Tulsi Gabbard, nominated by President-elect Donald Trump for the role of director of national intelligence, has unveiled substantial financial earnings and investments in a recent disclosure.
Politico reported that Gabbard's commitment to transparency includes plans to divest from specific assets and step down from business roles if confirmed.
The financial disclosure sheds light on Gabbard's substantial earnings accrued over the past year from various media and business engagements.
As a prominent supporter of the MAGA movement, Gabbard reportedly amassed over $1.2 million. Among her earnings, she received nearly $300,000 from an advance for her book titled "For Love of Country: Leave the Democrat Party Behind." This book, part of her media initiatives, explores her transition away from the Democratic Party.
Adding to her income, Gabbard contributed to Fox News, earning approximately $200,000 in this role. Her expertise and insights also found value at the American Center for Law and Justice, where she was compensated $120,000 for her contributions.
Public speaking played a notable role in Gabbard's financial portfolio. Over $170,000 came from various engagements where she shared her expertise and viewpoints with diverse audiences. This showcases her popularity and influence as a public figure.
Her entrepreneurial ventures, namely Tulsi Media LLC and TOA Studios LLC, generated nearly $415,000. These businesses, alongside her podcast "The Tulsi Gabbard Show," formed an essential component of her income strategy, highlighting her diverse revenue streams.
Gabbard's financial portfolio extends beyond earnings, with significant investments in companies and assets. She holds shares valued between $100,001 and $250,000 in both Rumble and Tesla, reflecting an interest in technology and innovation sectors.
Apart from these, she has a stake in Apple, estimated at $1,001 to $15,000, and in Nvidia, valued between $15,001 and $50,000. Her commitment to a Texas real estate fund ranges between $50,001 and $100,000, diversifying her investment profile.
In the cryptocurrency field, Gabbard's investments range from $18,004 to $95,000, covering Bitcoin alongside smaller allocations in Cronos, Solana, and Ethereum. This involvement demonstrates her engagement with emerging digital assets.
In light of her nomination, Gabbard has pledged to divest from certain investments, such as Tesla, Apple, Nvidia, and her cryptocurrency holdings. Her intention is to eliminate potential conflicts of interest before assuming her new role, reinforcing the importance of impartiality and transparency.
Gabbard has also declared that Tulsi Media will cease operations if her nomination is confirmed. She plans to transfer her interest in TOA Media to her husband, further reducing any conflicting commitments related to her business ventures.
Moreover, she has announced plans to halt her podcast activities and resign from eight organizations, including the American Center for Law and Justice and Minnect. This decision aims to ensure her full attention and dedication to her prospective responsibilities.
Despite resigning as a Fox News contributor, Gabbard expects to maintain a "covered relationship" with the network for a duration of one year. This arrangement would potentially enable her to participate in future endeavors with written authorization, balancing her professional affiliations effectively.
Her comprehensive declaration underscores both her financial acumen and commitment to transparency amidst her potential new role in President-elect Donald Trump's administration. By proactively addressing her financial holdings and business interests, Gabbard aims to ensure a smooth transition into her nominated position.
