:max_bytes(150000):strip_icc()/INV_MarcoRubio_GettyImages-2196910179-d6324ff752fa4b4c9583a3e51f72f5b3.jpg "Marco Rubio’s Web Value Is 7 Figures—This is The place It Got here From")
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Key Takeaways
- U.S. Secretary of State Marco Rubio has an estimated internet price of greater than $1 million, in keeping with Forbes.
- Rubio’s internet price comes largely from his wage as a authorities official and an actual property property in his house state of Florida.
- Rubio additionally has earned royalties from writing a number of books.
Marco Rubio, President Donald Trump’s secretary of state, was the primary member of the brand new cupboard to be confirmed. For years a senator from Florida, he differs from some members of Trump’s inside circle on monetary phrases: He isn’t precisely one of many ultra-rich.
Neither a tech entrepreneur nor a titan of finance, Rubio’s cash has come principally from his authorities wage, his house and ebook royalties. (For examples of a few of Trump’s wealthier advisers, this is our protection of the fortunes of Elon Musk, Howard Lutnick, and Robert F. Kennedy Jr.)
Rubio served as a U.S. senator from 2011 to 2025, and was a member of the Florida Home of Representatives earlier than that. He ran unsuccessfully for the Republican presidential nomination in 2016.
He has an estimated internet price of greater than $1 million, in keeping with Forbes. This is how Rubio received there.
Senate and Secretary of State Salaries
Rubio earned an estimated $174,000 yearly in his years as a U.S. senator from 2011 to 2025. In his newest position secretary of state, Rubio will earn greater than $200,000 annually, in keeping with Forbes.
Rubio’s most up-to-date monetary disclosure, from August 2024, reveals inventory in Coca-Cola (KO) and Cisco Techniques (CSCO) valued at between $1,001 and $15,000 every. Each belongings had been divested after the report was filed, in keeping with endnotes on the disclosure.
Guide Royalties
Rubio has written a number of books, incluidng “An American Son,” “American Goals,” and “A long time of Decadence.” He earned an $800,000 ebook advance in 2012 for “An American Son,” per Forbes.
He earned $102,500 in royalties from Penguin Random Home for “American Goals,” in keeping with the secretary of state’s monetary disclosures.
Rubio additionally earned greater than $100,000 from gross sales of his most up-to-date ebook, “A long time of Decadence,” which got here out in 2023, in keeping with an estimate by Forbes. Rubio’s 2024 disclosure reveals he earned as much as $50,000 in royalties for “Decadence.”
Actual Property
Rubio purchased a property in Miami in 2021 for slightly below $1 million. It’s now valued at about $1.75 million, in keeping with an estimate by Forbes.
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