Florida Governor Ron DeSantis’ Net Worth Surges 18% in 2024

Florida Governor Ron DeSantis saw a significant increase in his net worth in 2024, with an impressive growth of nearly 18%. His financial gains are primarily attributed to a successful book deal that continues to bolster his finances.

Financial Overview

As of December 31, 2024, DeSantis reported a net worth of $2,087,550, a considerable rise from $1,773,157 at the close of 2023. This marks the third consecutive year that the governor has benefitted financially from his publication titled The Courage to Be Free: Florida’s Blueprint for America’s Revival.

Income from Book Deal

• 2024 Earnings: DeSantis received $625,500 from HarperCollins Publishers LLC — maintaining the same amount earned in 2023.
• 2022 Earnings: Prior to this, he earned $1.25 million in 2022 from the same publisher.
• Book Release: The book was launched in February 2023 as DeSantis geared up for his presidential campaign, although he subsequently withdrew from the race in early 2024.

Before the book deal, DeSantis’ financial standing was notably lower, with a net worth of $318,986 in 2021 and climbing to $1,174,331 in 2022.

Breakdown of Assets and Liabilities

Florida’s elected officials are obliged to submit financial-disclosure forms by July 1 each year, reflecting their income, assets, and liabilities from the previous year. Here’s a summary based on DeSantis’ latest report:

Assets

• USAA Checking and Savings: $573,109
• Interactive Brokers Savings Account: $1.31 million
• Thrift Savings Plan: $99,803
• Florida Retirement System: $116,859

DeSantis reported no real estate holdings, residing with his family at the governor’s mansion, and his sole liability is $15,095 in student loan debt.

Comparison with Previous Year

At the end of 2023, the financial assets of DeSantis included:

• USAA Accounts: $351,078
• Interactive Brokers Savings Account: $1.26 million
• Thrift Savings Plan: $95,592
• Florida Retirement System: $84,196

Comparative Financial Status of Other Florida Officials

Other Florida elected officials also reported notable increases in their net worth, showcasing a trend of financial growth within the state’s leadership:

• Wilton Simpson (Agriculture Commissioner): His net worth rose to $19,775,803 from $16,903,558 in 2023, largely due to a joint money-market account worth $3.54 million. Simpson also reported income from various sources, including $139,628 from the state and over $1 million from his business ventures.

• Ashley Moody (Former Attorney General): Moody’s net worth stood at $4,426,804 upon leaving her position, a slight decrease from $4,428,428 in 2023.

• Jimmy Patronis (Former Chief Financial Officer): Patronis reported a net worth of $9.25 million, up from $8.16 million at the end of 2023.

• Jeanette Nuñez (Former Lieutenant Governor): On her departure, Nuñez reported a net worth of $2.45 million, a rise from $2.086 million the previous year.

Replacements and Upcoming Financial Disclosures

Governor DeSantis has made several appointments to fill vacancies in state offices but has not yet announced successors for Nuñez and Patronis. Updated financial-disclosure reports are mandatory by July 1, with a grace period extending until September 1, after which daily fines may apply for late submissions.

Conclusion

Ron DeSantis’ financial growth reflects the success of his book and a general trend among elected officials in Florida. This increase in net worth demonstrates the potential financial rewards linked to public service and personal brand success, making it a noteworthy topic among Florida’s political landscape.

For further insights into Ron DeSantis’ financial disclosures and other political updates, visit CBS News.