Latest Fact-Checks In Wealth

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X posts
X posts
stated on February 11, 2025 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
Threads posts
stated on November 17, 2024 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
November 18, 2024
Democratic Senatorial Campaign Committee
Democratic Senatorial Campaign Committee
stated on September 20, 2024 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
Joe Biden
stated on January 25, 2024 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
James Woods
stated on December 10, 2023 an X post
Joe Biden’s net worth was $41 million in 2022.
False
By Kwasi Gyamfi Asiedu • December 19, 2023
Facebook posts
Facebook posts
stated on April 23, 2023 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
Robin Vos
stated on January 19, 2023 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
American Action Network
stated on August 26, 2022 an ad
Joe Biden's student debt forgiveness plan is a "bailout for rich kids."
Mostly False
August 31, 2022
Glenn Grothman
Glenn Grothman
stated on May 21, 2022 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
Democratic Party of Wisconsin
stated on April 29, 2022 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
X posts
stated on May 8, 2022 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
Instagram posts
stated on February 15, 2022 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
Viral image
stated on October 23, 2019 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
November 2, 2021
Viral image
Viral image
stated on October 10, 2021 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
October 13, 2021
Instagram posts
Instagram posts
stated on June 22, 2021 an Instagram post
"President Trump's net gain while in office $0, Nancy Pelosi's net gain while in office $191 million."
Half-True
July 7, 2021
Terry McAuliffe
Terry McAuliffe
stated on March 10, 2021 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
Facebook posts
Facebook posts
stated on March 8, 2021 a Facebook post
Says Alexandria Ocasio-Cortez's net worth is “over $1 million.”
Pants on Fire!
March 10, 2021
Facebook posts
Facebook posts
stated on June 17, 2020 a Facebook post
Former slave Nancy Green, the first Aunt Jemima model, died “as one of America’s first black millionaires.”
False
June 22, 2020
Joe Biden
Joe Biden
stated on June 10, 2020 a USA Today op-ed
“Today, the gap between African American and white homeownership is larger than it was in the late 1960s.”
True
By Miriam Valverde • June 11, 2020
Viral image
Viral image
stated on February 9, 2020 a Facebook post
“This is a 1927 News Article showing America was sold to five Billionaires The Rothschild’s, Rockefellers, DuPont’s, Harriman’s and Warburg’s.”
Pants on Fire!
February 11, 2020
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