Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now
Marco Rubio's Net Worth Is 7 Figures—Here's Where It Came From
 Mark Schiefelbein / POOL / AFP

Mark Schiefelbein / POOL / AFP


Key Takeaways

  • U.S. Secretary of State Marco Rubio has an estimated net worth of more than $1 million, according to Forbes.

  • Rubio's net worth comes largely from his salary as a government official and a real estate property in his home state of Florida.

  • Rubio also has earned royalties from writing several books.



Marco Rubio, President Donald Trump's secretary of state, was the first member of the new cabinet to be confirmed. For years a senator from Florida, he differs from some members of Trump's inner circle on financial terms: He's not exactly one of the ultra-rich.

Neither a tech entrepreneur nor a titan of finance, Rubio's money has come mostly from his government salary, his home and book royalties. (For examples of some of Trump's wealthier advisers, here's our coverage of the fortunes of Elon Musk, Howard Lutnick, and Robert F. Kennedy Jr.)

Rubio served as a U.S. senator from 2011 to 2025, and was a member of the Florida House of Representatives before that. He ran unsuccessfully for the Republican presidential nomination in 2016.

He has an estimated net worth of more than $1 million, according to Forbes. Here's how Rubio got there.

Senate and Secretary of State Salaries

Rubio earned an estimated $174,000 annually in his years as a U.S. senator from 2011 to 2025. In his latest role secretary of state, Rubio will earn more than $200,000 each year, according to Forbes.

Rubio's most recent financial disclosure, from August 2024, shows stock in Coca-Cola (KO) and Cisco Systems (CSCO) valued at between $1,001 and $15,000 each. Both assets were divested after the report was filed, according to endnotes on the disclosure.

Book Royalties

Rubio has written several books, incluidng "An American Son," "American Dreams," and "Decades of Decadence." He earned an $800,000 book advance in 2012 for "An American Son," per Forbes.

He earned $102,500 in royalties from Penguin Random House for "American Dreams," according to the secretary of state's financial disclosures.

Rubio also earned more than $100,000 from sales of his most recent book, "Decades of Decadence," which came out in 2023, according to an estimate by Forbes. Rubio's 2024 disclosure shows he earned up to $50,000 in royalties for "Decadence."

Real Estate

Rubio bought a property in Miami in 2021 for just under $1 million. It is now valued at about $1.75 million, according to an estimate by Forbes.

Read the original article on Investopedia