Khanna reports over 5,400 stock trades in 2025 as he supports taxing wealthy
Ro Khanna (D-CA) reported that his family’s trusts made over 5,400 stock trades in 2025, totaling more than $165 million in trading volume, with the family’s net worth increasing to approximately $167 million. Khanna’s wealth has grown substantially since he entered Congress in 2017. Though he claims he has no direct involvement in the trades, they are disclosed under his name, and his office did not comment on the activity. Khanna supports a ban on stock trading by Congress members and their spouses and backs a proposed billionaire wealth tax in California, which would impose a 5% tax on residents with over $1 billion net worth to fund public services. Critics,including Mark Cuban and Spencer Pratt,have condemned Khanna’s advocacy while noting his substantial wealth,with critics accusing him of benefiting from the system he promotes to regulate. Khanna’s wealth stems from family trusts managed by third-party advisers, created by his father-in-law, Ohio businessman Monte Ahuja. In 2025,Khanna’s family earned up to $10.8 million in dividends and business disbursements, and his children earned over $2 million from private golf club investments.Khanna’s salary as a House representative remains at $174,000 annually.
Rep. Ro Khanna (D-CA) recently reported that his family trusts made 5,402 stock trades during 244 of the 252 active trading days in 2025, according to his latest annual financial disclosure.
The total stock trading volume for the congressman’s family amounted to more than $165 million last year, and his household’s net worth is now up to an estimated $167 million. When he first entered Congress in 2017, Khanna was worth as much as $78 million. The congressman is considering a run for president in 2028.
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The Washington Free Beacon noted that Khanna’s office did not comment on the 2025 disclosure.
Khanna maintains he and his wife do not personally trade stocks, but the trading activity is disclosed under his name. The family trusts, managed by third-party advisers on behalf of Khanna’s wife and children, make the financial transactions.
The House Democrat publicly supports a ban on stock trading by members of Congress and their spouses.
Khanna also backs the proposed billionaire tax that is up for a November vote in California. If approved, the ballot initiative would impose a one-time 5% wealth tax on residents whose net worth is over $1 billion. Money collected from the tax would then be used to help raise $100 billion over five years for funding healthcare, public education, and food assistance in the state.
The progressive lawmaker is nowhere near becoming a billionaire, so his wealth would be considered safe from such a tax.
Mark Cuban, whose net worth is approximately $6 billion, recently criticized Khanna on social media for backing the billionaire tax.
Spencer Pratt, the former Republican candidate for mayor of Los Angeles, also reprimanded Khanna for pushing the statewide wealth tax while enriching himself.
“All of the people pushing the communist crap are wealthy, entitled scammers,” Pratt posted on X. “Rohit Conman, who married into extreme wealth, thinks that if he pushes enough confiscatory communist taxes, the DSA street animals won’t notice he’s loaded and will eat him last.”
Khanna’s father-in-law, Monte Ahuja, created the family’s trusts. Ahuja is a prominent Ohio-based businessman who made his fortune as the founder of Transtar Industries, a global distributor of auto parts. His daughter, Ritu, has been married to Khanna since 2015.
Khanna claims he has no input or knowledge regarding the stock trades made in his family’s trusts.
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Khanna’s family earned up to $10.8 million in dividends and business distributions from their 2025 investments, according to the disclosure. His two young children own stakes in three private golf clubs in Ohio, which resulted in more than $2 million in unearned income for them last year.
Khanna receives the standard $174,000 annual salary for his work in the House. The salary for rank-and-file U.S. representatives has remained the same since 2009.
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