Matt Gaetz’s Surprising Family Wealth

Republican Congressman Matt Gaetz—who is reportedly facing a Justice Department investigation into whether he had a sexual relationship with a minor—countered this week, tweeting Tuesday: “[M]y family and I have been victims of an organized criminal extortion involving a former DOJ official seeking $25 million while threatening to smear my name.”

If that sounds like a lot of money, that’s because it is. But the Gaetz family, prominent in Florida politics, has it. Forbes estimates that Gaetz and his parents are worth about $30 million, based on financial disclosures filed with the state of Florida and the United States House of Representatives.

Matt Gaetz reported assets of just $235,000 to $625,000 on his most recent Congressional disclosure form, which requires representatives to list most, but not all, of their holdings. That makes him wealthy enough, but…

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