Miami Mayor Francis Suarez makes $126,000 working for the city, converting it into crypto. Despite last year’s market rout, the 45-year-old Republican’s net worth more than doubled to $3.5 million.
Suarez was able to pay off almost $1.7 million in debt from the end of 2021, according to regulatory filings. He also acquired new real estate properties and a $235,000 boat.
Suarez, who also works as a lawyer and private equity executive, has faced criticism for possible conflicts of interest related to outside jobs, just as he launched a long-shot White House bid last month. He didn’t disclose his total income in the documents, but Suarez supplemented his city salary with other work, including one at an event promoting Miami as a tech hub.
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