# @benzinga on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/DF_P0zhqDEo
- **Gondola URL:** https://gondola.cc/posts/26648510-benzinga-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/264dc1715d.jpg
- **Posted:** 2025-02-12T21:42:06.000+00:00
- **Account Owner:** Benzinga | News That Moves (@benzinga) — https://gondola.cc/benzinga

## Caption

Billionaire Elon Musk targeted members of Congress who enjoy rising wealth amounts while in office, which comes as retail traders place larger emphasis on politicians’ stock and options trading activity.

Members of Congress can buy and sell stocks, options and cryptocurrency as long as they disclose the transactions in a timely manner.

This activity has drawn increased scrutiny in recent years as trades made by members of Congress often appear to be conflicts of interest based on non-public knowledge and can sometimes be stocks related to government-funded contracts.

A post that discussed several prominent members of Congress with their annual salaries and net worths caught the attention of Musk, who is currently the world's richest person worth $379 billion.

"It's not like these politicians started companies or were NBA All-Stars, so where did they get all the money? Does anyone know?" Musk tweeted.

The quoted tweet included the following members of Congress:

Nancy Pelosi (D-Calif.): Annual salary $223,000, Net worth $202 million
Mitch McConnell (R-Ky.): Annual salary $200,000, Net worth $95 million
Chuck Schumer (D-N.Y.): Annual salary $210,000, Net worth $75 million
Elizabeth Warren (D-Mass.): Annual salary: $285,000, Net worth $67 million
The replies included a post from the original poster with additional examples of politicians who have net worths of more than $50 million.

"I am not suggesting anything. Make your own conclusions," the poster tweeted.

The annual salaries in the post could include other sources of income and may not be strictly their Congressional salary.

The post also doesn't take into account how much the net worth of members of Congress was before they took office or what their spouses do.

Pelosi's husband Paul Pelosi is a venture capitalist who regularly buys and sells technology stocks. While the former speaker of the house has been accused of providing insider information to her husband in the past, her husband makes investments as part of his career.

## Stats

- **Views:** 0
- **Likes:** 16,728
- **Shares:** 0
- **Comments:** 1,250

## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Benzinga | News That Moves | @benzinga | https://gondola.cc/benzinga | Brand |
| Jacob Shipley | @okcmayor | https://gondola.cc/okcmayor | Director of Social Media |

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