Matt Gaetz’s Net Worth 2024 – Earnings, Assets & Lifestyle

Matt Gaetz’s Net Worth 2024 – Earnings, Assets & Lifestyle

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According to the latest tax documents filed with the IRS, Matt Gaetz’s Net Worth is estimated to be $700 Thousand. 

Matt Gaetz is an American lawyer and politician who has served as the U.S. representative for Florida’s 1st congressional district. Matt Gaetz is a House Armed Services Committee member and the House Judiciary Committee. 

Matt Gaetz is widely known for being very vocal and having strong opinions about issues affecting contemporary America.

Early Life

Matt Gaetz was born on May 7, 1982, in the sun-soaked city of Hollywood, Florida. His mother, Vicky, worked as a pharmacist for over two decades, while his father, Don Gaetz, is a former politician and healthcare executive.

Going even further back, Matt’s paternal grandfather, Jerry Gaetz, was a North Dakota politician who made history when he tragically passed away from a heart attack while on air during the 1964 Republican National Convention. 

At sixteen years old, Matt’s father, Don, tragically witnessed his own father’s passing on live television.

Don lobbied Congress in the early 80s, and his efforts were rewarded when they passed the Hospice Care Reimbursement Act, enabling Medicare to cover hospice costs.

A year later, Don and his associates transformed a non-profit hospice care company managed by a religious organization into the profitable enterprise VITAS Healthcare.

In 2004, Don Gaetz saw his net worth skyrocket when Chemed acquired VITAS for $400 million. Today, Chemed is reaping the rewards, as their two primary assets – VITAS and Roto-Rooter – generate a staggering $2 billion in revenue annually.

In 2003, Matt Gaetz completed his studies at Florida State University before earning a JD from the College of William & Mary.

Upon his graduation from William & Mary, Matt ventured to Fort Walton Beach, where he secured a position with a prestigious law firm.

Truman Show House

In 1991, Matt’s parents paid $125,000 for a home in Santa Rosa Beach, Florida. In 1998 their home became famous after it was used in the film “The Truman Show”, as the home of Jim Carrey, as Truman Burbank, and Laura Linney, as Meryl Burbank. 

Matt would have been around 15 when filming occurred.

So Matt Gaetz not only grew up in “The Truman Show” neighborhood, he literally grew up in the Truman’s home.

In the movie, the home’s address number was 36, which Don and Vicky kept fixed above the front door and kept a sign outside the gate that says “The Truman House”.

Political Career

Matt Gaetz served as a Florida House of Representatives member from the 4th district from April 2010 to November 2016. 

He began serving as a member of the U.S. House of Representatives from Florida’s 1st district in January 2017. His district covers much of the Florida Panhandle including Pensacola and his home of Fort Walton Beach. After law school, he worked for a law firm in his hometown.

Drunk Driving Arrest and Other Citations

In 2008, Gaetz was arrested on suspicion of DUI while making his way back from a nightclub on Okaloosa Island, Florida. Initially denying he had been drinking, he failed two field sobriety tests and was charged accordingly, though the charges were later dropped.

Over the span of 15 years, v reported that Congressman Gaetz had accumulated an alarming sixteen speeding tickets in Florida!

Personal Life

Gaetz and Ginger Luckey announced their engagement in December 2020–a momentous occasion considering Ginger’s brother Palmer Luckey was the founder of Oculus VR, a company which Facebook acquired for a whopping $2 billion in 2014.

Matt Gaetz’s Assets & Investments

Matt Gaetz owns over 4 real estate properties, 5 Cars, and 1 Luxury Yacht. Matt Gaetz’s Assets also include Cash reserves of over $6 Million. 

Matt Gaetz also owns an investment portfolio of 7 stocks valued at $3 Million. A few of the stocks owned by Matt Gaetz are listed below. See Tulsi Gabbard’s Net Worth.

  • IBM
  • Meta Platforms
  • Netflix
  • Salesforce
  • ExxonMobil

FAQs About Matt Gaetz

Is Matt Gaetz Related to Don Gaetz?

Donald Jay Gaetz, a Republican stalwart and the proud father of Congressman Matt Gaetz, has a long history of service in Northwest Florida. From 2006 to 2016, he served with distinction in the Florida State Senate, even becoming Senate President from 2012 to 2014.

What District Does Michael Waltz Represent in Florida?

Congressman Michael Waltz, a decorated Green Beret who is still a colonel in the U.S. Army National Guard and a former White House and Pentagon policy advisor, proudly represents Florida’s 6th Congressional District – which encompasses Flagler, Volusia, Lake, and St. Johns counties.

Who Is Matt Gaetz’s Wife?

In December 2020, Matt Gaetz excitedly proclaimed his engagement to the vivacious Ginger Luckey, the sister of Oculus VR founder and notable Republican donor Palmer Luckey. After a year of planning, the couple tied the knot in 2021.

Who Does Matt Gaetz Represent?

Matt Gaetz has served as the U.S. representative for Florida’s 1st congressional district since 2017.

Who Is Matt Gaetz’s Parents?

Don Gaetz (father), Victoria Gaetz (mother).

Conclusion

Matt Gaetz is a true success story. Despite only being in office since 2017, he has already amassed an impressive $700 thousand net worth. 

His relentless work ethic, savvy investments, and willingness to take on any challenge contributed to his financial success.

His story is of hard work and determination, setting an example for young entrepreneurs everywhere. If you’re looking to increase your financial success, take a page from Matt Gaetz’s book and make the most of every opportunity that comes your way.

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Written by

Aeron Rupar

Reviewed By

Judith

Judith

Judith Harvey is a seasoned finance editor with over two decades of experience in the financial journalism industry. Her analytical skills and keen insight into market trends quickly made her a sought-after expert in financial reporting.