J. D. Vance
|Net Worth:||$7 Million|
|Birthday:||Aug 02, 1984|
|Age:||38 years old|
|Height:||5.9 feet (180cm)|
|Birthplace:||United States of America|
|Occupation:||Venture Capitalist, Writer, Politician,|
|Last Updated:||August, 2022|
J.D. Vance (born James Donald Bowman) is an American venture capitalist, writer and politician. His net worth is estimated to be around $7 million.
How Did J. D. Vance Become Rich?
James Donald was born in in Middletown, Ohio on August 2, 1984 to Donald Bowman and Bev Vance. After a few years his parents divorced and he was left with his mother that changed his surname from Bowman to Vance. Bev Vance soon married to her third husband.
J. D. Vance went to the public Middletown High School in his hometown and after graduation he enlisted in the United States Marine Corps (USMC). At a time war in Iraq was ranging on and James Donald Vance performed public affairs activities dealing with the media and community issues. At that job he got priceless experience of developing relationships with reporters and other media representatives. That will come in handy in his future endeavors.
Later in life he graduated from the Ohio State University earning Bachelor of Arts degree in philosophy and political science. At the same time he was working for Bob Schuler – Ohio state senator from the Republican Party. It is worth noting that J. D. Vance graduated from the university earning the highest honor summa cum laude.
After finishing Ohio State University, he went to the Yale and received a Juris Doctor. There he met professor Amy Chua which convinced J.D. Vance to write his memoir. He published the memoir in 2016 titled “Hillbilly Elegy: A Memoir of a Family and Culture in Crisis“. The book in an instant received best-selling status, but got mixed reviews. Many readers and media praised it, but many people also called it offensive and not representing the way people live in the South or close to the area of Appalachian Mountains. In 2017 the book was a finalist of the Dayton Literary Peace Prize.
Right after finishing Yale, J. D. Vance got a job at Mithril Capital venture capital firm where he used to serve as a principal. He took part in raising $850 million VC Fund.
In 2017 J. D. Vance joined an investment firm Revolution LLC, founded in 2005 by Steve Case. Working there he was tasked with growing investments in regions outside Silicon Valley and New York. That same year he received a hefty paycheck for selling screen rights on his memoir to Netflix. The movie released in 2020 was named ‘Hillbilly Elegy‘ and starred Amy Adams, Glenn Close and Gabriel Basso. It became a box office bomb, making a little over $38 millions with a budget of 42 million USD.
In 2019 J. D. Vance has founded his own venture capital firm in Ohio named Narya Capital raising $93 million. He founded it with partners Colin Greenspon and Falon Donohue. Additional financial backing was received from Marc Andreessen, Peter Thiel and Eric Schmidt. One year later he invested money in Rumble – a Canadian competitor of YouTube, allowing the platform to grow from 1.6 million monthly users to over 30 million at the beginning of 2021.
In the latest years J.D. Vance is often seen as a political commentator. He is often seen on major media outlets like Fox News, CNN, ABC News, CBS News, TED and others which boost his popularity. After several years of building up electoral base, in the summer 2021 J.D. Vance has announced that he is going to take part in 2022 Ohio Senate elections from the Republican Party. He also has launched website jdvance.com to help his political campaign.
What Is J. D. Vance Net Worth?
J. D. Vance new worth is approximately $7 000 000 million. Most of his money comes from his investments and venture capital firm Narya Capital. But the source of his wealth isn’t limited to this.
Big amount of money J.D. Vance has made from selling his 2016 and 2017 best-seller book ‘Hillbilly Elegy: A Memoir of a Family and Culture in Crisis‘ and later selling screen rights to Netflix. The movie Hillbilly Elegy based off the book flopped in box office, grossing a little over 38 million USD worldwide.
Another source of J.D. Vance income is his public appearances and presentations. Some of them are free, performed to gain popularity and better recognition. Others are paid by various media outlets to get an expert view on venture capital, money and economy in general.
How J. D. Vance Spends His Money?
J. D. Vance spent a lot of money in June 2018, buying a house in Cincinnati, Ohio. He lives there to this day with his wife Usha Chilukuri and two sons and a daughter.
Majority of money he spends on well-being of his family.
- J.D. Vance is married to his former law school classmate, Usha Chilukuri. She is an immigrant from India. She worked as a law clerk in 2014 – 2018, before settling in Cincinnati with Mr. Vance.
- Lindsay Ratliff is his half-sister. They grew up together and have great relationships to this day.
- His grandmother has a special place in his heart as she took great role in his upbringing. She was portrayed in the movie Hillbilly Elegy by Glenn Close.
- J.D. Vance was born in evangelical Protestant family, but later his views changed and he became more leaning toward Catholicism. In 2019 he officially converted to Catholicism at a ceremony in that took place in Cincinnati. Later he said that this religion has influenced his political views the most.
- J.D. Vance is of Scots-Irish descent.