Miami Mayor Doubles Wealth, Buys Boat as Side Gigs Multiply (1)

July 11, 2023, 1:08 PM UTC

Miami Mayor Francis Suarez makes $126,000 working for the city, converting it into crypto. Despite last year’s market rout, the 45-year-old Republican’s net worth more than doubled to $3.5 million.

Suarez was able to pay off almost $1.7 million in debt from the end of 2021, according to regulatory filings. He also acquired new real estate properties and a $235,000 boat.

Suarez, who also works as a lawyer and private equity executive, has faced criticism for possible conflicts of interest related to outside jobs, just as he launched a long-shot White House bid last month. He didn’t disclose his total ...

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