Billionaire-bashing lefty Dems immense stock market wins revealed
Silicon Valley Congressman Ro Khanna has branded himself as a hardcore progressive who is actively supporting the state’s controversial billionaire tax on the ballot — but he’s also rolling in cash from the stock market, according to newly compiled financial disclosure filings.The Democrat had a VERY good run on the stock market last year.His family’s trusts made a whopping 5,402 trades, making moves on almost all active trading days in 2025, during a time when the stock market was posting above-average returns.Overall, the latest disclosure reveals Khanna had a total stock trading volume of up to $165.4 million, which included sales of up to $70.6 million in stocks and other assets.
His stock market fortunes are an improvement from 2024, when he had less than $50 million in sales with a trading volume of $137 million.Khanna’s luck with the market is such that he’s even surpassed well-known stock-market-trend-setter Rep.Nancy Pelosi (D-Calif.) when it comes to artificial intelligence, which has powered most of the stock market’s growth in recent years.Khanna earned a 143% return of between $100,000 and $250,000 on Nvidia stock that his wife purchased in February 2024, before the federal CHIPS Act helped to more than double the company’s share price.Since he entered office in 2017, data compiled by the website Rokhanna.Money shows Khanna’s net worth grew from between $29 million and $78 million to between $69 million and $167 million end of last year.Khanna has said that he supported one version of a congressional ban on stock trading, and that neither he nor his family directly make trades.“My household’s only investments are held in a diversified trust my in-laws set up before marriage for my wife and children, managed independently by a third-party trustee,” he said in a newsletter.Still, his wealth has enabled Khanna to reportedly make some lavish purchases.
He owned a $6 million, 8,000-square-foot luxury Washington, D.C., home equippe...