Kevin McCarthy Net Worth: A Politician & Experienced Trader

Kevin McCarthy Net Worth A Politician & Experienced Trader

Kevin McCarthy net worth is over $300,000. He is known for his strong defense of President Donald Trump and is also one of the wealthiest lawmakers.

McCarthy was born in Bakersfield, California in 1965 and received his degree from California State University, Bakersfield. 

He is a member of the Republican Party and previously served as a representative for the 32nd district in the California State Assembly from 2002 to 2006. He was also the Minority Leader of the California State Assembly from 2004 to 2006, and the House Republican Chief Deputy from 2009 to 2011.

Kevin McCarthy has been a member of the U.S House of Representatives since January 2007, representing California’s 22nd district until 2013 and then representing the 23rd district. 

From August 2014 to January 2019, he served as the House Majority Leader. In addition to his political career, McCarthy has also been involved in the California Young Republicans and the Young Republican National Federation, serving as chairman for both organizations.

Kevin McCarthy’s properties 

Kevin McCarthy is living a life of luxury and his rising income has given him the means to do so. 

His interest in cars has led him to invest in a wide array of pricey rides, with reports claiming he recently spent $120,000 USD on a Jaguar XF alone. He also owns a Lexus ES, Toyota Vellfire, BMW X6, Aston Martin DBX and Lincoln Continental. 

An 8,800-square-foot home in California is the setting for his luxurious lifestyle including two indoor pools, ten bedrooms and twelve bathrooms. Not only that, but the exterior of the home is just as lavish with its own tennis court and wine cellar giving it an almost palace-like feel.

What kind of insider trading has kevin mccarthy done before?

On February 12, 2021, Kevin McCarthy made a large purchase of 30,478 units for a total of over $786.35K. 

Then on April 21, 2021, he received an order to sell 35,000 units, totaling more than $1.64 million. Kevin McCarthy has been employed at Bank of New York Mellon Corp. for seven years and has completed approximately 33 deals in total. 

He tends to do most of his trading in February, with the years 2022, 2020, and 2021 being particularly active for him. On October 21, 2022, there was also a selling order placed for 20,000 units worth around $787.31K.

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