BY DAVE PRICE
Daily Post Editor
Congressman Ro Khanna, who is eyeing a run for president, is the South Bay’s most outspoken critic of the rich. In fact, he co-sponsored the Make Billionaires Pay Their Fair Share Act with Sen. Bernie Sanders, that calls for a 5% annual wealth tax on billionaires.
Khanna isn’t a billionaire; his net worth is an estimated $340 million, according to financial disclosure reports members of Congress are required to file annually.
Khanna owns a 8,000-square-foot D.C. mansion with marble finishes and a four-story elevator.
The Washington Free Beacon, a right-of-center news site, says the Khannas are ditching the mansion and moving to an even larger and more expensive property nearby.
Khanna’s two children, who are minors, have trust funds and each fund owns large stakes in three private golf clubs, according to the disclosure forms analyzed by the Free Beacon.
The Free Beacon reports that Khanna’s wife drives a $190,000 Range Rover she was so displeased with that she sued the dealer.
The Khannas “live a life of staggering luxury, fueled by dynastic wealth they did not earn and protected by the same thicket of trusts, anonymous corporations, and foundations that Khanna condemns,” wrote Free Beacon reporter Andrew Kerr.
Khanna didn’t earn his fortune. In 2015, he married Ritu Ahuja, whose father, Monte Ahuja, is the founder of Transtar Industries in Cleveland, a distributor of auto parts. Khanna’s millions come from his wife’s family.
Despite his opulent wealth, the San Jose congressman bashes the rich and supports Democratic Socialist candidates such as New York Mayor Zohran Mamdani.
When Khanna speaks, you’d never know about his wealth. Reporters with legacy news operations never question him about it in interviews. The Mercury News and Chronicle aren’t going to write about it. But now you know.
Editor Dave Price’s column appears on Mondays.
Be the first to comment