Dan Coats may be out of a job, but he's nowhere near out of money by mtindera07
. The cabinet official may be out of a job, but he won’t be out of money. Based on federal financial filings,A former Republican senator from Indiana, his largest assets include a 7,000-square-foot Virginia home, which he and his wife bought for $2.3 million in 2017. They also hold a stake in something called the Belvedere Equity Fund, worth between $1 million and $5 million, according to a federal financial disclosure report, which lists the value of assets in wide ranges.
Coats, 76, got his start in politics in 1976, working for then-congressman Dan Quayle. When Quayle ran for senate in 1980, Coats took his spot in the House, representing Indiana’s 4th congressional district. He took Quayle’s old job again in 1989, joining the Senate after George H. W. Bush tapped Quayle to be his vice president. Coats served in that role until 1999 when he stepped down to keep a term-limit campaign promise. Over the next decade, he worked at lobbying firms and served as the U.S.
Coats’ assets also include Coca-Cola stock worth at least $50,000, undeveloped land in North Carolina, Utah, Georgia and Texas worth more than $430,000, and a small interest in a Christian radio station in Berlin, according to his 2017 financial disclosure report. Coats requested an extension to file his 2018 report, which has still not been filed. A spokesperson from the office of the director of national intelligence did not return request for comment.
Trump announced, also via Twitter, that he is replacing Coats with Representative John Ratcliffe . According to Ratcliffe’s annual 2018 financial disclosure form, he holds two fixed-rate annuities that are each worth between $1 million and $5 million, as well as a stake in a Memphis sports club worth at least $15,000.
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