Charles Rangel's estate, following his death at age 94, is valued at only $300,000 according to Manhattan Surrogate Court records. This contrasts sharply with his reported net worth at retirement of more than $1.7 million in 2017. His daughter, Alicia Rangel-Haughton, serves as executor of the estate, which is intended to go into the Charles Bernard Rangel Revocable Trust. Rangel faced numerous ethical issues throughout his career, including failing to disclose rental income and omitting significant asset values from financial disclosures.
Rangel's financial misbehavior and ethical questions plagued his career, from taking a low-interest loan in the 1960s to his undisclosed rental income and omitted assets.
Court records reveal Charles Rangel's estate is worth only $300,000, significantly less than his reported retirement net worth of over $1.7 million.
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