Loeffler’s assets are substantial, according to its annual financial statements, which were submitted on the afternoon of May 1 after an extension in Januaryhow his income as CEO of Bakkt.
The long-awaited financial statements
Although Loeffler initially delayed submitting his mandatory degree when he took office in January, it is now available. According to the SEC files of Bakkt’s parent company, the Intercontinental Exchange (ICE), $ 980,000 of the $ 3.5 million was in cash, the rest in the form of capital.
In addition to a profit of $ 3.5 million from employment at Bakktthe new Files show an impressive portfolio of investments likely to be in the hundreds of millions of dollars.
After the inappropriate trade controversy when Loeffler’s portfolio had a big sale after a closed session of the congress in January about the coronavirus pandemic, Loeffler said she would let go of her actions.
Together with the presentation of the annual financial statements on Friday evening, Loeffler’s team compared the criticism of his wealth to socialism.
“The left, the swamp, and career politicians will use my success to attack me, just as they attacked our president and family because we reject socialism, defend freedom, and apologize for the free enterprise system.” made this country great. “
Bakkt’s parent ICE and Loeffler’s husband
Loeffler’s husband Jeffrey Sprecher is the CEO of Bakkt’s parent company ICE.. ICE also owns the New York Stock Exchange. In recent statements to the SEC Reported earnings from speakers, including stocks, were $ 14.425 million.
According to Roll Call estimates in 2018 Only 5 Congressmen were worth more than $ 100 million at the time. Loeffler is certainly one of the richest, especially when you consider her husband’s probable fortune.
In view of Loeffler’s wealth controversy and the fact that Loeffler rose to office by appointment rather than electionIt may come as no surprise that A recent poll shows that Loeffler can lose to Republican compatriot Doug Collins in November.