Vice presidential candidate JD Vance, 40, has amassed a multimillion fortune in the two decades since he left behind the hardscrabble childhood he described in his bestselling 2016 memoir “Hillbilly Elegy.”
Vance’s net worth is estimated at between $4.8 million and $11.3 million, according to federal disclosure forms filed in August. While that’s a far cry from the estimated $6.7 billion fortune of his running mate, former President Donald Trump, Vance’s wealth far surpasses the median U.S. household net worth of $193,000.
Vance parlayed his tough upbringing into a life of rare privilege after attending Yale Law School, where he met his wife, Usha, and made connections with wealthy patrons, including the right-leaning billionaire Peter Thiel, co-founder of PayPal. After graduating from Yale, Vance was hired by Thiel’s firm Mithril Capital, marking the start of a career in venture capital that helped build his fortune.
“I mean, look, I wanted to make money — I’m not saying I’m anti-making money,” Vance told the New York Times in October about his decision to start a career in venture capital. “But when I thought about what I really wanted out of my life, what I really wanted was what Usha and I have right now. And I wanted to raise our kids in stability.”
Vance added that when he was a child and people asked his address, he was never sure he would be at the same location a month later because of the financial instability of his…