- Pam Bondi owned $3.9 million in Truth Social stock as of mid-December, per financial documents.
- She also earned more than $1 million last year from lobbying.
- Her total net worth in December was more than $12.1 million.
President-Elect Donald Trump’s nominee to be the next attorney general of the United States, Pam Bondi, disclosed owning more than $3.9 million in stock in Trump’s “Truth Social” platform in December.
Bondi disclosed the holdings in a statement of net worth she submitted on December 16 as part of her Senate confirmation process. Business Insider obtained a copy of that document, along a more detailed financial disclosure, on Thursday.
The former Florida Attorney General disclosed a total net worth of $12.1 million between her and her husband. Since Bondi’s tenure ended in 2019, she has worked as a lobbyist and a consultant.
Bondi’s financial disclosure, which covers all major financial activity from last year, lists a $1,067,000 salary from the lobbying firm Ballard Partners, along with $520,000 in consulting fees from the America First Policy Institute and $203,738 in legal fees from a law firm in Fort Lauderdale.
She also earned $27,600 in contributor fees from the conservative network Newsmax. Bondi’s lobbying clients, according to the disclosure, include Alden Torch Financial, multiple sheriff’s associations, and a refrigerant manufacturer called iGas USA. She also provided legal services to the pharmaceutical company Pfizer.
According to the disclosure, Bondi acquired the shares of Truth Social stock as compensation for consulting work when the company completed its SPAC merger and went public last March.
Bondi received $2,969,563 worth of shares at the time, according to the document. That means she earned almost $1 million from the investment in the subsequent nine months.
It’s not clear whether Bondi would be required to divest from those holdings if confirmed to her job. Those details would be contained in Bondi’s ethics agreement, a copy of which had not been made public as of publication on Thursday.
The Trump-Vance transition did not immediately respond to a request for comment.
Many of Trump’s nominees, in consultation with ethics officials in the executive branch, have agreed to divest from some of their assets in order to avoid conflicts of interest.
Bondi was nominated by Trump to lead the Department of Justice after former Rep. Matt Gaetz of Florida withdrew from consideration.
Her confirmation hearings began on Wednesday, and she is widely expected to be successfully confirmed by the Senate.
