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		<title>RFK Jr. reports up to $1.2M in credit card debt, $30M net worth</title>
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		<pubDate>Wed, 22 Jan 2025 23:34:24 +0000</pubDate>
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					<description><![CDATA[From a multimillion-dollar law firm payout to six-figure endorsements and book deals, President Donald Trump’s nominee for health and human services secretary, Robert F. Kennedy Jr., raked in at least $12 million in total income in the past two years, new personal financial disclosure forms show. Kennedy boasted a vast amount of wealth across various [&#8230;]]]></description>
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<p class="EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC ">From a multimillion-dollar law firm payout to six-figure endorsements and book deals, President Donald Trump’s nominee for health and human services secretary, Robert F. Kennedy Jr., raked in at least $12 million in total income in the past two years, new <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://extapps2.oge.gov/201/Presiden.nsf/PAS+Index/A56222F259495B0D85258C1A00565073/$FILE/Kennedy%2C%20Jr.%2C%20Robert%20F.%20%20final278.pdf" target="_blank">personal financial disclosure forms</a> show.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Kennedy boasted a vast amount of wealth across various investment funds, bank accounts and real estate properties totaling between $8.6 million to $33.4 million. However, he also reported a staggering amount of liabilities &#8212; between $3.4 million and $12.7 million &#8212; which could put him in the red on paper.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Kennedy&#8217;s liabilities include up to $1.2 million in credit card debt to American Express at a 23% revolving interest rate and three 30-year mortgages worth up to $10.5 million, according to the filing.</p>
<div class="oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY rPLsU iulOd NIuqO zzscu lzDCc aHUBM IEgzD OjMNy eQqcx SVqKB GQmdz jaoD VWDdR ONJdw vrZxD OnRTz gbbfF roDbV GPGwb oMlSS gfNzt oJhud eXZcf zhVlX ">
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<div class="FvQLF iLTd NqeUA UzzHi iWsMV "><picture class="lazyload"><source media="(max-width: 414px)" data-srcset="https://i.abcnewsfe.com/a/858df3c0-827e-4cca-a68b-9c09b625f454/rfk-trump-1-ap-bb-250122_1737581373179_hpMain.jpg?w=375, https://i.abcnewsfe.com/a/858df3c0-827e-4cca-a68b-9c09b625f454/rfk-trump-1-ap-bb-250122_1737581373179_hpMain.jpg?w=750 2x"><source media="(min-width: 415px)" data-srcset="https://i.abcnewsfe.com/a/858df3c0-827e-4cca-a68b-9c09b625f454/rfk-trump-1-ap-bb-250122_1737581373179_hpMain.jpg?w=750, https://i.abcnewsfe.com/a/858df3c0-827e-4cca-a68b-9c09b625f454/rfk-trump-1-ap-bb-250122_1737581373179_hpMain.jpg?w=1500 2x"></picture></div>
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<div class="nMMea bNYiy Mjgpa dGwha DDmxa jgKNG RGHCC aBIU PriDW lZur " data-testid="prism-caption">
<p><span class="hsDdd OOSI GpQCA lZur VlFaz " data-testid="prism-truncate"><span><span class="gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ ">In this Aug. 23, 2024 file photo, Republican presidential nominee former President Donald Trump shakes hands with Robert F. Kennedy Jr. at a campaign rally at the Desert Diamond Arena in Glendale, Ariz.</span></span></span></p>
<p><span class="gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ YNujN JGtjI aZFDu rkKLh ">Evan Vucci/AP</span></p>
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<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">The exact values of his total assets and liabilities are unclear because federal financial disclosures are reported in ranges.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">A major chunk of Kennedy&#8217;s income since 2023 was his nearly $9 million payout from his law firm Kennedy <!-- -->&amp; Madonna LLP, which is now called Madonna <!-- -->&amp; Madonna LLP after Kennedy resigned last week.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">His main source of income from the past year stemmed from hefty referral fees from multiple law firms, arrangements which Kennedy noted <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://extapps2.oge.gov/201/Presiden.nsf/PAS+Index/F3C8425ED335BB5685258C1A00565D57/$FILE/Kennedy%2C%20Jr.%2C%20Robert%20F.%20%20finalEA.pdf" target="_blank">in his ethics agreement</a> that he will terminate upon his confirmation. However, he stated he plans to retain a contingency fee interest in cases that do not involve the U.S. government.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">In his ethics agreement, Kennedy disclosed that among the cases he has referred to the Wisner Baum law firm are claims filed under the National Vaccine Injury Compensation Program (VICP), from which he said he will divest his interest.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Kennedy, who has been a vocal supporter of cryptocurrency and has spoken at multiple Bitcoin conventions, also reported owning between $1 million to $5 million in Fidelity’s Bitcoin fund, the filing shows.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Kennedy also disclosed smaller holdings in biotech companies Dragonfly Therapeutics and CRISPR Therapeutics AG, as well as in other companies like Progressive Corp, Amazon and Apple, from which he said he plans to divest after his confirmation.</p>
<h2 class="RxNCg ykkUm PvZ nIjPJ PMXYp LmsHF SfAHY mNgye lNbol LBPRq ">Credit card debt potentially doubled in 6 months</h2>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Kennedy&#8217;s credit card debt potentially doubled in just six months, a comparison of his liabilities in his new disclosure filing and his disclosure from last year suggest.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">In July 2024, Kennedy, as a presidential candidate, <a class="zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE " data-testid="prism-linkbase" href="https://s3.documentcloud.org/documents/25355683/kennedy-jr-robert-f-2024-278pc-1.pdf" target="_blank">disclosed</a> having credit card debts to American Express worth $360,004 to $715,000, at roughly 23% revolving interest rate.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">In his latest disclosure submitted in late December 2024 and publicly released today, Kennedy&#8217;s American Express debts snowballed into between $610,000 and $1.2 million.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">It&#8217;s unclear how much, exactly, his credit card debt increased in the past few months because liabilities are reported in ranges, but the latest disclosure shows his debts have potentially grown exponentially.</p>
<h2 class="RxNCg ykkUm PvZ nIjPJ PMXYp LmsHF SfAHY mNgye lNbol LBPRq ">Money from book deals</h2>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Kennedy is set to earn millions from multiple book deals, including up to $4 million in advances for books titled “Unsettled Science” and “A Defense for Israel.” Kennedy also earned $1,000 for an advance for a book titled “Vax-UnVax: Let the Science Speak.”</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">According to his disclosure, two of the three books have already been written prior to his nomination, and he does not plan to engage in “writing, editing, marketing, or promotional services” while serving as HHS Secretary.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Kennedy earned little income from the fourteen books he has already published – such as &#8220;American Values: Lessons I Learned from my Family&#8221; and &#8220;Vaccine Villains: What the American Public Should Know about the Industry&#8221; — making less than $200 from each title, according to the disclosure form.</p>
<h2 class="RxNCg ykkUm PvZ nIjPJ PMXYp LmsHF SfAHY mNgye lNbol LBPRq ">Money from endorsements</h2>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Kennedy earned $100,000 from his endorsement of a boxing ball game called Boxbollen in a video he posted on his social media accounts last month, though he returned $50,000 after cancelling the contract following his nomination as health and human services secretary.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">&#8220;Mr. Kennedy had a pre-existing contract prior to his nomination, after posting the video &#8211; he realized it was best to delete it and cancel the contract,” a source close to Kennedy told ABC News in November.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Kennedy also earned $200,000 in speaking fees during three days in November, speaking at the Rockbridge Fall Summit in Las Vegas &#8212; organized by a conservative donor network co-founded by Vice President JD Vance – and Genius Network Annual Event in Scottsdale, Arizona.</p>
<h2 class="RxNCg ykkUm PvZ nIjPJ PMXYp LmsHF SfAHY mNgye lNbol LBPRq ">Hollywood money</h2>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Kennedy also disclosed dozens of sources of compensation from his wife Cheryl Hines, an actress best known for her role on HBO’s &#8220;Curb Your Enthusiasm.&#8221;</p>
<div class="oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY rPLsU iulOd NIuqO zzscu lzDCc aHUBM IEgzD OjMNy eQqcx SVqKB GQmdz jaoD VWDdR ONJdw vrZxD OnRTz gbbfF roDbV GPGwb oMlSS gfNzt oJhud eXZcf zhVlX ">
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<div class="FvQLF iLTd NqeUA UzzHi iWsMV "><picture class="lazyload"><source media="(max-width: 414px)" data-srcset="https://i.abcnewsfe.com/a/299f67bf-dc38-4823-88a1-59b11d6b229c/rfk-cheryl-gty-bb-250122_1737581566801_hpEmbed_3x2.jpg?w=375, https://i.abcnewsfe.com/a/299f67bf-dc38-4823-88a1-59b11d6b229c/rfk-cheryl-gty-bb-250122_1737581566801_hpEmbed_3x2.jpg?w=750 2x"><source media="(min-width: 415px)" data-srcset="https://i.abcnewsfe.com/a/299f67bf-dc38-4823-88a1-59b11d6b229c/rfk-cheryl-gty-bb-250122_1737581566801_hpEmbed_3x2.jpg?w=750, https://i.abcnewsfe.com/a/299f67bf-dc38-4823-88a1-59b11d6b229c/rfk-cheryl-gty-bb-250122_1737581566801_hpEmbed_3x2.jpg?w=1500 2x"><img decoding="async" alt="" class="hsDdd vBqtr KrDt itslR SjwtZ hakZw HlUVI " data-testid="prism-image" draggable="false" loading="lazy" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" data-src="https://i.abcnewsfe.com/a/299f67bf-dc38-4823-88a1-59b11d6b229c/rfk-cheryl-gty-bb-250122_1737581566801_hpEmbed_3x2.jpg"></picture></div>
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<div class="nMMea bNYiy Mjgpa dGwha DDmxa jgKNG RGHCC aBIU PriDW lZur " data-testid="prism-caption">
<p><span class="hsDdd OOSI GpQCA lZur VlFaz " data-testid="prism-truncate"><span><span class="gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ ">U.S. Secretary of Health and Human Services nominee Robert F. Kennedy Jr. and his wife Cheryl Hines depart at the conclusion of the inauguration ceremony for President Donald Trump, Jan. 20, 2025, in Washington.</span></span></span></p>
<p><span class="gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ YNujN JGtjI aZFDu rkKLh ">Chip Somodevilla/POOL/AFP via Getty Images</span></p>
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<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">In addition to that show, Hines earns residual payments from multiple films and television shows including &#8220;Friends,&#8221; &#8220;Herbie,&#8221; &#8220;Waitress,&#8221; &#8220;The Conners,&#8221; &#8220;The Flight Attendant&#8221; and &#8220;A Bad Moms Christmas.&#8221;</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">Hines also received a $600,000 advance payment for her memoir &#8220;My Shade of Crazy.&#8221;</p>
<h2 class="RxNCg ykkUm PvZ nIjPJ PMXYp LmsHF SfAHY mNgye lNbol LBPRq ">Oil rIghts, properties in Chicago</h2>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy ">As was disclosed in his previous financial disclosure from his 2024 presidential bid, Kennedy had previously owned oil and gas rights in Oklahoma, Texas, Kansas, Louisiana, Mississippi, Alabama and Florida but sold them in the past year, netting roughly $55,000 from the sales, according to the filing.</p>
<p class="EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN ">He also reported owning commercial properties in Chicago worth between $700,000 and $1.5 million.</p>
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