening years, but his income until this year has primarily been limited to his salary as Florida’s chief executive.
But the latest disclosures also show how interest in DeSantis as a presidential contender has already significantly enriched him personally.
The book was viewed primarily as a primer for the presidential campaign he launched formally in May. But the profile that made him a viable candidate also made him a bestselling author. His book topped the New York Times bestseller list after its release. There will likely be plenty of royalties to report in the future.
9 comments
Patriot
July 2, 2023 at 10:01 am
I was wondering when the book deal was coming. Politicians and books are synonymous. The reason as you know wealthy donors can’t legally give millions to their politician pal. Solution they find a young writer to pen a book for the elected official and publish it as the work of the Governor, US Senator, President, etc. Then wealthy supporters and corporations purchase millions of copies of the book and donate the books to libraries, schools or simply carry the container load of books to the local landfill. Politician instantly independently wealthy without directly accepting a financial bribe. This has been going on for decades and many national politicians and political activist have gone from bankruptcy to millionaires over night. What a country.
Earl Pitts American
July 4, 2023 at 10:28 am
Good mornting America,
The Ronald’s block buster book is 100% being purchased by working class “regular Joe” Americans who have been saving their pennies for months in an old repurposed mayonaise jar “banks”. And is being read to their childern in log cabins by candle light because they dont have electricty, TV’s, computers, or cell phones. These are the true patriotic backbone of support to the Desantis campaign and wonderfull dirt poor ( think Bidennomics) yet proud Americans.
Ron Desantis’ book sales are a true and honest grass roots American Revolution being financed by true honest American’s who are trying to pull themselves up out of the pitt of Bidenomics by their bootstraps.
What our dear friend Patriot forgot to mention is that what he is describing is the “Leftist Book Sale Model”.
I’m sure Patriot left out that Leftist Model disclaimer in error so I, Earl Pitts American, know for 100% that Patriot is honored for a man like me, Earl Pitts American, to politely point out the error of his [Patriot’s] ways.
Thank you America for your faith and trust in me, Earl Pitts American, to step up and correct mis-information and keep our great nation better informed.
Thank you America,
Earl Pitts American
*note to Patriot: I, Earl Pitts American, will be glad to proof read any of your future postings and make necessary corrections to avoid you having to feel the heavy responsability of being the one providing dangerous miss-information to the American Public*
Robert Planter
July 4, 2023 at 11:09 am
Thank you for the kindness and friendship you have shown to patriot. Im sure he is just devistated that he left out he was describing the leftist model of book sales.
Bob
Earl Pitts American
July 4, 2023 at 11:31 am
Thank you Bob,
A review of Patriot’s IP address indicated he is legit and in no way a Dook 4 brains leftist.
So its all good no harm done
EPA
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July 5, 2023 at 6:52 am
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Cashey
July 2, 2023 at 12:04 pm
Casey is now only $2,000,000 in debt after living Melania’s life in a Florida gubbmint income… they don’t have Gaetz cash but they cover his world.
Dont Say FLA
July 2, 2023 at 12:15 pm
Which billionaire bought Rhonda’s house off them like Clarence?
Tom
July 2, 2023 at 1:29 pm
Good thing I say – now he can pay back that $21K in student debt. He seems happy enough to support the supreme court decision.
Floridiot Losers
July 2, 2023 at 4:27 pm
A Loser’s Loser; broke, shilling for a salary.
Comments are closed.