What is Matt Gaetz’s net worth and Salary?
Matt Gaetz is a lawyer and politician from the United States with a net worth of $700 thousand. He was elected to Congress in 2016 and currently represents Florida’s 1st district. Gaetz started his term in January 2017.
Matt Gaetz’s Reported Net Worth
Matt Gaetz’s net worth was reported to be more than $1 million in 2010, despite earning only $29 thousand that year. In 2016, Gaetz’s personal financial disclosure revealed that his net worth was just under $500,000. Since then, he has not released any additional financial disclosures.
Early Life and Family
Matt Gaetz was born on May 7, 1982, in Hollywood, Florida. His mother, Vicky, worked as a pharmacist for over two decades, while his father, Don Gaetz, was a former politician and healthcare executive. Matt’s paternal grandfather, Jerry Gaetz, was a North Dakota politician who died of a heart attack live on television at the 1964 Republican National Convention, which Don witnessed when he was 16 years old.
Family’s Hospice Business
In the 1980s, Don successfully lobbied Congress to pass the Hospice Care Reimbursement Act, which made hospice costs covered by Medicare. He then converted a nonprofit hospice care company run by a religious organization into a for-profit entity called VITAS Healthcare, which he later sold for $400 million to Chemed in 2004. Today, Chemed generates around $2 billion per year in revenue from VITAS and Roto Rooter. According to a financial report, Don’s net worth was $25 million after the VITAS sale.
Education and Career
Matt graduated from Florida State University in 2003 and earned his JD from the College of William & Mary. After graduating, he worked for a law firm in Fort Walton Beach.
Matt Gaetz Grew Up in the Famous “Truman Show” Home in Santa Rosa Beach, Florida
In 1991, Matt’s parents purchased a home in Santa Rosa Beach for $125,000. Seven years later, the home became famous after it was used as the home of Jim Carrey’s character, Truman Burbank, in the film “The Truman Show.” Matt would have been around 15 years old at the time of filming.
The home’s address number in the movie was 36, and the characters of Don and Vicky kept a sign outside the gate that read “The Truman House.” As a result, Matt Gaetz not only grew up in the famous “Truman Show” neighborhood, but he literally grew up in the Truman’s home.
Matt Gaetz’s Political Career
Matt Gaetz served in the Florida House of Representatives from 2010 to 2016 and has been a member of the U.S. House of Representatives from Florida’s 1st district since 2017. His district includes Pensacola and Fort Walton beach.
After law school, Gaetz worked for a law firm in his hometown. He is known for being an enthusiastic supporter of President Trump.
Arrest for DUI and Multiple Speeding Tickets
In 2008, Matt Gaetz was arrested for driving under the influence after reportedly failing two field sobriety tests. He had been returning from a nightclub on Okaloosa Island, Florida, and initially denied drinking. However, the charges were ultimately dropped.
According to The Scripps Florida Investigative Team, Gaetz received 16 speeding tickets between 1999 and 2014 in Florida.
Engagement to Ginger Luckey
In December 2020, Matt Gaetz became engaged to Ginger Luckey. Ginger’s brother, Palmer Luckey, founded the company Oculus VR, which was acquired by Facebook in 2014 for $2 billion.
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