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Jack Schlossberg, the only grandson of former president John F. Kennedy who is running in the Democratic primary for New York's 12th Congressional District, received no "earned income" in 2025 but holds millions of dollars worth of assets in four trust funds, a Washington Free Beacon review of his financial disclosures found.

The total value of Schlossberg’s disclosed assets ranges from $10.5 million to $31.9 million, according to the disclosures, which cover the period between January 2025 and February 2026. His assets include lucrative investment portfolios parked in four trust funds worth between $4.1 million and $11.7 million, the 25-page document shows. The documents indicate Schlossberg owns a stake of up to $5 million in Red Gate Farm LLC, the corporation that manages the remainder of a vast Martha's Vineyard estate once owned by his grandmother, Jacqueline Kennedy Onassis.

Schlossberg generated plenty of income from his financial holdings: He reported receiving up to $1,000,000 in dividends and capital gains from an investment in chipmaker Nvidia in 2025 alone. But he disclosed no "earned income"—that is, money earned from working a job.

Schlossberg also disclosed a number of "positions." He listed himself as the "managing member" of Squid Island LLC, a "social media political commentary" company worth up to $100,000; as a "member" of Red Gate Farm LLC, the corporation that controls the Martha's Vineyard estate; as a "member" of Rory's Place LLC, a restaurant in California; and as a "political correspondent" for Vogue. A Vogue representative, however, said Schlossberg "was Vogue's election correspondent through the 2024 election, so he did not work with us in 2025."

The disclosures tell the story of a 33-year-old loaded with family money who does little besides post commentary online. Schlossberg has amassed hundreds of thousands of followers on Instagram and TikTok, where he posts bizarre political content. In one since-deleted video, he filmed himself performing a Nazi salute that was likely intended to mock Tesla billionaire Elon Musk, the Free Beacon reported.

In addition to his short-lived stint at Vogue, Schlossberg, who holds degrees from Harvard and Yale universities, briefly worked as a staff assistant in the State Department's Bureau of Oceans and International Environmental and Scientific Affairs in 2016. His longest-running position appears to be his role as chairman of the John F. Kennedy Library Foundation’s New Frontier Award, which he held from 2013 to 2023.

https://freebeacon.com/democrats/kennedy-scion-jack-schlossberg-had-no-earned-income-in-2025-but-has-four-trust-funds-disclosures-show/

(http://www.autoadmit.com/thread.php?thread_id=5815643&forum_id=2Reputation#49720447)