Rep. Ro Khanna (D-CA) has spent years positioning himself as the scourge of the ultra-wealthy, barnstorming the country to warn working Americans about the dangers of tech billionaires and dynastic wealth.
Turns out he forgot to mention his own.
A jaw-dropping investigation from the Washington Free Beacon just blew the lid off the Silicon Valley congressman’s personal finances, and the details will leave you wondering exactly who he thinks he’s been talking about all this time.
The $6 Million Home With Marble in the Laundry Room
The progressive congressman and his family live a life of staggering luxury, fueled by dynastic wealth they did not earn and protected by the same thicket of trusts, anonymous corporations, and foundations that Khanna condemns. Khanna lives in a $6 million, 8,000-square-foot luxury home with a four-story elevator and so much premium marble that even the two laundry rooms have marble counters.
And that place is apparently not good enough anymore.
The Northwest Washington, D.C., home is now for sale, as the Khanna family prepares to move to an even larger, more expensive house a few miles away in the Northern Virginia suburbs. He’s moving on up to a nearly $10 million home near the exclusive Virginia private school that his two young children attend.
Khanna’s wife drives a $190,000 Range Rover she was so displeased with that she sued the dealer. A Washington Free Beacon investigation into Khanna’s finances finds that the progressive truthteller’s lifestyle is funded by his wife, Ritu Ahuja Khanna, an heiress to her father’s Cleveland auto parts fortune.
The Kids Already Own Three Private Golf Clubs
“Khanna’s two children, who are minors, have large ownership shares in three private golf clubs, a significant stake in a $65 billion wealth management firm, and investments in hedge funds that focus on distressed debt, of which Khanna has been critical,” Washington Free Beacon reporter Andrew Kerr wrote.
These are not teenagers with summer jobs. His two young children, both under 10, own stakes in three private golf courses in Ohio.
Khanna reported his children own “over $1,000,000” in Barrington Golf Club in Aurora, Ohio, which charges new members an initiation fee of up to $30,000, according to records obtained by the Free Beacon. The children earned between $100,000 and $1 million in unearned income from their investment in Barrington in 2024, Khanna said in his financial disclosure that year.
The California Democrat’s children own another stake worth “over $1,000,000” in ARECO Golf, which owns Sand Ridge Golf Club near Chardon, Ohio, and Mayfield Country Club in South Euclid, Ohio — membership initiation fees at those two clubs run upward of $45,000. Khanna’s children earned another $100,000 to $1 million in unearned income from ARECO in 2024.
For his two young children, Khanna reported in 2024 they own between $26 million and more than $73 million in irrevocable trusts, a wealth transfer vehicle that could shield them from future inheritance taxes.
His Net Worth Could Top $340 Million
In 2024, Khanna’s financial disclosures clocked in at 333 pages of non-text-searchable tables, listing over 3,000 individual assets owned by him, his wife, and his children. Put together, those assets are worth anywhere from $103 million to more than $340 million, according to a Free Beacon review. It’s possible that the net worth of Khanna’s nuclear family could far exceed $340 million.
Where did all of it come from? Khanna’s family wealth comes from his father-in-law, Monte Ahuja, an Indian-born, Cleveland auto parts magnate turned investor and philanthropist. Like many of the global ultra-rich with generational wealth, Ahuja has set up various trusts and other financial models to benefit his children and grandchildren.
An analysis of Khanna’s financial disclosures reveals his gilded life is enriched by the same sort of investment vehicles that Khanna has said he has a “moral” duty to oppose and that Khanna’s family is a beneficiary of the “New Gilded Age” he condemns.
He Hates Hedge Funds — Except the Ones His Family Owns
Khanna has positioned himself as an opponent of hedge funds, saying in 2021 there was “visceral anger” over their role in propelling economic inequality in the United States. But Khanna, in his 2024 financial disclosure, reported that his wife and children, through their trusts, own positions in hedge funds including Silver Point Distressed Opportunity Fund, a Connecticut-based hedge fund that specializes in buying debt from struggling companies, typically at a steep discount.
And he insists none of it is his fault.
Khanna maintains he has never traded stocks and never will, telling the Political Wallet Substack page in May that he has “zero say” and “zero knowledge” of the trades being made by his wife’s trust, which was set up by his father-in-law prior to their marriage in 2015.
But here’s the thing. Khanna is also one of the loudest advocates in support of banning members of Congress from trading individual stocks, saying the practice presents a specter of insider trading that has caused a “crisis of confidence right now in our democracy.” At the same time, Khanna holds the crown as the most prolific stock trader in Congress by a wide margin, with his disclosures showing that the trusts owned by his wife and children made over 4,100 individual trades totaling an estimated $53 million in 2025 alone.
Taxing Billionaires — Just Not Himself
Khanna supported Democratic Socialist Zohran Mamdani during his successful campaign to become New York City’s mayor, and wrote in a Fox News op-ed that Americans are living in a “new Gilded Age.” He echoed that sentiment on Bill Maher’s Real Time, saying, “We didn’t fight a revolution to be ruled by tech billionaires.” He has also bashed the “Epstein class” and pushed the Make Billionaires Pay Their Fair Share Act alongside socialist Senator Bernie Sanders (I); the legislation called for establishing a 5% annual wealth tax on American billionaires.
One billionaire noticed the convenient gap between Khanna’s rhetoric and his own balance sheet.
Billionaire David Friedberg criticized Khanna, asking him to “make a voluntary contribution of 5% of your family’s $200M net worth to the government” that would help jobs, healthcare, and more.
Billionaire David Friedberg recently called out Khanna for not doing his part and donating a percentage of his net worth. Khanna did not appear to take Friedberg up on the offer.
An analysis of Khanna’s public statements about wealth inequality and the sins of the rich shows that Khanna is careful to single out “billionaires” for criticism, rather than centimillionaires like his father-in-law Monte Ahuja.
A 2028 Presidential Run Built on Other People’s Money
In 2025 and 2026, Khanna drew broader national attention through town halls in Republican-held districts and appearances in early-voting presidential states, leading several national outlets to describe him as a potential contender for the Democrat presidential nomination in the 2028 United States presidential election.
And so the pitch is taking shape. Khanna tours steel mills in Ohio, rails against oligarchs on cable television, and calls for Medicare for All and a federal jobs guarantee. Instead of spending trillions on wars overseas, Khanna says the country should invest in priorities at home like Medicare for All, affordable childcare, and free public college and vocational school. Government-run healthcare has a track record wherever it’s been tried — rationing, wait lists, and bureaucrats deciding what care patients deserve — but that’s the pitch.
Back home, his minor children collect six-figure unearned income from Ohio golf clubs while sitting on tens of millions in irrevocable trusts.
Socialism has always worked this way. The people selling it never seem to live under it. The commissars had dachas. The party officials had special stores. The progressive, Silicon Valley congressman and his family live a life of staggering luxury, fueled by dynastic wealth they did not earn and protected by the same thicket of trusts, anonymous corporations, and foundations that Khanna condemns. The sermons about shared sacrifice come from people whose kids will never sacrifice a thing.
Voters in the Rust Belt who watched their factories close and their towns hollow out deserve to know exactly who is asking them to resent the wealthy. And now they do.
Sources: Washington Free Beacon (Andrew Kerr); Mediaite; Victory Girls Blog; CNBC