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Wealth

Scorecard

true
0% 19 Checks
mostly true
0% 30 Checks
half true
0% 19 Checks
mostly false
0% 24 Checks
false
0% 21 Checks
Pants on Fire
0% 6 Checks
For more details, see the Principles of PolitiFact

All Fact-checks for Wealth

Donald Trump
stated on November 8, 2026 in an interview on CBS’ “60 Minutes” :
Says his $3 billion net worth increase during his second presidency is because of stocks.
Mostly False
By Grace Abels • November 9, 2026
Angie Nixon
stated on October 23, 2026 in an interview:
Florida U.S. Sen. Ashley Moody “is trading stocks and she’s gotten richer” by $2 million since entering Congress.
Mostly False
By Samantha Putterman • October 30, 2026
WinSenate
stated on October 19, 2026 in an ad:
“After just five years in Washington,” Republican U.S. Rep. Ashley Hinson is “$8 million richer.”
Mostly False
By Caleb McCullough • October 23, 2026
Bernie Sanders
stated on June 12, 2026 in an X post:
“Today, Elon Musk, a trillionaire, pays the same amount into Social Security as someone making $184,500.”
Mostly True
By Caleb McCullough • June 17, 2026
X posts
stated on February 11, 2025 in a post:
Rep. Nancy Pelosi has a $223,000 salary and a $202 million net worth. Sen. Mitch McConnell has a $200,000 salary and a $95 million net worth. Sen. Chuck Schumer has a $210,000 salary and a $75 million net worth. Sen. Elizabeth Warren has a $285,000 salary and a $67 million net worth.
Mostly False
By Sara Swann • February 18, 2025
Threads posts
stated on November 17, 2024 in Threads posts:
“Elon Musk has $180 Billion and there are 8B people on earth. If he gave us each $1B he’d still have $172B left.”
False
By Sofia Ahmed • November 18, 2024
Democratic Senatorial Campaign Committee
stated on September 20, 2024 in Campaign ad:
Says Wisconsin GOP U.S. Senate candidate Eric Hovde “brags about being in the 1%.”
Mostly True
By Ricardo Torres • October 10, 2024
Joe Biden
stated on January 25, 2024 in Public appearance:
“There are a thousand billionaires now and you know what their average tax rate is? 8%.”
False
By Sophia Voight • January 26, 2024
James Woods
stated on December 10, 2023 in an X post:
Joe Biden’s net worth was $41 million in 2022.
False
By Kwasi Gyamfi Asiedu • December 19, 2023
Facebook posts
stated on April 23, 2023 in a Facebook post:
Rep. Alexandria Ocasio-Cortez, D-N.Y., “is now worth $29 million dollars.”
Pants on Fire!
By Loreben Tuquero • April 3, 2023
Robin Vos
stated on January 19, 2023 in Speech:
In Wisconsin, even multimillionaires can be on BadgerCare “because we don’t even ask people what their income level is to qualify for free health care.”
Mostly True
By Madeline Heim • February 9, 2023
American Action Network
stated on August 26, 2022 in an ad:
Joe Biden’s student debt forgiveness plan is a “bailout for rich kids.”
Mostly False
By Tom Kertscher • August 31, 2022
Glenn Grothman
stated on May 21, 2022 in Newsletter:
“Nearly 60% of all student loan debt is held by the rich and upper-middle class,” so forgiveness would give the wealthy a “financial windfall” but not really help low-income people.
Half-True
By Laura Schulte • June 10, 2022
Democratic Party of Wisconsin
stated on April 29, 2022 in News release:
“The tax carve out (Ron) Johnson spearheaded overwhelmingly benefited the wealthiest, over small businesses.”
True
By Madeline Heim • June 7, 2022
X posts
stated on May 8, 2022 in a tweet:
“Is ANYONE asking how Ron DeSantis was worth $340,000 in 2020 and is now worth $52 million?”
False
By Yacob Reyes • May 12, 2022
Instagram posts
stated on February 15, 2022 in an Instagram post:
“The CEO of Moderna deleted his Twitter and dumped $400 million of Moderna stock. Big Pharma seems to know some bad news is coming.”
Mostly False
By Sara Swann • February 17, 2022
Viral image
stated on October 23, 2019 in a Facebook post:
“The 550 U.S. billionaires together are worth $2.5 trillion. If we confiscated 100% of their wealth, we’d raise enough to run the federal government for less than eight months.”
Mostly True
By Tom Kertscher • November 2, 2021
Viral image
stated on October 10, 2021 in a Facebook post:
“Under part 2 of the infrastructure bill, upon death the entire value of your accumulated wealth and estate will be taxed at 61%.”
False
By Tom Kertscher • October 13, 2021
Instagram posts
stated on June 22, 2021 in an Instagram post:
“President Trump’s net gain while in office $0, Nancy Pelosi’s net gain while in office $191 million.”
Half-True
By Tom Kertscher • July 7, 2021
Terry McAuliffe
stated on March 10, 2021 in a speech:
“If you look at the average teacher pay compared to the average pay of your citizens, Virginia ranks last.”
True
By Warren Fiske • March 22, 2021
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