Marco Rubio

Status
In Cabinet
Reported Asset Values
$37,009–$205K

The data on this page comes from a financial disclosure filed by Marco Rubio, who was picked to be: Secretary, Department of State. It is part of a collection of thousands of ethics documents ProPublica has been collecting from across the Trump administration.

Roles Outside Government

Officials are required to disclose paid or unpaid positions they hold or recently held outside the federal government, including roles as officer, director, trustee or employee. (Form 278e, Part 1)

OrganizationPosition heldEndnoteLine No.
Florida International UniversitySenior Fellow, 5/2011 - 12/20241
Employment Assets

Officials are required to disclose assets associated with their employment, including salary, retirement accounts, stocks, intellectual property and awards or prizes. (Form 278e, Part 2)

DescriptionValueIncomeIncome TypeEndnoteLine No.
Florida International University$20,784Salary1
Florida International University BENCOR 401(a) FICA Alternative Plan2
Lincoln Stable Value Bencor Post 8 2011$15,001 - $50,000None (or less than $201)2.1
Florida Retirement System, defined benefit plan (value not readily ascertainable) Eligible for approximately $1,000/mo. at age 62None (or less than $201)3
"Decades of Decadence: How Our Spoiled Elites Blew America's Inheritance of Liberty, Security, and Prosperity," HarperCollins Publishers (value not readily ascertainable)$15,001 - $50,000Rent or Royalties (royalties paid through Javelin Group LLC)4
"American Dreams: Restoring Economic Opportunity for Everyone," Penguin Publishing Group (value not readily ascertainable)None (or less than $201)5
"An American Son: A Memoir," Sentinel (value not readily ascertainable)None (or less than $201)6
"100 Innovative Ideas for Florida's Future," Regnery (value not readily ascertainable)None (or less than $201)7
Employment Agreements

Officials are required to disclose agreements relating to other jobs, including what will happen with any small businesses they own during government service and any continued health care coverage, planned leaves of absence, severance or bonuses. (Form 278e, Part 3)

OrganizationAgreementEndnoteLine No.
Florida International UniversityMy contract as an adjunct professor expired on December 25, 2024, and will not be renewed during my time as Secretary of State. (2011-05-01)1
Florida International University BENCOR 401(a) FICA Alternative PlanI will continue to participate in this defined contribution plan. The plan sponsor will not make further contributions after my separation. (2011-05-01)2
Florida Retirement SystemI will continue to participate in this defined benefit plan. (2000-01-01)3
Compensation

Officials are required to disclose the sources of any compensation above $5,000 in a year. (Form 278e, Part 4)

OrganizationDescriptionEndnoteLine No.
Florida International UniversityServices as Senior Fellow1
Spouse’s Assets

Officials are required to disclose their spouse’s assets, including salary and retirement accounts worth more than $1,000. (Form 278e, Part 5)

DescriptionValueIncomeIncome TypeEndnoteLine No.
JDR Events, Inc. (event planning)None (or less than $1,001)Salary1
Other Assets and Income

Officials are required to disclose other assets and sources of investment income belonging to them, their spouse or their dependent children. These include annuities, bonds, cash, college savings plans, farms, precious metals, real estate, stocks, trusts and wills. (Form 278e, Part 6)

DescriptionValueIncomeIncome TypeEndnoteLine No.
Florida Prepaid College Board - Child 11
4-Year Florida University Plan$15,001 - $50,000None (or less than $201)1.1
Florida Prepaid College Board - Child 22
4-Year Florida University Plan$1,001 - $15,000None (or less than $201)2.1
Florida Prepaid College Board - Child 33
4-Year Florida University Plan$1,001 - $15,000None (or less than $201)3.1
BROKERAGE ACCOUNT4
The Coca-Cola Co. (KO)$1,001 - $15,000None (or less than $201)Asset was divested subsequent to filing report.4.1
Cisco Systems, Inc. (CSCO)$1,001 - $15,000None (or less than $201)Asset was divested subsequent to filing report; asset appreciated above reporting threshold during CY2024.4.2
U.S. Bank #1 (Cash)$1,001 - $15,000None (or less than $201)5
U.S. Bank #2 (Cash)$1,001 - $15,000None (or less than $201)6
Florida Retirement System Account7
FRS 2065 Retirement Date Fund$1,001 - $15,000None (or less than $201)7.1
Liabilities

Officials are required to disclose their liabilities totaling more than $10,000, as well as any linked to their spouse or dependent children. These include mortgages, credit card debt and student loans. The interest rates and loan repayment terms are also required. (Form 278e, Part 8)

CreditorDescriptionEndnoteLine No.
Seacoast Banktype: Mortgage on Personal Residence, amount: $500,001 - $1,000,000, year-incurred: 2021, rate: 3.0%, term: 30 years1
Citibank (Mastercard)type: Credit Card, amount: $10,001 - $15,000, year-incurred: 2024, rate: 25.99%, term: RevolvingPaid off monthly2
CitiBanktype: Personal Loan, amount: $15,001 - $50,000, year-incurred: 2024, rate: 15.74% APR, term: 4 yearLoan will be fully repaid February 2025.3

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