Vance's Unique Investments in Various Businesses
- Vance has interests spanning various industries, including housekeeping and streaming services, according to 2022 filings.
- These investments highlight a diverse portfolio that seeks to capitalize on multiple market sectors.
- Such unique business strategies could indicate innovative approaches in a changing economic landscape.
Ohio Senator J.D. Vance has requested an extension for his 2023 financial disclosures, drawing attention to his diverse investment portfolio. Notably, Vance's investments include Narya Capital, a firm he co-founded in 2019, which appears to reference a fictional element from J.R.R. Tolkien's works. Among his significant holdings is Rumble, a conservative video platform that has become a haven for controversial figures, including white supremacist Nick Fuentes and conspiracy theorist Alex Jones. Vance's financial interests extend to biotech startups, particularly AmplifyBio, which focuses on advanced cell and gene therapies. In 2022, he reported holding shares in AmplifyBio valued between $50,001 and $100,000, and another tranche worth $1,001 to $15,000. The company has stated that it does not directly use stem cell lines in its testing, although it does not mandate disclosure from its partners regarding such practices. The Independent has reached out to AmplifyBio for further clarification. In addition to his biotech investments, Vance has stakes in Hallow, a Catholic prayer app that has gained popularity, and other ventures like Mint Apartment Cleaning and Off The Record, a legal tech platform. Vance's financial activities come under scrutiny as he has publicly advocated for a national abortion ban and opposed the Right to IVF Act, emphasizing that most policy decisions should be made at the state level.