Vice President JD Vance earned millions of dollars during 2025, with the bulk of his income stemming from royalties tied to his bestselling memoir, “Hillbilly Elegy,” according to his latest annual financial disclosure report released by the Office of Government Ethics.
The disclosure shows Vance earned as much as $7.4 million during the year through a combination of book royalties, investment income and real estate holdings.
A significant portion of that income came from his publishing agreements. According to the filing, Vance received between $1 million and $5 million in domestic royalties from publisher HarperCollins. The amount represents a substantial increase from the previous year’s disclosure, when he reported earning between $50,001 and $100,000 from the same source.
The financial report also details earnings from publishing agreements outside the United States. Vance reported royalty and licensing deals with publishers in several countries, including Germany, Japan and Brazil.
His largest upfront payment from an international publishing agreement came from Chinese publisher Beijing Mediatime, which paid him $59,500, according to the disclosure.
Overall, the filing indicates that Vance’s book-related agreements generated an additional $901,000 to $4.9 million more than they had the previous year.
The sharp rise in publishing income coincided with renewed public interest in Vance after he became President Trump’s running mate, placing him in the national spotlight during the election cycle.
Outside of his publishing earnings, Vance’s investment portfolio showed relatively little movement compared to the previous filing.
The vice president continued to report holding between $250,001 and $500,000 worth of Bitcoin, the same reported value range listed a year earlier.
His cryptocurrency holdings generated minimal additional income, with the disclosure showing he earned less than $201 through his Coinbase account connected to those investments.
In addition to digital assets, Vance’s overall financial portfolio includes investments in the stock market as well as real estate holdings, both of which contributed to his total reported earnings for 2025.
Although Vance reported a sizable increase in income, his earnings remained well below those disclosed by President Donald Trump.
According to financial disclosures released this week, Trump earned more than $2 billion during the first year of his second term in office. The figure marks a significant increase from the approximately $600 million he reported earning in 2024.
The release of the financial disclosure reports comes as Republicans prepare their economic messaging ahead of what is expected to be a closely watched midterm election cycle.
The disclosures have also drawn attention from Democrats, who have pointed to the reports while questioning Republican messaging on affordability, an issue that continues to rank among voters’ top concerns.
Vance’s 17-page disclosure provides a detailed look at his sources of income during 2025, with royalties from “Hillbilly Elegy” accounting for the overwhelming share of his reported earnings. Along with investment holdings in stocks, real estate and cryptocurrency, the filing offers the latest snapshot of the vice president’s personal finances as required under federal ethics rules.
The report shows that while Vance’s investment portfolio remained largely unchanged over the past year, renewed demand for his memoir substantially increased his overall income during 2025.
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